FAQs Accounting Co-op

FAQs Accounting Co-op

Program overview

Macquarie University’s Cooperative Education (Co-op) program is offered through a Bachelor of Commerce - Professional Accounting with the degree of Bachelor of Professional Practice, and adds one year to the standard three-year degree.

What does the Co-op program offer?
The Co-op program offers opportunities for students to develop professional skills and networks and to bring their practical experience back to the classroom to further enhance their studies. This is achieved through three industry placements combined with on-campus preparatory and reflective practice components. Students graduate with practical knowledge, strong professional networks and enhanced employability in their chosen field.

Can I do a double degree with the Co-op program?
As the Co-op program involves undertaking a combined degree (Bachelor of Commerce - Professional Accounting with a Bachelor of Professional Practice) it is not possible to undertake a third degree.

Can the program be undertaken part-time?
No, the program must be undertaken on a full-time basis.

If I am accepted into the program, can I defer my place?
No, you are unable to defer your place. If you decide to take a gap year you will need to reapply the following year.

Industry Placements

How many industry placements will I undertake in the program? 

You will undertake three industry placements over the course of the four-year combined degree (approximately 15 months in total). One placement is completed over approximately three months; the other two placements are undertaken for approximately six months each.

When are the industry placements? 

The first placement is for approximately three months at the end of first year (over the summer vacation), and the second and third placements are approximately six months each, undertaken throughout third year.

Where will I undertake the industry placements? 

Industry placements are undertaken at the premises of partner organisations. Each placement is generally undertaken at a different partner organisation.

What will I be doing while undertaking industry placements? 

Industry placements are carefully structured and closely supervised learning experiences that give you the opportunity to put your learning into practice in the workplace. You will be undertaking activities that align with the learning outcomes of the placement unit, and will be expected to abide by the partner companies’ professional codes of conduct.

Can industry placements be undertaken part-time? 

It is expected that industry placements will be undertaken on a full-time basis.

Am I covered for insurance during my industry placements? 

Yes, you will be covered by a combination of the University’s and the partner organisation’s insurance cover.

Will I get paid while I’m undertaking a industry placement? 

Yes, the partner organisations will pay you directly while you are undertaking your placements. Pay will be set at market rates. Market rates vary by industry and sector. Keep in mind the value of a placement is not primarily in the short-term benefit of remuneration at a particular rate of pay. Some of the many additional longer-term benefits include professional experience in your field, building your networks and having the opportunity to explore your preferences for organisational size, structure, culture, etc.

Eligibility

How do I know if I am eligible for this program? 

Eligibility criteria:
  • completing or have completed the HSC (or equivalent)
  • show a genuine interest and motivation to enter the accounting profession
  • be active in school and/or community activities
  • be able to demonstrate exceptional communication, teamwork, problem solving, innovation, service and leadership skills
  • be an Australian/New Zealand citizen or permanent visa holder
  • desirable minimum selection rank of 95 (which includes a maximum of 5 Educational Access Scheme adjustment points, if eligible). Students expecting a selection rank of 90 or above are strongly encouraged to apply. No adjustment points other than Educational Access Scheme will be considered for this requirement
  • Any level of HSC mathematics (or equivalent) desirable

I’m studying for the International Baccalaureate Diploma Programme; can I apply for the Co-op program? 

Yes. Find out more

I’m an Australian citizen or permanent resident studying overseas or interstate; can I apply for the Co-op program? 

Yes. Your interstate or international high school qualification will be considered in the application process.

I’m an international student; can I apply for the Co-op program?

No, to be eligible for the program you must be an Australian citizen or permanent resident, New Zealand citizen or humanitarian visa holder.

I completed my HSC or equivalent prior to 2018, can I still apply for the Co-op program? 

Yes, you can apply for the Co-op program if you meet all the eligibility criteria.

Application process

When do applications open? 

Applications open 30 April 2018.

When do applications close? 

Applications close at 5pm (AEST) on 28 September 2018.

How do I apply for this program?

To apply, you need to register online. Applications open at 12pm Monday, 30 April 2018. Click here to start your application.

As part of the application process, you will be required to submit a 2-3 minute video of yourself responding to 3 specific questions and submit a one-page résumé. If you are completing your HSC (or equivalent) in 2018, your school will be asked to provide an academic reference which includes your date of birth and your most recent HSC (or equivalent) trial results.

You must also apply through the University Admissions Centre (UAC) and list the Bachelor of Commerce - Professional Accounting with the degree of Bachelor of Professional Practice (300228) as one of your preferences.

To receive your official offer from UAC in the December Round 2 offer in 2018, you will need to ensure that the Bachelor of Commerce - Professional Accounting with the degree of Bachelor of Professional Practice is listed as your highest eligible preference in your UAC application. You will also need to satisfy the condition/s as stated in your early offer advice from Macquarie University.

What do I need to submit for my online application to Macquarie? 

If you are completing your HSC (or equivalent) in 2018, there are two parts to the application:

Part 1

You will be asked to enter your details and nominate a referee from your current school (e.g. career adviser, head teacher, principal or similar).

An email will be sent to your nominated school referee to request an academic reference for your application and your trial results showing all your subject rankings (for example, Maths Extension 1, second out of 41 students).

Part 2 

You will be required to submit a 2-3 minute video of yourself responding to 3 specific questions and submit a one-page résumé.

Important: You can start working on Part 2 as soon as you request your school reference. Please allow sufficient time for your school referee to submit the academic reference and trial results. It is your responsibility to ensure that both parts are submitted before the application closing deadline of 5pm (AEST) on 28 September 2018.

Note: If you are not completing your HSC (or equivalent) in 2018 you will be required to submit a 2-3 minute video of yourself responding to 3 specific questions and submit a one-page résumé and academic reference by the application close date and time (5pm [AEST] on 28 September 2018).

How will I know that my application has been received?

You will receive an email confirmation once you have submitted your application.

How will my application be assessed?

Co-op students are selected on academic merit and assessment of their interests, qualities and skills. The selection panel will likely include academics and representatives from industry.

The selection panel will be looking for evidence that:

  • you show a genuine interest and motivation to enter the accounting profession
  • you are active in school and/or community activities
  • you are able to demonstrate exceptional communication, teamwork, problem-solving, innovation, service and leadership skills.

When will I know if I have been shortlisted for an interview? 

Applications will be assessed after the closing date. If your application is shortlisted, you will be contacted during the first week of November 2018 to schedule an interview. Interviews will be held at Macquarie University during the week of 26-30 November 2018.

If you are successful at interview, you’ll receive a conditional offer in early December for the Bachelor of Commerce - Professional Accounting with the degree of Bachelor of Professional Practice Co-op program, pending all final ATAR (or equivalent admissions rank) results.

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