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Accounting and Finance
COURSES OFFERED
- Doctor of Philosophy
- Honours Master of Arts by Coursework or Research
- Honours Master of Commerce by Coursework or Research
in Accountancy and Finance
- Master of Commerce in Accountancy and Finance
- Master of Banking
- Graduate Diploma in Commerce
- Graduate Certificate in Banking and Finance
CURRENT RESEARCH AREAS
The following areas of research are available to candidates
undertaking the Honours Masters degrees and the Doctor of
Philosophy degree:
- Accounting and information systems
- Accounting and EDI
- Auditing
- Controllership
- Critical accounting theory
- External financial reporting
- Finance
- Government and not-for-profit accounting
- History of accounting thought
- International accounting & finance
- Management accounting
- Small business management
DOCTOR OF PHILOSOPHY
Candidates with good Masters or Honours degrees, Class 2 Division
II or the equivalent can apply to undertake a Doctor of Philosophy.
Full time study of a minimum of three years is normally required
or the equivalent in part-time study. Candidates would be
expected to work under supervision on problems related to
the Department's research areas and may be required to attend
coursework classes in order to develop skills necessary for
their doctoral research. Candidates for this degree enrol
in ACCY996.
HONOURS MASTER OF ARTS
(a) Candidates who have completed at an acceptable standard
the requirements for the award of the Bachelor of Arts(Honours)
in Accounting and Finance, Economics or Management at a standard
of Class II, Division 2 or higher, or an equivalent degree,
may qualify for the award of the MA(Honours) degree by completing
at honours standard the accountancy or finance course of study
as set out for the Honours Master of Commerce degree.
(b) Candidates who have completed the requirements for the Bachelor
of Arts degree at a standard less than Class II, Division 2,
or equivalent degree, may, subject to the attainment of a satisfactory
standard in that degree, be permitted to register as candidates
for the MA(Honours) degree. Such candidates may qualify for
the award of the degree by completing at honours standard subjects
aggregating not less than 96 credit points of which subjects
aggregating not less than 48 credit points shall be selected
from the accountancy or finance course of study as set out for
the Master of Commerce degree.
HONOURS MASTER
OF COMMERCE (ACCOUNTANCY)
This degree is primarily a research degree for those who have
completed a bachelors honours at a standard of Class II, Division
2 or higher in accounting. Candidates who have completed a masters
degree (for example those described below) may be admitted to
the program. The degree is normally 48 credit points and may
be studied full-time over one year or may be studied part-time.
In special circumstances candidates will be admitted to a 96
credit point program with the first 48 credit points normally
comprising the subjects studied in the Master of Commerce programs.
(a) Candidates who have completed the requirements for the award
of the Bachelor of Commerce(Honours) in Accounting, Economics
or Management at a standard of Class II, Division 2 or higher,
or an equivalent degree, may qualify for the award of the Master
of Commerce(Honours) degree by completing at honours standard
the accountancy or finance course of study as set out below.
(b) A candidate may not include for this degree subjects similar
in content to subjects included in the honours part of the undergraduate
course.
(c) Candidates required to undertake a preliminary program or
required to complete designated subjects at an appropriate standard
in accordance with Clause 501(3) of the Honours Masters Degree
Rules may have their enrolment cancelled in the event that the
preliminary program or designated subjects is not completed
at the appropriate standard.
The standard program of study is composed of either:
(i) 12 credit points of coursework, ACCY993 Research Essay and
ACCY995 Research Project or
(ii) a 48 credit point thesis.
Where coursework is included it will comprise ACCY903 Accounting
Theory (six credit points) and one of the six (6) credit point
subjects from the list below. Where ACCY903 has already been
studied (as part of the M Com above), two subjects from the
list can be selected.
| ACCY907 |
Empirical Research Methods |
| ACCY943 |
Auditing and Accounting Information Systems |
| ACCY973 |
History of Accounting Thought |
HONOURS MASTER OF COMMERCE (FINANCE)
This degree is primarily a research degree for those who have
completed a bachelors honours at a standard of Class II, Division
2 or higher in accounting. Candidates who have completed a masters
degree (for example those described below) may be admitted to
the program. The degree is normally 48 credit points and may
be studied full-time over one year or may be studied part-time.
In special circumstances candidates will be admitted to a 96
credit point program with the first 48 credit points normally
comprising the subjects studied in the Master of Commerce programs.
(a) Candidates who have completed the requirements for the award
of the Bachelor of Commerce(Honours) in Accounting, Economics
or Management at a standard of Class II, Division 2 or higher,
or an equivalent degree, may qualify for the award of the Master
of Commerce(Honours) degree by completing at honours standard
the accountancy or finance course of study as set out below.
(b) A candidate may not include for this degree subjects similar
in content to subjects included in the honours part of the undergraduate
course.
(c) Candidates required to undertake a preliminary program or
required to complete designated subjects at an appropriate standard
in accordance with Clause 501(3) of the Honours Masters Degree
Rules may have their enrolment cancelled in the event that the
preliminary program or designated subjects is not completed
at the appropriate standard.
The standard program of study is composed of either:
(i) 12 credit points of coursework, ACCY993 Research Essay and
ACCY995 Research Project or
(ii) a 48 credit point thesis.
Where coursework is included the 12 credit points can be selected
from the following subjects:
MASTER OF COMMERCE (ACCOUNTANCY)
The purpose of this pass degree is to provide graduate students,
who have completed the accountancy specialisation for the Bachelor
of Commerce degree, with the opportunity of further in-depth
study of advanced topics in accounting. The degree of 48 credit
points may be studied full-time over one year, or may be studied
part-time. Candidates may qualify for the Master of Commerce
degree by completing the accountancy course of study as set
out below.
Candidates who do not have a specialisation in Accountancy and
wish to complete an accounting program may be permitted to study
for the degree provided that they include the undergraduate
accountancy subjects amounting to 24 credit points, recommended
by the Head of the Department; thus the total credit points
required for these candidates is 72.
Members of not less than five years standing of the Australian
Society of CPA's or the Institute of Chartered Accountants in
Australia with appropriate experience are permitted to enrol
for the degree even though they do not hold an undergraduate
degree; such candidates will be required to pass subjects aggregating
72 credit points.
With permission of the Head of Department of Accounting and
Finance it is possible for students to substitute for the subjects
listed above ACCY985 Special Topic in Accounting A or ACCY986
Special Topic in Accounting B and up to three subjects offered
in the M Com (Finance) specialisation.
MASTER OF COMMERCE (FINANCE)
The purpose of this pass degree is to provide graduate students,
who have completed the finance specialisation for the Bachelor
of Commerce degree, with the opportunity of further in-depth
study of advanced topics in finance. The degree of 48 credit
points may be studied full-time over one year, or may be studied
part-time. Candidates may qualify for the Master of Commerce
degree by completing the finance course of study.
Members of not less than five years standing of the Australian
Society of CPA's or the Institute of Chartered Accountants in
Australia with appropriate experience are permitted to enrol
for the degree even though they do not hold an undergraduate
degree; such candidates will be required to pass subjects aggregating
72 credit points.
| ACCY921 |
Managerial Finance* |
| ACCY922 |
Investment Analysis |
| ACCY923 |
Investment Management |
| ACCY924 |
Corporate Financial Information Analysis |
| ACCY925 |
Banking Theory and Practice |
| ACCY926 |
Studies in Business Finance |
| ACCY927 |
Small Business Finance |
| ACCY928 |
Multinational Financial Management |
| ACCY929 |
Risk, Development and Venture Capital |
With the permission of the Head of the Department of Accounting
and Finance it is possible for students to substitute for the
subjects listed above up to three of the subjects offered in
the Master of Commerce (Accountancy) specialisation.
*ACCY921 is available only to students who have no previous
finance studies. Students who are not permitted to enrol in
ACCY921 can select ACCY987 Special Topic in Finance. Students
who have completed a finance specialisation undergraduate degree
are recommended to not include ACCY922 Investment Analysis in
their program.
GRADUATE DIPLOMA IN COMMERCE
In accordance with the general regulations governing graduate
diplomas, candidates for the Graduate Diploma in Commerce must
have been admitted to the degree of Bachelor in the University
or other approved institution. In special circumstances a professional
person holding a tertiary qualification (for example, an experienced
accountant with the Commerce (Accounting Procedures) Certificate)
may be permitted to enrol. The main requirement is that subjects
aggregating not less than 30 credit points of the 48 necessary
for the Graduate Diploma are to be obtained from 200-level and/or
300-level subjects offered by the Accounting and Finance Department.
The Graduate Diploma requires one year full-time study or part-time
equivalent.
The Graduate Diploma serves a wide variety of interests. On
the one hand Science or Engineering graduates may study first
the second year accounting or take, say, Management Accounting
to third year, and on the other hand, Accountancy students may
specialise further for professional purposes.
Specific requirements for the Graduate Diploma are:
1. not less than 30 credit points (of the minimum required of
48) are to be obtained from 200-level and/or 300-level subjects
offered by the Department of Accounting and Finance;
2. with the approval of the Head of the Department of Accounting
and Finance subjects may be selected from 900-level subjects
offered by the Department of Accounting and Finance. (Any subjects
selected under this clause may be included in the 30 credit
points required under 1.); and
3. the whole course for the diploma is to be approved by the
Head of the Department of Accounting and Finance as providing
a coherent course of study.
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