Master of Accounting
The Master of Accounting program at Monash University offers a compreh...
Master of Commerce
Melbourne
INTAKE: February
Program Overview
The Master of Commerce program is a 24-month full-time course that provides students with a solid foundation in key areas of commerce. The program combines theoretical learning with practical experiences to develop students' critical thinking, problem-solving, and analytical skills. It offers a broad range of elective subjects, allowing students to tailor their studies to suit their interests and career goals. The program also offers opportunities for industry engagement and internships, providing valuable real-world experience.
Core Subjects: The program includes a set of core subjects that provide students with a strong foundation in key areas of commerce. These subjects cover topics such as financial accounting, managerial accounting, business economics, business law, marketing management, organizational behavior, and strategic management. The core subjects ensure that students develop a comprehensive understanding of the fundamental principles and practices in commerce.
Specialization Options: The Master of Commerce program offers a variety of specialization options to allow students to focus their studies on specific areas of interest. Specialization areas may include finance, marketing, accounting, economics, business analytics, supply chain management, and more. Students can choose their specialization based on their career aspirations and personal interests, gaining in-depth knowledge and expertise in their chosen field.
Applied Learning: The program emphasizes applied learning to ensure that students can apply their knowledge and skills in real-world business contexts. Students have opportunities to participate in case studies, simulations, and group projects that simulate real business scenarios. These activities help students develop practical skills in problem-solving, decision-making, teamwork, and communication, which are essential for success in the business environment.
Industry Engagement: The Master of Commerce program fosters strong connections with industry through guest lectures, industry projects, and networking events. Students have the opportunity to interact with industry professionals, gaining insights into current business practices and trends. These industry engagements provide valuable networking opportunities and enhance students' understanding of the practical application of commerce principles.
Global Perspective: In today's interconnected world, understanding global business dynamics is crucial. The program incorporates a global perspective by offering subjects that explore international business, cross-cultural management, and global market trends. Students develop an appreciation for the complexities of operating in global markets and acquire the skills needed to work in multinational organizations or pursue international career opportunities.
Research Project: As part of the program, students undertake a research project that allows them to delve deeper into a specific area of commerce. The research project enables students to apply their research and analytical skills to explore a business problem or opportunity. It also provides an opportunity for students to work closely with faculty members and gain experience in conducting independent research.
Location
Melbourne
Score
IELTS 6.5
Tuition Fee
AUD 35000
Postgraduate Entry Requirements:
Academic Qualifications: To be eligible for postgraduate programs, international students should hold a bachelor's degree or equivalent qualification from a recognized institution. Minimum 65% in your previous academic qualifications.
English Language Proficiency:
- IELTS: Overall 6.5 or 7.0, depending on the program, with no band less than 6.0.
- TOEFL: Overall 79, with minimum subsection scores of Listening 12, Reading 13, Writing 21, and Speaking 18.
- PTE: Overall 58, with a minimum of 50 in each section.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
Work experience: Some postgraduate courses may require relevant work experience in the field.
It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.
Monash University offers a range of scholarships to both domestic and international students to help cover the cost of tuition fees, living expenses, and other study-related costs. These scholarships are awarded based on academic excellence, financial need, leadership potential, and other criteria.
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Monash International Merit Scholarship: This scholarship is offered to international students who have demonstrated academic excellence in their previous studies. The scholarship provides up to $10,000 per annum for the duration of the student's course.
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Monash Graduate Scholarship: This scholarship is available to high-achieving domestic and international students who are undertaking a graduate research degree at Monash University. The scholarship provides a living allowance of $29,500 per annum, as well as a range of other benefits.
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Monash Asylum Seekers Scholarship: This scholarship is designed to provide financial assistance to asylum seekers who are undertaking undergraduate or postgraduate study at Monash University. The scholarship covers the cost of tuition fees, as well as a range of other study-related expenses.
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Monash Equity Scholarship: This scholarship is offered to students who have experienced financial hardship or other forms of disadvantage that have impacted their ability to succeed academically. The scholarship provides up to $6,000 per annum to assist with living expenses and other costs.
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Monash Indigenous Scholarship: This scholarship is available to Indigenous students who are undertaking undergraduate or postgraduate study at Monash University. The scholarship provides a range of benefits, including financial assistance, mentoring, and academic support.
The Master of Commerce program at Monash University in Melbourne provides graduates with a solid foundation and a diverse skill set that opens up numerous career opportunities in the business and commerce sectors. With its strong industry connections, practical learning experiences, and specialized knowledge, the program prepares students for a wide range of professional roles.
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Business Management: Graduates of the Master of Commerce program often pursue careers in business management. They are equipped with the skills and knowledge needed to lead teams, manage projects, and make strategic business decisions. Graduates can explore roles such as business analyst, operations manager, project manager, or general manager in various industries.
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Financial Services: The program offers specializations in finance and accounting, preparing graduates for careers in the financial services sector. Graduates can work in areas such as investment banking, financial analysis, risk management, or financial consulting. They may find employment in banks, investment firms, insurance companies, or financial advisory firms.
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Marketing and Brand Management: With a focus on marketing and strategic management, graduates can pursue careers in marketing and brand management. They can work in marketing departments, advertising agencies, market research firms, or as brand managers for companies across different industries. Graduates are equipped with the skills to develop marketing strategies, conduct market research, and manage brand portfolios.
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Consulting and Advisory Services: The Master of Commerce program prepares graduates for careers in consulting and advisory services. They can work as management consultants, providing strategic advice to businesses and organizations. Graduates may specialize in areas such as organizational strategy, process improvement, or business development, and find employment in consulting firms or establish their own consulting practices.
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Entrepreneurship and Innovation: The program fosters an entrepreneurial mindset and equips graduates with the skills to start their own businesses or work in innovative startup environments. Graduates can leverage their knowledge of business planning, financial management, and market analysis to launch successful ventures or join entrepreneurial teams in industries such as technology, e-commerce, or social enterprise.
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Supply Chain and Operations Management: The Master of Commerce program offers specialization options in supply chain management and operations management. Graduates can pursue careers in supply chain planning, logistics, procurement, or operations management. They may find employment in manufacturing companies, retail organizations, logistics providers, or consulting firms specializing in supply chain optimization.
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International Business: With a global perspective embedded in the program, graduates are well-prepared for careers in international business. They can work in multinational corporations, global trade organizations, or government agencies involved in international trade and economic development. Graduates may explore opportunities in international market research, global expansion, or cross-cultural management.
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Research and Academia: For those interested in pursuing research or academic careers, the Master of Commerce program provides a solid foundation for further studies at the doctoral level. Graduates can engage in research roles within academic institutions, policy research organizations, or corporate research departments.
