The Master of Management (Accounting and Finance) is suited to business/commerce graduates who wish to add accounting and finance to their portfolio.
Foundation and advanced levels of knowledge and skill in the disciplines of accounting and finance are developed through a combination of core and elective subjects which will prepare you for entry into either the finance or accounting professions.
We offer a comprehensive program to support your learning, develop your skills and enrich your degree in and out of the classroom.
The University of Melbourne is a participant in the University Affiliation Program of the CFA Institute, the global association for investment professionals that awards the prestigious CFA designation.
Requirements
Entry Requirements
Admission criteria
To be considered for entry into this course, you must:
Have completed an undergraduate degree (or equivalent) in accounting, finance, or a business/commerce degree with an accounting major/specialisation, OR
Have completed an undergraduate degree (or equivalent) with a minor sequence of study in both accounting and finance.
If you do not have a prior degree with the required study in accounting and/or finance, you are encouraged to consider the Master of Management (Accounting) instead.
Meeting the published entry requirements for this course does not guarantee selection.
You can use our graduate coursework grade conversion eligibility calculator to get an indication of whether you are eligible for this course based on your previous studies and Weighted Average Mark (WAM).
All applicants to the University of Melbourne must satisfy the English language requirements. This may be achieved in a number of ways, including recognised previous study taught and assessed entirely in English or an approved English language test. If you are from a non-English speaking background, the required standard of English for this degree is one of the following English proficiency test scores:
English language test score requirements
If you need to undertake an English language test, you must meet one of the scores* below:
IELTS
7.0
with no band less than 6.5
TOEFL
94+
with writing 24; speaking 20; reading 19; listening 20
PEARSON
72+
with written communicative skill of 65 and no other communicative skill below 64
CAMBRIDGE
185+
with no skill less than 176
*Accepted tests: IELTS (Academic English Only); TOEFL Internet-based test; Pearson Test of English Academic; Cambridge English: Advanced/Certificate of Advanced English (CAE). If a test displays N/A, it means it is not accepted for this course.
About selection
When assessing applications, the Selection Committee will consider your previous studies and academic performance.
The Selection Committee may request additional information to clarify any aspect of an application, according to the University’s Academic Board rules regarding selection instruments.
Meeting the published entry requirements for this course does not guarantee selection.
English Program Requirements
All applicants to the University of Melbourne must satisfy the English language requirements. This may be achieved in a number of ways, including recognised previous study taught and assessed entirely in English or an approved English language test. If you are from a non-English speaking background, the required standard of English for this degree is one of the following English proficiency test scores:
English language test score requirements
If you need to undertake an English language test, you must meet one of the scores* below:
IELTS
7.0
with no band less than 6.5
TOEFL
94+
with writing 24; speaking 20; reading 19; listening 20
PEARSON
72+
with written communicative skill of 65 and no other communicative skill below 64
CAMBRIDGE
185+
with no skill less than 176
*Accepted tests: IELTS (Academic English Only); TOEFL Internet-based test; Pearson Test of English Academic; Cambridge English: Advanced/Certificate of Advanced English (CAE). If a test displays N/A, it means it is not accepted for this course.
Career
Employment Outcomes
On graduating from this program, you may be employed in roles such as:
External Auditor, Deloitte & Touche Singapore
Taxation Accountant, KPMG Australia
China Management Trainee, Jardine Matheson
Financial Analyst, Schweppes Australia
Practical Skills
You will leave the degree with a number of essential skills, including the ability to:
Obtain, analyse, synthesise and evaluate evidence for management decision making in accounting and finance
Apply strategic and critical thinking in relation to business and commerce related issues and in developing solutions to problems in organisations and ins society
Be an effective decision maker in business and commerce
Melbourne Business School students are also offered the opportunity to develop their employability skills through our Skills Workshops.
Professional recognition
CFA Institute®
The University of Melbourne is a participant in the University Affiliation Program of the CFA Institute, the global association for investment professionals that awards the prestigious CFA designation. The Master of Management (Accounting and Finance) covers at least 70% of all three levels of the CFA program candidate body of knowledge (CBOK) topics, the CFA Institute ethical and professional standards, and other CFA program partner requirements. Recognition as a CFA Affiliated University signals to students, employers and the marketplace that the university curriculum is closely tied to professional practice and is well suited to preparing students to sit for the CFA exams.
As part of the affiliation, students in the Master of Management (Accounting and Finance) are eligible for scholarships, access to CFA Institute curriculums, journals, webcasts, and other educational resources.
CPA Australia and the Chartered Accountants Australia and New Zealand (CAANZ)
Through the appropriate selection of subjects students are able to meet the professional requirements of CPA Australia and the Chartered Accountants Australia and New Zealand (CAANZ).
Success Stories
Manela Gunawardena
Master of Management (Accounting and Finance)
Manela Gunawardena is now a Financial Services Coordinator with Discover Financial Partners in Melbourne. For Manela, studying at the No.1 university in Australia was important to her, as she knew Melbourne Business School graduates are highly sought after by global employers. Read more about Manela's time at MBS .
"On top of academic learning, I have been able to develop soft skills such as presenting, problem-solving mechanisms, ability to pay attention to detail, and research aptitude."