Master of Professional Accounting

The Master of Professional Accounting at Victoria University is a two-year postgraduate degree for people who want to move into accounting, or who already work in finance and need a formal qualification. You study the core areas every professional accountant needs: financial accounting, management accounting, auditing, taxation, business law and corporate finance. Alongside those, you build the analytical and reporting skills that employers expect — reading a set of financial statements, applying accounting standards, preparing tax returns, and using accounting software.

Australian master's degrees are structured around units of study, each worth a set number of credit points. A full-time load is usually four units per semester, and you need to complete a set number of credit points to graduate. Victoria University runs most courses on a semester basis, with some units available over summer. The course typically includes a capstone unit in your final semester, where you bring together what you have learned on a real or simulated accounting problem. Some students choose a research pathway instead, which can lead into further study.

Work-integrated learning is part of the degree. Victoria University has strong links with accounting firms, government departments and businesses across Melbourne, and you may have the chance to complete a placement or an industry project as part of your studies. That experience counts when you apply for jobs after graduation.

This course suits a few different people. If you have an undergraduate degree in something other than accounting and want to change careers, it gives you the accounting knowledge you need. If you studied accounting overseas and want to work in Australia, it helps you meet the educational requirements for professional recognition. And if you are already working in bookkeeping or finance, it can open up more senior roles. The course is taught in English, and international applicants need to meet the university's English language requirements. Check the official Victoria University page and the CRICOS register for current fees, entry requirements and unit details.

• Accountant — working in public practice, corporate accounting or government, preparing financial statements and tax returns.
• Auditor — checking financial records for accuracy and compliance, often at an audit firm or in the public sector.
• Management accountant — helping organisations plan budgets, control costs and make financial decisions.
• Tax accountant — advising on tax compliance and planning for businesses and individuals.
• Financial analyst — analysing financial data to support investment and business decisions.
• Chief financial officer — a long-term pathway for experienced accountants who move into senior management.

Accounting graduates are hired across Australia by the big four and mid-tier accounting firms, banks, insurance companies, government agencies, not-for-profits and businesses of all sizes. The skills are portable, so you can work in almost any industry. Professional recognition matters in this field: the major Australian accounting bodies assess qualifications for membership, and this course is designed to meet those educational requirements. After graduating, you may be eligible for the Temporary Graduate visa (subclass 485) post-study work stream, which lets you stay and work in Australia for a period. While you study, your visa allows you to work up to 48 hours per fortnight. Confirm all details with the university and the Department of Home Affairs.