Bachelor of Accounting

by | Feb 14, 2019

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UM’s Bachelor of Accounting programme is recognized both nationally and internationally. The program is recognized under the Schedule 1 Accountants Act 1967. Graduates of this programme are eligible to register as members of the Malaysian Institute of Accountants (MIA), subject to three years practical accounting experience, as stipulated in Part IV of the Accountants Act 1967.

Program Goal And Learning Outcomes

Aim of the Programme

To equip graduates with a practical and conceptual understanding of accounting methods and techniques, skills, leadership, ethical values and an appreciation of interdisciplinary links to accounting. The curriculum has been developed with the aim of preparing students for employment advancement in the fields of private or governmental accounting.

Professional Recognition

UM’s Bachelor of Accounting programme is recognized both nationally and internationally. The programme is recognised under Schedule 1 Accountants Act 1967. Graduates of this programme are eligible to register as members of the Malaysian Institute of Accountants (MIA), subject to three years practical accounting experience, as stipulated in Part IV of the Accountants Act 1967.

In addition, the programme is also recognised by other international professional accounting bodies. BAcc graduates from UM may get maximum exemptions from the following bodies:

  • MICPA The Malaysian Institute of Certified Public Accountants
  • ACCA The Association of Chartered Certified Accountants (UK)
  • CIMA The Chartered Institute of Management Accountants
  • CPA (Australia) Certified Practising Accountants Australia
  • ICAEW Institute of Chartered Accountants in England and Wales
  • CFA Chartered Financial Analyst Institute

UM is the first university in Malaysia to be accepted into the Internal Auditing Education Partnership (IAEP) programme by the Institute of Internal Auditors (IIA) Inc. USA. This programme was developed by IIA for the purpose of promoting and assisting educators who offer an internal audit education programme. The IAEP programme prepares students with the skills and knowledge to help them conduct basic internal audits immediately upon hire and also provides them with a foundation to begin preparing for the CIA® examination. Other benefits offered include free books, research collaboration and assistance and student internships at member organizations.

UM and CPA (Australia) have entered into an agreement to allow fourth-year students to take selected segments of the CPA programme. They will also be exempted from eight foundation courses. This will allow the students to get a head start in their professional accounting career.

UM in collaboration with ACCA and Sunway TES offers the ACCA qualification via the Structured Internship Programme. Eligible students who are selected are exempted from nine ACCA papers and are allowed to sit for the remaining five papers in the third and final year of their program. These students will be professionally qualified accountants upon completion of their degree.

UM in collaboration with ICAEW and Sunway TES also offers the ICAEW qualification via the Structural Internship Programme. Capable students who are selected are exempted from eight ICAEW papers and are allowed to sit for some of the remaining papers in the third and final year of their program.

Alternatively, students who wish to pursue a CPA (Malaysia) qualification can apply for the MICPA Students Sponsorship Programme (SSP) during their final year of study.

FBA is the only CFA Programme Partner in Malaysia. The CFA has been running the prestigious CFA programme for 50 years and the CFA Programme is deemed to be the gold standard for qualifications in investment and finance. As a CFA Programme Partner, CPA International recognizes three of the programs under the CFA Programme Partner Scheme; BBA (core in Finance and Banking), BAcc, and MBA (core in Finance).

Learning Outcomes of the Programme
  • At the end of the accounting program, graduates are able to:
  • Acquire knowledge in related accounting disciplines;
  • Apply concepts, principles, and techniques in related accounting disciplines;
  • Demonstrate awareness of social responsibility;
  • Demonstrate awareness of business ethics in a manner consistent with the    accounting profession;
  • Show the ability to communicate, lead and work in a team;
  • Solve accounting problems using a scientific approach;
  • Become life-long self-directed learners;
  • Apply managerial and entrepreneurial skills.
Career opportunity
  • Public Accountant
  • Commercial Accountant
  • Management Accountant
  • Information Consultant
  • Internal Auditor
  • External Auditor
  • Tax Consultant
  • Chief Financial Officer

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