Bachelor of International Business - 2019

International business provides you with an inter-disciplinary understanding of issues affecting contemporary international firms, their strategy, corporate policies and operations. International business develops your knowledge and skills for the international economic, financial, political, legal, managerial and strategic environment of business.

Depending upon the elective units selected in Part D, you may gain an accounting accreditation.

Double degrees

The Bachelor of International Business at the City campus can be taken in combination with the following course:

• Bachelor of Business
• Bachelor of Arts

Completing a double degree course will allow you to graduate with two degrees, Bachelor of International Business and the degree awarded by the partner course. The requirements for the award of the each of the degrees is the same whether the award is earned through a single or double degree course. You should refer to the course entry for the partner course in their double degree for the requirements of the other degree.

These course outcomes are aligned with the Australian Qualifications Framework level 7, the Bologna Cycle 1 and Monash Graduate AttributesAustralian Qualifications Framework level 7, the Bologna Cycle 1 and Monash Graduate Attributes (http://www.monash.edu.au/pubs/handbooks/alignmentofoutcomes.html).

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

1. be critical and creative scholars who:
   • produce innovative solutions to problems
   • apply research skills to business 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. demonstrate broad knowledge and technical skills in business and provide discipline based solutions relevant to the business, professional and public policy communities that we serve
4. use international business knowledge to enhance opportunities and to resolve challenges confronting international organisations
5. demonstrate a well-developed understanding of multi-disciplinary decision making in organisations via application of knowledge from core business discipline areas.

Subject to unit choice, this degree is accredited by relevant Australian professional bodies. Refer to the Monash Business School professional recognitionMonash Business School professional recognition (http://www.monash.edu/business/future-students/undergraduate-study-options/after-you-graduate/professional-recognition) page.

The course develops through the themes of foundation business knowledge, specialist discipline knowledge, capstone experience, and in addition includes elective study.

Part A. Foundation business knowledge

This will provide you with a study of accounting, economics and econometrics disciplines and the impact they have on decision making in organisations.

Part B. Specialist discipline knowledge

These studies will develop your capacity as a critical and creative professional who is able to apply your knowledge of international business to provide discipline-based solutions for business. Units contained within the discipline may meet the requirements for professional accreditation bodies.

Part C. Capstone experience

The capstone unit will consolidate your knowledge and skills acquired through the study of international business and provide experience in multi-disciplinary processes and decision making.

Part D. Elective study

These are free electives which will enable you to further your knowledge of international business, or business more broadly, or to select units from across the University in which you are eligible to enrol.

If you are undertaking a double degree course, some units required for the other degree can also be credited as electives towards the international business degree.

The course comprises 144 points, of which 96 points must be focused on business study and 48 points are used to provide additional depth or breadth.

The course develops through three themes: Part A. Foundation business knowledge (18 points), Part B. Specialist discipline knowledge and Part C. Capstone experience (78 points), and Part D. Elective study (48 points).

Elective study may be at any level but no more than 10 units (60 points) at level 1 can be credited to the course and a minimum 36 points must be at level 3, of which at least 24 points of level 3 units must be from those offered by the Faculty of Business and Economics at the City campus.

The course progression mapcourse progression map (http://www.monash.edu.au/pubs/2019handbooks/maps/map-b2005.pdf) provides guidance on unit enrolment for each semester of study.

Units are 6 points unless otherwise stated.

Part A. Foundation business knowledge (18 points)

You must complete:

The following two units (12 points):

• ECF1100 Microeconomics
• ETF1100 Business statistics

One unit (6 points) from the following:

• ACF1100 Introduction to financial accounting
• ACF1200 Accounting for managers

Part B. Specialist discipline knowledge and Part C. Capstone experience (78 points)

You must complete:

a. The following nine units (54 points):

• ACF2400 Accounting information systems
• BEX3000 Current issues in business
• BTF1010 Business law
• ECF1200 Macroeconomics
• ECX3550 Business in Asia
• MGF1010 Introduction to management
• MGF2351 International business
• MGF3681 International management
• MKF1120 Marketing theory and practice

b. One capstone, project, international or internship experience to a total of 24 points.

This must include a minimum 12 points from Study Aboard at an approved partner institution or from the following industry placement units:

• BEX3206 Industry placement
• BEX3212 Industry placement (12 points)

And if needed to achieve the 24 points, any of the following units can be completed.

• BEX2000 Digital technology and business
• BEX2500 Integrative thinking and decision making
• BEX3350 Industry project
• BEX3450 Industry project (12 points)
• BEX3411 Entrepreneurship
• BEX3722 Engaging with international business - Australia
• BEX3725 Engaging with international business - Europe
• other units from the Monash Business School or other faculties across the university

Part D. Elective study (48 points)

These are free elective units and may be used to develop further depth and breadth in international business or business. Free elective units could be chosen from across the University (including to complete a major or minor from another course), as long as you have the prerequisites and there are no restrictions on admission to the units. The units may be at any level, however, no more than 10 units (60 points) are to be completed at level 1 in the Bachelor of International Business course and a minimum of 36 points must be completed at level 3.

Free electives can be identified using the browse units tool and indexes of units in the current edition of the Handbook. Majors and minors can also be identified using the Handbook indexes. The level of the unit is indicated by the first number in the unit code; undergraduate units are those that commence with the numbers 1-3. You may need permission from the owning faculty to enrol in some units taught by other faculties.

The following units are recommended if you wish to gain accounting accreditation.

• ACF2100 Financial accounting
• ACF2200 Introduction to management accounting
• ACF3100 Advanced financial accounting
• ACF3200 Management accounting
• ACF3600 Auditing and assurance
• BFF1001 Foundations of finance or BFF2140 Corporate finance 1
• BTF2000 Australian corporations law
• BTF3931 Taxation law

Successful completion of this course may provide a pathway to the one year honours program B3701 Bachelor of Commerce (Honours). Applicants must have completed a bachelor degree, with a specialisation in the related discipline and have achieved a distinction grade average (70 percent) or above in 24 points of studies in relevant discipline units at level 3. In addition, some fields require particular level 3 units to be completed for admission to honours.