Master of Accounting
The Master of Accounting program at Monash University offers a compreh...
Bachelor of Accounting
Melbourne
INTAKE: Feb, Jul & Nov
Program Overview
Monash University offers a comprehensive Bachelor of Accounting program designed to equip students with the knowledge and skills necessary for a successful career in accounting and finance. Accredited by CPA Australia and Chartered Accountants Australia and New Zealand (CA ANZ), this program combines theoretical learning with practical experience to prepare graduates for the complexities of modern accounting practices.
Curriculum: The Bachelor of Accounting curriculum at Monash University covers core areas such as financial accounting, management accounting, auditing, taxation, and corporate finance. Students also study business law, economics, and information systems to gain a holistic understanding of business operations. The program emphasizes critical thinking, analytical skills, and ethical decision-making, preparing students to navigate the regulatory and technological challenges in accounting.
Research Focus: Research is integral to the Bachelor of Accounting program at Monash University, where students have opportunities to engage in research projects focusing on accounting standards, financial reporting practices, audit methodologies, and emerging trends in accounting technology. Faculty members mentor students, encouraging them to explore current issues in accounting and contribute to academic knowledge and industry practices.
Industry Engagement: Monash University fosters strong partnerships with accounting firms, financial institutions, and corporate organizations, providing Bachelor of Accounting students with industry placements, internships, and networking opportunities. Through these engagements, students gain practical insights into professional accounting practices, regulatory compliance, and financial analysis, enhancing their employability and readiness for professional certification.
Global Perspective: With a commitment to global excellence, Monash University integrates global perspectives into the Bachelor of Accounting program. Students learn about international accounting standards, cross-border taxation issues, global financial markets, and multinational business operations. The program also offers opportunities for international study tours, exchange programs, and collaborations with global accounting bodies, preparing graduates for international career opportunities and global business environments.
Location
Melbourne
Score
IELTS 6.5
Tuition Fee
AUD 49200
Undergraduate Entry Requirements
Application Fee: AUD $100
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 70% or above in their previous academic qualifications.
English Language Proficiency:
- IELTS: Overall band score of 6.0 or 6.5 with a minimum of 5.5 in each component.
- TOEFL: Overall score of 80 with a minimum of 19 in each section.
- PTE (Pearson Test of English): Overall score of 58 with a minimum of 50 in each section.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.
Monash University offers a range of scholarships to both domestic and international students to help cover the cost of tuition fees, living expenses, and other study-related costs. These scholarships are awarded based on academic excellence, financial need, leadership potential, and other criteria.
Monash International Merit Scholarship: This scholarship is offered to international students who have demonstrated academic excellence in their previous studies. The scholarship provides up to $10,000 per annum for the duration of the student's course.
Monash Asylum Seekers Scholarship: This scholarship is designed to provide financial assistance to asylum seekers who are undertaking undergraduate or postgraduate study at Monash University. The scholarship covers the cost of tuition fees, as well as a range of other study-related expenses.
Monash Equity Scholarship: This scholarship is offered to students who have experienced financial hardship or other forms of disadvantage that have impacted their ability to succeed academically. The scholarship provides up to $6,000 per annum to assist with living expenses and other costs.
Monash Indigenous Scholarship: This scholarship is available to Indigenous students who are undertaking undergraduate or postgraduate study at Monash University. The scholarship provides a range of benefits, including financial assistance, mentoring, and academic support.
Graduates of Monash University's Bachelor of Accounting program are well-prepared for diverse and rewarding career opportunities in the field of accounting, finance, and business management, leveraging their strong theoretical foundation and practical skills.
Public Practice Accounting: Many graduates pursue careers in public practice accounting firms, where they provide a range of services including auditing, taxation, financial advisory, and business consulting. They may work towards becoming Chartered Accountants (CA) or Certified Practicing Accountants (CPA), offering services to clients ranging from small businesses to multinational corporations.
Corporate Accounting and Finance: Graduates may choose to work in corporate settings, managing financial operations, budgeting, financial reporting, and strategic financial planning. They play a crucial role in ensuring compliance with accounting standards, analyzing financial performance, and providing insights for decision-making by senior management and stakeholders.
Management Accounting: Some graduates specialize in management accounting roles within organizations, where they focus on cost analysis, budget management, performance evaluation, and financial forecasting. They provide valuable insights to support operational efficiency and strategic decision-making across various departments.
Audit and Assurance: Graduates interested in assurance services may pursue careers in audit firms or internal audit departments of corporations. They assess financial statements, evaluate internal controls, and provide recommendations to enhance transparency, mitigate risks, and ensure compliance with regulatory requirements.
Taxation Consulting: With a solid understanding of tax laws and regulations, graduates may specialize in taxation consulting roles. They advise clients on tax planning strategies, prepare tax returns, and navigate complex tax compliance issues to optimize tax efficiencies for individuals and businesses.
Financial Analysis and Investment Banking: Some graduates with strong analytical skills and financial acumen may pursue careers in financial analysis, investment banking, or financial advisory roles. They analyze financial data, conduct market research, and provide recommendations for investment decisions, mergers and acquisitions, and corporate finance transactions.
Government and Nonprofit Organizations: Accounting graduates may work in government agencies or nonprofit organizations, where they manage public finances, budget allocations, grants management, and financial reporting. They contribute to public sector accountability and transparency or support mission-driven initiatives in nonprofit sectors.
Entrepreneurship and Consulting: Entrepreneurial graduates may establish their own accounting firms, consulting practices, or financial advisory services. They leverage their expertise in accounting principles, taxation, and financial management to offer specialized services to clients, startups, or small businesses seeking strategic financial guidance.
Global Opportunities: Monash University's Bachelor of Accounting program equips graduates with global perspectives and cross-cultural competencies, making them competitive candidates for international career opportunities. They may pursue roles in multinational corporations, global accounting firms, or international organizations, leveraging their understanding of international accounting standards and global business practices.
Continued Professional Development: Beyond initial placements, Monash University supports graduates through ongoing professional development opportunities, continuing education programs, and networking events. Alumni benefit from access to resources, updates on regulatory changes, and opportunities to earn advanced certifications such as CPA Australia or CA ANZ, ensuring they stay current and competitive in the evolving field of accounting.
