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.
Management and corporate accounting
Understand management accounting practices in organisations and how they comply with Financial Reporting Standards.
Understand the nature and purpose of auditing.
Investigate the responsibilities of auditors in reporting quality information to stakeholders.
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.
Explore some of the core principles of contract law, consumer protection and negligence.
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.
Skilled accounting and financial management professionals can find employment in a variety of roles that include:
Analyse and prepare the accounting records and financial statements of businesses to ensure consistency with reporting standards.
Gather financial and non-financial data to assist with organisational decision-making and performance management.
Perform audits and provide an opinion on the accuracy of the company's financial statements.
Provide management with financial advice and prepare business and budget plans.
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.
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.
|University Type||Public Research|
|Student Ratio (females to males)||62:38|
|Graduate Employability Rate||86.6%|
|No. of Courses||104+|
|No. of International Students||28%|
|Cost of Attendance||20,746 USD – 27,662 USD (annually)|
|Applications Accepted||Online application/Printed application, by post|
|Intake Type||Semester Wise|
|Mode of Program||Full time; Part-time and Online|
|Category||Cost in AUD|
|Groceries and food||60-210|
|Phone and Internet||15-40|
|Tuition Fees in Australia (1st Year Average)||BE/Btech: AUD 29109 | MBA: AUD 35139 | MS: AUD 36803 | BBA: AUD 28693 | MEng: AUD 39298 | BSc: AUD 34307 | MIM: AUD 39298 | MFin: AUD 35347 | MArch: AUD 37218 | BHM: AUD 28693 | MIS: AUD 35347 | MEM: AUD 43040|
|Average Accomodation & Food Costs in Australia||AUD 1680 Per Month Approx|
|Entrance Exams in Australia||TOEFL: 77 | IELTS: 6.5 | PTE: 57 | GRE: 300 | GMAT: 600|
|Work and Study in Australia||Permitted for 20 hours/week with a valid study permit.|
|Post Study Work Permit in Australia||2 Year after graduation depending on the course.|
|Cost of Student Visa in Australia||AUD 620|
|Student Visa in Australia||The subclasses for the visa were reduced to two from the eight for convenience. The two visa subclasses are Subclass 500 (for students) and Subclass 590 (For Student Guardian).|
|Intakes in Australia||There are Two Main Intakes in Australia: February and July.|
|Top Job Sectors in Australia||Health Care and Social Assiastance, Construction, Education, Manufacturing, Public Administration and Safety, Transport & Logistics, etc.|
|Economy in Australia||1.7% (2019e) 2.3% (2020e), 10th Largest in the World by Nominal|
Tuition & fees :
Hostel & Meals :