Master of Commerce - Finance in Dunedin New Zealand | University of Otago

University of Otago | Dunedin New Zealand
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Qualification
Masters Degree (Research)
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
NZD 35,527
(c. USD20,589.5)
Attendance
Full-time

The Master of Commerce (MCom) program fosters independent research capabilities. Building on a solid foundation of coursework, students can either expand upon established research areas or pioneer new fields of study. The MCom offers two pathways: a combination of coursework and thesis, or a thesis-only option. Candidates with a strong Bachelor's degree (or equivalent) typically complete the program through papers and thesis over two years of full-time study. The initial year involves 120 points of coursework, culminating in a Postgraduate Diploma in Commerce (PGDipCom). Those holding an Honours degree or PGDipCom (or equivalent) may opt for the thesis-only route (minimum one year).
Finance encompasses investment strategies (including portfolio management), corporate financial decision-making, derivative securities analysis, and cross-border financial operations. All individuals and organizations engage in financial activities, and finance explores the principles and applications of these processes, emphasizing risk assessment and management. This discipline involves real-world resource allocation decisions.Finance blends scientific methodology with creative problem-solving – scientific in its systematic data analysis and predictive modeling; creative because solutions often involve judgment calls rather than definitive answers.
Finance careers offer diverse, lucrative opportunities across multiple sectors. Graduates find employment in financial planning, investment management, securities trading, risk assessment, and foreign exchange markets. Potential employers include government agencies, educational institutions, banking organizations, insurance providers, investment firms, accounting practices, and brokerage houses. The universal applicability of finance knowledge makes this qualification globally portable, with Otago graduates successfully competing in international job markets.


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 6.5

Qualification Requirements

Admission to the programme shall be subject to the approval of the Pro-Vice-Chancellor (Commerce).
Every applicant must either
be a graduate, normally with qualifications requiring a total of at least four years of tertiary study, or
have alternative qualifications or experience acceptable to the Pro-Vice-Chancellor (Commerce).
In considering an applicant's qualifications, regard will be had to the detail of the course of study followed to gain the qualification, as well as the applicant's performance in the programme.
Students who have a good Honours degree or a PGDipCom (or equivalent qualification) can complete an MCom by thesis only (minimum one year).

IELTS (Academic) - Overall score of 6.5, no individual band below 6.0.
TOEFL iBT - Overall score of 90 and a writing score of 21.

Tuition NZD 35,527

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