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
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.
Plus 2 credit points from:
which may also include one unit from:
^MPM701A and MIS770A are Start Anytime units.
*Please note: Students intending to complete the Business Analytics specialisation, must complete co-core unit, MIS770/MIS770A.
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.
Refer to the details of each specialisation for availability.
- Arts and Cultural Management
- Business Analytics
- Financial Planning
- Information Systems
- International Trade and Business
- Project Management
- Public Sector Studies
- eBusiness and Social Media Strategies
Master of Commerce
Campuses by intake
Campus availability varies per trimester. This means that a course offered in Trimester 1 may not be offered in the same location for Trimester 2 or 3. Read more to learn where this course will be offered throughout the year.
Trimester 1 - March
- Start date: March
- Available at:
- Burwood (Melbourne)
- Cloud Campus
Trimester 2 - July
- Start date: July
- Available at:
- Burwood (Melbourne)
- Cloud Campus
Trimester 3 - November
- Start date: November
- Available at:
- Burwood (Melbourne)
- Cloud Campus
Additional course information
Credit for prior learning into the Master of Commerce may be granted to students who have successfully completed appropriate postgraduate studies. There are negotiated credit for prior learning arrangements in place for CPA members.
Course duration - additional information
Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.
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.
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.
Minimum entry requirements
- Bachelor Degree or other qualification at a higher AQF level in any discipline OR
- Successful completion of Masters Qualifying Program (or Masters Qualifying Program Extended), 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.
IELTS / English language requirements
Please note that English language requirements exist for entry to this course and you will be required to meet the English language level requirement that is applicable in the year of your commencement of studies.
It is the students' responsibility to ensure that she/he has the required IELTS score to register with any external accredited courses.
Deakin offers many courses which can be studied by distance education overseas.
However, international students living in Australia must, in each compulsory trimester (that is, Trimesters 1 and 2), enrol in at least one unit that is offered as a Campus located unit and can, in addition enrol in units offered via Cloud (online). International students are not permitted to do more than 25% of their total course via Cloud (online) learning. Best practice is to enrol in mostly Campus located units in each compulsory trimester.
In a non-compulsory trimester (Trimester 3), international students may study Cloud (online) units only.
Fees and scholarships
Learn more about fees and your options for paying.
The tuition fees you pay are calculated depending on the course you choose.
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.
A Deakin scholarship might change your life. If you've got something special to offer Deakin – or you just need the financial help to get you here – we may have a scholarship opportunity for you.
If you’re a Deakin alumni commencing a postgraduate award course, you may be eligible to receive a 15% reduction per unit on your enrolment fees. Your spouse and members of your immediate family may also be eligible to apply for this bursary.
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.
By choosing appropriate units within the Master of Commerce, you may satisfy the professional recognition requirements for entry into alternate professional bodies including CPA Australia, Chartered Accountants Australia and New Zealand (CAANZ), the Institute of Public Accountants (IPA), the Association of Chartered Certified Accountants (ACCA) or the Institute of Certified Management Accountants (ICMA).
Course learning outcomes
Deakin's graduate learning outcomes describe the knowledge and capabilities graduates can demonstrate at the completion of their course. These outcomes mean that regardless of the Deakin course you undertake, you can rest assured your degree will teach you the skills and professional attributes that employers value. They'll set you up to learn and work effectively in the future.
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.
Demonstrate business communication techniques to convey complex commerce concepts and proposals to both specialists and non-specialists.
Apply appropriate digital technologies to find, use, manage and disseminate complex commerce knowledge and ideas.
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.
Conceptualise, construct and recommend solutions to real world and ill-defined problems faced by decision-makers in a business environment.
Demonstrate initiative and independence in learning and research in both a broad and a specialised field of commerce.
Work and learn with others from different disciplines and backgrounds.
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 Apply web page. Please note that closing dates may vary for individual courses.
Need more information on how to apply?
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*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.
Credit for prior learning
If you have completed previous studies which you believe may reduce the number of units you have to complete at Deakin, indicate in the appropriate section on your application that you wish to be considered for credit for prior learning. You will need to provide a certified copy of your previous course details so your credit can be determined. If you are eligible, your offer letter will then contain information about your credit for prior learning.
Your credit for prior learning is formally approved prior to your enrolment at Deakin during the Enrolment and Orientation Program. You must bring original documents relating to your previous study so that this approval can occur.
You can also refer to the Credit for Prior Learning System which outlines the credit that may be granted towards a Deakin University degree.
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).