Master of Commerce

Course summary for current students

Year2016 course information
Award granted

Master of Commerce


Offered at Burwood (Melbourne),

Cloud (online)

Duration2 years full-time or part-time equivalent
CRICOS course code027129E
Deakin course codeM755

Course sub-headings

Course overview

Deakin’s Master of Commerce (MCom) is a discipline-based coursework degree with six core units (Accounting, Finance, Economics for Managers, Business Process Management, Business Communication for Managers, and Building Success in Commerce); a selection of at least two units from a further six co-core units (Corporate Governance and Ethics, Critical Thinking for Managers, Ethics for Managers, Analytical Skills for Managers, Sustainable Environmental Marketing and Postgraduate Internship); at least one specialisation (four units); and the option to take a second specialisation or select further elective units of study.

It is designed for graduates of any discipline.

The course is suitable for graduates in diverse fields (e.g. arts, science, nursing or education) who wish to prepare themselves for a professional career by gaining a thorough knowledge of the key business disciplines.

As part of the Master of Commerce you must complete at least one specialisation as listed.  By choosing appropriate units within the Master of Commerce, you may satisfy the professional requirements of CPA Australia, Institute of Chartered Accountants in Australia (ICAA), the Institute of Certified Management Accountants (ICMA) or associate membership requirements of the Australian Computer Society (ACS).

The eligibility of students for membership of the accrediting body is subject to meeting the requirements of that body and that Deakin makes no representations that individuals will meet those requirements.

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.

Approved by Faculty Board October 2014


Fees and charges

All Commonwealth Supported Place (CSP), fee paying undergraduate and pre-2016 commencing students

Your course tuition fees are calculated based on the units you study. Please refer to the Pre 2016 Unit Fee Cost in the Unit Search.

2016 commencing International and full fee paying postgraduate domestic students

Your course tuition fees are calculated based on the course you study. The following rates apply:

Commonwealth Supported Place (indicative)*Domestic Fee PayingInternational Fee Paying
Not applicable$26,000$33,000

The rates shown are based on 1 Equivalent Full Time Study Load (EFTSL) or 8 credit points. If your study load for the year is less than or more than 1 EFTSL your fees will be adjusted accordingly. Each unit you study has an EFTSL value. You can multiple the course price by the EFSTL value of all units you are enrolled in to determine the unit price.

* The Commonwealth Supported Place (CSP) course rates shown are indicative course fees. CSP fees are indicative because they are calculated based on your unit selection. They should be used as a guide only. The 2016 CSP course fees may change if the Commonwealth Government's proposed fee deregulation and reforms legislation is passed.

Course rules

The MCom is a 16 credit point degree. Students will be required to complete a core of 8 credit points and at least one specialisation of 4 credit points, which may include a core unit. The remaining credit points may be selected from the range of specialisations offered.

Students may choose to complete more than one specialisation. Students may also choose to exit the Master of Commerce early with either a Graduate Certificate of Commerce (consisting of any four Master of Commerce units) or a Graduate Diploma of Commerce (consisting of any eight Master of Commerce units).

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).


Refer to the details of each specialisation for availability.


Arts and Cultural Management

Business Analytics

eBusiness and Supply Chain Management ^


Financial Planning

Information Systems

Insurance and Risk Management ^

International Trade and Business


Project Management

Public Sector Studies  

Retail Management ^

eBusiness and Social Media Strategies

^ Offered to continuing students only

Course structure

Core Units


MPM701Business Process Management

MPM731Business Communication for Managers

MPM755Building Success in Commerce

MPT753/MPF753Finance #

MPT781/MPE781Economics for Managers #

Plus 2 credit points from:

MAA763Governance and Fraud

MPM732Critical Thinking for Managers

MMH733Ethics for Managers

MIS770Analytical Skills Foundations *

MPK704Sustainable Environmental Marketing

MWL702Business Practicum

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

Elective Units

The remaining credit points are selected from any unit listed in the MCom specialisations below.  Selection of elective units must form at least one Master of Commerce specialisation. Students may choose other postgraduate units with prior written approval of the Course Team Chair.

MLC707Commercial and Corporations Law
is a recommended elective for students undertaking the Accounting specialisation to fulfil CPA requirements.

#MPT code denotes study tour version of the unit

Details of specialisations

Accounting (unit set code SP-M75501)

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 (unit set code SP-M755013)

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 (unit set code SP-M75519)

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 (unit set code SP-M75521)

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

Information Systems (unit set code SP-M75502)


MIS701Business Requirements Analysis

MIS761Enterprise Information Management

MIS731Information Security and Governance

MIS782Value of Information

Finance (unit set code SP-M75505)

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 (unit set code SP-M755011)

Select 4 credit points of units from:

MAF702Financial Markets

MAF707Investments and Portfolio Management

MAF708Superannuation and Retirement Planning

MAF709Financial Planning Development

MAF714Managing Client Relationships

MAF715Estate Planning Strategies

MAF765Financial Planning Fundamentals

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.

Insurance and Risk Management (unit set code SP-M755018)

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

International Trade and Business (unit set code SP-M75514)

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.

Marketing (unit set code SP-M75509)

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 (unit set code SP-M75522)

MIS701Business Requirements Analysis

MIS798Project Management

MPM721People Management

MPI702Unit description is currently unavailable

Public Sector Studies (unit set code SP-M75517)

AIP740Public Policy Analysis

AIP747Policy and Program Evaluation

AIP748Intergovernmental Relations

AIP773Governance and Accountability

AIP780Managing Public Expenditure

AIP784Executive Government

eBusiness and Social Media Strategies (unit set code SP-M75520)

MIS712eBusiness Strategies

MIS713Supply Chain Management and Logistics

MIS784Customer Analytics

MMK737Online Marketing

Retail Management (unit set code SP-M75516)

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.