Master of Accounting (Professional) with the degree of Master of Commerce
View course for domestic students.
This award provides a pathway for university graduates in any discipline to acquire qualifications that are fully recognised by CPA Australia and the Institute of Chartered Accountants in Australia and then go on to study more advanced units in accounting and business.
- Study advanced subjects in accounting such as - Advanced Financial Reporting, Advanced Corporate Accounting, Management Control Systems, Information Systems in Business
- Our graduates consistently rank higher in grade results in the CPA program than non-Macquarie graduates and demonstrate the significant benefits of completing the professional program at Macquarie. We also place a strong emphasis on technical skills in the Master of Accounting (Professional)
- Offers breadth or depth of knowledge from business study units – develop your knowledge across a broad area of business and commerce
- Offers research skills and a research project and students will complete a capstone unit
|North Ryde (Sydney)|
|Session 1 (February), Session 2 (July)|
Minimum course duration
|2.5 years full-time|
Suited to a student with a Bachelor degree in any discipline who would like to complete the accounting units required for professional accreditation as well as other advanced accounting units.
This degree is not suitable for students who have completed an accounting degree with units equivalent to those required for associate membership of CPA Australia.
Fees quoted are the estimated payable fees for the relevant degree in 2015, based on a typical credit load calculation per academic session. An individual student's credit load may change in each academic session. The University reviews per credit point fees each year and fees may change year on year. For courses of more than one year in duration, students will pay the fee that is current for the year of enrolment. Students may incur other fees, charges and conditions for each session in which they enrol and are advised to check these with the University before enrolment. More information on tuition fees.
• Admission requirements vary depending on the specialisation chosen. Please refer to the relevant specialisation for details.
English Language Requirements
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
All applicants for undergraduate or postgraduate coursework studies at Macquarie University are required to provide evidence of proficiency in English.
For more information see English Language Requirements.
You may satisfy the English language requirements if you have completed:
- senior secondary studies equivalent to the NSW HSC
- one year of Australian or comparable tertiary study in a country of qualification
Work experience requirements
- A specialisation must be chosen at the time of application.
- Students seeking to specialise in Actuarial Studies, Business Management and Organisations, Economics, Human Resource Management or Marketing may be required to undertake additional units to meet the requirements of their specialisation. We recommend these students seek academic advice before enrolling in this program.
- Students specialising in Actuarial Studies can commence in Session 1 only
- Fee does not include CPA examination fees, which are paid directly to CPA Australia for six CPA program units. See cpaaustralia.com.au for current examination fees.
- Offers research skills and a research project as well as a capstone unit
What you will study
|General requirements||Credit Points|
|Minimum number of credit points||80|
|Minimum number of credit points at 600 level||16|
|Minimum number of credit points at 800 level or above||64|
|Completion of other specific minimum requirements as set out below|
Specific minimum requirements:
The following outlines the units (subjects) to be studied within this double master
Students undertaking this course can choose from the following Master of Commerce specialisations:
- Actuarial Studies
- Business Management and Organisations
- Corporate Governance
- Financial Crime and Governance
- Human Resource Management
Accredited with the Institute of Chartered Accountants in Australia and CPA Australia. The Master of Accounting (Professional) is recognised by the Institute of Chartered Accountants and CPA Australia. The units in this degree have been designed to meet the educational requirements of CPA Australia, ICAA and other international accounting bodies. The degree provides thorough preparation for the CPA or CA programs and is taught by highly qualified teaching staff many of whom have had first-hand experience with the CPA and CA programs. Accreditation of the double degree is yet to be formalised but is expected in the near future.
Graduates can find careers in accounting, taxation, financial planning, company secretarial and auditing.
- accounting and consulting firms
- business analyst firms
- financial institutions
- forensic accounting firms
- government organisations
- merchant bankers
- superannuation advisers
Average starting salary
Accounting graduates can expect competitive salaries that compare well to salaries within other fields. According to Graduate Careers Australia’ online June 2012, the median salary for accounting graduate is $56,500.
A recent survey by Perceptor* (2012) stated that Financial Accountants could earn between $80,000 – $110,000 and Management Accountants between $90,000 – $120,000.
Professor Chris Patel
Professor Patel has extensive university teaching experience and also acted as an adviser to Asian Development Bank, World Bank and World Health Organization. He has been a visiting scholar at graduate schools in the USA and Canada and has published extensively in professional and scholarly refereed journals including publications in journals ranked A* and A by ABDC or ERA.
In 2011 he was appointed by the Norwegian Government to the Research Council of Norway responsible for assessing the quality of research grant applications.
Professor Patel research program adopts a multi-disciplinary approach to provide theoretical, methodological and empirical evidence on various aspects of judgments of professional accountants across countries such as Australia, China, India, Malaysia and Japan.
New and Current Masters of Accounting Programs
Professor Philomena Leung - Head of Accounting and Corporate Governance Department speaks at the Postgrad Info Evening 2013