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Master of Commerce

Masters.
Monash University

58

in world overall ranking*

6

in local overall ranking*
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About the course

The Master of Commerce provides pre-doctoral training for high-achieving students who intend to pursue a Monash PhD. The course comprises advanced coursework and research methodology training designed to prepare you to undertake deep and effective doctoral research when you transition to the PhD. During the course, you will design and undertake independent research in your specialisation, working closely with a supervisor who will provide individual guidance and academic advice. The Master of Commerce is the compulsory doctoral pathway for the Banking and finance specialisation.

Career outcome

Graduates are prepared for progression into doctoral study and research-focused careers in commerce disciplines. The degree develops capability in advanced analysis, research design and independent investigation, supporting pathways into academia, policy and applied research roles in areas such as accounting, finance, economics, management, marketing and econometrics. This masters qualification supports research-oriented careers across business and commerce fields. Preparing graduates for senior management, consulting, entrepreneurship, and organisational leadership roles.


Living Costs in Melbourne**


living costs restaurant icon
Restaurant
(Meal, Inexpensive Restaurant)
A$ 15 - 20
living costs house icon
Rent per Month
(1 bedroom in City Centre)
A$ 1,583 - 2,094
living costs house icon
Rent per Month
(1 bedroom Outside of Centre)
A$ 1,207 - 1,596
living costs transportation icon
Transportation
(Daily)
A$ 7 - 9
living costs utilities icon
Utilities per Month
(Electricity, Mobile & Internet)
A$ 240 - 318

Average Salary***


Salary Chart
*Source: QS World University Subjects Rankings (2026)
**Source: numbeo.com
***Source: PayScale.com (2026)

Costs

tick icon International:

A$41,000 per year

Contact us for more details

Information

tick icon Duration

2 years

tick icon Upcoming Intakes

February, July

campus icon Campuses

Caulfield

tick icon Course Code

B6023

hotline icon Hotline

+61 3 9663 5333

email icon Email

australia@augstudy.com

Scholarships

tick iconINFORMATION TECHNOLOGY INDUSTRY-BASED LEARNING PLACEMENT SCHOLARSHIPS

A$18,000

tick iconPHARMACY INTERNATIONAL UNDERGRADUATE MERIT SCHOLARSHIP

Up to A$100,000

tick iconMONASH INTERNATIONAL SCHOLARSHIP FOR EXCELLENCE

Up to A$40,000

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