Master of Commerce Scholarship
Sir John Monash Fee Scholarship
The Master of Commerce is a research-oriented programme preparing students for a PhD and an academic career. Offered as part of an Integrated PhD program, the MCom may be completed in one or two years, depending on the specialisation and the student's prior studies. The MCom provides advanced coursework relevant to the specialisation to provide a thorough academic grounding in the skills and knowledge required to undertake original research. Upon successful completion of the MCom degree, students who perform at the required standard and demonstrate strong research capability will progress to the PhD (3 years). The MCom is the perfect pathway to doctoral studies for students who aim to pursue an academic career.
Selection for the Integrated PhD program is highly competitive. All shortlisted applicants will be automatically considered for the Master of Commerce Scholarship.
Applications
See below
Total scholarship value
Tuition fees paid, plus an allowance of equivalent to the current PhD stipend rate per annum for up to two years
Number offered
Variable
Ruosen Yang
Master of Commerce Scholarship
Life becomes more challenging when financial stress and academic workload pressure come together. The scholarship eased my financial burden, allowing me to focus more on my studies. With this support, I was also able to upgrade to more powerful devices, significantly improving the efficiency of my research and studies. The scholarship played a crucial role in helping me enjoy the university life and achieve the University Medal, one of the highest academic achievements at Monash.
Am I eligible?
You must be one of the following:
- An Australian citizen
- A New Zealand citizen
- Australian permanent resident
- Australian humanitarian visa holder
- An International student
You must meet the following criteria:
- A current full-time Monash student or an applicant seeking to enrol full-time, in the Master of Commerce degree
- You are not eligible for this scholarship if you are, or become, employed on a continuing basis or a fixed term contract for 3 months or greater.
Benefits
- Tuition fees paid, plus an allowance of $37,145 (the equivalent to the 2026 PhD stipend rate).
- Scholarships are available for either 1 year or 2 years.
Number offered
- Variable
Selection criteria
- Selected based on outstanding academic achievement, interest in a research career in the relevant discipline and interview performance.
To retain this scholarship:
- The Faculty of Business and Economics has the discretion to cancel the scholarship after the first year if your eligibility to proceed into the PhD program is deemed unsuitable.
- You must maintain full-time enrolment.
How to apply
- Applications must be submitted by the following deadlines:
- Semester 1 (February): Applications open 1 July - 31 August (Applicants notified of outcomes by end October).
- Semester 2 (July): Applications open 1 December-1 February (Applicants notified of outcomes by end March).
- All applications for the MCom will be considered for the Scholarship as part of the selection process for the Integrated PhD program. Information about the application process for the Integrated PhD program is provided here
- Shortlisted applicants will be invited to attend a 30-minute interview with a panel constituted by the Master of Commerce Program Director of the relevant MCom specialisation
- The scholarship can be deferred under special circumstances only.
Every scholarship may have a different application process – or none at all. Read the application details carefully and submit your application by the deadline. For more details, visit our scholarships application page.