ACCT20001 Accounting for Management Decisions
University of Melbourne · Level 2 · 12.5 points · Runs in 2026: Semester 1, Semester 2.
- Final exam 65%: exam-heavy
Is ACCT20001 hard?
ACCT20001: About average. Makes it harder: Final exam 65%. No student reviews yet — based on the Handbook only.
What you learn
How firms work out what products and services cost, and use those numbers to make better business decisions.
After it you can
- Estimate how costs change with activity
- Cost products and services with different costing systems
- Use cost information to make value-based decisions
What you need first
ACCT10001
What it leads to
- ACCT30002 Organisational Performance Management
- ACCT30004 Assurance, Risk and Control
- ACCT30011 International Accounting Study Program
- ACCT30015 Accounting Information: Risks & Controls
Careers
Helps toward: Accountant
How it’s assessed
Quizzes 10%, Tests 25%, Final exam 65%
Student reviews and ratings
Summarised from 10 students on StudentVIP (2017–2021)
- Most found it logical and manageable if you keep up each week; some say the content still takes real effort to grasp.
- Several say the multiple-choice mid-semester test is harder than expected, while the final felt fairer and helped lift marks.
- Lectures and slides were mostly praised, though one older review was unhappy after a staffing change. Tip: do the tutorial work and practise applying ideas to cases.
A summary of public reviews, not scored here.
Taken this subject? Rate it anonymously (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Rate ACCT20001
Quick answers
- When is ACCT20001 offered?
- Runs in 2026: Semester 1, Semester 2.
- What do I need before taking ACCT20001?
- Needs ACCT10001.
- Does ACCT20001 have a final exam?
- Yes, the final exam is 65% of the mark. Assessment: Quizzes 10%, Tests 25%, Final exam 65%.
- Is ACCT20001 hard?
- From 10 student reviews on StudentVIP: Most found it logical and manageable if you keep up each week; some say the content still takes real effort to grasp.
- What do students say about ACCT20001?
- Most found it logical and manageable if you keep up each week; some say the content still takes real effort to grasp. Several say the multiple-choice mid-semester test is harder than expected, while the final felt fairer and helped lift marks. Lectures and slides were mostly praised, though one older review was unhappy after a staffing change. Tip: do the tutorial work and practise applying ideas to cases.
- Can I take ACCT20001 as breadth?
- Yes, for: Bachelor of Arts, Bachelor of Biomedicine, Bachelor of Design, Bachelor of Fine Arts (Acting), Bachelor of Fine Arts (Animation), Bachelor of Fine Arts (Dance), Bachelor of Fine Arts (Film and Television), Bachelor of Fine Arts (Music Theatre), Bachelor of Fine Arts (Production), Bachelor of Fine Arts (Screenwriting), Bachelor of Fine Arts (Theatre), Bachelor of Fine Arts (Visual Art), Bachelor of Music, Bachelor of Science.
- What can I take after ACCT20001?
- 4 subjects need it first, for example ACCT30002, ACCT30004, ACCT30011, ACCT30015.
- Can I rate ACCT20001?
- Yes. If you've taken it, rate it anonymously on this page (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Averages show once 3 students have rated it; tips are checked before they appear.
Source: University of Melbourne Handbook 2026
Always confirm in the official Handbook.
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