Master of Professional Accounting

18 Months On Campus Masters Program

Deakin University

Program Overview

The Master of Professional Accounting at Deakin University is designed for individuals looking to advance their careers in the accounting field, whether they are new to the discipline or seeking to enhance their existing knowledge. This program offers a comprehensive curriculum that combines theoretical knowledge with practical skills, preparing students for a successful career in various accounting roles.

Curriculum Structure:

In the first year, students will dive into foundational concepts with units such as "Accounting Principles" and "Business Law," which provide essential knowledge of financial reporting and the legal environment of business. Additionally, the "Financial Accounting" unit will equip students with the skills to prepare and analyze financial statements, setting a solid groundwork for their accounting expertise.

The second year builds on this foundation with more advanced topics, including "Management Accounting" and "Corporate Finance." Here, students will learn how to use accounting information for internal decision-making and gain insights into financial management practices that drive business success. The "Auditing" unit will also introduce students to the principles and practices of auditing, preparing them for critical roles in ensuring the integrity of financial information.

Focus Areas: Financial Reporting, Management Accounting, Auditing, Taxation, Corporate Finance

Learning Outcomes: Proficiency in financial reporting, analytical skills for decision-making, understanding of taxation and auditing processes, and the ability to apply accounting principles in real-world contexts.

Professional Alignment (Accreditation): The program is accredited by CPA Australia and Chartered Accountants Australia and New Zealand (CA ANZ), ensuring that graduates meet the professional standards required for a successful career in accounting.

Reputation (Employability Rankings): Deakin University consistently ranks highly in employability, with QS World University Rankings placing it among the top universities for graduate employability.

Experiential Learning (Research, Projects, Internships etc.)

At Deakin University, the Master of Professional Accounting program is designed to equip students with not just theoretical knowledge, but also practical skills that are essential for a successful career in accounting. The program emphasizes experiential learning, allowing students to engage in real-world projects, collaborate with peers, and utilize state-of-the-art facilities and tools. This hands-on approach ensures that graduates are well-prepared to meet the demands of the accounting profession.

Here are some key features of the experiential learning opportunities available in the Master of Professional Accounting program:

- Industry-Standard Software: Students gain proficiency in leading accounting software such as MYOB, Xero, and SAP, which are widely used in the industry.
- Group Projects: Collaborative projects simulate real-world accounting scenarios, fostering teamwork and communication skills essential for professional success.
- Internship Opportunities: The program offers pathways to internships with reputable firms, providing invaluable work experience and networking opportunities.
- Digital Tools: Access to advanced digital tools and platforms enhances learning and prepares students for the digital transformation in accounting.
- Field Trips: Students have the chance to visit local businesses and accounting firms, gaining insights into the industry and its practices.
- Research Laboratories: Dedicated spaces for research allow students to engage in innovative projects and explore contemporary issues in accounting.
- Libraries and Resources: Deakin’s libraries are equipped with extensive resources, including databases and journals specific to accounting and finance.
- Deakin Business School Facilities: The university boasts modern facilities designed for collaborative learning, including study spaces and technology hubs.

Progression & Future Opportunities

Graduating with a Master of Professional Accounting from Deakin University opens up a world of opportunities in the finance and accounting sectors. Our graduates are well-prepared for roles such as Financial Analyst, Management Accountant, and Auditor, among others. With a strong emphasis on practical skills and industry relevance, you’ll be equipped to thrive in a competitive job market.

Here’s what you can expect from your journey at Deakin:

- University Services: Deakin offers dedicated career services, including resume workshops, interview preparation, and networking events with industry professionals, ensuring you are job-ready upon graduation.
- Employment Stats and Salary Figures: According to recent data, 90% of Deakin graduates find employment within four months of completing their degree, with starting salaries averaging around $70,000 per year for accounting professionals.
- University–Industry Partnerships: Deakin has established strong partnerships with leading firms such as Deloitte and KPMG, providing students with internship opportunities and real-world experience that enhances employability.
- Long-term Accreditation Value: The Master of Professional Accounting is accredited by CPA Australia and CA ANZ, which means your qualification will be recognized globally, giving you a competitive edge in the job market.
- Graduation Outcomes: Our graduates are not only successful in securing jobs but also report high levels of job satisfaction and career progression, with many moving into senior management roles within a few years.

Further Academic Progression: After completing your Master of Professional Accounting, you may choose to further enhance your qualifications by pursuing a PhD in Accounting or a related field. Additionally, you can consider obtaining professional certifications such as CPA or CA, which can significantly boost your career prospects and earning potential. Deakin also offers various postgraduate courses that allow you to specialize further or pivot into related areas of business and finance.