single degree

Master of Applied Accounting and Master of Financial Management

A single two year graduate award offered by the Research School of Accounting and Rsch Sch of Finance, Actuarial Studies & App Stats

  • Length 2 year full-time
  • Minimum 96 Units
  • Mode of delivery
    • In Person
  • Field of Education
    • Mixed Field Programmes not els
  • Academic contact
  • Length 2 year full-time
  • Minimum 96 Units
  • Mode of delivery
    • In Person
  • Field of Education
    • Mixed Field Programmes not els
  • Academic contact

Program Requirements

The Master of Applied Accounting and Master of Financial Management requires completion of 96 units which must consist of:

60 units from completion of courses from the following list:

BUSN7008 Financial Statements and Reporting

BUSN7031 Management Accounting and Cost Analysis

BUSN7050 Corporate Accounting

BUSN7052 Commercial Law 

FINM7006 Applied Foundations of Finance

FINM7007 Applied Corporate Finance

FINM7008 Applied Investments

FINM8007 Topics in International Finance

STAT6038 Regression Modelling

STAT7055 Introductory Statistics for Business and Finance

6 units from completion of courses from the following list:

ECON8069 Business Economics

STAT6046 Financial Mathematics

A minimum of 6 units from completion of courses from the following list:

BUSN7017 Sustainability and Corporate Social Responsibility

BUSN7036 Financial Statement Analysis

BUSN8045 Corporate Governance

BUSN8801 Commerce Research Project

BUSN8066 Data Analytics in Contemporary Accounting

A maximum of 24 units from the completion of courses from the following list:

BUSN6051 Accounting Analytics

BUSN6060 Special Topics in Commerce

BUSN7005 Contemporary Issues in Accounting

BUSN7021 Taxation Law

BUSN7049 Corporate Financial Reporting

BUSN7054 Auditing and Assurance Services

BUSN7057 Business Association Law

BUSN8003 Advanced Managerial Decision Making

BUSN8101 Special Topics in Commerce

BUSN8068 Accounting for Sustainability

BUSN8067 Forensic Accounting

CBEA6070 College of Business and Economics Internship Program

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 5.0/7.0; or
  • a Graduate Certificate or international equivalent in a cognate discipline with a minimum GPA of 4.0/7.0; or
  • a Graduate Diploma or international equivalent in a cognate discipline with a minimum GPA of 4.0/7.0.

The admission requirements for the single Master of Applied Accounting and single Master of Financial Management program are the same as above.

In line with the university's admissions policy and strategic plan, an assessment for admission may include competitively ranking applicants on the basis of specific academic achievement, English language proficiency and diversity factors. 

Academic achievement & English language proficiency

The minimum academic requirement for full entry and enrolment is a Bachelor degree or international equivalent 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, ranking may further be confirmed on the basis of: 

• 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 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 assessment on the qualification that best meets the admission requirements for the program. Find out more about the Australian Qualifications Framework:

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:

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 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.

Domestic Tuition Fees (DTF)

For more information see:

Annual indicative fee for international students

For further information on International Tuition Fees see:

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:


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.

This program is available for applications to commence from First Semester, 2023

Learning Outcomes

  1. Demonstrate an understanding of essential accounting, accountability and governance knowledge in an organisational context;

  2. Critically apply essential knowledge in the discipline to accounting and business decision making;

  3. Analyse and evaluate contemporary accounting, accountability and governance issues informed by accounting-related research, industry practices and professional guidance;

  4. Integrate advanced accounting knowledge and analytical skills in undertaking applied research in the discipline;

  5. Demonstrate an understanding of the three ideas underpinning finance: the time value of money; diversification; and, arbitrage;

  6. Critically apply these three ideas to corporate financial decision-making and investment decisions, including within an international setting;

  7. Demonstrate a critical awareness of current issues in finance which is informed by leading edge research and practices in the field; and,

  8. Demonstrate the ability to analyse and interrogate financial information to support business recommendations.

Back to the top

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions