Master of Commerce

2025 Deakin University Handbook

Award granted Master of Commerce
Deakin course codeM755
Course version1
Faculty

Faculty of Business and Law

Course Information

For students who commenced from 2015 to 2020

Campus

For students who commenced prior to 2021 only

CRICOS code027129E
Australian Qualifications Framework (AQF) recognition

The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9

Note: The final intake for this course version was 2020.

Students should contact a Student Adviser in Student Central for course, course map and enrolment information.

Further course structure information can be found in the handbook archive.

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.

Course learning outcomes

Deakin 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 internationalisation on contemporary business issues.

Approved by Faculty Board

Course rules

To complete the Master of Commerce students must pass 16 credit points and meet the following course rules to be eligible to graduate:

  • DAI001 Academic Integrity Module (0-credit-point compulsory unit) in their first study period

  • 6 credit points of core units

  • 2 credit points of course electives units
  • one specialisation (4 credit points)

  • 4 credit points of open electives units

Students are required to meet the University's academic progress and conduct requirements. See the enrolment codes and terminology to help make sense of the University's vocabulary.

Specialisations

Refer to the details of each specialisation for availability.

^ Offered to continuing students only

 

Course structure

Compulsory 0-credit point module

To be completed in the first trimester of study:-

DAI001 Academic Integrity and Respect at Deakin [replaces MAI010]

Core units

MAA701Accounting [replaces MPA701]

MMM710Emerging Issues in International Operations [replaces MPM701]

MPM703Business Strategy and Analysis [replaces MPM731]*

MPM755Applied Consultancy Project

MAF752Principles of Finance [replaces MPF753]

MPT781/MPE781Economics for Managers ^

^MPT code denotes Study Tour version of the unit

MPA701 Accounting recoded to MAA701

MPM701 Business Process Management [no longer available for enrolment, replacement unit MMM710 

*MPM731 Business Communication for Managers [no longer available for enrolment, students can replace with either of the following: MPM703, MWL716 or a course elective of their choice subject to eligibility and Course Director approval

MPF753 Principles of Finance recoded to MAF752 Principles of Finance

 

Course electives

Plus 2 credit points from the following list:

MAA763Governance and Fraud

MMH733Ethical Decision Making in Organisations

MIS770Foundation Skills in Data Analysis

OR

1 credit point from the list above and 1 credit point from:

MAA767Enterprise Value Creation: Sustainability and Integrated Reporting

MWL716Consultancy Experience

MWL705Business for Social Impact

MWL717Entrepreneurship Experience

MWL718Internship

Open electives

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.

MLC707Business Law

Further information

Student Central can help you with course planning, choosing the right units and explaining course rules and requirements.