Monash University, Caulfield

Master in Commerce

Australia 2 years Taught in English Open to international students

Why students choose this program

  • Taught in English
  • Tuition 10% below the typical master's
  • Applications currently open

About Master in Commerce

Applications for the Feb 2027 intake are open until Sep 1, 2026. Tuition comes to 26,586 USD 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.

This program's tuition is 10% below the typical master's in Australia.

Median tuition for that cohort is 29,271 USD, across 2,750 programs on Global Admissions.

Compare Australia master's programs

English Test Requirement

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

Duolingo

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85–95

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TOEFL iBT
46–59
PTE Academic
42–49
CEFR level
B1/B2
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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: USD 26,585.59 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 2026-09-01.
Is Master in Commerce available online?
This is an on-campus program at Monash University, Caulfield.

Similar Programs You Can Apply To

Direct application via Global Admissions is not available for this program. Browse similar partner programs below or visit the university's site to apply directly.

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