The Master of Commerce typically requires two years of full-time study. The curriculum is generally concentrated on one subject area — such as accounting, actuarial science, business management, corporate governance, human resource management, economics, statistics, finance, marketing or supply chain management — and emphasizes underlying theory. Relatedly, programs usually include a thesis component,[1] and may be exclusively research based.
Given this structure, the MCom differs from other business and management degrees: Its concentration on one area distinguishes it from generalist degrees, such as the MBA. Some universities offer the MCom in general management,[5] although this is more similar to the Master of Management than to the MBA;[6] see also Master of Business. As compared to specialised Professional degrees - such as the Master of Science in Finance or Master of Accounting - the MCom places more emphasis on theory than practical experience; see also Master of Science in Management.