Commerce has always been one of the most sought-after streams for students after high school, and in today’s global economy, its relevance is greater than ever. If you are an international student seeking a future in finance, business, accounting, or economics, studying in Australia can be your gateway to an international career. With universities that rank among the best in the world, modern facilities, industry partnerships, and globally accepted degrees, Australia offers an excellent environment for commerce education.
In this blog, we will learn about the best commerce courses in Australia, top universities, fees, post-study career, and more.
Importance of Commerce courses in Australia
Australia has positioned itself as a leading hub for higher education and international trade. Commerce is central to this success, as the sector is directly linked to industries such as banking, insurance, financial planning, auditing, and corporate management.
Some important points that highlight the significance of commerce in Australia:
- Global Economy Link: Australia is among the world’s 15 largest economies, and its service sector, including finance, consulting, and trade, is a major contributor.
- High Demand Occupations: Professions such as accounting, auditing, financial advising, and business analytics are consistently listed in Australia’s Skilled Occupation List (SOL), which also creates PR (Permanent Residency) pathways for international graduates.
- Industry-University Integration: Universities in Australia collaborate with leading firms such as Deloitte, PwC, EY, and KPMG. This ensures students not only learn theories but also apply them through internships and work placements.
- Global Recognition: A commerce degree from Australia is recognised worldwide, which means students can pursue careers in the UK, USA, Canada, Singapore, and other countries.
Why Choose Commerce in Australia?
Reasons for Choosing Undergraduate Commerce in Australia:
- Global Recognition: The Bachelor of Commerce in Australia is internationally recognised, and many universities hold accreditations from reputable organisations such as AACSB, EQUIS, and AMBA.
- Hands-On Learning: Our courses are designed in collaboration with industry experts, ensuring students gain real-world exposure through internships, case studies, and group projects.
- Flexibility in Majors: Undergraduate students can choose majors in Accounting, Finance, Marketing, Economics, HR, or double-degree pathways like Commerce + Law.
- Pathways to PR: Many commerce-related occupations (like Accounting, Auditing, and Business Analytics) feature on Australia’s Skilled Occupation List, offering pathways to permanent residency.
- Scholarships: A wide range of scholarships (covered in detail below) helps reduce the financial burden for high-achieving international students.
Ideal For: Students finishing Class 12 who want a solid foundation in business and commerce while keeping multiple career and postgraduate pathways open.
Reasons for Choosing Postgraduate Commerce in Australia:
- Advanced Knowledge & Skills: Postgraduate degrees focus on specialisation and equip students with in-demand expertise (e.g., data analytics, corporate finance, international business).
- Industry Projects & Research: Programs often integrate consultancy projects, applied research, and capstone experiences.
- Global Exposure: Students work with peers from around the world, building strong professional networks.
- MBA Advantage: An Australian MBA offers global case studies, international internships, and career services that can fast-track leadership roles.
- Migration Opportunities: Many postgraduate programs align with Australia’s long-term skills shortage lists, giving graduates better chances of securing work visas and permanent residency.
Ideal For: Graduates and working professionals aiming for senior roles in finance, consulting, analytics, entrepreneurship, or academia.
Types of Commerce Courses in Australia
Australia offers a wide variety of commerce courses at both undergraduate and postgraduate levels. These courses are designed to equip students with a strong theoretical foundation as well as the practical skills needed in today’s competitive global market.
1. Undergraduate Commerce Courses (After 12th)
For students completing high school, Australia offers a range of commerce courses after 12th grade that form the foundation for future careers in business, finance, or management. These are some of the most popular courses in Australia for commerce students at the bachelor’s level:
a) Bachelor of Commerce (BCom)
The Bachelor of Commerce in Australia is the flagship degree in the field. It covers a wide range of subjects, including Accounting, Finance, Business Law, Marketing, Economics, and Management. At the undergraduate level, commerce courses in Australia focus on building a broad base of knowledge while offering specialisations in high-demand fields. These degrees are ideal stepping stones to postgraduate study or direct employment.
- Majors & Specialisations:
- Accounting
- Banking & Finance
- Marketing
- Business Analytics
- Human Resource Management
- Actuarial Studies
- Why Choose: It is one of the best courses for commerce students in Australia because of its flexibility. Students can specialise in one or two majors depending on their career interests.
- Duration: 3 years (sometimes 4 with honours).
b) Bachelor of Business
- Overview: A more applied program that focuses on practical aspects of running and managing businesses.
- Core Areas: Marketing, Human Resources, International Business, Entrepreneurship, and Supply Chain Management.
- Best For: Students who want a career in corporate management, brand building, or entrepreneurship.
- Duration: 3 years.
c) Bachelor of Economics
- Overview: Ideal for students who want to pursue careers in policy making, Government, research, or financial consultancy.
- Subjects Covered: Microeconomics, Macroeconomics, Econometrics, International Trade, and Development Economics.
- Best For: Students with a strong interest in mathematics and analytical reasoning.
- Duration: 3 years.
d) Double Degrees (BCom + Another Field)
- Overview: Some universities offer the chance to combine commerce with another discipline.
- Popular Combinations:
- Commerce + Law (for careers in corporate law, taxation law, business law)
- Commerce + IT (ideal for business analytics, fintech, digital marketing)
- Commerce + Arts (useful for combining business knowledge with social sciences or languages).
- Duration: 4–5 years.
2. Postgraduate Commerce Courses
Postgraduate study in commerce is designed for graduates who want to specialise in advanced areas or move into leadership and strategy roles. These commerce courses in Australia are particularly popular among international students because they provide global exposure, research opportunities, and direct industry connections.
a) Master of Commerce (MCom)
- Overview: The MCom is an advanced program that offers in-depth knowledge of business, finance, and analytics.
- Specialisations:
- Accounting & Auditing
- Corporate Finance
- International Business
- Data & Business Analytics
- Marketing Management
- Best For: Students who want advanced technical knowledge along with managerial skills.
- Duration: 1.5–2 years.
b) MBA (Master of Business Administration) with Commerce Specialisations
- Overview: The MBA is the most sought-after business degree in Australia, with specialisations in areas connected to commerce.
- Popular Specialisations: Finance, International Business, Marketing, Supply Chain, Business Analytics.
- Why Choose: Provides leadership training, global networking opportunities, and direct exposure to case studies, consulting projects, and internships.
- Duration: 1.5–2 years (some executive MBAs may be shorter).
c) Specialised master’s Degrees
These are highly focused programs designed for students seeking specialised expertise in specific fields of commerce.
- Master of Professional Accounting (MPA): Designed for students aiming to become Chartered Accountants (CA) or Certified Practising Accountants (CPA).
- Master of Applied Finance: Focuses on investment banking, corporate finance, and risk management.
- Master of International Business: Prepares students for careers in global trade, cross-border consultancy, and international markets.
- Master of Business Analytics: A growing field where commerce meets data science. It trains students in using big data for business decision-making.
Duration: Usually 1.5–2 years, depending on the program.
Top Universities for Commerce in Australia (Detailed Guide)
Below are seven standout universities that consistently deliver some of the best courses for commerce students in Australia. For each, you’ll find a snapshot, flagship programs (UG/PG), entry hints, fee ranges, accreditations, work-integrated learning (WIL), and who the university suits best.
University of Melbourne (Faculty of Business & Economics + Melbourne Business School)
One of Australia’s highest-ranked institutions (QS World University Rankings 2025: 13). The Business School and Faculty are globally respected.
Flagship Programs:
- Undergraduate: Bachelor of Commerce (BCom) with majors like Accounting, Actuarial Studies, Business, Economics, Finance, Management, and Marketing.
- Postgraduate: Master of Commerce suite; MBA (Melbourne Business School).
Entry Requirements: Competitive academics; mathematics expected for quantitative majors.
Indicative Fees:
- Bachelor of Commerce: Around AUD 55,000 per year.
- MBA: Around AUD 112,500 for the full program.
Accreditations: It holds AACSB and EQUIS accreditations.
Work-Integrated Learning: Commerce Internship subjects allow BCom students to gain credit for industry experience.
Best For: Students targeting elite finance, economics, analytics, consulting, or those seeking a high-signal commerce degree with strong industry links.
The University of Sydney Business School
Unique in Australia for holding the “triple crown” of accreditations (AACSB, AMBA, EQUIS) and being a CEMS member (Global Alliance in Management Education).
Flagship Programs:
- Undergraduate: Bachelor of Commerce, Bachelor of Business.
- Postgraduate: Master of Commerce, Master of Management (CEMS track), MBA.
Entry Requirements: High academic standing; maths recommended for quantitative majors.
Indicative Fees: Undergraduate programs typically range between AUD 50,000 and 55,000 per year.
Accreditations: Triple crown plus CEMS membership.
Work-Integrated Learning: Industry Placement Program with both local and international placements.
Best for: Students seeking a globally portable degree, particularly in international business, consulting, or marketing.
UNSW Sydney (UNSW Business School & AGSM)
They are member of the Group of Eight with a strong employer reputation; UNSW Business School is internationally accredited.
Flagship Programs:
- Undergraduate: Bachelor of Commerce with over 12 majors, including Finance, Business Analytics, Information Systems, and Marketing.
- Postgraduate: Master of Commerce, Master of Professional Accounting, AGSM MBA.
Entry Requirements: Strong academics; maths prerequisites for quantitative majors.
Indicative Fees: Annual tuition is calculated per Unit of Credit (UOC); a full-time year is approximately AUD 50,000.
Accreditations: AACSB and EQUIS.
Work-Integrated Learning: Career Accelerator and Industry Experience Programs combine internships with academic credit.
Best For: Students seeking courses with strong career preparation in analytics, finance, or information systems.
Monash University (Monash Business School)
It is one of the world’s few triple-crown accredited schools (AACSB, EQUIS, AMBA).
Flagship Programs:
- Undergraduate: Bachelor of Commerce, Bachelor of Business, Business Analytics pathways.
- Postgraduate: Master’s in accounting, Finance, Business Analytics, MBA.
Entry Requirements: Strong academics with mathematics for certain majors.
Indicative Fees: Bachelor of Commerce around AUD 52,000 per year.
Accreditations: AACSB, EQUIS, AMBA.
Professional Recognition: Accredited pathways for CPA Australia and Chartered Accountants ANZ.
Best For: Students interested in Business Analytics, Applied Finance, or programs with a strong international presence.
Australian National University (ANU, College of Business & Economics)
It is recognised for its excellence in Economics and public policy, ranking among the world’s top universities.
Flagship Programs:
- Undergraduate: Bachelor of Commerce, Bachelor of Economics.
- Postgraduate: Master of Economics, Master of International & Development Economics, Master of Financial Economics.
Entry Requirements: High academic standing with mathematics expected for economics or finance majors.
Indicative Fees: Undergraduate and postgraduate commerce degrees cost around AUD 56,000 per year.
Accreditations: Recognised by professional accounting bodies such as CPA Australia and CA ANZ.
Best For: Students interested in economics, public policy, or careers with government and international organisations.
Fees Structure for the programs
When considering studying abroad, two questions naturally come up for every student: “How much will it cost?” and “Is it worth the investment?” For commerce students, Australia offers degrees that are globally recognised, rich in industry exposure, and highly rewarding in terms of career outcomes. Let’s break this down for undergraduate and postgraduate levels.
Average Fees for Undergraduate Commerce Courses (Bachelor of Commerce and Related Programs)
- International students can expect tuition fees for a Bachelor of Commerce in Australia or similar undergraduate programs to range between AUD 30,000 and 45,000 per year.
- At elite Group of Eight (Go8) universities such as Melbourne, Sydney, UNSW, Monash, and ANU, the fee is generally higher, often around AUD 50,000+ per year.
- At regional universities and smaller institutions, tuition is closer to AUD 30,000 – 35,000 per year, making it more affordable.
Additional Costs: Students should budget for living expenses as well, typically AUD 25,000 – 30,000 per year (covering accommodation, food, transport, and personal expenses).
Average Fees for Postgraduate Commerce Courses (master’s Degrees and MBA)
- Postgraduate tuition fees for programs such as the Master of Commerce, Master of Professional Accounting, Master of Applied Finance, or an MBA range from AUD 35,000 to AUD 55,000 per year.
- Premium MBAs at institutions like Melbourne Business School or AGSM at UNSW can cost AUD 90,000 – 120,000 total for the program.
- Specialised master’s degrees such as Business Analytics, Economics, or International Business fall in the mid-range (AUD 40,000 – 50,000 per year).
Additional Costs: Postgraduate students should also plan for living expenses, which average around AUD 25,000–35,000 per year, especially in major cities such as Sydney or Melbourne.
Scholarships for Commerce Students in Australia
Australia offers generous scholarship opportunities to attract bright international students. These can cover a portion of tuition or even provide full financial support.
Government Scholarships
- Australia Awards Scholarships
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- Fully funded scholarships by the Australian Government.
- Cover tuition fees, travel expenses, health insurance, and living allowance.
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- Open to students from developing countries, including India.
- Destination Australia Scholarships
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- Designed to encourage international students to study in regional areas of Australia.
- Valued at up to AUD 15,000 per year.
- Helps students save significantly while studying in high-quality universities outside metropolitan hubs.
University-Specific Scholarships
- Melbourne Graduate Scholarship (University of Melbourne)
- Awarded to high-achieving international students enrolling in graduate commerce programs.
- Offers partial tuition fee waivers.
- Sydney Scholars Award (University of Sydney)
- Available for undergraduate and postgraduate students.
- Provides financial support between AUD 6,000 and 10,000 per year.
- Monash International Merit Scholarship (Monash University)
- One of the most competitive scholarships.
- The university offers AUD 10,000 per year towards tuition fees for outstanding students.
- ANU Global Diversity Scholarship (ANU)
- Supports international students applying for undergraduate or postgraduate courses in commerce and related fields.
- Macquarie Vice-Chancellor’s International Scholarship
- Valued up to AUD 10,000 towards tuition fees.
- Awarded to students with strong academic profiles.
Why is Commerce in Australia Worth the Investment?
Studying commerce in Australia may feel expensive, but the long-term benefits outweigh the costs:
- Degrees from top Australian universities are recognised globally, adding immense value to a student’s CV.
- Students gain access to practical training, internships, and industry networks.
- Average salaries for commerce graduates in Australia range from AUD 60,000 to AUD 100,000 per year, depending on the role and experience.
- With scholarship opportunities, PR pathways, and career advancement options, the return on investment is high.
Eligibility & Entrance Exams for Commerce Courses in Australia
To study commerce in Australia, students must meet specific academic requirements and prove English language proficiency. Additionally, some postgraduate programs, especially MBAs, require aptitude tests and work experience. Here’s a comprehensive breakdown:
- Eligibility for Undergraduate Commerce Courses (After 12th)
Academic Requirements
- Completion of Class 12 / Higher Secondary Education with a minimum of 60–70% aggregate marks.
- Applicants from CBSE, ICSE, IB, or state boards are accepted, though requirements may vary by university.
- For highly ranked universities (such as the University of Melbourne, Sydney, and UNSW), students may need to achieve 75–80% or higher in their best four subjects.
Subject Prerequisites
- Mathematics is often a prerequisite for majors like Finance, Accounting, Actuarial Studies, and Economics.
- If you did not study Mathematics in Class 12, some universities may offer bridging courses or foundation programs.
English Language Proficiency
Since commerce courses in Australia are taught in English, international students must provide proof of language ability through one of the following exams:
- IELTS Academic: Overall band 6.0–6.5 (no band below 6.0).
- TOEFL iBT: 70–90 overall.
- PTE Academic: 50–58 overall score.
Other Requirements
- Personal Statement or Statement of Purpose (SOP).
- Letters of Recommendation (sometimes optional at the UG level).
- Passport and valid student visa documents.
- Eligibility for Postgraduate Commerce Courses
Academic Requirements
- A bachelor’s degree in commerce, Business, Economics, or related fields from a recognised university.
- Minimum required marks: 60–65% overall.
- For top universities like Melbourne, Sydney, and UNSW, a 70%+ undergraduate score is preferred.
English Language Proficiency
- IELTS Academic: 6.5–7.0 overall (with no band less than 6.0 or 6.5, depending on the program).
- TOEFL iBT: 85–100 overall.
- PTE Academic: 58–65 overall score.
Aptitude Tests (For MBA and Selected Masters)
- GMAT (Graduate Management Admission Test):
- Required for most MBA programs at top universities.
- A competitive GMAT score is 650+, though the minimum accepted can be lower (550–600).
- GRE (Graduate Record Examination):
- Accepted by some universities as an alternative to the GMAT.
- Competitive scores: 300+ overall.
Work Experience
- For MBA programs, most Australian universities prefer applicants with 2–3 years of professional work experience.
- For specialised master’s programs (MCom, MPA, Finance, Analytics), work experience is not mandatory but can strengthen the application.
Other Documents
- Statement of Purpose (SOP): Explaining academic background, career goals, and why you want to study commerce in Australia.
- Letters of Recommendation (LORs): Usually 2–3 from professors or employers.
- Resume/CV: Detailing academic achievements, internships, and work experience.
Career Opportunities After Commerce in Australia
Graduates of commerce courses in Australia have excellent career prospects across a diverse range of industries. Popular roles include accountant, auditor, business analyst, financial analyst, marketing manager, consultant, economist, and banker. These positions are in high demand, especially in major cities such as Sydney, Melbourne, and Brisbane, where top employers, including Deloitte, PwC, EY, KPMG, Commonwealth Bank, NAB, Westpac, and Accenture, actively recruit commerce graduates.
The average salary for fresh graduates ranges from AUD 60,000 to 100,000 per year, with higher packages for those in specialised roles or with prior experience. Additionally, many of these careers are listed on Australia’s Skilled Occupation List, making commerce a smart choice for students aiming to secure permanent residency after their studies.
Conclusion
Studying commerce courses in Australia offers students more than just a degree, provides global recognition, access to world-ranked universities, and exposure to industries through internships and professional accreditations. With flexible undergraduate and postgraduate options, scholarships, and career opportunities in fields such as accounting, finance, business analytics, and marketing, Australia offers strong returns on investment.
Added advantages, such as high graduate employability and clear pathways to permanent residency, make it one of the most attractive destinations for commerce students worldwide.
