Master of Commerce

  • CRICOS code: 006654B

The experience


Studying with MBS: On campus or wherever you are, we’ve got you covered

MBS will offer subjects in either dual-delivery or online only mode.

For students who are in Melbourne and able to attend campus, we’re excited to confirm that many subjects will be delivered using a blend of on-campus activities and online activities (dual-delivery).

For students who are unable to attend campus, please rest assured all MBS subjects offered will be delivered online. Further details are available in the Handbook.

Our Virtual Campus Community, including all of our University Services for students, are still running online. We are providing many ways to stay positive and connected online including working out with MU Sport, and ways to enhance your academic skills and appointments for counselling and wellbeing.

At MBS, we offer a comprehensive program to support your learning, develop your skills and enrich your degree. We encourage you to be involved both on and off campus, and to make the most of your time outside the classroom.

The Centre for Actuarial Studies is a world-renowned research unit with leading researchers in actuarial studies and financial mathematics. It is fully accredited by the Actuaries Institute and has been designated a Centre of Actuarial Excellence by the US Society of Actuaries.

Expert supervisors

Members of the Centre undertake research in insurance, superannuation, financial mathematics and related areas. Our actuarial programs are firmly established and conducted by academics respected in their fields.

Actuarial Studies is a discipline well-known for its quantitative aspects and mathematical rigour. Actuaries assess, evaluate and manage the financial risks faced by individuals, organisations and governments for future planning.

Areas of expertise for supervision include:

  • Risk theory
  • Investment models
  • Survival analysis
  • Financial mathematics
  • Derivative pricing
  • Applied probability

For more information including a list of academic staff in the Centre, please visit the Centre for Actuarial Studies website.

An engaged cohort

Our programs prepare you for a research career in business and economics. You’ll join the best and brightest students from diverse backgrounds across Australia and the world and become part of a community that is committed to changing lives through the creation, application and dissemination of business and economics knowledge.

Students have access to study abroad and exchange opportunities at Melbourne’s wide range of institutional partners, resulting in an enriched graduate research experience with the option to take on academics from top institutions as external supervisors on their research after confirmation of candidature.

Our graduate research programs have a strong culture of collaboration and interdisciplinarity. Students work closely with other members of the Faculty to produce scholarly contributions for top journals in their discipline. Students also come together in the FBE PhD Student Society, the graduate research student association that provides peer support and community.

Outstanding support

Research training is a core activity of the University. Our comprehensive support will help you become a more effective researcher. We offer access to dedicated research centres, advanced research facilities, generous scholarships, unique professional development and established student support networks.

Melbourne city life

Located on the city side of the University’s Parkville campus, we are just a short walk to the CBD, the famous Queen Victoria Market, and a host of cafes, restaurants, shops, theatres, galleries and bars.


Shuanming Li

Associate Professor Shuanming Li is the Director of the Centre for Actuarial Studies. His research focuses on risk theory, stochastic modelling in insurance and Finance, reinsurance, and applied Probability. He has published widely in top actuarial journals such as ASTIN Bulletin, Insurance: Mathematics and Economics, and Scandinavian Actuarial Journal. The PhD graduates he supervised are mainly working as academia at Universities in Australia, Singapore and China.