Best Master of Commerce in Australia

posted in: Business, RMIT, UNE | 0

You can study online for a Master of Commerce degree with Australian universities.

  • Fully online, 100% distance-education programs are available for professionals who just want to study from home or work.
  • The best online degrees allow for subject specialisation or a general program of business studies.

Online courses consist of 12-16 units, which represent 1.5-2 years of full-time study. A popular option is to study unit-by-unit year-round, in which case a degree can take as little as 2 years of part-time study.

We look for 3 key skills in our candidates. The first is problem solving and problem structuring… The second is business acumen. We describe this as being able to translate analytical or quantitative insights… The third key skill is analytics.

~ McKinsey

Why Choose Master of Commerce?

A Master of Commerce degree is the postgraduate equivalent of Bachelor of Business or Bachelor of Commerce. It is a flexible degree which covers the spectrum of business subjects.

  • MCom (or MComm) students are often business graduates who want to extend their skills and qualifications.
  • But some students are non-business graduates looking to switch careers or gain qualifications relevant to their jobs.

Anyone considering postgraduate business studies has many options. A Master of Commerce may be the best choice if you want to build technical skills while keeping career possibilities open.

Why not a specialist masters?

Why choose a Master of Commerce instead of a specialized business degree?

  1. One reason is that you haven’t studied business before and are looking to establish a solid foundation of skills and knowledge.
  2. Another reason is to keep your options open. A subject-specific degree is good if you are confident of maintaining a career in a certain field. But, otherwise, a general degree is likely to be more valuable.
  3. A Master of Commerce is also good for examining different subjects. You may decide on a specialisation during your course.

MCom versus MBA

A Master of Business Administration (MBA) is a general business degree with a focus on management theory and practice. You may not be ready for an MBA (or accepted by a business school) if you lack management experience.

  1. For early-career professionals – who do more producing than directing – a Master of Commerce is more work-relevant.
  2. An MCom degree is also better for demonstrating all-round business capabilities (beyond management skills).

Commerce jobs list

Business Administrator • Business Development Manager • Economist • Financial Planner • HR Manager • International Trade Officer • Investment Banking Analyst • IT Consultant • Logistics Manager • Marketing Consultant • Policy Development Officer • Project Manager

Study for an MCom online

Online study allows you to earn a Master of Commerce with minimal disruption and time away from work or family. Courses are structured for convenience and flexibility.

  • Australian universities offer fully online degrees.
  • All learning materials and tools are available via the net.
  • You can normally study year-round and start at different times of year.
  • Postgraduate students typically combine online study with work.

Best Online Programs in Australia

The best online Master of Commerce programs offer a combination of academic rigour and course flexibility. You achieve excellent learning outcomes with minimal life disription.

A difference between some of the leading courses is basic structure.

  • Some programs are organised in the traditional manner, with long semesters that culminate in multiple exams.
  • Other programs allow you to focus on 1 unit at a time and keep studying consistently across the year.

Program length also varies, from 12 units up to 16 units. A longer program may be required if you don’t have a business degree and need to start by completing a 4-unit Graduate Certificate in Commerce.

Online masters student.

Deakin Master of Commerce

Deakin University offers an online Master of Commerce which is suitable for graduates who haven’t studied business before. The program is 16 units, reduced to 12 if you have a business degree or 5+ years of relevant work experience. An extensive list of majors is available. Core units are accounting, building success in commerce, business communication for managers, business process management, economics for managers, and finance.

UNE Master of Business

The University of New England offers a Master of Business degree. The distance education program consists of 16 or 12 units, depending on whether you are eligible for advanced standing. Students can commence at the beginning of semesters 1 or 2. Program disciplines include accounting, business and finance. UNE teaching and courses are highly rated by students, including by graduates of the business school.

RMIT Master of Commerce

RMIT University offers a flexible online MCom. The 12-unit program has been designed for online study and is suitable for full-time workers. Each unit takes 7 weeks to complete and is exam-free. You can potentially finish the degree in 2 years of part-time study. Students choose subjects from 3 streams: marketing, supply chains and logistics, and human resources. If you don’t have a business degree, you can initially enroll as a Graduate Certificate of Commerce student.