Overview
Accounting, often referred to as the “language of business”, is a system that collects, measures, and communicates all relevant financial information that an entity or a business requires for managing, reporting, resource allocation, and decision making purposes. Accounting is how business records, verifies, and reports values of assets, liabilities, income and expenses.
The MIT Master of Professional Accounting (MPA) allows students from non-accounting backgrounds to gain professional knowledge and skills necessary to enter the accountancy profession. The course also enables graduates to meet the academic requirements for membership of the accounting professional bodies such as the CPA Australia, ICAA and NIA
Aims and objectives
The course presents a theoretical and practical program which is designed to develop your knowledge and skills in the collection, selection, analysis, evaluation, and the presentation of financial and related information. The course also emphasises the development of key employability skills such as communication, collaboration, problem solving, self-direction and leadership, necessary to understand, participate, and lead in the modern business world.
Teaching methodology and assessment
The course is delivered in a small-class environment, through lectures, tutorials, and individual consultation. Where possible, the use of case-study analysis and problem-solving approaches are adopted to enhance the student’s learning. In addition industry guest speakers and lecturers from other Universities are invited to conduct seminars at MIT throughout the year. These seminars can give important insights into the industry and broaden the student's overall knowledge.
Assessment is continuous during the semester, and consists of tutorial work, individual and group assignments, class participation, presentations, tests and final examinations. In each unit, the final examination will constitute at least 50% of the overall assessment.
Professional accreditation and memberships
The program is accredited by CPA (see www.cpacareers.com.au), ICAA – Institute of Chartered Accountants in Australia (see www.icaa.org.au), and NIA - National Institute of Accountants (see www.nia.org.au). Upon successful completion of the program graduates will be eligible to apply for associate membership of both CPAA and NIA; and entry to both the CPA Program of CPAA and the CA Program of ICAA.
This program is also accredited by the Victorian Registration and Qualifications Authority (VRQA) and is registered on the Australian Government Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS).
Career opportunities
The MPA will prepare you for one of the most sought after business professions. As a graduate the MPA, you may find employment in areas of corporate accounting, financial accounting/reporting, managerial accounting, auditing and assurance, taxation, and investments, within all areas of commerce, industry, and government.
Scholarships
Various scholarships are available at MIT. For further information go to: www.mit.edu.au/scholarship.aspx