Best commerce universities in Australia include the University of Melbourne (QS Business and Management #42), UNSW Sydney (#48), University of Sydney (#54), and Monash University (#57). A Bachelor of Commerce in Australia is a 3-year full-time undergraduate degree open to Indian Class 12 applicants. Annual fees range from AUD 46,800 (INR 31.53 lakh) at Deakin University to AUD 62,464 (INR 42.08 lakh) at the University of Melbourne. English requirements range from IELTS 6.0 to IELTS 7.0 overall, depending on the university. Indian students must verify board equivalence, mathematics prerequisites, and English conditions before applying. Eligible Indian applicants can access scholarships, including Melbourne's 20% tuition sponsorship and Sydney's AUD 60,000 Vice-Chancellor award.
Key highlights for Indian students targeting the 2027 intake:
Latest Updates
- Sydney Vice-Chancellor's International Scholarships Scheme: Next Semester 1, 2027 scholarship consideration cutoff is 16 November 2026. An unconditional offer is required by this date. The 17 August and 5 October 2026 rounds have already passed.
- Melbourne International Excellence Scholarship (Undergraduate): Offers selected 2027 undergraduates a 20% tuition sponsorship for the course duration. Automatic assessment at admission. Competitive selection.
- Deakin University has listed its redesigned 2027 Bachelor of Commerce (M380). Confirm campus and intake options directly with Deakin before applying.
- Australia student visa fee increased to AUD 2,500 from 1 July 2026. Budget for this separately from tuition and living costs.
- Australia's student visa refusal rate for Indian applicants reached 40% in early 2026. Apply early and ensure all documents are complete and accurate.
- UNSW 2027 BCom fee is not yet verified. The AUD 56,500 figure in this article is a 2026 reference. Request the 2027 fee from UNSW before comparing final offers.
Currency conversion: AUD 1 = INR 67.37 (October 2026).

Best commerce universities in Australia include the University of Melbourne (QS #42), UNSW Sydney (QS #48), and University of Sydney (QS #54). The table below uses QS World University Rankings by Subject 2026: Business and Management Studies as the benchmark. QS does not publish a standalone commerce ranking. This subject ranking measures subject-level performance, not individual BCom degrees.
| University | Location | QS Business and Management Studies 2026 |
|---|---|---|
| University of Melbourne | Parkville, Melbourne, Victoria | #42 |
| UNSW Sydney | Kensington, Sydney, New South Wales | #48 |
| University of Sydney | Camperdown, Sydney, New South Wales | #54 |
| Monash University | Clayton, Melbourne, Victoria | #57 |
| Australian National University (ANU) | Acton, Canberra, ACT | #85 |
| University of Queensland (UQ) | St Lucia, Brisbane, Queensland | #93 |
| Deakin University | Burwood, Melbourne and Waterfront, Geelong, Victoria | 201 to 250 |
| University of Western Australia (UWA) | Crawley, Perth, Western Australia | 201 to 250 |
Note: Deakin and UWA share the 201 to 250 band. This table does not establish their relative position. These 8 universities are a selected shortlist offering verified commerce routes across several Australian cities. They are not Australia's 8 highest-ranked business institutions overall.
Student Insight
According to Reddit, one applicant choosing between Melbourne and Monash weighed scholarship support, commuting time, and course flexibility. Students recommend comparing majors, campus location, and scholarship conditions rather than ranking alone.
A Bachelor of Commerce in Australia suits Indian Class 12 school-leavers. A Master of Commerce requires prior university study. Standard BCom programs take 3 years full-time. Double degrees, honours, and postgraduate routes have different structures.
Popular commerce majors and what to check:
Postgraduate routes for Indian graduates:
Student Insight
According to Reddit, a UQ commerce student found later major subjects more engaging than first-year core units. Students emphasise choosing a major deliberately and using tutor support from the first semester.
Commerce eligibility in Australia depends on the university, Indian school board, and degree level. There is no single national percentage requirement. Indian students must verify board equivalence, mathematics prerequisites, and English conditions at each university separately.
Undergraduate entry (Indian Class 12 applicants):
Postgraduate entry (Indian graduates):
English requirements:
Documents required:
Student Insight
According to Reddit, a Melbourne BCom applicant received an offer conditional on meeting mathematics requirements. Students recommend reading every offer condition carefully. Current equivalence decisions belong to the university, not to any third-party guide.
Commerce fees in Australia range from AUD 46,800/year (INR 31.53 lakh) at Deakin University to AUD 62,464/year (INR 42.08 lakh) at the University of Melbourne. All figures below are annual or first-year international student fees. Do not multiply first-year tuition by three to obtain a fixed degree price. Later-year fees can change.
| University | Program | Annual Fees (AUD) | Annual Fees (INR) |
|---|---|---|---|
| University of Melbourne | Bachelor of Commerce | AUD 56,451 to AUD 62,464 (2027; first year; subject-dependent) | INR 38.03 lakh to INR 42.08 lakh |
| UNSW Sydney | Bachelor of Commerce | AUD 56,500 (2026 reference; 2027 not verified) | INR 38.06 lakh |
| University of Sydney | Bachelor of Commerce | AUD 59,100 (2027; first year) | INR 39.82 lakh |
| Monash University | Bachelor of Commerce | AUD 59,140 (2027; annual standard load) | INR 39.84 lakh |
| Australian National University | Bachelor of Commerce | AUD 57,640 (2027; annual standard load) | INR 38.83 lakh |
| University of Queensland | BCom Accounting | AUD 56,800 (2027; annual standard load) | INR 38.27 lakh |
| Deakin University | Bachelor of Commerce | AUD 46,800 (2027; annual standard load) | INR 31.53 lakh |
| University of Western Australia | Bachelor of Commerce | AUD 53,000 (2027; annual standard load) | INR 35.71 lakh |
Important notes:
Student Insight
According to Reddit, a prospective UNSW commerce student asked for a full degree budget. Replies highlighted future tuition changes and accommodation choices. Always request the fee for your specific commencement year from the university directly.
The cost of living for commerce students in Australia ranges from AUD 1,800 to AUD 3,500/month depending on the city and lifestyle. Sydney is the most expensive city. Perth is the most affordable among the major university cities listed.
| City | Universities | Monthly Cost (AUD) | Monthly Cost (INR) |
|---|---|---|---|
| Melbourne | University of Melbourne, Monash University | AUD 1,800 to AUD 2,500 | INR 1.21 lakh to INR 1.68 lakh |
| Sydney | UNSW Sydney, University of Sydney | AUD 2,645 to AUD 4,166 | INR 1.78 lakh to INR 2.81 lakh |
| Canberra | Australian National University | AUD 1,800 to AUD 2,400 | INR 1.21 lakh to INR 1.62 lakh |
| Brisbane | University of Queensland | AUD 1,800 to AUD 2,300 | INR 1.21 lakh to INR 1.55 lakh |
| Geelong/Melbourne | Deakin University | AUD 1,500 to AUD 2,200 | INR 1.01 lakh to INR 1.48 lakh |
| Perth | University of Western Australia | AUD 1,500 to AUD 2,200 | INR 1.01 lakh to INR 1.48 lakh |
Monthly cost breakdown (indicative):
Perth (UWA) and Geelong (Deakin) offer the lowest monthly living costs. One UWA student's published sample budget is AUD 595/week (approximately AUD 2,578/month) including shared rent, utilities, groceries, transport, and entertainment. Sydney costs are AUD 800 to AUD 1,600/month more than Perth or Geelong.
Student Insight
According to Reddit, one UWA student valued walking to classes and using campus facilities without owning a car. Students recommend comparing transport needs and rent together when choosing between cities.
Scholarships for commerce in Australia include merit funding at Melbourne, Monash, and Sydney. Eligibility does not guarantee selection. An admission offer is not a scholarship award. Keep the full-fee budget until written funding confirmation states the amount, duration, and conditions.
| Scholarship | Awarded By | Reward (AUD) | Reward (INR) | Eligibility |
|---|---|---|---|---|
| Melbourne International Excellence Scholarship (Undergraduate) | University of Melbourne | 20% tuition sponsorship for course duration | Approx. INR 7.61 to INR 8.42 lakh/year | 2027 overseas-fee undergraduate offer; no prior tertiary study except permitted Year 12 extension; automatic assessment; competitive selection |
| Monash International Merit Scholarship | Monash University | AUD 15,000/year (at 48 credit points) | INR 10.11 lakh/year | International undergraduate applicants with an unconditional Australian-campus offer; automatic assessment; 20 awards annually; 70% semester average required to retain |
| Sydney Vice-Chancellor's International Scholarships Scheme | University of Sydney | Up to AUD 60,000 total (commencement award) | Up to INR 40.42 lakh | Eligible international bachelor and coursework master applicants; unconditional offer required by scholarship consideration cutoff; next cutoff is 16 November 2026 |
Important notes on scholarships:
Student Insight
According to Reddit, an Indian applicant for February 2027 received a full Monash offer without scholarship details included. Students recommend treating a course offer and a scholarship award as two separate outcomes.
Jobs after commerce in Australia include accounting, financial analysis, business analysis, consulting, and marketing. Major choice shapes preparation for these roles. QILT's 2024 survey shows international undergraduate Business and Management graduates employed full-time in Australia reported a median annual salary of AUD 60,000 (INR 40.42 lakh). The full-time employment rate was 51.6% among graduates available for full-time work.
| Job Role | Average Annual Salary (AUD) | Average Annual Salary (INR) |
|---|---|---|
| Accountant | AUD 65,000 to AUD 85,000 | INR 43.79 lakh to INR 57.26 lakh |
| Financial Analyst | AUD 70,000 to AUD 95,000 | INR 47.16 lakh to INR 64.00 lakh |
| Business Analyst | AUD 75,000 to AUD 100,000 | INR 50.53 lakh to INR 67.37 lakh |
| Management Consultant | AUD 80,000 to AUD 110,000 | INR 53.90 lakh to INR 74.11 lakh |
| Marketing Manager | AUD 75,000 to AUD 100,000 | INR 50.53 lakh to INR 67.37 lakh |
| Supply Chain Analyst | AUD 65,000 to AUD 85,000 | INR 43.79 lakh to INR 57.26 lakh |
Note: These are national average ranges for 2026. Figures are not university-specific, India-specific, or predictions of future outcomes. Actual starting salaries for fresh graduates will typically be at the lower end of each range.
Post-study work rights for Indian students:
Indian students who complete a BCom in Australia are eligible for a Temporary Graduate visa (subclass 485). Duration depends on the university location and degree level. Graduates from regional universities may receive additional years. Check the current visa conditions at the time of graduation.
Student Insight
According to Reddit, one accounting and finance graduate combined strong grades, internships, and vacation-program applications before securing a Big Four role. This is one personal outcome, not a typical result.
Explore: Jobs in Australia for Indian Students
Indian students targeting 2027 commerce intake in Australia must act now. Sydney's scholarship consideration cutoff is 16 November 2026 — an unconditional offer is required by this date. Confirm board equivalence, mathematics prerequisites, and English conditions before paying any application fee. Request the 2027 fee from UNSW before budgeting. Build a full-cost budget including OSHC, flights, and living costs before accepting any offer.
Ques. Which is the best commerce university in Australia?
Ans. The University of Melbourne has the highest subject rank in this comparison at QS Business and Management #42. UNSW Sydney follows at #48 and University of Sydney at #54. These are QS Business and Management Studies 2026 positions, not individual BCom rankings. Choose based on the intended major, admission eligibility, scholarship availability, and total budget.
Ques. How much does a Bachelor of Commerce cost in Australia?
Ans. Verified 2027 annual fees range from AUD 46,800 (INR 31.53 lakh) at Deakin University to AUD 62,464 (INR 42.08 lakh) at the University of Melbourne. UNSW's AUD 56,500 figure is a 2026 reference — confirm the 2027 fee before budgeting. These are annual or first-year figures. A three-year total requires allowance for later tuition changes.
Ques. What IELTS score is needed for commerce in Australia?
Ans. Requirements vary by university. UNSW Sydney and University of Sydney BCom require IELTS 7.0 overall with 6.0 in each component. University of Queensland requires IELTS 6.5 overall with 6.0 in each component. Deakin University requires IELTS 6.0 overall and in each band for 2027. Always check the specific course requirement and confirm any waiver directly with the university.
Ques. Can Indian Class 12 students apply for a Bachelor of Commerce in Australia?
Ans. Yes. Indian Class 12 applicants can apply directly for a Bachelor of Commerce. UNSW's indicative entry scores are AISSCE 85%, ISC 92%, and State Board 98%. UWA requires Class 12 at 80% for Commerce entry. These are indicative scores assessed under university calculation rules. Verify board equivalence and mathematics prerequisites with each university before applying.
Ques. Is mathematics required for commerce in Australia?
Ans. There is no universal answer. UQ requires Mathematical Methods or an accepted equivalent for its BCom. Other universities assess their own prerequisites and assumed knowledge. Students without Class 12 mathematics should request a written assessment from the university before applying. Do not assume an online bridging course accepted by one university is acceptable elsewhere.
Ques. What scholarships are available for Indian commerce students in Australia?
Ans. Key scholarships include Melbourne's 20% tuition sponsorship (automatic assessment; competitive), Monash's AUD 15,000/year International Merit Scholarship (20 awards annually; 70% average required to retain), and Sydney's Vice-Chancellor's International Scholarships Scheme (up to AUD 60,000 total; next cutoff 16 November 2026). An admission offer is not a scholarship award. Keep the full-fee budget until written funding confirmation is received.
Ques. What jobs can Indian commerce graduates get in Australia?
Ans. Jobs after commerce in Australia include Accountant (AUD 65,000 to AUD 85,000/year), Financial Analyst (AUD 70,000 to AUD 95,000/year), Business Analyst (AUD 75,000 to AUD 100,000/year), and Management Consultant (AUD 80,000 to AUD 110,000/year). QILT's 2024 survey shows a median annual salary of AUD 60,000 for international Business and Management graduates employed full-time in Australia. Major choice and practical experience significantly affect outcomes.
Ques. Can an Indian graduate apply for a Master of Commerce in Australia?
Ans. Yes, subject to university assessment of the completed qualification. UNSW MCom requires an assessed academic average of 65% WAM or equivalent. An Indian percentage should not automatically be treated as the same WAM. The University of Sydney offers a 1.5-year MCom for applicants with relevant prior study or experience, and a 2-year MCom Extension for those changing fields. Bachelor of Commerce fees in this article do not represent master's costs.