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Accounting and Finance

COURSES OFFERED

  1. Doctor of Philosophy
  2. Master of Accountancy - Research
  3. Master of Finance - Research
  4. Master of Accountancy
  5. Master of Finance
  6. Master of Applied Finance (Banking)
  7. Master of Professional Accounting
  8. Graduate Diploma in Commerce
  9. 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
ACCY996 Thesis 48



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
ACCY996 Thesis 48



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

 

 
 
 

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