Postgraduate master's degree focusing on commerce, accounts and economics-related subjects
Master of Commerce
(
MCom
,
M Com
or
MComm
), sometimes
Magister
Commercii
as (
MagComm
or Mag. comm.); or
Master of Science
in Commerce
(
MS-Comm
,
MS-Com
,
MS-MComm
, or
MS-MCom
) 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]
it is also offered in
Spain
[2]
and some states in
Latin America
.
[3]
It is also offered by some universities in the
United States
where it is much more related to the
Master of Management
and
Master of Science in Management
.
[4]
Structure
[
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]
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
[
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]
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
[12]
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
[
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]
References
[
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]