Master of Professional Accounting - 16 unit program (MPAcc)

Course CodeMAPROACC2000
Course TypePostgraduate
Credit Points Required 96
CRICOS code077337E


The 16 unit Master of Professional Accounting is available for students commencing study from Semester 2, 2013 (July).

Students who commenced study prior to Semester 2, 2013 are enrolled in the 12 unit Master of Professional Accounting program.

The Master of Professional Accounting (16 unit program) is a two-year program of full time study (or four years part-time) designed to enable graduates with a recognised bachelor's qualification, graduate certificate or graduate diploma in any field, and at a standard acceptable to the University of Sydney Business School, the opportunity to develop the knowledge and skills required for Associate Membership of professional accountancy bodies and as a foundation for a successful and rewarding career in professional accountancy. The foundation of the program exposes students to the broad organisational, regulatory and market context in which accountants operate. Building upon these foundations, students pursue advanced learning in accounting within the contexts of both professional practice and the theoretical paradigms that underpin such practice. The program reinforces technical excellence in these fields within a framework that emphases core professional competencies in critical thinking, problem-solving and strategic decision-making, professional communication and persuasion, information systems applications and management and ethical awareness and reasoning. While designed specifically for those from a non-business degree background, the program is also open to those with a prior bachelor's qualification or higher in a business-related field.

Minimum duration of degree

Full-time Part-time
2 years 4 years

Apply now

Degree structure

To be awarded the Master of Professional Accounting, students will successfully complete a total of 16 units of study (96 credit points), consisting of the following:

  • 14 core units of study (84 credit points),* comprising seven foundational units (42 credit points), six advanced units (36 credit points) and a six credit point capstone unit.
  • two elective units of study (12 credit points)*

* Please Note: Students who commenced study in this degree before 2014 can choose to follow the requirements of the year they commenced study and complete 13 core units and three elective units (the capstone unit is not required to be completed).

Core units of study

(i) Foundation units

(ii) Advanced units

(iii) Capstone unit *

* All students commencing study in this program from 2014, including transfer students, must complete the capstone unit. Students who commenced study prior to 2014 are not required to complete the capstone unit and complete an additional elective unit (three elective units in total).

Elective units of study

* Not offered for 2015.

^ Students who achieve a WAM of 65%+ in a minimum of eight units of study (48 credit points) in their Master¿¿¿s degree may apply for an assessable work integrated learning unit.

+  Students who achieve a WAM of 65%+ in a minimum of four units of study (24 credit points) may apply for the Deloitte FASTRACK Innovation Challenge.

Recognition of Prior Learning (RPL)

The Business School recognises the importance of prior learning and industry experience. If you hold a prior qualification or have industry experience of at least 3 years in duration, you could be eligible for recognition of prior learning in your Master of Professional Accounting degree.

For more information, please visit the recognition of prior learning information page.

Progression guides

The following table illustrates a suggested full-time learning sequence for the 16 unit Master of Professional Accounting program (commencing from Semester 2).

Year 1
Semester 1BUSS5000ACCT5001QBUS5002CLAW500124
Semester 2ACCT6001ACCT5002INFS5000BUSS500124
Year 2

Semester 1ACCT6010CLAW6002FINC5001elective24
Semester 2ACCT6007CLAW6026ACCT6120 (capstone)elective24

Please Note: The information listed in these programs of study examples are meant as a guide only. Students should always check the requirements for individual units of study. Students are advised to plan their degree based upon their individual needs and to contact the Student Information Office if they need any assistance in planning their progression in their degree.

Professional accreditation in accounting requirements

Subject to the successful re-accreditation review in 2012, completion of the core units of the16 unit Master of Professional Accounting  satisfies the requirements of both CAA and CPA Australia for accreditation  under the direct program pathway. The foundation core knowledge areas  that are required by the two main professional accounting bodies in Australia are as follows:

Required knowledge areaSubject codeSubject's name

Accounting information systems


Accounting Information Systems

Accounting systems and processes


Accounting Principles

Accounting theory


Intermediate Financial Reporting

Audit and assurance


Contemporary Issues in Auditing

Commercial lawCLAW5001Legal Environment of Business
Corporations lawCLAW6002Corporate Structures in Practice
EconomicsBUSS5001Firms, Markets and Business Management
FinanceFINC5001Capital Markets and Corporate Finance
Financial accounting ACCT6010Advanced Financial Reporting
Management accountingACCT5002
Management Accounting and Decision Making
Quantitative methodsQBUS5002Quantitative Methods for Accounting
TaxationCLAW6026Taxation Law and Practice

For further  information regarding accreditation with these professional accounting bodies, please refer to the accredited course information on their respective websites: