Personalised for LOCAL students.
Local student means; you are an Australian citizen or permanent resident, a New Zealand citizen or a permanent humanitarian visa holder.
Personalised for INTERNATIONAL students.
International student means; you are not an Australian citizen or permanent resident, a New Zealand citizen or a permanent humanitarian visa holder.
}

Accounting

Bachelor of

Code: HEBSBACC Cricos: 070938C
Our courses are being delivered remotely
Melbourne Polytechnic is recognised as an essential service and continues to operate. Due to the coronavirus restrictions, the way our courses are delivered will look a little different for the foreseeable period.

Most of our courses are being taught remotely with an interactive and supportive learning environment, including assessments wherever possible.

Limited activity or training which cannot be delivered entirely remotely will be delivered on campus, with strict health and safety measures in place.

Overview

Campus

Preston

Campus

Preston

Duration

3 years full time / 6.5 years part time

Duration

3 years full time / 6.5 years part time

Next Intake

February, July

Next Intake

February

Join an in-demand industry with an innovative focus

Melbourne Polytechnic is committed to delivering quality academic programs that develop capabilities for students to thrive in a rapidly changing world. Our Bachelor of Accounting was the first of its kind in Australia, meeting the growing demand for business professionals with qualifications in accounting and knowledge of sustainable business. Accounting is a perennially in-demand industry, and combining specialised skills with sustainable business knowledge is future-focused learning for a future-proofed career.

Developed with industry for a sustainable economy

Melbourne Polytechnic’s Bachelor of Accounting was the first degree of its kind in Victoria, developed with industry and government bodies to meet the growing demand for business professionals at the intersection of sustainable business and accounting. You’ll work with industry professionals across both sectors to study business law, auditing, tax and corporate accounting, as well as sustainability studies, environmental law, economics and policy. Complementary knowledge subjects including management, marketing and organisational behaviour will be available as elective subjects. Delivered by the School of Business, Innovation and Entrepreneurship, the course has been designed to meet the demand for elite graduates in Australia and overseas. This course is accredited by CPA Australia, Chartered Accountants Australia New Zealand, and the Tertiary Quality and Standards Agency.

Count on a bright future

Graduates of Melbourne Polytechnic’s Bachelor of Accounting will be eligible to apply for associate membership of CPA Australia. You might work as an accountant in the public, private or financial sector, a business consultant, business analyst, business sustainability auditor, financial manager, auditor or entrepreneur.

Career Pathways

Where will this take me

Graduates of Melbourne Polytechnic’s Bachelor of Accounting will be eligible to apply for associate membership of CPA Australia.
  • Assistant Accountant
  • Accountant
  • Financial Manager
  • Business Sustainability Auditor
  • Management Accountant
  • Financial Consultant
  • Business Consultant
  • Auditor
  • Entrepreneur
  • Business Analyst

Pathways

On successful completion of this degree, you will be eligible for entry to our Master of Professional and Practising Accounting

Akolda Bil

"It means 'future' to me. All I was doing before this was working in small jobs, or jobs that aren't going to get me far in life, so studying is a huge deal to me. It got me where I am now.... Studying gave me a path to go somewhere in my life."

Course Details

Delivery methods

Course delivery continues at Melbourne Polytechnic during the challenges of the coronavirus (COVID-19) situation the world is facing right now. Our top priority remains the health, safety and well-being of our community.

This program has responded to the COVID-19 restrictions by modifying its delivery to a blended model supporting remote learning. For the immediate term, we’ve changed the way our students attend class, with all lectures, tutorials and seminars moved online.

A collaborative learning environment is created through the requirement of students to attend synchronous online sessions at the normal class times. These sessions are run through Moodle, our learning management system, and conferencing software (e.g. Zoom or Teams). This includes assessment wherever possible.

Alternative arrangements are being made for activities which must be conducted on-campus.

  • Blended
  • Classroom

Class Schedule

Mon - AM and PM
Tue - AM and PM
Wed - AM and PM
Thu - AM and PM
Fri - AM and PM

Assessment Methods

Assessment may include a combination of examinations, assignments, tests, group and individual reports and projects, essays, practical tasks, literature reviews, journals, presentations, interviews, case studies and class participation

Units of Study

Credit points are a basic measure of student workload. All subjects are given a credit point value. Most subjects at Melbourne Polytechnic are 12 credit points. A normal full-time annual workload is 96 credit points. The academic year is divided into two main semesters; full-time students usually enrol in 48 credit points each semester, part-time students usually enrol in 24 credit points each semester or less.

Code Subject Elective Description Year Semester
BAC105 ACCOUNTING FOR MANAGERS Core This subject introduces students to the concepts of accounting and management decision- making; and provides accounting and decision-making skills to apply in the business context. Students will develop knowledge of business analysis, financial planning, performance management and costing principles so as to make effective management decisions. This subject also introduces the regulatory framework, tax and ethics. 1
BAC104 BUSINESS ENQUIRY AND COMMUNICATION Core This subject provides an introduction to the principles of academic and business enquiry relevant to Accounting. The student will undertake an investigative process involving a research proposal culminating in a literature review presented in a report format. Students will develop academic and literacy skills required to undertake higher education studies with an emphasis on investigation, literacy and presenting information. 1
BAC107 FOUNDATIONS OF BUSINESS Core This subject provides an introduction to the key management concepts and core business practices. It covers the major functional areas of business, including management, marketing, accounting, finance, economics and information technology for today’s competitive business world. In addition, it introduces other important concepts such as ethics and social responsibility, forms of ownership, small business and entrepreneurship, and international business, as well as, latest trends in the economy, social networking, competition in the global marketplace and sustainability. 1
BAC102 FOUNDATIONS OF INFORMATION TECHNOLOGY Core The purpose of this subject is to introduce the field of information technology and its role within a business context. This includes how information technology (IT) supports business productivity with database systems and software applications, as well as the common terms and concepts. This subject also introduces global IT work solutions and considers the implications of these in shaping various organisations. 1
BAC111 INTRODUCTION TO BUSINESS LAW Core The aim of this subject is to introduce students to the fundamentals of law in a business context. The subject introduces students to the framework of the Australian legal system and to the business structures operating in Australia and provides an overview of some of the major areas of the law that impact on commercial activities. The subject examines the Australian legal system, the way laws are made and areas of the law that are relevant to the operation of businesses including contracts, torts, consumer protection, competition law, insurance law, business entity law, business ownership and workplace law. 1
BAC115 QUANTITATIVE METHODS Core The aim of this unit is to introduce or to refresh student’s knowledge of fundamental mathematical and statistical techniques to adequately address business issues and decisions. This subject provides an overview of the principles and concepts of financial mathematics and business statistics. The mathematics covered in the subject is closely applied to business settings and issues and focuses on developing students’ skills in numeracy, problem solving, presenting data, and the use of business software and calculators. 1
BAC113 FUNDAMENTAL ECONOMICS Core This subject introduces the student to the core principles of micro and macroeconomic principles, models and policies. The student will apply this knowledge to gain an understanding of the workings of both the Australian and global economy. 1
BAC103 BUSINESS ACCOUNTING Core This subject introduces students to the knowledge of accounting processes from the recording of transactions in journals and ledgers to the preparation of financial statements using both manual and computerised accounting systems. In this subject, students will acquire the knowledge, skills and understanding of generally accepted accounting principles which govern the preparation, presentation and communication of accounting information. Students will prepare accounting information for both internal and external stakeholders using relevant information technology. 1
BAC221 BUSINESS FINANCE Core This purpose of this subject it to explore best practice approaches to the sources and use of funds to achieve long-term business goals while considering social and ethical factors. This includes the application and analysis of tools to determine and manage investment projects and strategies. 2
BAC213 CORPORATIONS LAW Core This subject introduces student to the theoretical and practical aspects of corporations and governance of corporations within the Australian legal system. 2
BAC212 MANAGEMENT ACCOUNTING 1 Core The purpose of this subject is to provide organisations with internal financial and non-financial information required for the three functions of planning, controlling and decision making. This subject enables student to develop an understanding of the elements of cost and management accounting and the way in which accounting information is used in undertaking these functions within the context of a modern business organisation. The subject examines the nature and behaviour of product and service costing information and students should be able to apply their understanding of this to decision-making situations using both a quantitative and a qualitative approach and be aware of the impact business decisions have on the individual, the organisation and society 2
BAC211 ACCOUNTING INFORMATION SYSTEMS Core Accounting Information Systems are an essential component of today’s organisations as they support managers in planning and controlling operations, improve problem-solving and decision-making in organisations, and provide information for financial accounting reports and external financial reporting. This subject introduces students to the role of accounting information systems in organisations, transactions processing, business processes, information flows and information technology, systems design and development, internal control, audit procedures, ethics related to accounting information systems, risk and security (fraud minimisation) issues, database management systems, enterprise resource planning systems and e-commerce. This subject provides students with the practical skills and the assessment of identifying, evaluating and justifying the selection of a commercially available accounting information system software package suited to a small to medium sized business. 2
BAC205 Corporate Accounting Core This subject provides an introduction to corporate accounting, including Australian and international legislative and compliance frameworks. The subject will also examine the importance of corporate social responsibility and accountability in the accounting industry. 2
BAC216 MANAGEMENT ACCOUNTING 2 Core The aim of this subject is to further develop the student’s understanding of basic cost and management accounting skills to include more advanced and contemporary performance management and control processes and practices such as budgetary control and behavioural issues, decentralization, responsibility accounting and performance reporting, transfer pricing, cost of quality, supply chain costing, customer profitability analysis, strategic performance management, employee incentive schemes, capital investment decision making and sustainability and environmental management accounting. The subject examines the nature and behaviour of performance measurement and management and students should be able to apply their understanding of this to decision making situations using both a quantitative and a qualitative approach and be aware of the impact business decisions have on the individual, the organisation and society. 2
BACC205 Corporate accounting Core This subject provides an introduction to corporate accounting, including Australian and international legislative and compliance frameworks. The subject will also examine the importance of corporate social responsibility and accountability in the accounting industry. 2
BAC313 Audit Theory and Assurance Core This subject will provide an overview of concepts and guidelines involved in conducting various types of audit. 3
BAC318 Taxation Law and Compliance Core Provides a legal framework and context for studies in accounting and provides the knowledge to make informed decisions in areas of Taxation Law and the Compliance issues impacting businesses and individuals. 3
BAC301 ADVANCED CORPORATE REPORTING Core This subject provides the student with a knowledge of contemporary financial accounting theory and academic research and how they contribute to the understanding of accounting practice. This subject provides the student with an understanding of some of the contemporary accounting issues associated with financial reporting such as accounting for foreign currency transactions, construction contracts, extractive industries, financial instruments, sustainability and social and environmental accounting, ethics and governance and integrated reporting. 3
BAC319 Investment Analysis and Portfolio Elective 3 2

Fees & Costs

Per year $9800
Per semester $4900
Per year $17800
Per semester $8900

When you are studying higher education courses you may qualify for FEE-HELP payments for part or all of your tuition fees. FEE-HELP loans do not cover materials costs.

Find out more information about FEE-HELP.

Fees displayed are effective for new applications received on or after 1 November 2019. Tuition fees do not include textbooks, course materials or overseas student health insurance and visa fees.

After initial deposit, international students are able to pay tuition fees in installments, four times per year.

For more detailed information please read the International Student Fees.

Materials

Lists of required materials, books and timetables will be provided at course induction or class enrolment by the teaching department.

Attend an Info Session 

Now’s the time to register for our information and enrolment sessions. We give you an in-depth look at your chosen area of study and a tour of our department facilities.
;

Requirements

All Applicants All applicants are required to attend an interview.

Applicants with recent secondary education (within the past two years) Successful completion of Year 12 VCE or equivalent with no specified minimum ATAR score and a study score of at least 20 in any English.

Applicants with vocational education and training (VET) study Successful completion of a VET diploma.

Applicants with higher education A complete or incomplete higher education qualification.

Applicants with work and life experience Relevant industry or life experience.


Academic: Australian Year 12 equivalency
English: Academic IELTS 6.0 with no individual band below 5.5, Pearson PTE Academic 50 overall with no individual communicative skill below 42, or Melbourne Polytechnic recognised equivalency.
Other: Full-time only

Next Steps

Melbourne Polytechnic is committed to providing transparency to the admissions process. In line with this commitment, we provide you with information that will help in making informed choices about your future studies.

Find out more about Melbourne Polytechnic’s commitment to admissions transparency.

Applicants for this course will need to have met the academic requirements. Meeting the minimum admission criteria does not guarantee entry into this course. Past academic performance may be considered.

You may also be required to attend an interview to discuss your career plans, aptitude and understanding of your chosen course of study and the requirements of tertiary study. (This may be conducted face-to-face or by through a video conference call using Skype or other application).

During your interview, you may be asked to provide:

  • Your CV outlining your relevant work and life skills and experience
  • Any letters of reference from employers
  • Documents relating to prior study including course transcripts and subject outlines from other Higher Education Providers if you wish to apply for credit
}