Master of Accounting
The Master of Accounting program at Monash University offers a compreh...
Bachelor of Business and Bachelor of Accounting
Melbourne
INTAKE: Feb, Jul & Nov
Program Overview
The Bachelor of Business and Bachelor of Accounting program at Monash University offers a comprehensive dual degree that combines essential business management skills with specialized accounting knowledge. This program is designed to prepare students for careers in accounting, financial management, auditing, and business leadership roles. Graduates gain a strong foundation in both business administration and accounting principles, enhancing their career prospects in diverse industries globally.
Curriculum: The curriculum integrates core courses from both business and accounting disciplines, providing students with a balanced education in financial reporting, management accounting, taxation, auditing, economics, marketing, human resources, and strategic management. Students also have the flexibility to choose elective courses based on their career interests, such as forensic accounting, international business, corporate finance, or digital marketing. The program emphasizes hands-on learning through case studies, simulations, and real-world projects to develop practical skills essential for professional success.
Research Focus: Monash University is recognized for its research excellence in accounting, finance, and business management. Faculty members conduct impactful research that informs industry practices, policy development, and academic discourse. Students in the Bachelor of Business and Bachelor of Accounting program have opportunities to engage in research projects, seminars, and conferences, gaining insights into emerging trends and best practices that shape global business and accounting strategies.
Industry Engagement: The university maintains strong connections with industry leaders, accounting firms, financial institutions, and multinational corporations, ensuring that the Bachelor of Business and Bachelor of Accounting program remains relevant and responsive to industry needs. Industry professionals contribute to curriculum development, mentorship programs, guest lectures, and internship placements, providing students with practical insights, networking opportunities, and hands-on experience in accounting practices and business operations.
Global Perspective: With a diverse student body and international partnerships, Monash University offers a global perspective that enriches the Bachelor of Business and Bachelor of Accounting program. Students have opportunities to participate in international study tours, exchange programs, and collaborative projects with global partners. This global exposure enhances cross-cultural understanding, global business acumen, and prepares graduates to work effectively in multicultural and international 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 the Bachelor of Business and Bachelor of Accounting program from Monash University possess a unique blend of business management and accounting skills, preparing them for diverse and lucrative career opportunities across various industries globally.
Chartered Accountant: Graduates can pursue careers as chartered accountants, providing accounting, auditing, and financial advisory services to clients in public accounting firms or private corporations. They ensure compliance with financial regulations, prepare financial statements, and provide strategic financial advice to optimize organizational performance.
Financial Analyst: Financial analysts assess financial data, market trends, and investment opportunities to provide recommendations for portfolio management, mergers, acquisitions, or corporate finance decisions. Graduates with strong analytical skills and accounting expertise can work in financial institutions, investment firms, or corporate finance departments.
Management Consultant: Management consultants advise organizations on strategic planning, operational efficiency, and organizational restructuring. Graduates with business acumen and accounting knowledge can work in consulting firms, helping businesses improve performance, streamline operations, and implement effective business strategies.
Internal Auditor: Internal auditors evaluate organizational processes, controls, and financial reporting systems to ensure compliance with policies, regulations, and industry standards. Graduates with auditing skills and knowledge of accounting principles can work in corporate audit departments, assessing risks and recommending improvements to internal controls.
Tax Consultant/Advisor: Tax consultants provide expert advice on tax planning, compliance, and regulatory issues to individuals and businesses. Graduates with specialized knowledge of tax laws, accounting principles, and financial analysis can work in accounting firms, corporate tax departments, or as independent tax advisors helping clients navigate complex tax regulations.
Financial Manager: Financial managers oversee financial operations, budgeting, and strategic financial planning within organizations. Graduates with accounting qualifications and business management skills can work in corporate finance departments, financial institutions, or multinational corporations, ensuring financial stability and profitability.
Business Analyst: Business analysts analyze organizational processes, market trends, and financial data to identify opportunities for business improvement and growth. Graduates with business and accounting knowledge can work in business development roles, conducting feasibility studies, market research, and financial modeling to support decision-making.
Corporate Controller: Corporate controllers oversee accounting operations, financial reporting, and compliance within organizations. Graduates with accounting qualifications and managerial skills can work in corporate settings, managing financial strategies, internal controls, and financial reporting to support organizational goals and regulatory requirements.
Forensic Accountant: Forensic accountants investigate financial discrepancies, fraud allegations, and misconduct within organizations. Graduates with accounting expertise and investigative skills can work in forensic accounting firms, law enforcement agencies, or corporate security departments, providing litigation support and expert witness testimony.
Financial Planner/Advisor: Financial planners offer personalized financial advice to individuals and businesses, helping clients achieve financial goals, manage investments, and plan for retirement. Graduates with accounting and financial planning qualifications can work in financial advisory firms, banks, or insurance companies, guiding clients through financial decision-making processes.
Entrepreneur/Business Owner: Many graduates choose to leverage their combined business and accounting skills to start their own ventures or consultancy firms. They apply their knowledge in financial management, business strategy, and accounting principles to establish and grow successful businesses, providing innovative solutions in competitive markets.
Further Education: The Bachelor of Business and Bachelor of Accounting degree also serves as a solid foundation for further academic pursuits. Graduates may pursue postgraduate studies such as Master of Professional Accounting (MPA), Master of Business Administration (MBA), or specialized master's programs in finance, taxation, or business analytics to deepen their expertise and enhance career prospects.
