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Master of Commerce

Overview

Develop specialist knowledge and skills in applied finance, professional accounting and information systems to think critically, make confident decisions and advance your career.

UQ ranks 41st in the world for accounting and finance education*, a distinction reflected in the quality of course material for the master’s programs and graduate certificate, and the contemporary learning environment where commerce students have access to the state-of-the-art Bloomberg Trading Room and can participate in the Student Managed Investment Fund.

As a master's degree student, you have the opportunity to undertake two fields of study or additional research electives, which may provide a pathway to higher degrees by research. You'll also focus on the key concepts of finance, accounting and information systems, and be encouraged to consider ethical behaviour in commerce and corporate social responsibility.

The Masters of Commerce (32 units) has been designed to equip you with highly regarded formal qualifications in finance, accounting or information systems, and provide you with the know-how to move into senior management or financial roles. 

This program does not assume prior knowledge or training in the available fields of study. If you’ve studied in a related discipline, consider if each field of study will extend your expertise and support your career plans.

*QS World University Rankings by Subject 2020

Location
St Lucia
Duration
2 Years (or part time equivalent)
Start Semester
Semester 1 (24 Feb, 2020), Semester 2 (3 Aug, 2020)
Program Code
5584
AQF
Level 9
Location
St Lucia
Fees
A$44272 (indicative per year)
Duration
2 Years
Start Semester
Semester 1 (24 Feb, 2020), Semester 2 (3 Aug, 2020)
Program Code
5584
CRICOS Code
082596K
AQF
Level 9

Program highlights

Program highlights

  • Build your theoretical and technical knowledge of the financial services industry.
  • Move to the next level of your career by developing a greater understanding of finance and advancing your management skills.
  • Gain qualifications in commerce that are recognised by employers worldwide.
  • Benefit from the Business School’s long-held research capability and the achievements of its academic staff, many considered the most innovative educators in Australia.

1 in Queensland for accounting and finance

QS World University Rankings 2020

41 in the world for accounting and finance

QS World University Rankings 2020

Fields of study

How you'll learn

Your learning experiences are designed to best suit the learning outcomes of the courses you choose.

  • Lectures
  • Tutorials
  • Research experience
  • Seminars
  • Workshops

What you'll study

At UQ, degrees are called 'programs' and subjects are called 'courses'. Here's a sample of the courses you could study in this program:

  • Financial Statement Analysis
  • Corporate Finance
  • Information Retrieval and Management
  • Auditing

Career possibilities

Postgraduate study can take you anywhere. Depending on which field you choose, here are some of the careers you could be on your way to:

  • Market risk analytics manager
  • Quantitative analyst
  • Pricing strategy lead
  • Business analyst
  • Technology consultant
  • Data analyst
  • Business systems analyst
  • Business services supervisor
  • Financial manager
  • Business improvement accountant

Professional memberships

When you graduate, you may be eligible for memberships with the following professional organisations. Contact the organisation to find out how to become a member.

  • Australian Computer Society
  • Chartered Accountants Australia & New Zealand
  • Chartered Secretaries Australia Limited
  • Certified Practising Accountants Australia
  • Financial Services Institute of Australasia

Entry requirements

Prerequisites

Bachelor degree or equivalent in any discipline with a GPA of at least 4.50 on a 7 point scale; OR a Graduate Certificate in Commerce from UQ or equivalent with a GPA of at least 4.50 on a 7 point scale.

Field of Study: For students who have previously undertaken studies in accounting, entry to the Professional Accounting field of study will only be considered for students not accredited with CPA Australia associate membership.

Prerequisites

Bachelor degree or equivalent in any discipline with a GPA of at least 4.50 on a 7 point scale; OR a Graduate Certificate in Commerce from UQ or equivalent with a GPA of at least 4.50 on a 7 point scale.

Field of Study: For students who have previously undertaken studies in accounting, entry to the Professional Accounting field of study will only be considered for students not accredited with CPA Australia associate membership.

English language requirements

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.

BE - 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.

 

Learn more about English language requirements

Need help meeting the entry requirements?

We can help you meet the academic or English language requirements for your preferred program.

If you haven’t completed the prerequisites, we can help.

Learn about pathway options

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.
  • Evidence of residency status.
  • Permanent residents will be required to sit an IELTS test if their prior studies were taught in an institution where English was not the language of instruction.

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.
  • Evidence of residency status.

Student visas

International students who are accepted into full-time study in the Master of Commerce are eligible to apply for an Australian student visa (subclass 500).

There are a number of requirements you must satisfy before a visa is granted, including the genuine temporary entrant (GTE) requirement.

Learn more about student visas

Fields of study

Fields of study

Tailor your studies to suit your goals. This program offers these options:

Applied Finance

The courses in this field of study combine the theoretical frameworks for success in financial management with practical skills in analysis and risk assessment.

You'll also develop a strong understanding of factors that influence financial decision-making in the global market. These newfound skills will be highly sought after, and your capabilities for strong financial management will help your organisation increase profitability and sustainability. Many graduates enjoy careers as investment banking analysts and managers in financial institutions and government regulatory agencies, while others establish their own businesses.

View

Information Systems

Organisations of all types, in all industries, rely on sophisticated information systems.

Future leaders must have an in-depth understanding of how to use data to inform their decision-making. The information systems field of study facilitates the development of advanced skills that enable students to conduct business analytics activities and advise on organisational information requirements and information systems strategy. It provides a broad knowledge of business technologies and their impacts to develop well-rounded information systems professionals.

View

Professional Accounting

This field of study ensures you develop the necessary skills to practice accounting professionally.

This specialisation is suitable if you want to change careers or gain formal accounting qualifications that are recognised by industry, and it's not necessary to have any prior accounting qualifications. By completing the relevant courses, you can achieve the necessary prerequisites for associate membership of the key Australian accounting professional bodies: Certified Practising Accountants Australia (CPA) and Chartered Accountants Australia and New Zealand (CAANZ). Careers include financial accounting, auditing, corporate accounting, managerial accounting and control.

View

Fields of study

Tailor your studies to suit your goals. This program offers these options:

Applied Finance

The courses in this field of study combine the theoretical frameworks for success in financial management with practical skills in analysis and risk assessment.

You'll also develop a strong understanding of factors that influence financial decision-making in the global market. These newfound skills will be highly sought after, and your capabilities for strong financial management will help your organisation increase profitability and sustainability. Many graduates enjoy careers as investment banking analysts and managers in financial institutions and government regulatory agencies, while others establish their own businesses.

View

Information Systems

Organisations of all types, in all industries, rely on sophisticated information systems.

Future leaders must have an in-depth understanding of how to use data to inform their decision-making. The information systems field of study facilitates the development of advanced skills that enable students to conduct business analytics activities and advise on organisational information requirements and information systems strategy. It provides a broad knowledge of business technologies and their impacts to develop well-rounded information systems professionals.

View

Professional Accounting

This field of study ensures you develop the necessary skills to practice accounting professionally.

This specialisation is suitable if you want to change careers or gain formal accounting qualifications that are recognised by industry, and it's not necessary to have any prior accounting qualifications. By completing the relevant courses, you can achieve the necessary prerequisites for associate membership of the key Australian accounting professional bodies: Certified Practising Accountants Australia (CPA) and Chartered Accountants Australia and New Zealand (CAANZ). Careers include financial accounting, auditing, corporate accounting, managerial accounting and control.

View

Fees and Scholarships

Government assistance

Financial aid

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

Learn more about financial aid

Indicative annual fee

AUD $44,272

Indicative annual fee 2020

This 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 (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.

Learn more about postgraduate fees

FEE-HELP

Domestic students who are accepted into the Master of Commerce pay tuition fees.

FEE-HELP is an Australian Government loan scheme to assist eligible students with the cost of their tuition fees.

Learn more about FEE-HELP

Centrelink support

Indicative annual fee

AUD $34,720

Indicative annual fee 2020

This indicative annual fee is the average cost of enrolling in the Master of Commerce at 2020 fee rates. It is calculated based on a standard full-time study load (16 units per academic year).

The average fee would be less for part-time study. Actual fees will vary according to your choice of courses, their unit value and the time you take to complete this program. Fees may be higher in later years as all fees are reviewed annually.

Learn more about postgraduate fees

Scholarships

Scholarships

How to apply

Important dates

The closing date for this program 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.

To learn more about UQ dates, including semester start dates, view the Academic Calendar.

Important dates

The closing date for this program is:

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

To learn more about UQ dates, including semester start dates, view the Academic Calendar.

Aboriginal and Torres Strait Islander applicants

For support with applying - or if you have any questions about Uni - get in touch with our Aboriginal and Torres Strait Islander Studies Unit.

Contact the ATSIS Unit

Express yourself. And your interest.

They say choosing a degree is hard, which is why we've made it easy. Register your interest in the Master of Commerce and we'll send you everything you need to know about applying to UQ.