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The degree programs offered by the Australian School of Business are recognised by professional organisations in accordance with the details set out below: Australian Computer Society (ACS)
Australian Securities and Investment Commission (ASIC) CPA Australia Institute of Public Accountants (IPA) The Financial Services Institute of Australasia (FINSIA) The Institute of Actuaries of Australia The Institute of Chartered Accountants in Australia (ICAA) Australian Computer Society (ACS) The following qualifications in Information Systems have been accredited by Australian Computer Society (ACS) for its provisional membership at the Professional Level.
Master of Commerce (Information Systems and Management) (Prior to 2005) The basis for accreditation is satisfactory completion of the full requirements for the program plus either
Master of Commerce (Information Systems) (2005 onwards)
The basis for accreditation is satisfactory completion of the following core courses
Conditions of Accreditation
The course is accredited as a whole course and the accreditation may not extend to when undertaken by students who are granted advanced standing, credit(s) or exemption(s) by the institution. A course undertaken by a student granted advanced standing, credit(s) or exemption(s) will only be regarded as the accredited course where, in the opinion of the Society, credit(s) or exemption(s) are given for equivalent subjects (particularly in terms of Information Technology content) taken at an equivalent educational level in a institution of equivalent academic standing. Further information on membership grades and membership benefits can be found on ACS website www.acs.org.au Australian Securities and Investment Commission (ASIC) The Master of Finance, Master of Financial Analysis, Master of Commerce programs (depending on the specialisation chosen) have been approved by the Australian Securities and Investment Commission (ASIC) authorised assessors as meeting ASIC’s training requirements in relation to RG146 Tier 1 qualification in the following specialist knowledge areas:
For ASIC compliance against the stated specialist knowledge areas, students must complete the following courses:
Accreditation of FINS courses with ASIC (RG146) and the Financial Planning Association will further assist graduates to find employment and begin the path to achieving Certified Financial Planner (CFP) status.
Further information on becoming a CFP professional can be found on FPA website www.fpa.asn.au CPA Australia has accepted UNSW as an approved tertiary institution for the purpose of its membership qualifications.
Graduates who complete the Master of Professional Accounting or the Master of Professional Accounting (Extension) may be eligible for associate membership of CPA Australia. Although the programs are accredited, CPA Australia assesses every applicant for membership requirements, which include a rule that each applicant must hold a degree which is considered comparable by the National Office of Overseas Skills Recognition (NOOSR) to an Australian Bachelor's degree. If requested, CPA Australia will provide an assessment of an overseas qualification. Students seeking professional recognition are advised to confirm membership requirements with CPA Australia www.cpaaustralia.com.au Institute of Public Accountants (IPA) The Accounting programs of UNSW are accredited by the IPA. Graduates who complete the Master of Professional Accounting or Master of Professional Accounting (Extension) will meet the body’s core knowledge requirements.
The Financial Services Institute of Australasia (FINSIA) Graduates from the following financial and accounting postgraduate programs may be eligible for membership with FINSIA: Master of Finance, Master of Financial Analysis, Master of Professional Accounting and Master of Commerce (depending on the specialisation chosen).
Also, Business graduates can apply for advanced standing if they chose to do FINSIA education programs (eg. Postgraduate/Diploma/Certificate). Students are encouraged to seek further information from the FINSIA website www.finsia.edu.au The Institute of Actuaries of Australia The UNSW actuarial program is fully accredited by the Institute of Actuaries of Australia and recognised for exemptions by the Institute of Actuaries (London) for the Core Technical subjects. To qualify as an actuary in Australia requires the completion of, or exemption from, subjects in the professional syllabus of the Institute of Actuaries of Australia.
Qualification as an Associate of the Institute of Actuaries of Australia (AIAA) is attained on completion of the courses in Parts I and II. Qualification as a Fellow of the Institute of Actuaries of Australia (FIAA) requires the completion of subjects in Parts I, II and III of the professional actuarial examinations. Part I and Part II of the professional examinations are covered in the Master of Actuarial Studies program. No exemptions are available from the Part III examinations. Part III consists of modules completed by distance education through The Institute of Actuaries of Australia usually on a part-time basis after completing the Part I and Part II subjects. The following courses at UNSW will correspond to the Part I and Part II subjects of The Institute of Actuaries of Australia professional examinations
Other Professional Recognition
The Faculty of Actuaries and the Institute of Actuaries in the UK offer exemptions from the equivalent subjects in their syllabus if students have obtained exemption through the Institute of Actuaries of Australia. This covers only Part I subjects. However, Fellows of the Institute of Actuaries of Australia can obtain Fellowship of the Institute of Actuaries (London) if they wish to practice in the UK or Europe. Students who have completed an actuarial studies major and obtained exemptions from the Part I subjects of the Institute of Actuaries of Australia can apply for waivers of some of the examinations of the Society of Actuaries (North America), under VEE credit. Fellows of the Institute of Actuaries of Australia can apply for admission as an Associate of the Society of Actuaries if they wish to practise in North America. Fellowship of the Institute of Actuaries of Australia (FIAA) is recognised by local actuarial societies in Hong Kong, Singapore, Malaysia, New Zealand and Japan. The actuarial societies in Hong Kong, Singapore and Malaysia do not conduct their own examinations. For more information, please go to Institute's website at www.actuaries.asn.au The Institute of Chartered Accountants in Australia (ICAA) Various accounting courses at UNSW are accredited by the ICAA. Graduates who complete the Master of Professional Accounting or the Master of Professional Accounting (Extension) are eligible to enter the Chartered Accountants Program.
For further information see www.charteredaccountants.com.au. Home | A Message from the Dean | Australian School of Business Information and Assistance | Schools and Disciplines | Professional Recognition of Programs
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