Master of Accounting and Finance



Master of Accounting and Finance

KPT/JPS (R2/344/7/0153) (A8814) 06/23

Professional accountants are increasingly being appointed to helm large corporations in a rapidly challenging and highly dynamic business environment in both the private and public sectors. With a clear mandate from government and industry regulators to enhance business performance, accountants have taken up key positions in the corporate world, expanding their expertise into other service industries such as in ICT, transportation and aviation and many other areas.

The MAF aims to provide the theoretical framework and skills which accountants and financial managers need in order to cope with an increasingly complex and global accountancy environment. The programme provides an advanced study of accounting and financial management enabling accounting and finance graduates to extend their academic training to the frontiers of professional knowledge and also enabling professionally qualified accountants to take stock of, and enhance, what they have learnt in practice. Qualifying candidates with the MAF may be acceptable for up to three (3) exemptions for the CPA Australia professional examinations; students are advised to confirm the status of this CPA exemption when they register for both the MAF and professional examination.

Introductory Case & Research Methodology (non-credit subject)

MCR 500

Core Subjects (11 units)
Corporate Governance and Accountability
Financial Reporting and Disclosure
Current Issues in Financial Accounting
Reporting and Professional Practice
Business Economics
Case and Research Methodology

ACC 511
ACC 514
ACC 515
ACC 516

Corporate Finance
Investment Analysis
Financial Planning for Entrepreneurs
International Financial Management
Project Paper

FIN 501
FIN 502
FIN 503
FIN 504

Management Electives
currently offered
Other Accounting and Finance Electives
– available when subject(s) offered
Business Ethics Accounting for Managerial Decisions
Business Analysis
Money and Capital Markets
Portfolio Construction & Risk Management

ACC 512
ACC 513
FIN 505
FIN 506


18 months


Open-book Exam (20%) + Closed Book Exam (10%) + Assignment I (30%) + Assignment II (40%), with such variation as and when by the ELM Graduate School Academic Board

A Bachelor degree in accounting/finance/related disciplines from a recognized University with a CGPA 2.75, preferably with adequate industry experience; those with a CGPA of less than 2.75 but with 5 years relevant working experience are also admissible.

April and October with course registration and commencement open throughout the year.

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