<section id="about" class="Layout_jumptarget__Qer8F">
<article class="Details_Text__Tbn8A Details_English__7qQfe">
<p>Bring your accounting expertise into sharper focus with a Master of Accounting.</p>
<p>In this degree you&rsquo;ll gain advanced accounting knowledge and expand on the expertise acquired throughout your undergraduate studies, which will help you take the next step in your accounting career.</p>
<p>You&rsquo;ll develop key skills across specialist fields of practice, ranging from accounting information systems and financial accounting, to forensic accounting, auditing and management accounting. You&rsquo;ll also combine high-level research with practical experience and cover the latest applications to further expand your accounting expertise and boost your career potential.</p>
<p>The course also offers you a fast-track route to complete your professional recognition with the Chartered Institute of Management Accountants (CIMA).</p>
</article>
<article class="Details_Text__Tbn8A Details_English__7qQfe">
<p>If your undergraduate degree has inspired you to take your study further and gain advanced knowledge and expertise across the field of accounting, this is your opportunity.</p>
<p>In the Master of Accounting, you&rsquo;ll gain the skills to successfully operate as a specialist in the accounting profession. You&rsquo;ll also combine research with practical experience, and cover the latest applications to further develop your accounting expertise.</p>
<p><strong>Accreditation and professional recognition</strong><br />The Monash-CIMA collaboration provides a fast track route to acquire both a Master of Accounting and the Chartered Institute<br />of Management Accountants (CIMA) professional qualification at the same time. To do this, you just need to choose the three<br />CIMA pathway units as your electives in Part C (one unit is already a required unit in Part B).</p>
<p>By doing this, you may be eligible for exemptions from all CIMA papers, except the Strategic Case Study. After passing the Strategic Case Study exam, you will only need to submit three years&rsquo; practical experience to apply for CIMA membership, and gain both the ACMA and CGMA designations.</p>
<section>
<div>
<div>
<div>
<div>
<p>Students have the option of doing a research pathway, work integrated learning, study abroad or units which offer credit towards some of the professional bodies." - Ralph Kober (Associate Professor, Department of Accounting)</p>
</div>
</div>
</div>
</div>
</section>
</article>
</section>
<section id="requirements" class="Layout_jumptarget__Qer8F">
<h3>Entry Requirements</h3>
<article class="Details_Text__Tbn8A Details_English__7qQfe">
<h4>Qualifications</h4>
<p>Depending on prior qualifications:</p>
<table>
<tbody>
<tr>
<td>
<p><strong>Entry level 1:<br />96 points to complete</strong><br /><strong>Duration: 2 years full-time,&nbsp;4 years part-time</strong></p>
</td>
<td>
<p>An Australian bachelor degree or an equivalent qualification with a major in accounting and achieved a Weighted Average Mark (WAM) of 65 or an equivalent Grade Point Average (GPA).</p>
<p>Admission is competitive and applicants will be ranked and selected based on their entire academic record.</p>
</td>
</tr>
<tr>
<td>
<p><strong>Entry level 2:<br />72 points to complete</strong><br /><strong>Duration: 1.5 years full-time, 3 years part-time</strong></p>
</td>
<td>
<p>Applicants must meet the requirements for admission at entry level 1 and have completed a qualification which satisfies the educational requirements for entry to one of the following professional accounting programs or a recognised professional accounting program approved by the faculty;</p>
<ul>
<li>Chartered Accountants Program of Chartered Accountants Australia and New Zealand (CA ANZ)</li>
<li>CPA Program of CPA Australia</li>
<li>IPA Program of the Institute of Public Accountants (IPA)</li>
<li>Professional Level of the Association of Chartered Certified Accountants (ACCA)</li>
</ul>
</td>
</tr>
<tr>
<td>
<p><strong>Entry level 3:<br />48 points to complete</strong><br /><strong>Duration: 1 year full-time,&nbsp;&nbsp;2 years part-time</strong></p>
</td>
<td>
<p>Applicants must meet the requirements for admission at entry level 1 and have completed an Australian graduate certificate in accounting (or equivalent).</p>
<p>OR</p>
<p>Applicants must meet the requirements for admission at entry level 1 and have completed a one-year honours degree in accounting (or equivalent) having achieved at least a second class division A (or equivalent).</p>
<p>OR</p>
<p>Applicants must meet the requirements for admission at entry level 1 and have completed one of the following, or a recognised professional accounting program approved by the:</p>
<ul>
<li>Practical Experience Program of CA ANZ</li>
<li>CPA Program including the Your Experience requirements</li>
<li>Mentored Experience Program (MEP) of the IPA</li>
<li>Professional ACCA Qualification including the Practical Experience Requirements (PER)</li>
<li>Chartered Institute of Management Accountants (CIMA) Professional qualification, which entities use of the Chartered Global Management Accountant (CGMA) designation.</li>
</ul>
</td>
</tr>
</tbody>
</table>
<h4>English entry requirements</h4>
<div>
<h5>Level A</h5>
<table>
<tbody>
<tr>
<td><strong>IELTS (Academic)</strong>: 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0</td>
<td><strong>Pearson Test of English (Academic)</strong>: 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50</td>
<td><strong>TOEFL Internet-based test</strong>: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21</td>
<td>Equivalent approved&nbsp;English test</td>
</tr>
</tbody>
</table>
</div>
<h4>University entrance requirements</h4>
<p>Minimum entrance requirements for admission to Monash University Australia.</p>
</article>
<h3>English Program Requirements</h3>
<article class="Details_Text__Tbn8A Details_English__7qQfe">You can meet English entry requirements if you have completed an English subject in your prior secondary studies that is equivalent to an Australian Year 12 level (score requirements also apply). Acceptable English subjects for international qualifications are detailed in the prerequisite subject requirements section below. Other English subjects may be accepted and are assessed on a case by case basis.</article>
<h3>English Requirements</h3>
<ul>
<li>Min<span>&nbsp;</span><b>IELTS</b><span>&nbsp;</span>:<span>&nbsp;</span>7</li>
<li>Min&nbsp;<b>TOEFL</b>:&nbsp;94</li>
</ul>
</section>
<section id="fee-information" class="Layout_jumptarget__Qer8F"></section>

Bring your accounting expertise into sharper focus with a Master of Accounting.

Accounting

<p class="introduction">When it comes to choosing a university, there&rsquo;s a lot to consider. By choosing Monash, you can be sure you&rsquo;ve taken your first step to a successful career.</p>
<p>The quality of our teaching and exceptional facilities are just two of the many reasons we&rsquo;re consistently ranked in the top 100 universities in the world.</p>
<p>You&rsquo;ll also benefit from the extra choices that come with studying at Australia&rsquo;s largest university.&nbsp;We have more courses, more study options, more research projects, and more international exchanges, giving you a broader education that will set you apart from your peers.</p>
<p>We&rsquo;re truly international too. With students from over 170 countries, and a presence in Australia, Italy, Malaysia, India, South Africa and China, you&rsquo;ll benefit from a truly global education.</p>
<p>The thing that is most special about Monash is our desire to make a difference. You&rsquo;ll leave with a greater sense of purpose, a global outlook, and the skills and confidence to make a positive change &ndash; to your own life, and to the lives of those around you.</p>

Postgraduate

Undergraduate

Learn more about Monash University. Find undergraduate and postgraduate courses in Monash University

Monash University

<p><span>Victoria is a state in southeast Australia. It encompasses mountains, national parks, wineries and surfing beaches. Melbourne, the state capital, has a warren of 19th-century &lsquo;laneways&rsquo;, and a central arts precinct. The Great Ocean Road follows the coast west to Port Campbell National Park, where the Twelve Apostles are limestone stacks on the edge of the ocean.</span><span><span class="eHaQD">&nbsp;</span></span></p>

Victoria

<section id="about" class="Layout_jumptarget__Qer8F">
<article class="Details_Text__Tbn8A Details_English__7qQfe">
<p>Develop advanced expertise in statistics, econometrics and mathematics with the industry-accredited Master of Actuarial Studies.</p>
<p>In the Master of Actuarial Studies you will develop your proficiency in advanced analytical and mathematical systems &ndash; and learn to apply your knowledge in the complex worlds of economics, econometrics, business modelling and finance.</p>
<p>The course covers specific areas of actuarial practice, and includes exemptions for Parts I and II of subjects of the Institute of Actuaries of Australia. As part of the degree, you can choose a wide range of elective units, across the fields of econometrics, actuarial practice, economics, business modelling and finance, which will give you the flexibility to tailor the course to your personal interests and career goals.</p>
<p>The course gives you access to some of Australia's renowned actuarial educators and practising actuaries with extensive industry experience, to ensure your studies focus on current concepts and issues that are relevant to business today. You will also spend time growing as a business professional, enhancing your communication, leadership and judgement skills.</p>
</article>
<article class="Details_Text__Tbn8A Details_English__7qQfe">
<p>In the Master of Actuarial Studies you will acquire advanced expertise in statistics, econometrics, finance, economics and mathematics.</p>
<p>As well as developing essential mathematical skills, the course also focuses on developing your wider business awareness skills including, communication, critical thinking, actuarial judgement and professionalism.</p>
<p><strong>Accreditation and professional recognition</strong><br />You may also receive accreditation for Part I and Part II elements of the Actuaries Institute&rsquo;s professional examinations and you will be prepared for careers in the business and financial sectors, with a specific focus on actuarial and mathematical modelling and forecasting roles.</p>
<section>
<div>
<div>
<p>&ldquo;Monash is fully accredited by the Actuarial Institute and with the actuarial science major; it's really easy to get a job in my home country and in Asia.&rdquo; Erwin Wibowo (Actuarial Science)</p>
</div>
</div>
</section>
</article>
</section>
<section id="requirements" class="Layout_jumptarget__Qer8F">
<h3>Entry Requirements</h3>
<article class="Details_Text__Tbn8A Details_English__7qQfe">
<h4>Qualifications</h4>
<table>
<tbody>
<tr>
<td>
<p><strong>Entry level 1:<br />96 points to complete<br />Duration: 2 years full-time, 4 years part-time</strong></p>
</td>
<td>
<p>An Australian bachelor degree (or equivalent) with a Weighted Average Mark (WAM) of 65% or an equivalent GPA and must have passed an introductory statistics unit or equivalent and a 1st year Calculus or Algebra unit, or equivalent. Applicants will be ranked and selected based on their entire academic record.</p>
</td>
</tr>
<tr>
<td>
<p><strong>Entry level 2: 72 points to complete<br />Duration: 1.5 years full-time, 3 years part-time</strong></p>
</td>
<td>
<p>An Australian bachelor degree (or equivalent) and an Australian graduate certificate in a cognate discipline with a WAM of 65% in both qualifications or qualifications and experience approved by the faculty.</p>
</td>
</tr>
<tr>
<td>
<p><strong>Entry level 3: 60 points to complete<br />Duration: 1.5year full-time, 3 years part-time</strong></p>
</td>
<td>
<p>An Australian bachelor honours degree (or equivalent) in a cognate discipline with a WAM of 65% or qualifications and experience approved by the faculty.</p>
<p>Students should be aware that the granting of exemptions from particular subjects may affect their ability to complete the subjects required for the Actuaries Institute accreditation.</p>
</td>
</tr>
</tbody>
</table>
<h4>English entry requirements</h4>
<p></p>
<div>
<h5>Level A</h5>
<table>
<tbody>
<tr>
<td><strong>IELTS (Academic)</strong>: 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0</td>
<td><strong>Pearson Test of English (Academic)</strong>: 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50</td>
<td><strong>TOEFL Internet-based test</strong>: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21</td>
<td>Equivalent approved&nbsp;English test</td>
</tr>
</tbody>
</table>
</div>
<h4>University entrance requirements</h4>
<p>Minimum entrance requirements for admission to Monash University Australia.</p>
</article>
<h3>English Program Requirements</h3>
<article class="Details_Text__Tbn8A Details_English__7qQfe">You can meet English entry requirements if you have completed an English subject in your prior secondary studies that is equivalent to an Australian Year 12 level (score requirements also apply). Acceptable English subjects for international qualifications are detailed in the prerequisite subject requirements section below. Other English subjects may be accepted and are assessed on a case by case basis.</article>
<h3>English Requirements</h3>
<ul>
<li>Min&nbsp;<b>IELTS</b>:&nbsp;7</li>
<li>Min&nbsp;<b>TOEFL</b>:&nbsp;94</li>
</ul>
</section>
<section id="fee-information" class="Layout_jumptarget__Qer8F"></section>

Develop advanced expertise in statistics, econometrics and mathematics with the industry-accredited Master of Actuarial Studies.

Actuarial Studies

<section id="about" class="Layout_jumptarget__Qer8F">
<article class="Details_Text__Tbn8A Details_English__7qQfe">
<p>Help shape the global money markets with a Master of Advanced Finance.</p>
<p>The Master of Advanced Finance is for recent graduates or professionals already working in the finance industry. The course provides an opportunity to study the latest theories, practices and models that will shape the future of the sector.</p>
<p>As part of this degree, you will gain advanced insight into global financial markets, funds management, financial planning, money market dealing and business forecasting. Your studies will also have an ethics, environmental and corporate social responsibility focus.</p>
<p>The degree offers practical ways to apply your knowledge through the trading simulation programs run at Monash STARLab. You can also choose to undertake a research pathway, which can act as a pathway to a PhD.</p>
<p>The program is a CFA program partner of the CFA Institute, which awards the international Chartered Financial Analyst designation.</p>
</article>
<article class="Details_Text__Tbn8A Details_English__7qQfe">
<p>Our Master of Advanced Finance will give you insights into the industry, and can also be a research pathway into our competitive doctoral program for those wanting to pursue a PhD.</p>
<p>The study options within this degree offer a variety of distinct pathways, depending on your career aspirations. You can either undertake a master&rsquo;s coursework degree, with the chance to explore fintech, environmental finance and big data, or pursue a research pathway, which can lead to a PhD. You&rsquo;ll also learn from leading academics in the field of finance as well as industry experts.</p>
<p><strong>CFA Program Partner</strong><br />The Master of Advanced Finance covers specialist areas of finance and is a CFA Program Partner of the CFA Institute. As a result, if you also choose to undertake the expert pathway, this course will give you the expertise you need to propel your career, and bring you a step closer to earning CFA credentials.</p>
</article>
</section>
<section id="requirements" class="Layout_jumptarget__Qer8F">
<h3>Entry Requirements</h3>
<article class="Details_Text__Tbn8A Details_English__7qQfe">
<h4>Qualifications</h4>
<table>
<tbody>
<tr>
<td>
<p><strong>Entry level 1:<br />96 points to complete<br />Duration: 2 years full-time, 4 years part-time</strong></p>
</td>
<td>
<p>An Australian bachelor degree with a major in finance; or an Australian bachelor degree with significant work experience in the finance industry; or an equivalent qualification. Applicants will be ranked accordingly based on their entire academic record, and a Weighted Average Mark (WAM) of 65 is preferred.</p>
<p>Students wishing to undertake the research pathway must maintain at least a WAM of 80 and be accepted for entry by the Course Coordinator and the Higher Degrees Research Director.</p>
</td>
</tr>
<tr>
<td>
<p><strong>Entry level 2:<br />48 points to complete<br />Duration: 1 year full-time, 2 years part-time</strong></p>
</td>
<td>
<p>An Australian undergraduate honours degree (or equivalent) in a cognate discipline with a WAM of 65, or equivalent qualification and&nbsp;experience approved by the faculty which has not been used as a basis for entry.</p>
</td>
</tr>
</tbody>
</table>
<h4>English entry requirements</h4>
<div>
<h5>Level A</h5>
<table>
<tbody>
<tr>
<td><strong>IELTS (Academic)</strong>: 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0</td>
<td><strong>Pearson Test of English (Academic)</strong>: 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50</td>
<td><strong>TOEFL Internet-based test</strong>: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21</td>
<td>Equivalent approved&nbsp;English test</td>
</tr>
</tbody>
</table>
</div>
<h4>University entrance requirements</h4>
<p>Minimum entrance requirements for admission to Monash University Australia.</p>
</article>
<h3>English Program Requirements</h3>
<article class="Details_Text__Tbn8A Details_English__7qQfe">You can meet English entry requirements if you have completed an English subject in your prior secondary studies that is equivalent to an Australian Year 12 level (score requirements also apply). Acceptable English subjects for international qualifications are detailed in the prerequisite subject requirements section below. Other English subjects may be accepted and are assessed on a case by case basis.</article>
<h3>English Requirements</h3>
<ul>
<li>Min&nbsp;<b>IELTS</b>:&nbsp;7</li>
<li>Min&nbsp;<b>TOEFL</b>:&nbsp;94</li>
</ul>
</section>
<section id="fee-information" class="Layout_jumptarget__Qer8F"></section>

The Master of Advanced Finance is for recent graduates or professionals already working in the finance industry. The course provides an opportunity to study the latest theories, practices and models that will shape the future of the sector.

Postgraduate Courses in Monash University

Monash University

Filter

Accounting

Actuarial Studies

Advanced Finance