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Bachelor

Bachelor of Commerce

  • CRICOS Code: 002143B
  • VTAC Code: 3800538101
  • International VTAC Code: 3800538103

Where will this take me?

Overview

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

If you’re a high achieving Commerce applicant and are confident in your study plan, you can secure a pathway straight from Secondary School into Bachelor of Commerce / Master of Engineering or Bachelor of Commerce / Juris Doctor with a Graduate Degree Package by applying via VTAC. If you don’t receive the required ATAR for a Graduate Degree Package, as a University of Melbourne student, you’ll still be able to access a huge number of graduate study pathway options.

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

Graduate pathways

Once you've completed your undergraduate degree, you can go on to gain employment or begin a graduate degree and work towards a professional qualification such as law, engineering or medicine. Or you could join our graduate research community and contribute to our world-changing research.

Your graduate degree will be internationally recognised, and set you apart from those who study a traditional Australian single or double degree.

Explore the graduate pathways available once you complete your undergraduate degree here.