Master of  Commerce

Program code: 5165
CRICOS code: 002020B


St Lucia


1.5 Years full-time


Semester 1 (24 Feb, 2020)
Semester 2 (27 Jul, 2020)

Want to take the next step in your career? The Master of Commerce is for managers with a background in commerce who wish to update their knowledge, move into senior management, or shift into a new role.

  • This 18-month master's program is designed for applicants with approved qualifications in the same discipline and who can meet minimum GPA requirements. For a full list of admission requirements – see Program Details.
  • Develop your knowledge of financial theory and practice in one or two of the following fields of study: Applied Finance, Information Systems, or Professional Accounting. Each field is designed to jumpstart or advance your professional knowledge.
  • Choose from a range of electives and tailor your studies to your industry, interests or career goals. Electives cover a broad range of topics, including accounting, economics, and intellectual property. An industry work placement is also available.
  • Undertake optional research courses or complete a supervised research project that addresses a relevant topic of your choice. You'll be involved in all aspects of research, from defining a topic and methodology to presenting your results.

This program will help you move to the next level of your career by developing your knowledge of finance and advancing your management skills.

  • Fast Facts

    Global standing

    UQ Business School was the first business school in Australia to be accredited by the pre-eminent ranking bodies AACSB International and EQUIS. UQ was also ranked in the 43rd in the world for accounting and finance in the 2019 QS World University Rankings by Subject.

  • Teaching staff

    World-leading academics

    UQ Business School is home to some of the most innovative educators in Australia, who are bound to challenge your thinking. Many also work in consultancy for leading companies, agencies and organisations to help them address the challenges they face.

  • Fast Facts

    Stay ahead of the game

    Our business programs are regularly updated to include topical and innovative study areas. Our courses reflect the world right now and address constantly evolving issues in areas like sustainability, climate, entrepreneurship and new technologies.

  • Alumni
    "Studying my Master of Commerce at UQ has not only enhanced my academic performance, but also my soft skills such as my interpersonal and communication abilities. UQ provides an excellent platform from which to step out of your comfort zone, achieve our academic and career goals, and create change in our communities and workplaces." Wanwei Du, Master of Commerce (Information Systems) (2019)

Fields of study for this program

There are 3 fields of study available in the Master of Commerce.

View all fields of study for this program

Career outcomes

The Master of Commerce is a degree that is highly regarded by organisations worldwide, whether in the public, private or not-for-profit sectors.

Graduates can expect to work in a range of fields, including management consulting, electronic retailing, stockbroking, banking and finance, or funds management.

Specific career opportunities typically depend on your chosen field of study.

Other graduates use the Master of Commerce to further their research ambitions and proceed to enrol in a Master of Philosophy or PhD program, where they continue developing their research skills and make significant contributions to knowledge.

  • Professional experience

    Link up with industry and the profession

    The Faculty of Business, Economics and Law's award-winning Student Employability Team (SET) helps students develop their careers through internships, mentoring programs, inspirational guest speakers and career planning advice.

  • Professional experience

    Give back and grow your network

    The Community Engagement Program (CEP) gives you opportunities to work on real-life projects with not-for-profit and community organisations. In small groups, you'll apply your classroom knowledge and experience, and develop your leadership and networking skills.

  • Why study

    Build a career

    During your studies, you can choose to write a thesis on an original research topic. This will further your expertise and skills in critical thinking, communication, and project management, and potentially open doors to a future career in research, within industry or academia.

  • Alumni
    "The Master of Commerce program has very strong subject offerings and flexibility to branch outside for very valuable and interesting electives. I enjoyed engaging with lecturers and program staff, and making many new friends with my fellow students - many from vastly different backgrounds than myself." Paul Brown, Master of Commerce (Applied Finance), 2017
    Senior Manager Distribution Analytics, Commonwealth Bank


  • Program code
  • Faculty
  • Duration
    1.5 Years full-time
  • Commencing
    Semester 1 (24 Feb, 2020)
    Semester 2 (27 Jul, 2020)
  • Program level
    Postgraduate Coursework
  • Units
  • Delivery location
    St Lucia
  • AQF
    Level 9
  • CRICOS code

Admissions criteria


Bachelor 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.

Field of Study: 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).

Same discipline is a Bachelor degree specialising in at least one of the following areas:

  • accounting
  • advertising (business degree related only)
  • business
  • business administration
  • business information systems
  • commercialisation (business degree related only)
  • economics
  • entrepreneurship
  • finance
  • human resources
  • international business
  • international hotel and tourism management (UQ BIHTM and Griffith University BITHM degrees permitted, others considered on a case by case basis)
  • management
  • marketing
  • strategy
  • sustainability (business degree related only).

English Proficiency

IELTS overall 6.5; reading 6; writing 6; speaking 6; listening 6. For other English Language Proficiency Tests and Scores approved for UQ

TOEFL IBT - Overall 87, listening 19, reading 19, writing 21 and speaking 19.

TOEFL PB - Overall 570, listening 54, reading 54, writing 59/5.

Pearsons - Overall Score of 64 and 60 in all sub bands.

BEP - A minimum overall grade of 4 plus a minimum grade of C in all macro skills.

CES - Overall 176 and 169 in all sub bands.

OET is not accepted.

View the English proficiency policy

Visa requirements

International students who are accepted into full-time study in the Master of Commerce are eligible to apply for an Australian student visa.

The Australian Government has simplified the visa application process. Now, all international students apply for the Student Visa (subclass 500).

There are a number of requirements you must satisfy before a visa is granted. Find out more about the visa application process.

Learn more about entry requirements

Program structure


The courses offered in the Master of Commerce are set out in the course list. Each course is allocated a certain number of units (#).

Courses Program Rules

The Program Rules explain what is required to complete the Master of Commerce. These requirements include the total number of units you need to complete in order to graduate.

Program Rules

To have your degree conferred, you also need to comply with UQ’s policies and rules.

Early exit points

Depending on your choice of courses, it might be possible to withdraw from the Master of Commerce at an early exit point and graduate with one of the following awards:

Professional memberships

Graduates may be eligible for membership with the following professional bodies:

  • Australian Computer Society
  • Australasian Institute of Banking and Finance
  • Chartered Accountants Australia & New Zealand
  • Chartered Secretaries Australia Limited
  • Certified Practising Accountants Australia

Dual programs

Dual programs let you study two degrees at the same time. Each dual program has a single set of Program Rules.

The following dual programs are available with the Master of Commerce:

Programs and Courses

If you're a current student who has already commenced study at UQ, refer to Programs and Courses in my.UQ for full information about your program structure, rules and requirements.

Fields of study

The following is a list of fields of study available in the Master of Commerce.

When you graduate, any fields of study you have finished will be listed on your degree certificate.

Applied Finance

Courses in the Applied Finance field of study combine theories of successful financial management with practical skills in analysis and risk assessment. In addition, you'll also develop your understanding of factors that can affect financial decision-making in the global market. Applied finance skills are sought-after within almost every business you can think of, as are capabilities for strong financial management to improve profitability and sustainability.

Career outcomes

Graduates who specialise in Applied Finance typically move into roles in investment banking or financial institutions as analysts and managers; build their own businesses; work in consultancy to help businesses grow and expand; or move into various financial management roles.

Information Systems

The use of information systems to manage financial records and accounting data is ubiquitous, and developing skills in areas like information requirements analysis and management will let you contribute to the efficient operations of almost any organisation. Courses in the Information Systems specialisation will teach you about the analysis, design and management of information systems and the development of information systems strategy. Elective courses cover topics like managing virtual corporate environments, advanced data analytics, business process improvement, cyber security, and IT auditing.

Career outcomes

There are a large number of career options available for Information Systems graduates in almost any organisation. Graduates typically work in consultancy environments, where they improve an organisation's efficiency and effectiveness through the right technologies and systems. Common roles include systems or process analysts, project managers, business/data analysts, or managers of information system infrastructure.

Professional Accounting

Courses in the Professional Accounting field of study will develop your skills and knowledge to qualify for associate membership of two key Australian accounting professional bodies: Certified Practicing Accountants Australia (CPA Australia) and Chartered Accountants Australia and New Zealand (CAANZ). This field of study is suitable if you want to change careers, or gain formal accounting qualifications that are recognised by industry. It is not necessary to have any prior accounting qualifications.

Career outcomes

Graduates typically fill a wide variety of roles in areas like financial accounting, auditing, corporate accounting, managerial accounting and control.

You should refer to the Program Rules for more information. A full definition of "field of study" is available in the Policies and Procedures Library.

Financial aid

As an international student, you might be eligible for financial aid – either from your home country, or from the Australian Government.

Find out more about financial aid, including scholarships and financial aid programs.

Indicative annual fee

AUD $44,272
Indicative fee 2020

The "indicative annual fee" is the cost of enrolling in the Master of Commerce for the 2020 academic year. It is calculated based on a standard full-time study load.

A standard full-time study load is 16 units per academic year.

If you enrol in a larger or smaller study load, your fees will be calculated on a proportionate basis.

All fees are reviewed annually.

Visit Tuition fees for more information.


International students are eligible to apply for a number of scholarships and prizes. These may be offered by the University, the Australian Government, foreign governments, or private organisations.

Many scholarships have specific eligibility criteria and are very competitive. More information, including information about how to apply, is available on the Scholarships website.

Applying online

Apply now

All international student applications for the Master of Commerce can be lodged directly to UQ using our online application form or through an approved UQ agent in your country.

The program code for the Master of Commerce is 5165. You'll need this when applying.

Find out more about applying for postgraduate coursework study.

Apply now

Additional application information

The following supporting documentation is required for all applications. Please ensure that you have included ALL required documentation when you submit your application:

  • Official transcripts of previous studies.

Important dates

There are a number of dates and deadlines you need to meet when applying for postgraduate study.

The closing date for the Master of Commerce is:

  • To commence study in semester 2 - May 31 of the year of commencement.
  • To commence study in semester 1 - November 30 of the previous year.

A full list of dates relevant to UQ students is available on the Student Matters Calendar.

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