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Master of Commerce

Where will postgraduate study lead you?

Our rankings

Global leaders in business education

  • No. 1 in Australia

    The University is ranked first in Australia and fourth in the world for graduate employability in the QS Graduate Employability Rankings 2018.

  • Top 40

    The QS 2017 World University Rankings by Subject have ranked our business and management subject areas at number 40 in the world.

Overview

The Master of Commerce offers great choice and flexibility, allowing you to develop the knowledge and transferable skills to advance your career in a wide range of specialisations.

Whether your background is in business or another area such as arts, engineering or science, the Master of Commerce offers the right combination of breadth and depth. You will gain a solid grounding in the fundamental areas of business as you develop an applied understanding of business concepts and practices.

You will also choose up to three areas of specialisations from 18 available options, giving you the scope to choose your own path. 

Specialisations

Choose your specialisations from 18 available options. - See "What you'll study" for details.

Entry, fees, funding & how to apply

Depends on your qualification, citizenship status

The details on this page based on your selections are a guide only, and are subject to change.

Your fee

How to apply

What you'll study

Units of study

Completion requirement

The Master of Commerce requires the completion of units of study totalling 96 credit points, as follows:

  • 12 credit points in core units of study - one in the first semester of study and one in the final semester of study (capstone);
  • 12 to 36 credit points in foundational units of study;
  • at least one specialisation (24 credit points in advanced units of study) selected from the Commerce areas of specialisation; and
  • any additional specialisation/s, dissertation and/or elective units of study required to make 96 credit points in total (excluding foundational units).

Capstone

The core capstone unit of study, Succeeding in Business, is designed to provide you with an integrated learning experience. This unit will consolidate your learning and teach you how to apply your knowledge and skills to real-world business problems.

Admission requirement

To be considered for admission, an applicant is required to have:

  • an Australian bachelor's degree or higher with a credit average (65 percent) or equivalent qualification; 
  • or an Australian bachelor's degree or higher (minimum 50 percent average) or equivalent qualification, and satisfactory performance in the GMAT (for guidance, the class average score is 630); or equivalent Business School approved admissions test or the University of Sydney Graduate Diploma/Graduate Certificate in Commerce with a credit average (65 percent).

Units completed in the graduate diploma/graduate certificate can be credited to the master's degree.

Any grade requirements listed are based on the University of Sydney grading system .

For qualifications awarded outside Australia, equivalencies and entry requirements are determined based on the country, institution and qualification. For a guide to common international qualifications and equivalent entry requirements visit the University of Sydney Business School entry guide .

Recognition of prior learning may reduce the number of units required, and thereby the duration of the degree. Students with either a bachelor’s degree in a business field or a minimum of 3 years professional work experience are eligible for a semester reduction – to 1.5 years full-time equivalent – and those with both, or a master’s degree in a business field, are eligible for a reduction of two semesters – to 1 year full-time equivalent.

Course opportunities

Business internship for high-achieving students
High-achieving students have the option to undertake an assessable work placement in Australia or overseas, worth six credit points. Places in these units will be offered on a competitive basis and are subject to availability.

Business dissertation for high-achieving students
Students who achieve a weighted average mark (WAM) of 80 percent or higher in at least eight units of study (48 credit points) may apply to complete a 24 credit point research module comprising a supervised research dissertation of 15,000 to 20,000 words. Access to the business dissertation units is subject to an interview and the availability of suitable supervisors.

NEXT Innovation
Students who achieve a WAM of 65%+ in a minimum of eight units of study (48 credit points) may apply for the NEXT Innovation program unit. A globally recognised innovation program, the NEXT Innovation program (formerly Deloitte FASTTRACK Innovation Challenge) is designed to give business and management students' practical experience in business innovation.

Professional accreditation

The University of Sydney Business School is a world-class business school at the forefront of global business and management education. Relevant and focused on today's business world, we are the only Australian business school to achieve membership to CEMS - the Global Alliance in Management Education in addition to international accreditation from AACSB and EQUIS.

Professional accreditation requirements

Please refer to the details listed for the particular professional body:

Graduate opportunities

Sydney Master of Commerce graduates will acquire the skills and knowledge to pursue high-level positions in industry or government, in areas relevant to their specialisations. For example, the degree can prepare you for positions in accounting, marketing or other specialist fields. It also gives you a thorough understanding of commerce for use in many business fields.

Future study

A postgraduate degree can open doors to further study, whether you are interested in pursuing a research degree, or expanding your postgraduate qualifications and skillset by embarking on a management degree, MBA or specialised business masters.

The Business School offers two research degrees, the Doctor of Philosophy (PhD) and the Master of Philosophy (MPhil), which may be studied full-time or part-time. Embarking on a PhD or masters by research is an opportunity to join a community of recognised leaders in scholarship and make a significant contribution to your area of study. We are home to many leading researchers and attract generous funding in support of our research projects, and the University of Sydney is consistently ranked among the best research universities in the world.

If you are interested in pursuing further postgraduate study, our postgraduate coursework business degrees cater to students from any background and career stage, with pre- and post-experience options available, to help you achieve the future you’ve imagined. Combine your interests and develop specialised skills to be well positioned in an increasingly competitive business environment.

The Business School Postgraduate Experience

Domestic students

Indicative Postgraduate Student Contribution Amount


The student contribution amount for a Commonwealth Supported Place is an indication only of the amount payable in Year 1 for a standard full time load of 48 credit points (1.0 EFTSL). The exact student contribution that you pay will depend on the calendar year in which you undertake your study, and the specific units of study in which you ultimately enrol. For further information about how to calculate your specific total student contribution, please refer to the University's Tuition Fees website.

Annual review and fee increases


Importantly, student contribution amounts are subject to annual review by the University, and will increase each year of your period of study (subject to a Commonwealth specified cap), effective at the start of each calendar year.

Indicative Postgraduate Domestic Tuition Fee


The tuition fee for a domestic postgraduate student is an indication only of the fees payable in Year 1 for a standard full time load of 48 credit points (1.0 EFTSL). Depending on the calendar year in which you undertake your study, and if your study load is more or less than the 1.0 EFTSL, your tuition fee will differ from the indicative amount.

Annual review and fee increase


Importantly, tuition fees are subject to annual review by the University, and will increase each year of your period of study, effective at the start of each calendar year.

Additional incidental costs


For some courses there are incidental costs additional to the student contribution and/or course fee. Some of these incidental costs are significant, for example, course-specific materials, tools, protected clothing and equipment. Further information about these costs is available from https://sydney.edu.au/students/materials-and-equipment.html.

Credit card surcharge


Please note that a surcharge of 0.8% will apply for payments made by Visa, MasterCard or American Express. The surcharge is subject to review and may change. Information about payment methods and the surcharge is set out at: http://sydney.edu.au/study/finances-fees-costs/fees-and-loans/paying-your-fees.html.

Potential for inaccuracy


Whilst every reasonable effort has been made to include correct and up to date information here, you are also advised to consult directly with the Student Centre so that they can provide you with specific and up to date information about fees.

International students

Indicative International Tuition Fees for Postgraduate Students


The tuition fee for international postgraduate students is an indication only of the fees payable in Year 1 for a standard full time load of 48 credit points (1.0 EFTSL). Depending on the calendar year in which you undertake your study, and if your study load is more or less than the 1.0 EFTSL, your tuition fee will differ from the indicative amount.

Annual review and fee increases


Importantly, tuition fees are subject to annual review, and will increase each year of your period of study, effective at the start of each calendar year.

Additional incidental costs and health insurance


For some courses there are incidental costs additional to the tuition fees. Some of these incidental costs are significant, for example, course-specific materials, tools, protected clothing, and equipment. Further information about these costs is available from https://sydney.edu.au/students/materials-and-equipment.html. In addition to the fees indicated here for the course of study, International Students studying on an Australian Student Visa must have appropriate health insurance for the duration of their studies on a Student Visa through an approved provider of the Overseas Student Health Cover (OSHC) scheme. This is a requirement of the Australian Government, unless otherwise exempted by the Government.

Credit card surcharge


Please note that a surcharge of 0.8% will apply for payments made by Visa, MasterCard or American Express. The surcharge is subject to review and may change. Information about payment methods and the surcharge is set out at: http://sydney.edu.au/study/finances-fees-costs/fees-and-loans/paying-your-fees.html.

Potential for inaccuracy


Whilst every reasonable effort has been made to include correct and up to date information here, you are also advised to consult directly with the Student Centre so that they can provide you with specific and up to date information about fees.

To help you understand common terms that we use at the University, we offer an online glossary.