Program Requirements
The Master of Applied Accounting and Master of Financial Management requires completion of 96 units which must consist of:
66 units from completion of the following compulsory courses:
BUSN7008 Financial Statements and Reporting
BUSN7031 Management Accounting and Cost Analysis
BUSN7050 Corporate Accounting
BUSN7052 Commercial Law
BUSN7066 Data Analytics in Contemporary Accounting
FINM7006 Applied Foundations of Finance
FINM7007 Applied Corporate Finance
FINM7008 Applied Investments
STAT7038 Regression Modelling
STAT7055 Introductory Statistics for Business and Finance
12 units from completion of courses from the following list:
ECON8069 Business Economics
FINM6041 Applied Derivatives
FINM8007 Topics in International Finance
STAT6026 Graphical Data Analysis
STAT6046 Financial Mathematics
A minimum of 24 units from the completion of courses from the following list:
BUSN6003 Advanced Management Accounting
BUSN6008 Financial Reporting By Corporations
BUSN6060 Special Topics in Commerce
BUSN7005 Contemporary Issues in Accounting
BUSN7017 Sustainability and Corporate Social Responsibility, Accountability and Reporting
BUSN7021 Taxation Law
BUSN7036 Financial Statement Analysis
BUSN7054 Auditing and Assurance Services
BUSN7057 Business Association Law
BUSN8045 Corporate Governance
BUSN8051 Advanced Analytics in Contemporary Accounting
BUSN8067 Forensic Accounting
BUSN8068 Accounting for Sustainability
BUSN8101 Special Topics in Commerce
BUSN8801 Commerce Research Report
CBEA6070 ANU College of Business and Economics Internship Program (PG) (6 units)
Study Options
Year 1 48 units | BUSN7008 Financial Statements and Reporting 6 units | BUSN7052 Commercial Law 6 units | FINM7006 Applied Foundations of Finance 6 units | STAT7055 Introductory Statistics for Business and Finance 6 units |
BUSN7031 Management Accounting and Cost Analysis 6 units | BUSN7050 Corporate Accounting 6 units | ECON8069 Business Economics 6 units OR STAT6046; | FINM7007 Applied Corporate Finance 6 units | |
Year 2 48 units | FINM7008 Applied Investments 6 units | STAT7038 Regression Modelling 6 units | BUSN7036 or BUSN8801 or BUSN7066 | Course from last list |
FINM8007 Topics in International Finance 6 units | Course from last list | Course from last list | Course from last list |
Admission Requirements
At a minimum, all applicants must meet program-specific academic/non-academic requirements, and English language requirements. Admission to most ANU programs is on a competitive basis. Therefore, meeting all admission requirements does not automatically guarantee entry.
Applicants must present either:
- a Bachelor Degree or international equivalent in a cognate discipline with a minimum GPA of 5/7; or
- a Bachelor Degree or international equivalent + Graduate Certificate or international equivalent in a cognate discipline with a minimum GPA of 4/7; or
- a Graduate Diploma or international equivalent in a cognate discipline with a minimum GPA of 4/7; or
- a minimum of 10 years full-time equivalent work experience at ANZSCO Skill Level 1 in a field related to the program.
The admission requirements for the single Master of Applied Accounting and single Master of Financial Management program are the same as above.
Academic achievement & English language proficiency: The minimum academic requirement for full entry and enrolment is a Bachelor degree or international equivalent in a cognate discipline with a minimum GPA of 5.0/7.0.
However, applicants will first be ranked on a GPA ('GPA1') that is calculated using all but the last semester (or equivalent) of the Bachelor degree used for admission purposes. If required, the ranking may further be confirmed based on:
- a GPA ('GPA2') calculated on the penultimate and antepenultimate semesters (or equivalent) of the Bachelor degree used for admission purposes; and/or
- demonstrating higher-level English language proficiency.
Prior to enrolment in this ANU program, all students who gain entry will have their Bachelor degree reassessed, to confirm minimum requirements were met.
Further information: English Language Requirements for Admission
Diversity factors: As Australia’s national university, ANU is a global representative of Australian research and education. ANU endeavours to recruit and maintain a diverse and deliberate student cohort representative not only of Australia, but the world. In order to achieve these outcomes, competitive ranking of applicants may be adjusted to ensure access to ANU is a reality for brilliant students from countries across the globe.
Assessment of qualifications: Unless otherwise indicated, ANU will accept all Australian Qualifications Framework (AQF) qualifications or international equivalents that meet or exceed the published admission requirements of our programs, provided all other admission requirements are also met.
Where an applicant has more than one completed tertiary qualification, ANU will base the assessment on the qualification that best meets the admission requirements for the program. Find out more about the Australian Qualifications Framework: www.aqf.edu.au
ANU uses a 7-point Grade Point Average (GPA) scale. All qualifications submitted for admission at ANU will be converted to this common scale, which will determine if an applicant meets our published admission requirements. Find out more about how a 7-point GPA is calculated for Australian universities: www.uac.edu.au/future-applicants/admission-criteria/tertiary-qualifications
Unless otherwise indicated, where an applicant has more than one completed tertiary qualification, ANU will calculate the GPA for each qualification separately. ANU will base the assessment on the best GPA of all completed tertiary qualifications of the same level or higher.
Credit Granted
Applicants may be eligible for up to 24 units (one semester) of credit for courses completed towards an incomplete AQF Level 9 or above qualification. In this Master of Applied Accounting and Master of Financial Management double masters, this limit applies to each degree separately.
Cognate Disciplines
Accounting, actuarial studies, business, business information systems, economics, finance, international business, management, marketing, mathematics, public administration, statistics.
Indicative fees
Domestic Tuition Fees (DTF)
For more information see: http://www.anu.edu.au/students/program-administration/costs-fees
- Annual indicative fee for international students
- $56,120.00
For further information on International Tuition Fees see: https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees
Fee Information
All students are required to pay the Services and amenities fee (SA Fee)
The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.
For further information on Fees and Payment please see: https://www.anu.edu.au/students/program-administration/fees-payments
Scholarships
ANU offers a wide range of scholarships to students to assist with the cost of their studies.
Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are. Specific scholarship application process information is included in the relevant scholarship listing.
For further information see the Scholarships website.
This double masters program is designed to equip students with core knowledge and skills in accounting and finance that are essential for financial decision making in business. Students undertake a combination of courses from both disciplines in each semester of study so that competencies in accounting and finance are developed concurrently. The combination of an accounting and finance skillset provides greater flexibility and choice in career paths, and students graduate from this two-year program with both the Master of Applied Accounting and the Master of Financial Management
Career Options
ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.
We have graduated remarkable people from every part of our continent, our region and all walks of life.
Learning Outcomes
- Demonstrate an understanding of essential accounting, accountability and governance knowledge in an organisational context;
- Critically apply essential knowledge in the discipline to accounting and business decision making;
- Analyse and evaluate contemporary accounting, accountability and governance issues informed by accounting-related research, industry practices and professional guidance;
- Integrate advanced accounting knowledge and analytical skills in undertaking applied research in the discipline;
- Demonstrate an understanding of the three ideas underpinning finance: the time value of money; diversification; and, arbitrage;
- Critically apply these three ideas to corporate financial decision-making and investment decisions;
- Demonstrate a critical awareness of current issues in finance which is informed by leading edge research and practices in the field; and,
- Demonstrate the ability to analyse and interrogate financial information to support business recommendations.
Further Information
Students seeking CPA Australia or Chartered Accountants Australia and New Zealand accreditation are referred to the Master of Professional Accounting or Master of Accounting.