Professional Recognition

Professional recognition

Professional recognition is the formal acknowledgement of your professional status, and in some cases, gives you the right to practice in the profession of your choice. Many of our degrees meet the criteria for accreditation, exemption or membership with relevant professional institutions or industry bodies.

If you’re interested in a particular membership, make sure you’re studying the appropriate course as detailed below. Our course advisers can help you make sure that the units you select will qualify you for membership of the organisation that represents your profession. It’s also a good idea to contact professional bodies directly to talk about membership and entrance requirements. Some double degrees may enable you to be eligible for membership of more than one professional body, which may not be listed below.

The Monash Accountancy major in the Bachelor of Business and Commerce program meets the Professional Accounting Accreditation Guidelines in Malaysia. These guidelines cover the technical and professional competency areas and learning outcomes set by professional accounting bodies.

A Monash Accounting undergraduate degree may give you membership or entry to the following bodies:

  • Association of Chartered Certified Accountants (ACCA)

  • Certified Practising Accountant (CPA) Australia

  • Institute of Chartered Accountants in England and Wales (ICAEW)

  • Chartered Institute of Management Accountants (CIMA)

    • CIMA offers up to 8 (Certificate and Operational level) paper exemptions and students have to only sit for 8 papers starting from the Management level of the CIMA Qualifications framework.
    • A-Star programme CIMA offers a fast-track pathway for Bachelor level students who gain a distinction or above-average mark in their undergraduate bachelor degree. The A-Star programme is a unique one-exam pathway for you to become a Chartered Global Management Accountant (CGMA) designation holder. Successful candidates will be invited to attend an intensive workshop conducted by CIMA trainers to help prepare for the Strategic Case Study exam. Upon successful completion of this exam and successful membership application, you will qualify for CIMA membership and earn the professional global designation of Chartered Global Management Accountant CGMA.
    • School Liaison Officer - Dr Puspavathy Rassiah - puspavathy.rassiah@monash.edu
    • School Liaison Officer - Dr Kaveh Asiaeikaveh.asiaei@monash.edu
  • Malaysian Institute of Certified Public Accountants (MICPA)

    • MICPA - Entry into the Advanced Stage Examination is for those who have obtained an accredited degree in Bachelor of Business and Commerce and are exempted from the Professional Stage Exemption. The Advanced Stage Examination (ASE) of the MICPA Programme is a unique collaboration between MICPA and the Chartered Accountants Australia and New Zealand (CAANZ) which leads to 2 qualifications and memberships upon completion of the following components: ASE Modules and 3 years of mentored approved work experience with an Approved Training Employer.
    • School Liaison Officer - Dr Khakan Najaf - khakan.najaf@monash.edu
    • School Liaison Officer - Dr Sa'adiah Munir - saadiah.munir@monash.edu

The Banking & Financial Management Major in the Bachelor of Business and Commerce program may give you membership or entry to the following programs:

  • Chartered Financial Analyst (CFA) program of the CFA Institute

    • The CFA University Affiliation Program recognizes academic institutions that incorporate at least 70% of the CFA® Program Candidate Body of Knowledge (CBOK) with emphasis on the CFA Institute Code of Ethics and Standards of Professional Conduct into their curriculums. Through cooperation with universities around the world, CFA Institute seeks to promote ethics-based investment education in university degree programs aimed at developing investment professionals.

    • Our undergraduate students at Monash benefit from the CFA UAP designation most directly by being eligible for a limited number of scholarships that waive registration fees and a portion of the enrollment fee for the relevant CFA exam.

    • For more information about CFA UAP, refer here.
  • Chartered Market Technician (CMT) Association Academic Partner Program
    • The Chartered Market Technician® (CMT) credential is the preeminent, global designation for practitioners of technical analysis. The designation is awarded to those who demonstrate mastery of a core body of knowledge of investment risk in portfolio management settings.

    • The Academic Partner Program helps academic institutions to:

      • Augment technical analysis curriculum with CMT Association’s globally recognized body of knowledge.

      • Prepare students for market facing and customer facing roles in the financial services industry.

      • Signals that the institution maintains the highest standards of academic rigor, professional practice and a commitment to students’ career readiness and applied learning.

    • Our undergraduate students at Monash benefit from the Academic Partner Program scholarships if they take CMT Program Level 1 and Level 2 examinations.

    • For more information about the CMT Academic Partner Program, refer here.

The Business Analytics Major in the Bachelor of Business and Commerce program gives you recognition by the the following industry partners:

  • SAS Academic Specialization Program
    • The SAS® Academic Specialization Program allows universities to integrate SAS into their curricula and prepare students for analytics careers.
    • Graduating students in the Business Analytics major will be eligible for a Tier 1 SAS Academic Specialisation and will earn a SAS Academic badge with co-branded logo of Monash University Malaysia. View the co-branded badge here.
    • For more information on SAS Academic Specialization and for the full list of recognised programs, refer here.