Bachelor of Accounting

RMIT University

Programme Overview

Academic Level
Academic Level

Bachelor's Degree,

Awarded by
Awarded by

RMIT University, Australia

Programme type
Programme type

Full-time, 2 to 3 years

Campus location
Campus location

SIM Campus

Application Dates
Application Dates

13 Jan to 28 Apr 2024

Estimated Fees (incl. GST)
Estimated Fees

(incl. GST)*

S$33,066.24 to S$54,936.00

* Exclude application fee, preparatory or bridging course fee, and other fees. Refer to the Fees & Financial Aid section for details.

Programme Outline

Awarded and developed by: RMIT University, Australia

Advance your professional career in accounting

This degree provides you with the skills and knowledge you need to succeed in the business world. 

You will start your accounting education journey with four foundation subjects that will introduce you to the key issues currently facing industry, and supplement these with disciplinary and cross-disciplinary study.

This programme helps students develop an understanding of the technical and social aspects of accounting.

Accounting involves the systematic recording, reporting and analysis of financial transactions, and students will discover the importance of applying such specialised business-related knowledge guided by ethical, environmental, cultural and social considerations.

You will acquire technical skills and other broad-based knowledge for an outstanding career in accounting and related fields.
 

The accounting programme is one of RMIT’s most successful. It reflects the university’s innovative and rigorous approach to accounting education that encourages flexible and independent thinking on the student’s part.
  
The Bachelor of Accounting programme is accredited by CPA Australia, Chartered Accountants Australia and New Zealand (CAANZ) and the Chartered Institute of Management Accountants (CIMA).

learning-outcome

Learning Outcomes

Upon successful completion of this programme, you will:

  1. Develop an understanding of the technical and social aspects of accounting.
  2. Discover the importance of applying such specialised business-related knowledge (systematic recording, reporting and analysis of financial transactions) guided by ethical, environmental, cultural and social considerations.

Further Studies and Career Opportunities

Graduates are eligible to apply for entry and receive exemptions into the CPA Australia, Association of Chartered Certified Accountants (ACCA) qualification programmes.  Graduates may further their studies in the RMIT Masters programmes.
 

Graduates can advance in a variety of careers, including positions in public accounting practices, supporting staff teams in auditing, taxation, management consulting, business services and receivership.

Others may be recruited into commercial and government organisations in treasury, internal audit, strategic business planning, financial reporting and management accounting roles.

Employment opportunities span a variety of roles in many different settings, including:

  • reporting to senior management on the resources of an organisation
  • monitoring the cash flow of an organisation
  • advising businesses on strategies for increased profit
  • providing financial advice
  • preparing financial reports, reconciling accounts and maintaining registers and records
  • evaluating business plans
  • refining financial systems
  • providing taxation advice
  • running a small business

As a RMIT student, you have free access to RMIT micro credentials and mentoring support to help build skills to improve your employability, career outcomes, and life skills.

Please click here for Micro-Credentials.  RMIT Creds are a suite of industry-relevant digital certification to help you develop skills and capabilities for life and work.

 SIM students can sign up as mentee via this link here for Career Mentoring programme.
 

Hear from our students
Calvin-Ho
Calvin Ho

Bachelor of Business (Accountancy), RMIT University

A Turning Point

Read story

Why study at SIM x RMIT University

rmit-leading-pvt-ins
SIM is the leading private education institution in Singapore.
rmit-excellent-value
Excellent value with lower tuition costs in SIM, with opportunities for overseas exchange.
rmit-courses-codesigned
RMIT courses are co-designed with industry to give you the practical skills needed to succeed in the workforce.
rmit-offers-campuses
RMIT offers campuses in Melbourne and Vietnam, and over 200 exchange partners across Europe, Asia and North America.
Learn more about RMIT University

Intake Dates (Full-time)

Jul 2024 Full programme 

PROGRAMME DURATION

3 years (01 Jul 2024 to 30 Jun 2027)

APPLICATION PERIOD

13 Jan to 28 Apr 2024 (local and international applicants)

Jul 2024 Advanced 1

PROGRAMME DURATION

2.5 years (01 Jul 2024 to 31 Dec 2026)

APPLICATION PERIOD

13 Jan to 28 Apr 2024 (local and international applicants)

Jul 2024 Advanced 2

PROGRAMME DURATION

2 years (01 Jul 2024 to 30 Jun 2026)

APPLICATION PERIOD

13 Jan to 28 Apr 2024 (local and international applicants)

Intake Dates (Part-time)

Not Applicable

Not Applicable

PROGRAMME DURATION

Not Applicable

APPLICATION PERIOD

Not Applicable

Not Applicable

PROGRAMME DURATION

Not Applicable 

APPLICATION PERIOD

Not Applicable

Not Applicable

PROGRAMME DURATION

Not Applicable

APPLICATION PERIOD

Not Applicable

The maximum period allowed to complete the programme is:

For Full-time:

•    Full programme (24 modules): 4.5 years 
•    Advanced 1 (17 to 20 modules): 4 years 
•    Advanced 2 (12 to 16 modules): 2.5 – 3 years 

 

Students who fail to complete the programme within the candidature period will not be entitled to refund.

Those who exceed their candidature period will not be allowed to remain in the programme unless an extension to the candidature period is approved by the University.

Curriculum

Structure

  • The mode of delivery is classroom learning.
  • The programmes focus on both the theory obtained in the classrooms, while students develop an understanding and the confidence to be effective in practice. Beside lectures, students do case studies, problem-solving exercises, projects and self-managed learning activities.
  • You may work independently or in a team to conduct research, solve problems, analyse and respond to case studies, prepare or respond to briefs, write original research or case study reports, or participate in managing a company in a computer-based business simulation. 
    This style of learning is designed to provide an environment where you can ask questions and seek feedback as well as contribute to class discussion and apply theory to practice.
     
  • RMIT engages Singapore-based lecturers who demonstrated professional and academic competence. They are supported by RMIT Academic Staff who regularly visit Singapore for consulting, monitoring the programme, moderating assessment and intensive teaching sessions.
    View a list of lecturers’ teaching modules (PDF 106 KB)
  • All lectures are held at SIM Headquarters, 461 Clementi Road, Singapore 599491.
  • Class requires a minimum of 50 students to commence.
    In the event that the above minimum number is not met, the intake will not commence. Students will be informed within 30 days before class commences.

For Full-time Programme:

  • Lectures are normally conducted by both RMIT Academic Staff and Local Lecturers.
  • Average teacher:student ratio is 1:77.
  • Full-time lectures are typically of 3 hours duration per session with 10 to 15 minutes break, which are held in the mornings or in the afternoons on weekdays.

 

Assessment & Attendance

  • Assessments vary from module to module. Students are normally assessed by continuous assessments in the form of mid-term class tests, individual and group assignments and projects, case studies discussion and class presentations.
  • Most modules have a final examination at the end of semester.
    • The examinations are held between late April and mid-May for semesters commencing in January and between late October and mid-November for semesters commencing in July.
    • The examinations are scheduled on weekdays and Saturdays, in the mornings and afternoons.
  • Students are usually allowed to repeat a module once only. For advanced modules with pre-requisites, students are required to satisfactorily meet the pre-requisites before undertaking the modules.
  • Attendance requirement:
    • Local students: 75%
    • International students: 90%

Requirements to Graduate

Students will be considered as being eligible for the award of Bachelor of Accounting when they have satisfactorily completed all academic requirements of the programme as detailed in the programme structure.

Connect with industry

Our courses are designed alongside industry to ensure you build the practical skills you need to succeed at work. Learn from experts and benefit from a curriculum influenced by industry trends.

We have partnerships with leading organisations like Adobe, L’Oreal and Singapore Red Cross to make sure your education is relevant and connected to the needs of industry.

RMIT-Industry-Logo-03-Jan_re-testing_png-(1).png

Modules

To be awarded the Bachelor of Accounting degree, student must complete, or be exempted from completing (depending on their advanced standing status), a total of 24 modules comprising:

The completion of the four business foundation modules in the first year gives you the foundation that you need to succeed in your Accounting career path.

1.    BUSM2563 Understanding the Business Environment
2.    BUSM2568 Business Decision Making
3.    BUSM2573 Business in Society
4.    BUSM2578 Integrated Perspectives on Business Problems
 

1.   ACCT2060 Accounting in Organisations and Society
2.   LAW2446 Business Law
3.   ACCT2062 Financial Accounting and Analysis
4.   ECON1610 Economics and Quantitative Analysis
5.   ACCT2346 Accounting Data Analytics and Visualisation
6.   LAW2629 Company and Finance Law
7.   ACCT1068 Cost Analysis and Organisational Decisions
8.   ACCT1063 Managerial Advisory Finance
9.   ACCT1054 Financial Accountability and Reporting
10. LAW2465 Singapore Taxation
11. ACCT2119 Accounting, Behaviour and Organisations
12. ACCT1080 Critical Accounting Perspectives
13. ACCT1059 Auditing 

These may be made up of:

  •  A Business Minor and 2 Electives; OR
  •  6 Individual Electives

ACCT1029: Strategic Accounting and Leadership


The list of Business Minors available for selection include::
• Economics 
• Finance 
• Global Business 
• Logistics and Supply Chain 
• Management and Change 
• Marketing 
• People and Organisation 


View list of available Majors, Minors and Electives (PDF 120 KB)

View list of module outlines (PDF 466 KB)

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Admission Criteria

Accepted Entry Qualifications

Applicants will be assessed based on the following qualifications:

For Full Programme - 24 Modules
  • 3 GCE ‘A’ Level passes or
  • Minimum of 3 H2 level subjects with a pass or above

For Advanced 1 - 17 to 20 Modules
  • An RMIT approved non-cognate diploma from any of the local polytechnics 

For Advanced 2 - 12 to 16 Modules
  • An RMIT approved cognate diploma from SIM or any of the local polytechnics.
 

Other qualifications will be considered on a case-by-case basis by the university.

If an applicant does not satisfy the minimum entry requirement, the applicant may be able to satisfy the requirement if they can produce evidence of other equivalent qualifications or combination of qualifications and experience as assessed by RMIT University on a case-by-case basis.

Exemptions

Applicants holding qualifications other than a recognised diploma from SIM GE or a Singapore local polytechnic, should apply for advanced standing at the time of application.

On receipt of a credit application, RMIT will assess your previous study to determine if the body of knowledge and practice has changed significantly.

If the course content has changed significantly and you have not maintained sustained practice in the field of study, your application may be rejected.

Diploma holders from SIM GE or a Singapore local polytechnic

Holders of a recognised diploma from SIM GE or a Singapore local polytechnic will be granted advanced standing in this Accounting degree.

Depending on the degree in which a student enrols:
•    Diplomas categorised as cognate diplomas are granted 8 to 12 exemptions.
•    Diplomas categorised as non-cognate diplomas are granted up to 4 to 7 exemptions.
 

For details on diplomas groups and applicable credit, visit the RMIT website

Equivalent International Qualifications

View information on overseas qualifications (PDF 67 KB)

English Language Requirements

Applicants who have achieved one of the following qualifications/studies, where English is the language of teaching and assessment no more than two years prior to the RMIT program commencement date (unless otherwise advised), will meet the English language entry criteria to the program(s):

  • GCE ‘A’ levels at a Singaporean high school with
    • Minimum C or better in General Paper at AS / H1 Level; or
    • Minimum C grade in H2 subject (excluding language subjects and Mathematics and Music) for A level English – Singapore H2 (previously known as “A level” subject); or
  • SIM diplomas as approved by RMIT; or
  • Other RMIT approved local diplomas with duration less than 3 years; or
  • Candidates with 3-year full-time diploma qualification from a Singaporean Polytechnic, LASALLE College of the Arts, Nanyang Academy of Fine Arts or B.C.A Academy, within 5 years prior to the commencement of the RMIT programme; or
  • A minimum of one-year full-time study in an award equivalent to an Australian diploma, advanced diploma, associate degree, bachelor degree; or
  • One semester full-time of a postgraduate qualification (equivalent to an Australian graduate certificate or higher).

Note:
Applicants will be deemed to have met the English Language criteria with no time limitation; if they have completed one of the abovementioned qualification/studies and have a minimum of 6 years primary/secondary studies of which a minimum of 2 years of this study was undertaken at secondary / senior secondary level, and where the studies were taught and assessed entirely in English from Singapore or other English-speaking country recognised by RMIT.

Learn more about recognised qualifications

All other applicants can meet the English language entry criteria through the completion of one of the following approved English language proficiency tests no more than two years prior to the RMIT program commencement date:

  • IELTS (Academic): 6.5 (no band less than 6.0);

  • TOEFL (internet-based test) – iBT: Overall score 79 (with minimum score of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing);

  • Pearson Test of English (Academic) – PTE(A): 58 (no communication band less than 50);

  • Cambridge English (Advanced CAE): 176 with no less than 169 in any component;

  • RMIT English Worldwide (REW) Advanced Plus or equivalent; OR

  • The completion of other equivalent qualifications, as approved by RMIT University.

 

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Fees & Financial Aid

Actual semester fees may vary depending upon exemptions granted and modules taken during each semester. Not all modules will be offered every semester.

First semester fees payable upon acceptance of offer. Subsequent semester fees payable before commencement of semester.

View all payment modes.

Programme Fees 

For Full-time Programme

Entry Route & Modules Required

Singaporeans & PRs

International Students

Full programme - 288 Credit Points
(24 modules in 3 years)
Fees are payable over 6 semesters

S$49,599.36

S$54,936.00

Advanced 1 - 240 Credit Points
(20 modules in 2.5 years years)
Fees are payable over 5 semesters

S$41,332.80

 S$45,780.00

Advanced 2 - 192 Credit Points
(16 modules in 2 years)
Fees are payable over 4 semesters

S$33,066.24

S$36,624.00

 

  • The fees quoted are based on S$172.22  (Local), S$190.75 (International) per credit point. (Amount reflected is rounded to the nearest cents). Fees are valid for Jul 2024 intake only.
  • Above fees are inclusive of prevailing GST and exclude textbooks.
  • Actual semester fees may vary depending upon exemptions granted and modules taken.
  • First semester fees payable upon acceptance of offer. Subsequent semester fees payable before commencement of semester.
  • Not all modules will be offered every semester.
  • For subsequent intakes, please visit website nearer the application period for updated information.

All fees inclusive of 9% GST (exclude textbooks / course materials).
 

Mandatory Fees

All fees inclusive of prevailing GST.

Student Development Fee

Applicable to all students embarking on a full-time Diploma or Undergraduate programme at SIM. This fee goes towards activities that will help in students’ personal growth and equip them with functional skills that enhance their employability. Payable with the programmes fees' first instalment.

S$512.30

International Student Induction Fee

A one-time fee payable by new full-time international students. This fee covers pre-arrival and arrival support, including activities to enhance the international student learning experience.

S$436

Application Fee

Payable for each application form that is submitted. Fee is non-refundable and non-transferable. The fee will be refunded fully only if the intake does not commence. Unpaid applications will not be processed.

Local applicants: S$98.10
From 1 May 2024 onwards: S$109.00

International applicants: S$490.50 
From 1 May 2024 onwards: S$545.00
(not inclusive of Student’s Pass application)