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Master of Commerce

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The Master of Commerce is designed for current managers seeking formal qualifications in finance or those seeking to move into senior management or a financial role. This program will help you to further develop your finance and management skills, and build specialist knowledge within your chosen area.

You can choose to specialise in one of the three fields of expertise - applied finance, information systems or professional accounting.

The Master of Commerce qualification is recognised by employers worldwide. As a leading global institution, UQ Business School is renowned for its cutting-edge research, the quality of its academic staff and its close links with industry, which ensures that our teaching is always fresh and relevant to contemporary business.

Admission

Applicants for the Master of Commerce (1.5 years) program must have:

  • a Bachelor's degree or equivalent in the same discipline as approved by the Executive Dean with a GPA of at least 4.50 on a 7 point scale.

Applicants for the Master of Commerce (2 years) program must have:

  • a Graduate Certificate in Commerce from UQ or equivalent with a GPA of at least 4.50 on a 7 point scale; or
  • a Bachelor's degree or equivalent with a GPA of at least 4.50 on a 7 point scale.

For students who have previously undertaken studies in business or commerce, entry will only be considered for a field not already studied (some exceptions may apply to accounting).

The application procedure for the program varies depending on whether you are a domestic or international student.

See further information about course dates, costs and how to apply:

For Master of Commerce 1.5 year program

For Master of Commerce 2 years program

No previous degree?

Students without the equivalent of an Australian Bachelor’s degree are able to enter via the Graduate Certificate in Commerce as long as they have at least seven years full-time work experience. Upon successful completion of the first four relevant courses and meeting the GPA entry requirements, students articulate into the Master of Commerce (2 years) program with full credit.

 

Program

The Master of Commerce program offers two different entry points depending on your previous studies. The Master (1.5 years) is designed for those graduates with a Bachelor’s degree in the same discipline. The Master (2 years) includes the core fundamentals of general management for those graduates with a Bachelor’s degree from any discipline.

Both Masters provide an opportunity for two fields of study or additional research electives (which may provide a pathway to research higher degree programs). Each specialised field of study will equip you with the relevant knowledge to jumpstart or advance your chosen profession.

View the 1.5 years program course list.

View the 2 years program course list.

Applied finance

Applied finance courses combine the theoretical frameworks for successful financial management with the practical skills in analysis, risk assessment and strategic financial planning. In addition to these skills, you will also develop a strong understanding of factors that affect finance decision-making in the global market.

Applied finance skills are highly sought after by any business and your capabilities for strong financial management will help your organisation to increase profitability and sustainability.

Information systems

The use of information frameworks and systems to manage financial records and accounting data is now commonplace in most businesses. Developing information systems skills that you can apply in a business environment will enable you to contribute to the overall financial health of any organisation.

These courses are designed for those who wish to obtain education and in-depth training in the analysis, design, implementation and maintenance of computer systems. You will undertake courses in managing information systems, decision support systems and application databases, as well as system analysis, design, control and audit.

Professional accounting

The professional accounting courses will ensure that you develop the skills necessary to practise in the accounting profession. By completing the relevant courses you can achieve the necessary prerequisites for associate membership of the key Australian accounting professional bodies – Certified Practicing Accountants (CPA) Australia and Chartered Accountants Australia & New Zealand.

This program is suitable if you want to change career or want to gain formal accounting qualifications that are recognised by industry. It is not necessary to have any prior accounting qualifications.

Graduates who combine strategic business management skills combined with knowledge of sustainability issues are in increasing demand by employers.

 

Study

The Master of Commerce program takes one and a half years or two years of full-time study to complete (depending on your previous degree), or the equivalent part-time.

View the 1.5 years program study plan.

View the 2 years program study plan.

Full-time

The standard full-time load for a program is 8 units per semester (this usually means 4 courses worth 2 units each per semester). Full-time study is defined as 75% or more of the standard full-time load for a program (i.e. at least 6 units per semester, or 3-4 courses, for most programs).

International students must be enrolled in 8 units per semester.

It is estimated that for each course a student would have approximately 3-5 contact hours in lectures and tutorials, and would also need to do additional hours of study.

Part-time

Australian students can study part-time (usually 1 to 2 courses per semester). In some cases, classes are scheduled multiple times per week and students can choose either day or evening classes. This does not occur in all programs. If you intend to study solely in the evenings, please check the availability and timing of classes.

Career

What outcomes to expect from your degree

The Master of Commerce is a prestigious qualification that is highly regarded by organisations worldwide. Graduates are sought after by organisations in the public, private and not-for-profit sector. Career opportunities will be influenced by your particular area of specialisation.

Graduates who choose the applied finance option may move into roles as financial planners, analysts and managers in financial institutions, build their own businesses, work in consultancy environments helping businesses grow and expand, or move into financial management roles.

Graduates with information systems skills can find roles as managers of information systems, in the development and execution of decision support systems, in information systems control and auditing, and in the management of application databases in a wide array of industries.

Professional accounting graduates enjoy a wide variety of roles encompassing financial accounting, auditing, corporate accounting, managerial accounting and control.

How to shape your career

As a UQ student, you have access to a range of services to prepare for a successful career:

  • The Student Employability Team (SET) – assists students with accessing career opportunities and managing their careers. SET programs give students an edge by helping build industry experience and develop lifelong employability skills. Contact their team of employability specialists to set and achieve your career goals.
  • Networking events – these events help students establish connections with industry professionals.
  • Employer presentations on campus – provides opportunities to meet UQ graduates currently employed in industry and understand what the employer is looking for in a new hire.
  • UQ Careers Fair - an annual university wide event for students to meet with over 130 potential employers to source information on career opportunities.
  • Global Experiences Expo - discover how UQ provides students with opportunities to study overseas, or get support to work, learn or volunteer on a short trip.

Enquiries

Support services

UQ Business School offers a wide range of advice and support for future and current students.

Domestic student enquiries

To find out more about applications or programs for Australian (domestic) students, call +61 7 3346 8100 (open 8:30am to 4:30 pm from Monday to Friday except university and public holidays) or email info@business.uq.edu.au.

International student enquiries

For further enquiries about applications or programs, international students can call +61 3 8676 7004 from outside Australia or 1800 671 980 from inside Australia (free call).

Find out more on the international contact page or use the online enquiry form.

Find details of international educational representatives

Financial assistance

Find out more about fees, charges and financial assistance

Find details of undergraduate scholarships for future students and for current students

Student centres

Student centres are located on each campus including St Lucia and provide a one-stop shop for student administration enquiries – including enrolment, timetables, fees, graduation, academic transcripts and ID cards – and general enquiries.

Call +61 7 3365 2600 from 8.30am – 5.00pm Monday to Friday or visit the student centre page.

Student support

Follow the links below to access further information and support: