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Master of Commerce (Accounting) (MC-COMACT)
Masters (Coursework)Year: 2023 Delivered: On Campus (Parkville)
About this course
Contact
Dr Like Jiang
e: buseco-gradresearch@unimelb.edu.au
For currently enrolled students:
mbs.unimelb.edu.au/students/course-planning
e: buseco-gradresearch@unimelb.edu.au
For future students:
Overview
Award title | Master of Commerce (Accounting) |
---|---|
Year & campus | 2023 — Parkville |
CRICOS code | 092763F |
Fees information | Subject EFTSL, level, discipline and census date |
Study level & type | Graduate Coursework |
AQF level | 9 |
Credit points | 200 credit points |
Duration | 24 months full-time or 48 months part-time |
The Master of Commerce (Accounting) represents years 1 and 2 of the new 5 year doctoral program in Accounting and is only available to students pursuing the doctoral program.
Entry requirements
1. In order to be considered for entry, applicants must have completed:
- a four-year undergraduate degree in accounting, finance, economics or other quantitative discipline with a University of Melbourne equivalent weighted average mark of least 75% (H2A) or equivalent; or
- a qualification and professional experience considered to be equivalent;
and submit: - a personal statement outlining why they wish to be considered for the course (maximum of 1,000 words); and
- a Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) Test unless the applicant has met one of the Faculty’s doctoral-level conditions for GMAT/GRE exemption; and
- academic referee reports (except for applicants who have graduated from the University of Melbourne within the last 5 years).
Meeting these requirements does not guarantee selection.
2. In ranking applicants, the selection committee will consider:
- prior academic performance; and
- the results of a Graduate Management Admission Test (GMAT) of a Graduate Record Examinations (GRE) test completed within the last 5 years. No minimum GMAT or GRE score is required. The average score of successful applicants is around 680-700 (GMAT) and 324 (GRE). The following applicants for this course are exempt from submitting a GMAT or GRE test:
- Those who have completed an undergraduate degree in Australia or New Zealand within the 18 months prior to the date of application; or
- Those who face significant humanitarian issues;
- performance in an interview during which the applicant’s level of understanding, motivation and time commitment will be assessed; and
- relevant prior research and/or professional experience; and
- referee reports; and
- the personal statement.
3. The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Academic Board rules on the use of selection instruments.
4. Applicants are required to satisfy the university’s English language requirements for graduate courses. For those applicants seeking to meet these requirements by one of the standard tests approved by the Academic Board, performance band 7 is required.
Inherent requirements (core participation requirements)
Inherent requirements are the abilities, knowledge and skills needed to complete this course that must be met by all students. For information on the inherent requirements specific to this course contact the course/program coordinator. In some circumstances reasonable adjustments may be available to enable students to meet these requirements while still preserving the academic integrity of the university's learning, assessment and accreditation processes. For more information on how to seek these adjustments refer to the Student Equity and Disability Support website: https://services.unimelb.edu.au/student-equity/home
Intended learning outcomes
1. Learning Goal
Graduates of this course will be familiar with recent developments and emerging issues relating to research in accounting.
Learning objectives to achieve this goal
On successful completion of this course, students should be able to:
- Identify and discuss contemporary issues in accounting research as reflected in the current accounting research literature.
2. Learning Goal
Graduates of this course will possess research skills that will enable them to conduct research into accounting research questions and critically evaluate the research of others.
Learning objectives to achieve this goal
On successful completion of this course, students should be able to:
- Identify suitable accounting research questions and related hypotheses;
- Develop and implement data analysis procedures to investigate accounting research hypotheses; and
- Critically evaluate the research design choices made in the accounting research literature.
3. Learning Goal
Graduates of this course will possess oral and written communication skills.
Learning objectives to achieve this goal
On successful completion of this course, students should be able to:
- Clearly communicate, both orally and in written form, their research ideas and their evaluation of the research ideas and procedures from the accounting research literature.
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 solving in accounting through the ability to define, structure, and prioritise issues; and collect and analyse data to test ideas;
- 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;
- Ability to integrate knowledge and research skills to address a research question;
- Demonstrate a capacity to successfully engage in collaborative activities such as group‐based work and activities; and
- Interpret and communicate research results to specialist and non-specialist audiences.
Graduate attributes
- Critical evaluation of evidence in support of an argument or proposition;
- Problem solving in accounting through the ability to define, structure, and prioritise issues; and collect and analyse data to test ideas;
- 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;
- Ability to integrate knowledge and research skills to address a research question;
- Demonstrate a capacity to successfully engage in collaborative activities such as group-based work and activities; and
- Interpret and communicate research results to specialist and non-specialist audiences.
Course structure
Students in the Master of Commerce (Accounting) will need to complete 16 subjects, comprising ten compulsory accounting subjects, one economics subject, one econometric subject and four electives.
Progression from Year 1 to Year 2 of the Master of Commerce (Accounting) requires:
- An average of no less than 80% in all compulsory subjects in Year 1; and
- An overall average grade of 75% or higher in year 1 subjects
Students who discontinue from the Master of Commerce (Accounting) after Year 1 but have successfully completed the requirements of the Graduate Diploma in Commerce (Accounting) will be eligible to receive the Graduate Diploma in Commerce (Accounting) as an exit award.
Progression from Year 2 of the Master of Commerce (Accounting) to the Doctor of Philosophy (Business and Economics) requires:
- An average of no less than 75% overall in all subjects taken in Years 1 and 2; and
- an average of no less than 80% in all compulsory subjects in Years 1 and 2; and
- an average of no less than 80% in ACCT90003 Accounting Research Report and ACCT90043 Advanced Accounting Research Report
Subject options
Year One
Core Subjects
All students must take the following subjects:
Code | Name | Study period | Credit Points |
---|---|---|---|
ACCT90019 | Financial Accounting Research | Semester 1 (On Campus - Parkville) |
12.5 |
ACCT90020 | Management Accounting Research | Semester 1 (On Campus - Parkville) |
12.5 |
ECON90062 | Behavioural Economics:Accounting&Finance | Not available in 2023 | 12.5 |
ACCT90039 | Behavioural Research in Accounting | June (On Campus - Parkville) |
12.5 |
ACCT90011 | Special Topics in Accounting | Semester 2 (On Campus - Parkville) |
12.5 |
All students must take one of the following subjects:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECON90063 | Advanced Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
ECON90002 | Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
ECON90012 | Microeconomics II | Semester 2 (On Campus - Parkville) |
12.5 |
All students must take one of the following subjects:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECOM90002 | Econometrics 2 |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ECOM90013 | Econometrics 3 | Semester 1 (On Campus - Parkville) |
12.5 |
Elective subject
Students must complete one elective that must be approved by the Program Director.
Year Two
Core Subjects
All students must complete the following subjects:
Code | Name | Study period | Credit Points |
---|---|---|---|
ACCT90003 | Accounting Research Report 1 | Not available in 2023 | 12.5 |
ACCT90043 | Accounting Research Report 2 | Not available in 2023 | 12.5 |
ACCT90044 | Advanced Accounting 1 | Not available in 2023 | 12.5 |
ACCT90045 | Advanced Accounting 2 | Not available in 2023 | 12.5 |
Elective Subjects
Students must complete four electives that must be approved by the Program Director.
Progression from Year 1 to Year 2 of the Master of Commerce (Accounting) requires:
- an overall average grade of 75% or higher in year 1 subjects
Progression from Year 2 of the Master of Commerce (Accounting) to the Doctor of Philosophy in Business and Economics requires:
- An average of no less than 75% overall in all subjects taken in Years 1 and 2; and
- An average of no less than 80% in all compulsory subjects in Years 1 and 2; and
- An average of no less than 80% in ACCT90003 Accounting Research Report and ACCT90043 Advanced Accounting Research Report
Students who discontinue from the Master of Commerce (Accounting) after Year 1 but have successfully completed the requirements of the Graduate Diploma in Commerce (Accounting) will be eligible to receive the Graduate Diploma in Commerce (Accounting) as an exit award.
Last updated: 4 April 2024