Diploma of Commerce

Diploma of Commerce

UNDERGRADUATE

An introduction to commerce for a global market.

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Student type:
Learning mode:
On campus
Entry score:

Not published
Guaranteed Pathway: Not published

Duration:
Full-time 1 year
Part-time 2 years
Fees:

Commonwealth supported places

Next intake:
February, July
Location:
Melbourne City
Learning mode:
On campus
Entry score:

See admissions

Duration:
Full-time 1 year
Fees:

AU$30,720 (2023 total)

Next intake:
February, July
Location:
Melbourne City

Overview

The Diploma of Commerce is unlike any other one-year Diploma. It covers the fundamentals of business disciplines at an undergraduate level.

Through your studies in this diploma, you will explore key business subject areas, including accounting, management, information systems, business law, and marketing. 

You will connect with high profile brands and get real-world work experience through industry placements, client projects, guest speakers, seminars and events in a friendly and social environment, led by industry-experienced teaching staff.

Students inside the RMIT Trading Facility, including a panel of monitors and trading desks

RMIT Trading Facility

Use innovative facilities to gain real-world skills. The RMIT Trading Facility, or RTF, provides a live market data feed from Thomson Reuters, as well as financial analysis tools used by professionals at the world’s leading banks and investment firms.

Learn more
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Guaranteed Pathway options available

Didn't get the ATAR you needed? Guaranteed Pathways lets you preference pathway packages in VTAC so you can secure your place in your goal degree and graduate with two internationally-recognised RMIT qualifications.

Details

Join this dynamic diploma to kick-start your exciting journey from student to qualified business leader. 

The Diploma of Commerce is a full year of study equivalent to the first year of Bachelor of Business, and offers unique academic and industry learning experiences designed to inspire.

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Whilst this qualification matches the academic standards of the first year of a bachelor degree, it is taught in smaller groups of typically 25-30 students where you will combine knowledge and experience in a fun, challenging yet rewarding program. This creates a closer relationship with the teachers who will personally support and guide you on your journey to your global career or further study destinations. 

This allows students to be personally supported throughout their learning journey by experienced teaching staff with extensive industry experience and academic credentials. 

Throughout your study, you will engage in work-integrated-learning (WIL) projects undertaken with RMIT partners to allow firsthand industry experience. These projects form a portfolio of work demonstrating to prospective employers the practical business experience gained throughout your study, highlighting essential skills such as creativity, critical thinking and teamwork.

Ongoing assessment throughout the semester includes examinations, essays, reports, oral presentations, group projects, research projects and practical assignments.

As part of this diploma, you will have the chance to apply and refine a range of professional skills in a workplace or in a simulated business environment.

You will:

  • demonstrate your professional or vocational skills by completing an activity in a work context or situation; and
  • interact with industry and the community when you undertake this activity and benefit from their feedback.

Guiding the development of the College of Business, both nationally and internationally, is an Industry Advisory Board of high-profile executives chaired by Gerhard Vorster, Chief Strategy Officer, Deloitte. The board creates a strategic bridge between the latest in technology and design thinking and business.

The knowledge and skills you will acquire throughout this diploma and how they can be applied in your career are described in the learning outcomes.

The diploma comprises eight business subjects, providing a sound basis for further study and specialisation.

These subjects are in the areas of accounting, business computing, business statistics, commercial law, macroeconomics, management, marketing and microeconomics.

Course structure

Choose a plan below to find out more about the subjects you will study and the course structure.

Diploma of Commerce
Program code: DP020
Title
Location
Duration
Plan code
CRICOS
Diploma of Commerce
City Campus
1 year full-time / 2 years part-time [part-time study not available to International Students]
DP020
111278B
Location
City Campus
Duration
1 year full-time / 2 years part-time [part-time study not available to International Students]
Plan code
DP020
CRICOS
111278B
View plan
Diploma of Commerce
City Campus
1 year full-time
DP020
111278B
Location
City Campus
Duration
1 year full-time
Plan code
DP020
CRICOS
111278B
View plan

Career

If you’d like to pursue further study after completion of this course, you will be guaranteed entry into the Bachelor of Business at second year level.

With practical experience from the RMIT Trading Facility, you’re well placed to start your career. You can expand on your experience through workshops and volunteer roles sourced through Career Hub and Job Shop.

During your studies, you can connect with high profile brands and gain work experience through industry placements, client projects, guest speakers, and seminars.

You have the opportunity to build relationships with industry through the micro-credential Networking is Working, by attending industry events hosted by RMIT, and connecting with a professional through RMIT Mentoring. You can also build your network through various associations, including:

Admissions

You must have successfully completed an Australian Year 12 (or equivalent qualification).

Prerequisites

Victorian Certificate of Education (VCE) units 3 and 4: a study score of at least 25 in English (EAL) or at least 20 in English other than EAL or equivalent studies.

Rankings and adjustment factors

Entry to this program is competitive. Eligible applicants are ranked and selected in order of merit based on their academic achievement plus any adjustment factors.

You may be eligible to receive adjustment factors which include equity access schemes and/or subject adjustments to a maximum of 28 aggregate adjustment points. For more information about what adjustment factors RMIT considers visit Admission to RMIT.

We will consider your entire academic record to determine your eligibility for entry. The highest level of education you have previously completed will usually determine how you are ranked.

Selection criteria by applicant type

Please select the highest level of education you have or will be completing in order to find out the selection criteria that applies to you, in addition to meeting the above entry requirements.

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Entry to this program is competitive. Eligible applicants are ranked and selected in order of merit based on their academic achievement. You will be ranked on your ATAR plus any adjustment factors.

Adjustment factors available only to applicants currently studying Year 12

School Network Access Program (SNAP)

  • The SNAP access scheme is designed to increase tertiary participation by giving priority access to RMIT diploma and degree programs to eligible applicants currently studying Year 12 at a SNAP partner school.

Adjustment factors available only to applicants currently studying Year 12 or whose highest qualification is a completed Year 12.

Regional adjustments

  • RMIT automatically allocates adjustment factors to applicants from a low socio-economic status area for all programs that select primarily on ATAR. 
  • Low socio-economic status areas are determined by applying the Australian Bureau of Statistics (ABS) Socio-Economic Index for Areas (SEIFA) Index of Education and Occupation.

Equity access schemes

  • Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance. 
  • Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
  • If you are applying through VTAC you should apply for the Special Entry Access Scheme.
  • If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

  • The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

  • The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

Entry to this program is competitive.

Successful completion of an approved pathway qualification guarantees entry into this qualification.

Otherwise applicants are ranked and selected in order of merit based on their academic achievement, e.g., level of TAFE qualification completed (including any adjustment factors).

We will consider your entire academic record to determine your eligibility for entry. The highest level of education you have previously completed will usually determine how you are ranked.

You will be assigned a selection rank (comparable to an ATAR) based on your highest completed qualification:

  • Advanced Diploma: 81
  • Diploma: 72
  • Certificate IV: 54

You may be eligible for the following adjustment factors:

Equity access schemes

  • Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance. 
  • Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
  • If you are applying through VTAC you should apply for the Special Entry Access Scheme.
  • If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

  • The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

  • The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., GPA (including any adjustment factors).

We will consider your entire academic record to determine your eligibility for entry. Previous fail grades in similar courses may affect your eligibility.

You must have satisfactorily completed at least two courses (subjects) (0.25 EFTSL) at an Australian undergraduate level (or overseas equivalent). You will be assigned a selection rank (comparable to an ATAR) based on your GPA.

Personal statement

If you have been excluded from a program due to academic progress you are encouraged to submit a personal statement outlining the strategies you will adopt to ensure academic success.

If you are applying to RMIT through VTAC you can complete and submit the VTAC personal statement via your online VTAC account.

If you are applying direct to RMIT you can upload your completed personal statement via your online direct application.

You may be eligible for the following adjustment factors:

Equity access schemes

  • Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance. 
  • Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
  • If you are applying through VTAC you should apply for the Special Entry Access Scheme.
  • If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

  • The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

  • The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., Special Tertiary Admission Test (STAT) score (including any adjustment factors).

You must have successfully completed an Australian Year 12 (or equivalent qualification) and meet the stated prerequisites. 

Work and life experience does not provide any additional consideration for entry to this program. You may satisfy the academic requirements by completing the STAT multiple choice.

You may be eligible for the following adjustment factors:

Equity access schemes

  • Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance. 
  • Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
  • If you are applying through VTAC you should apply for the Special Entry Access Scheme.
  • If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Aboriginal and Torres Strait Islander peoples

  • The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

Additional information

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View the ATAR profile and selection rank from students offered a place into this program wholly or partly on the basis of ATAR in the most relevant recent intake period.

The student profile provides insight into the likely peer group for this program.

*ATAR refers to the lowest selection rank to which an offer was made (including consideration of any adjustments) for current and recent Year 12 applicants.

RMIT is committed to providing transparency to the admissions process. In line with this commitment, we provide you with information that will help in making informed choices about your undergraduate study options. Find out more about admission to RMIT.

You need to satisfy all of the following requirements to be considered for entry into this degree.

You must have successfully completed an Australian Year 12 or an equivalent senior secondary school qualification with a minimum average of 50% (see calculator below).

Equivalent qualifications may also include completion of the RMIT Foundation Studies program or a recognised post secondary diploma in the relevant discipline with the required grades.

Meeting the minimum academic requirements does not guarantee entry. Your application will still need to be assessed and accepted.

Entry score calculator
Minimum Score Required

Don’t meet the requirements?

There are no prerequisite subjects required for entry into this qualification.

A selection task is not required for entry into this qualification.

To study this program you will need to complete one of the following English proficiency tests:

  • IELTS (Academic): minimum overall band of 5.5 (with no individual band below 5.0)
  • TOEFL (Internet Based Test - IBT): minimum overall score of 50 (with minimum of 5 in Reading, 5 in Listening, 14 in Speaking and 15 in Writing)
  • Pearson Test of English (Academic) (PTE (A)): minimum score of 42 (with no communication band less than 36)
  • C1 Advanced: minimum of 162 with no less than 154 in any component.

For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.

Don't meet the English language test scores? Complete an English for Academic Purposes (EAP) Upper Intermediate Certificate at RMIT English Worldwide.

Pathways

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Understanding pathways

Even though there are no formal pathways into this course, there are often other ways you can gain entry. For more information, use our Pathways finder or contact Study@RMIT to discuss your options.

Explore pathway finder
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Successful completion of one of the following RMIT Pathway Options guarantees entry into this qualification.

Guaranteed Pathways gives you the option to preference pathway packages in VTAC.

If you apply and are successful in gaining a place in a Guaranteed Pathway package, you will progress straight into the Bachelor Degree upon successful completion of the relevant vocational degree (otherwise known as TAFE) first.

With a Guaranteed Pathway package, you can graduate with two internationally-recognised RMIT qualifications.

Credit, recognition of prior learning, professional experience and accreditation from a professional body can reduce the duration of your study by acknowledging your earlier, relevant experience.

Credit and exemptions will be assessed consistent with the principles of the RMIT Credit Policy.

Graduates of this course will be guaranteed entry into the courses below.

For more information, explore our Pathway finder, or contact Study@RMIT.

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You can gain entry to this degree from RMIT Foundation Studies or a range of vocational study programs.

Credit may reduce the duration of your study by acknowledging your earlier, relevant study experience.

When you are submitting an application, please indicate that you want to be considered for credit and provide detailed course syllabus (also known as course outline), outlining volume of learning, course content and weekly topics, learning objectives/outcomes, assessment types and their weightings, and reference to the learning resources such as prescribed textbooks and recommended readings.

Successful completion of the Diploma of Commerce guarantees entry into one of the following RMIT programs. You will receive 96 credit points of exemptions (equivalent to 1-year full-time study):

Alternatively, you may be eligible for entry into other RMIT undergraduate programs.

Fees

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2023 indicative fees

In 2023, the annual student contribution amount (tuition fee) you will pay for a standard year of full-time study is between AU$4,124 to AU$15,142*.

Additional expenses

  • Student services and amenities fee (SSAF): AU$326 maximum fee for 2023.
  • Other items related to your program, including field trips, textbooks and equipment.

Annual fee adjustment

Amounts quoted are indicative fees per annum, and are based on a standard year of full-time study (96 credit points). A proportionate fee applies for more or less than the full-time study load.

Fees are adjusted on an annual basis and these fees should only be used as a guide.

Defer your payment

You may be eligible to apply for a HECS-HELP loan, which can be used to defer payment of up to the full amount of your student contribution fees. You may also be eligible to apply to defer payment of your SSAF through the SA-HELP loan scheme.

Learn more about fees for undergraduate study.

Paying your fees and applying for refunds

For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.

New government eligibility rules in 2022 - low completion rates

From 2022, there are new government rules about eligibility for higher education student funding as part of the Australian Government’s Job-ready Graduates legislation. If you're starting a program in or after 2022 and are enrolled in a Commonwealth supported place (CSP) or have a HECS-HELP or FEE-HELP loan, these changes affect you. For details, please see Low completion rate and government funding.

If you are offered a Commonwealth supported place, your tuition fees are subsidised by the Australian Government.

Your share of the fee (student contribution) is set on an annual basis by the government and is determined by the discipline areas (bands) of your individual enrolled courses, not the overall program.

How much can I expect to pay for my Commonwealth supported place?

The Australian Government has introduced changes to university funding and student contribution fees under its Job-ready Graduates Package. 

The fees in the table below apply to students who commence their program in 2023. Fees for continuing students are available at fees for Commonwealth supported students.

Each course (subject) falls into a band. The band determines the student contribution amount for the course.

Amounts listed in the table below are based on a standard, full-time study load (96 credit points per year) with all courses in the same band. A proportionate fee applies for more or less than the full-time study load or for enrolment in courses (subjects) from a combination of bands.

You can learn how to calculate your exact tuition fees for units from different bands at Fees for Commonwealth supported students.

Maximum student contribution amount for Commonwealth supported places in 2023 for commencing students

Student contribution band by course (subject)

Maximum annual student contribution amount (per EFTSL) in 2023
Education, Postgraduate Clinical Psychology, English, Mathematics, Statistics, Nursing, Indigenous and Foreign Languages, Agriculture $4,124 per standard year
$515 per standard (12 credit point) course
Allied Health, Other Health, Built Environment, Computing, Visual and Performing Arts, Professional Pathway Psychology, Professional Pathway Social Work, Engineering, Surveying, Environmental Studies, Science, Pathology $8,301 per standard year
$1,037 per standard (12 credit point) course
Dentistry, Medicine, Veterinary Science $11,800 per standard year
$1,475 per standard (12 credit point) course
Law, Accounting, Administration, Economics, Commerce, Communications, Society and Culture $15,142 per standard year
$1,892 per standard (12 credit point) course

Student Learning Entitlement

On 1 January 2022, the Government implemented the Student Learning Entitlement (SLE).

  • The SLE allows students 7 years of full-time subsidised study in Commonwealth Supported Places (CSP).
  • Your total SLE amount will be reduced in accordance with your overall study load in a CSP. 
  • Once you have utilised all your SLE, you can not longer study in a CSP.

For more information about SLE, visit Study Assist.

HECS-HELP Loans

The Australian Government provides financial assistance via the HECS-HELP loan scheme, which allows eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) to defer payment of up to the full amount of their student contribution.

SA-HELP Loans

You may be eligible to apply to defer payment of the Student services and amenities fee (SSAF) through the SA-HELP loan scheme. If you use SA-HELP, the amount will be added to your accumulated HELP debt.

How does a HELP loan work?

If your FEE-HELP and/or SA-HELP loan application is successful, the Australian Government will pay RMIT, on your behalf, up to 100% of your fees. This amount will become part of your accumulated HELP debt.

You only start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government (this also applies if you are still studying). The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.

For more information about loan repayment options see Commonwealth assistance (HELP loans) or Study Assist.

In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student.

The SSAF is calculated based on your enrolment load and the maximum fee for 2023 is $326. 

For more information about calculating your actual SSAF see Paying SSAF.

You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

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The annual tuition fee for 2023 is AU$30,720.

In addition to tuition fees you also need to pay for:

You also need to account for your living expenses. Estimate the cost of living in Melbourne.

Find out more details about how fees are calculated and the expected annual increase.

Applying for refunds

Find information on how to apply for a refund as a continuing international student.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

Frequently Asked Questions (FAQs)

Looking for answers or more general information?

Use our Frequently Asked Questions to learn about the application process and its equity access schemes, find out how to accept or defer your offer or request a leave of absence, discover information about your fees, refunds and scholarships, and explore the various student support and advocacy services, as well as how to find out more about your preferred program, and more.

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Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Luwaytini' by Mark Cleaver, Palawa.

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aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.

More information