Bachelor of Business (Accountancy)

Bachelor of Business (Accountancy)

UNDERGRADUATE
Student type:
Mode of study:
On campus and blended learning
Entry score:

ATAR 63.60*

Duration:
Full-time 3 years
Part-time 6 years
Next intake:
February, July
Location:
Melbourne City
Mode of study:
On campus and blended learning
Entry score:

Not applicable

Duration:
Not applicable
Fees:

Not applicable

Next intake:
Not applicable
Location:
Not applicable

Overview

Details

Course structure

Choose a plan below to find out more about the subjects you will study and the course structure.

Career

Graduates gain employment in public accounting practices, supporting staff teams in areas like auditing, taxation, management consulting, business services and receivership. Others are recruited into commercial and government organisations in treasury, internal audit, strategic business planning, financial reporting and management accounting roles.

The Department of Education forecasts that employment prospects for accountants are expected to grow strongly.

 

Program accreditation or membership offered by professional bodies signals to employers the quality and relevance of RMIT's programs and opens up career pathways and networks.

Professional bodies accredit or recognise programs as meeting professional and academic standards deemed to be essential for a new graduate entering into that profession. An accredited program will either enable the graduate to enter directly into a professional qualifications program or provide the graduate with exemptions or credit towards a post university professional qualification. 

Statutory accreditation

This type of accreditation is where a statutory body must approve a program of study in order for a graduate to practise in that profession. 

Membership

Professional bodies or associations are representative organisations of professions that provide membership and other career development support to its members. Many professional bodies offer membership opportunities for students and new graduates with benefits such as career advice, networking within the profession and access to resources not available through the university. The aim of these benefits is to assist with your transition from university into the profession.

Bachelor of Business (Accountancy)

Current course accreditations and information about membership and development opportunities for students and graduates.

CPA Australia

Course satisfies the academic requirements for direct entry into the CPA Australia program. Note: Students must complete Company Law minor to be eligible for entry into the CPA Australia program (Accredited for program delivery in Melbourne, Indonesia and Singapore.)

Membership and opportunities
  • Students and graduates eligible to enrol in the CPA Australia Network
  • Graduates eligible to enrol in CPA Australia program
  • Graduates eligible for membership category: Associate.

Visit the CPA Australia website

Chartered Accountants Australia and New Zealand (CAANZ)

Course satisfies the academic requirements for entry into the CA Program. Note: 1. Students at RMIT Melbourne must complete Taxation 1, Auditing 1 and Company Law to be eligible for entry into the CA Program. Note 2. Students at the Singapore Institute of Management must complete Australian Taxation and Corporations Law to be eligible for entry into the CA Program. (Accredited for course delivery in Melbourne and Singapore.)

Membership and opportunities
  • Students and graduates eligible for membership category: Student Affiliate
  • Graduates eligible to enrol in CA program.

Visit the Chartered Accountants Australia and New Zealand website

Singapore Accountancy Commission (SAC)

Course satisfies the academic requirements for entry into the Singapore QP Foundation Program. (Accredited for course delivery in Melbourne and Singapore.)

Membership and opportunities
  • Graduates may be eligible for specified credit in the Foundation Program of up to 6 core syllabus areas.

Visit the Singapore Accountancy Commission website

Association of Chartered Certified Accountants (ACCA)

Course satisfies the academic requirements for entry into the ACCA Qualification Program. (Accredited for course delivery in Melbourne, Indonesia and Singapore.)

Membership and opportunities
  • Graduates eligible for specified credit in the ACCA Qualification Program of up to 9 fundamental level papers
  • Students eligible for accelerate program and can register and prepare for ACCA professional level exams prior to graduation.

Visit the Association of Chartered Certified Accountants website

Chartered Institute of Management Accountants (CIMA)

Course satisfies the academic requirements to be streamed into the Advanced Route 2 pathway for the CIMA Program. (Accredited for course delivery in Melbourne, Indonesia and Singapore.)

Membership and opportunities
  • Students and graduates eligible for specified credit in the CIMA Program of up to 10 papers
  • Operational Case Study Exam (OCSE) and Management Case Study Exam (MCSE) can be taken prior to completing degree and CIMA qualification awarded on completion of degree.

Visit the Chartered Institute of Management Accountants website

Institute of Chartered Accountants in England and Wales (ICAEW)

Course satisfies the academic requirements for entry into the ACA Program. (Accredited for course delivery in Melbourne, Indonesia and Singapore.)

Membership and opportunities
  • Graduates may be eligible for specified credit of up to 8 papers in the ACA Program.

Visit the Institute of Chartered Accountants in England and Wales website

The Association of International Accountants (AIA)

Course satisfies the academic requirements for entry into AIA professional qualification programs.

Membership and opportunities
  • Graduates eligible for specified credit of up to 12 papers.

Visit the The Association of International Accountants website

Institute of Public Accountants (IPA)

Membership and opportunities
  • Students eligible for membership category: Student
  • Graduates eligible to apply for IPA program
  • Graduates eligible for membership category: Associate or Graduate Associate.

Visit the Institute of Public Accountants website

Admissions

Equivalent qualifications may also include completion of the RMIT Foundation Studies program or a recognised post secondary diploma in the relevant discipline with the required grades.

Meeting the minimum academic requirements does not guarantee entry. Your application will still need to be assessed and accepted.

To study this course you will need to complete one of the following English proficiency tests:

  • IELTS (Academic): minimum overall band of 6.5 (with no individual band below 6.0)
  • TOEFL (Internet Based Test - IBT): minimum overall score of 79 (with minimum of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing)
  • Pearson Test of English (Academic) (PTE (A)): minimum score of 58 (with no communication band less than 50)
  • Cambridge English: Advanced (CAE): minimum of 176 with no less than 169 in any component.

For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.

Don't meet the English language test scores? Complete an English for Academic Purposes (EAP) Advanced Plus Certificate at RMIT English Worldwide.

Pathways

Credit may reduce the duration of your study by acknowledging your earlier, relevant study experience.

When you are submitting an application, please indicate that you want to be considered for credit and provide detailed course syllabus (also known as course outline), outlining volume of learning, course content and weekly topics, learning objectives/outcomes, assessment types and their weightings, and reference to the learning resources such as prescribed textbooks and recommended readings.

Fees

2022 indicative fees

In 2022, the annual student contribution amount (tuition fee) you will pay for a standard year of full-time study is between AU$3,985 to AU$14,630*.

Additional expenses

  • Student services and amenities fee (SSAF): AU$315 maximum fee for 2022.
  • Other items related to your program, including field trips, textbooks and equipment.

Annual fee adjustment

Amounts quoted are indicative fees per annum, and are based on a standard year of full-time study (96 credit points). A proportionate fee applies for more or less than the full-time study load.

Fees are adjusted on an annual basis and these fees should only be used as a guide.

Defer your payment

You may be eligible to apply for a HECS-HELP loan, which can be used to defer payment of up to the full amount of your student contribution fees. You may also be eligible to apply to defer payment of your SSAF through the SA-HELP loan scheme.

Learn more about fees for undergraduate study.

Paying your fees and applying for refunds

For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.

If you are offered a Commonwealth supported place, your tuition fees are subsidised by the Australian Government.

Your share of the fee (student contribution) is set on an annual basis by the government and is determined by the discipline areas (bands) of your individual enrolled courses, not the overall program.

How much can I expect to pay for my Commonwealth supported place?

The Australian Government has introduced changes to university funding and student contribution fees under its Job-ready Graduates Package

The fees in the table below apply to students commencing their program in 2022. Fees for continuing students are available at fees for Commonwealth supported students.

Each course (subject) falls into a band. The band determines the student contribution amount for the course.

Amounts listed in the table below are based on a standard, full-time study load (96 credit points per year) with all courses in the same band. A proportionate fee applies for more or less than the full-time study load or for enrolment in courses (subjects) from a combination of bands.

You can learn how to calculate your exact tuition fees for units from different bands at Fees for Commonwealth supported students.

Maximum student contribution amount for Commonwealth supported places in 2022 for commencing students

Student contribution band by course (subject)

Maximum annual student contribution amount (per EFTSL) in 2022

Education, Postgraduate Clinical Psychology, English, Mathematics, Statistics, Nursing, Indigenous and Foreign Languages, Agriculture $3,985 per standard year
$498 per standard (12 credit point) course
Allied Health, Other Health, Built Environment, Computing, Visual and Performing Arts, Professional Pathway Psychology, Professional Pathway Social Work, Engineering, Surveying, Environmental Studies, Science, Pathology $8,021 per standard year
$1,002 per standard (12 credit point) course
Dentistry, Medicine, Veterinary Science $11,401 per standard year
$1,425 per standard (12 credit point) course
Law, Accounting, Administration, Economics, Commerce, Communications, Society and Culture $14,630 per standard year
$1,828 per standard (12 credit point) course

HECS-HELP Loans

The Australian Government provides financial assistance via the HECS-HELP loan scheme, which allows eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) to defer payment of up to the full amount of their student contribution.

SA-HELP Loans

You may be eligible to apply to defer payment of the Student services and amenities fee (SSAF) through the SA-HELP loan scheme. If you use SA-HELP, the amount will be added to your accumulated HELP debt.

How does a HELP loan work?

If your FEE-HELP and/or SA-HELP loan application is successful, the Australian Government will pay RMIT, on your behalf, up to 100% of your fees. This amount will become part of your accumulated HELP debt.

You only start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government (this also applies if you are still studying). The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.

For more information about loan repayment options see Commonwealth assistance (HELP loans) or Study Assist.

In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student.

The SSAF is calculated based on your enrolment load and the maximum fee for 2022 is $315.

For more information about calculating your actual SSAF see Paying SSAF.

You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

The annual tuition fee for 2022 is AU$39,360.

The total indicative tuition fee for 2022 commencement is AU$120,960.

In addition to tuition fees you also need to pay for:

You also need to account for your living expenses. Estimate the cost of living in Melbourne.

Find out more details about how fees are calculated and the expected annual increase.

Applying for refunds

Find information on how to apply for a refund as a continuing international student.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

Looking for answers or more general information?

For frequently asked questions or how to find more information regarding applications and enrolments, fees, student support services, university policies and more, please visit our Frequently Asked Questions.

aboriginal flag
torres strait flag

Acknowledgement of country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Luwaytini' by Mark Cleaver, Palawa.

aboriginal flag
torres strait flag

Acknowledgement of country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.