Master of Commerce

Postgraduate coursework

Pursuing a commerce postgraduate course can lead to a career in virtually any area of business and government. Apply for a Master of Commerce.

Key facts

English language requirements

IELTS overall score of 6.5 (with no band score less than 6) or equivalent

Duration

Depending on your professional experience and previous qualifications, the Master of Commerce is typically 1, 1.5 or 2 years duration:

  • 1 year full time (2 years part time) - 8 credit points
  • 1.5 year full time (3 years part time) - 12 credit points
  • 2 year full time (4 years part time) - 16 credit points

Deakin courses can also be studied part time over a longer period.

Current Deakin Students

To access your official course details for the year you started your degree, please visit the handbook

Course information

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.

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Course structure

The Master of Commerce is typically 8, 12 or 16 credit points. The exact number of credit points you study depends on how much credit you receive as recognition of prior learning (RPL)-- your professional experience and previous qualifications--which can save you time and money.

The Master of Commerce consists of a total of 16 credit points, including 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 may choose to complete more than one specialisation.

Electives may be selected from:-

  • a Master of Commerce specialisation, or
  • other postgraduate units offered by the University subject to eligibility and approved by the Course Director.

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

8

Core units

4

Elective units

4

Specialisation units

16

Total units

Core units

  • Accounting MPA701
  • MPM701/MPM701ABusiness Process Management ^
  • Business Communication for Managers MPM731
  • Building Success in Commerce MPM755
  • Finance MPF753
  • MPT781/MPE781Economics for Managers ^
  • 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

    ^ MPT code denotes Study Tour version of the unit

    *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.

  • Business Law MLC707
  • Specialisations

    Refer to the details of each specialisation for availability.

     

    Key information

    Award granted

    Master of Commerce

    Year
    2019 course information
    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.

    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
    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.

    Mandatory student checks
    Any unit which contains work-integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. Refer to the relevant unit guide.

    Course duration - additional information
    Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.

    Mandatory student checks

    Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.

    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.

    Participation requirements

    Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.

    Placement can occur at any time, including during the standard holiday breaks listed here: http://www.deakin.edu.au/courses/key-dates.

    Reasonable adjustments to participation and other course requirements will be made for students with a disability. Click here for more information.

    Work experience

    This course provides students the opportunity to complete one or more elective work integrated learning units.

    [More information: WIL Programs]

    Entry requirements

    Entry information

    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.

    Admission to study postgraduate coursework at Deakin is based on recognition of your
    professional experience and previous qualifications.

    1 year full time (2 years part time) – 8 credit points
    Admission is based on:

    • Bachelor honours (AQF8) degree in a related discipline
    • Bachelor degree in a related discipline, plus two years relevant work experience
    • Graduate certificate or graduate diploma in a related discipline
    • Evidence of academic capability judged to be equivalent.

    1.5 years full time (3 years part time) – 12 credit points
    Admission is based on:

    • Bachelor degree in a related discipline
    • Bachelor degree in any discipline, plus two years relevant work experience
    • Evidence of academic capability judged to be equivalent.

    2 years full time (4 years part time) – 16 credit points
    Admission is based on:

    • Bachelor degree or other qualification at a higher AQF level in any discipline
    • Evidence of academic capability judged to be equivalent.

    All applicants must also meet the minimum English language requirements.

    Please note that meeting the minimum admission requirements does not guarantee selection, which is based on merit, likelihood of success and availability of places in the course.

    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.

    Cloud studies

    Deakin offers many courses which can be studied by distance education overseas.

    However, international students living in Australia on a student visa, in each compulsory trimester (that is, Trimesters 1 and 2), must 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 may undertake a maximum of up to one third (or equivalent) of their study as Cloud (online) study. Please note enrolment in one face to face unit in compulsory study periods is only allowed if the student is completing their final unit of study and will not exceed maximum one third (or equivalent) online requirement.

    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).

    Fees and scholarships

    Fee information

    Estimated tuition fee - full-fee paying place

    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.

    Scholarship 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.

    Search or browse through our scholarships

    Postgraduate bursary

    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.

    Learn more about Deakin’s 15% postgraduate bursary

    Apply now

    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.

    Apply through Deakin
    Deakin International office or Deakin representative

    Fill out the application form and submit to a Deakin International office or take your application form to a Deakin representative for assistance

    PDF Application form - 306 KB


    Need more information on how to apply?

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


    Entry 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 image to expand

    *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

    Frequently asked questions

    How do I apply?

    We provide step-by-step guidance online to make applying to Deakin easy. And, with three study periods a year, the next intake is never far away. Learn more about the application process and entry requirements by visiting our How to apply page.

    When do applications close?

    Application deadlines depend on the course and trimester you’re applying for.

    Find out the application open and close dates for your course by visiting our Key dates page.

    Missed the application cut-off? The good news is Deakin has three study periods a year, which means the next intake is never far away.

    How do fees work?

    Fees are paid according to the units you study each trimester.

    Don’t worry, you don’t need to pay your course fees upfront. There are different loans available depending on the type of student you are and the course you’re applying for.

    For more information on fees, including payment assistance, and understanding what type of student you are, visit our Fees hub.

    If we haven’t answered your question, our student enquiries team is ready to help.

    Why choose Deakin

    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.

    Professional recognition

    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 (CA ANZ), 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.

    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.

     

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