A$31,936/Yr
If students are new to business, the Master of Commerce offers the flexibility to study business fundamentals, while if students have existing business knowledge, students will have opportunities to complement students' skills and develop expertise in new discipline areas.
Masters of Commerce or MCom is a post graduate level course ideal for candidates who wish to make a career in banking financial services and insurance (BFSI) as well as accounting and commerce sectors. The two-year course delves deeper into the functioning of the economy, capital, revenue, trade, taxes, etc.
Since MCom is a specialized area in itself, only those candidates who have pursued BCom or BCom (H), can pursue it. MCom is also a good option for CA/CS candidates. However, not many CA/CS aspirants pursue MCom as CA/CS courses can be pursued after Class 12.
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Term 2 | |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | A$31936 (AUD 31936) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Accomodation | A$11790 (AUD 11790) |
| Other Fees | A$3992 (AUD 3992) |
| Total Cost | A$15782 (AUD 15782) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2021 | A$31936 (AUD 31936) |
Eligibility & Entry Requirement
Academic Eligibility:
- Students are required to have an undergraduate degree or equivalent degree from a recognized Australian tertiary institution.
- Students without an equivalent tertiary qualification may be admitted to the Graduate Diploma of Commerce on the basis of professional attainment and/or work experience.
- For admission to the Graduate, Diploma applicants are required to have a minimum of a 3 years tertiary qualification equivalent to an Associate Degree.
- Students whose official language is not English are required to submit IELTS, TOEFL, or PTE scores.
Indian Eligibility:
- Students need to have a minimum of a first-class or upper second with a minimum of 60-80% on an institutional basis in an undergraduate degree.
- Or, students completed a master's degree with first-class in a relevant field from a recognized institution.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.
Scores Required
Required Document List
The following required documents are:
- Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
- Academic records: The marks statement provided by the education board after completion of the previous academic qualifications.
- Three Letter of Recommendation: A recommendation letter should include information about the student, their connection with the person they are recommending, why they are qualified, and the specific skills they have.
- Statement of Purpose - This is an essay or any written statement written by the student while applying.
- Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores and Successful applicants typically provide a score in the 50th percentile.
- Transcripts: Official transcripts from all educational institutions students have attended.
Career and Placement after Course
Career Options After MCom
- Enroll in an MBA Program
- Become a Chartered Accountant
- Consider doing the ACCA course
- Pursue Company Secretaryship
- Earn the CMA credential
- Complete the CFA course
- Obtain a CPA license
- Become an FRM certified professional
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| VueVille Future Technology Scholarship | Scholarship per studentA$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per studentA$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Collegedunia $150 Scholarship Program | Scholarship per studentA$ 150/Yr$150 | Level Of StudyBachelor | TypeMerit-Based | |
| Australia Awards Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| JN Tata Endowment Scholarship | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| Rotary Foundation Scholarships- Global Grants | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCompany-Sponsored |
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