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Objectives
Deakin’s Master of Commerce is a discipline-based coursework degree with common core units in Accounting, Information Systems for Business, Economics for Managers and Finance. It is designed for graduates of any discipline, as a first qualification in business. The course uses sophisticated computer-mediated conferencing for lectures, 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. As part of the Master of Commerce you must complete at least one specialisation in the areas of Accounting, Arts and Entertainment Management, Business Systems Development, Commercial Law, Electronic Business, Enterprise Security Management, Finance, Financial Planning, Information Systems Project Management, Insurance, International Trade and Business, Management Information Systems, Marketing and Risk Management.
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Entry requirements
Applicants must hold a bachelors degree or equivalent in any discipline to be eligible for admission. Selection will be on the basis of academic results.
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Academic title
Master of Commerce
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Course description
Professional recognition
By choosing appropriate units within the Master of Commerce, you may satisfy the professional recognition 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).
Fees and charges
Equivalent Full Time Student Load (EFTSL)
EFTSL is the standard annual full time load. Eight credit points is the standard full time load for one year of study.
This is a fee-paying course. Domestic students may be eligible for FEE-HELP assistance in paying these tuition fees. For more information about FEE-HELP go to http://www.deakin.edu.au/future-students/fees/
Fee paying place - Domestic (DFP)
A Fee paying place is one for which the university does not receive any government funding. As such, students enrolled in these places are required to contribute the full cost of their course.
Fee paying places are available to domestic students. Domestic students are those who are Australian citizens, New Zealand citizens or holders of a permanent visa.
* The 'indicative annual course fee' cited has been provided as a guide only. It has been calculated on the basis of a typical enrolment of a student undertaking the course in 2009, and reflects the cost involved in undertaking a full-time quota of units within the specified discipline.
The actual fees charged by Deakin University will depend upon the discipline from which each individual unit is chosen, 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 2009 can be viewed at http://www.deakin.edu.au/current-students/handbooks2009/search.php.
Please note that the fees per unit/credit point may increase annually due to rises in the cost of course delivery and service.
Deakin assumes no responsibility for persons relying on 'indicative course fees' to calculate the total future cost of their course.
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 rules
The MCom is a 12-credit-point degree. Students will be required to complete a core of 4 credit points and at least one specialisation of 4 credit points, which may include a core unit, chosen from the range of specialisations offered.
To complete the degree students may choose any units from the full range of MCom units offered. It will be possible 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).
Specialisations
Accounting
Arts and Entertainment Management
Business Systems Development
Commercial Law
Economics ^
Electronic Business
Enterprise Security Management
Finance
Financial Planning
Information Systems Project Management
Insurance
International Trade and Business
Management Information Systems
Marketing
Risk Management
^ continuing students only
Course structure
Compulsory units
MPA701 Accounting
MPC701 Information Systems for Business
MPE781 Economics for Managers
MPF753 Finance
Elective units
The remaining credit points are selected from any unit listed below including the general elective units listed directly 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.
MPT722/MPR722 Human Resource Management (Residential) # *
or
MPM722 Human Resource Management
#MPT code denotes study tour version of the unit.
*MPR code denotes residential version of the unit.
Admission 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 Deakin Admissions Policy visit The Guide
Admission requirements - specific
Applicants must hold a bachelors degree or equivalent in any discipline to be eligible for admission. Selection will be on the basis of academic results.
Advanced standing - 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 Advanced Standing 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 referring to closing dates for applications as dates for particular courses may vary.
Your faculty may require further information from you when submitting your application. Please refer to the faculty information website for further details.
Advanced Standing / Credit for Prior Study
Advanced standing into the Master of Commerce may be granted to students who have successfully completed appropriate postgraduate studies. There are negotiated advanced standing arrangements in place for CPA members.
