Master of Commerce

The information on this page applies to future students. Current students should refer to their faculty handbooks for course information.

The Master of Commerce offers great choice and flexibility, allowing you to develop the knowledge and skills to advance your career in a wide range of specialisations. Our program will equip you with an applied understanding of core business concepts and practices. High achieving students will have the option to undertake a work placement in Australia or overseas.

Whether your background is in business or another area – such as arts, engineering or science – the Master of Commerce is the ideal degree to either fast-track your current career or take it in a new direction entirely.

This degree is a two-year program of full-time study (or four years part-time) designed to enable graduates with a recognised bachelor's qualification in any field – and at a standard acceptable to the Business School – the opportunity to acquire an applied understanding of business concepts and practices, including in-depth knowledge in up to three preferred areas of business practice.

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.

For upcoming events and information sessions relating to this degree and the University of Sydney Business School visit: sydney.edu.au/business/events.

Course outline

OUTLINE OF DEGREE STRUCTURE

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

  • 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
  • additional specialisation/s, dissertation and/or elective units of study required to make 96 credit points in total (excluding foundational units).
Recognition of Prior Learning (RPL)

The Business School recognises the importance of prior learning and industry experience. If you hold a prior qualification and/or have industry experience of at least 3 years in duration, you could be eligible for a Recognition of Prior Learning (RPL) in your Master of Commerce degree, reducing the duration of your studies by up to one year. Find out more details at

Recognition of Prior Learning

.

Core units of study
  • BUSS5020 Business Insights (completed in first session of study)
  • BUSS6000 Succeeding in Business (capstone - completed in final session of study)
Foundational units of study

Two to six foundational units selected from:

  • ACCT5001 Accounting Principles,
  • CLAW5001 Legal Environment of Business,
  • ECON5040 Microeconomics for Business,
  • FINC5001 Capital Markets and Corporate Finance,
  • IBUS5002 Strategy, Innovation and Entrepreneurship,
  • IBUS5003 Global Business,
  • INFS5001 Project Management,
  • INFS5002 Digital Business Foundations,
  • ITLS5000 Foundations of Supply Chain Management,
  • ITLS5100 Transport & Infrastructure Foundations,
  • MKTG5001 Marketing Principles,
  • QBUS5001 Quantitative Methods for Business, and
  • WORK5003 Management and Organisations.
Areas for specialisation

For 2017, the following specialisation subject areas will be available to students:

Degree progression examples for specialisations and specialisation combinations available in this degree can be found on the

Business School website

.

Elective units of study

Students can select elective units of study from any of the Commerce specialisation subject areas and other available electives listed in the unit tables in

University of Sydney Business School (Postgraduate) Handbook

.

Industry and Community Placement:

High-achieving students may elect to undertake an assessable industry or community placement in Sydney, regional NSW or internationally. Places are offered on a competitive basis, subject to availability.

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 global recognised innovation program, the NEXT Innovation program (Formerly

Deloitte FASTRACK Innovation Challenge

) is designed to give business and management students’ practical experience in business innovation.

Commerce Dissertation

: Students who achieve a weighted average mark (WAM) of 80 percent or higher in at least eight units of study have the option to complete a supervised research dissertation of 15,000 to 20,000 words (equivalent to four units of study) on an approved business topic.

PROGRESSION EXAMPLES

For progression of examples for completing the Master of Commerce with one, two or three specialisations, please refer to:

sydney.edu.au/business/study/courses/master_of_commerce_progression_examples

Specialisations

Embedded courses

Further course information

Progression rules

A candidate for the Master of Commerce completes the core unit, BUSS5020 Business Insights, in the first semester of enrolment. Any foundational unit/s required for their specialisation/s should also be completed at this time. The capstone core unit, BUSS6000 Succeeding in Business, is completed in the final semester of enrolment. Units for specialisation/s, electives and remaining foundational units (if required) can be completed in any order depending on prerequisite/corequisite requirements.

For a progression guide for this degree, please refer to the Business School (Postgraduate) Handbook.

Capstone experience

The core capstone unit of study, BUSS6000 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.

Course outcomes and further study

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 specialisation/s. 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.

Course accreditation

For certain career options, external accreditation is a requirement for entering the workforce. Further accreditations are available to students who complete the requirements and meet eligibility criteria for the following:

  • CPA Australia
  • Chartered Accounts Australia and New Zealand (CAANZ)
  • Association of Chartered Certified Accountants (ACCA)
  • Preparation for Chartered Financial Analyst (CFA®) exams

Refer to the Business School (Postgraduate) Handbook or Business School website for further details.

Further study

The University of Sydney Business School has an outstanding reputation for the quality of its research across a wide range of academic disciplines. The Master of Commerce is an entry pathway to our higher degree by research programs, the Doctor of Philosophy (PhD) and Master of Philosophy (MPhil).

The postgraduate research programs offered by the Business School attract a large number of domestic and international students each year. With more than 180 research students currently enrolled, we have one of the largest and most diverse higher degree by research programs in the Asia-Pacific region. Read more information about Sydney research at sydney.edu.au/business/research.

Admission

Admission requirements

A successful applicant for admission to the Master of Commerce will hold the equivalent of an Australian bachelor's degree, graduate diploma/certificate from a recognised tertiary institution with a minimum credit (65 per cent) average. Qualifications awarded outside Australia can also be used for admission but equivalencies and entry requirements are determined based on the country, institution and qualification. You can find guidelines of the most common international entry requirements at http://sydney.edu.au/business/study/courses/admission_requirements.

The academic requirements that are displayed are applicable to currently available courses only, and are updated annually in October and may be changed without notice. The Faculty Handbook and the University of Sydney Calendar are the official legal source of information relating to study at the University of Sydney, and you are referred to those documents.

How to apply

Domestic students

How to apply

Applications are made directly to the University and assessed by the Business School.

For students commencing in Semester 2, 2016, limited Commonwealth Supported Places (CSP) are available. To be eligible for consideration for a CSP, you must submit your application by the 8th of July, 2016.

Please note that CSP places in PG coursework will only be available to students newly commencing in their program of choice who are directly admitted to the Masters level.

International students

How to apply

Overseas applicants may apply:

  1. directly to the University, or
  2. through a University overseas representative (education agent).

Important Fee Information

Domestic students

Indicative Postgraduate Student Contribution Amount

The student contribution amount for a Commonwealth Supported Place is an indication only of the 2017 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 2017 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 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, faculty-specific materials, tools, protected clothing and equipment. Further information about these costs is available from your faculty.

Credit card surcharge

Please note that a surcharge of 0.8% will apply for payments made by Visa or MasterCard. 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 2017 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 fees and health insurance

For some courses there are incidental costs additional to the tuition fees. Some of these incidental costs are significant, for example, faculty-specific materials, tools, protected clothing, and equipment. Further information about these costs is available from your faculty.

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 or MasterCard. 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.

Student profiles