Master of Commerce in Australia. How much are these degrees worth?
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I saw that a lot of Australian universities are offering these degrees, but I am really unsure about them. Are they similar to an MBA and are they necessary to get? I see so many people from other countries going there to get these degrees immediately after a bachelors. And unlike the US schools with their MBA's, the Australian schools don't care where in the world the bachelor was obtained and if it was a 3 or 4 year bachelor, or if that bachelor was even obtained at a university. The main thing seems to be that the high tuition is paid in time.
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Answer:
G'day, Master of Commerce is a Masters level degree, therefore it has the same recognition and qualification as MBA. As they are a Masters level courses, the main entry requirement is for the applicant to have a degree equivalent to Australian Bachelor Degree. This equivalency are established by the organisation called NOOSR which has done alot of extensive work in cataloguing and researching all universities all over the world in regards to their equivalency to the Australian university degree. If the applicants to ANY masters course in Australian university do not have the equivalent of Australian bachelor degree, then they will not be able to enter the course, no matter how good they can pay their tuition fee is. Different universities has different structure but some explanations are as follows: 1. MBA is a highly structured course, where students do not have much choice in regards to the units that they want to study. MBA course is pretty much an meeting place of managers to exchange ideas and experience so they can learn from each other's experience and mistakes. 2. Master of Commerce gives students a chance to choose the specialisation after the first semester. This is very helpful for someone with no business degree background but wants to study business quickly to complement their degree (eg. lawyers or engineer or IT). So is it worth it? Depending on the individual. I have a bachelor of business from Australian university and I do not feel that I need to further my qualification with a Masters degree, so neither courses is attractive to me. However employers do recognise both degrees and will highly regards employee with either qualifications. Hope this gives some info in regards to your query abt Masters course in Australia.
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