Graduate Diploma of Accounting

About the course

The Graduate Diploma of Accounting presents selected elements of the Master of Professional Accounting program including specialized foundation accounting units together with studies in related business disciplines. The course emphasises the development of “well-rounded” graduates who are work ready and able to immediately add value to employers in any location world-wide.



CRICOS Course Code 07365B (VIC)
072671J (NSW)
Duration 1 Years (2 Trimesters) Full-Time or Equivalent Part-Time (Domestic Students only)
Intake March, July, November
Campus Melbourne (City)
Sydney (City)
Study mode On Campus

Aim and Objectives

The Graduate Diploma of Accounting aims to provide graduates who will:

  • Demonstrate coherent knowledge of the accounting discipline
  • Possess an up-to-date body of specialist knowledge in their specialisation of Accounting
  • Possess the technical knowledge, competency and skills required to continue studies and become members of the relevant professional body
  • Exhibit the MIT Graduate Attributes
  • Be capable of independent learning
  • Exercise critical thinking and problem solving
  • Be able to analyse and adapt knowledge to different contexts
  • Be ethically aware and possess appropriate professional skills
  • Be culturally aware and able to adapt to diverse environments: organisational, national, global and cultural
  • Be able to communicate accounting and other financial information orally and in writing to a variety of information recipients.

Course Structure

The Graduate Diploma of Accounting comprises 8 Units as follows:

GA501 Foundations of Accounting* or MA601 Theory and Current Issues in Accounting
GA508 Business Statistics
GA503 Economics
GA509 Accounting Information Systems*

GA511 Financial Accounting & Reporting (pre-requisite GA501)
GA515 Managerial Accounting(pre-requisite GA501)
GA514 Business Finance
GA506 Business & Company Law


Program structures and units are subject to change through the process of regular course revision.  There is no guarantee that every unit will be offered in any particular trimester.


The Graduate Diploma of Accounting full-time student work load is 4 units (60 credit points) per academic trimester (60 credit points). The student workload per unit is 10 hours consisting of both teacher-directed learning in lectures, tutorials, workshops or laboratory sessions, and, student-directed learning as private study, reading and assignment work.

*Additional Fees

MA501 Foundations of Accounting and MA509 Accounting Information Systems utilise cloud-based accounting software. When studying these units, the student will incur a fee per unit (currently $33) for access to the cloud-based accounting software. The student is responsible for payment of the fee.

Career Opportunities

Upon completion students can be admitted into the degree, Master of Professional Accounting OR gain employment in accounting and accounting related fields. Small classes provide an interactive learning environment where students are able to interact with Lecturers in lectures, seminars, workshops, tutorials and laboratories.

Upon completion students can be admitted into the degree, Master of Professional Accounting with advanced standing of 120 Points OR gain entry level employment in accounting and accounting related fields.  

Conditions of entry

Applicants must have successfully completed the equivalent of a 3 year Australian bachelor degree and have demonstrated language competence with an IELTS of 6.5 overall with no individual band below 6.0

Graduates will be able to be employed in the following fields:

Public accounting
Management accounting
Payroll/Accounts Payable/Accounts Receivable
Business administration

Accreditation and Recognition

The Graduate Diploma of Accounting is accredited by the Tertiary Education Quality and Standards Agency (TEQSA) -

This graduate diploma is accredited by the IPA, providing an internationally recognised qualification for graduates.

Entry Requirement

As a minimum, applicants must have successfully completed an approved undergraduate degree, equivalent to an Australian Bachelor degree.

International Students - English Language Requirement

English language Proficiency testsResults Required
IELTS (Academic)Overall score 6.5 (no band less than 6.0) or equivalent


For further information, see the links below:

Learn more about whole of institution set here.

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Current Year 12 Students

If you are a current year 12 student, you must apply through VTAC.

Apply Direct Now

Non-current Year 12 Students

If you are a non-current year 12 student, you may apply directly to MIT.


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Even though MIT endeavours to provide correct information, this information may change throughout the year. You are strongly advised to verify the accuracy of this information with the relevant schools before making a decision.