Deakin University
Master of Commerce
- Delivery: Online
- Study Level: Postgraduate
- Duration: 24 months
- Course Type: Master's
Develop a comprehensive understanding of the concepts and principles integral to accounting, finance, economics, marketing and management with Deakin's Master of Commerce.
Course overview
Designed to accommodate any educational background, this course provides choice and flexibility so you can tailor the course to your career aspirations. Explore a broad range of business concepts or choose from a variety of specialisations. You will learn contemporary business practices, including cutting-edge tools and techniques, to navigate the dynamic business industry.
Whether you're embarking on a career change or looking to deepen your current skill set, the Master of Commerce will enable you to build advanced-level knowledge to apply in real-world business scenarios. You will sharpen your critical thinking skills and become an expert at evaluating complex business problems, giving you the insight to make informed decisions based on sound financial and ethical considerations.
Deakin's Master of Commerce has achieved accreditation from multiple prestigious professional bodies. By choosing relevant units from the program, you gain the opportunity to fulfill the recognition requirements set by professional bodies such as 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). These recognitions open doors to a wide range of career opportunities and establish a solid foundation for professional advancement.
Key facts
What you will study
The Master of Commerce is typically eight, 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.
For students undertaking 16 credit points, you will study five credit points of course electives, one specialisation of four credit points taken from the available specialisations, three credit points of core units and four credit points of open electives.
You must complete the compulsory Academic Integrity Module in your first trimester of study (zero credit point unit).
- Consultancy Experience
- Business Strategy and Analysis
- Building Success in Commerce
Entry requirements
Selection is based on a holistic consideration of your academic merit, work experience, likelihood of success, availability of places, participation requirements, regulatory requirements and individual circumstances. You will need to meet the minimum academic and English language proficiency requirements to be considered for selection, but this does not guarantee admission.
Depending on your professional experience and previous qualifications, you may commence this course with admission credit and complete your course in one year full-time (or part-time equivalent).
One year full-time (or part-time equivalent) - eight credit points
To be considered for admission to this degree (with eight credit points of admission credit applied^*) you will need to meet at least one of the following criteria:
- Completion of a bachelor's degree (honours) (AQF 8) or higher in a related discipline.
- Completion of a bachelor's degree in a related discipline and at least two years of relevant work experience (or part-time equivalent).
- Completion of a graduate certificate or graduate diploma or higher in a related discipline.
- Evidence of academic capability judged to be equivalent.
1.5 years full-time (or part-time equivalent) - 12 credit points
To be considered for admission to this degree (with four credit points of admission credit applied^*) you will need to meet at least one of the following criteria:
- Completion of a bachelor's degree or higher in a related discipline.
- Completion of a bachelor's degree or higher in any discipline and at least two years of relevant work experience (or part-time equivalent).
- Evidence of academic capability judged to be equivalent.
Two years full-time (or part-time equivalent) - 16 credit points
To be considered for admission to this degree (without admission credit applied*) you will need to meet at least one of the following criteria:
- Completion of a bachelor's degree or higher in any discipline.
- Evidence of academic capability judged to be equivalent.
^Related discipline degree: A 'related discipline' award for this course is a bachelor's degree in commerce or business in which students have completed studies explicitly in core areas covering finance, management, marketing and economics.
^Relevant work experience: 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.
*Credit for Recognition of Prior Learning will still be considered on a case-by-case basis.
Recognition of Prior Learning
Deakin University aims to provide students with as much credit as possible for approved prior study or informal learning.
You can refer to the recognition of prior learning (RPL) system which outlines the credit that may be granted towards a Deakin University degree and how to apply for credit.
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).
Visit their website or contact the university for more information.
Outcomes
Learning outcomes
- 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 and to make evidence-based business decisions.
- Critically analyse a range of complex business-related information to make and evaluate informed business decisions in regard to investment, ethical, economic and business management issues.
- Conceptualise and construct informed recommendations and 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 business disciplines and backgrounds.
- Interpret and reflect on the impact of ethics, culture and internationalisation on contemporary business issues.
Career outcomes
The specialisations in commerce could lead to a variety of roles including:
- Professional accountant
- IT and systems professional
- Economist
- Human resources manager
- Social and economic policy developer
- International trade officer
- Marketing assistant/manager
Fees and FEE-HELP
Estimated first-year tuition fee in 2025: $32,600 (domestic full-fee paying place)
All costs are calculated using current rates and are based on a full-time study load of eight credit points (normally eight units) per year.
A student’s annual fee may vary in accordance with:
- The number of units studied per term.
- The choice of major or specialisation.
- Choice of units.
- Credit from previous study or work experience.
- Eligibility for government-funded loans.
Student fees shown are subject to change. Contact the university directly to confirm.
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.