Accounting and Finance
COURSES OFFERED
- Doctor of Philosophy
- Master of Accountancy - Research
- Master of Finance - Research
- Master of Accountancy
- Master of Finance
- Master of Applied Finance (Banking)
- Master of Professional Accounting
- Graduate Diploma in Commerce
- Graduate Certificate in Banking and Finance
CURRENT RESEARCH AREAS
The following areas of research are available to candidates
undertaking the Masters by Research 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.
MASTER OF ACCOUNTANCY - RESEARCH
The Master of Accountancy - Research is a 72 credit point degree, comprising
24 credit points of coursework and a 48 credit point thesis.
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, economics, finance or management.
The degree is 72 credit points and may be studied full-time over one
and one half years or may be studied part-time.
Candidates who have completed a coursework masters degree at an appropriate
standard may be admitted to the program.
Advanced Standing of up to 24 credit points may be awarded for the coursework
component of this degree to students who have completed research related
subjects at an appropriate standard as assessed by the Head of Department.
A candidate may not undertake subjects for this degree which are similar
in content to subjects included in their honours or masters course.
Compulsory Coursework subjects
| ACCY903 |
Theoretical Foundations of Research |
6 |
| ACCY907 |
Empirical Research Methods |
6 |
Electives
12 credit points from the 900 level subjects offered by the Department
of Accounting and Finance, provided those electives are appropriate to
the course of research the student intends to pursue. Subject selection
to be approved by the Head of Department.
Other coursework subjects may be substituted with the permission of the
Head of Department.
Thesis
MASTER OF FINANCE - RESEARCH
The Master of Finance - Research is a 72 credit point degree, comprising
24 credit points of coursework and a 48 credit point thesis.
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
accountancy, economics, finance or management. Students who do not have
an undergraduate honours degree at this standard or equivalent may be
permitted to study for the program.
The degree is 72 credit points and may be studied full-time over one
and one half years or may be studied part-time.
Candidates who have completed a coursework masters degree at an appropriate
standard may be admitted to the program.
Advanced Standing of up to 24 credit points may be awarded for the coursework
component of this degree to students who have completed research related
subjects at an appropriate standard as assessed by the Head of Department.
A candidate may not undertake subjects for this degree that are similar
in content to subjects included in their honours or masters course.
Compulsory Coursework subjects
| ACCY903 |
Theoretical Foundations of Research |
6 |
| ACCY907 |
Empirical Research Methods |
6 |
Electives
12 credit points from the 900 level subjects offered by the Department
of Accounting and Finance, provided those electives are appropriate to
the course of research the student intends to pursue. Subject selection
to be approved by the Head of Department.
Other coursework subjects may be substituted with the permission of the
Head of Department.
Thesis
MASTER OF ACCOUNTANCY
The purpose of this pass degree is to provide graduate students, who have
completed the accountancy major 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 Accountancy
degree by completing the course of study as set out below.
Candidates who do not have a major 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 CPA Australia 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.
| ACCY903 |
Theoretical Foundations of Research |
6 |
| ACCY904 |
Financial Accounting |
6 |
| ACCY905 |
International Accounting |
6 |
| ACCY913 |
Management Accounting |
6 |
| ACCY914 |
Management Planning and Control Systems |
6 |
| ACCY936 |
Management and Information Systems |
6 |
| ACCY968 |
Insolvencies |
6 |
| ACCY974 |
Accounting Regulation |
6 |
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
Master of Finance degree.
MASTER OF FINANCE
The purpose of this pass degree is to provide graduate students, who have
completed the finance major 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 Finance degree
by completing the course of study below.
Members of not less than five years standing of CPA Australia 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.
| ACCY901 |
Accounting for Managers |
6 |
| ACCY921 |
Managerial Finance* |
6 |
| ACCY922 |
Investment Analysis |
6 |
| ACCY923 |
Investment Management |
6 |
| ACCY924 |
Corporate Financial Information Analysis |
6 |
| ACCY925 |
Banking Theory and Practice |
6 |
| ACCY926 |
Studies in Business Finance |
6 |
| ACCY927 |
Small Business Finance |
6 |
| ACCY928 |
Multinational Financial Management |
6 |
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 Accountancy
degree.
Note: ACCY901 and ACCY921 must be taken in the first semester of commencement
in degree.
*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 or ECON 934 Advanced Financial Economics. Students
who have completed a finance major in their undergraduate degree are recommended
to not include ACCY922 Investment Analysis in their program.
MASTER OF APPLIED FINANCE (BANKING)
This degree has been developed to meet a demand in the banking and finance
sector for graduates as well as the need for a professional development
program. The program is accredited by the Australian Institute of Banking
and Finance (ABIF) and is therefore attractive to professionals working
in the banking and finance sectors. The program is also designed to meet
the needs of international students.
Candidates who have completed the requirements for a Bachelor of Commerce
degree in accountancy or finance will be permitted to enrol in the degree.
The degree of 48 credit points may be studied full-time over one year,
or may be studied part-time.
Program of Study
Candidates may qualify for the Master of Applied Finance (Banking) by
completing the following:
| ACCY922 |
Investment Analysis |
6 |
| ACCY923 |
Investment Management |
6 |
| ACCY925 |
Banking Theory and Practice |
6 |
| ACCY926 |
Studies in Business Finance |
6 |
| ACCY928 |
Multinational Financial Management |
6 |
| ACCY955 |
International Banking |
6 |
| ACCY956 |
Banking, Lending and Securities |
6 |
| LAW970 |
Banking and Financial Institutions Law |
6 |
MASTER OF PROFESSIONAL ACCOUNTING
The Master of Professional Accounting degree offers graduates in other
disciplines the opportunity to meet the admission requirements of the
accounting professional bodies, providing them with the necessary skills
to undertake the work of an accountant.
To gain entry to the program, candidates are required to have a degree
from a university recognised by the National Office of Overseas Skills
Recognition (NOOSR).
The course is designed to be taken over three semesters on a full-time
basis or six semesters on a part-time basis. The program consists of twelve
subjects totaling 72 credit points.
Program of Study
| ACCY901 |
Accounting for Managers |
6 |
| ACCY903 |
Theoretical Foundations of Research |
6 |
| ACCY908 |
Applied Financial Accounting |
6 |
| ACCY918 |
Applied Management Accounting |
6 |
| ACCY921 |
Managerial Finance |
6 |
| ACCY936 |
Management and Information Systems |
6 |
| ACCY961 |
Professional Practice - Accounting |
6 |
| ACCY962 |
Professional Practice - Auditing and EDP |
6 |
| ACCY963 |
Professional Practice - Taxation |
6 |
| ECON937 |
Graduate Microeconomics |
6 |
| ECON939 |
Quantitive Economic Analysis |
6 |
| LAW960 |
Legal Studies for Professionals |
6 |
GRADUATE DIPLOMA IN COMMERCE
(FINANCE or ACCOUNTANCY)
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.
GRADUATE CERTIFICATE IN BANKING AND FINANCE
This course is designed to meet the needs in the banking and finance
sector for professional and career development. The program has been accredited
by the Australian Institute of Banking and Finance (AIBF). The 24 credit
point course is offered part time. It may also be offered as a block by
flexible delivery, please check with the Department.
For admission to the Graduate Certificate candidates are required to
have completed a degree from a recognised tertiary institution. In special
circumstances, applicants, who do not have an undergraduate qualification
but can clearly demonstrate several years of senior management experience
in the banking industry, can apply to the Head of Department for consideration.
Program of Study
| ACCY925 |
Banking Theory and Practice |
6 |
| ACCY955 |
International Banking |
6 |
| ACCY956 |
Banking, Lending and Securities |
6 |
| Plus either |
| ACCY922 |
Investment Analysis |
6 |
| or |
| LAW970 |
Banking and Financial Institutions Law |
6 |
|