Master of Commerce (MCom or M Comm; sometimes Magister Commercii as (MagComm or Mag. comm.) is a postgraduate master's degree focusing on commerce-, accounting-, management- and economics-related subjects. Like the undergraduate Bachelor of Commerce, the degree is mainly offered in Commonwealth nations; it is also offered in Spain and some states in Latin America. The Master of Commerce typically requires one or two years of full-time study. The curriculum is generally concentrated on one subject area, see aside, and emphasizes underlying theory. Relatedly, programs usually include a thesis component, 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, although this is more similar to the Master of Management than to the MBA; see also Master of Business. As compared to specialised degrees - such as the Master of Science in Finance or Master of Accounting - the MCom places more emphasis on theory; see also Master of Science in Management. Admission to the MCom usually requires completion of a Bachelor of Commerce, or similar compatible degree; often, an Honours degree will be required. Depending on the degree focus, a related undergraduate major and / or a fairly strong quantitative background may also be a prerequisite. Some MCom programs admit students from science or engineering backgrounds - these programs usually require that students complete a bridging course, or undertake an extended program. Based on specialisation, MCom graduates are typically employed in fields related to their degree foci, such as international commerce, financial services, marketing and project management; graduates also often work in general management and business consulting Programs are sometimes structured such that graduates are eligible for membership of various professional bodies or .