Master of Applied Commerce (Accounting)

Course 307-AL (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

Year and Campus: 2009
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Level: Graduate/Postgraduate

Contact

Melbourne Graduate School of Management

http://ecom-unimelb.custhelp.com

Course Overview:

The overall aim of the Masters of Applied Commerce (Accounting) is to provide non-accounting professionals with advanced competencies, professional skills and knowledge in the accounting discipline in order to prepare them for entry into the accounting profession. The degree also aims to develop students' understanding of, and professional skills in, knowledge bases and techniques in related disciplines including economics, management, auditing and information systems.

Objectives: On successful completion of this course, students should be able to:
  • Demonstrate competencies, professional skills and knowledge in relation to contemporary accounting issues and practices;
  • Identify and demonstrate professional skills in knowledge bases and techniques in the related disciplines of economics, management, auditing and information systems;
  • Critically analyse and think strategically in relation to accounting and business analysis issues and problems;
  • Apply appropriate professional and analytical skills to address specific accounting and business issues; and
  • Identify and critically evaluate professional accounting and business issues emerging from strategic developments in practice and accounting regulation.

On successful completion of this course, students should be able to demonstrate the following attributes and skills:

  • Oral communication, including presentation preparation and delivery skills;
  • Synthesis of information;
  • Problem identification and analysis;
  • Critical thinking;
  • Problem solving skills collaboratively in teams;
  • Accessing information and evidence from a range of sources; and
  • Articulate responses in written form.
Course Structure & Available Subjects: The Master of Applied Commerce (Accounting) 16 Subject Program consists of sixteen semester-length subjects comprising two fundamentals subjects, five core business foundation subjects, seven core accounting subjects and two elective subjects.
Subject Options:
Two fundamentals subjects: Two Master of Management foundation subjects as approved by the Program Director.

Students who have completed appropriate undergraduate study may be exempted (not credited) from undertaking these fundamentals subjects.

Five core subjects:
Subject
Study Period Commencement:
Credit Points:
Summer, Semester 1, Semester 2
12.500
Semester 1, Semester 2
12.500
Semester 1, Semester 2
12.500
Semester 1, Semester 2
12.500
Semester 1, Semester 2
12.500


Seven accounting subjects:
Subject
Study Period Commencement:
Credit Points:
Semester 1, Semester 2
12.500
Semester 1, Semester 2
12.500
Semester 1, Semester 2
12.500
Semester 1, Semester 2
12.500
Semester 1, Semester 2
12.500
Semester 1, Semester 2
12.500
Semester 1, Semester 2
12.500


Two additional elective subjects:

Two additional elective subjects selected from the Melbourne GSM's postgraduate offerings with the permission of the Academic Director of the Program.
Entry Requirements:

An undergraduate degree in any discipline, or equivalent.

Completion of the Graduate Management Admissions Test (GMAT)

Personal Statement

Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

Graduate Attributes: None
Notes:

Please note: Entry to the Master of Applied Commerce (Accounting) will not be available from Semester 1, 2009.

Assessment
Students must pass all sixteen subjects to qualify for the Master of Applied Commerce (Accounting) 16 Subject Program.

Professional Accreditation
Successful completion of this Masters degree provides students with training in all key areas of accounting and prepares them to apply for entry to the Institute of Chartered Accountants of Australia (ICAA) or Certified Practising Accountant (CPA) professional studies program.

Students who only wish to meet the Institute of Chartered Accountants of Australia (ICAA) requirements, can elect to complete the following course of study, and exit with a Postgraduate Diploma in Professional Accounting.

The Postgraduate Diploma in Professional Accounting consists of eight semester-length subjects comprising two core business foundation subjects and six core accounting subjects.

Two core subjects:

306-660 Accounting for Decision Making
333-641 Business Finance I

Six accounting subjects

306-670 Strategic Cost Management
306-683 Corporate Reporting
306-684 Financial Accounting
306-685 Auditing and Assurance Services
306-686 Legal Issues for Accountants
306-687 Taxation for Business Decision Making

Students must pass all eight core subjects to qualify for the Postgraduate Diploma in Professional Accounting

Graduate Diploma in Applied Commerce
Students enrolled in any of Master of Applied Commerce programs who are either unable, or who choose not to continue with their studies, may be eligible to exit with a Graduate Diploma in Applied Commerce. Students must have successfully completed four core subjects and four elective subjects, and be in good standing to be eligible to be awarded the Graduate Diploma in Applied Commerce.

Graduate Certificate in Applied Commerce
Students enrolled in any of Master of Applied Commerce programs who are either unable to, or who choose not to continue with their studies, may be eligible to exit with a Graduate Certificate in Applied Commerce. Students must have successfully completed three core subjects and one elective subject, and be in good standing to be eligible to be awarded the Graduate Certificate in Applied Commerce.

Students who are enrolled in the 16 Subject streams of any of the Master of Applied Commerce programs must have successfully completed two fundamentals subjects, in addition to the above requirements, in order to be eligible for the award of the Graduate Diploma or Graduate Certificate.

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