Master of Commerce explained

The Master of Commerce (MCom, M Com or MComm) - sometimes Magister Commercii (MagComm or Mag. comm.) - is a postgraduate master's degree focusing on commerce-, accounting-, business administration-, management- and economics-related subjects. Like the undergraduate Bachelor of Commerce, the degree is mainly offered in Commonwealth nations.[1] The degree is also offered in Spain[2] and in several Latin American states.[3] Some universities in the United States [4] offer Masters "in Commerce" although these are closer related to the Master of Management / Master of Science in Management;variants here are the Master of Science in Commerce (MS-Comm, MS-Com, MS-MComm, or MS-MCom).

Structure

The Master of Commerce typically requires one or two years of full-time study. The curriculum is generally concentrated on one subject area, see aside, and emphasizes underlying theory. Relatedly, programs usually include a thesis component,[5] and may be exclusively research based.[6] [7] [8]

Given this structure, the MCom differs from other business and management degrees:

Admission to the MCom usually requires completion of a Bachelor of Commerce, or similar compatible degree; often, an Honours degree will be required. Depending on the degree focus, a related undergraduate major and / or a fairly strong quantitative background may also be a prerequisite. Some MCom programs admit students from science or engineering backgrounds - these programs usually require that students complete a bridging course,[11] or undertake an extended program.[12]

Post graduation

Based on specialisation, MCom graduates are typically employed in fields related to their degree foci, such as international commerce, financial services, marketing and project management; graduates also often work in general management and business consulting

Programs are sometimes structured such that graduates are eligible for membership of various professional bodies or institutes.[12] [13] [14] [15] In some cases, the institutional qualification program itself may, in fact, be offered as an MCom degree (e.g. the Australian Institute of Public Accountants formerly offered its IPA program as an MCom in Public Accounting[16] prior to July, 2017.)

The MCom includes a research component and thus provides access to a doctorate; progressing from the MCom, a student can pursue a Doctor of Commerce (DCom), Doctor of Business Administration (DBA), or a Doctor of Philosophy (Ph.D.) degree program.

See also

Notes and References

  1. Web site: MCom . University of Queensland.
  2. Web site: MCom . Universidad Europea de Madrid.
  3. Web site: MCom . Universidad Tecnológica de México.
  4. Web site: University of Virginia McIntire — M.S. in Commerce McIntire School of Commerce - UVA . 2024-01-29 . University of Virginia McIntire School of Commerce . en.
  5. Web site: Masters & PhD | Postgrad programmes | SEBS | Commerce Law and Management | Faculties & Schools - Wits University . www.wits.ac.za . 14 January 2022 . https://web.archive.org/web/20120125035948/http://www.wits.ac.za/academic/clm/sebs/newsebswebsite/postgraduateprogrammes/14707/masters_amp%3B_phd.html . 25 January 2012 . dead.
  6. Web site: University College Cork(UCC): Study at UCC: Postgraduate Students : What are my Research Options? Masters by Research . www.ucc.ie . 14 January 2022 . https://web.archive.org/web/20100124080827/http://www.ucc.ie/en/study/postgrad/research/masters/ . 24 January 2010 . dead.
  7. Web site: Archived copy . www.unisa.ac.za . 14 January 2022 . https://web.archive.org/web/20131212232222/http://www.unisa.ac.za/Default.asp?Cmd=ViewContent&ContentID=26738 . 12 December 2013 . dead.
  8. Web site: Master of Commerce . Macquarie University. 10 February 2015 .
  9. Web site: Archived copy . www.uj.ac.za . 14 January 2022 . https://web.archive.org/web/20150124141612/http://www.uj.ac.za/EN/Faculties/management/departments/bit/coursesandprogrammes/Postgraduate/Documents/MCOM%20BROCHURE%20AND%20APPLICATION%20FORM.pdf . 24 January 2015 . dead.
  10. Web site: Financial Mail - How rules will change . secure.financialmail.co.za . 14 January 2022 . https://web.archive.org/web/20090924015943/http://secure.financialmail.co.za/09/0918/cover/coverstory.htm . 24 September 2009 . dead.
  11. Web site: MCom Business Management . www.uj.ac.za . 14 January 2022 . https://web.archive.org/web/20110509063150/http://www.uj.ac.za/EN/Faculties/management/departments/infoman/coursesandprogrammes/Postgraduate/Pages/MComBusManIKM.aspx . 9 May 2011 . dead.
  12. Web site: Master of Commerce . The University of Queensland.
  13. Web site: Masters In Financial Markets . Rhodes University. 25 May 2017 .
  14. Web site: Information Systems . The University of New South Wales . dead . https://web.archive.org/web/20110411063223/http://www.handbook.unsw.edu.au/postgraduate/plans/2011/INFSAS8404.html . 2011-04-11 .
  15. http://www.handbook.unsw.edu.au/postgraduate/plans/2018/FINSCS8404.html MComm (Finance Specialisation)- UNSW
  16. Web site: Master of Commerce (Public Accounting) . The University of New England.

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