Changes to our Master of Commerce programs from 2023 

Full details about the new curriculum will be available in the 2023 Handbook (release date: 27 August 2022). In the interim, program and specialisation structures can be found in the program structure document below.

Key updates to the program are:

MyMCom
This will be an online, interactive portfolio for all MCom students. It will demonstrate students' knowledge, skills, capabilities and achievements to enhance employability upon graduation.   

Updated program structure 
Our new program structure will allow students to take two specialisations in the Master of Commerce, or one specialisation and a wide range of electives. This will mean students can tailor their degree to match their career aspirations. Meanwhile, the Master of Commerce (Extension) will still include two specialisations, with the opportunity to undertake further specialisation electives and/or UNSW electives to deepen and broaden knowledge and experience. 

The Master of Commerce and Master of Commerce (Extension) will continue to offer students the ability to undertake industry experiences alongside their studies through Career Accelerator, and to undertake a capstone course at the end of the degree.

Students will be able to tailor their program to their specific needs. They can choose a broadening option (two specialisations in the MCom) or a deepening option (one specialisation plus cognate electives in the MCom; or two specialisations plus cognate electives in the MCom Extension). Choose from our list of specialisations below:

• Accounting
• Business Analytics
• Cybersecurity, Risk and Privacy
• Digital Transformation
• Economics and Finance 
• Finance
• Financial Technology
• Global Sustainability and Social Impact
• Human Resource Management
• International Business
• Marketing
• Marketing Analytics
• Risk Management
• Strategy & Innovation

The following 2022 Master of Commerce specialisations are being renewed in 2023: 

• Business Strategy
• Innovation & Entrepreneurship
• Management Accounting

Note: If you are a current student studying these, you will continue to follow your current structure up to graduation. Future students (2023 and beyond) can choose specialisations in their application to the program. 

In the 2023 MCom programs, Management Accounting, including CIMA accreditation, will be delivered under the renewed Accounting specialisation. Students seeking CIMA accreditation should follow the Accounting – CIMA recommended study plan. After reviewing specialisation content and seeking feedback from industry, UNSW Business School has combined the existing Business Strategy and Innovation & Entrepreneurship specialisations to create an exciting new specialisation: Strategy and Innovation.  

It is important to note that accreditation details have not changed.

Accounting
Students seeking CIMA accreditation should follow the Accounting Specialisation and enrol in the CIMA accredited courses.

Human Resource Management
Those studying Human Resource Management will still be eligible for membership of the Australian Human Resource Institute.

Finance
Those studying finance specialisations may apply for a CFA Scholarship at the CFA Institute, and students looking for FASEA accreditation should contact the student centre upon enrolment to ensure they are following the correct FASEA approved financial advising elective path. 

Students may be eligible to receive up to 24 Units of Credit (UOC) - which is four courses - of Recognition of Prior Learning (RPL) for previous undergraduate study in Business and/or study in areas such as data/statistics and Python coding. For more information, see our RPL guide below. 

Students who commence their studies in Term 3, 2022 and complete more than 18 UOC from the pre-2023 MCom or MCom (Ext), should continue to follow the structure for those programs up to graduation.

If a student is requesting 24 UOC as RPL into the 2022 MCom or MCom (Ext) degrees, they should continue to follow their current structure up to graduation.

The global business environment is changing, and companies are innovating rapidly. Updating our Master of Commerce will ensure that UNSW Business School continues to deliver a world class, market leading degree that prepares graduates with skills, experience and confidence to go after, and achieve their career goals. Changes to the program have been informed by extensive research and consultation with students, alumni and employers. 

Key updates to the 2023 MCom programs are:

MyMCom

A portfolio to demonstrate students' knowledge, skills, capabilities and achievements to enhance employability upon graduation. 

Tailored program

Students can tailor their program to their specific goals by either choosing:

• a broadening option (two specialisations), or
• a deepening option (one specialisation plus cognate electives in the Master of Commerce, and two specialisations plus cognate electives in the Master of Commerce Extension).

They can also tailor their studies around their previous experience or qualifications. 

Students can enrol in the new programs from Term 1 2023. The programs have intakes in Term 1 (February), Term 2 (June) and Term 3 (September). Applications are now open via UNSW's Apply Online portal.

The new structure applies to students who start their degree from 2023. Only current students who commence their studies in Term 3, 2022 will have the option to transition into the new structure. For current students, we recommend that they continue with their current curriculum. Otherwise, they might have to take additional courses which can delay graduation. 

Only students who commence their studies in Term 3, 2022 will have the option to transition into the new program. This will depend on how much of the degree the student has already completed and/or how much RPL they have received (we measure this in UOC where one course is 6 UOC). 

If they have completed more than 18 UOC or received 24 UOC or more in RPL in the pre-2023 MCom or MCom (Ext), they should continue to follow their current structure. It's important to note that following the 2023 structure may significantly delay the completion date.

Please contact The Nucleus Student Hub for further advice on your program and progression. For more information on transitional RPL, view our MCom transitional RPL guide below. 

No, changing curriculums is a complex process and may significantly delay the completion of the program. Once a student decides to follow the 2023 structure they will have to continue in that plan. 

We have an approved list of course substitutions, which will be valid during the transition year to the new structure. For advice on these courses, please contact the Business School Student Services Team via The Nucleus Student Hub. 

Yes. Students T3 2022-commencing MCom students will have until 31 January 2023 to decide whether to transition. 

Yes. Our exciting new course, Coding for Business can be taken as an elective course in the pre-2023 structure. Students who have started their study in Term 3, 2022 will also have access to the MyMCom platform from Term 1, 2023. 

No, the Graduate Certificate of Commerce will remain the same. For more information on the Graduate Certificate of Commerce, view our Degree Finder.