Organisations use accounting to demonstrate performance to external parties, and managers use accounting to understand the workings within an organisation. The ability to understand and interpret information is crucial, because numerous stakeholders and users need to know how organisations operate and perform.
Professional accountants are valued in every industry, especially as the accounting field becomes exceptionally sophisticated. Because accountants act as strategic advisers and business partners, they must understand business issues and processes and have the skills necessary for sound decision making.
Accounting studies will help you understand the financial structure of organisations and teach you to produce and analyse financial information. Accounting leads to a career path with countless possibilities – you can work in any role, in any sector, in countries around the world. Accountants work in every area of business and are in demand in many industries.
Melbourne Commerce graduates are eligible to apply for associate membership of these associations:
- CPA Australia
- Chartered Accountants Australia and New Zealand
- Institute of Public Accountants.
Careers
Accounting graduates are well prepared for accounting, taxation, auditing or general management roles in the following spheres:
- Accounting practices including Australia’s ‘Big Four’ firms (KPMG, Ernst & Young, PricewaterhouseCoopers and Deloitte)
- Corporations
- Government
- Not-for-profit organisations
- Small and medium-sized businesses.
Entry requirements for the Bachelor of Commerce
Access Melbourne allows you to be considered below the Clearly-in Rank. Guaranteed entry is available to eligible students from a rural area or disadvantaged financial background. i
Access Melbourne can help you gain a place in a course, even if your ATAR is below the Clearly-in Rank. Eligible students must apply through Access Melbourne and meet prerequisites.
Prerequisites
Units 3 & 4: A study score of at least 25 in English/English Language/Literature or at least 30 in EAL, and at least 25 in Mathematical Methods or Specialist Mathematics.
Students may be eligible to progress into the 3-year Master of Engineering, subject to completing prerequisite subjects. Applicants intending to major in Actuarial Studies or who intend to complete the Master of Engineering following the Bachelor of Commerce are strongly encouraged to complete VCE Specialist Mathematics Units 3 and 4 or equivalent. If VCE Specialist Mathematics has not been completed, students wanting to undertake the Master of Engineering will incur the cost of undertaking an additional Mathematics subject through the University's Community Access Program (CAP). International applicants intending to commence a major in Actuarial Studies from mid-year (July) must, at a minimum, meet the requirements to enter MAST10006 Calculus 2 which requires a study score of at least 29 in VCE Specialist Mathematics 3/4, or IB Higher Level Analysis and Approaches with a score of at least 4 or equivalent, or if attending Trinity College, successful completion of Mathematics 2. If these requirements are not met students are advised to begin at start-year intake (February) the following year.