Master of Management (Accounting) (MC-MGMTACT)

Overview

Award title	Master of Management (Accounting)
Year & campus	2025 — Parkville
CRICOS code	064499E
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 Management (Accounting) provides a foundation in accounting, economics, management, and quantitative methods. Students in the Master of Management (Accounting) complete a specialist core to develop their knowledge and skills in financial accounting, managerial accounting, auditing, taxation, corporate reporting and accounting information systems. The Master of Management (Accounting) is accredited by Certified Practising Accountants Australia (CPA Australia) and Chartered Accountants Australia and New Zealand (CAANZ). Successful completion of the Master of Management (Accounting) prepares students to apply for entry to CPA Australia and CAANZ professional studies programs.

Links to further information

This course is available in My Course Planner

My Course Planner is an interactive web application that allows you to explore your study options and decide which subjects and major(s), minors and/or specialisations are right for you.

Entry requirements

1. In order to be considered for entry, applicants must have completed:

an undergraduate degree in any discipline, or equivalent.

Meeting these requirements does not guarantee selection.

2. In ranking applications, the Selection Committee will consider:

prior academic performance.

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 (with no individual band less than 6.5).

Notes:

Applicants with an undergraduate degree in a business/commerce or related discipline, or with a degree in any discipline with appropriate business breadth or minor, may be awarded up to 50 points of credit.
Applicants with a prior degree in Accounting will be excluded from entry to this degree. Subject to meeting entry requirements, applicants are encouraged to apply for the Master of Management (Accounting and Finance) program.
Students who discontinue from the Master of Management Accounting) but have successfully completed the requirements of the Graduate Certificate in Management or the Graduate Diploma in Management will be eligible to receive the Graduate Certificate in Management or the Graduate Diploma in Management, respectively, as an exit award.

Guaranteed Pathway
For those applicants with an undergraduate degree in any discipline who are assessed as not meeting the University of Melbourne WAM-equivalent requirement for entry into the Master of Management (Accounting), a place in the Graduate Certificate in Business may be offered. Successful completion of the Graduate Certificate with a minimum average WAM of 70, and no failed subjects, provides a guaranteed pathway into the 200-point Master of Management (Accounting). Advanced Standing for subjects completed in the Graduate Certificate in Business will be provided where subjects undertaken align with equivalent foundation subjects to be completed as part of this degree.

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

Professional accreditation

Successful completion of the Master of Management (Accounting) (200 point) provides students with training in all key areas of accounting and prepares them to apply for entry to Chartered Accountants Australia and New Zealand (CAANZ) or Certified Practising Accountant (CPA) professional studies programs.

Intended learning outcomes

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

Describe and explain the body of knowledge, including recent developments, influencing markets and guiding the management of organisations
Evaluate the impact of a variety of cultural and environmental factors on the organisation and in the market
Identify and apply methods for researching business related problems

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

Explain critically analyse and reflect on factors that influence decision making in firms and the economy
Identify strategic issues and solutions in relation to economic problems and activity within firms
Apply knowledge of theory to analyse real and hypothetical problems in different markets both domestically and internationally
Demonstrate creativity and initiative in the application of knowledge to problem solving and innovation

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

Apply research techniques to business related problems
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
Apply ethical principles and corporate governance strategies to address real world issues and problems;
To demonstrate a capacity to successfully work independently with personal accountability
Execute a project requiring research or real-world application

Graduates of this degree will be competent in professional knowledge and skills necessary for entry into the accounting profession and to satisfy the educational requirements of Chartered Accountants Australia and New Zealand (CAANZ) and CPA Australia.

Critically analyse and think strategically in relation to accounting and business analysis issues and problems
Identify, critically evaluate and develop solutions to accounting issues emerging from changes in practice and accounting regulation
Describe principles, theories and models pertaining to the accounting discipline
Appraise recent developments in the accounting discipline
Demonstrate an understanding of the role of accounting in its different contexts and organisational settings

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;
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

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.

Course structure

Completion of one entry point program is required.

The Master of Management (Accounting) has two entry point programs: 200pt and 150pt programs.

The Master of Management (Accounting) 200 Point (200pt) program consists of sixteen subjects, comprising five foundation subjects, three discipline core subjects, one capstone subject and seven elective subjects.

Students who wish to take more Year 1 Foundation selective subject(s) can do so through selecting them in the electives list and completing them as elective subject(s).

Students should visit the Majors, minors and specialisations page for specific entry point course structures. Students entering the course with 50 points of advanced standing should refer to the 150pt program.

Subject options (200pt program)

Foundation subjects

Students must complete all of the following subjects:

Foundation core subjects (the first semester of the program)

Code	Name	Study period	Credit Points
ACCT90004	Accounting for Decision Making	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
ECOM90009	Quantitative Methods for Business	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
ECON90015	Managerial Economics	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
FNCE90060	Financial Management	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5

Students must complete one of the following subjects:

Foundation selectives

Code	Name	Study period	Credit Points
MGMT90018	Managing Behaviour in Organisations	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MGMT90140	Management Competencies	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MKTG90037	Managing for Value Creation	Summer Term (On Campus - Parkville) Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5

Discipline core subjects

Students must complete all of the following subjects:

Code	Name	Study period	Credit Points
		Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)
ACCT90002	Financial Statement Analysis	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
ACCT90009	Strategic Cost Management	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
ACCT90010	Strategic Performance Management	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
ACCT90012	Corporate Reporting	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
ACCT90013	Financial Accounting Theory & Practice	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
ACCT90014	Auditing and Assurance Services	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
ACCT90015	Legal Issues for Business	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
ACCT90016	Taxation for Business Decision Making	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
ACCT90030	Information Processes & Control	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5

Capstone subject

Students must complete the following subject in their final semester of the program:

Code	Name	Study period	Credit Points
ACCT90033	Integrated Accounting Studies	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5

Electives

Students must complete one subject from any of the following lists:

Accounting electives

Code	Name	Study period	Credit Points
		Not available in 2025 Semester 2 (On Campus - Parkville) Summer Term (Online) Semester 1 (On Campus - Parkville) Winter Term (On Campus - Parkville)
ACCT90005	Analysis of Emerging Market Firms	Not available in 2025	12.5
ACCT90006	Strategic Management Accounting	Not available in 2025	12.5
ACCT90007	Assurance Practices	Not available in 2025	12.5
ACCT90008	Acc.Information and Security Valuation	Not available in 2025	12.5
ACCT90026	Forensic Business Processes	Not available in 2025	12.5
ACCT90031	Sustainability Reporting & Management	Semester 2 (On Campus - Parkville)	12.5
BISY90009	Managing Information Technology	Summer Term (Online) Semester 2 (On Campus - Parkville)	12.5
BUSA90520	Data Wrangling and Visualisation	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MULT90014	Business Risk Management	Winter Term (On Campus - Parkville)	12.5

Economics electives

Code	Name	Study period	Credit Points
ECON90016	Environmental Economics and Strategy	Not available in 2025	12.5
ECON90025	Cooperation and Conflict in World Trade	Not available in 2025	12.5
ECON90032	Macroeconomics for Managers	Semester 1 (On Campus - Parkville)	12.5
ECON90045	Microeconomics 2	Not available in 2025	12.5
ECON90047	Macroeconomics 2	Not available in 2025	12.5

Finance electives

Code	Name	Study period	Credit Points
		Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville) Not available in 2025 June (On Campus - Parkville)
FNCE90011	Derivative Securities	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
FNCE90016	International Financial Management	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
FNCE90018	Corporate Financial Policy	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
FNCE90045	Financial Spreadsheeting	Not available in 2025	12.5
FNCE90046	Treasury Management	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
FNCE90048	Project Finance	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
FNCE90049	Property Development and Investment	Semester 1 (On Campus - Parkville)	12.5
FNCE90051	Fundamentals of Portfolio Management	June (On Campus - Parkville)	12.5
FNCE90056	Investment Management	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
FNCE90057	Ethics In Finance	June (On Campus - Parkville)	12.5
FNCE90086	Behavioural Finance	Semester 2 (On Campus - Parkville)	12.5
FNCE90087	Sustainable Investment	Semester 2 (On Campus - Parkville)	12.5

Management electives

Code	Name	Study period	Credit Points
		Not available in 2025 Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville) Summer Term (On Campus - Parkville) Winter Term (On Campus - Parkville) November (On Campus - Parkville)
BUSA90529	Building Entrepreneurial Ventures	Not available in 2025	12.5
IBUS90002	Managing in Asia	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
IBUS90003	The Multinational	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
IBUS90008	Global Value Chains	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MGMT90011	Managing Stakeholders	Semester 1 (On Campus - Parkville)	12.5
MGMT90012	Managing Diversity	Semester 2 (On Campus - Parkville)	12.5
MGMT90013	Leadership and Team Dynamics	Semester 1 (On Campus - Parkville)	12.5
MGMT90014	HRM in the New World of Work	Semester 2 (On Campus - Parkville)	12.5
MGMT90015	Human Resource Fundamentals	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MGMT90016	Performance and Reward Management	Semester 1 (On Campus - Parkville)	12.5
MGMT90017	HR Consulting	Semester 1 (On Campus - Parkville)	12.5
MGMT90018	Managing Behaviour in Organisations	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MGMT90025	People and Change	Semester 2 (On Campus - Parkville)	12.5
MGMT90026	Supply Chain Management	Semester 1 (On Campus - Parkville)	12.5
MGMT90027	International Human Resource Management	Semester 1 (On Campus - Parkville)	12.5
MGMT90030	Managing Innovation	Semester 2 (On Campus - Parkville)	12.5
MGMT90031	Project Management	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MGMT90032	Operations and Process Management	Semester 2 (On Campus - Parkville)	12.5
MGMT90037	Conflict and Negotiation	Summer Term (On Campus - Parkville) Winter Term (On Campus - Parkville) November (On Campus - Parkville)	12.5
MGMT90038	Global Corporate Governance	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MGMT90140	Management Competencies	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MGMT90141	Business Analysis and Decision Making	Summer Term (On Campus - Parkville) Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MGMT90146	Strategic Management	Summer Term (On Campus - Parkville) Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MGMT90148	Consulting Fundamentals	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MGMT90165	Social Entrepreneurship	Not available in 2025	12.5
MGMT90176	People and Capability	Semester 2 (On Campus - Parkville)	12.5
MGMT90201	Entrepreneurial Practice	Semester 2 (On Campus - Parkville)	12.5
MGMT90208	Sustainable Business Practices	Semester 1 (On Campus - Parkville)	12.5
MGMT90261	HR Analytics	Not available in 2025	12.5
MKTG90026	Marketing Metrics	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MKTG90037	Managing for Value Creation	Summer Term (On Campus - Parkville) Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5

Marketing electives

Code	Name	Study period	Credit Points
		Semester 2 (On Campus - Parkville) Semester 1 (On Campus - Parkville) Not available in 2025
MKTG90001	Omnichannel Retail	Semester 2 (On Campus - Parkville)	12.5
MKTG90002	New Product Development	Semester 1 (On Campus - Parkville)	12.5
MKTG90003	Public Relations	Semester 2 (On Campus - Parkville)	12.5
MKTG90004	Marketing Management	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MKTG90006	Branding	Semester 1 (On Campus - Parkville)	12.5
MKTG90007	Customer Experience Management	Semester 1 (On Campus - Parkville)	12.5
MKTG90008	Consumers and Consumption	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MKTG90009	Advertising and Communications Strategy	Semester 2 (On Campus - Parkville)	12.5
MKTG90011	Marketing Research	Semester 1 (On Campus - Parkville) Semester 2 (On Campus - Parkville)	12.5
MKTG90017	Digital Business and Marketing	Semester 2 (On Campus - Parkville)	12.5
MKTG90033	Neuromarketing	Semester 1 (On Campus - Parkville)	12.5
MKTG90040	Sales	Not available in 2025	12.5
MKTG90048	B2B Marketing	Semester 2 (On Campus - Parkville)	12.5
MKTG90049	Marketing, Society and Sustainability	Semester 1 (On Campus - Parkville)	12.5

Work Integrated Learning electives

Code	Name	Study period	Credit Points
BUSA90473	Business Practicum	Semester 1 (Off Campus) Winter Term (Off Campus) Semester 2 (Off Campus)	12.5
BUSA90485	Global Business Practicum	Summer Term (Off Campus) July (Off Campus) November (Off Campus)	12.5
BUSA90525	Business and Economics Internship	Summer Term (Off Campus) Semester 1 (Early-Start) (Off Campus) Semester 2 (Early-Start) (Off Campus)	12.5
ENGR90039	Creating Innovative Professionals	Semester 2 (On Campus - Parkville)	12.5

Law electives

Code	Name	Study period	Credit Points
LAWS90125	Fundamentals of Intellectual Property	March (On Campus - Parkville) July (On Campus - Parkville)	12.5

Majors, minors & specialisations

Name	Credit Points
150pt Program	150
200pt Program	200

Duration

Part-time, full-time and accelerated study plan options:

The 200 point study plan can be completed in 18 to 24 months of full-time study.

Full-time students take four subjects per standard semester for four semesters (approximately 2 years) and may opt to take additional subjects in summer and winter semesters to reduce the duration of their program.
Part-time students enrol in one or two subjects per semester.

The 150 point study plan can be completed in 12 to 18 months of full-time study.

Full-time students take four subjects per standard semester for three semesters (approximately 1.5 years) and may opt to take additional subjects in summer and winter semesters to reduce the duration of their program.
Part-time students enrol in one or two subjects per semester.

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.

Master of Management students enrolled in 200 point programs who wish to exit with the Graduate Certificate must complete 100 points of Master of Management subjects (50 points of which must be core subjects).
Master of Management students with cognate backgrounds who are following the 150 point study plan and wish to exit with the Graduate Certificate must complete 50 points of Master of Management subjects (25 points of which must be core subjects).

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.

Master of Management students enrolled in 200 point programs who wish to exit with the Graduate Diploma must complete 150 points of Master of Management subjects (75 points of which must be core subjects).
Master of Management students with cognate backgrounds who are following the 150 point study plan and wish to exit with the Graduate Diploma must complete 100 points of Master of Management subjects (50 points of which must be core subjects).

Last updated: 20 April 2025