Master of Commerce

2021 Deakin University Handbook

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
• 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

Deakin Business School is in the top 1% of business schools globally by holding both AACSB and EQUIS accreditations. These prestigious accreditations are awarded to business schools that meet strict standards of quality, academic and professional excellence, and demonstrate a commitment to ongoing improvement and innovation in their courses, ensuring our graduates are employable worldwide.

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, 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

Fees and charges

Fees and charges vary depending on your course, the type of fee place you hold, your commencement year and your study load. To find out about the fees and charges that apply to you, visit the Current students fees website or our handy Fee estimator to help estimate your tuition fees.

Course Learning Outcomes

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, taken from the available Faculty-wide specialisations* and 4 credit points of electives, plus completion of the compulsory 0-credit point module, MAI010 Academic Integrity Module.

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 faculty-wide specialisation; or
• other postgraduate units offered by the University (subject to eligibility)

Specialisations

Faculty-wide specialisations (compulsory)*

Refer to the details of each specialisation for availability.

• Academic Research
• Accounting
• Artificial Intelligence for Business
• Arts and Cultural Industries
• Business Analytics
• Business Law^{^}
• Cyberlaw
• Digital Transformation
• Event Management
• Finance
• Financial Planning
• Human Resource Management
• Information Systems
• International Trade and Business
• Leadership#
• Management Consulting
• Marketing
• Project Management
• Property and Real Estate
• Public Sector Studies
• Supply Chain Management

# Not available in 2021

^ New from Trimester 2 2021

*Replacing course specific specialisations.

Course specific specialisations

Offered to continuing students only. Please see a student adviser for further advice.

• 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

Course structure

Compulsory 0-credit point module

To be completed in the first trimester of study:-

Core units

PLUS 2 credit points from:

which may also include 1 credit point from:

^MPM701A and MIS770A are Start Anytime units

^{^} MPT code denotes Study Tour version of the unit

Elective units

Selection of elective units must form at least one Faculty-wide specialisation^{^}.

^{^}Please note: Students intending to complete the Business Analytics specialisation, must complete the unit, MIS770/MIS770A.

The remaining 4 credit points are selected from:-

-a faculty-wide specialisation

-postgraduate units offered by the University (subject to eligibility)

The below unit is a recommended elective for students undertaking the Accounting specialisation to fulfil CPA requirements.

Work experience

This course provides students the opportunity to complete one or more elective work integrated learning units.

More information: WIL Programs

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

Further information

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

• Contact Student Central

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.