Master of Commerce
- Commencing Terms
- Term 1, 2 & 3
- Duration
- 1.7 Year(s)
- Delivery Mode
- Face-to-face (includes blended)
- Campus
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Kensington
- Codes
- Program code 8404
- CRICOS code 000933K
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2026 Indicative first year full fee
- $42,000*
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2026 Indicative full fee to complete degree
- $64,000*
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2026 Indicative first year full fee
- $62,000*
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2026 Indicative full fee to complete degree
- $96,000*
Entry Requirements
Fees
Fees
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Internship opportunities
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15 specialisations
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In-demand skills
Admissions update for international students
Some programs are at capacity for 2026 intakes and new applications are closed to New Overseas Student Commencement (NOSC). Applications to all 2027 intakes are open.
Click to find our latest updates for international student admissions.
- Overview
- Entry requirements
- What will I study?
- Future careers
- How to apply
- Fees & Scholarships
- Frequently asked questions
Master of Commerce Overview
Gain advanced business knowledge and industry experience with UNSW’s globally-recognised Master of Commerce (MCom). Study at Sydney’s #1 Business School for Business & Management (QS World University Rankings by Subject, 2025) and graduate with the skills and confidence to navigate complex business challenges across a range of industries.
The UNSW MCom stands out for its strong industry connections, real-world learning and global reputation. Designed in consultation with industry and guided by the leading academics and professionals at UNSW Business School, it combines academic rigour with practical application to prepare you for success.
You’ll build your expertise through a combination of core commerce courses, electives and specialisation subjects, with the opportunity to focus on up to two areas from a choice of 15, including Accounting, Finance, International Business and Marketing. This flexible structure allows you to shape your studies around your interests and career goals, while developing advanced expertise and the breadth of knowledge needed to lead in dynamic business environments.
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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
Future-focused specialisations
Stay ahead of change with a business education shaped by the latest thinking, technologies and global challenges, equipping you to accelerate your career with confidence. All 15 specialisations are future-focused and co-designed with industry leaders to ensure your studies reflect current business practice. Whether you choose an emerging field such as AI in Business and Society or an established discipline like Finance, you’ll gain the skills to lead in a changing world.
Industry-connected learning
The UNSW MCom is career-focused from day one. Gain hands-on experience using the same tools and technologies as professionals, while learning from world-leading academics and experienced industry practitioners. You’ll also have access to work experience and dedicated career support services throughout your studies.
Globally-recognised accreditation pathways
Enhance your professional credentials with a degree aligned to leading industry bodies, including the CFA Institute, Australian Human Resources Institute (AHRI) and the Global Association of Risk Professionals (GARP). UNSW is a GARP Academic Partner, with risk management courses aligned to Financial Risk Manager (FRM®) certification.
Why study at UNSW?
Gain a world-class business education
Learn from leading academics at Sydney’s #1 Business School (QS World University Rankings by Subject, 2025). You’ll also be taught by Professors of Practice – senior industry leaders and executives who bring real-world insight and connections into the classroom.
Career-ready learning and support
Access internships, global experiences, mentoring and networking opportunities that connect your studies to real-world business challenges through UNSW Business School's Career Accelerator. You’ll graduate with the practical experience, confidence and professional skills needed to graduate with a competitive edge in a rapidly evolving job market.
Build your professional network
Tap into a powerful global network of alumni and industry partners that open doors to mentoring and career opportunities in Australia and worldwide. You’ll have opportunities to engage with UNSW’s industry partners such TotalEnergies (Vietnam), Cricket One, Emtek Group, Givvable, NetNada and more.
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)
Want to see more from UNSW Business School?
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.
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.
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.
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.
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 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
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.
Check the specific English language requirements for this program
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?
Program structure
The UNSW Master of Commerce is a 1.7-year full-time program comprising 12 courses. Part-time study is also available.
You’ll complete core commerce subjects covering areas such as ethics and data literacy, as well as a Coding for Business course, a capstone or practicum and courses aligned to your chosen specialisation/s. If you choose one specialisation, you’ll have the option to take business or free electives.
If you’d like more flexibility to take additional electives, you may want to consider the Master of Commerce (Extension) which follows the same curriculum but includes extra time to explore a broader range of subjects.
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- 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
Students must complete 72 units of credit (UOC). This can be achieved by completing either one specialisation with a mix of business and free electives, or two specialisations.
One specialisation
- COMM5999 – 0 UOC
- MGMT5050 – 6 UOC
- Data analysis course – 6 UOC
- Specialisation – 24 UOC
- Electives – 30 UOC*
- Capstone course – 6 UOC
*Up to 2 courses can be postgraduate courses from other Faculties, subject to enrolment requirements.
Two specialisations
- COMM5999 – 0 UOC
- MGMT5050 – 6 UOC
- Data analysis course – 6 UOC
- Specialisation 1 – 24 UOC
- Specialisation 2 – 24 UOC
- Electives – 6 UOC*
- Capstone course – 6 UOC
*Can be selected from other Faculties, subject to enrolment requirements.
Example study plan
Your study plan will vary depending on whether you study full-time or part-time.
Below is an example of what you might study with a full-time study load.
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
For more information on the course structure of the UNSW Master of Commerce, please visit the Handbook.
Future careers
Stand out in a competitive global job market with a UNSW Master of Commerce. UNSW is consistently recognised for graduate employability, ranked seven years in a row (AFR Top 100 Future Leaders & Graduate Employers Awards 2020–2026). Also, we’re ranked #1 in Australia for career outcomes (Australian Financial Review (AFR) Best Universities Ranking, 2025).
A Master of Commerce degree opens the door to a wide range of business career pathways. Whether you’re interested in strategy, finance, marketing, technology or people and culture, the degree equips you with a versatile skillset that can be applied across industries and roles.
As business needs evolve, some areas are experiencing particularly strong growth. For example, demand for Business Analysts is projected to grow by 23.2% over the next five years, while demand for Compliance Manager and Consultant roles is expected to grow by 17.5% and 32.2% respectively (Seek, 2026).
No matter which direction you take, you’ll graduate with highly transferable skills, real-world experience and strong professional and industry connections to support your career growth.
Potential careers
- 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
The Master of Commerce meets the education requirement of various professional bodies including:
- Australian Human Resources Institute
- Australian Securities and Investment Commission
- Chartered Accountants Australia and New Zealand
- ACCA and Institute of Public Accountants
- Financial Adviser Standards and Ethics Authority (FASEA)
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?
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?
Fees & Scholarships
*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 degree/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.
*Fees are subject to annual review (or when required) by the University and may vary accordingly.
The indicative fees listed here are based on an estimated average using historical student enrolment patterns for each program, which may change every year. The amount you pay will vary depending on the calendar year you 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 first year fees are for tuition only. Indicative fees to complete the degree/program include tuition plus an estimate of study-related costs of approximately $1,000 per year and have been calculated based on percentage increase for every year of the degree/program, noting that actual fee increase may exceed the indicative figures listed here. Other fees and charges are not included. To find out more about other costs for international students, 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.
Frequently Asked Questions about the Master of Commerce
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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.
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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.
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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
UNSW is ranked #20 university in the world
QS World University Rankings, 2024–2026
Most Employable Graduates
Winner of the AFR Most Employable University Award seven years in a row
AFR Top100 Future Leaders & Graduate Employers Awards, 2020–2026
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.
