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Students who commenced study in 2016 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.

Monash University

Postgraduate - Course

Commencement year

This course entry applies to students commencing this course in 2016 and should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics.

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

Course code


Credit points


Abbreviated title




Managing faculty

Business and Economics


Dr Jagjit Plahe

Contact details


Admission and fees

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Course type

Single degree
Master's by coursework

Standard duration

2 years FT, 4 years PT

Mode and location

On-campus (Caulfield)
Off-campus (Caulfield)


Master of Diplomacy and Trade


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:

  1. be critical and creative scholars who:
    • produce innovative solutions to problems
    • apply research skills to real world challenges
    • communicate effectively and perceptively
  2. be responsible and effective global citizens who:
    • engage in an internationalised world
    • exhibit cross-cultural competence
    • demonstrate ethical values
  3. have a comprehensive inter-disciplinary understanding relevant to business, professional and public policy communities
  4. 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 percent of the course requirements for previous graduate level studies. Credits or exemptions up to a maximum of 24 points may be granted for two years relevant work experience or for a bachelor degree level qualification in a cognate discipline and a further 24 points may be granted for an honours degree qualification in a cognate discipline. Credits and exemptions up to a maximum of 24 points may be granted for an honours degree level qualification in a non-cognate discipline.

Maximum credit allowed

48 credit points


The course comprises 96 points, structured in three parts. All students complete part B. Depending upon prior qualifications, students may receive credit for part A and part C or a combination of the two.

Part A. Advanced preparatory (24 points)

These units will provide you with a comprehensive study of foundation business disciplines and the impact they have on multi discipline decision making in organisations. The units cover various disciplines and consider the impact of business, professional and public policy communities.

Part B. Masters knowledge (48 points)

These units will develop your capacity as a critical and creative professional who is able to apply your knowledge of a specialisation to provide discipline based solutions to diplomacy and trade.

Part C. Application study (24 points)

The focus of these studies is professional or scholarly work that can contribute to a portfolio of professional development. This course be achieved by selecting complementary units offered across the university or by undertaking specified units which provide a research pathway towards a Doctor of Philosophy course.


Students complete:

a. Advanced preparatory units (24 points) as follows:

  • BTF5903 Law and business decisions
  • ECF5953 Economics
  • MGF5991 Professional development - career success
  • MGF5020 Business ethics in a global environment

b. Masters knowledge units (48 points) as follows:

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

c. Application study units (24 points):

  • four graduate elective units from any faculty


three research pathway units* (24 points):

  • MGX4000 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 MGX4000 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.