About Accounting
Here at Murdoch we offer two Accounting qualifications the Bachelor of Commerce in Accounting and the Bachelor of Commerce in Professional Accounting.
Forget the stereotypes; there are no “boring bean-counters” in today’s modern business world. No business lasts long without good financial control. From the local noodle bar to the country’s largest mining company, if you don’t know where the money's gone you can’t make good decisions. Accountants form the backbone of the management process in any business or public enterprise. Most top managers need a firm understanding of accounting and the role it plays in the management process of business and public enterprise without needing to be Professional Accountants.
Studying Accounting at Murdoch will teach you how business works, the real nuts and bolts of what makes a successful organisation. You will look at the efficiency and effectiveness of the operations of an enterprise as well as learning how to evaluate employee performance. You will also learn how to use accounts to assist you in making capital investment decisions for a variety of purposes, including the acquisition or sale of shares, lending of money, and provision of goods on credit.
What can I do with my Accounting degree?
As a Murdoch Accounting graduate there’s almost nowhere you can’t go. If you think about it, every type of business; every public organisation, in fact, anyone who has any kind of budget, needs you. Of course you can tailor your degree with a double major in an area that really interests you from most degrees that Murdoch offers. Popular combinations include other Commerce majors such as Finance or Banking.
The following are just some of the professions you could consider:
- Accounts Payable/Receivable Officer;
- Treasurer/Financial Manager;
- Financial Planner/Financial Consultant;
- Monetary/Financial Economist;
- Paralegal/Legal Assistant;
How to apply
Our entry requirements tool will help you find the most appropriate and quickest pathways to admission. The tool will take you through a couple of steps to help identify the best pathways for you based on your situation. Once you have chosen the most suitable pathway you will also be provided you with information on how to apply based on the criteria you are using for admission.
Domestic student applications:
All undergrad applications for Semester 1 2009 need to be submitted through TISC. If you would like to apply for this course you can now:
- Get your TISC help kit containing your course info, handy hints and advice to help make the application process even easier.
- Get advice on how to structure your TISC preferences to give yourself the best chance of getting into the course of your dreams.
- If you have any questions, please call Prospective Students' and Admissions Centre on 1300 687 3624 or email us at admissions@murdoch.edu.au.
International student applications:
If you would like to apply for this course you can now:
Course Details
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| Length of course |
3 years full time internal study or part-time equivalent.
Please note that international students can only study full time.
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| International fee information |
$17,250 indicative annual fee |
| Location |
South Street Campus
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| Murdoch course code |
B1003 |
| TISC code |
MUCCC
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| TER cut off for 2008 |
70.00 or country equivalent
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| STAT score |
>145
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| Information on course units |
Link to handbook entry |
Recommended TEE subjects:
The following recommended subject will provide you with a useful background if you are interested in studying Accounting: Maths.
We don’t have prerequisite subjects for any of our courses as we are a strong promoter of a well rounded education. However, remember that you will also need to demonstrate competence in English, normally through passing either English or English Literature or by getting a sufficiently high score in ESL.
Course structure:
Year 1
Foundation Unit
All new first year students take a Foundation Unit. These are designed so you have some idea what’s going on, because, let’s face it, you’ve never been to uni before!
Core Units
You must take these units for a particular major to gain a specialisation in this area.
- Introduction to Economics
- Introduction to Accounting
- Introduction to Information Technology
- Principles of Commercial Law
General Electives
You must take these units to have enough units to graduate. General Electives give you the flexibility to learn from a variety of different areas. Select three units offered by the University, subject to individual unit prerequisites.
Suggested double majors
To take a double major, students simply take the core units from another major in place of their general elective units. Further details on double majors are available in the Prospectus.
Some recommended double majors are for this course:
- Human Resource Management;
What are my career options?
As a Murdoch Accounting graduate, your employment outlook is promising, especially if you combine your Accounting studies with other disciplines. Depending on which skill combinations or specialisations you have, your Murdoch degree may lead you towards work and study opportunities in a number of areas. The following are some professions to consider, including extra majors and minors that will improve your prospects of achieving them.
| Professions |
What they do |
Suggested double majors |
| Sales Manager |
Sales Managers direct the firm’s sales program. They assign sales territories, set goals, and establish training programs for the sales representatives. Sales Managers advise the sales representatives on ways to improve their sales performance.
Sales Managers maintain contact with dealers and distributors. They analyse sales statistics gathered by their staffs to determine sales potential and inventory requirements and to monitor customers’ preferences. |
Marketing Management, Economics, Management |
| Accounts Payable / Receivable Officer |
Accounting officers have titles such as Accounts Payable Officers or Accounts Receivable Officers, often reflect the type of accounting they do.
Entry-level accounting clerks post details of transactions, total accounts, and compute interest charges. They also may monitor loans and accounts to ensure that payments are up to date.
More advanced accounting clerks may total, balance, and reconcile billing vouchers; ensure the completeness and accuracy of data on accounts; and code documents according to company procedures. These workers post transactions in journals and on computer files and update the files when needed.
Senior clerks also review computer printouts against manually maintained journals and make necessary corrections. They may review invoices and statements to ensure that all the information appearing on them is accurate and complete, and they may reconcile computer reports with operating reports. Treasurer / Financial Manager Treasurers and Finance Officers direct the organisation’s financial goals, objectives, and budgets. They oversee the investment of funds, manage associated risks, supervise cash management activities, execute capital-raising strategies to support a firm’s expansion, and deal with mergers and acquisitions. |
Finance, Banking |
| Credit Manager |
Credit Managers oversee the firm’s issuance of credit, establishing credit-rating criteria, determining credit ceilings, and monitoring the collections of past-due accounts.
Managers specialising in international finance develop financial and accounting systems for the banking transactions of multinational organisations. |
Finance, Banking |
| Financial Planner / Financial Consultant |
Personal Financial Advisors, also called Financial Planners or Financial Consultants, use their knowledge of investments, tax laws, and insurance to recommend financial options to individuals in accordance with the individual’s short-term and long-term goals.
Some of the issues that planners address are retirement and estate planning, funding for college, and general investment options.
While most planners offer advice on a wide range of topics, some specialise in areas such as retirement and estate planning or risk management. |
Finance, Banking |
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