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 part-time year-round, in which case a degree can take as little as 2 years from start to finish.
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.
MCom versus specialist business masters
Specialist masters degrees in business include (Master of) Economics, Finance, Human Resource Management, International Business, Marketing, Management, Professional Accounting, Project Management, and Logistics and Supply Chain Management. It is also possible to do a MCom with one of these subjects as your study stream / major.
Why choose a Master of Commerce instead of a specialist business degree?
- One reason is that you haven't studied business before and are looking to establish a solid foundation of skills and knowledge.
- Another reason is to keep your options open. A specialist 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.
- A Master of Commerce is also good for examining different subjects. You may decide on a specialisation during your course.
Master of Commerce versus MBA
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.
- For early-career professionals – who do more producing than directing – a Master of Commerce degree is more work-relevant.
- A MCom degree is also better for demonstrating all-round business capabilities (beyond management skills).
We look for 3 key skills in our candidates. The first is problem solving and problem structuring. You must be able to take an ambiguous problem and create structure… The second is business acumen. We describe this as being able to translate analytical or quantitative insights into relevant business implications… The third key skill is analytics. Candidates need to be comfortable utilizing a variety of analytic approaches.
Best Online Programs in Australia
The best online Master of Commerce programs offer a combination of academic rigour and course flexibility. The quality of study materials is high, strongly promoting your professional development. You also learn in a convenient way.
You have choice with respect to course structure.
- Some of the top distance education programs are organised in the traditional manner. The calendar has semesters 1 and 2 and an optional summer study period. You also complete end-of-semester exams.
- Alternatively, you can choose a purpose-built online course. Units are completed sequentially. Assessment relies on "non-exam" techniques.
The duration of MCom programs also varies. The longest programs are 2 years (16 units). Other programs are 1.5 years (12 units). To do a shorter course, you need either (i) an undergraduate business degree or (ii) to start by completing a Graduate Certificate of Commerce (and carry credits towards a masters).
Commerce graduate 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