Gain the knowledge and nous to take on both small and big business – whether they be global conglomerates or not-for-profits. Melbourne Commerce graduates are known for their solid understanding of business issues and processes, problem-solving and leadership skills. They are highly sought-after by employers and the Bachelor of Commerce will prepare you for subsequent graduate studies, as well as to achieve success in your professional career.

Professional accreditation

The Bachelor of Commerce, together with other specified membership requirements, satisfies the accreditation requirements of Australian professional associations. Australian professional bodies have links with equivalent bodies throughout the world, so your credentials are portable and recognised internationally.

Imagine studying Commerce, majoring in Economics, and getting experience as a journalism intern for The Economist, all before starting your career as an econometrician – someone who builds, simulates and tweaks macroeconomic models – for the Australian Treasury and the Reserve Bank of Australia. You then move to San Francisco to start your own tech service company that uses data science and analytics to solve problems in industries like pharmaceuticals, financial services and energy – a company so successful it is eventually acquired by Google. This was the experience of Anthony Goldbloom, a Bachelor of Commerce (Economics) graduate 2006, founder and CEO of Kaggle.com.

Accounting

The Accounting major meets the accreditation requirements of the following professional bodies:

Melbourne Commerce graduates are eligible to apply for associate membership of these associations. To practise as a professional accountant in Australia, graduates must first become a member of one of these professional accounting bodies. Each body has individual requirements to obtain full membership.

Actuarial Studies

Completing the Actuarial Studies major leads you towards a qualification as a professional actuary. Actuarial accreditation is granted by the Actuaries Institute, the sole professional body for actuaries in Australia.

Melbourne is one of only six institutions in Australia that has full accreditation from the Actuaries Institute.

To qualify as an actuary in Australia, you must pass (or be exempt from) all three parts of the professional accreditation process prescribed by the Actuaries Institute. Parts I and II can be undertaken as part of your Bachelor of Commerce (Honours) degree or through the Master of Commerce (Actuarial Science). The Actuaries Institute administers Part III.

The Faculty of Business and Economics is designated as a Center of Actuarial Excellence by the US Society of Actuaries.

Finance

The University of Melbourne is a CFA Affiliated University of the CFA Institute, the world's largest association of investment professionals. The CFA Institute administers the CFA Program and awards the prestigious CFA designation, the best known and most respected investment credential in the world.

An Affiliated University signals to their students and to employers that their curriculum is closely tied to the practice of investment management and is helpful to students preparing for the CFA® Program exams. The Finance major allows students to cover many of the required topics towards their Program Candidate Body of Knowledge.

Graduate study pathways

Graduate Degree Packages

The Bachelor of Commerce gives you a base for a range of professional pathway options in other disciplines at the University, such as pathways to Law and Engineering (including Graduate Degree Packages) as well as Property, Teaching and many others.

Artificial Intelligence (AI) is on the way, now the big questions are what AI will look like, and what it’s role in society will be? But what about the people behind the machine? What does it take to work in an industry run by futurists? Read about our Bachelor of Commerce (BCom) and Master of Engineering (M.Eng) alumnus Dhanuka Nanayakkara to find out more.

Finding a path to the future can be hard. Whether or not you have an end goal in mind, for many students, choosing a degree that gives flexibility to build skills and explore your interests at the same time is key. For Priyanka Banerjee, this choice led her to the Bachelor of Commerce. Now, she’s moved on to study the Melbourne JD (Juris Doctor).

Honours

Honours offers you an opportunity to undertake an additional (fourth) year of specialised study in one of the following disciplines; Accounting, Actuarial Studies, Economics or Finance. You’ll complete a number of advanced level subjects and also undertake a minor thesis or major research report. Learn more

Graduate Research

If you are interested in a pathway to academia or becoming an industry expert in a business discipline you’ll need to undertake further study. Melbourne Business School offers Doctoral Programs (2-year Master of Commerce + 3-year PhD) in Accounting, Economics, Finance and Decision, Risk and Financial Services and a 3-year Doctoral Program in Actuarial Studies. Doctoral Programs for Management and Marketing are currently offered as a 2-year Master of Commerce + 3-year thesis package.

Careers

Melbourne Commerce graduates are known for their solid understanding of business issues and processes, their resourcefulness, and their problem-solving and leadership skills. They are highly sought after in a wide variety of professions in the public and private sectors, ranging from investment banking and accounting through to management consultancy and marketing.

Have you considered these careers?

Account executive	Chief financial officer	Market analyst
Accountant	Chief marketing officer	Market research consultant
Actuary	Consultant	Manager
Banker	Creative director	Operations manager
Brand manager	Customer experience expert	Researcher
Business adviser	Customer insights analyst	Social media manager
Business analyst	Economist	Supply chain manager
Business development manager	Financial controller	Treasurer
Chief executive officer	Financial planner

Many of our students secure their desired position soon after completing their course – or even while they are still studying. Some of our recent graduates are now working at:

Accenture	Goldman Sachs	Morgan Stanley
AMP Limited	IBM	Parliament of Victoria
ANZ, Commonwealth Bank, NAB and Westpac	KPMG	Pitcher Partners
BHP Billiton	Kraft Foods	PwC
Citigroup	Lazard	Singapore Airlines
Country Road	Lion	Telstra
Deloitte	Macquarie Group	Unilever
EY	Moore Stephens

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