Build your business career at Australia's largest university. A flexible 3-year degree with 11 specialisations — from accounting and finance to actuarial studies and behavioural commerce — and two intakes a year.
3 years
Full-time duration
A$48,800
Tuition / year (intl.)
Feb / Jul
Two intakes
IELTS 6.5
English requirement
Overview
✓ Study at a QS top-40 university — Australia's largest (QS #37)
✓AACSB + EQUIS triple-crown-accredited business school
✓2-year post-study work visa (subclass 485) — pathway to Australian PR
Choose from 11 specialisations — accounting, finance, actuarial studies, marketing, business analytics, economics, and more. The degree includes an industry experience unit and access to Monash's global network of employers and alumni across 170 countries.
Graduates can apply for a 2-year Temporary Graduate visa (subclass 485), which allows unrestricted work in Australia. This work experience counts toward permanent residency through SkillSelect or state nomination.
Grades just below the bar? Monash offers a Diploma pathway — complete Year 1 at Monash College and transfer directly into Year 2 of the BCom with guaranteed entry.
What you'll study
Core modules
01 Financial Accounting
02 Microeconomics
03 Business Statistics
04 Marketing Principles
05 Business Law
06 Industry Experience Unit
After you graduate
Career outcomes
A$65,000
Median starting salary for commerce graduates
2-year visa
Post-study work visa (subclass 485)
94%
Employed within 4 months of graduating
Top employers
Deloitte, PwC, NAB, ANZ, BHP
How to apply
Application timeline
Anytime (rolling admissions)
Prepare your application
Gather transcripts, take IELTS/TOEFL, write your personal statement. Your counsellor reviews everything free of charge. Monash accepts applications year-round.
Apply early — offers within 2–4 weeks
Submit via Monash portal
Monash processes applications on a rolling basis — you can receive an offer within 2–4 weeks. Apply as early as possible for the best scholarship consideration.
2–4 weeks after submission
Receive your offer
You'll receive a Confirmation of Enrolment (CoE) after accepting your offer and paying the deposit. Your counsellor helps compare offers if you applied to multiple universities.
8–12 weeks before semester start
Student visa (subclass 500)
Apply for your student visa with CoE, OSHC, financial proof, and GTE statement. Processing takes 4–8 weeks. Your counsellor prepares your entire visa package.
February or July 2027
Orientation & start
Arrive in Melbourne for O-Week and begin your Bachelor of Commerce at Monash's Clayton campus.
Fees & funding
Tuition fees & costs
Tuition (international)
Per annum
A$48,800
Total degree cost
3 years
A$146,400
OSHC (health cover)
Required for visa — per year
A$600–$700
Student visa fee
Subclass 500
A$710
Scholarships
Funding you may be eligible for
Monash International Merit Scholarship
Monash University · Merit-based
A$10,000/year
Coverage: Annual tuition reduction
Eligibility: International undergrads with 80%+ average
Duration: Renewable each year
Deadline: Automatic consideration on admission
Source: monash.edu scholarships, 2026
Australia Awards Scholarship
Australian Government · Need + merit
Full award
Coverage: Full tuition + living allowance + flights + OSHC
Eligibility: Citizens of participating countries (MENA eligible)
Duration: Full degree
Deadline: February each year — your counsellor tracks it
Source: australiaawards.gov.au, 2026
Government Scholarships (home country)
Saudi SACM, Egyptian Mission, etc.
Full award
Coverage: Tuition + living expenses + flights
Eligibility: Varies by country — business/commerce eligible
Duration: Full degree
Deadline: Varies — your counsellor checks eligibility
Loans & financing
Alternative funding options
Prodigy Finance
International student loan · No cosigner · Up to A$120,000
Available for international students at Australian universities including Monash. No cosigner or Australian credit history required.
Work during studies
Subclass 500 · Up to 48 hrs/fortnight during term
Student visa holders can work up to 48 hours per fortnight during term and unlimited hours during breaks. Australia's minimum wage is among the world's highest at A$24.10/hour.
Living costs
Monthly budget in Melbourne
Melbourne is consistently ranked one of the world's most liveable cities — with excellent public transport, vibrant food and culture, and a large international student community.
Rent (shared apartment)A$800–$1,200
Food & groceriesA$300–$500
Transport (Myki pass)A$100–$160
OSHC (health cover)A$50–$60
Books & suppliesA$50–$100
Personal & leisureA$200–$400
Estimated totalA$1,500–$2,420/month
DHA financial proof: you must demonstrate A$24,505/year in living costs (in addition to tuition & OSHC) for your visa application.
Student visa
Subclass 500 requirements
Visa type
Student Visa (subclass 500)
CoE required
Confirmation of Enrolment from Monash
Visa fee
A$710
OSHC
Overseas Student Health Cover — mandatory
Financial proof
A$24,505/year living + first year tuition
Post-study (subclass 485)
2-year Temporary Graduate visa — unrestricted work
Student stories
Hear from our students
"Monash's commerce degree is incredibly flexible — I double-specialised in finance and business analytics, which gave me a huge edge in the job market. Melbourne is the best student city in Australia, and the part-time work opportunities are amazing at A$24+/hour."
OA
Omar A.
BCom, Monash University — Class of 2026 · 🇪🇬 Egypt
"My counsellor found me an A$10,000 merit scholarship I didn't know about, and guided me through the entire 500 visa process. The 2-year post-study work visa gives me time to build my career here — and Monash's industry experience unit meant I already had an internship on my CV."
DA
Dana A.
BCom, Monash University — Class of 2025 · 🇸🇦 Saudi Arabia
FAQ
Frequently asked questions
Why is the BCom only 3 years (not 4)?
Australian bachelor's degrees are typically 3 years because they don't include the general education requirements of the US system. You go straight into your major from Year 1. This means you graduate a year earlier and save a year's tuition — while receiving the same professional qualification.
Can I work in Australia after graduating?
Yes. After a 3-year bachelor's, you can apply for a 2-year Temporary Graduate visa (subclass 485), which allows you to work full-time in any job. If you go on to complete a master's, you get an additional 2 years. Australian work experience can then count toward permanent residency through SkillSelect.
What is OSHC and is it expensive?
Overseas Student Health Cover (OSHC) is mandatory health insurance for all international students on a subclass 500 visa. It costs approximately A$600–$700 per year and covers hospital visits, GP appointments, and prescriptions. Your counsellor helps you arrange the best-value provider.
Can I do the Monash Diploma pathway?
Yes. If your grades are just below the direct-entry threshold, you can complete the Monash College Diploma of Business (8–12 months), which guarantees entry into Year 2 of the BCom. You graduate in the same total time and with the same Monash degree. Your counsellor advises on the best pathway.
How much can I earn working part-time?
Australia has one of the highest minimum wages in the world — A$24.10/hour. Working up to 48 hours/fortnight during term, you can earn approximately A$2,000/month, which covers a significant portion of your living costs. Many Monash students work in hospitality, retail, or tutoring.
