Master of Commerce
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Overview
The Master of Commerce delivers a flexible, student-centred and relevant postgraduate business education in a range of disciplines. It is highly practical and designed to meet the career needs of graduates. The degree prepares graduates with capabilities for careers in the professions.
Key features
- Flexibility - students can select units to create a program which takes into account their prior knowledge and skills and enables them to achieve their academic objectives.
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Breadth or depth of knowledge - students can select units to create a program that develops their knowledge across a broad area of business and commerce, or elect to complete one or two specialisations to develop depth of knowledge in those areas.
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There are 7 specialisations offered in this degree. They include: accounting, actuarial studies, economics, finance, human resource management, business management and organisations and marketing.
Minimum course duration
1.5 years full time/ equivalent part time
Location
North Ryde
Suitable for
It is suitable for recent graduates or professionals who wish to update their business knowledge and skills, or those looking to change career direction.
Course fee
AUD $22,144.00 p.a. 
Student amenities fee
Information on the Student services and amenities fee
Entry requirements
Applicants must hold a university degree equivalent in standing to a three-year Australian bachelor degree and should have gained a GPA of 2.70 or more (out of 4.00).
Students with relevant business background may be exempt from Gateway units, allowing them to finish the degree in one year.
English language requirements
If you have completed the NSW HSC or equivalent you satisfy the English proficiency requirements.
For full information view the English proficiency requirements table (436 Kb).
Work experience requirements
No work experience required.
What you will study
| General requirements | Credit Points |
|---|---|
| Minimum number of credit points | 48 |
| Minimum number of credit points at 600 level | 16 |
| Minimum number of credit points at 800 level or above | 32 |
| Minimum number of credit points at 800 level or above designated as Commerce | 28 |
| Completion of other specific minimum requirements as set out below |
Specific requirements
The following outlines the units (subjects) to be studied within this master
| 600 level | Credit Points | ||||
|---|---|---|---|---|---|
| Required | 16cp from | ACCG611 | |||
| ACCG612 | |||||
| ACCG613 | |||||
| ACCG614 | |||||
| ACST601 | |||||
| ACST602 | |||||
| ACST603 | |||||
| ACST604 | |||||
| BUS651 | |||||
| ECON632 | |||||
| ECON633 | |||||
| ECON634 | |||||
| ECON635 | |||||
| MKTG696 | 16 | ||||
| 800 level or above | Credit Points | ||||
| Required | one of | 32cp at 800 level or above | |||
| 1 specialisation and 16cp at 800 level or above | |||||
| 2 specialisations | 32 | ||||
Students undertaking this course can choose from the following Master of Commerce specialisations:
- Accounting
- Actuarial Studies
- Business Management and Organisations
- Economics
- Finance
- Human Resource Management
- Marketing
Notes
- The course information contained on this page is applicable for 2012 ONLY.
For more information please read the courses disclaimer.
Careers
Career Opportunities
Master of Commerce graduates can expect career opportunities in diverse industries. Career options can include: Accounting,Financial management, IT support, Market analysis, Marketing, General management, Management consulting, Entrepreneurship and Product management.
Employers
- Accounting and consulting firms
- Large and small businesses
- Business analyst firms
- Financial institutions
- Marketing and PR firms
- Government organisations
- Merchant bankers
- Stockbrokers
- Management consultancy firms
Average starting salary
Graduates can expect competitive salaries that compare well to salaries within other fields. According to the Graduate Careers Australia*, the median starting salary for masters coursework graduates in business studies is $90,000.
*Source: www.gradsonline.com.au, 2 May 2011
Profiles
Our Students
Jessica Chen
I really enjoyed Macquarie University during my bachelor degree with many memories of the friendly students and academic staff, high level standards of teaching, flexibility of timetable options and extra curricular activities such as Mentors@Macquarie that makes me feel proud to be a part of it all. Hence I have decided to return to study postgrad in Masters of Commerce. It is challenging and it makes you want to work hard to achieve better, that is why I find it exciting and rewarding at the same time knowing that by the end this degree I will have a better equipped knowledge to stand out in the workplace
Our Expertise
Associate Professor Peter McGraw
Throughout his career, Peter has been consistently ranked as a top teacher and has won a Macquarie University Outstanding Teacher Award. As a consultant he has worked with many of Australia's best known companies as well as a range of international, public sector and non-profit organisations.
Peter currently teaches The Management of People at Work in the Master of Commerce.
