Reshape your business career with a speciality in professional accounting

Graduate Diploma in Professional Accounting (Level 7)

Overview
Details
Key Information for Students

Programme highlights

Do you want to become a Chartered Accountant?

If you already have a qualification from another institution, either in New Zealand or overseas, you can study the Graduate Diploma in Professional Accounting.

When you graduate, you will qualify for provisional membership of the College of Chartered Accountants of CAANZ or CPA Australia.

This qualification includes the practical experience and professional competence components you need to become a full member of these professional accounting bodies.

Download the programme guide

Programme guide PDF, 488.01 KB

Flexible study option

Fast-track your programme of study to graduate sooner

Your work experience or previous tertiary study may count towards achieving your qualification. Our Recognition of Prior Learning (RPL) programme is designed for those who already have on-the-job skills and knowledge, but want to take their career to the next level with a qualification.

With RPL we can measure and match your existing skills against credits in our courses – creating a tailored path of study that will not only save you money but also help you to complete your qualification faster. To learn more make an appointment to speak with one of our RPL facilitators by phoning 0800 62 62 52 or email enquiries@manukau.ac.nz.

Students who have completed an accounting degree or qualification outside of New Zealand and would like to continue studies towards professional accounting, please check your qualifications with Chartered Accountants of Australia and NZ (CAANZ). CAANZ will assess your application and confirm the programme of study required to complete the chartered accounting pathway.

Key facts

Start month(s)	October 2021 February, July 2022^# ^{#In 2022 we will be moving to semesters, subject to TEC approval.} See key dates
Study location(s)	MIT Manukau
Level	7
Domestic fees	Click here to see a list of domestic course fees See Key information for students
Youth Guarantee (fees-free*)	Not available Click here to find out more
Programme code	MN4443

Duration	Full-time for 1 year (34 teaching weeks^#), part-time available. _{The maximum time to complete this programme part-time is 4 years.} See Key information for students
Study method	Full-time, Part-time (daytime and evening classes)
Credits	120
International fees	NZD$21,700 (approx.)
Māori and Pasifika Trades Training Scholarship (fees-free*)	Not available Click here to find out more
Qualification leads to	MIT Graduate Diploma

MIT degree grads earn more^†

_{^†Independently analysed Government data shows that MIT degree holders have the highest employment rates in the country five years after finishing their degrees. They can also expect to be among the best paid. Explore your study options and become one of MIT grads who earn more.}

Entry requirements

Applicants must meet the following entry requirements:

Have successfully completed a Bachelor's degree; and
Have English language competence to undertake this programme which is taught and assessed in English. Any applicants whose first language is not English may be required to provide evidence of an overall IELTS (Academic) band score of 6.0 (with no score below 5.5 in speaking, reading, writing and listening) or equivalent.

Provisional entry

Students who have attained the age of 20 years and do not hold the minimum entry requirements for a programme or training scheme may be eligible to be enrolled. Such decisions must consider any applicable pre-requisites and will be made by the Head of School. Students who have not attained the age of 20 years and do not hold the required minimum entry requirements may also be eligible to be enrolled in exceptional circumstances where they can demonstrate capability for study at the required level. Such decisions must consider any applicable pre-requisites and will be made by the Head of School.

International students

Test your English level to help you plan.

Take our free online English test to get a basic indication of your English level. This will help you understand what programmes you can apply for and what preparation you may require before you start your programme of study.

Need IELTS?

Book your British Council IELTS test with us.

You will complete your test in one day, plus get free online tuition to help you succeed. We offer paper-based or computer-delivered IELTS. Choose computer-delivered IELTS and get your results in 3-5 days.

Programme structure

You will need to choose one of the following options to complete a Graduate Diploma in Professional Accounting. A minimum of five courses must be Level 7.

Option one

Five papers at Level 7 and three papers at Level 6.

Option two

Five papers at level 7, two papers at level 6 and one paper at level 5.

You will need to complete eight courses from the below based on your chosen option:

Level 5

143.505 Business Statistical Analysis (15 credits)

Gain a practical understanding of data analysis, spreadsheets, and how to present this data meaningfully in the form of graphs.

311.537 Introduction to Accounting (15 credits)

Learn the basics of accounting in a New Zealand business context; create and understand financial statements; and analyse business performance for small companies.

311.538 Accounting Practices (15 credits)

Learn essential accounting practices, including processing GST transactions, accounts payable, accounts receivable and using MYOB accounting software.

323.510 Commercial Law (15 credits)

Learn the fundamentals of the legal system as it relates to business, including liability, contract law and consumer rights.

341.576 Management (15 credits)

Understand and apply the factors that influence people and change management of an organisation.

371.514 Economics (15 credits)

Develop an understanding of elements of economic theory and how they relate to contemporary business issues, including exchange rates, international trade, and the relationship between market economics and regulation.

Level 6

311.646 Intermediate Financial Accounting (15 credits)

Gain an understanding of the regulatory and technical aspects of financial accounting, including the formation of new companies, analysis of financial reporting, and contemporary issues in accounting.

311.647 Intermediate Management Accounting (15 credits)

Build on the skills learnt in the Introduction to Accounting course, learning how to analyse and present management-accounting information to help an organisation make effective business decisions.

311.648 Taxation in New Zealand (15 credits)

Study the principles of accounting in the context of taxation and apply that knowledge of taxation rules to New Zealand businesses in a range of situations.

311.650 Introduction to Finance (15 credits)

Gain a practical understanding of financial management, capital budgeting techniques, asset management and analysis of short-term and long-term financing alternatives.

311.651 Auditing and Assurance (15 credits)

Learn about auditing and assurance processes, audit standards and frameworks, and current issues of auditing research.

323.607 The Law of Business Entities (15 credits)

Learn about, and demonstrate an understanding of, the legal requirements for the creation, operation and ending of different kinds of business entities.

578.605 Accounting Information Systems (15 credits)

Learn to design, implement and maintain accounting information systems; gain skills in spreadsheets, databases and accounting packages; and learn to create meaningful reports and flowcharts.

Level 7

311.728 Advanced Financial Accounting (15 credits)

Gain the skills necessary to operate in New Zealand’s financial reporting environment, preparing and presenting complex financial statements in the context of accepted modern accounting practice.

311.729 Advanced Management Accounting (15 credits)

Build on the skills learnt in Intermediate Management Accounting, learning advanced techniques to provide and evaluate accounting information, how it affects behaviour and how it contributes to strategic decision-making.

341.753 Industry Project Part A (15 credits)

You will carry out a project for a host organisation on a topic in a field allied to your graduate diploma by identifying a project, host organisation and presenting a proposal.

341.754 Industry Project Part B (30 credits)

Develop capabilities related to your chosen area of specialisation, in a “hands-on” immersion in industry practice. Enable you to apply your learning, test the relevance of academic theories to the workplace and reflect critically on this relationship between your academic study and industry practice. You will carry out a significant work assignment for the host organisation on a topic in a field allied to your major and present a project report in conjunction with an academic supervisor.

In addition, other courses may be selected from the Bachelor of Applied Management to make up 120 credits if necessary.

Key dates and timetables

To find the key dates and timetables of this programme, please view the business calendar.

Career opportunities

A Graduate Diploma in Accounting will give you a strong grounding for a variety of roles within businesses. Accounting is also integral to almost all management positions within any company.

If you wish to become a Chartered Accountant, and you have a degree in accounting but not all the requisite knowledge, you should pursue the CAANZ/CPA Accounting pathway on the Bachelor of Applied Management instead. For potential salaries visit careers.govt.nz.

Further training or study

Postgraduate study e.g: Master of Business Administration.

Key information for students

MIT Graduate Diploma in Professional Accounting (Level 7)

Entry requirements
Minimum requirements [?] Any minimum or preferred criteria for entry to this qualification.	Applicants must have Successfully completed a bachelor's degree and have basic accounting knowledge. AND Evidence of current knowledge of Accounting at an introductory level. AND Have English language competence to undertake this programme which is taught and assessed in English. Any applicants whose first language is not English will be required to provide evidence of an overall IELTS (Academic) band score of 6.0 (with no score below 5.5 in speaking, reading, writing and listening) or equivalent. Note: Students may need to complete more than one year of study (120 credits) in order to meet pre-requisite requirements for the level 6 and/or level 7 courses and to fully meet the body of knowledge requirements of the professional accounting bodies.
Detailed requirements [?] Click here for more information on any additional entry criteria for this qualification.	More information about entry to this qualification
Duration [?] The minimum amount of time it takes to complete this qualification.	1 Year

Tuition fees	Annual	Total qualification
Student fees [?] Annual: The annual tuition fees payable by a student to study this qualification, additional to what the government contributes. (This is an average based on recent course enrolments. Your fees may differ depending on your course selection.) Total qualification: The total tuition fees payable by a student to study this qualification, additional to what the government contributes. (This is an average based on recent course enrolments. Your fees may differ depending on your course selection.)	$6,151	$6,151
Government tuition subsidy [?] Annual: The average annual amount paid by government towards the tuition fees for this qualification, additional to what the student pays. (This is an estimate based on the fees subsidy paid by government to tertiary providers last year.) Total qualification: The average total amount paid by government towards the tuition fees for this qualification, additional to what the student pays. (This is an estimate based on the fees subsidy paid by government to tertiary providers last year.)	$6,413	$6,413
Total [?] Annual: The combined total of the annual amount paid by both the student and government towards the tuition fees for this qualification. (This is an estimate based on recent course enrolments and the fees subsidy paid by government to tertiary providers last year.) Total qualification: The combined total of the amount paid by both the student and government towards the total tuition fees for this qualification. (This is an estimate based on recent course enrolments and the fees subsidy paid by government to tertiary providers last year.)	$12,563	$12,563
Compulsory student services fee
Student loan information [?] Click here for more information on loans and allowances.	StudyLink
Student success
Successful course completions [?] The percentage of students who successfully completed courses towards this qualification last year.	97%
National graduate outcomes (3 years after completion)
Median earnings [?] The median represents the middle value for all earnings of young graduates who completed a qualification in this subject area at this level nationally. Earnings do not relate specifically to graduates who completed qualifications at this TEO.	$55,502
Earnings range [?] The range shows the upper and lower quartile values representing the one quarter point and three quarters point for all earnings of young graduates who completed qualifications in this subject area. Half of all graduates had earnings within this range.	$46,125 - $64,730
In employment [?] This percentage relates to young graduates who completed a qualification in this subject area at this level nationally and does not relate specifically to graduates who completed qualifications at this TEO.	87%
In further study [?] This percentage relates to young graduates who completed a qualification in this subject area at this level nationally and does not relate specifically to graduates who completed qualifications at this TEO.	3%
On a benefit [?] This percentage relates to young graduates who completed a qualification in this subject area at this level nationally and does not relate specifically to graduates who completed qualifications at this TEO.	1%
Note: all KIS information is the most recent available relating to domestic students only. Click here for more information about the Key Information for Students

_{Information is correct as at February 2021. Programme fees are based on a full-time student and may vary depending on your final selection of courses that make up your programme. To provide you with an indication of costs, the approximate fees quoted in this publication are based on the indicative 2021 fee structure. The indicative programme fees for 2021 do not include the Compulsory Student Services Fee (CSSF). The CSSF is an additional levy to your 2021 programme or course fees. Further information about the CSSF can be found here www.manukau.ac.nz/cssf. Programmes stated as eligible for free study in 2021 are based on the 2020 fee structure and subject to funding confirmation for 2021. All fees are in New Zealand Dollars. You will be advised of the current fees at the time of enrolment. All courses and programmes will proceed subject to numbers and academic approval. Manukau Institute of Technology Limited is accredited under the provisions of the Education Act 1989. International students must study in class and will not be able to enrol for online study options.}