Master of Commerce

#1 business school in Australia

International

You have reached the maximum of 6 degrees.

Become a business expert with the industry-aligned Master of Commerce. Learn the essentials of business while specialising in one or two specific fields. UNSW's MCom is highly regarded by industry in Australia and across the world, and combines theoretical learning with real-world business experiences, meaning you'll graduate as a highly sought-after business professional.

Commencing Terms: Term 1, 2 & 3
Duration: 1.7 Year(s)
Delivery Mode: Face-to-face (includes blended)
Campus: Kensington
Codes: Program code 8404; CRICOS code 000933K

2026 Indicative first year full fee: $42,000*
2026 Indicative full fee to complete degree: $64,000*
2026 Indicative first year full fee: $62,000*
2026 Indicative full fee to complete degree: $96,000*

Internship opportunities
14 specialisations
In-demand skills

Get updates on this course, key dates and upcoming events

Enquire

Application closures for 2026

Undergraduate programs for 2026 intakes are closed for New Overseas Student Commencement (NOSC) applications. Applications for postgraduate programs remain open. Find out if this closure applies to you.

Learn more

Master of Commerce Overview

The Master of Commerce at UNSW is a 1.7-year full-time postgraduate program. Designed in consultation with industry, to equip students with advanced business knowledge and practical skills. This degree is career-focused from day one. Whatever you specialise in, you’ll benefit from UNSW's strong industry connections, learn with real-world tools and technology, and have access to work-experience and dedicated career support services.

As a leading Business School, we attract students from far and wide to study degrees like the Master of Commerce. Join our global alumni network alongside a diverse and culturally rich cohort that includes students like Shreya Gramle, who travelled from Bangalore, India, to study at UNSW. 

With 15 specializations, including Finance, Marketing, and Business Analytics, the program offers flexibility to tailor your studies to your career goals. The MCom UNSW program offers the opportunity to specialise in up to two complementary areas of business, or to choose one specialisation and broaden your knowledge through electives that complement your field. Guided by UNSW Business School’s highly reputable academics and professionals, you’ll develop expertise in your area of study and gain the comprehensive understanding needed to lead in any business environment.

Students are required to complete at least one and up to two of the following specialisations.

Accounting

AI in Business and Society

Business Analytics

Cybersecurity, Risk and Privacy

Digital Transformation and Technology Management

Economics and Finance

Finance

Financial Technology (FinTech)

Global Sustainability and Social Impact

Human Resource Management

International Business

Marketing

Marketing Analytics

Risk Management

Strategy and Innovation

Key features

Co-designed with industry leaders.
Choose from 15 commerce specialisations.
Diversify your business expertise with the ability to study two specialisations.
Gain hands-on experience as you study, learning with the same technology used in industry.
Learn with world-leading experts and experienced professionals.
Gain accreditation in areas like professional accounting, human resources, financial analysis, and more.
Access work experience opportunities to support your career goals.
Access to a global alumni community with networking and mentoring opportunities.
Join a community driving an ethical and sustainable future for business.

Why study at UNSW?

World-class business education
We are ranked Australia's #1 school in Business & Management (QS World University Rankings by Subject, 2025). We’re a global top 20 university (QS World University Rankings, 2024–2026). UNSW is known for its graduate employability, with UNSW awarded the Most Employable students for six years in a row (Australian Financial Review (AFR) Top100 Future Leaders Awards, 2020–2025).

UNSW Business School is renowned for best-in-class teaching and student outcomes; we're ranked #1 in Australia for accounting and finance, business and management, economics and econometrics and marketing (QS World University Rankings by Subject, 2025).

Career support
As a UNSW Business School student, you’ll have access to Career Accelerator, a unique program of work experience, professional development and global business project opportunities. UNSW supports start-ups. We’re the number one university attended by start-up founders, are renowned for our successful innovators, and are home to Australia’s most comprehensive university entrepreneurship program.

Learn about career accelerator opportunities

Industry connections
MCom students have the opportunity to connect and work with a global network of UNSW Business School’s alumni and industry partners including TotalEnergies (Vietnam), Cricket One, Emtek Group, Givvable, NetNada.

Discover our global alumni network

Hear from our alumni

"My studies were practical, flexible and deeply relevant. Being able to choose real-world companies and organisations to base assessments on meant I could absorb the learning while considering real-world application."

Jennifer Moses
Sustainability & Social Impact Consultant | Master of Commerce (Sustainability and Social Impact)

Read Jennifer's story

Program Code

8404

CRICOS Code

000933K

Campus

Kensington

Total Units of Credit (UOC)

Want to see more from UNSW Business School?

Visit Faculty

Entry requirements

The degree’s admission requirements are based on you having a recognised undergraduate degree (or equivalent qualification) with a credit average (WAM 65% or higher), as determined by the UNSW Business School. You may be considered eligible if your undergraduate degree WAM is between 60-64% and your score for the GMAT is at least 600 for the GMAT Exam or at least 565 for the GMAT Focus Edition.

Recognition of Prior Learning (RPL)
If you’ve studied an undergraduate degree that relates to the areas of business you’d like to study, you could be eligible for up to 24 Units of Credit (UOC), or four courses of RPL. These credit points will allow you to take fewer subjects and graduate sooner.

MCom RPL Guide

Admission pathways

If you don't meet the entry requirements, you may be eligible to study the Graduate Certificate in Commerce a pathway into the Master of Commerce. Upon successful completion, your Graduate Certificate in Commerce courses may be credited towards your MCom.

English language requirements

You may be asked to provide evidence of your English proficiency to study at UNSW depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If you’re completing an Australian Year 12 qualification (e.g. NSW HSC or equivalent), you do not need to provide anything extra to prove your proficiency. Your qualification will be used as evidence of your English proficiency.

If you do need to provide evidence of your English proficiency, this will be indicated in your application. You can prove this by providing evidence that you meet one or more of the following criteria:

English language tests and university English courses
Prior study in the medium of English
Other qualifications

If you need to improve your English skills before you start your degree, UNSW College’s Academic English Programs are for you. The programs are suitable for various English levels and help you prepare for university studies and life in Australia.

For more details, visit the English Language Requirements page.

Note: Applicants from non-211 universities in China wishing to study Postgraduate Coursework in the UNSW Business School must achieve a minimum overall average of 88 in their current university’s grading system. This is equivalent to an 85% Australian scaled average using the calculator.

MCom RPL Guide

Admission pathways

English language requirements

You may be asked to provide evidence of your English proficiency to study at UNSW depending on whether you are from an English-speaking background or non-English speaking background. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If English is not your first language, you’ll need to provide proof of your English proficiency before you can be given an offer to study at UNSW. You can do this by providing evidence that you meet one or more of the following criteria:

English language tests and university English courses
Prior study in the medium of English
Other qualifications

For more details, visit the English Language Requirements page.

Check the specific English language requirements for this program

Select from the options below

Which applies to you?

What will I study?

UNSW is introducing a new academic calendar from 2028.

We are moving to a new flex-semester calendar. What does this mean for your studies?

Learn more

Program structure

The Master of Commerce is a 1.7 year program consisting of 12 courses. The program includes:

Core units on professional skills, ethics, data literacy and data communication
Courses in one or two chosen specialisations
Business or free electives (if only one specialisation is chosen)
A Coding for Business course
A capstone or practicum.

Accounting

AI in Business and Society

Business Analytics

Cybersecurity, Risk and Privacy

Digital Transformation

Economics and Finance

Finance

Financial Technology (FinTech)

Global Sustainability and Social Impact

Human Resource Management

International Business

Marketing

Marketing Analytics

Risk Management

Strategy and Innovation

Full program structure

This Master’s degree can be studied full-time or part-time. Full-time study is considered two to three courses per term, however it’s normal for postgraduate students to plan their studies around other life commitments.

Each UNSW university year has three terms and an optional summer study period. Depending on how you plan your study load, you can fit two or three courses into a term and one course in a summer term.

Below is an example of what you might study if you completed three courses per term.

First year

Term 1

1 Core course in Professional Skills and Ethics
1 Core course in Data Analysis or Data Visualisation and Communication
1 course to support your specialisation

Term 2

2 courses in your chosen specialisation/s or electives

Term 3

3 courses in your chosen specialisation/s or electives

Summer Study Period

Take a break

Second year

Term 1

1 course in your chosen specialisation/s or electives

1 Business School elective course or Coding for Business
Capstone course in your specialisation/s

You can explore the course structure of each subject in the handbook below.

Go to the handbook

Future careers

UNSW graduates are renowned for their employability, and postgraduate study will help set you apart. With career-focused and real-world learning embedded into the MCom from the outset of your degree and a large community of industry partners to connect with, you’ll graduate with the confidence, experience and networks you need to go after and succeed in diverse careers.

Potential careers

MCom graduates develop rewarding careers across a wide range of sectors in roles including:

Business Administration
Business Analyst
Business Development Manager
Commercialisation Manager
Compliance Manager
Consultant
Customer Experience Manager
Cybersecurity Analyst
Data Analyst
Data Scientist
Digital Innovation Manager
Entrepreneur
Financial Advisor
Financial Technology Developer
Funds Manager
Human Resource Consultant
Investment Banker
Marketing Analyst
Management Accountant
Management Analyst
Marketing or Brand Manager
People and Culture Specialist
Portfolio Manager
Product Manager
Regulatory Officer
Risk Analyst
Social Entrepreneur
Stakeholder Engagement Manager
Strategist
Systems Analyst
Venture Capitalist

Accreditation

Australian Human Resource Institute, Chartered Financial Analyst (CFA) Institute, Chartered Institute of Management Accountants, Global Association of Risk Professionals (GARP) Master of Commerce is an academic partner of Global Association of Risk Professionals (GARP). The curriculum of risk management courses has been structured to align with the learning objectives outlined by GARP for risk management certification, Financial Risk Manager (FRM®) Certification. Students may apply for scholarships and fellowships at GARP. Information can be found at https://www.garp.org/academic-partners.

How to apply

Applications must be submitted through our Apply Online portal. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term. Some high-demand programs and Faculties with limited places may have an earlier application deadline or commencement date. Find out more.

Ready to start your application?

Apply now

For most international students, applications are submitted via our Apply Online service. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term.

Some high-demand programs with limited places, may have an earlier application deadline or may have an earlier commencement date. For details, visit the international admissions information page.

Ready to start your application?

Apply now

Fees & Scholarships

2026 Indicative First Year Full Fee

$42,000*

2026 Indicative Full Fee to Complete Degree

$64,000*

*Fees are subject to annual review (or when required) by the University and may vary accordingly.

Indicative fees are a guide only and have been calculated based on the typical enrolment patterns of students undertaking the program. The indicative fees listed here is an estimate for tuition only and excludes non-tuition fees and charges. The amount you pay will vary depending on the calendar year of enrolment, the courses you select and whether your study load is more or less than 1 Equivalent Full Time Student Load (48 units of credit (UOC) per year).

You should not rely on indicative fees as fee increases are assessed when required and may exceed the indicative figures listed here. Actual fees are calculated on enrolment. More information on fees can be found at the UNSW fees website.

Commonwealth Study Assistance such as Ausstudy, and Youth Allowance is available for some Masters degrees. For the most up-to-date information and list of degrees visit UNSW Current Student Financial Support.

2026 Indicative First Year Fee

$62,000*

2026 Indicative Fee to Complete Degree

$96,000*

*Fees are subject to annual review by the University and may increase annually, with the new fees effective from the start of each calendar year. The indicative fees listed here are based on an estimated average and are for tuition only, other fees and charges are not included. The amount you pay will vary depending on the calendar year to enrol, the courses you select and whether your study load is more or less than 1 Equivalent Full Time Student Load (8 courses per year).

Indicative fees are a guide for comparison only based on current conditions and available data. You should not rely on indicative fees. More information on fees can be found at the UNSW fees website.

Indicative fees to complete the program have been calculated based on a percentage increase for every year of the program. Fee increases are assessed annually and may exceed the indicative figures listed here.

Indicative fees to complete the program include tuition plus an estimate of study-related costs of approximately $1,000 per year. To find out more about other costs, visit UNSW International.

Scholarships

At UNSW, we award over $83 million in scholarships each year. We pride ourselves on rewarding excellence and making university accessible to students from all walks of life. Whether you’re a domestic or international student, our range of scholarships, prizes and awards can support your journey.

Explore Scholarships

Frequently Asked Questions about the Master of Commerce

The Master of Commerce (MCom) at UNSW is designed to help you analyse and implement innovative business solutions in a complex, global environment.
More specifically:

You will develop deep business knowledge in one or two of the specialisations offered

You’ll learn to analyse current business issues and data, applying knowledge in both local and global settings.

You’ll learn to strategise responses to business problems: defining issues, applying critical thinking, and proposing evidence-based solutions.

You’ll learn to innovate by harnessing new tools, technologies and electives (like analytics, FinTech, digital transformation) to be future-ready.

You will be able to manage information, communication, and teamwork effectively by engaging with others, working across different functions, and sharing business information through various channels.

Finally, you’ll learn to implement your learning in real-world settings through industry-aligned curricula, professional tools and platforms, work experience, and mentoring opportunities.
With the MCom from UNSW, you gain a credential from a top-ranked business school and a skill-set that prepares you for a wide array of roles across industry. You’ll be equipped to excel in roles such as:

Business analyst, data-analytics manager or consultant in sectors such as FinTech, digital transformation, marketing analytics or sustainability.

Financial analyst, risk manager or accountant in roles where technical specialisation (e.g., economics & finance, accounting) is combined with general business acumen.

Human-resources manager, international business manager, or strategy & innovation consultant in global firms, where leadership, teamwork and strategic thinking are key.

Entrepreneur or change-agent: because the program emphasises real‐world tools and industry connections, you’ll be prepared to lead business innovation and transformation.

The MCom prepares you for industry-relevant careers from day one, by giving you both specialist knowledge and the broader business capabilities employers demand.

What is the difference between the Master’s of Commerce and Master’s of Commerce (Extension) degrees?

If you want to plan your career move and quickly develop specialist business skills, the standard MCom may suit you. If you wish to expand your skill set, broaden your business thinking, and invest more time and scope, the MCom (Extension) provides that extra depth.

Here’s a clear breakdown of the differences between the two offerings at UNSW:

Feature	Master of Commerce	Master of Commerce (Extension)
Depth	You can choose one specialisation and broaden through electives, or choose two specialisations.	Offers greater breadth and depth: you study one or two specialisations, plus more complementary electives to broaden your knowledge.
Structure	Slightly less elective space; designed for faster completion.	More comprehensive structure, possibly more units of credit (UOC) and more electives/free electives.
Who this program is for?	Those who want to move quickly, focus on one or two areas, begin career transformation relatively fast.	Those who want a longer, more immersive program with broader preparation or wish to transition from a non-commerce background, or deepen their business experience.

If a postgraduate commerce degree sounds interesting, you might also consider master's programs with a business focus, such as the Master of Business Administration (MBA) or specialised programs like the Master of Finance or the Master of International Business.

We also offer MCom double degree options with Information Technology and Engineering Science.

Progress starts here – at a world-leading university

Top 20 Worldwide

Ranked in the global top 20 for three consecutive years

^{QS World University Rankings, 2024–2026}

Most Employable Graduates

Winner of the AFR Most Employable University Award six years in a row

^{AFR Top100 Future Leaders Awards, 2020–2025}

Australia's #1 for Innovation

Highest number of startups and spinouts from university-developed tech

^{SCOPR report, 2024}

I can flexibly choose my subjects each term depending on the workload that I’m able to take on.

Vanessa Gershkovich

Master's student