The Master of Global Business is a multi-disciplinary program that advances your knowledge of business and the global environment in which it operates. This Master's program provides students not only with a comprehensive understanding of the dynamic economic, political and social forces that affect and impact upon global business, but also the skill set required to function and operate in a global environment. The course is designed for those with work experience and/or high performing recent graduates.
The Master of Global Business is designed to build upon your work experience and your undergraduate credentials by further developing and strengthening your business skills and acumen. This program advances your ability to address the global issues and challenges faced by business and society by improving your ability to critically analyze, problem solve and develop solutions. These skills are further enhanced and developed through an appreciation of the global context and how it applies to business, strategy, government, diplomacy, trade, sustainability, social responsibility and intercultural communication. For those interested in further research within this domain, the Master of Global Business can also provide a pathway for students interested in a higher degree by research.
The Master of Global Business, ultimately looks to produce graduates with a comprehensive and multi-disciplined perspective of global business, that enables them to not only better understand the contemporary global environment in which business operates but just as importantly create and produce innovative solutions for the business, professional, social and public policy communities which they serve.
As part of the Master of Global Business, you can choose to attend the Berkeley Haas Global Access Program for one of two semesters, and receive a Berkeley Haas certificate. For more information refer to the Monash Business SchoolMonash Business School (https://www.monash.edu/business/master-of-global-business) site.
These course outcomes are aligned the Australian Qualifications Framework level 9 and Monash Graduate AttributesAustralian Qualifications Framework level 9 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:
- be critical and creative scholars who:
- produce innovative solutions to problems
- apply research skills to business challenges
- communicate effectively and perceptively
- be responsible and effective global citizens who:
- engage in an internationalised world
- exhibit cross-cultural competence
- demonstrate ethical values
- be able to incorporate a diversity of world views, to develop and build solutions that address the issues of sustainable development, social development, social responsibility and strategic decision making
- have the ability to critically appraise and apply the knowledge gained to broad range of firms and organisations operating globally
- have acquired the necessary reflective and analytical skills to engage in life-long learning.
The course is structured in two parts. Part A. Mastery knowledge and Part B. Application studies. You must complete Part A. Depending upon prior qualifications, you may receive credit for all or some of Part B.
Part A. Mastery knowledge
The focus of these studies is to develop your knowledge and skills as a critical and creative professional who can apply their understanding and knowledge of the global business and politics environments in order to contribute to solutions that address contemporary global issues
Part B. Application studies
The focus of these studies is to contribute to a portfolio of professional development that enables you to expand your knowledge and skills, in the realm of global business, politics, trade and related disciplines.
This course comprises 96 points structured into two parts: Part A. Mastery knowledge (48 points) and Part B. Application studies (48 points).
- If you are admitted at entry level 1 you complete 96 points, comprising Part A and Part B
- If you are admitted at entry level 2 you complete 72 points, comprising Part A and 24 points of Part B
- If you are admitted at entry level 3 you complete 48 points, comprising Part A
Note: If you are eligible for credit for prior studies you may elect not to receive the credit and complete one of the higher credit-point options.
The course progression mapcourse progression map (http://www.monash.edu.au/pubs/2019handbooks/maps/map-b6018.pdf) provides guidance on unit enrolment for each semester of study.
Part A. Mastery knowledge (48 points)
a. You must complete the following units:
- BEX5800 Global business environment
- BEX5810 Sustainable business and innovation
- BTF5905 Laws of international trade and commerce
- MGF5730 International trade policy
- MGF5911 Diplomacy and statecraft
- MGF5940 Intercultural communication and negotiation
- MGF5976 Strategic management
b. A global business in practice, being one unit (6 points minimum) from the following:
- BEX5722 Engaging with international business - Australia
- BEX5723 Engaging with international business - North America
- BEX5724Not offered in 2019 Engaging with international business (12 points)
- BEX5832 European business and society (12 points)
- BSA5904 Political, economic and business dynamics in Chile and Latin America (12 points)
Part B. Application studies (48 points)
You must complete either a. or b. below:
a. Eight units (48 points) of elective units at level 5 from the Faculty of Business and Economics or across the university providing you have met the pre-requisites and there are no restrictions on admission to the units.
b. Three research pathway units (24 points):
- MGX5000 Introductory management research methods
- MGX5901 Research report (introduction)
- MGX5900 Research report (12 points)
And four units (24 points) of elective units at level 5 from the Faculty of Business and Economics or across the university providing you have met the pre-requisites and there are no restrictions on admission to the units.
Note: If you are intending to enrol in the research report you require permission. You 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. You should discuss this option with the Course Coordinator prior to enrolling.
You may exit this course early and apply to graduate with one of the following awards, provided you have satisfied the requirements for that award during your enrolment in the master's course:
- B4001 Graduate Certificate of Business after successful completion of 24 credit points of study with a minimum of 18 credit points at level 4 or above
- B5001 Graduate Diploma of Business after successful completion of 48 credit points of study with a minimum of 36 credit points at level 4 or above.
Progression to further studies
Successful completion of this course provides a pathway to a higher degree by research if you are admitted at entry levels 1 and 2 completing the research pathway. If you are admitted at entry level 3 you will normally already have an honours degree, however, if you are in this group and wish to complete a research pathway you should discuss the option with the course coordinator.