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    Monash University, Caulfield

    Master in Commerce

    Australia2 yearsTaught in EnglishOpen to international students

    Why students choose this program

    • Taught in English
    • Tuition 15% below the typical master's
    • Scholarships available for international students
    • Applications currently open

    About Master in Commerce

    Applications for the Feb 2028 intake are open until Sep 1, 2027. Tuition comes to 37,100 AUD per year.

    The Master in Commerce at Monash University is a research-focused degree for students who want to pursue an academic career. This master's degree is taught in English and takes one year to complete. It's a pathway to the PhD program in finance and provides students with individual guidance and academic counselling.

    The curriculum involves research methodology training and independent research projects in banking and finance. Students work closely with a supervisor and develop their research skills. The course is suitable for students who intend to pursue a career in academia or research.

    Graduates can pursue careers as financial analysts, research assistants, finance lecturers, or policy analysts. They can work in industries like banking, finance, or education, and can be employed by organizations like the Reserve Bank, universities, or financial institutions.

    About Monash University, Caulfield

    Monash University, Caulfield, is a dynamic institution in Australia, founded in 1922. You'll find many advantages to studying here, including a strong focus on practical learning experiences, industry-focused education, and a supportive learning environment. This combination equips you with the skills and knowledge to excel in your chosen career, setting Monash University apart from other institutions.

    The university focuses on specific fields such as arts, business, engineering, and design, with 98 programs available. For instance, you can explore different departments and research areas within these fields. English is the primary language of instruction, helping you improve your language skills while studying your chosen subject.

    As a student, you'll be based on the Caulfield campus, which offers modern facilities and a unique learning environment. You'll have access to many activities and resources, including those available in the surrounding city. Specifically, the campus is located in a hub of activity, providing you with opportunities to engage with the local community and apply your skills in real-world settings.

    Planning the visa? Australia student visa: cost, requirements and processing time (from $2,250 all-in)

    This program's tuition is 15% below the typical master's in Australia.

    The median annual fee for that cohort is30,047 USD per year, a comparison figure across 2,396 programs billed per year on Global Admissions.

    Compare Australia master's programs

    Scholarships You Could Apply For at Monash University, Caulfield

    Funding relevant to this program — the university's own awards and popular scholarships for studying in Australia.

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    Australia·University

    University of Melbourne Graduate Research Scholarships 2027

    University of Melbourne, funded through the Australian Government Research Training Program (RTP) and university resources

    Full tuition waiver, A$39,500 a year, a relocation grant and student health cover.

    Master'sPhD
    Open·Next: Usually closes in October
    Browse all scholarships →

    English Test Requirement

    This program asks forIELTS 5.5-6.0. Here's what that's worth on the other tests universities accept, based on the official concordance tables:

    Duolingo

    English Test · fastest & cheapest

    85–95

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    TOEFL iBT
    46–59
    PTE Academic
    42–49
    CEFR level
    B1/B2
    Convert your own score

    Equivalences are approximate — confirm the exact test and score the program accepts.

    Master in Commerce: Frequently Asked Questions

    What are the fees for Master in Commerce?
    Tuition: AUD 37,100 per year. Application fee: USD 105.
    What are the entry requirements for Master in Commerce?
    Entry requirements include: Education: Bachelor's Degree; Academic performance: Grade B-A (60-70%, GPA 2.5-3); English: IELTS 5.5-6.0; Minimum age: 18.
    How long is the Master in Commerce program?
    The program duration is 2 year.
    What is the application deadline?
    The application deadline is 2027-09-01.
    Is Master in Commerce available online?
    This is an on-campus program at Monash University, Caulfield.

    Related Programs You Can Apply To

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