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.
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)
- Not-for-profit organisations
- Small and medium-sized businesses.
Entry requirements for the Bachelor of Commerce
The Clearly-in Rank is the lowest score at which students were granted entry in 2017. i
The Clearly-in Rank should be used as a guide for entry. It is not set in advance and may vary from year to year. The Clearly-in Rank is determined by the number of places available, the number of applicants listing the course as a preference and the academic achievement of those applicants.
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.
You must achieve the minimum ATAR (if indicated) to be considered for entry to this degree. The Clearly-in Rank may be above the Minimum ATAR, depending on the demand for the course and the number of places available.
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 (CAS) or Specialist Mathematics.
Applicants intending to major in Actuarial Studies or undertake a breadth sequence in Engineering Systems are strongly encouraged to complete VCE Specialist Mathematics or equivalent. Applicants intending to undertake an Engineering sequence in Electrical or Mechanical Systems are encouraged to undertake VCE Physics or equivalent If this has not been completed, applicants may be required to undertake additional physics subjects.