Master of Commerce

Course summary for current students

Year2018 course information
Award granted

Master of Commerce


Offered at Burwood (Melbourne),

Cloud (online)


1.5 to 2 years full-time or part-time equivalent

CRICOS course code027129E
Deakin course codeM755
Approval statusThis course is approved by the University under the Higher Education Standards Framework.
Australian Quality Framework (AQF) recognitionThe award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9.

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

Course sub-headings

Course 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.

Indicative student 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.

Alternative exits

Graduate Certificate of Commerce (M516)
Graduate Certificate of Professional Accounting (M506)
Graduate Diploma of Commerce (M616)
Graduate Diploma of Professional Accounting (M696)

Fees and charges

Fees and charges vary depending on your course, your fee category and the year you started. To find out about the fees and charges that apply to you, visit the Current students fees website.

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.


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.


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.

Global Citizenship

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


Course rules

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 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.


Refer to the details of each specialisation for availability.

^ Offered to continuing students only

Course structure

Core Units


MPM701/MPM701ABusiness Process Management ^

MPM731Business Communication for Managers

MPM755Building Success in Commerce


MPE781Economics for Managers

Plus 2 credit points from:

MAA763Governance and Fraud

MPM732Critical Thinking for Managers

MMH733Ethics for Managers

MIS770/MIS770AFoundation Skills in Data Analysis ^*

MPK704Sustainable Environmental Marketing

which may also include one unit from:

MAA767Integrated Reporting and Value Creation

MWL702Business Practicum

MWL703Team Internship

MWL704Work Based Learning

^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.

MLC707Commercial and Corporations Law



Details of specialisations



Burwood (Melbourne), Cloud (online)

Unit set code



MAA703Accounting for Management

MAA705Corporate Auditing

MAA716Financial Accounting

MAA725Advanced Accounting Principles and Practice

From 1 January 2004, candidates who complete an accredited degree in Australia have the option of either completing Auditing and/or Taxation at university OR at postgraduate level in the CPA Program. All other core curriculum areas must be completed for entry as an Associate member.


Arts and Cultural Management


Burwood (Melbourne), Cloud (online)

Unit set code



Select 4 credit points of units from:

MMK792Arts Marketing

MMM790Arts Management

MMM793Managing Cultural Projects and Events

MMM796Managing Arts in Community Settings

MMM799Arts Fundraising and Sponsorship


Business Analytics


Burwood (Melbourne), Cloud (Online)

Unit set code



MIS771Descriptive Analytics and Visualisation *

MIS772Predictive Analytics *

MIS775Decision Modelling for Business Analytics *

MIS781Business Intelligence

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

* Students must complete MIS770 prior to enrolling into units, MIS771, MIS772 and MIS775


eBusiness and Supply Chain Management

Offered to continuing students only.

For all enquiries contact a student adviser.


Information Systems


Burwood (Melbourne), Cloud (Online)

Unit set code



MIS701Business Requirements Analysis

MIS761Enterprise Information Management

MIS731Information Security and Governance

MIS782Value of Information




Burwood (Melbourne), Cloud (Online)

Unit set code



Select 4 credit points of units from:

MAF702Financial Markets

MAF703Applied Corporate Finance

MAF704Treasury and Risk Management

MAF707Investments and Portfolio Management

MAF711Modelling Techniques for Finance


Financial Planning


Burwood (Melbourne), Cloud (Online)

Unit set code



Select 4 credit points of units from:

MAA700Estate Planning and Risk Management Strategies *

MAA719Superannuation and Retirement Planning ~

MAA727Financial Planning Development #

MAA728Managing Client Relationships ^

MAA745Financial Planning Fundamentals +

MAF702Financial Markets

MAF707Investments and Portfolio Management

MLC703Principles of Income Tax Law

Note: Students will be required to complete all eight units to satisfy the Financial Planning Association's approved degree requirement for entry into the CFP Certification Program.

~ previously coded MAF708

# previously coded MAF709

^ previously coded MAF714

* New unit consolidating MAA746 and MAA729

+ previously coded MAF765

Insurance and Risk Management

Unit set code


Offered to continuing students only. For all enquiries contact a student adviser


International Trade and Business


Burwood (Melbourne), Cloud (Online)

Unit set code



MPE707International Banking and Finance

MPE711Global Trade and Markets

MPM703Business Strategy and Analysis

MPT735/MPM735International Business Management #

#MPT code denotes study tour version of the unit.




Burwood (Melbourne), Cloud (Online)

Unit set code



MPT732/MPK732Marketing Management #

plus 3 credit points of units from:

MMK738Integrated Marketing Communication

MMK739Strategic Brand Management

MMK751Services Marketing

MPK701Research Design and Analysis

MPK713Consumer Behaviour

MPT736/MPK736International Marketing #

# MPT code denotes study tour version of the unit

Project Management


Burwood (Melbourne), Cloud (Online)

Unit set code



MIS701Business Requirements Analysis

MIS798Project Management

MPM722Human Resource Management

plus 1 credit point from:

MWL702Business Practicum

MWL703Team Internship

MWL704Work Based Learning


Public Sector Studies


Burwood (Melbourne), Cloud (Online)

Unit set code



Select 4 credit points of units from:

AIP740Policy Lessons From Overseas

AIP747Policy and Program Evaluation

AIP748Intergovernmental Relations

AIP773Governance and Accountability

AIP780Managing Public Expenditure

AIP785Political Competition ^

^ Previously coded AIP784


eBusiness and Social Media Strategies


Burwood (Melbourne), Cloud (Online)

Unit set code



MIS712eBusiness Strategies

MIS713Supply Chain Management and Logistics

MIS784Marketing Analytics

MMK737Online Marketing


Retail Management

Unit set code


Offered to continuing students only
For all enquiries contact a student adviser


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.