single degree

Master of Commerce

A single two year graduate degree offered by the ANU College of Business and Economics

  • Length 2 year full-time
  • Minimum 96 Units
First year student? There’s more information about enrolling in your degree.
  • Length 2 year full-time
  • Minimum 96 Units
First year student? There’s more information about enrolling in your degree.

The Master of Commerce program offers a pathway to PhD study. Students with little background in commerce can still reach an advanced level of academic study. The program provides an advanced and in-depth level of study in one or more business or commerce disciplines, such as accounting, finance or business information systems.

The program is taught by research active academic staff. Students are exposed to professional and scholarly academic research in commerce, enhancing their academic competence. Students are also able to acquire research skills in commerce and to undertake independent research.

Career Options

Graduates from ANU have been rated as Australia's most employable graduates and among the most sought after by employers worldwide.

The latest Global Employability University Ranking, published by the Times Higher Education, rated ANU as Australia's top university for getting a job for the fourth year in a row.

Employment Opportunities

Graduates of the Master of Commerce are eligible to apply for entry to Doctor of Philosophy (Commerce) program.

Graduates of the Master of Commerce also develop high-level technical, analytical and communication skills which are in high demand in all industries.

For more information on careers see the ANU Careers Centre link on the Useful Links Page.

Learning Outcomes

Upon successful completion, students will have the skills and knowledge to:

  1. Exercise independent judgement to evaluate business problems in complex contexts using social, ethical, economic, regulatory and global perspectives
  2. Integrate advanced theoretical and technical knowledge in business which includes a selection of issues in accounting, auditing and assurance, finance, economics, quantitative methods, information systems, commercial law, corporation law, taxation law and research methods in business related disciplines
  3. Critically apply theoretical, technical knowledge and research-based skills to evaluate and solve emerging and advanced business problems, and to conduct a research-based project
  4. Justify and communicate ideas in collaborative contexts, including interpretation and communication of theoretical issues to both specialist and non-specialists audience in business related disciplines
  5. Seek and reflect on performance feedback to identify and action learning opportunities and self-improvements and initiate this process for others

Further Information

For Domestic Students applying through UAC: If you have completed an overseas qualification, please send a scanned copy of your original testamur (graduation certificate) and academic transcript through to The scanned documents should be in colour and unaltered in size. Please include your name and UAC number in the email.

Admission Requirements

A Bachelor degree or international equivalent with an average mark of at least 65%.

All applicants must meet the University’s English Language Admission Requirements for Students

Applicants with a Bachelor Degree or Graduate Certificate in a cognate discipline may be eligible for 24 units (one semester) of credit.

Applicants with a Graduate Diploma or Honours in a cognate discipline may be eligible for 48 units (one year) of credit.

Students must pass and achieve a minimum 70% weighted average mark in the first 48 units attempted to remain enrolled in the Master of Commerce.

Cognate disciplines

Accounting; Actuarial studies; Business; Business information systems; Computing science; Economics; Finance; International business; Management; Marketing; Mathematics; Statistics

Annual indicative fee for domestic students

For more information see:

Annual indicative fee for international students


ANU offers a wide range of scholarships to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the Scholarships website.

Program Requirements

The Master of Commerce requires the completion of 96 units, which must consist of:

A maximum of 24 units from completion of courses from the following list:

BUSI7019 The Global Business Environment

BUSN7008 Financial Statements and Reporting

ECON8069 Business Economics

FINM7006 Foundations of Finance

INFS7040 Electronic Commerce for Managers

MGMT7030 Foundations of Management

MKTG7001 Marketing

MKTG7050 Consumer Behaviour and Analysis

STAT6006 Marketing Research Methods

STAT6046 Financial Mathematics

STAT7055 Introductory Statistics for Business and Finance

A maximum of 48 units from completion of courses from the following list:

BUSI7001 International Logistics Management

BUSI7020 The European Business System

BUSI7033 International Management

BUSI7055 Asian Business Systems

BUSN7005 Contemporary Issues in Accounting

BUSN7006 Public Sector Accounting and Reporting

BUSN7017 Sustainability & Corporate Responsibility, Accountability & Reporting

BUSN7021 Taxation Law

BUSN7024 Project Management Principles

BUSN7031 Management Accounting & Cost Analysis

BUSN7036 Analysis of Financial Statements

BUSN7045 Corporate Governance

BUSN7049 Corporate Financial Reporting

BUSN7050 Corporate Accounting

BUSN7052 Commercial Law

BUSN7054 Auditing and Assurance Services

BUSN7057 Business Associations Law

INFS7004 Accounting Information Systems

INFS7007 Information Systems Analysis and Modelling

FINM7007 Applied Corporate Finance

FINM7008 Applied Investments

FINM7041 Applied Derivatives

FINM7044 Applied Valuation

MGMT7001 Business Communication

MGMT 7003 Organisational Behaviour

MGMT7006 Effective Business Decision Making

MGMT7007 Management for Sustainability

MGMT7029 Managing Change in Organisations

MGMT7107 Managing Across Cultures

MGMT7153 Leadership Skills

MGMT7165 Innovation and Commercialisation

MGMT7169 A Management Framework for Business Projects

MGMT7170 Tools and Techniques for Business Project Management

MGMT7171 Strategic Human Resource Management

MGMT8005 Project Risk and Issue Management

MKTG7003 Financial Services Marketing

MKTG7027 Marketing Strategy

MKTG7035 Global Marketing

MKTG7058 Applied Market Research

STAT6038 Regression Modelling

STAT7001 Applied Statistics

STAT7026 Graphical Data Analysis

STAT7029 Design of Experiments and Surveys

A minimum of 48 units from completion of courses from the following three lists:

A minimum of 6 units from completion of research method courses from the following list:

BUSN8013 Seminar in Research Method

BUSN8018 Qualitative Research Method

A minimum of 6 units from completion of a research project from the following list:

BUSN8801 Commerce Research Report

BUSN8802 Masters Research Project

BUSN8803 Masters Subthesis

BUSN8804 Masters Subthesis

A minimum of 18 units from completion of courses from the following list:

BUSN8003 Advanced Managerial Decision Making

BUSN8007 Analysis of Financial Reporting

BUSN8010 Special Topics in Commerce

BUSN8012 Auditing Concepts & Issues

BUSN8016 Taxation Concepts & Issues

BUSN8101 Special Topics in Commerce

BUSN8102 Special Topics in Commerce

BUSN8103 Special Topics in Commerce

BUSN8145 Corporate Governance: Research Preparation

BUSN8056 Advanced Auditing & Assurance Services

BUSN8062 Managing Major Projects

INFS8004 Enterprise Systems & Business Process Management

INFS8005 Information Systems Development Methodologies

INFS8201 Advanced Topics in Information Systems Research

INFS8205 Organisational Knowledge and Strategic Information Systems

ECON8037 Financial Economics

ECON8038 Industrial Organisation

ECON8040 Resource and Environmental Economics

ECON8053 Game Theory

ECON8055 Competition Policy and the Economics of Regulation

EMET6007 Econometrics I: Econometric Methods

EMET6008 Econometrics II: Econometric Modelling

EMET8005 Economic Models and Introductory Econometrics

EMET8012 Business and Economic Forecasting

FINM7003 Continuous Time Finance

FINM8004 Advanced Corporate Finance

FINM8006 Advanced Investments

FINM8007 Topics in International Finance

FINM8009 Derivative Instruments and Markets

FINM8014 Applied Financial Intermediation and Debt Market

FINM8016 Portfolio Construction

FINM8017 Trading and Markets

Students must pass and achieve a minimum 70% weighted average mark in the first 48 units attempted to remain enrolled in the Master of Commerce.

If the total number of units attempted exceeds 48 in the same teaching period in which the 48th unit is attempted, exactly 48 units will be used in the calculation of the weighted average mark with units from the course with the highest mark applied first followed by further units from course in descend

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