Master of Professional Accounting

The two-year Master of Professional Accounting is suitable if you have an undergraduate degree without an accounting major. This degree helps you develop your understanding of accounting, economics, management and related areas. It is a suitable course for people interested in changing their career paths or broadening the options in their existing field in, for example, engineering, medicine, science or the arts.

We are partnered with CPA, ICAA and the Globally Responsible Leadership Initiative and is a signatory to the United Nations' Principles of Responsible Management Education. These partnerships, education and research commitments ensure we offer a highly regarded, global perspective on business and finance.

Opportunities to study overseas include student exchange programs with our partner universities in over 30 countries, including the University of Innsbruck, Copenhagen Business School, the Berlin School of Economics or France's BEM Management School.

You'll be eligible for membership to professional bodies like CPA Australia, Institute of Chartered Accountants Australia (ICAA), Institute of Public Accountants (IPA), and London's Association of Chartered Certified Accountants (ACCA). Completion of the Master program includes entry to the Professional Year of the Institute of Chartered Accountants in Australia. This 12-month program offers extended practical skills and training, with networking opportunities and includes an internship. The professional year can be done overseas.

Course information

Campus

Duration

  • 2 years full time or up to four years part time.
  • Part time study is not available to international students.

Delivery

  • Seminars and lectures during business hours

Fees

Australian students:

  • $21,800 annual fee based on 120 credit points (indicative course fee for students starting in 2014).
  • You may be eligible for FEE-HELP, an Australian Government no-interest loan for university fees.

International students:

The complete course is 240 credit points.

Entry requirements

  • Australian Bachelor's degree in any discipline (or international equivalent).
  • If you don't have a previous degree you may be considered if you have more than five years of relevant work experience.
  • International students must also meet English language requirements: IELST 6.5 Find out more information.

Advanced standing may be offered for students with an undergraduate degree in a business-related field.

If you don't have a related qualification, you can study foundation subjects over summer to get a head start on your Master's degree. Find out more. 

Career outcomes

By adding this Master's qualification to your existing degree, you'll be able to move into accounting roles in a range of fields, from health and sports management and construction and engineering to working in community and arts organisations.

Past graduates have worked at:

  • Ernst & Young as a tax analyst

This degree equips you for careers in:

  • Business management
  • Auditing
  • Governance

It also prepares you for roles including:

  • Investment analyst
  • Business consultant
  • Investment strategist

Course content

This Master's degree by coursework covers subjects required for graduates to be accredited with CPA Australia, ICAA, IPA and ACCA over two years of full time study.

In this two year course, you'll undertake 16 compulsory core subjects in accounting, business and finance and, including four compulsory level 5 elective subjects from the School of Business.

Core subjects:

  • Management and Marketing of Sustainable Value Creation
  • Accounting and Finance for Sustainable Value Creation
  • Principles of Economics
  • Statistics for Business and Finance
  • Accounting for managers
  • Financial Management
  • Financial Accounting Information Systems
  • Company and Commercial Law
  • Management and Cost Reporting
  • Corporate Reporting
  • Accounting and Assurance Services
  • Advanced Accounting Issues

Elective subjects

Four Level 5 elective subjects from the La Trobe Business School. Options include:

  • Accounting for Managers
  • Advanced Auditing and Assurance Services
  • Islamic Banking
  • Portfolio Management
  • Governance in a Globalising World
  • International Business
  • Marketing Management
  • Customer Relationship Management
  • Applied Market Research.

For full details, see the handbook. Once you've chosen your subjects, you can see your provisional timetable.

Industry connections

Our Department of Accounting has strong links with professional bodies and the business community. Our Accounting Advisory Board comprises of senior staff from Deloitte, PricewaterhouseCoopers, Australia Post, ANZ Bank, the Victorian Auditor‑General's Office and Hayes Knight Melbourne. The Board advises on curriculum and other activities. Senior members of the business community also present regular guest lectures for many of our subjects, providing you with practical insights into our discipline

We have partnerships with professional finance and accounting bodies, including the CPA, ICAA, Chartered Financial Analyst (CFA) and the Globally Responsible Leadership Initiative.

Featured staff

Dr Bret W Slade

Dr Slade teaches about strategic management, organisational change and business research methods. He has been a consultant for organisational restructures and management strategy for a wide variety of clients around the world. He has worked with emergency services, law enforcement and financial bodies to improve senior management teamwork using specialised computer-based and simulation activities. Dr Slade's areas of research interest include managerial psychology and decision science, and organisational, psychological and cultural change. His published works include Crisis Decision Making, two chapters of Entrepreneurial Courage, Audacity and Genius and numerous journal articles.

Professor Kamran Ahmed

Professor Ahmed teaches research methods, advanced financial accounting, international accounting and issues in financial reporting at the La Trobe School of Business. His career includes positions at the University of Wellington, New Zealand, the University of New England and University of Houston (USA) and Australian National University. Professor Ahmed's research specialities cover a range of interests, including corporate disclosure, the harmonisation of international accounting and microfinance reporting. He has also published articles in a wide variety of finance journals, and serves on the editorial board of the International Journal of Accounting, the Journal of Accounting and Organisational Change and Research in Accounting in Emerging Economies, among others.