Master of Commerce

Master of Commerce (MCom or M Comm; sometimes Magister Commercii) is a postgraduate Masters Degree focusing on commerce-, accounting-, management- and economics-related subjects. Like the undergraduate Bachelor of Commerce, the degree is offered in Commonwealths nations.

The Master of Commerce typically requires two years of full-time study. The curriculum is usually concentrated on one subject area — such as accounting, actuarial science, business management, corporate governance, human resource management, economics, statistics, finance, marketing or supply chain management — and emphasizes underlying theory. Relatedly, programs usually include a thesis component, and may be exclusively research based.

Given this structure, the MCom 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; see also Master of Business. 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.

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