Master of Commerce

Course summary for local students

Year2017 course information
Award granted

Master of Commerce

Campus

Offered at Burwood (Melbourne),

Cloud (online)

Length2 years full-time or part-time equivalent
Next available intake

2016: November (Trimester 3)

2017: March (Trimester 1), July (Trimester 2), November (Trimester 3)

Tuition fee rateAvailable fee rates can be found at www.deakin.edu.au/fees
LevelHigher Degree Coursework (Masters and Doctorates)
Faculty contacts

Faculty of Business and Law - student advisers
Tel 03 9244 6555
Email buslaw@deakin.edu.au

CRICOS course code027129E
Deakin course code M755

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.

Professional recognition

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

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 www.deakin.edu.au/fees.

Career opportunities

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.

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.

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.

Approved by Faculty Board October 2014

 

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 (which may include a core unit) and 4 credit points of electives.  Most units (think of units as 'subjects') are equal to 1 credit point.

Specialisations

Refer to the details of each specialisation for availability.

 

Course structure

Core Units

MPA701Accounting

MPM701/MPM701ABusiness Process Management ^

MPM731Business Communication for Managers

MPM755Building Success in Commerce

MPF753Finance

MPE781Economics for Managers

Plus 2 credit points from:

MAA763Governance and Fraud

MPM732Critical Thinking for Managers

MMH733Ethics for Managers

MIS770/MIS770AAnalytical Skills Foundations ^*

MPK704Sustainable Environmental Marketing

which may also include one unit from:

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 with prior written approval of the Course Team Chair.

The below unit is a recommended elective for students undertaking the Accounting specialisation to fulfil CPA requirements.

MLC707Commercial and Corporations Law

 

 

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

Minimum entry requirements

 - Bachelor degree in any discipline

or

  - Masters degree in any discipline

or

 - Graduate certificate in related discipline and 5 years relevant work experience

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 and how to apply for credit.

Credit for prior learning - specific

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).

How to apply

Applications for this course can be made directly through our Applicant Portal.

For more information on the application process, visit our Apply webpage. Please note that closing dates may vary for individual courses.


Income support

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.

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.