Bachelor of Accounting with Honours (Accredited by CPA Australia)

Overview

Bachelor of Accounting with Honours (BAC) aims to produce knowledgeable, analytical and competent accounting graduates to fulfil the country’s growing need of accounting profession.

The programme is designed to fulfil the country’s need for professionals in accounting. In designing the programme, due consideration is given to ensuring that potential graduates are well equipped with the knowledge and skills to meet the challenging work environment.

Learners are required to complete a total of 134 credit hours of prescribed studies in order to graduate. The programme structure covers five main areas:

  • accounting, finance and related knowledge
  • organisational and business knowledge
  • information technology
  • communication skills, industrial exposure and integrated case study, and
  • non-accounting knowledge taken through elective courses

The Bachelor of Accounting programme is professionally recognised by CPA Australia, providing graduates with a clear pathway to becoming certified accounting professionals. While completing the programme, learners are eligible for exemptions from six foundation courses, allowing them to fast-track their journey towards the CPA programme by progressing directly to the professional papers. This recognition not only enhances the credibility of the degree but also offers a significant advantage for those aspiring to become a certified accountant.

*This programme is not available for International intake

MPU Courses

Subject NameCredit Hours
Falsafah Dan Isu Semasa 22
Penghayatan Etika Dan Peradaban 22
Entrepreneurship 23
Kursus Integriti dan Antirasuah 23
Community Service2
Total Credit12

University Courses

Subject NameCredit Hours
Learning Skills For 21st Century3
Total Credit3

Basic Courses

Subject NameCredit Hours
Principles Of Management3
Introduction To Communication3
Total Credit6

Core Courses

Subject NameCredit Hours
Principles Of Microeconomics3
Principles Of Macroeconomics3
Principles Of Marketing3
Mathematics For Management3
Introductory Accounting3
Financial Accounting & Reporting 13
Intermediate Financial Accounting I3
Intermediate Financial Accounting II3
Advanced Financial Accounting3
Management Accounting I3
Management Accounting II3
Financial Management I3
Financial Management II3
Statistical Methods3
Accounting Theory3
Audit I3
Audit II3
Business Law3
Company Law3
Taxation I3
Taxation II3
Strategic Management3
Public Sector Accounting3
Advanced Management Accounting3
International Business3
Organisational Behaviour3
Industrial Training8
Introduction To Information Technology3
Accounting Information System I3
Accounting Information System II3
Integrated Fase Study3
Total Credit98

 

Elective Courses (Choose Three Only)

Subject NameCredit Hours
Research Methodology3
Specialised Financial Accounting3
Financial Statement Analysis3
Investment Analysis3
E-commerce3
Islamic Financial Management3
Bank Management3
Employment And Industrial Law3
Total Credit9

Malaysian Learner Fees

Year 1RM1,792 (Sem 1)RM1,792 (Sem 2)RM2,016 (Sem 3)
Year 2RM2,016 (Sem 4)RM1,792 (Sem 5)RM2,016 (Sem 6)
Year 3RM2,016 (Sem 7)RM2,016 (Sem 8)RM2,016 (Sem 9)
Year 4RM2,016 (Sem 10)RM2,016 (Sem 11)RM2,016 (Sem 12)
Year 5RM2,016 (Sem 13)RM3,136 (Sem 14)
TOTALRM28,672

Discount for the Physically Challenged Learners (OKU) and Senior Citizens

* Fees applicable to Malaysians and Permanent Residents only.
* The University reserves the right to revise the fees without prior notice.

The University offers 50% discount for:
1. Senior citizens aged 60 and above on registration date; and
2. Physically challenged learners – a valid Orang Kelainan Upaya (OKU) is required.

The discounts are not valid for second time registration and repeating of subjects.
Learners who receive this discount are not entitled to other discounts and promotions.

Note
Processing fee: RM30

Financial options:Payment Mode:
EPF (Account 2); orJomPAY
Education or Personal Loan from commercial banks; orInternet Banking
HRDF (subject to employer’s eligibility); orDebit/Credit Card.

 


* The University reserves the right to revise the fees without prior notice.

**LATEST UPDATE: 15 November 2024

PEO1: Possess in-depth and comprehensive theoretical and practical knowledge in  accounting and related fields.

PEO2: Possess comprehensive accounting and managerial skills to perform effectively and responsibly in different organisations.

PEO3: Use a broad range of digital applications and analytical techniques to support accounting and business functions

PEO4: Demonstrate teamwork, leadership, interpersonal communication, creativity and innovation skills.

PEO5: Commit and seek learning for continuous development.

PLO 1: Assess in-depth theories and concepts in accounting and other related fields.
(Knowledge and understanding)

PLO 2: Apply in-depth and comprehensive accounting and other related fields knowledge to manage complex problems in business organisations using different approaches.
(Cognitive skills)

PLO 3: Organise tasks and operations effectively and efficiently within business organisations.
(Practical skills)

PLO 4: Demonstrate effective collaborative skills with diverse stakeholders.
(Interpersonal skills)

PLO 5: Demonstrate effective written and oral communication with diverse stakeholders.
(Communication skills)

PLO 6: Demonstrate relevant digital skills for work and study.
(Digital skills)

PLO 7: Analyse numerical and graphical data to assist decision making in work and study.
(Numeracy skills)

PLO 8: Demonstrate leadership skills and responsibility in managing business organisations.
(Leadership, autonomy and responsibility)

PLO 9: Identify self-improvement for academic and career development.
(Personal skills)

PLO 10: Demonstrate entrepreneurship skills in resolving business problems.
(Entrepreneurial skills)

PLO 11: Organise tasks and operations ethically and flexibly within business organisation.
(Ethics and professionalism)

  1. What is a Bachelor of Accounting?
    Bachelor of Accounting, OUM is known as BAC.  This programme aims to produce the knowledgeable, analytical and competent graduates to fulfill the country’s growing need in accounting profession.  The objectives of this programme is to produce competent graduates with comprehensive knowledge and skills in accounting and other relevant disciplines, able to respond ethically and professionally in working environment and society, able to think critically, communicate, lead and collaborate in teams and able to adapt to the dynamic changes in the business environment and lifelong learning.
  2. Why should enrol in Bachelor of Accounting?
    Studying in Bachelor of Accounting is an added advantage to you as well.  This programme is designed to ensure that potential graduates are well equipped with the knowledge and skills to meet the challenging work environment.  Those who wish to be marketable and relevant in any industry should choose to pursue study in accounting. You will not only be able to apply your financial skills in various working environments, but you will also be able to apply these skills in your personal life or in your own business.  A good knowledge in accounting will help you to plan and manage your own finances more effectively.
  3. Who should apply Bachelor of Accounting?
    Any candidate that is motivated to pursue accounting programme to become professional accounting practitioners and further studies in higher level programme or professional programme especially employee from relevant sectors of industries who are determined to develop skills and knowledge for better job prospects.  In addition, fresh graduates from STPM, STAM, Diploma, Matriculation, Foundation, Asasi, UEC or equivalent who wish to pursue in accounting programme.
  4. What is the entry requirement to enroll for Bachelor of Accounting?
    Candidate has TWO (2) options, which is through Normal Entry:Candidate with MUET Band 2; AND
    • Pass STPM or its equivalent, with minimum Grade C+ (GP 2.33) in 2 subjects, and a credit in Mathematics at SPM level; or
    • Pass STAM with minimum grade of Jayyid (good), and a credit in Mathematics at SPM level; or
    • Pass Diploma (MQF Level 4) in accounting or related field, or its equivalent with a minimum CGPA of 2.50; or
    • Pass Matriculation/Foundation/Asasi or its equivalent with a minimum CGPA of 2.50, and a credit in Mathematics at SPM level; or
    • Pass UEC with minimum Grade B in 5 subjects including Mathematics; or
    • Other recognised equivalent qualifications.English competency requirement for international students: Score of TOEFL 550 or IELTS 5.5 or equivalent.
      Note: The credit requirement in Mathematics at SPM level for candidates (i), (ii) and (iv) can be exempted if the qualifications comprise of Mathematics subject and the achievement is equivalent to/above the credit requirement of the subject at the SPM level. (Equality of the subjects is the responsibility of HEP and the HEP needs to have strong internal policies/procedures in assessing the equality).If candidate does not meet the normal entry requirement, candidate may apply through APEL entry:
    •  Candidate must a Malaysian; and
    • Candidate must be 21 years old and above in the year of application being made;   and
    • Have previous working experience/learning relevant to the field applied; and
    • Pass APEL Assessment for Bachelor Degree (conducted by OUM).For more on APEL, visit http://apel.oum.edu.my/
  5. Is Bachelor of Accounting offered in full-time or part-time mode?
    All OUM degree programmes offered in Malaysia are run in Part-time mode, making them particularly suitable for working adults seeking to upgrade their qualifications, knowledge and skills without having to give up their jobs or compromise on their life responsibilities.
  6. Is Bachelor of Accounting recognised by the Malaysian government?
    In order to ensure the quality of OUM program is maintained, the Bachelor of Accounting, BAC (A 5885) is fully accredited in 2010 by the Malaysian Qualifications Agency (MQA) and Jabatan Perkhidmatan Awam (JPA).
  7. Is Bachelor of Accounting at OUM professionally recognised?
    Bachelor of Accounting, OUM is also been recognised by the CPA (Australia).  Graduates who wish to embark on professional membership, may start their journey with certain exemptions upon the completion of this programme Graduates will be exempted from six foundation courses and continue with the professional papers.
  8. What does Bachelor of Accounting offer me?
    After you have successfully completed a Bachelor of Accounting, you are expected to be able to:Describe the theories, concepts, and principles in accounting and other relevant disciplines that are applicable to accounting competencies.
    • Apply the acquired accounting and managerial knowledge in solving problems and making decision related to accounting issues.
    • Demonstrate the skills and knowledge in accounting to undertake the complex problems in the accounting field.
    • Enhance interpersonal skills towards professional development and continuous improvement.
    • Communicate effectively both orally or in writing required for positive contribution to the society, community, and relevant stakeholders.
    • Adopt information technologies and information systems in knowledge acquisition to face global digital challenges.
    • Integrate relevant data related to accounting for the acquisition of knowledge and skills in quantitative problem solving.
    • Function individually or in a team with the capability to undertake responsibility in managing individual and group.
    • Enhance personal skills to accomplish personal achievement.
    • Enhance entrepreneurial skills in accounting related business and management.
    • Demonstrate awareness of ethics and professionalism with moral values in the execution of professional duties as an accountant.
  9. What are the courses I will learn in Bachelor of Accounting?
    You will learn various functional areas of core courses of accounting including financial accounting, taxation, auditing, management accounting, economics, mathematics, business and also information technology as to ensure the adaptability of the students with the rapid changes in the accounting world.
    • MPU Courses such as Falsafah dan Isu Semasa, Tamadun Islam Dan Tamadun Asia, Entrepreneurship, Penghayatan Etika dan Peradaban and Community Service.
    • University courses such as Learning Skill For 21st Century.
    • Basic courses such as Principles of Management and Introduction to Communication.
    • Core courses such as Microeconomics, Principles Of Macroeconomics, Principles Of Marketing, Mathematics for Management, Introductory Accounting, Financial Accounting and Reporting I, Intermediate Financial Accounting I, Intermediate Financial Accounting II, Advanced Financial Accounting, Management Accounting I, Management Accounting II, Financial Management I, Financial Management II, Statistical Methods, Accounting Theory, Audit I, Audit II, Business Law, Company Law, Taxation I, Taxation II, Research Methodology, Strategic Management, Public Sector Accounting, Advanced Management Accounting, International Business, Organisational Behaviour, Industrial Training, Introduction to Information Technology, Accounting Information System I, Accounting Information System II and Integrated Case Study.
    • Elective course such as Specialised Financial Accounting, Financial Statement Analysis, Portfolio Investment Management, E-commerce, Islamic Financial Management, Bank Management, Employment and Industrial Law, Project I & Project II.
  10. If I am a diploma holder or with working experience, will I be granted credit transfer/credit award for my courses?
    If you have a relevant and recognised Diploma qualification, you can apply for credit transfer up to 30% of the degree programme’s total credits.  Credit transfer can be given for subject where candidates have obtained the minimum grade and achieve 80% syllabus similarity with same credit value.You will also be granted the opportunity to earn credit award, called as APEL (C).  It is the awarding of credits for prior experiential learning to a course in OUM accredited programme.  APEL(C) provides the mechanism to recognise the individual’s prior experiential learning that is relevant and specific to a course within a programme of study. The credit award is based the knowledge and skills gained through informal and non-formal learning.  Awards of credits under APEL (C) does not involve the transfer of grades. Credit awarded for the course will be counted towards the total credit requirement for graduation.  The maximum percentage of credit transfer through APEL (C) is 30% of the total graduating credits of a specific programme of study. This percentage is in addition to the credit transfer provision based in the existing formal credit transfer policy.For more on APEL (C), https://apel.oum.edu.my/credit-award
  11. How long can I complete Bachelor of Accounting?
    Bachelor of Accounting is a 134 credit-hour programme, which means that it can typically be completed in 15 semesters.
  12. How is Bachelor of Accounting is delivered?
    Bachelor of Accounting runs online as well as blended modes.Online mode means that you can follow an OUM programme from anywhere in Malaysia, at your own pace and alongside your online peers, with the guidance of your e-tutor.  Blended mode refers to a combination of online study and face-to-face tutorials/seminars.
  13. When can I join Bachelor of Accounting?
    Bachelor of Accounting programme has three intakes a year which is in the January, May and September semesters.
  14. Who are the academic staff responsible for Bachelor of Accounting?
    Bachelor of Accounting at OUM are delivered by qualified and experienced subject-matter experts and tutors/facilitators with degrees from reputable universities.  The Programme Director is Puan Liana binti Mohamad.
  15. Are course materials provided by OUM?
    All core learning materials are provided or made available for library loan. They include specially-commissioned course modules, e-textbooks, study guides, reading bricks, AV files, CDs and/or DVDs. Learners may also use OUM’s physical and digital libraries to access a wide range of learning materials.
  16. How will I be assessed during my study in Bachelor of Accounting?
    For Bachelor of Accounting, assessment methods vary from course to course. Most courses in BAC have assignments and final exams. Assessment for several advanced courses is entirely assignment-based.
  17. How much is the fees to pursue Bachelor of Accounting?
    Are there special rates for senior citizens and physically-challenged learners?
    Fees for Bachelor of Accounting, the amount is RM30,016.
    For full breakdown of fees, visit https://www.oum.edu.my/bachelor-of-accounting-with-honours-accredited-by-cpa-australia/ A 50% discount on fees is offered to qualified senior citizens and physically- challenged learners.
    All fees are subject to revision without prior notice.
    For further enquiries on fees and financial matters, please email OUM’s Marketing Unit at admission@oum.edu.my or call +603-7801 1800 or +603-7801 2000 Whatsapp at +6012-303 9935 or +6019-357 9074.
  18. What are the financing options available if I want to pursue Bachelor of Accounting?
    There are some financial options available such as PTPTN, EPF (Account 2), Education or Personal Loan from commercial banks, HRDF (subject to employer’s eligibility) or Flexible Payment Scheme.
  19. What are the potential career paths for Bachelor of Accounting graduates?
    Accounting jobs are available in every organisation in the world, meaning graduates have a wide job opportunity in this field. All organisation whether big or small will need an accountant or a financial professional to manage their finances effectively. Accounting graduates can be part of various organisations such as banking, audit firm accounting firms, government agencies, private companies, non-profit organisation, tax consultancy, management consultancy, corporate recovery or insolvency, financial planning, company secretarial, forensic accounting, business owner and academia.Accounting graduates can be employed as accountant, auditor, entrepreneur, financial analyst, tax consultant, financial consultant, forensic accountant, investment analysist, market analysist.
  20. If I’ve decided to pursue Bachelor of Accounting at OUM. How do I apply?
    Apply online at http://cms-portal.oum.edu.my/Alternatively, visit any of OUM’s Learning Centres (LCs) located throughout the country for guidance. For info on the LCs, go to https://www.oum.edu.my/learning-centres/
  21. Where can I find more details on Bachelor of Accounting programme?
    For Bachelor of Accounting details, visit https://www.oum.edu.my/bachelor-of-accounting-with-honours-accredited-by-cpa-australia/. For more on business related programme, please do visit https://www.oum.edu.my/
  22. Whom should I contact if I need to find out more about Bachelor of Accounting programme?
    For academic enquiries related to Bachelor of Accounting, email Puan Noral Hidayah Alwi at noral@oum.edu.my or call +603 7801 1238
    For general enquiries on OUM programme, email the Marketing Unit at admission@oum.edu.my or call +603-7801 1800 or +603-7801 2000 Whatsapp at +6012-303 9935 or +6019-357 9074.
  23.  

* All information contained in this FAQ are subject to revision without prior notice.

Bachelor of Accounting with Honours accredited by CPA Australia can open up various career opportunities in the field of accounting and finance. Here are some types of career fields and examples of career opportunities for individuals with this qualification:

Career Field Career Opportunities
Public Accounting 1. Certified Public Accountant (CPA)
2. Audit Manager
3. Tax Consultant
4. Forensic Accountant
Corporate Finance 1. Financial Analyst
2. Corporate Controller
3. Treasury Analyst
4. Mergers and Acquisitions Advisor
Management Accounting 1. Cost Accountant
2. Budget Analyst
3. Management Consultant
4. Financial Planning and Analysis
Government and Nonprofit Organizations 1. Government Accountant
2. Internal Auditor
3. Budget Analyst
4. Compliance Officer
5. Grants and Contracts Manager
Forensic Accounting 1. Forensic Accountant
2. Fraud Investigator
3. Anti-Money Laundering Specialist
4. Financial Crime Analyst
Financial Planning and Wealth Management 1. Certified Financial Planner (CFP)
2. Investment Advisor
3. Wealth Manager
4. Estate Planner
Auditing 1. External Auditor
2. Internal Auditor
3. IT Auditor
4. Risk Assurance Consultant
Taxation 1. Tax Accountant
2. Tax Consultant
3. International Tax Advisor
4. Estate Planning Specialist
Banking and Finance 1. Bank Manager
2. Credit Analyst
3. Loan Officer
4. Investment Banking Analyst
Entrepreneurship 1. Startup Founder/Entrepreneur
2. Small Business Owner
3. Financial Consultant
4. Business Advisor
Education 1. Accounting Professor
2. Educational Program Coordinator
3. Career Services Advisor
4. Curriculum Developer
Environmental and Social Responsibility 1. Sustainability Accountant
2. Environmental Compliance Analyst
3. Corporate Social Responsibility
4. Manager
Keep in mind that the field of accounting offers a wide range of career opportunities, and the above list is not exhaustive. Additionally, some careers may require further specialization or additional qualifications beyond a Bachelor’s degree, depending on the specific role and industry.

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