Master of Commerce

COURSE (DOMESTIC STUDENTS)

Overview

This course is designed for graduates of any field of study as a first qualification in business.

Deakin’s Master of Commerce is a discipline-based coursework degree with six core units: Accounting, Finance, Economics for Managers, Business Process Management, Business Communication for Managers, and Business Strategy and Analysis. You’ll also complete units, which will lead to the completion of a specialisation of your choice.

The course is also intended to give you a solid introduction to the theoretical principles of finance and the practical requirements of financial management within for-profit corporate organisations.

Learning through classes, conferences, group work and debates among students, graduates will possess highly-developed computer and technology skills for employees in today’s commerce and related industries.

Read More VIEW INTERNATIONAL COURSE INFORMATION

Key facts

Duration

1.5 to 2 years fulltime or part-time equivalent (Please refer to course pathways information below)

Campuses

Offered at Burwood (Melbourne),

Cloud (online)

Trimester 1

  • Start date: March
  • Available at:
    • Burwood (Melbourne)
    • Cloud Campus

Trimester 2

  • Start date: July
  • Available at:
    • Burwood (Melbourne)
    • Cloud Campus

Trimester 3

  • Start date: November
  • Available at:
    • Burwood (Melbourne)
    • Cloud Campus

Looking to start studying in 2017? View our Master of Commerce and apply to start this year.

Key information

Award granted

Master of Commerce

Year

2018 course information

Estimated tuition fee - full-fee paying place

$27,800 for 1 yr full-time - Full-fee paying place
Learn more about fees and your options for paying.

Estimated tuition fee - (CSP)

Not applicable

Deakin code

M755

CRICOS code

027129E

Level

Higher Degree Coursework (Masters and Doctorates)

Approval status

This course is approved by the University under the Higher Education Standards Framework.

Australian Quality Framework (AQF) recognition

The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9.

Course Structure

To complete the Master of Commerce, students must attain a total of 16 credit points, consisting of 8 credit points of core units, at least one specialisation of 4 credit points and 4 credit points of electives.  Most units (think of units as 'subjects') are equal to 1 credit point.

Students will undertake a one-credit point research training unit and one credit point research-based project unit.

8

Credit points of Core units

4

Credit point specialisation

4

Credit points of Elective units

16

Total Credit points

Core Units

  • Accounting MPA701
  • MPM701/MPM701ABusiness Process Management ^
  • Business Communication for Managers MPM731
  • Building Success in Commerce MPM755
  • Finance MPF753
  • Economics for Managers MPE781
  • Plus 2 credit points from:

  • Governance and Fraud MAA763
  • Critical Thinking for Managers MPM732
  • Ethics for Managers MMH733
  • MIS770/MIS770AFoundation Skills in Data Analysis ^*
  • Sustainable Environmental Marketing MPK704
  • which may also include one unit from:

  • Integrated Reporting and Value Creation MAA767
  • Business Practicum MWL702
  • Team Internship MWL703
  • Work Based Learning MWL704
  • ^MPM701A and MIS770A are Start Anytime units.

    *Please note: Students intending to complete the Business Analytics specialisation, must complete co-core unit, MIS770/MIS770A.

    Elective Units

    The remaining credit points are selected from any unit listed in the MCom specialisations. Selection of elective units must form at least one Master of Commerce specialisation. Students may choose other postgraduate units (if eligible).

    The below unit is a recommended elective for students undertaking the Accounting specialisation to fulfil CPA requirements.

  • Commercial and Corporations Law MLC707
  • Specialisations

    Refer to the details of each specialisation for availability.

     

    Entry requirements

    Deakin University offers admission to postgraduate courses through a number of Admission categories.
    In all categories of admission, selection is based primarily on academic merit as indicated by an applicant's previous academic record.

    All applicants must meet the minimum English language requirements.

    Entry will be based on performance in:

    • a Bachelor Degree or other qualification at a higher AQF level in any discipline OR
    • other evidence of academic capability judged to be equivalent

     For more information on the Admission Criteria and Selection (Higher Education Courses) Policy visit Deakin Policy Library.

     

    Professional Recognition

    By choosing appropriate units within the Master of Commerce, you may satisfy the professional recognition requirements of CPA Australia, Chartered Accountants Australia and New Zealand (CAANZ), the Institute of Public Accountants, the Association of Chartered Certified Accountants, the Institute of Certified Management Accountants (ICMA) or associate membership requirements of the Australian Computer Society (ACS).

    Career outcomes

    The specialisations in commerce studies lead to careers in virtually every area of business and government in Australia and internationally. Broad career paths include becoming a professional accountant, IT and systems professional, economist, financial planner, human resources manager, social and economic policy developer, international trade officer and marketing assistant/manager. As this is a very broad course there are further possibilities in other professions especially if taken with further study.

    Course learning outcomes

    Graduate Learning Outcomes

    Course Learning Outcomes

    Discipline Specific knowledge and capabilities

    Synthesise a broad base of critical commerce knowledge with specialised discipline knowledge and apply this in contemporary business contexts, drawing from this to explore advanced concepts through conducting independent research on a chosen commerce-related issue.

    Communication

    Demonstrate business communication techniques to convey complex commerce concepts and proposals to both specialists and non-specialists.

    Digital Literacy

    Apply appropriate digital technologies to find, use, manage and disseminate complex commerce knowledge and ideas.

    Critical thinking

    Critically analyse a range of complex business related information to make informed business decisions in regard to investment, ethical, economical, and business management issues, and to provide informed recommendations and courses of action.

    Problem Solving

    Conceptualise, construct and recommend solutions to real world and ill-defined problems faced by decision-makers in a business environment.

    Self-management

    Demonstrate initiative and independence in learning and research in both a broad and a specialised field of commerce.

    Teamwork

    Work and learn with others from different disciplines and backgrounds.

    Global Citizenship

    Interpret and reflect on the impact of ethics, culture and internationalization on contemporary business issues.

     

    How to apply

    Apply direct to Deakin

    Applications must be made directly to the University through the Applicant Portal. For information on the application process and closing dates, see the how to apply web page. Please note that closing dates may vary for individual courses.

    Apply through Deakin

    Need more information on how to apply?

    For more information on the application process and closing dates, see the How to apply webpage. If you're still having problems, please contact us for assistance.

    Register your interest to study at Deakin

    Please complete the Register your interest form to receive further information about our direct application opportunities.

    Course pathways

    If you have a Bachelor degree in the same discipline, you may be eligible for credit for 4 credit points (units), which means you need to complete 1.5 years full time, or part-time equivalent (12 credit points) If you have a Bachelor degree in any discipline AND 5 years of relevant work experience, you may be eligible for credit for 4 credit points (units), which means you need to complete 1.5 years full time, or part-time equivalent (12 credit points)

    Tap the infographic to explore your options

    *A shorter course duration is available to students entering from a same discipline background. A "same discipline" award for this course is a Bachelor degree in Commerce or Business with a major sequence; students are expected to specialise in an area other than their undergraduate majors.

    ^ Relevant work experience is determined as business experience either in a broad commerce role or in a managerial position with business oversight responsibilities in any field that is representative of the specialisations of the course, which includes either Accounting, Arts and Cultural Management, Business Analytics, Finance, Financial Planning, Information Systems, International Trade and Business, Marketing, Project Management, Public Sector Studies or eBusiness and Social Media Strategies.

    Alternative exits

    Credit for Prior Learning

    Am I eligible to receive credit for prior learning?

    The University aims to provide students with as much credit as possible for approved prior study or informal learning which exceeds the normal entrance requirements for the course and is within the constraints of the course regulations. Students are required to complete a minimum of one-third of the course at Deakin University, or four credit points, whichever is the greater. In the case of certificates, including graduate certificates, a minimum of two credit points within the course must be completed at Deakin.

    You can also refer to the Credit for Prior Learning System which outlines the credit that may be granted towards a Deakin University degree and how to apply for credit.

    Commerce graduates would normally be precluded from one or more of the core units and required to undertake substitute units from the full range of MCom units. These students are expected to specialise in an area other than their undergraduate major(s).

    Faculty contact information

    Faculty of Business and Law - student advisers
    Tel 03 9244 6555
    Email buslaw@deakin.edu.au

    Workload

    As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.

    Fee information

    The tuition fees you pay will depend on the type of fee place you hold. 

    • If you are enrolled in a Commonwealth supported place, your tuition fees are calculated depending on the units you choose.
    • If you are enrolled in a full fee paying place, your tuition fees are calculated depending on the course you choose.

    In both cases, the ‘Estimated tuition fee’ is provided as a guide only based on a typical enrolment of students completing the first year of this course. The cost will vary depending on the units you choose, your study load, the length of your course and any approved Credit for Prior Learning you have.

    Each unit you enrol in has a credit point value. The ‘Estimated tuition fee’ is calculated by adding together 8 credit points of a typical combination of units for that course. Eight credit points is used as it represents a typical full-time enrolment load for a year.

    You can find the credit point value of each unit under the Unit Description by searching for the unit in the Handbook.

    Learn more about fees and available payment options.

    Scholarship options

    A Deakin scholarship could help you pay for your course fees, living costs and study materials. If you've got something special to offer Deakin - or maybe you just need a bit of extra support - we've got a scholarship opportunity for you. Search or browse through our scholarships

    Additional course information

    Domestic students enrolled in certain postgraduate coursework programs may be eligible for student income support through Youth Allowance and Austudy.

    Further information can be found at Deakin University's Fees website.

    Offered campuses

    Burwood

    Just 30 minutes from the city centre, the Melbourne Burwood Campus is Deakin's thriving metropolitan campus.


    Study online at Cloud Campus

    Students are able to study all or part of this course online. You can study anywhere, anytime through Deakin's Cloud Campus.

    Learn more about studying online and the Cloud Campus

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