Commerce - B6023


Expert master degree

The Master of Commerce involves undertaking research methodology training and carrying out independent research projects in banking and finance, working closely with a supervisor who will provide you with individual guidance and academic counselling. The course offers a pathway to a higher research degree and will provide you with the opportunity to demonstrate your advanced research, analytical and communication skills.

This course is a direct research pathway to our finance PhD program, with the coursework component designed to provide necessary and adequate research training for students who pursue PhDs. This ensures that sufficient coursework has been conducted before you enter our PhD program, allowing you to focus more on your research during the PhD program.

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At a glance

Course Details

  • On-campus at Caulfield: Full time & part time
1 or 2 years full-time depending on prior qualifications. See entry requirements.
Start date
First semester (February), Second semester (July)
Master of Commerce
Alternative exits
Course Handbook

Entry Requirements

You need to satisfy the following entrance requirements to be considered for entry to this course.

Minimum Entry Requirements (Domestic students)


Entry level 1: 96 credit points Duration: 2 years full time, 4 years part time

An Australian bachelor degree (or equivalent) in a relevant discipline. A distinction grade average (70%) or above for four units (24  points) in a relevant discipline at level three is required.

Entry level 2: 48 credit points Duration: 1 year full time, 2 years part time

An Australian bachelor honours degree (or equivalent) in finance with a high distinction grade average (80%), or equivalent qualification approved by the faculty which has not been used as a basis for entry.

English requirements

Applicants must also meet the English language requirements.

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

Extra Requirements

Shortlisted applicants will be invited to attend an interview with a panel constituted by the Research Director. Admission is a competitive process.

The course is structured in two parts:

Part A. Research studies and Part B. Advanced research studies.

Master of Commerce (Finance)

The program is two years, with a large research project in the second year.

The coursework includes:

Year 1

- Corporate finance and intermediation theory
- Empirical corporate finance and banking
- Asset pricing theory
- Empirical asset pricing and investments
- Econometrics for finance
- Research skills
- Research in finance

Year 2

- Research project (thesis)
- Advanced corporate finance
- Advanced asset pricing
- Advanced behavioural finance
- One elective course

Making the application

Future students

Semester one (February)

Apply directly to Monash using course code B6023.


Semester two (July)

Apply directly to Monash using course code B6023.


Closing date

Applications for Semester 1 2023 close 15 October 2022.

How can you apply?

We are looking for recent graduates or final year undergraduate and master’s students in finance, economics or related fields, with outstanding academic achievement and an interest in finance research careers.


If you have any questions regarding the Master of Commerce, please feel free to contact:

Li Ge
Senior Lecturer
MCom Program Coordinator

Ying Dou
Senior Lecturer
MCom Program Deputy Coordinator

Self assess for credit eligibility

Check for study credit using the "Credit search" link on the Credit for prior study page


Fees are subject to change annually.

Note Please note: The fee information displayed is based on the 2022 rates and should only be used as a guide.

Full fee

Fees are per 48 credit points which represents a standard full-time course load for a year.


Fee assistance

As a full fee-paying student, you may be eligible to apply for the optional FEE-HELP to assist you to pay all or part of your tuition fees.


We offer over 360 types of scholarships, valued at up to $280,000. Some scholarships offer one-off payments while others continue for the length of your course. Learn more about Monash Scholarships.

Other costs and fees

For information on other study costs and fees, see other study costs.