Master of International Finance/Master of Professional Accounting
ObjectivesThis combined course, with specialisations in Accounting and Finance, is designed to meet the needs of employers and professional bodies operating in this area. It will provide students with an opportunity to complete a combined Masters as well as achieving a recognised professional accounting and/or finance qualification. Eligibility for membership to professional bodies is subject to work experience and the entry requirements of those professional bodies.
Entry requirementsTo be eligible for admission into the combined MIF / MPA course applicants must have a recognised bachelor degree from an approved tertiary institution or equivalent.
Academic titleMaster of International Finance/Master of Professional Accounting
Course descriptionProfessional recognition
Completion of the appropriate selection of units within the Master of International Finance/Master of Professional Accounting can:
* grant eligibility for entry as an associate member of CPA Australia;
* meet the educational requirements for entry into the CA program of the Institute of Chartered Accountants in Australia (ICAA);
* grant accreditation from the Australian Institute of Banking and Finance (Senior) AIBF;
* grant accreditation by the Finance and Treasury Association (FTA); or
* grant accreditation by the Financial Planning Association (FPA)
Fees and charges
Equivalent Full Time Student Load (EFTSL)
EFTSL is the standard annual full time load. Eight credit points is the standard full time load for one year of study.
Fee paying place - Domestic (DFP)
A Fee paying place is one for which the university does not receive any government funding. As such, students enrolled in these places are required to contribute the full cost of their course.
Fee paying places are available to domestic students. Domestic students are those who are Australian citizens, New Zealand citizens or holders of a permanent visa.
*Indicative course fees should be used as a guide only. Deakin University assumes no responsibility for persons relying on indicative course fees to calculate the total future cost of their course. The indicative course fee is an estimate based on a typical enrolment a student may have for their first year of study in 2009 for their course. The indicative course fee is based on historical first year enrolments within the course, reflecting the discipline cluster of the units which may be studied within the course. The actual fees charged will depend on the individual units chosen. The cost of each unit can be viewed at http://www.deakin.edu.au/current-students/handbooks2009/search.php. Please note that the fees per unit/credit point may increase annually due to rises in the cost of course delivery and services.
Course rules
The Master of International Finance/Master of Professional Accounting requires completion of 16 credit points comprising 12 credit points of core units and 4 credit points of elective units selected from a specified list.
Course structure
Core units
MAA702 Corporate Accounting 1 2
MAA703 Management Accounting 1 2
MAA704 Accounting Theory 1 2
MAF702 Financial Markets
MAF703 Applied Corporate Finance
MAF704 Treasury and Risk Management
MAF707 Portfolio Investments and Financial Planning
MAF759 Quantitative Methods for Finance
MAF760 International Finance
MPA701 Accounting 1 2
MPE781 Economics for Managers 1
MPT753/MPF753 Finance 1 2#
Elective units
These units may be selected to form a specialisation - see M730 Master of International Finance course entry for details of specialisation.
Select 4 credit points of units from:
MAA705 Corporate Auditing 2 3
MAE723 Business and Financial Econometrics
MAF708 Retirement Income Streams
MAF709 Financial Planning Development
MAF754 Enterprise Risk Management
MAF761 Advanced Investments
MAF762 Advanced Derivative Securities
MAF763 Financial Intermediation
MAF764 Advanced Corporate Finance
MAR725 Research Methods
MLC703 Principles of Income Tax Law 2 3
MLM720 Introduction to Commercial Law 1 2
MLM731 Corporations Law 1 2
MPC701 Information Systems for Business 1
MPE707 International Banking and Finance
MPE711 Global Trade and Markets
MPP701 Research Project 1a 4
MPP702 Research Project 1b
MPP703 Research Project 2 4
MSQ791 Data Analysis for Managers 1
#MPT code denotes study tour version of the unit.
or units from the Master of International Finance and the Master of Wealth Management .
Other postgraduate units may be taken subject to the approval of the Course Team Chair.
Notes
1 Required by CPA Australia for Associate Membership (10 units in all, see note 3).
2 Required by the Institute of Chartered Accountants in Australia for entry to the CA Program (9 units in all).
3 For candidates who have completed an accredited degree in Australia, this unit may be taken as part of the CPA program. Other students must complete this unit before becoming an Associate Member of CPA Australia. These other students must take 12 units in all.
4 These units form the Finance Research Project specialisation and must be undertaken together – they cannot be studied separately.
Students who wish to enter the CA or CPA programs are advised that it is their responsibility to ensure that they take the appropriate units required for entry. Students who have completed prior undergraduate or graduate units in accounting or other core knowledge areas are advised to have their qualifications assessed by their preferred professional organisation to ensure they complete the correct units.
Admission requirements - general
Deakin University offers admission to postgraduate courses through a number of Admission categories.
In all categories of admission, selection is based primarily on academic merit as indicated by an applicant's previous academic record.
For more information on the Deakin Admissions Policy visit The Guide
Admission requirements - specific
To be eligible for admission into the combined MIF / MPA course applicants must have a recognised bachelor degree from an approved tertiary institution or equivalent.
Advanced standing - general
The University aims to provide students with as much credit as possible for approved prior study or informal learning which exceeds the normal entrance requirements for the course and is within the constraints of the course regulations. Students are required to complete a minimum of one-third of the course at Deakin University, or four credit points, whichever is the greater. In the case of certificates, including graduate certificates, a minimum of two credit points within the course must be completed at Deakin.
You can also refer to the Advanced Standing System which outlines the credit that may be granted towards a Deakin University degree.
How to apply
Applications must be made directly to the university through the Applicant Portal referring to closing dates for applications as dates for particular courses may vary.
Your faculty may require further information from you when submitting your application. Please refer to the faculty information website for further details.
Advanced Standing / Credit for Prior Study
Advanced standing into the Master of International Finance/Master of Professional Accounting may be granted to students who have successfully completed appropriate postgraduate studies. There are negotiated advanced standing arrangements in place for CPA members.