What is a Master in Commerce?

part of Business & Management

Commerce is a sub-field of business and economics that comprises all the activities that lead to the exchange of goods and services from producers to clients. It deals with buying, selling and investing, the distribution of products, covering market demand and creating new business opportunities, among others. E-commerce is a branch of commerce that has rapidly evolved over the years, which implies the acquisition and sale of products via the internet.

Universities and business colleges from the Commonwealth nations offer special degrees in commerce such as Bachelors of Commerce (B.Com.), or Bachelors of Commerce and Administration (BCA), at the undergraduate level, and Masters of Commerce (M.Com.) at the graduate level. Concentrations in commerce include multinational commerce, accounting, finance, marketing or project management.

Commerce degrees aim to deliver multi-disciplinary knowledge and essential skills for the modern business world. Because trading is an essential day-to-day activity, graduates in commerce can easily find positions in corporations, small businesses, non-profit organisations, banks, outsourcing, insuring, audit and consulting firms, in governmental agencies or in the e-commerce industry.

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Check out our list of Master's degrees in Commerce. Keep in mind you can also study an online Masters in Commerce.

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