Bachelor of Commerce [B.Com]
Field of Study:
$36,652 /Yr
The University of Melbourne's Bachelor of Commerce is a 3-year full-time undergraduate program ranked 32nd globally for Business and Economics by THE 2026. Located in Parkville, Melbourne, this course attracts international students seeking expertise in accounting, finance, economics, and management. The program costs AUD 52,360-59,052 per year (approximately INR 35.1-39.6 lakhs) for international students, with total fees around INR 1.05-1.19 crores for the full course. Graduates secure roles in finance, accounting, and business with strong employment outcomes and median starting salaries of AUD 74,000 (INR 49.6 lakhs).
Current Admission Status:
Applications for the July 2026 intake close on 31 May 2026. The next intake begins in July 2026. International students must submit complete applications including transcripts, English language test scores, and certified translations of non-English documents by the deadline.
Why Study Bachelor of Commerce at Melbourne
- Top-Ranked Program: University of Melbourne ranks 1st in Australia for Business and Management, with #1 ranking for quality of teaching in Business and Economics (THE 2026).
- Strong ROI: Commerce graduates earn median starting salary of AUD 74,000 (INR 49.6 lakhs), with break-even typically within 2-3 years post-graduation.
- Post-Study Work Rights: Graduates receive 2 years of post-study work visa, allowing full-time employment in Australia after completing the degree.
- Flexible Specializations: Choose from seven majors including Accounting, Finance, Economics, Management, Marketing, Actuarial Studies, and Business Analytics.
- Industry Connections: Strong partnerships with leading firms, consulting subjects, case competitions, and exclusive programs provide competitive edge in workforce.
Tuition Fees for International Students
| Component | Currency | INR (at 1 AUD = 66.4 INR) |
|---|---|---|
| Year 1 Tuition | AUD 52,360-59,052 | INR 35.1-39.6 lakhs |
| Year 2 Tuition | AUD 52,360-59,052 (approx.) | INR 35.1-39.6 lakhs |
| Year 3 Tuition | AUD 52,360-59,052 (approx.) | INR 35.1-39.6 lakhs |
| Total Course Fee | AUD 157,080-177,156 | INR 1.05-1.19 crores |
Exchange Rate Note: Conversion based on live rate as of April 16, 2026 (1 AUD = 66.4 INR). Rates fluctuate; verify current rates before payment.
Fees vary based on subject selection within the degree. The university offers FEE-HELP loan schemes for eligible students, allowing deferred payment. Scholarships can reduce fees by up to 20% (INR 7-8 lakhs).
Cost of Living in Melbourne
| Category | Monthly Cost (AUD) | Monthly Cost (INR) |
|---|---|---|
| Accommodation | ||
| On-campus (shared) | 1,000-1,400 | 66,400-93,000 |
| Off-campus (shared) | 1,200-1,800 | 79,700-119,500 |
| Food & Groceries | 380-600 | 25,200-39,800 |
| Transport | 120-180 | 8,000-12,000 |
| Utilities (shared) | 100-150 | 6,600-10,000 |
| Total Monthly | 2,000-2,800 | 1.33-1.86 lakhs |
Annual Living Cost: Approximately AUD 24,000-33,600 (INR 15.9-22.3 lakhs) for a single student. On-campus accommodation includes utilities and internet. Part-time work (48 hours per fortnight during semester) can offset living expenses; average hourly wage is AUD 21-25 (INR 1,394-1,660).
Admissions Requirements
| Requirement | Details |
|---|---|
| ATAR Score | International guaranteed ATAR 91.00 (or equivalent) |
| English Proficiency | IELTS 6.5 overall, with no band below 6.0 |
| TOEFL Score | 79-85 (writing 19, speaking 19, reading 16, listening 16) |
| Pearson PTE | 64 (all components minimum 60) |
| Application Deadline | 31 May 2026 (for July 2026 intake) |
| Intake Dates | February and July |
Indian Equivalents: Class 12 CBSE/ICSE with 70%+ marks qualifies. A levels and International Baccalaureate are also recognized. Minimum 70% average results equivalent to University of Melbourne standards required for entry.
Application Process:
- Submit online application via University of Melbourne international portal
- Provide official transcripts with certified English translations
- Submit English language test scores (IELTS/TOEFL/PTE)
- Include statement of purpose (optional but recommended)
- Assessment typically takes 4-8 weeks after complete submission
Curriculum & Specializations
The Bachelor of Commerce offers seven majors with flexibility to choose or combine:
- Accounting: Financial reporting, auditing, taxation, management accounting
- Finance: Investment analysis, corporate finance, financial markets
- Economics: Microeconomics, macroeconomics, econometrics, policy analysis
- Management: Organizational behavior, strategic management, operations
- Marketing: Consumer behavior, digital marketing, brand management
- Actuarial Studies: Risk management, insurance, pension systems
- Business Analytics: Data analysis, business intelligence, predictive modeling
Students can complete a double major within the standard 3-year duration. Honours (fourth year) available in Accounting, Actuarial Studies, Economics, or Finance.
Course Rankings
| Ranking Body | Rank | Year |
|---|---|---|
| THE Business and Economics | 32nd globally | 2026 |
| QS Business and Management | Top 40 globally | 2026 |
| University Overall (QS) | 19th globally | 2026 |
| Australia Ranking | 1st in Australia | 2026 |
University of Melbourne is Australia's top-ranked institution for Business and Management education.
Scholarships for Indian Students
| Scholarship | Value | Eligibility | Deadline |
|---|---|---|---|
| A.G. Whitlam International Scholarship | Up to 50% fees | Indian nationals, academic merit | Rolling basis |
| Commerce Global Scholarship | 20% fees remission | International students from under-represented countries | April 20, 2026 |
| Commerce Undergraduate International Merit | Varies | High-achieving international students | Rolling basis |
| Melbourne International Undergraduate | Varies | International students, academic excellence | Rolling basis |
Automatic consideration for scholarships upon application if eligible. Over 1,200 scholarships available across the university.
Placements & Career Outcomes
| Role | Average Salary (AUD) | Average Salary (INR) |
|---|---|---|
| Accountant | 65,000-85,000 | 43.2-56.4 lakhs |
| Financial Analyst | 75,000-100,000 | 49.8-66.4 lakhs |
| Management Consultant | 80,000-110,000 | 53.1-73.0 lakhs |
| Business Analyst | 70,000-95,000 | 46.5-63.1 lakhs |
Employment Rate: 98% of graduates in work within 3-5 years. Top recruiters include Big 4 accounting firms (Deloitte, EY, KPMG, PwC), investment banks, and multinational corporations. Internship opportunities available during the course.
Return on Investment (ROI)
| Metric | Value |
|---|---|
| Total Investment (Fees + Living) | INR 1.20-1.41 crores |
| Average Starting Salary | INR 49.6 lakhs |
| Break-Even Period | 24-36 months |
| 5-Year Earnings | INR 2.5-3.2 crores |
| Net ROI (5 years) | 100-150% |
Graduates typically recover their investment within 2-3 years and earn significantly higher salaries compared to Indian commerce graduates at similar experience levels.
Visa & Work Rights
International students on a Student Visa (Subclass 500) can work up to 48 hours per fortnight during semester and unlimited hours during official breaks. Post-study work visa grants 2 years of full-time work rights in Australia. Graduates can apply for permanent residency through skilled migration pathways if they meet points requirements. No restrictions on employment sector; graduates work across finance, accounting, consulting, and corporate sectors.
FAQs
Ques. Can I work part-time while studying Bachelor of Commerce at University of Melbourne?
Ans. Yes, international students can work up to 48 hours per fortnight during semester and unlimited hours during official course breaks. Average hourly wage is AUD 21-25 (INR 1,394-1,660), which can help offset living costs.
Ques. What is the total cost of studying Bachelor of Commerce at University of Melbourne for Indian students?
Ans. Total cost is approximately INR 1.20-1.41 crores for 3 years, including tuition fees (INR 1.05-1.19 crores) and living expenses (INR 15.9-22.3 lakhs annually). Scholarships can reduce this by up to 20%.
Ques. What are the job prospects after completing Bachelor of Commerce from University of Melbourne?
Ans. Graduates secure roles as accountants, financial analysts, management consultants, and business analysts with starting salaries of INR 43.2-73.0 lakhs. The university ranks 1st in Australia for Business and Management, with 98% employment within 3-5 years.
Important Alert
- Start year Application Deadline For 2027 Intake - Oct 31, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $36652 (AUD 52360) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Accomodation | $9464 (AUD 13520) |
| Transportation | $1092 (AUD 1560) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2025 | $38730 (AUD 55328) |
| 2024 | $38730 (AUD 55328) |
| 2021 | $20426 (AUD 29180) |
Important Dates
| Event | Application Date |
|---|---|
| Mid-year Application Deadline For 2026 Intake | |
| Start year Application Deadline For 2027 Intake | Oct 31, 2026 |
Reviews
58 Reviews Found
It is ranked highly in the world for commerce and mainly economics. It is in the top 15 for accounting and finance.
Scores Required
TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Student Bursaries | $1,000 - $10,000 | Have an academic status of Good Standing |
| Rao Family Bursary | $1,000 - $3,000 | Be enrolled at the University of Melbourne |
Key Resources for Your Study Abroad Journey
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| VueVille Future Technology Scholarship | Scholarship per student$ 700/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 2,450/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 1,400/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based |
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