Overview 2020
Location
- What is an ATAR
- Course rules
- Course accredited by: CPA Australia
- Australian Qualification Framework level: 9
Full Fee Paying places available
Location
- What is an ATAR
- Course accredited by: CPA Australia
- CRICOS: 048894E
View archived years for this course
For years prior to 2015, please view the Course and Unit Handbook Archive
View the current year's course page
“I think a career in accounting provides challenging, rewarding, and versatile opportunities in the business environment. I had the most amazing faculty members they were very cooperative and helpful. I would definitely recommend the University of Tasmania.”
This is a 2 year full-time or 4 year part-time course of study offered by the Tasmanian School of Business and Economics. It comprises 16 units of study: 12 core units and 4 units which make up a specialisation.
The course is full fee-paying, which means that you will be charged at the full fee-paying rate listed for each unit.
Please note that if you are awarded advanced standing (credit) for any units in this degree, you should be aware that the accounting accrediting bodies will assess this advanced standing separately and that this advanced standing may not be approved. You should seek advice from the accrediting bodies on any units you wish to seek advanced standing for, as it may affect your membership eligibility if not approved.
For more information contact U.Connect@utas.edu.au.
Course objectives
The MPAS is primarily designed for graduates with an undergraduate degree, from disciplines other than accounting, to develop skills to meet the entry requirements necessary for Associate Membership of the professional accounting bodies whilst also acquiring specialist skills in an area of their choice. You develop skills to question and find solutions by applying your technical knowledge and ability to research authentic situations in the accounting context plus a specialist area. You also learn to interact within diverse groups and communicate your findings to both accountants and non-accountants through the most appropriate method.
Learning Outcomes
The Course Learning Outcomes are:
- Research, critique and integrate advanced technical, specialist and theoretical knowledge with recent developments in commerce;
- Clear and concise oral and written communication skills to justify business advice and ideas in diverse collaborative contexts involving both accountants and non-accountants;
- Anticipate and solve complex problems and through this process demonstrate information literacy, judgement and the ability to apply theoretical and technical knowledge;
- Apply interpersonal and collaborative skills when making decisions, and working with people from diverse backgrounds;
- Seek and reflect on feedback to improve personal, professional and ethical conduct and initiate learning opportunities for self and others;
- Reflect on issues of social responsibility and sustainability in the business context.
Career outcomes
This course offers participants from different academic and experiential backgrounds the opportunity to specialise in accounting for professional recognition purposes. Accounting is often cited as the language of business. People with accounting skills are in high demand in the business and corporate world embracing areas such as finance, marketing, entrepreneurship, banking and information systems, and such skills are increasingly important to groups performing an overview function such as directors.
Professional Recognition
To become members of CPA Australia, Chartered Accountants Australia & New Zealand and the Institute of Public Accountants (IPA), students without an undergraduate or masters degree must complete a professionally accredited 16 unit masters level course. This course is accredited with the professional accounting bodies in Australia. Graduates of the MPAS will satisfy the educational requirements for associate membership of CPA Australia, the entry requirements at the ICAA and membership of the IPA.
Course structure
The Master of Professional Accounting (Specialisation) consists of 12 core units and 4 specialisation units (200 credit points).
Specialisations
Available in Launceston:
- Advanced Accounting (Semester 1 intake only)
- Business Management (Semester 1 intake only)
Available in Hobart:
- Business Management
- CPA Extension
- Marketing
Special note for students studying on-campus
As not all units will be available on-campus at your location, you may need to take some of your units via distance (or at another campus if this option is convenient to you). However, if you are an international student studying in Australia on a student visa you will be able to do this and still meet your visa requirements by planning ahead to ensure that:
- You are enrolled in at least one on-campus unit in each semester (This must be at the campus location specified in your Confirmation of Enrolment (CoE)
- You do not enrol in more than 1/3 of the units for your degree via distance
More information about this – including a recommended enrolment pattern for each specialisation – will be available as part of your Orientation.
Core Units
You will complete 12 core units (150 credit points).
Accounting Perspectives and Research exposes you to research within the field of Accounting and to the underlying theories and other influences that have played an important role in shaping accounting practice. Further, the unit considers emerging issues currently being addressed…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
View all details for BFA715 Accounting Perspectives and Research
This unit focuses on the key accounting systems and processes which support an organisation's business and enhance decision-making capabilities. The strategic implications of information systems will be analysed, and students will be introduced to the development, implementation, and maintenance of…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
View all details for BFA504 Accounting Systems and Processes
In this unit, you will examine the role of auditing, focusing particularly on the role of the external auditor in assessing the validity and reliability of financial information of publicly listed companies. The unit highlights the audit function and the…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
This unit introduces students to the core concepts in Australian taxation and identifies the framework (both legal and administrative) behind those concepts. The knowledge gained through this exploration enables the application of the framework to current issues faced by individuals…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 2 | ||||
This unit covers a wide range of interesting legal topics and teaches you how to analyse, and solve legal problems, all essential skills for those wishing to work in both the fields of accounting and business management.The unit combines topics…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 2 | ||||
View all details for BEA603 Economics and Statistical Analysis
The understanding that you gained while studying BFA507 The Accounting Framework will be extended to develop your accounting knowledge and skills in the context of more complex financial and corporate accounting issues. The unit covers an understanding of how financial…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 2 | ||||
View all details for BFA605 Financial and Corporate Accounting
This unit introduces students to the major concepts and analytical tools used in the theory and practice of financial management within an Australian context. It is designed to provide you with with an understanding of:- the scope and nature of…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
View all details for BFA503 Introduction to Financial Management
In this unit we explore the key functions fulfilled by managerial and cost accounting. The primary purpose of managerial and cost accounting is to provide relevant information to managers within an organisation. Managerial accounting can be thought of as the…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
The Accounting Framework is an introductory accounting unit concerned with the fundamentals of financial accounting. The unit includes an introduction to the basic principles of accrual accounting and the five elements of financial reports (i.e. assets, liabilities, owners equity, revenue…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
Choose ONE (1) of these units:
You must select BFA502 CPA Ethics and Governance if you are doing the CPA Extension specialisation.
This unit provides you with knowledge of ethics, corporate governance frameworks and mechanisms and the skills to apply them as a professional accountant in a global business environment. You will develop your analytical and decision‐making skills and knowledge to identify…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
Being a successful manager and leader requires engagement with the ethical aspects of business management and consideration of the broader socio-political role that organisations play in contemporary society. The primary focus of this unit is the ethics of business and…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Launceston | Semester 1 | ||||
Choose ONE (1) of these units:
You must select BFA731 CPA Contemporary Business Issues if you are doing the CPA Extension specialisation.
The CPA as an innovatorThe Contemporary Business Issues (CBI) subject examines a number of contemporary and emerging global issues in order to familiarise you with the business environment you are likely to be operating in as an accountant. It also…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
View all details for BFA731 CPA Contemporary Business Issues
The aim of the unit is to develop an understanding of the key issues in strategic management particularly as they relate to managing the interface between an organisation and its internal resources and the elements of its external environment. The…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 2 | ||||
Specialisations
You will complete one specialisation consisting of 4 units (50 credit points).
Advanced Accounting (available in Launceston ONLY)
Advanced financial accounting is designed to provide you with financial reporting and business skills that are applicable in an international professional environment. The subject is based on the International Financial Reporting Standards (IFRSs), which are issued by the International Accounting…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Launceston | Semester 2 | ||||
Strategic management accounting is a key component of the overall skills base of todays professional accountant. This subject examines the management accountant’s role in dynamic organisations operating in the global business environment. In this role, the professional accountant engages with…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Launceston | Semester 2 | ||||
Organisations are vulnerable to financial risk, including funding and liquidity risk, market risk from interest rate, exchange rate or commodity price movements, credit risk and operational risk. The purpose of this subject is to equip you with the necessary skills…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Launceston | Semester 2 | ||||
Global Strategy and Leadership consolidates and builds on the learnings candidates have gained in prior units. In the increasingly complex business environment in which organisations operate, characterised by change, uncertainty and escalating competition, the disciplines of strategy and leadership have…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Launceston | Semester 2 | ||||
The focus of this unit is increasing the effectiveness of leadership and change management skills at an individual and organisation level. Leadership and change management are increasingly seen to be key factors affecting the performance of contemporary organisations and are…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
View all details for BMA701 Leadership and Change Management
Business Management
According to the Global Economic Monitor Survey (2014), approximately 13% of the adult population in Australia is involved in either starting or managing a new business. (This percentage varies dramatically across different country contexts; see http://gemconsortium.org/). Many other individuals are…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Launceston | Semester 2 | ||||
Organisational Behaviour (OB) is the study of human behaviour at the individual, group and organisational level. The primary purpose of this unit is to improve the management of organisations through the development of knowledge of human behaviour. To do this,…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
The effective management of human resources is becoming an increasingly vital concern in organisations, whether they are professional practices employing only a few staff, multinational corporations, public sector or not-for-profit organisations. The impact of globalisation, increased competition for talented employees,…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | ||||
View all details for BMA583 Managing People and the Employment Relationship
The focus of this unit is increasing the effectiveness of leadership and change management skills at an individual and organisation level. Leadership and change management are increasingly seen to be key factors affecting the performance of contemporary organisations and are…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
View all details for BMA701 Leadership and Change Management
CPA Extension (not available in Launceston)
This unit advances your knowledge of financial reporting and business skills in an international professional environment, and is based on the International Financial Reporting Standards (IFRSs). You will learn the skills to provide business advice to a range of stakeholders.…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
This unit provides you with the skills to assess and manage financial risk and apply appropriate strategies through the use of financial instruments. Financial risk includes funding and liquidity risk, market risk from interest rates, exchange rates or commodity price…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
Global Strategy and Leadership is the capstone unit in the CPA Program Professional Level. You MUST have successfully completed the three compulsory units: CPA Ethics and Governance, CPA Financial Reporting and CPA Strategic Management Accounting, before you can enrol in…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
View all details for BFA737 CPA Global Strategy and Leadership
This unit examines the management accountant's role in dynamic organisations operating in the global business environment with a focus on achieving strategic outcomes. You will learn the tools and techniques including value chain analysis and project management, to contribute to…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
View all details for BFA738 CPA Strategic Management Accounting
Marketing (not available in Launceston)
For marketers, understanding how buyers and consumers behave is an integral part of correctly identifying their needs, and developing effective marketing strategies. Buyers often go through decision-making processes before making a purchase or making a decision to continue to buy…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
The importance of marketing in the Business to Business (B2B) sector has grown globally. Business markets present unique challenges and opportunities for marketers that differ significantly from business to consumer (B2C) markets. B2B and B2C markets function very differently and…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
Sales management and personal selling are critical to organisational success, especially in highly competitive markets. Good personal selling skills guide sales professionals toward alignment with buyers, by helping them overcome their problems and challenges, and creating value for both the…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | ||||
View all details for BMA609 Sales Management and Personal Selling
The increasing use of the Internet and other digital media by both business and consumers is having a significant effect on business globally. For consumers, information and communication technologies (ICT) provide more information, convenience, and a wider range of, and…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
View all details for BMA610 Digital and Social Media Marketing
Exit awards
Graduate Certificate in Professional Accounting
You are eligible to exit with the Graduate Certificate in Professional Accounting upon completion of 4 units / 50 credit points of core units from the course schedule above.
Graduate Diploma of Professional Accounting
You are eligible to exit with the Graduate Certificate in Professional Accounting upon completion of 8 units / 100 credit points of core units from the course schedule above.
Master of Professional Accounting
You are eligible to exit with the Master Professional Accounting upon completion of the 12 units / 150 credit points appearing in that course schedule. See C7B Master of Professional Accounting.
Entry requirements
Eligibility
For entry to this course, you need to have:
- an undergraduate or Masters degree in a non-accounting discipline, or equivalent, from an approved tertiary institution; or
- a Graduate Certificate in Business Studies, or equivalent, from an approved tertiary institution; or
- qualifications, relevant work experience or other special circumstances, as approved by the Executive Dean or delegated authority.
International students must provide one of the following:
- UTASAccess Level 7 with a minimum overall score of 60% and no individual skill below 60%; or
- IELTS with an overall Band of 6 and no Band less than 6; or
- TOEFL (iBT) overall score of 72 (no individual skill must be lower than Reading 16; Listening 16; Speaking 18; and, Writing 22); or
- PTE Academic overall score of 50 with no score lower than 50; or
- provide evidence that you have studied for 2 years full-time with English as the sole medium of instruction and examination.
These tests must not be more than 24 months old.
Articulation from
Students who graduate with any of the approved exit awards of the Master of Professional Accounting (Specialisation) may return to or continue to the higher level award with full credit for units completed provided that the credit is consistent with the requirements of higher level award in terms of the course structure and the units were not completed more than 10 years prior to the expected date of graduation in the higher level award.
Fees & scholarships
Domestic students
2020 Annual Course Fee (domestic students): $21,616 AUD*.
* Please note that this is an indicative annual fee only and is provided as a guide based on a typical enrolment of students completing the first year of this course. The cost will vary depending on the units you choose, your study load, the length of your course and any approved credit for prior learning. For more information about Domestic Student Fees, including how your fees are calculated, refer to Domestic Fees | What to Pay.
Student Services and Amenities fee
Domestic students enrolled in a full fee paying place are charged the Student Services and Amenities Fee but this fee is incorporated in the fees you pay for each unit you enrol in. Full fee paying domestic students do not have to make any additional SSAF payments.
Domestic students enrolled in a Commonwealth supported place will be charged a fee based on the number of units they enrol in. In 2020, this fee is $46.20 per unit (of 12.5 credit points). In 2020, the maximum charge for full time students is $308.
Domestic students enrolled in certain postgraduate coursework programs may not be eligible for student payments through Youth Allowance and Austudy. Visit the Department of Social Services website to find out more about eligibility for Centrelink support and the list of eligible courses
International students
2020 Total Course Fee (international students): $73,158 AUD*.
Course cost based on a rate of $35,950 AUD per standard, full-time year of study (100 credit points).
* Please note that this is an indicative fee only.
International students
International students are charged the Student Services and Amenities Fee but this fee is incorporated in the annual rate. International students do not have to make any additional SSAF payments.
Scholarships
For information on general scholarships available at the University of Tasmania, please visit the scholarships website.
Additional costs
Special note for students doing the CPA Extension specialisation
Please also note that, in completing the CPA Program™ units in the Master of Professional Accounting (CPA Extension) with the University of Tasmania, students do not receive the CPA Australia qualification until they have met all the requirements of the CPA Program as set by CPA Australia (which includes practical experience).
You should be aware that you must hold a concurrent enrolment with the CPA Australia in order to enrol in the corresponding UTAS CPA units and there are additional costs associated with UTAS CPA units, CPA membership and enrolment fee (includes exam fee) that are not included in the UTAS tuition fee. For information about the CPA Program, visit www.cpaaustralia.com.au.
This applies to enrolment in the alternate core units BFA502 CPA Ethics and Governance and BFA731 CPA Contemporary Business Issues as well as the CPA Extension specialisation units themselves.
How can we help?
Do you have any questions about choosing a course or applying? Get in touch.
- Domestic
- 1300 363 864
- International
- +61 3 6226 6200
- Course.Info@utas.edu.au
- Online
- Online enquiries