Master of Commerce

Master of Commerce (MCom or MComm; sometimes Magister Commercii) is a postgraduate Masters Degree focusing on commerce-, management- and economics-related subjects. Like the undergraduate Bachelor of Commerce, the degree is offered in Commonwealth nations. Structure The Master of Commerce typically requires one year of full-time study. The curriculum is usually concentrated on one subject area — such as accounting, economics, statistics, finance or marketing — and emphasises underlying theory. Relatedly, programs usually include a thesis component, or may even be exclusively research based. Given this structure, the MComm differs from other business and management degrees: Its concentration on one area distinguishes it from generalist degrees, such as the MBA; Some universities offer the MCom in general management, although this is more similar to the Master of Management than to the MBA. As compared to specialised Professional degrees - such as the Master of Science in Finance or Master of Accounting - the MCom places more emphasis on theory, although sometimes less on practice; generally, though, there is a close correspondence between these degrees and the related MCom; see also Master of Science in Management. Admission is usually on the basis of an existing Bachelor's, or similar compatible, degree, generally the Bachelor of Commerce; 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 programs admit students from non-business backgrounds such as liberal arts, engineering, or the sciences - these programs usually require that students complete a bridging course.

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