Master's Degree Business & Management Full Time

Master of Commerce

at University of Melbourne · Melbourne, Victoria

CRICOS course code

075103F

CRICOS provider code

00116K

This course is registered on the Commonwealth Register of Institutions and Courses for Overseas Students. Verify it yourself at cricos.education.gov.au before paying any fee.

Duration

1.5 years

Tuition (whole course)

A$64,562 total

Per year

A$43,041/yr

Intake

Semester 1 (Feb/Mar), Semester 2 (Jul)

About this program

The Master of Commerce at the University of Melbourne is a rigorous 1.5-year postgraduate programme developed for graduates aiming to advance their expertise in business, management, and commerce disciplines. This course is structured to offer both breadth and depth—students typically complete a combination of core units and specialised electives, accumulating credit points over three semesters. The curriculum often encompasses advanced topics in areas such as accounting, finance, business analytics, economics, marketing, and management. A capstone project or research thesis provides an opportunity to synthesise learning and demonstrate analytical and research skills, while some streams may also offer exposure to real-world business issues through case studies and project work.

The degree is designed to build advanced technical and professional skills essential for leadership and specialist roles in the business sector. Students develop critical thinking, data analysis, communication, and strategic decision-making abilities that are highly valued by employers in Australia and globally. Teaching and assessment methods encourage not just technical competence but also collaboration, adaptability, and ethical awareness—key skills in today’s business landscape. Work-integrated learning opportunities, where available, connect students with leading Australian businesses and industry partners, enhancing employability and professional networks.

This programme caters to recent graduates and early-career professionals seeking to deepen commercial acumen or pivot into business-related sectors. The University of Melbourne’s links with the Australian business community and research organisations offer a strong foundation for industry-relevant learning and networking. Given the course’s structure and demand for business professionals, students may be eligible for the Temporary Graduate visa (subclass 485) post-study work stream, and can work up to 48 hours per fortnight during study, allowing immersion in Australia’s dynamic business environment. Prospective students are encouraged to refer to the official programme page for further details on course content and structure.

Entry requirements

English: International applicants must evidence English proficiency. IELTS Academic 6.0–6.5 overall is the common undergraduate and coursework-postgraduate standard, rising to 7.0–7.5 for teaching, nursing, medicine, law and social work. TOEFL iBT, PTE Academic, Cambridge C1 Advanced and the university’s own English programmes are accepted as equivalents; the Department of Home Affairs sets a separate English threshold for the Student visa itself.

International students: Registered on CRICOS for international students. A Confirmation of Enrolment (CoE) for this course supports a Student visa (subclass 500) application; Overseas Student Health Cover is required for the full duration.

Career outcomes

Business Analyst in Australia’s banking, consulting, or corporate sectors
Management Consultant for major firms or industry projects
Financial Analyst for investment, accounting, or insurance organisations
Marketing or Brand Manager within Australian consumer or service industries
Policy Advisor for government or not-for-profit agencies
Entrepreneur or business development leader in start-up and innovation ecosystems
Academic or research roles within higher education or commercial research institutes

Frequently asked questions

How long is the Master of Commerce at University of Melbourne?

It typically takes 1.5 years, with intakes in Semester 1 (Feb/Mar), Semester 2 (Jul).

How much is the tuition?

Tuition is around A$64,562 total. Fees change yearly — confirm with an advisor.

What are the career outcomes?

Business Analyst in Australia’s banking, consulting, or corporate sectorsManagement Consultant for major firms or industry projectsFinancial Analyst for investment, accounting, or insurance organisationsMarketing or Brand Manager within Australian consumer or service industriesPo...

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