Accounting & Finance courses

About Master Of Accounting And Financial Management in La Trobe University

Open doors with a degree in accounting and financial management.

La Trobe's Master of Accounting and Financial Management develops your ability to apply accounting and finance concepts to a range of business environments. You'll gain qualifications in both accounting and financial management and broaden your employment opportunities. It's an ideal course if you have an undergraduate degree without an accounting and financial management major and want to gain entry into professional accounting associations.

You'll learn:

Management and corporate accounting

Understand management accounting practices in organisations and how they comply with Financial Reporting Standards.

Auditing

Understand the nature and purpose of auditing.

Investigate the responsibilities of auditors in reporting quality information to stakeholders.

Financial management

Gain a thorough knowledge of a firm's short and long-term investment decisions.

Financial accounting information systems

Examine computerized accounting processes in the context of expenditure, revenue and production cycles.

Business and finance statistics

Develop quantitative skills to analyse problems in accounting, business and finance.

Commercial law

Explore some of the core principles of contract law, consumer protection and negligence.

Economics

Learn a variety of economic concepts and how they're applied in real-world business and policy-making.

The qualification awarded on graduation is recognised in the Australian Qualifications Framework (AQF) as Level 9.

Career Outcomes

Skilled accounting and financial management professionals can find employment in a variety of roles that include:

Financial accountant

Analyse and prepare the accounting records and financial statements of businesses to ensure consistency with reporting standards.

Management accountant

Gather financial and non-financial data to assist with organisational decision-making and performance management.

Auditor

Perform audits and provide an opinion on the accuracy of the company's financial statements.

Financial manager

Provide management with financial advice and prepare business and budget plans.

Financial planner

Prepare plans for improving clients' personal and business finances.

Financial plans can include cash flow management, retirement planning, and investment planning and financial risk management.

Professional recognition

The Master of Accounting and Financial Management is accredited by CPA Australia, Chartered Accountants Australia and New Zealand (CAANZ), and the Chartered Institute of Management Accountants (CIMA). Students are required to complete specific subjects in order to graduate with the CAANZ accredited qualification, please refer to the Handbook for further details. Professional registration may require an application to the professional body and may have additional or ongoing requirements beyond the completion of the degree. Please contact the relevant professional body for details.

Graduates of the Master of Accounting and Financial Management may also apply for membership with Institute of Public Accountants (IPA) and the Association of Chartered Certified Accountants (ACCA). Membership may be subject to additional or ongoing requirements beyond completion of the degree. Please contact the relevant professional body for details.

The minimum entry requirement is successful completion of an Australian Bachelor degree (or its equivalent). Prior learning developed through relevant work experience or professional accreditation, where it is deemed to be at least equivalent to that obtained through a Bachelor degree, may be considered. In making an offer to an applicant, the University will give consideration to a range of factors to determine whether an applicant has demonstrated the capacity to work at a Master's level, including academic record, English proficiency, and/or employment experience. (Optional) The Bachelor degree (or equivalent) must be deemed cognate to gain entry to a 1.5 year Master degree, otherwise, the applicant will be considered for a 2 year Master degree program.

English language requirements

IELTS (Academic) - Overall score of 6.5 with no band less than 6.0; TOEFL Paper based - Overall score of 575 with 5 or better in TWE (Test of Written English); TOEFL Internet based (iBT) - Overall 79 with 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing; Pearson Test of English (Academic) (PTE) - Overall score of 58 with no communicative skill score less than 50; Cambridge Certificate of Advanced English (CAE) - 176 with no less than 169 in any component; Cambridge Certificate of Proficiency in English (CPE) - 176 with no less than 169 in any component.

La Trobe University Highlights

An estimate of cost of living in Australia for international students is mentioned below:

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