Master of Commerce
2018 Deakin University Handbook
| Year | 2018 course information |
|---|---|
| Award granted | Master of Commerce |
| Course Map | This course map is for new students commencing from Trimester 1 2018. This course map is for new students commencing from Trimester 2 2018. This course map is for new students commencing from Trimester 3 2018. If you require a course map from a previous year, please contact a Student Adviser. |
| Campus | Offered at Burwood (Melbourne) |
| Cloud Campus | Yes |
| Duration | 1.5 to 2 years full-time or part-time equivalent |
| CRICOS course code | 027129E |
| Deakin course code | M755 |
| Approval status | This course is approved by the University under the Higher Education Standards Framework. |
| Australian Qualifications Framework (AQF) recognition | The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9. |
Course sub-headings
- Course overview
- Indicative student workload
- Professional recognition
- Career opportunities
- Participation requirements
- Mandatory student checks
- Alternative exits
- Fees and charges
- Course Learning Outcomes
- Course rules
- Specialisations
- Course structure
- Work experience
- Details of specialisations
- Other learning experiences
- Research and research-related study
Course overview
This course is designed for graduates of any field of study as a first qualification in business.
Deakin’s Master of Commerce is a discipline-based coursework degree with six core units: Accounting, Finance, Economics for Managers, Business Process Management, Business Communication for Managers, and Business Strategy and Analysis. You’ll also complete units, which will lead to the completion of a specialisation of your choice.
The course is also intended to give you a solid introduction to the theoretical principles of finance and the practical requirements of financial management within for-profit corporate organisations.
Learning through classes, conferences, group work and debates among students, graduates will possess highly-developed computer and technology skills for employees in today’s commerce and related industries.
Indicative student workload
As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.
Professional recognition
By choosing appropriate units within the Master of Commerce, you may satisfy the professional recognition requirements for entry into alternate professional bodies including 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).
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.
Participation requirements
Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.
Placement can occur at any time, including during the standard holiday breaks listed here: https://www.deakin.edu.au/courses/key-dates.
Reasonable adjustments to participation and other course requirements will be made for students with a disability. Click here for more information.
Mandatory student checks
Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.Alternative exits
| Graduate Certificate of Commerce (M516) | |
| Graduate Certificate of Professional Accounting (M506) | |
| Graduate Diploma of Commerce (M616) | |
| Graduate Diploma of Professional Accounting (M696) |
Fees and charges
Fees and charges vary depending on your course, your fee category and the year you started. To find out about the fees and charges that apply to you, visit the Current students fees website.
Course Learning Outcomes
| Graduate Learning Outcomes | Course Learning Outcomes |
| Discipline Specific knowledge and capabilities | 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. |
| Communication | Demonstrate business communication techniques to convey complex commerce concepts and proposals to both specialists and non-specialists. |
| Digital Literacy | Apply appropriate digital technologies to find, use, manage and disseminate complex commerce knowledge and ideas. |
| Critical thinking | Critically analyse a range of complex business related information to make informed business decisions in regard to investment, ethical, economical, and business management issues, and to provide informed recommendations and courses of action. |
| Problem Solving | Conceptualise, construct and recommend solutions to real world and ill-defined problems faced by decision-makers in a business environment. |
| Self-management | Demonstrate initiative and independence in learning and research in both a broad and a specialised field of commerce. |
| Teamwork | Work and learn with others from different disciplines and backgrounds. |
| Global Citizenship | Interpret and reflect on the impact of ethics, culture and internationalization on contemporary business issues. |
Course rules
To complete the Master of Commerce, students must attain a total of 16 credit points, consisting of 8 credit points of core units, at least one specialisation of 4 credit points and 4 credit points of electives. Most units (think of units as 'subjects') are equal to 1 credit point.
Students may choose to complete more than one specialisation.
Electives may be selected from:-
- a Master of Commerce specialisation, or
- other postgraduate units offered by the University subject to eligibility and approved by the Course Director.
Students will undertake a one-credit point research training unit and one credit point research-based project unit.
Students are required to meet the University's academic progress and conduct requirements. Click here for more information.Specialisations
Refer to the details of each specialisation for availability.
- Accounting
- Arts and Cultural Management
- Business Analytics
- eBusiness and Supply Chain Management ^
- Finance
- Financial Planning
- Information Systems
- Insurance and Risk Management ^
- International Trade and Business
- Marketing
- Project Management
- Public Sector Studies
- Retail Management ^
- eBusiness and Social Media Strategies
^ Offered to continuing students only
Course structure
Core units
| MPA701 | Unit description is currently unavailable |
| MPM701/MPM701A | Unit description is currently unavailable ^ |
| MPM731 | Unit description is currently unavailable |
| MPM755 | Unit description is currently unavailable |
| MPF753 | Unit description is currently unavailable |
| MPT781/MPE781 | Unit description is currently unavailable # |
Plus 2 credit points from:
| MAA763 | Unit description is currently unavailable |
| MPM732 | Unit description is currently unavailable |
| MMH733 | Unit description is currently unavailable |
| MIS770/MIS770A | Unit description is currently unavailable ^* |
| MPK704 | Unit description is currently unavailable |
which may also include one unit from:
| MAA767 | Unit description is currently unavailable |
| MWL702 | Unit description is currently unavailable |
| MWL703 | Unit description is currently unavailable |
| MWL704 | Unit description is currently unavailable |
^MPM701A and MIS770A are Start Anytime units
#MPT code denotes Study Tour version of the unit
*Please note: Students intending to complete the Business Analytics specialisation, must complete MIS770/MIS770A.
Course structure
Elective units
The remaining credit points are selected from any unit listed in the MCom specialisations. Selection of elective units must form at least one Master of Commerce specialisation. Students may choose other postgraduate units (if eligible).
The below unit is a recommended elective for students undertaking the Accounting specialisation to fulfil CPA requirements.
| MLC707 | Unit description is currently unavailable |
Course structure
Work experience
This course provides students the opportunity to complete one or more elective work integrated learning units.
[More information: WIL Programs]
Details of specialisations
Accounting
Campuses
Burwood (Melbourne), Cloud (online)
Unit set code
SP-M75501
Units
| MAA703 | Unit description is currently unavailable |
| MAA705 | Unit description is currently unavailable |
| MAA716 | Unit description is currently unavailable |
| MAA725 | Unit description is currently unavailable |
From 1 January 2004, candidates who complete an accredited degree in Australia have the option of either completing Auditing and/or Taxation at university OR at postgraduate level in the CPA Program. All other core curriculum areas must be completed for entry as an Associate member.
Details of specialisations
eBusiness and Supply Chain Management
Offered to continuing students only.
For all enquiries contact a student adviser.
Details of specialisations
Business Analytics
Campuses
Burwood (Melbourne), Cloud (Online)
Unit set code
SP-M75519
Units
| MIS771 | Unit description is currently unavailable * |
| MIS772 | Unit description is currently unavailable * |
| MIS775 | Unit description is currently unavailable * |
| MIS781 | Unit description is currently unavailable |
Please note: Students intending to complete the Business Analytics specialisation, must complete co-core unit, MIS770
* Students must complete MIS770 prior to enrolling into units, MIS771, MIS772 and MIS775
Details of specialisations
Financial Planning
Campuses
Burwood (Melbourne), Cloud (Online)
Unit set code
SP-M755011
Units
Select 4 credit points of units from:
| MAA700 | Unit description is currently unavailable * |
| MAA719 | Unit description is currently unavailable ~ |
| MAA727 | Unit description is currently unavailable # |
| MAA728 | Unit description is currently unavailable ^ |
| MAA745 | Unit description is currently unavailable + |
| MAF702 | Unit description is currently unavailable |
| MAF707 | Unit description is currently unavailable |
| MLC703 | Unit description is currently unavailable |
Note: Students will be required to complete all eight units to satisfy the Financial Planning Association's approved degree requirement for entry into the CFP Certification Program.
~ previously coded MAF708
# previously coded MAF709
^ previously coded MAF714
* New unit consolidating MAA746 and MAA729
+ previously coded MAF765
Details of specialisations
Finance
Campuses
Burwood (Melbourne), Cloud (Online)
Unit set code
SP-M75505
Units
Select 4 credit points of units from:
| MAF702 | Unit description is currently unavailable |
| MAF703 | Unit description is currently unavailable |
| MAF704 | Unit description is currently unavailable |
| MAF707 | Unit description is currently unavailable |
| MAF711 | Unit description is currently unavailable |
Details of specialisations
Information Systems
Campuses
Burwood (Melbourne), Cloud (Online)
Unit set code
SP-M75502
Units
| MIS701 | Unit description is currently unavailable |
| MIS761 | Unit description is currently unavailable |
| MIS731 | Unit description is currently unavailable |
| MIS782 | Unit description is currently unavailable |
From Trimester 2 2018:
| MIS701 | Unit description is currently unavailable |
| MIS732 | Unit description is currently unavailable |
| MIS761 | Unit description is currently unavailable |
| MIS782 | Unit description is currently unavailable |
Details of specialisations
Arts and Cultural Management
Campuses
Burwood (Melbourne), Cloud (online)
Unit set code
SP-M755013
Units
Select 4 credit points of units from:
| MMK792 | Unit description is currently unavailable |
| MMM790 | Unit description is currently unavailable |
| MMM793 | Unit description is currently unavailable |
| MMM796 | Unit description is currently unavailable |
| MMM799 | Unit description is currently unavailable |
Insurance and Risk Management
Unit set code
SP-M755018
Offered to continuing students only. For all enquiries contact a student adviser
International Trade and Business
Campuses
Burwood (Melbourne), Cloud (Online)
Unit set code
SP-M75514
Units
| MPE707 | Unit description is currently unavailable |
| MPE711 | Unit description is currently unavailable |
| MPM703 | Unit description is currently unavailable |
| MPT735/MPM735 | Unit description is currently unavailable # |
#MPT code denotes study tour version of the unit.
Marketing
Campuses
Burwood (Melbourne), Cloud (Online)
Unit set code
SP-M75509
Units
| MPT732/MPK732 | Unit description is currently unavailable # |
plus 3 credit points of units from:
| MMK738 | Unit description is currently unavailable |
| MMK739 | Unit description is currently unavailable |
| MMK751 | Unit description is currently unavailable |
| MPK701 | Unit description is currently unavailable |
| MPK713 | Unit description is currently unavailable |
| MPT736/MPK736 | Unit description is currently unavailable # |
# MPT code denotes study tour version of the unit
Project Management
Campuses
Burwood (Melbourne), Cloud (Online)
Unit set code
SP-M75522
Units
| MIS701 | Unit description is currently unavailable |
| MIS798 | Unit description is currently unavailable |
| MPM722 | Unit description is currently unavailable |
plus 1 credit point from:
| MWL702 | Unit description is currently unavailable |
| MWL703 | Unit description is currently unavailable |
| MWL704 | Unit description is currently unavailable |
Public Sector Studies
Campuses
Burwood (Melbourne), Cloud (Online)
Unit set code
SP-M75517
Units
Select 4 credit points of units from:
| AIP740 | Unit description is currently unavailable |
| AIP747 | Unit description is currently unavailable |
| AIP748 | Unit description is currently unavailable |
| AIP773 | Unit description is currently unavailable |
| AIP780 | Unit description is currently unavailable |
| AIP785 | Unit description is currently unavailable ^ |
^ Previously coded AIP784
eBusiness and Social Media Strategies
Campuses
Burwood (Melbourne), Cloud (Online)
Unit set code
SP-M75520
Units
| MIS712 | Unit description is currently unavailable |
| MIS713 | Unit description is currently unavailable |
| MIS784 | Unit description is currently unavailable |
| MMK737 | Unit description is currently unavailable |
Retail Management
Unit set code
SP-M75516
Offered to continuing students only
For all enquiries contact a student adviser
Other course information
Credit for prior learning
Credit for prior learning into the Master of Commerce may be granted to students who have successfully completed appropriate postgraduate studies. There are negotiated credit for prior learning arrangements in place for CPA members.
Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.
Other learning experiences
This course includes the option of other learning experiences including residential and study tour units.
Research and research-related study
Students undertake the equivalent of a credit point of research training and a further credit point of research-based project(s). Components of research and research related-study are embedded across other units of this course and student achievement is demonstrated in specific assessment tasks.