About the  Master of Commerce scholarship at Monash University

Monash University in Australia offers Master of Commerce Scholarships (Sir John Monash Fee scholarships)  each year to outstanding international students, permanent residents, and humanitarian visa holders to pursue a Master of Commerce program in Australia. The scholarships are offered to both Australian and overseas students for the academic year of 2026/2027 and provide funding to cover students’ tuition fees and living allowance. Moreover, the program will prepare students for a Ph.D. degree or an academic career in the future by providing a thorough academic foundation, research skills, and expertise during the semesters.

About the master of Commerce (MCom)

The Master of Commerce (MCom) is a research-intensive program designed to prepare students for doctoral studies and a future in academia. As part of the Integrated PhD pathway, the MCom can be completed within one or two years, depending on the student’s area of specialisation and previous academic background. The program delivers advanced coursework tailored to each discipline, ensuring students develop a strong foundation in the theoretical and methodological competencies essential for undertaking original research.

Students who complete the MCom with outstanding academic performance and demonstrated research potential will be eligible to advance to the three-year PhD stage. This program serves as an ideal entry point for individuals aspiring to build a career in academic research and higher education.

Admission to the Integrated PhD program is highly competitive. All shortlisted candidates will be automatically considered for the Master of Commerce Scholarship.

Details of the Monash Master of Commerce

• Application period: 30 April – October 15, 2025
• Country: Australia 
• Number of scholarships: various
• Study level: Master’s
• Duration: Up to 2 years (depending upon previous qualifications)
• Mode of study: full and part-time
• Program: Master of Commerce (MCom)

Scholarship Benefits

The scholarship for the Master of Commerce at Monash University offers:

• Tuition fees
• Annual allowance of $36,063
• To renew the scholarship, students must maintain at least an Average weighted mark of 70 in each semester.

Eligibilities

• International students or permanent Australian residents (foreign nationals) and humanitarian visa holders are eligible to apply.
• Candidates must be enrolled or plan to enroll in a Master of Commerce Degree at the university.
• Students must meet the minimum entry requirements to the university, such as holding an undergraduate degree. See here for more information.
• Candidates should have strong academic backgrounds and be high achievers.
• Applicants must meet the English language requirements for studying at Monash University.

Selection criteria

The selection process for these scholarships is highly competitive. Applicants will be selected based on their academic excellence/achievements, passion for a finance research career, and interview performance.

How to apply?

Applicants can apply online directly to the faculty. Shortlisted candidates will have a 30-minute interview with a panel formed by the program director.

Apply Online

There are two intakes: the February intake and the July intake.

Required documents

• Copy of passport
• Proof of competency in the English language
• Copy of documents listed in the entry requirements for the program
• Official translation of documents if they are not in English

You may apply to : 

• Japan-WCO Human Resource Development Program (Scholarship Program)
• Yenching Academy of Peking University 2026 International Scholarships in China
• VISTEC Master and PhD Scholarship 2026 in Thailand
  – Victoria University of Wellington Study Abroad Scholarship in 2025
  – Eric Bleumink Fund Scholarship at University of Groningen, Netherlands (Fully Funded)
  – International Media Studies Scholarship in Germany, 2026-2028

For more information about the scholarship and to help you prepare better for the application, you are advised to refer to the university’s official website.