Master of Commerce
Students must pass and achieve a grade average of 70% across the first 48 units attempted to progress to the second year of the program or to any other 2 Year Masters program in the Faculty. Students who fail to achieve this requirement will be transferred to the Master of Business program.
Candidates must complete 96 units, consisting of 12 units of core courses, at least 30 comprising either advanced electives or a project or research report, but at least 6 units must comprise a project or research report. Candidates may study a maximum of 24 units of introductory courses.
Candidates who intend to apply for enrolment in a PhD are strongly advised to complete a research report (sub-thesis) of 24 units equivalent.
In the first year of candidature, students normally study introductory courses, basic electives and one or two core courses. Advanced electives, a project or research report and the remaining core courses are normally studied in the second year of candidature.
The program may combine intensive mode and semester length courses. Most 6 unit courses are taught in semester length mode.
Introductory Courses (maximum of 24 units)
Introductory courses cover basic business skills. Students who have not previously studied in business-related areas will normally need to study introductory courses to satisfy pre-requisites for elective subjects. Students who satisfy the pre-requisites for the elective studies of their choice are not required to enrol in any introductory level courses.
BUSI7019 The Global Business Environment
BUSN7008 Financial Statements and Reporting
ECON8069 Business Economics
FINM7006 Foundations of Finance
INFS7040 Electronic Commerce for Managers
MGMT7022 Strategic Management
MGMT7030 Management and Organisations
MKTG7001 Marketing
MKTG7050 Consumer Behaviour and Analysis
STAT6006 Marketing Research Methods
STAT6046 Financial Mathematics
STAT7055 Financial Statistics
Core Courses (6 units)
Candidates must complete a minimum of 6 units from:
- BUSN8013 Seminar in Research Method
- BUSN8018 Qualitative Research Methods
- STAT8010 Managing the Research Process
Projects and research reports (minimum 6 units):
Candidates must complete one of:
BUSN8801 Commerce Research Report [A]
OR
BUSN8802 Masters Research Project [A]
OR
BUSN8803 Masters Subthesis [R]
OR
BUSN8804 Masters Subthesis [R]
[A] Recommended for candidates more interested in applied studies.
[R] Recommended for candidates more interested in research training. Candidates contemplating a subthesis are advised to enrol in BUSN8013 or STAT8010 in their first year of candidature.
Candidates who intend to apply for enrolment in a PhD are strongly advised to complete a research report (sub-thesis) of 24 units equivalent.
Students should consult the Master of Commerce Program Coordinator for selection of these courses.
Elective Subjects (minimum of 30 units at Advanced Elective Level cumulative with project or research report)
Electives courses studied within the program are classified as either basic electives or advanced electives. Students must complete a minimum of 30 units comprised of advanced elective courses cumulative with project or research report. While there is no required number of basic electives which must be completed within the program, most advanced elective courses require prior completion of related basic electives. Basic electives are normally studied in the first year of candidature. Advanced electives are normally studied in the second year of candidature.
Students who wish to specialise may choose a sequence of advanced elective courses from within the advanced disciplinary specialisations listed below. The courses listed under the advanced specialisations below are advanced electives.
A list of basic and advanced electives follows the specialisations below.
Accounting and Auditing Specialisation (Year 1):
Any four of:
- BUSN7005 Contemporary Issues in Accounting
- BUSN7006 Public Sector Accounting and Reporting
- BUSN7049 Corporate Financial Reporting
- BUSN7031 Management Accounting & Cost Analysis
- BUSN7050 Corporate Accounting
- BUSN7054 Auditing and Assurance Services
- INFS7004 Accounting Information System
Advanced Accounting & Auditing Specialisation (Year 2):
Any four of:
- BUSN8003 Advanced Managerial Decision Making
- BUSN8007 Analysis of Financial Reporting
- BUSN8012 Auditing Concepts & Issues
- BUSN8056 Advanced Auditing and Assurance Services
Finance Specialisation (Year 1)
A candidate who has not previously completed a course in introductory statistics should complete STAT7055 Financial Statistics before enrolling in any of these three courses. Students must obtain an average mark of 70% to undertake the Advanced Finance Specialisation.
Advanced Finance Specialisation (Year 2):
- FINM8004 Advanced Corporate Finance
- FINM8006 Advanced Investments
- FINM8009 Derivatives: Markets, Valuation and Risk Management
- FINM8015 Valuation, Strategy and Structure
Corporate Responsibility Specialisation (Year 1):
- BUSN7017 Sustainability & Corporate Responsibility, Accountability & Reporting
- BUSN7045 Corporate Governance
- ECON8040 Resource and Environmental Economics
- MGMT7007 Managing for Sustainability
- MGMT7042 Managing Business Ethically OR PAAE8006 Business Ethics
Note: to take this specialisation students should have a background in Accounting, Finance or Information Systems in order to allow them to undertake an advanced specialisation in one of these areas in their second year. Alternatively, they may be required to undertake 24 units research project in their second year.
Information Systems Specialisation (Year 1):
- INFS7003 Databases and Information Systems
- INFS7006 Information Systems & Communication Technologies
- INFS7007 Information Systems Analysis and Modelling
- And any one of:
Advanced Information Systems Specialisation (Year 2):
- 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
- BUSN8062 Managing Major Projects
List of Advanced Electives:
Regardless of whether students choose a specialisation, a minimum of 24 units must comprise courses listed below:
Research School of Accounting and Business Information Systems
BUSN8003 Advanced Managerial Decision Making
BUSN8007 Analysis of Financial Reporting
BUSN8010 Special Topics in Commerce
BUSN8012 Auditing Concepts & Issues
BUSN8016 Taxation Concepts & Issues
BUSN8018 Qualitative Research Methods
BUSN8145 Corporate Governance
BUSN8056 Advanced Auditing & Assurance Services
BUSN8062 Managing Major Projects
BUSN8101 Special Topics in Commerce
BUSN8102 Special Topics in Commerce
BUSN8103 Special Topics in Commerce
BUSN8110 Foundations of Management Accounting Research
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
School of Economics
EMET6007 Econometrics I: Econometric Methods
EMET6008 Econometrics II: Econometric Modelling
EMET8005 Economic Models and Introductory Econometrics
EMET8012 Business and Economic Forecasting
ECON8040 Resource and Enviromental Economics
Research School of Finance and Applied Statistics
FINM7003 Continuous Time Finance
FINM8015 Valuation, Strategy and Structure
FINM8004 Advanced Corporate Finance
FINM8006 Advanced Investments
FINM8009 Derivative Instruments and Markets
FINM8010 Finance Theory
FINM8011 Finance Empirical
STAT8020 Multivariate Analysis
Complete List of Electives:
There is no formal requirement to complete a minimum number of units from this list. Candidates may select any of the following courses subject to course offerings and satisfaction of prerequisites:
Research School of Accounting and Business Information 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
BUSN7049 Corporate Financial Reporting
BUSN7050 Corporate Accounting
BUSN7052 Commercial Law
BUSN7054 Auditing and Assurance Services
BUSN7057 Business Associations Law
BUSN8003 Advanced Managerial Decision Making
BUSN8007 Analysis of Financial Reporting
BUSN8010 Special Topics in Commerce
BUSN8012 Auditing Concepts & Issues
BUSN8016 Taxation Concepts & Issues
BUSN8045 Corporate Governance
BUSN8056 Advanced Auditing & Assurance Services
BUSN8062 Managing Major Projects
BUSN8101 Special Topics in Commerce
BUSN8102 Special Topics in Commerce
BUSN8103 Special Topics in Commerce
INFS7002 E-Business Systems
INFS7003 Databases and Information Systems
INFS7004 Accounting Information Systems
INFS7006 Information Systems & Communication Technologies
INFS7007 Information Systems Analysis and Modelling
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
School of Economics
ECON8040 Resource and Environmental Economics
Research School of Finance and Applied Statistics
FINM7003 Continuous Time Finance
FINM7007 Applied Corporate Finance
FINM7008 Applied Investments
FINM8015 Valuation, Strategy and Structure
FINM7010 Financial Management Applications
FINM7021 Funds Management
FINM7024 International Finance Concepts
FINM7031 Special Topics in Financial Management: Strategic Management
FINM7034 Taxation and Financial Systems
FINM7039 Financial Management Systems
FINM7040 Venture Capital and Private Equity
FINM7041 Applied Derivatives
FINM7042 Applied International Financial Management
FINM8004 Advanced Corporate Finance
FINM8006 Advanced Investments
FINM8007 International Finance
FINM8009 Derivatives: Markets, Valuation and Risk Management
FINM8010 Finance Theory
FINM8011 Finance Empirical
STAT6028 Managerial Decision Analysis
STAT6038 Regression Modelling
STAT7001 Applied Statistics
STAT7007 Advanced Marketing Research Methods
STAT7026 Graphical Data Analysis
STAT7029 Design of Experiments and Surveys
STAT7055 Financial Statistics
STAT8020 Multivariate Analysis
Research School of Management
BUSI7001 International Logistics Management
BUSI7020 The European Business System
BUSI7033 International Management
BUSI7055 Asian Business Systems
MGMT7001 Essential Business Skills
MGMT7006 Effective Business Decision Making
MGMT7007 Management for Sustainability
MGMT7022 Strategic Management
MGMT7029 Managing Change in Organisations
MGMT7042 Managing Business Ethically
MGMT7048 Entrepreneurship and Innovation
MGMT7061 Leading High Performance Teams
MGMT7065 International Perspectives on Human Resource Management
MGMT7169 A Management Framework for Business Projects
MGMT7170 Tools and Techniques for Business Project Management
MGMT7171 Strategic Human Resource Management
MGMT8001 Managing Process Innovation
MGMT8006 Management Research Methods
MKTG7001 Marketing
MKTG7003 Marketing for Financial Services
MKTG7023 Services Marketing
MKTG7024 Government Marketing
MKTG7027 Marketing Strategy
MKTG7028 Marketing Communications
MKTG7035 Global Marketing
MKTG7037 Electronic Marketing
MKTG7058 Applied Market Research
Working Rules
Working Rules for this program are available here
The information published on the Study at ANU 2012 website applies to the 2012 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2011 website.
