Major Accounting

Accounting informs management decision-making and the allocation of resources through measuring and improving company performance.

Professional accountants operate in an increasingly complex and sophisticated field and are valued in today’s dynamic, technology-rich industries. Because they act as strategic advisers and business partners, they must understand business issues and processes and have the skills necessary for sound decision-making.

Why Study Accounting?

Accounting is a pathway to a range of careers for aspiring leaders who want to play an important role in driving organisational success amidst a rapidly changing world. You will develop analytical reasoning and data skills to equip yourself with the ability to make sound and strategic business decisions.

Accounting At Melbourne:

• Melbourne is known for the quality of its accounting program and strong graduate employability outcomes
• This major offers a direct path to becoming a qualified accountant and receiving professional body accreditation
• You’ll learn how to produce and interpret financial information and improve resource allocation
• Develop critical understanding of financial accounting and its functions in modern economies
• Learn how to combine tools of measurement and valuation with the art of communication

Learn about the financial structure of organisations and how to produce, analyse and audit financial information. By developing your knowledge of business strategy, issues and processes you will understand effective cost and performance management practices. You’ll learn to appreciate risk and have the skills for sound decision making.

Your Major Structure:

In your first and second year, you will complete accounting major prerequisite subjects, breadth subjects as well as subjects required for accreditation as an accountant.

In your final year, you will complete a mix of major subjects and commerce electives plus the last of the three subjects required for accreditation.

Professional Accreditation Recognition:

You will need to start taking accounting subjects in your first year to fulfil your accounting membership requirements. These will vary, but usually include Corporate Law, Principles of Business Law and Taxation Law 1. Full membership requirements may include relevant work experience and/or further study.

Breadth Studies:

The Melbourne curriculum allows you to incorporate breadth subjects into your degree. This gives you the chance to explore subjects or disciplines outside of commerce and accounting.

Use breadth to explore creative interests or topics you have always been curious about; or complement your accounting major and career development with a language, communication skills or technological expertise.

If you follow a breadth track you may even qualify for graduate study in a field that’s very different from your major. Or if you already have a professional graduate program in mind, such as the Juris Doctor (Law) or Master of Engineering, you can use your breadth to develop your knowledge and meet prerequisites from day one.

Double Majors:

Students have the option to do a double major – which takes less time than a double degree - by combining any two of Accounting, Economics, Finance, Marketing, and Management.