Postgraduate - CourseMaster of International Business

The course is an inter-disciplinary program of study that provides students with the ability to understand the issues affecting contemporary international business. Academically rigorous, the course enables students to gain the appropriate knowledge and analytical skills that can be applied in a variety of organisational settings including the corporate, governmental and non-profit sectors. The course enables those seeking either career entry or progression or those with a special interest in international business, to extend their skills and knowledge base by being better able to comprehend, critically evaluate and interpret the workings of global business.

These course outcomes are aligned with the Australian Qualifications Framework level 9, the Bologna Cycle 2 and Monash Graduate AttributesAustralian Qualifications Framework level 9, the Bologna Cycle 2 and Monash Graduate Attributes (http://www.monash.edu.au/pubs/handbooks/alignmentofoutcomes.html).

Upon successful completion of this course it is expected that graduates will:

(a.) be critical and creative scholars who:

• produce innovative solutions to problems
• apply research skills to business challenges
• communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

• engage in an internationalised world
• exhibit cross-cultural competence
• demonstrate ethical values

(c.) have a comprehensive understanding of their discipline and be able to provide discipline-based solutions relevant to the business, professional and public policy communities we serve

(d.) have advanced knowledge to master's level in international business.

Students may be eligible for credit to a maximum of 50 per cent of the course requirements for previous graduate level studies. Credits or exemptions up to a maximum of 24 credit points may be granted for a bachelor degree level qualification in business and a further 24 credit points may be granted for a honours degree level qualification in business. Credits or exemptions up to a maximum of 24 credit points may be granted for an honours degree level qualification in a non-business discipline.

48 credit points

The course has two main components:

• a set of core units in international business
• four electives consisting of a research component which may provide a pathway to doctoral studies, or coursework units.

Note: Students at Monash South Africa must complete the research component.

Students enrolled at the Caulfield campus complete one of the following structures as determined by any credit granted for prior studies. Students who have completed an:

• undergraduate degree in a relevant discipline* must complete sections (b.) and (c.)
• undergraduate degree not in a relevant discipline* are required to complete all sections below
• honours degree not in a relevant discipline* must complete units from (a.) and (b.)
• honours degree in a relevant discipline* must complete all units from (b.) below.

* Relevant disciplines include any major within management, business, economics with approval of the course coordinator.

Students enrolled at the Malaysia campus:

• must complete sections (b) and (c)

Students enrolled at the South Africa campus:

• must complete sections (b) and (c) (ii)

Students must complete:

(a.) four units (24 points) from the following:

• ACF5903 Accounting for business
• BTF5903 Law and business decisions
• ECF5953 Economics
• ETF5900 Business statistics
• MGX5962 Foundations of management
• MKF5641 Advanced marketing communication**

** This unit is only available to students who have completed the specified unit prerequisite or can demonstrate to the satisfaction of the course coordinator the completion of an undergraduate major in marketing.

(b.) eight core units (48 points):

• BFF5959/BFM5959/BFS5959 Accounting and finance for international managers
• BTF5919/BTM5919/BTS5919 International trade law
• ECM5921/ECS5921/ECF5921 Introduction to international economics
• MGM5181/MGS5181/MGX5181 International business strategy
• MGM5310/MGS5310/MGX5310 International management
• MGM5640/MGS5640/MGX5640 Cross-cultural management communication
• MGM5966/MGS5966/MGX5966 International business theory and practice
• MKM5955/MKS5955/MKX5955 Marketing and the international consumer

(c.) one of the following options (24 points):

NOTE: Monash South Africa students must complete the MGS-coded units detailed under (ii.) below.

(i.) a further 24 points of graduate-level electives subject to course coordinator approval and the following condition:

• a maximum of 12 points may be taken from other faculties

Elective units can be identified using the browse units toolbrowse units tool (http://www.monash.edu.au/pubs/handbooks/units/search) in the current edition of the handbook. The level of the unit is indicated by the first number in the unit code; graduate units are those that commence with the number 5. Students must be able to meet any unit prerequisites.

(ii.) the following research pathway units (24 points):

• MGS5000/MGX5000 Introductory management research methods
• MGS5901/MGX5901 Research report (introduction)
• MGS5900/MGX5900 Research report (12 points)

Students from Caulfield or Malaysia intending to enrol in the research report require permission. Students must have completed a minimum of 24 points of coursework study, including MGX5000 and achieved a minimum average of 70 per cent, to progress to the research report. Students should discuss this option with their course coordinator prior to enrolling.

This degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application.

Students wishing to exit the Master of International Business early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:

• 1679 Graduate Certificate in Business after successful completion of 24 points of study
• 3848 Graduate Diploma in Business after successful completion of 48 points of study

Students at Monash South Africa do not have the option to apply for an alternative exit.

Exit awards do not apply to Monash University Malaysia unless the awards have been approved by the Malaysian Ministry of Education. For information on the exit awards approved at the Malaysian campus, please contact the school at Monash University Malaysia.

Master of International Business