Postgraduate - Course

Students who commenced study in 2015 should refer to this course entry for direction on the requirements; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course.

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This course entry applies to students commencing this course in 2015 and should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics.

Course code2643
Managing facultyBusiness and Economics
Abbreviated titleMDipl&Trade
CRICOS code082333M
Total credit points required96
Standard duration of study (years)2 years FT, 4 years PT
Study mode and locationOn-campus (Caulfield)
Off-campus (Caulfield)
Admission, fee and application details
Contact details


Course coordinator

Dr Jagjit Plahe


  • Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.


This course provides formal academic study across a range of disciplines relevant to the needs of organisations operating in the global environment. It provides high-level training in the fields of diplomacy, economics, law and contemporary politics. The course is aimed at individuals who presently work, or who hope to work, in both the public and private sectors and who wish to increase their understanding of the international environment in which they operate. It is designed for individuals working in the government sector engaged in the implementation and provision of policy advice in the areas of foreign affairs, trade and business-related issues. In the private domain, the course is designed for individuals who are operating, or looking to work, in an international capacity in both the corporate or not-for-profit sector.


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 (

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 real world 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 inter-disciplinary understanding relevant to business, professional and public policy communities

(d.) have advanced knowledge to master's level in the analysis and formulation of foreign and trade policy.

Credit for prior studies

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 qualification in business. Credits or exemptions up to a maximum of 24 credit points may be granted for a honours degree level qualification in a non-business discipline.

Maximum credit allowed

48 credit points


The course has two main components:

  • eight core units
  • eight electives.

An optional research pathway is available which may provide an alternative pathway for students from a course work master's into a PhD program.

Students 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 72 points from sections (a.) and (c.)
  • honours degree not in a relevant discipline must complete 72 points from sections (a.) and (b.)
  • honours degree in a relevant discipline must complete 48 points from section (a.).

Students who have completed relevant discipline studies or two years relevant work experience may receive up to a semester of exemptions subject to course coordinator approval.


Students complete:

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

  • BTF5130 International law and policy
  • BTF5340 Regional trade governance
  • ECF5921 Introduction to international economics
  • MGF5722 Emerging economies in a globalising world
  • MGF5730 International trade policy
  • MGF5760 International institutions and organisations
  • MGF5911 Diplomacy and statecraft
  • MGX5710 Globalisation and the governance of market societies

(b.) four elective units (24 points), taken from the Faculty of Business and Economics

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

(i.) four elective units from any faculty

(ii.) the following research pathway* units:

  • MGX5000 Introductory management research methods
  • MGX5901 Research report (introduction)
  • MGX5900 Research report (12 points)

* Students 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 percent, to progress to the research report. Students should discuss this option with their course director prior to enrolling.

Progression to further studies

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.

Alternative exit(s)

Students wishing to exit the Master of Diplomacy and Trade 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.


Master of Diplomacy and Trade