Master of Commerce
Course summary for local students
|Year||2016 course information|
Master of Commerce
Offered at Burwood (Melbourne),
|Length||2 years full-time or part-time equivalent|
|Next available intake|
March (Trimester 1), July (Trimester 2), November (Trimester 3)
|CSP annual fee (indicative) - commencing 2016||Not applicable|
|Full fee paying annual fee - commencing 2016||$26,000 - Full-fee paying place|
Faculty of Business and Law - student advisers
|Level||Higher Degree Coursework (Masters and Doctorates)|
|CRICOS course code||027129E|
|Deakin course code||M755|
- Course overview
- Professional recognition
- Fees and charges
- Career opportunities
- Course rules
- Course structure
- Entry requirements - general
- Entry requirements - specific
- Credit for prior learning - general
- How to apply
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 Business Strategy and Analysis); 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, Managing for Environmental Sustainability 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, as a first qualification in business.
The course uses sophisticated computer-mediated conferencing for classes, conferences, group work and debates among students, as well as for assessment. One of the great benefits of this is the excellent experience it will provide you in the use of information technology, which is a core competency for employees in today’s commerce and related industries.
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).
Fees and charges
Equivalent Full Time Student Load (EFTSL)
EFTSL is the standard annual full time load. Eight credit points is considered a standard full time load for one year. Each unit you study has an EFTSL value. You can add these together to calculate your study load each year. Depending on enrolment, you may be enrolled in more than or less than the one EFTSL each year.
Commonwealth supported place (CSP)
Under the present legislation, a Commonwealth supported place is one for which the University receives some Government funding. Students enrolled in these places are required to contribute part of their course costs. To be eligible for a Commonwealth supported place you must be an Australian citizen, or New Zealand citizen or holder of a permanent visa who will be residing in Australia for the duration of your study.
The current Federal Government has proposed a number of major reforms for the higher education sector (see the Higher Education and Research Reform Amendment Bill 2014), including fee deregulation in respect of domestic student fees. This legislation may be reintroduced to the parliament in the latter half of 2015 and if passed, will impact on the CSP and FFP course fees applicable in 2016.
* Therefore, the indicative annual course fee shown is provided as a guide only. It has been calculated on the basis of a typical enrolment of a student undertaking the course in 2015, and reflects the cost involved in undertaking full-time study within the specified discipline. The 2016 CSP and FFP course fees may change if the Commonwealth Government's proposed fee deregulation and reforms legislation is passed.
The actual fees charged by Deakin University, will depend on the individual unit discipline and may vary from the indicative course fee cited, particularly if units are chosen from a number of disciplines. The cost of each unit offered in 2016 can be viewed from the Unit Search. Should a change in Government policy affect the cost of units offered, the website will be updated as soon as possible.
Full fee paying (FFP)
A full fee paying place is one which the University does not receive any Government funding. Students enrolled in these places contribute the full cost of their course.
Domestic full-fee paying places are available to Australian citizens, New Zealand citizens or holders of a permanent visa.
The actual course fees charged by Deakin University, is based on the course and the study load (EFTSL) being undertaken. The study load (EFSTL) value of each unit offered in 2016 can be viewed from the Unit Search.
Fee information for all domestic students
The fees per course/unit/credit point may be otherwise subject to an annual increase due to rises in the cost of course delivery and service.
This indicative and annual course fees provided are a guide only. No representation is made that the information provided is current or accurate. Deakin assumes no responsibility for persons relying on indicative course fees to calculate the total future cost of their course. Applicants can email email@example.com au for more information about 2016 fees.
Fee payment assistance
Australian citizens or holders of a permanent humanitarian visa, enrolling in a CSP or FFP, may be eligible for HECS-HELP or FEE-HELP respectively. For more information about HECS-HELP or FEE-HELP visit the Study Assist website.
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.
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.
|MPM701||Business Process Management|
|MPM731||Business Communication for Managers|
|MPM755||Building Success in Commerce|
|MPT781/MPE781||Economics for Managers #|
Plus 2 credit points from:
|MAA763||Governance and Fraud|
|MPM732||Critical Thinking for Managers|
|MMH733||Ethics for Managers|
|MIS770||Analytical Skills for Managers|
|MPK704||Sustainable Environmental Marketing|
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.
|MLC707||Commercial and Corporations Law|
#MPT code denotes study tour version of the unit
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.
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.
Approved by Faculty Board October 2014
Entry requirements - general
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.
For more information on the Admission Criteria and Selection Policy visit The Guide.
Entry requirements - specific
- A 3 year bachelor's degree or AQF equivalent
- A graduate certificate in a congnate area + 5 years minimum relevant work experience; or
-A master's degree
Applicants may be eligible for Credit for Prior Learning for appropriate units of completed postgraduate study.
Credit for prior learning - general
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.
How to apply
Applications must be made directly to the University through the Applicant Portal. Details of available courses and application closing dates can be found on the Apply webpage. Please note that closing dates may vary for individual courses.
Your course may require further information in support of your application. Please refer to the faculty information website for further details.
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.
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.