Master of Professional Accounting / Master of Business Administration

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Are you passionate about accounting and want a strong foundation in business? To extend your business capabilities as well as obtain specialised accounting knowledge, the combined Master’s program in Professional Accounting and Business Administration is the program for you.

A combined Masters will set you apart in the increasingly competitive global labour market. In order to reach senior management positions, a high level of technical expertise and broad organisational understanding is required. The combined Master’s program in Professional Accounting and Business Administration aims to equip graduates with the technical expertise to work in the rigorous world of accounting as well as an extended understanding in the whole of business practice, providing the knowledge required to excel in senior management.

A combined Master of Professional Accounting (MPAC)/ Master of Business Administration (MBA) through the University of Newcastle has been designed for professionals aiming to further expand their career opportunities, readying themselves for senior management positions. With a focus on high level management capabilities as well as developing technical expertise and eligibility for the professional accounting bodies, the combined the MPAC/MBA arms  you with the high-level skills and "know-how" to succeed in accounting or senior management roles. These skills are transferrable to organizations of all sizes in the public, private or not-for-profit sectors.

Explore this page and find out if the MPAC/ MBA is for you, what you will study and the career opportunities it can provide you.

Is it for you?

Are you seeking a fulfilling and rewarding career in accounting and are working up the corporate ladder? In the dynamic world of professional accounting and business, employers are looking for highly qualified candidates with demonstrated high level financial analysis. A combined master’s degree in professional accounting and business administration will demonstrate your ability and dedication, as well as increasing your employability in professional management positions across many areas of business, particularly accounting. The advantage of undertaking a combined Masters is you will achieve two qualifications in less time to complete them separately.

The combined MPAC/ MBA focuses on building accounting knowledge to be eligible for admission to the professional accounting bodies as well as furthering understanding of broader business functions including marketing, organization design, project management, strategic management and finance. This postgraduate qualification can be the key to your future career success or can provide you with the know how to leverage your business to new heights.

With a strategically based focus on meeting the requirements for admission into the professional accounting bodies as well as developing business management capabilities the combined MPAC/ MBA will leverage your career potential.

Upon graduation you will be eligible to join the CPA and the ICA as well as having developed a comprehensive understanding of extended business functions. This program provides students with the opportunity to develop practical skills by applying their knowledge to real-world problems. This postgraduate qualification will improve your career potential, while providing you with the flexibility to study at a pace that suits the demands of your life.

To find out more about what you will study, visit the 'study' tab.


Today, modern businesses require expertise in accounting and financial analysis for day to day operations and forecasting. The Master of Professional Accounting/Master of Business Administration aims to equip graduates with the skills to conduct such analysis as well as developing superior organisational understanding. In combination these skills will be highly applicable in meeting the demands of senior management positions with confidence and conviction.

You will develop an advanced understanding and application of professional accounting and also be eligible for admission into the professional accounting bodies. You will learn to understand and apply well-established theoretical management and financial management frameworks and practical business skills which are transferable to all areas of business - including the ability to effectively manage, solve financial problems and communicate business recommendations to a professional audience, manage a team, and manage your time at an advanced level.

Students will undertake studies in the following areas:

  • Managing Under Uncertainty
  • Globalisation
  • Organisational Behaviour and Design
  • Marketing Management and Planning
  • Human Resource Management
  • Strategic Management
  • Corporate Governance and Responsibility
  • Accounting Information Systems
  • Financial Accounting 1
  • Management Accounting
  • Auditing and Assurance Services
  • Business Finance
  • Financial Accounting 2
  • Financial Accounting 3
  • Taxation Law
  • Economics
  • Business Decision Making
  • Business Law
  • Company Law

Students will choose two electives from the following areas of study:

  • International Business
  • Marketing
  • Human Resource Management
  • Applied Finance

To find out more about where the Master of Professional Accounting/Master of Business Administration can lead you, visit the 'careers' tab.


Studying a combined Masters will open opportunities in a wide variety of industries with organisations looking to tap into your wealth of knowledge and expertise in a number of areas.

A qualification that provides professional accounting credentials and develops management skills in a variety of business functions will be highly relevant to organisations of all sizes in the public, private or not-for-profit sector.

The program content focuses on developing an understanding of accounting and is accredited by the  Institute of Chartered Accountants in Australia (ICAA) and  CPA Australia, preparing graduates for challenging but highly rewarding careers in financial services and accounting. The program also develops a deeper understanding of developing and implementing business strategy and various business functions, which means graduates can pursue their career ambitions and increase their earning potential.

The MPAC/MBA qualification will equip you will the skills and knowledge to approach management problems with confidence and conviction leading to highly rewarding careers in senior management.

For more detailed information on eligibility, courses and requirements of the MPAC/MBA, visit the ‘details’ tab.

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