Why an MBA? Accessible. The Program has been designed for busy professionals and is available through FEE-HELP.
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1 IPA PROGRAM
2 Welcome As an accounting professional, you know how important it is to continually raise the bar. The IPA acknowledges this which is why we have launched the IPA Program, culminating in a Master of Business Administration (MBA). Through our partnership with Deakin University you can receive your MBA in half the time and at half the cost. The IPA Program will open a world of opportunity from Board positions, to enhancing services for your clients and businesses to receiving due academic recognition for your standing in the community. Deakin s MBA has been offered for over 30 years and is one of Australia s premier business qualifications. It has been ranked among the Top 25 MBA offerings globally and as one of the best MBA s in Australia. Why an MBA? Higher Salaries. A recent study published in the Financial Times has shown that the average salary of an MBA graduate after three years increases by 12%. Employers report that professionals holding an MBA have a higher level of credibility, they are extremely confident and able to influence other workers. The MBA has a high level focus on creating business leaders. The activities you ll be involved in force you to interact with people and, in turn, grow as a person. The MBA is case-study driven and shaped around your business strategic direction. This provides a real value add to your business, your clients or your employer. Accessible. The Program has been designed for busy professionals and is available through FEE-HELP. Education standards globally continue to escalate and become more challenging. Market competition has a lot to do with this as the populous become more demanding for products, services and solutions in a faster, less expensive and more effective way. As a profession we see this as inevitable and urge our members to embrace technological change which is an every-day occurrence in a fast-paced world. We look forward to welcoming you to the IPA Program where you will transform into a strategic business advisor. Yours sincerely, Prof Andrew Conway Associate Prof Colin Higgins FIPA FFA MBA Director IPA Chief Executive Officer Deakin University Introduction Our IPA Program, jointly designed and delivered in partnership with Deakin University, exposes you to new concepts and ideas, improves your ability to critically analyse information, and the ability to provide valuable strategic advice to your clients. The content is highly relevant to the current business issues you and your clients face in today s economy. The IPA Program has been designed with your priorities and lifestyle in mind. With no classes to attend and all units delivered online, you can study at your own pace. The course content is updated regularly and reflects the latest developments that affects the accounting profession and the world of global commerce. The Program features an MBA unit designed exclusively for IPA members, focusing purely on strategic advice for the small business sector a unit that cements your status as a leading business advisor.
3 The Deakin MBA Program Structure The Deakin MBA is one of Australia s premier business qualifications. Their online MBA program was ranked among the Top 25 MBA offerings globally, and is ranked as the best MBA in Australia. Five reasons to choose Deakin MBA 1 Internationally recognised excellence Deakin s MBA is EPAS-accredited by the European Foundation for Management Development. Plus, the Deakin Business School is accredited by AACSB International, the longest serving global accrediting body for business schools in the world. 2 Highly flexible With the ability to study the Program from anywhere in the world, the innovative online learning platforms, DeakinSync and CloudDeakin, provides you with a program that is highly visual, media-rich and interactive. 3 Industry experience You ll be studying with working professionals; 92% of the current students are working full-time while they study. Deakin s teaching staff are internationally-recognised researchers and the core units are supported by industry adjuncts working managers who make critical business decisions every day. Program at a glance Stage 1 Ethics, Governance & Fraud Professional Research and Analysis Accounting Standards & Practice Strategic Management Accounting Assurance & Audit Services Applied Business Finance AIPA embarks on the journey of IPA Program Stage 1 - Pathways Program Stage 2 Business Process Management Marketing Management People Management Principles of Leadership Strategy Capstone Managing for Growth of SMEs Advance to MIPA Award Be awarded an internationally recognised MBA, at half the time and half the cost. Achieve MBA degree Advance to FIPA Stage 2 - Deakin University MBA The first six units have been designed to accommodate the needs of our Associate members (AIPA) who are working towards applying for Member level of membership. If you re a Member (MIPA) or Fellow (FIPA) of the IPA, you can join the MBA component of the IPA Program immediately. 4 Networking and support Throughout your studies in the IPA Program you ll have access to career counsellors and be provided with the opportunity to network with Deakin MBA alumni. Deakin offers a tailored Career Development Program, an active Deakin MBA Alumni Chapter and regular networking and professional development events. 5 Experiential learning Learn by doing. Some of the subjects available can be done via a residential intensive at the Deakin Geelong campus enabling you to test your new management skills in a realworld environment. These subjects cover the refining of your accounting and finance skills. While you re studying, you can take part in our Mentored Experience Program which allows you to gain the required three years of accounting experience. Following the successful completion of the first stage of the IPA Program, Associate members then advance to full membership of the IPA and you can commence the Deakin MBA, the second stage of the IPA Program. A standard MBA covers 12 units of study, however Deakin has approved MIPAs and FIPAs to qualify for 50% recognition of prior learning - reducing the units you need to study from 12 down to six. This will save you significant time and money and recognises your experience and contribution that you re already making to the profession. Designed with your busy lifestyle in mind, we offer you the ability to complete some of these MBA units in just six days, through Deakin s unique residential MBA classroom workshops, based in Geelong. This is a great way to start and finish a unit in a single week, and fast track your MBA completion. The subjects in the MBA are highly strategic in nature, and are geared towards enhancing the way you communicate with your audience in clear, consistent and effective forms of strategic advice.
4 2018 Stage 1 Pathways Program Availability Unit Availability Unit Code Unit Name Trimester 1 Trimester 2 Trimester 3 Deakin University offers their teaching periods as trimesters. Below are the dates for the trimesters in You can enrol at any time before the teaching commencement date. Trimester 1, 2018 Teaching commences Monday 5 March, 2018 Trimester 2, 2018 Teaching commences Monday 9 July, 2018 Trimester 3, 2018 Teaching commences Monday 5 November, 2018 IPA001 IPA002 IPA003 IPA004 IPA005 IPA006 Ethics, Governance and Fraud Professional Research and Analysis Accounting Standards and Practice Strategic Management Accounting Assurance and Audit Services Applied Business Finance Start anytime unit Deakin University gives enrolled students the opportunity to kick-start MBA710, Business Process Management unit at regular times throughout the year, allowing you to bypass traditional trimester enrolment dates. You can enrol into this unit at the following dates in 2018: 21 May June July August September October November Stage 2 MBA Availability Unit Code Unit Name Trimester 1 Trimester 2 Trimester 3 MBA710 MBA720 Business Process Management Marketing Management MBA721 People Management MBA730 Principles of Leadership MBA731 Strategy Capstone Intensive residential option MBA701 Managing for Growth of SMEs Deakin University also offers residential options for some MBA units. This allows you to complete these units in an intensive six day period. This is an excellent opportunity to complete the MBA in the fastest time frame possible. Unit Code Unit Name Dates Location MBA721 People Management November 2018 Deakin, Geelong Campus MBA730 Principles of Leadership June 2018 Deakin, Geelong Campus MBA731 Strategy Capstone April - May 2018 November 2018 Deakin, Geelong Campus To find out more about each of the units, visit publicaccountants.org.au/ipa-program/units
5 IPA Program Fees Stage 1 - Associate Pathway Designed for AIPA members, the current fee per unit is priced at $1,220 and you may be eligible to claim the tuition fees as a work-related self-education expense on your tax return. This first stage of the IPA Program is not eligible for FEE-HELP. Stage 2 - MBA Degree The tuition fee for Stage 2 is $4,215 per subject for 2018 enrolments. If you are a full fee student, you may be eligible to claim the tuition fees as a work-related selfeducation expense on your tax return. This stage of the IPA Program is eligible for FEE-HELP, the Australian Government s loan program. Candidates must be Australian citizens to take advantage of this offer. How much can I borrow? You can borrow up to the FEE-HELP limit to pay your tuition fees. The FEE-HELP limit is the total amount available to you under the FEE-HELP and VET FEE-HELP/VET Student Loans schemes over your lifetime. In 2018, the general FEE-HELP limit is $102,392 for most students. The FEE-HELP limit is indexed on 1 January each year. Once you have reached the FEE-HELP limit, you can no longer use FEE-HELP to pay your tuition fees. Repaying my FEE-HELP Loan If you get a FEE-HELP loan, you will have a legal obligation to the Government to repay your debt. Your debt is repaid through the tax system once you earn over a certain amount. In the income year, you must make a compulsory repayment once your income is $55,874 or above. Your debt is indexed each year to maintain its real value. For more information on FEE-HELP, visit FEE-HELP FEE-HELP is a Government loan scheme that helps eligible higher education students enrolled in fee paying places pay their tuition fees. Am I eligible for a FEE-HELP Loan? To be eligible for FEE-HELP, ALL the requirements below must be met. You must: meet the citizenship* and residency* requirements, undertake study with an approved higher education provider listed on Study Assist at be enrolled in a fee paying place for an eligible unit of study by the census date, meet the tax file number (TFN)* requirements, read the FEE-HELP information booklet (available on studyassist.gov.au/studyassist), submit a valid Request for a FEE-HELP loan form for your unit(s) of study by the census date, and have not exceeded the FEE-HELP limit.* *Check the requirements in the booklet on the Study Assist Website.
6 How to Join the IPA Program To enrol in any unit of Stage 1 or Stage 2 of the IPA Program, you will need to complete the relevant enrolment form, available on publicaccountants.org.au/ipa-program/enrol. Once we ve received your enrolment, we ll send you a tax invoice detailing your payment and a confirmation for Stage 1 or MBA units. Testimonials George Jose Manager at Ernst and Young The Deakin MBA has improved my credibility, confidence and ability to influence others. The activities and assignments encouraged me to interact with people and, in turn, grow as a person. Need help enrolling? If you have any questions about the IPA Program, we re here to help. Get in touch with us via one of the following methods Telephone: (03) pathways@publicaccountants.org.au Sugandhika Kaul Commercial Account Manager at Abbot Coming from an engineering background, analytical and logical thinking are my strong areas but working in sales over the years has also developed my relationship-building skills. The course has helped me leverage my strengths but also develop skills that I was lacking. Tracey Lefebure Merchandise Manager at Bunnings I wanted to enhance my learnings from an overall business perspective and boost the skills that I was underutilising, such as corporate financials. I chose to study at Deakin because the MBA program was recommended to me as a well-constructed course with a strong leadership component that also facilitated business networks.
7 Institute of Public Accountants Head Office Level 6, 555 Lonsdale Street, Melbourne Victoria 3000 Australia t f e headoffice@publicaccountants.org.au w publicaccountants.org.au IPA Divisional Offices are located in the following cities: Melbourne Sydney Canberra Brisbane Adelaide Hobart Perth Kuala Lumpur Beijing London For enquiries within Australia call International enquiries can be directed to IPA Head Office. Digital Hub: pubacct.org.au
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