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QS Rank:

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123

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RMIT University

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Victoria

Australia

The Master's in Professional Accounting at RMIT University is a highly respected program that provides students with a comprehensive understanding of the intricate world of accounting. This rigorous course combines theoretical knowledge with practical experience, preparing graduates to excel in various accounting roles and positions within the industry. The program is designed to meet the demands of the modern business environment, offering a curriculum that not only covers the fundamental aspects of accounting but also delves into advanced topics such as taxation, auditing, and financial management.

Students enrolled in this Master's program benefit from a curriculum that features a range of specialized courses, including Corporate Accounting, Financial Reporting, and Management Accounting. These courses are meticulously crafted to equip students with the essential skills and knowledge required to navigate complex financial systems and reporting standards. Furthermore, the program emphasizes critical thinking and analytical skills, enabling graduates to make sound financial decisions in a variety of business contexts.

One of the standout features of the Master's in Professional Accounting at RMIT is the faculty's expertise and commitment to student success. The teaching staff consists of accomplished professionals with extensive backgrounds in accounting and finance, who bring real-world experience into the classroom. This practical approach fosters an engaging learning environment, where students can ask questions, engage in discussions, and receive personalized guidance on their academic journey. The faculty members are also actively involved in research, providing students with opportunities to collaborate on various projects and initiatives.

RMIT University prides itself on its state-of-the-art facilities and resources, which enhance the learning experience for students in the Master's in Professional Accounting program. Students gain access to high-end laboratories, computer labs equipped with the latest accounting software, and extensive library resources that support their research endeavors. The university also provides numerous opportunities for internships and industry placements, allowing students to gain practical experience and build valuable connections within the business community.

As graduates of the Master's in Professional Accounting, students are well-positioned to embark on rewarding career paths. The program prepares them for various roles such as Director, Chief Accountant, Financial Analyst, and more. The median base salary for graduates typically hovers around $65,000, reflecting the high demand for qualified accounting professionals. Notable alumni have gone on to achieve great success in their careers, offering inspiration and a testament to the quality of education provided by RMIT University.

Why Study Professional Accounting at RMIT University

  • A popular choice for international students with a diverse community, promoting cultural exchange and networking opportunities.
  • Learn from esteemed faculty members who are industry experts and research leaders, providing invaluable insights into the accounting profession.
  • Access to advanced labs and resources that facilitate innovative research and practical learning experiences.
  • Exceptional placement programs and strong industry connections that enhance employability after course completion.
  • Opportunities to engage in internships and real-world projects, providing crucial experience in a competitive job market.
  • A comprehensive curriculum that not only covers theoretical frameworks but also emphasizes practical applications of accounting principles.

Admission to the Master's in Professional Accounting program requires a bachelor's degree in a relevant field, along with specific additional documentation. Applicants must provide a transcript from their previous institution and may also need to submit letters of recommendation from academic professionals. A current resume highlighting relevant work experience is also a critical part of the application process.

In terms of language proficiency, international applicants are required to demonstrate their English language skills through standardized tests such as IELTS, PTE, or TOEFL. The minimum acceptable scores are as follows:

  • IELTS: Minimum overall score of 6.5, with no band less than 6.0.
  • PTE: Minimum score of 58, ensuring adequate reading and writing capabilities.
  • TOEFL: Minimum score of 79, with specific requirements in reading, writing, speaking, and listening.

Overall, the Master's in Professional Accounting from RMIT University is an excellent choice for those looking to advance their careers in the accounting field. The combination of a solid academic foundation, practical experience, and robust industry connections ensures that graduates are well-equipped to thrive in a competitive job market. With a strong focus on employability and a commitment to student success, RMIT University stands out as a premier institution for aspiring accounting professionals.

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Duration

24 Months

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Median Salary

$65,000

Ranking

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#281

US World and News Report

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#123

QS World University Rankings

Class Profile

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Class Size

25

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Average Age

28

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Average Work Experience

3 Years

Diversity

Others:

10%

Australia:

60%

Asia:

20%

Europe:

10%

North America:

5%

South America:

3%

Africa:

2%

Career Outcomes

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Median Earnings After Graduation

$65,000 / year

Prospective Job Roles

Director

Manager

Investment Analyst

Chief Accountant

Financial Analyst

Accountant

Auditor

Chief Financial Officer

Senior Accountant

Partner

Business Analyst

Financial Planner

Controller

Cost Accountant

Tax Accountant

Treasurer

Credit Analyst

Forensic Accountant

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • IELTS

    6.5

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  • PTE

    58

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  • TOEFL

    79

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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    Transcript

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    Academic LOR

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    Resume

Application Deadlines

Fees and Funding

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Tuition Fees

$43,200 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The RMIT University Professional Accounting Master's Scholarship is a fully-funded scholarship that is awarded to students who demonstrate academic excellence and financial need. The scholarship includes full tuition fees, a living allowance, and travel expenses. To be eligible for the scholarship, students must have an Australian or New Zealand passport, be a citizen of Australia or New Zealand, and have an undergraduate degree in accounting or a related field. The scholarship is awarded on a competitive basis, and applications are due by February 15th each year.
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    The Australian Institute of Chartered Accountants

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    The CPA Australia

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    The Institute of Public Accountants

FAQs

  • A student can complete Professional Accounting at RMIT University with in 24.

  • The deadline to submit an admission application for Professional Accounting at RMIT University is Application deadline Term 2 (Standard Deadline) - date - 25/07/2023

  • The annual tuition fee to pursue Professional Accounting at RMIT University is AUD 43200.

  • The submission of these scores mainly depends on the type of degree/ course selected at the RMIT University. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check RMIT University requirements before submitting a score.

  • Professional Accounting can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more

  • If a student fulfils all the eligibility criteria and admission requirements of RMIT University, they can easily pursue Professional Accounting. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.

  • An MS degree at RMIT University can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official RMIT University website to check the course/ degree duration.

  • One can apply for scholarships to pursue their international education at RMIT University by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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