Master of Commerce

2019 Deakin University Handbook

Note: You are seeing the 2019 view of this course information. These details may no longer be current. [Go to the current version]

Year	2019 course information
Award granted	Master of Commerce
Course Map	This course map is for new students commencing from Trimester 1 2019. This course map is for new students commencing from Trimester 2 2019. This course map is for new students commencing from Trimester 3 2019. Course maps for commencement in previous years are available on the Course Maps webpage or please contact a Student Adviser.
Campus	Offered at Burwood (Melbourne)
Cloud Campus	Yes
Duration	Depending on your professional experience and previous qualifications, the Master of Commerce is typically 1, 1.5 or 2 years duration: 1 year full time (2 years part time) - 8 credit points 1.5 year full time (3 years part time) - 12 credit points 2 year full time (4 years part time) - 16 credit points Deakin courses can also be studied part time over a longer period.
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

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

The Master of Commerce is typically 8, 12 or 16 credit points. The exact number of credit points you study depends on how much credit you receive as recognition of prior learning (RPL) - your professional experience and previous qualifications - which can save you time and money.

For students undertaking 16 credit points, you study 8 credit points of core units, at least one specialisation of 4 credit points and 4 credit points of electives, plus completion of MAI010 Academic Integrity (0 -credit point compulsory unit).

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.

Specialisations

Refer to the details of each specialisation for availability.

^ Offered to continuing students only

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

Business Law

Course structure

Core units

MAI010

Academic Integrity (0 credit points)

MPA701

Accounting

MPM701/MPM701A

Business Process Management ^

MPM731

Business Communication for Managers

MPM755

Building Success in Commerce

MPF753

Finance

MPT781/MPE781

Economics for Managers ^{^}

Plus 2 credit points from:

MAA763

Governance and Fraud

MPM732

Critical Thinking for Managers

MMH733

Ethics for Managers

MIS770/MIS770A

Foundation Skills in Data Analysis ^*

MPK704

Sustainable Environmental Marketing

which may also include one unit from:

MAA767

Integrated Reporting and Value Creation

MWL702

Business Practicum

MWL703

Team Internship

MWL704

Work Based Learning

^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 the unit, MIS770/MIS770A.

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

Information Systems

Campuses

Burwood (Melbourne), Cloud (Online)

Unit set code

SP-M75502

Units

MIS701

Business Requirements Analysis

MIS732

Enterprise Architecture and Governance

MIS761

Enterprise Information Management and Security

MIS782

Value of Information

Details of specialisations

eBusiness and Supply Chain Management

Unit set code

SP-M75521

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

Descriptive Analytics and Visualisation *

MIS772

Predictive Analytics *

MIS775

Decision Modelling for Business Analytics *

MIS781

Business Intelligence

*Please note: Students intending to complete the Business Analytics specialisation, must complete the unit, MIS770/MIS770A 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

Estate Planning and Risk Management Strategies ^*

MAA719

Superannuation and Retirement Planning ^~

MAA727

Financial Planning Development ^#

MAA728

Financial Behaviour and Decision Making ^{^}

MAA745

Financial Planning and Economic Fundamentals ⁺

MAF702

Financial Markets

MAF707

Investments and Portfolio Management

MLC703

Principles of Income Tax Law

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

Financial Markets

MAF703

Applied Corporate Finance

MAF704

Treasury and Risk Management

MAF707

Investments and Portfolio Management

MAF711

Modelling Techniques for Finance

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

Arts Marketing

MMM790

Arts Management

MMM793

Managing Cultural Projects and Events

MMM796

Managing Arts in Community Settings

MMM799

Arts Fundraising and Sponsorship

Details of specialisations

Accounting

Campuses

Burwood (Melbourne), Cloud (online)

Unit set code

SP-M75501

Units

MAA703

Accounting for Management

MAA705

Corporate Auditing

MAA716

Financial Accounting

MAA725

Advanced Accounting Principles and Practice

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.

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

International Banking and Finance

MPE711

Global Trade and Markets

MPM703

Business Strategy and Analysis

MPT735/MPM735

International Business Management #

#MPT code denotes study tour version of the unit.

Marketing

Campuses

Burwood (Melbourne), Cloud (Online)

Unit set code

SP-M75509

Units

MPT732/MPK732

Marketing Management #

plus 3 credit points of units from:

MMK738

Integrated Marketing Communication

MMK739

Strategic Brand Management

MMK751

Services Marketing

MPK701

Research Design and Analysis

MPK713

Consumer Behaviour

MPT736/MPK736

International Marketing #

# MPT code denotes study tour version of the unit

Project Management

Campuses

Burwood (Melbourne), Cloud (Online)

Unit set code

SP-M75522

Units

MIS701

Business Requirements Analysis

MIS798

Project Management

MPM722

Human Resource Management

plus 1 credit point from:

MWL702

Business Practicum

MWL703

Team Internship

MWL704

Work Based Learning

Public Sector Studies

Campuses

Burwood (Melbourne), Cloud (Online)

Unit set code

SP-M75517

Units

Select 4 credit points of units from:

AIP704

Making Policy

AIP740

Policy Lessons From Overseas

AIP748

Intergovernmental Relations

AIP773

Governance and Accountability

AIP780

Managing Public Expenditure

AIP785

Political Competition ^

^ Previously coded AIP784

eBusiness and Social Media Strategies

Campuses

Burwood (Melbourne), Cloud (Online)

Unit set code

SP-M75520

Units

MIS712

eBusiness Strategies

MIS713

Supply Chain Management and Logistics

MIS784

Marketing Analytics

MMK737

Online Marketing

Retail Management

Unit set code

SP-M75516

Offered to continuing students only
For all enquiries contact a student adviser

Other course information

Recognition of Prior Learning
Recognition of Prior Learning into the Master of Commerce may be granted to students who have successfully completed appropriate postgraduate studies. There are negotiated Recognition of Prior Learning arrangements in place for CPA members.

Course duration - additional information
Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.

Study overseas and earn a dual degree

The Deakin Business School offers the opportunity to study a dual degree with an overseas partner university in Sweden. You’ll learn at world-class business schools and have the chance to explore another country and culture. Learn more about the Master of Commerce/ Master in International Strategic Management

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.