Bachelor of Business (International Trade) - BBus(IntTrade)

• General
• Course objectives
• Credit for work done elsewhere
• Mode of offering
• Foreign business language sequence
• Course structure - foreign business language sequence
  • Year one
    • First semester
    • Second semester
  • Year two
    • First semester
    • Second semester
  • Year three
    • First semester
    • Second semester
• International business sequence
• Course structure - international business sequence
  • Year one
    • First semester
    • Second semester
  • Year two
    • First semester
    • Second semester
  • Year three
    • First semester
    • Second semester

General

Course code: 0389
Course coordinator: Mr Peter Schuwalow
This course is principally designed for students seeking a career in international business. The course is available in two sequences. Both sequences comprise a core of foundation business subjects (common to all Bachelor of Business degrees at Monash University), specialist studies in areas of relevance to international trade and three electives. The foreign business language sequence includes a minimum of one year of study in an approved foreign language related to international trade, such as Chinese, Japanese, German or Indonesian. The international business sequence includes an extended range of specialist international trade subjects. The BBus(IntTrade) offered at the Peninsual campus is a three-year full-time course or two-year accelerated course with subjects available during summer semester.

Course objectives

The course is designed to produce graduates equipped to operate effectively in the international business arena and to:

• provide a thorough appreciation and understanding of the impact the international environment has on Australian business activities (this includes the study of the relationships which exist between individual enterprises and the financial, legal, economic, political and trade systems which comprise the international environment);
• provide an understanding and appreciation of the various ways an Australian firm can gain access to foreign markets;
• raise students to a basic level of foreign language proficiency and cultural awareness through the foreign business language sequence;
• develop conceptual and practical skills so that graduates will be able to understand the major determinants of trade; identify and analyse international business opportunities and problems; understand the law relating to international trade; appreciate the function and characteristics of international financial markets and corporate funding decisions; appreciate the cultural and political aspects of export marketing to sell products overseas successfully.

Credit for work done elsewhere

In addition to part one, section four of the degree regulations, the following credit transfers have been standardised for the Bachelor of Business (International Trade):

• holders of a relevant associate diploma (with Year 12 entry) from a TAFE college may be eligible for credits up to a maximum of eight subjects.

Mode of offering

Day classes are offered at the Peninsula campus for both the foreign business language sequence and the international business sequence.

Foreign business language sequence

Available only at the Peninsula campus, two language subjects must be taken as a sequence of study in an approved foreign language. Business Chinese (Mandarin) or business Japanese, Indonesian or German are recommended. However, students may choose another language relevant to international trade, with the approval of the course coordinator. Up to three further language subjects may be taken as electives. Students who enrol in the double degree Bachelor of Arts/Bachelor of Business (International Trade) take seven subjects of languages as their Arts major (see Arts handbook or course brochure). The program assumes no prior knowledge of the language.
The languages focus on contemporary and business vocabulary and the languages will therefore complement the business subjects and enhance career prospects.

Course structure - foreign business language sequence

Year one

First semester

• Foreign language 1*
• ETX1640 Business mathematics and statistics
• ECX1710 Macroeconomics
• MGX1230 Business communication

Second semester

• Foreign language 2
• AFX1110 Accounting and financial decision making
• MKX1120 Marketing theory and practice
• BTX1010 Commercial law

*EACH OF THE TWO LANGUAGE UNITS MUST BE IN THE SAME LANGUAGE CHOSEN FROM EITHER BUSINESS CHINESE (REFER CBL1110 BEGINNING BUSINESS CHINESE, PART 1, CBL1120 BEGINNING BUSINESS CHINESE, PART 2) OR BUSINESS JAPANESE (REFER JBL1010 BUSINESS JAPANESE 1A, JBL1020 BUSINESS JAPANESE 2A) OR ANOTHER FOREIGN LANGUAGE APPROVED BY THE COURSE COORDINATOR.

Year two

First semester

• AFX1300 Money and capital markets
• MGX1300 Introduction to management
• MKX2111 Buyer behaviour
• Elective_

Second semester

• AFX2051 Financial modelling
• AFX2631 Financial management
• ECX2721 Trade finance and foreign exchange
• Elective_

_SEE THE SECTION HEADED 'CHOICE OF ELECTIVE SUBJECTS FOR BACHELOR OF BUSINESS (TAGGED) STUDENTS-CAULFIELD AND PENINSULA CAMPUSES' TOWARDS THE END OF THIS CHAPTER.

Year three

First semester

• AFX3331 International banking and finance
• BTX2191 Taxation law for international trade
• BTX3201 International law
• Elective_

Second semester

• ECX3301 Case studies in international trade
• ECX3291 Multinational trade and investment
• MGX3401 Strategic management
• MKX3141 Issues in competitive advantage

_SEE THE SECTION HEADED 'CHOICE OF ELECTIVE SUBJECTS FOR BACHELOR OF BUSINESS (TAGGED) STUDENTS-CAULFIELD AND PENINSULA CAMPUSES' TOWARDS THE END OF THIS CHAPTER.

International business sequence

The international business sequence includes two additional specialist international trade subjects instead of the foreign language sequence. The international business sequence is available only at the Peninsula campus.

Course structure - international business sequence

Year one

First semester

• ETX1640 Business mathematics and statistics
• ECX1710 Macroeconomics
• MGX1230 Business communication
• MKX1120 Marketing theory and practice

Second semester

• AFX1110 Accounting and financial decision making
• AFX1300 Money and capital markets
• MGX1300 Introduction to management
• BTX1010 Commercial law

Year two

First semester

• AFX2051 Financial modelling
• MGX3600 Cross-cultural communication and negotiations
• MKX2111 Buyer behaviour
• Elective_

Second semester

• AFX2631 Financial management
• ECX2721 Trade finance and foreign exchange
• MGX3531 International marekting
• Elective_

_SEE THE SECTION HEADED 'CHOICE OF ELECTIVE SUBJECTS FOR BACHELOR OF BUSINESS (TAGGED) STUDENTS - CAULFIELD AND PENINSULA CAMPUSES' TOWARDS THE END OF THIS CHAPTER.

Year three

First semester

• AFX3331 International banking and finance
• BTX2191 Taxation and international trade
• BTX3201 International law
• Elective_

_SEE THE SECTION HEADED 'CHOICE OF ELECTIVE SUBJECTS FOR BACHELOR OF BUSINESS (TAGGED) STUDENTS - CAULFIELD AND PENINSULA CAMPUSES' TOWARDS THE END OF THIS CHAPTER.

Second semester

• ECX3291 Multinational trade and investment
• ECX3301 Case studies in international trade
• MGX3401 Strategic management
• MKX3141 Issues in competitive advantage

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