Master of Management (Accounting)

Course MC-MGMTACT (2010)

Note: This is an archived Handbook entry from 2010.

Year and Campus: 2010 - Parkville
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Level: Graduate/Postgraduate
Duration & Credit Points: 200 credit points taken over 24 months full time. This course is available as full or part time.

Coordinator

Professor Bill Harley

Contact

Graduate School of Business and Economics Student Centre
Level 4, 198 Berkeley Street
Telephone: +61 3 8344 1670
Online Enquiries: http://www.gsbe.unimelb.edu.au/future/unity_forms/contact.html
Web: www.melbournegsm.unimelb.edu.au

Course Overview: The Master of Management (Accounting) provides foundation training in the key areas of accounting, economics, management, auditing and information systems. The Master of Management (Accounting) is certified by CPA Australia and the Institute of Chartered Accountants in Australia. After completion of the Master of Management (Accounting) program, graduates are eligible to apply for Associate Membership and are then required to complete a further three years of practical experience combined with further study of between 5 or 6 units of study (with the Institute of Chartered Accountants in Australia or the CPA Australia respectively) to fulfill membership requirements.
Objectives:

1. Learning Goal

Graduates of this degree will be adept at analysing and evaluating evidence in management decision making in an area of commerce specialisation.

Learning objectives to achieve this goal

On successful completion of this degree students will be able to:

  • Describe and explain the fundamental principles influencing markets and managing organisations; and
  • Evaluate the impact of a variety of cultural and environmental factors on the organisation and in the market.

2. Learning Goal

Graduates of this degree will be strategic and critical thinkers in relation to business, commerce and public policy related issues and in developing solutions to problems in organisations and in society.

Learning objectives to achieve this goal

On successful completion of this degree students will be able to:

  • Explain and critically analyse factors that influence decision making in firms and the economy;
  • Identify strategic issues and solutions in relation to economic problems and activity within firms; and
  • Apply knowledge of theory to analyse real and hypothetical problems in different markets both domestically and internationally.

3. Learning Goal

Graduates of this degree will be effective decision makers in business, commerce and public policy.

Learning objectives to achieve this goal

On successful completion of this degree students will be able to:

  • Apply basic mathematical techniques to analyse business data;
  • Evaluate the applicability of various theories and techniques to business related problems;
  • Employ a range of tools of analysis’ pertinent to the evaluation of evidence in business sector;
  • Use evidenced based research techniques to support decisions; and
  • Apply ethical principles and corporate governance strategies to address real world issues and problems.

4. Learning Goal

Graduates of this degree will be competent in professional knowledge and skills in the accounting discipline in preparation for entry into the accounting profession.

Learning objectives to achieve this goal

On successful completion of this degree students will be able to:

  • Critically analyse and think strategically in relation to accounting and business analysis issues and problems;
  • Apply appropriate accounting professional and analytical skills; and
  • Identify, critically evaluate and develop solutions to professional accounting issues emerging from changes in practice and accounting regulation.

Course Structure & Available Subjects: The Master of Management (Accounting) program consists of sixteen semester-length subjects comprising four foundation subjects to be taken in the first semester of study, ten compulsory subjects, and two free electives to be taken from the Master of Management elective subject listing.
Subject Options:

Four foundation subjects:

Subject
Study Period Commencement:
Credit Points:
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50

Ten compulsory subjects:

Subject
Study Period Commencement:
Credit Points:
Summer Term, Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50

Two electives:

Two free electives to be taken from the Master of Management elective subject listing.
Entry Requirements:

1. The Selection Committee will evaluate the applicant's ability to pursue the course successfully using the following criteria:

• An undergraduate degree in any discipline, or equivalent; and

• The applicant's submitted statement of intent in seeking entry; and

• Performance on the GMAT unless the applicant has met one of the approved conditions for GMAT exemption.

2. The Selection Committee may conduct interviews and tests and call for referee reports and employer references to elucidate any of the matters referred to above.

Core Participation Requirements:

For the purpose of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this course are articulated in the Course Description, Course Objectives and Generic Skills of this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/

Graduate Attributes: On successful completion of this course, students will be:
  • Competent in professional knowledge and skills in the accounting discipline in preparation for entry into the accounting profession;
  • Adept at analysing and critically evaluating evidence in management accounting decision making;
  • Strategic and critical thinkers in relation to business, commerce and public policy related issues and in developing solutions to accounting problems in organisations and in society;
  • Effective decision makers in business, commerce and public policy;
  • Knowledgeable in relation to research evidence supporting business practice and in developing solutions to Business and Commerce problems;
  • Ethical practitioners through their knowledge of corporate governance processes and implementation;
  • Problem solvers in accounting through the application of appropriate accounting theories, principles and data;
  • Effective communicators of accounting and commerce related ideas, theories and solutions to peers and the wider community;
  • Able to conduct basic research and to retrieve accounting information from a variety of sources; and
  • Collaborative in work practices in accounting.
Generic Skills: On successful completion of this degree students should have enhanced their skills in:
  • Critical evaluation of evidence in support of an argument or proposition;
  • Problem identification and solving in accounting through the application of appropriate accounting theories, principles and data;
  • Communication of accounting and commerce related ideas, theories and solutions to peers and the wider community;
  • Ability to synthesize ideas, theories and data in developing solutions to accounting problems;
  • Ethical practice through a knowledge of corporate governance processes and implementation;
  • Research skills including the retrieval of information from a variety of sources; and
  • Teamwork through collaborative exercises in tutorials and assessment.
Notes: Duration

Full-time students will take four subjects per semester for four semesters (approximately two years). Part-time students will usually enrol for eight semesters taking two subjects per semester.

Assessment

Students must pass all sixteen subjects to qualify for the Master of Management (Accounting).

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.

Graduate Diploma in Management

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

Graduate Certificate in Management

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

Download PDF version.