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.

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CRICOS Course Code 07365B (VIC)
072671J (NSW)
Duration 1 Year (2 Trimesters)
Intake March, July, November
Location On Campus at Melbourne and Sydney Campus
Study mode Fulltime & part time

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 Statistcis
GA503 Economics
GA511 Financial Accounting & Reporting (pre-requisite GA501)

GA512 Management Accounting (pre-requisite GA501)
GA513 IT & Accounting Systems
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.

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.

English language requirements - International students

English language Proficiency tests Results Required
IELTS (Academic)

Overall score 6.5

No individual band score less than 6.0

TOEFL (Test of English as a Foreign Language)

79–93 with minimum scores: Reading 13, Listening 12, Speaking 18, Writing 21

PTE Academic

Overall score 58 (no score less than 50)

Cambridge CAE

CAE Score of 176 (no band less than 169)


For further information, please contact the MIT Admissions Department.

How to Apply?

Find out more about MIT's Admission Criteria and application information here.

Apply Through VTAC

You must apply through VTAC if you are a current Year 12 student (Australian Year 12, the IB in Australia or New Zealand) Intending to apply to multiple institutions.

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Apply Directly to MIT

You can apply directly to MIT if you are: A non-current Year 12 student or Intending to apply only to MIT, Applying for November intake, A Post Graduate student, or Too late to apply through VTAC

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Apply by Post

Deliver hard-copy application in person or by post at:

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Melbourne, VIC 3000, Australia

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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.