Commerce - B6023

Commerce

Master's degree

If you’ve completed an undergraduate degree in commerce and are looking to make the move into a PhD, the Master of Commerce is the next stop on your journey. Bring together what you’ve learned about the world of business and sharpen your research skills.

MAKE YOUR NEXT MOVE

The Master of Commerce is offered as part of an Integrated PhD program at Monash Business School – meaning it’s a compulsory pathway towards a PhD. This first step is designed to equip you with the skills to take part in deeper, best-practice research, while also expanding on what you’ve already learning in your commercial studies and career so far.

Devise and deliver an independent research project in your chosen specialisation alongside an industry-leading supervisor will help guide you through the project.

The Master of Commerce is the compulsory doctoral pathway for the banking and finance specialisation, and a preferred doctoral pathway for accounting, econometrics and business statistics, economics, health economcis, management and marketing specialisations.

ELEVATE YOUR EXPERTISE

Most students who complete the Master of Commerce go on to join the forward-thinking, impact-shaping post-doctoral community. Equipped with the expertise needed to deliver research and results at this level, you’ll be set to make your mark responding to some the most pressing economic, environmental social and commercial challenges impacting our world today.

Show more

At a glance

Course Details

Location
  • On-campus at Caulfield: Full time
Duration
1 or 2 years full-time depending on prior qualifications. See entry requirements.
Start date
First Semester (February)
Second Semester (July)

Please note:
Banking and Finance are only accepting Semester 1 commencement.
Qualification
Master of Commerce
Course Handbook

We are looking for recent graduates or final year undergraduate and master’s students in a relevant discipline*, with outstanding academic achievement and an interest in research careers.

*Relevant disciplines include: Accounting, Banking and Finance, Econometrics and Business Statistics, Economics, Health Economics, Management, Marketing and related cognate disciplines including Computer Science, Engineering, Mathematics, Psychology, Sociology and other Social Sciences.

Please select a specialisation for more details:

Entry Requirements

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

Minimum Entry Requirements (International students)

Qualifications

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 a relevant discipline* with a grade average of at least (75%), or equivalent qualification approved by the faculty.

*Relevant disciplines include: Accounting, Banking and Finance,  Economics, Econometrics and Business Statistics, Health Economics, Management, Marketing and related cognate disciplines including Computer Science, Engineering, Mathematics, Psychology, Sociology and other Social Sciences.

English entry requirements

Level A
IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0 or Pearson Test of English (Academic): 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50 or TOEFL iBT:

0 - 120 scale:
79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21

1 - 6 scale:
4 Overall score, with minimum scores: Reading 3.5, Listening 3, Speaking 3.5 and Writing 4.5

or Courses that require English Level A only: Other approved English tests (minimum entry scores apply)

Courses with English Level B, C, D, E and F: Other approved English tests (higher entry scores apply than specified)

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

Extra Requirements

Applicants must attach a completed version of the B6023 - Master of Commerce (Integrated MCom/PhD program) Supplementary Form:

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

For Semester 2 commencement, only those that meet entry level 2 requirements will be considered.

The course structure and progression map can be viewed in the Handbook.

Making the application

Future students

How can you apply?

Applicants must attach a completed version of the B6023 - Master of Commerce (Integrated MCom/PhD program) Supplementary Form:

Questions?

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

The Graduate Research Office
Buseco-research.degrees@monash.edu

Semester one (February)

Apply directly to Monash using course code B6023.

Applications open 1 July - 31 August 2025

Apply

Semester two (July)

Apply directly to Monash using course code B6023.

Applications open 1 December 2025 - 1 February 2026

Apply

Self assess for credit eligibility

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

Fees

Fees are subject to change annually.

International fee

Fees are per 48 credit points which represents a standard full-time course load for a year. The fees for 2026 are:

A$41,000

Scholarships

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.

Enrolment Obligations

International students enrolling in a CRICOS-registered course can study no more than one third (33%) of their course by distance and/or online learning. Students must enrol in at least one unit that is not by distance and/or online in each compulsory study period unless the student is completing the last unit of their course. See standard 8.19 and 8.20 of National Code of Practice for Providers of Education and Training to Overseas Students 2018.

CRICOS code: 0101330

International course guides

If you are an international student and wish to find out more about our courses, entry requirements, studying at Monash and more, please download our international course guides below.

International Study Grants

International study grants

International Study Grants valued at up to $10,000