MONASH UNIVERSITY FACULTY HANDBOOKS
Business & Economics Handbook 1996
Published by Monash University
Clayton, Victoria 3168, Australia
Caution
Copyright © Monash University 1996
ISBN 1320-6222
Authorised by Academic Registrar, April 1996
OUTLINE OF GRADUATE STUDIES -Caulfield and PeninsulaPart 3
CONTENTS
- Graduate Diploma in International Business - GradDipIntBus
- Graduate Diploma in Logistics Management - GradDipLogMgt
- Graduate Diploma in Marketing - GradDipMktg
- Graduate Diploma in Operations Management - GradDipOpMgt
- Graduate Diploma in Taxation - GradDipTaxation
Course code: 0397
Course directors: Mr Richard Morgan (Asian business strand, international
finance strand) Mr David Watson (international marketing strand) Mr Max
Coulthard (international management strand)*.
The course
This distinctive specialised two-year part-time or one-year full-time course
has been especially designed to provide business personnel with an in-depth
understanding of current practices and future developments in international
business. The Graduate Diploma in International Business is offered in an
international finance strand, in an international marketing strand, in an Asian
business strand and in an international management strand*. The course aims to
provide a graduate level of study for candidates seeking to deepen their level
of knowledge and to enhance their practical skills in the international
business arena from the perspective of either the finance function or the
marketing function.
Objectives
The course objectives are to provide a graduate level of study for students
seeking to deepen their level of knowledge and to utilise their practical
skills in the international business arena from the perspective of either the
Asian business function, the finance function, the marketing function or the
management function*. In pursuing this aim, the course has both common and
stranded educational objectives. Common education objectives of the course are
to provide all students with:
+ a review of the socio-economic environment of selected countries;
+ an appreciation of cross-cultural aspects and international negotiating
skills;
+ an appreciation of international management of human resources
+ an understanding of the law of international trade and its financing;
+ an understanding of the functions and characteristics of international
financial markets and the international trade environment;
+ an understanding of marketing policy and strategy on an international
scale.
* Subject to final university approval.
Asian business strand
The objectives of the Asian business strand are to provide students with:
+ an overview for the Asian region's socio-economic environment with a
focus on selected regional countries;
+ an awareness of the economic, social and legal factors affecting Asian
regional trade and finance;
+ an appreciation of effective human resource management in the Asia
region;
+ a knowledge of the functions and characteristics of Asian regional
financial markets and selected banking systems.
International finance strand
The objectives of the international finance strand are to provide students
with:
+ an understanding of the international economy and the major factors
affecting trade;
+ an understanding of international capital markets and corporate funding
decisions;
+ an understanding of accounting and of taxation law in relation to
international business operations and strategies.
International marketing strand
The objectives of the international marketing strand are to provide students
with:
+ an appreciation of the marketing opportunities and logistics management
issues for multinational organisations;
+ an understanding of market research in relation to overseas markets;
+ an understanding of the methods of formulating integrated international
marketing policies and strategies;
+ an ability to prepare a marketing plan of action for an organisation
based upon the market analysis of a selected overseas country.
International management strand*
The objectives of the international management strand are to provide students
with:
+ a comprehensive understanding of cross cultural issues in the
international business environment and their impact upon management theory;
+ an appreciation of how and why management style should be adapted to
suit cross cultural business challenges;
+ an awareness of the functions of the international negotiation process
followed by an understanding of effective methods of communicating and
negotiating in a cross cultural setting;
+ knowledge of international industrial relations issues and their
relevance to strategic management;
+ an understanding of the role key labour organisations play in
international affairs and how this can have an impact upon management
decisions;
+ a comprehensive understanding of international strategic HRM principles
and processes and illustrate how these can be linked to overall business
strategy;
+ the ability to prepare a global strategic plan, incorporating critical
success factors and developing sustainable competitive advantage as well as
appropriate control and feedback systems;
+ an understanding of key elements of the operations process and how these
must be taken into consideration in an international setting;
+ the academic requirements needed to become a Chartered Member of the
Australian Human Resource Institute (AHRI).
* Subject to final university approval.
Entrance requirements
Normally applicants require a pass degree or equivalent qualification from a
recognised tertiary institution. A key selection criteria will be an assessment
of whether the applicant possesses the experience and ability to successfully
complete the course. Previous academic achievements and work experience will be
considered in this assessment. Applicants without a first degree who have at
least six years senior management experience should consult the course director
as to the availability of an executive certificate in the discipline area.
Venue
Evening classes are offered at the Caulfield campus.
Credit for work done elsewhere
Please refer to the relevant course director for the Graduate Diploma in
International Business for details relating to credit transfers.
Course structure
Asian business - part-time
Students may enter the Asian business strand in either semester and may take
the course on either a full-time (four subjects per semester) or part-time (two
subjects per semester) basis. Students are advised to enquire about the course
structure for March intake.
Year one
First semester
+ FIN6030 Asian economies
+ FIN6190 International trade law
Second semester
+ MGM6070 Asian management
+ FIN6210 International economies
Year two
First semester
+ FIN6040 Asian banking and finance
+ MKT6531 International marketing policy and strategy
Second semester
+ FIN6050 Asian business law
+ MKT6500 International market dynamics
Asian business - full-time
First semester
+ FIN6030 Asian economics
+ FIN6190 International trade law
+ FIN6040 Asian banking and finance
+ MKT6531 International marketing policy and strategy
Second semester
+ MGM6070 Asian management
+ FIN6210 International economies
+ FIN6050 Asian business law
+ MKT6500 International market dynamics
International finance - part-time
Students may enter the international finance strand in either semester and may
take the course on either a full-time (four subjects per semester) or part-time
(two subjects per semester) basis. Students are advised to enquire about the
course structure for March intake.
Year one
First semester
+ MGM6500 International management process
+ FIN6190 International trade law
Second semester
+ MKT6500 International market dynamics
+ FIN6210 International economies
Year two
First semester
+ MKT6531 International marketing policy and strategy
+ FIN6230 Principles of international taxation
Second semester
+ FIN6260 Australian capital markets
+ FIN6160 International banking and finance
International finance - full-time
First semester
+ MGM6500 International management process
+ FIN6190 International trade law
+ MKT6531 International marketing policy and strategy
+ FIN6230 Principles of international taxation
Second semester
+ MKT6500 International market dynamics
+ FIN6210 International economies
+ FIN6260 Australian capital markets
+ FIN6160 International banking and finance
International marketing - part-time
Students may enter the international marketing strand in either semester. This
sequence is available currently only on a part-time basis. Students are advised
to enquire about the course structure for March intake.
Year one
First semester
+ MGM6500 International management process
+ FIN6190 International trade law
Second semester
+ MKT6500 International market dynamics
+ FIN6210 International economies
Year two
First semester
+ MKT6531 International marketing policy and strategy
+ MKT6541 Field project
Second semester
+ MKT6510 International marketing and logistics
+ MKT6521 Marketing, planning and opportunity analysis
International management - part-time
Students may enter the international management strand in either semester and
may take the course on either a full-time (four subjects per semester) or
part-time (two subjects per semester) basis.
Year one
First semester
+ MGM6610 International strategic management*
+ FIN6190 International trade law
Second semester
+ MKT6500 International market dynamics
+ FIN6210 International economies
Year two
First semester
+ MGM6650 International operations management*
+ MGM6620 International industrial and employee relations*
Second semester
+ MGM6640 Cross-cultural management communication and negotiation*
+ MGM6630 International human resource management*
International management - full-time
Year one
First semester
+ MGM6640 Cross-cultural management communication and negotiation*
+ MGM6630 International human resource management*
+ MGM6650 International operations management*
+ MGM6620 International industrial and employee relations*
Second semester
+ MKT6500 International market dynamics
+ FIN6210 International economics
+ MGM6610 International strategic management*
+ FIN6190 International trade law
* Subject to final university approval.
Course code: 0759
Course director: Mr David Ballantyne
The course
Logistics management is the planning, coordinating and controlling of the
resources and information involved in the flow of materials and products from
source to the final customer. The aim of this fee-paying course is to extend
the knowledge of people who already have relevant work experience in the
planning and management of logistic support areas of business, the public
service or the defence forces.
Objectives
On completion of the course students should:
+ understand the critical role of functional and cross-functional
responsibilities in logistics and supply chain management;
+ have a comprehensive, yet intellectually flexible understanding of
logistics concepts;
+ have improved substantially their professional expertise and
effectiveness in their current workplace by means of practical assignments;
+ have extended their knowledge and skills vital for success in today's
highly competitive environment.
Entrance requirements
Normally applicants require a pass degree or equivalent qualification from a
recognised tertiary institution. A key selection criterion will be an
assessment of whether the applicant possesses the experience and ability to
successfully complete the course. Previous academic achievements and work
experience will be considered in this assessment. Applicants without a first
degree who have at least six years senior management experience should consult
the course director as to the availability of an executive certificate in the
discipline area.
Venue
This course is offered as a series of eight one-week residential blocks over a
two-year period at the Peninsula campus.
Credit for work done elsewhere
Please refer to the course director for the Graduate Diploma in Logistics
Management for details relating to credit transfers.
Course structure
Year one
First semester
+ MKT6610 Distribution channels and logistics
+ MKT6620 Warehousing management
Second semester
+ MKT6160 Marketing theory and practice
+ MKT6630 Transport management
Year two
First semester
+ MKT6640 Inventory and supply management
+ MKT6650 Logistics control
Second semester
+ MKT6660 Relationship marketing and service quality management
+ MKT6251 Case studies in strategy
Course code: 0511 or 0942 or 1000
Course director: Mr Ian Walker
The course
The aim of this fee-paying course is to provide candidates, from a range of
business and non-business backgrounds, with an in depth understanding of
marketing and marketing management. The course involves an examination of the
marketing function and recognition of the various marketing decision tools
available so as to develop marketing, management, analytical and
decision-making skills.
The course is designed principally for diplomates and graduates who have
undertaken tertiary-level study in an area other than marketing and is offered
on a full-time and part-time basis. Candidates who complete the course
successfully at credit standard may be invited to proceed directly to the
Master of Marketing program, requiring a further two years of part-time
study.
Objectives
On completion of the course students should:
+ have a theoretical and applied understanding of marketing and its
application in business and non-business environments;
+ have an understanding of marketing management theory and associated
analytical techniques and decision-making skills;
+ be able to understand and interpret major financial and management
reports;
+ be able to identify marketing management problems and apply marketing
concepts, theories and techniques to the management of those problems.
Entrance requirements
Normally applicants require a pass degree or an equivalent qualification from a
recognised tertiary institution. Applicants without a first degree who have at
least six years senior management experience should consult the course director
as to the availablity of an executive certificate in the discipline area.
Venue
Classes are offered at the Caulfield campus.
Credit for work done elsewhere
Please refer to the course regulations for the Graduate Diploma in Marketing
for details relating to credit transfers.
Course structure
Year one (Part-time)
First semester
+ MKT6160 Marketing theory and practice
+ MKT6110 Buyer behaviour
Second semester
+ MKT6120 Marketing research and forecasting
+ ACC6800 Marketing financial control
Year two
First semester
+ MKT6261 Marketing communication strategies
+ MKT6361 Marketing decision systems
Second semester
+ MKT6251 Case studies in strategy
plus one of the following electives:
+ MKT6150 Competition and consumer law
+ MKT6271 Product management and planning
+ MKT6281 Sales management
+ MKT6290 Management of retail enterprises
+ MKT6301 Services marketing
+ MKT6331 Advanced marketing research analysis
+ MKT6341 Marketing in foreign environments
+ MKT6381 Business marketing
+ MKT6660 Relationship marketing and service quality management
+ MGM6800 Managing people and organisations
or with the approval of the course director any other graduate-level subject
offered by Monash University.
An additional course requirement is that candidates who have not successfully
completed a tertiary level statistics subject, must enrol in and successfully
complete, the `Statistics for marketers' bridging course offered by the
Department of Marketing. This additional subject is normally attempted at the
end of first semester, prior to the commencement of second semester.
Furthermore all candidates may be required to sit for a preliminary statistics
test to determine their current level of statistical knowledge.
Course code: 0380
Course director: Dr Nick Beaumont
The course
The Graduate Diploma in Operations Management is a part-time course which has
been designed to provide executives with key manufacturing and service
management knowledge and skills. The diploma emphasises internationally
competitive practices. It comprises eight units and is structured so that it
can be completed in three consecutive semesters (including a summer semester),
on a part-time basis. Normal course duration is two years part-time. The
diploma forms the first half of the Master of Business (Operations Management)
degree. The course blends modern theory with practical applications drawn in
part from students' workplace experience.
Objectives
On completion of this course students will be able to:
+ demonstrate the knowledge and skills required of excellent operations
managers;
+ understand the use of advanced technologies and methodologies to gain
and maintain a strategic advantage;
+ use operations management concepts and skills to enable their companies
to become internationally competitive;
+ manage cross-functional teams and projects and manage change;
+ understand new business, environmental and social responsibilities;
+ understand the opportunities and challenges for Australian manufacturing
and service companies.
Entrance requirements
Normally applicants require a pass degree or an equivalent qualification from a
recognised tertiary institution. A key selection criteria will be an assessment
of whether the applicant possesses the experience and ability to successfully
complete the course. Previous academic achievements and work experience will be
considered in this assessment. Applicants without a first degree who have at
least six years senior management experience should consult the course director
as to the availability of an executive certificate in the discipline area.
Venue
Evening classes are offered at the Caulfield campus.
Credit for work done elsewhere
Please refer to the course director for the Graduate Diploma in Operations
Management for details relating to credit transfers.
Course structure
The course for the graduate diploma comprises eight subjects selected from the
following twelve. (Candidates who have qualified for a graduate certificate
shall be required to complete four subjects only.)
(a) Six subjects shall be completed from the following compulsory core
subjects:
+ MGM6510 Manufacturing business strategies
+ MGM6520 Manufacturing management technologies
+ ACC6540 Finance for advanced manufacturing
+ MGM6550 People development and management
+ MGM6571 Research project (2 units)
or
+ MGM6581 Overseas study tour (2 units)
(b) An additional two subjects shall be completed from the following subject
list:
+ MGM6530 Innovation in manufacturing management
+ MGM6560 Manufacturing systems integration
+ MGM6720 Managing in a changing environment
+ MKT6780 Marketing concepts and strategies
+ MGM6880 Managing quality and productivity
+ MGM6011 An elective from the Graduate Diploma in Business Management
Course code: 0399
Course director: Mr Wayne Gumley
The course
This two-year part-time full-fee-paying course offers specialised studies in
taxation for people practising in the taxation area or who wish to obtain
taxation specialisation.
The course is directed at practitioners in the areas of accounting, law and
financial management who are either professional tax advisers or regularly
dealing with taxation issues in the normal course of their employment. It is
also suitable for new graduates seeking to qualify with a tax specialisation at
the outset of their careers.
Objectives
The graduate diploma course will provide students with a detailed understanding
of the concepts and general principles of Australian taxation law and practice
through an examination of legislation, case law and income tax law rulings. In
particular the course will enable students to:
+ acquire a specialist taxation qualification
+ develop practical analytical skills in the interpretation of revenue
law
+ develop the conceptual understanding required to bring together the
application of knowledge in different areas of revenue law and general business
law in the integrated resolution of taxation problems arising in modern
business transactions.
On completion of the Graduate Diploma in Taxation students will have acquired
relevant skills necessary to identify and solve a range of practical taxation
problems through the application of relevant legislation and case law.
Entrance requirements
Normally applicants require a pass degree or an equivalent qualification from a
recognised tertiary institution. A key selection criteria will be an assessment
of whether the applicant possesses the experience and ability to successfully
complete the course. Previous academic achievements and work experience will be
considered in this assessment. Applicants without a first degree who have at
least six years senior management experience should consult the course director
as to the availability of an executive certificate in the discipline area.
Professional accreditation
This course meets the educational requirements for taxation specialisation
designation from the Australian Society of Certified Practising Accountants.
Venue
Evening classes are offered at the Caulfield campus.
Credit for work done elsewhere
Please refer to the course director for the Graduate Diploma in Taxation for
details relating to credit transfers.
Course structure
Year one
First semester
+ FIN6460 Capital gains tax
+ FIN6480 International tax
Second semester
+ FIN6450 Taxable entities
+ FIN6440 Taxation administration
Year two
First semester
+ FIN6500 Indirect and other taxes
+ FIN6390 Penalties and prosecutions
Second semester
+ FIN6470 Superannuation, retirement and fringe benefit taxes
+ FIN6490 Current issues in taxation and tax planning
| Outline of graduate studues - Caulfield and Peninsula Part 1
| Business & Economics Handbook contents
| Monash handbooks
| Monash University