Graduate Diploma in International Business GradDipIntBus
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).
This distinctive specialised 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.
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.
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.
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.
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.
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).
Applicants require a pass degree or an equivalent qualification from a
recognised tertiary institution or an executive certificate from this faculty
with an average grade of credit or above.
This is a fee-paying course. Candidates should consult the Syme
Department of Banking and Finance as to the 1997 course fee. Course fees are
set and reviewed annually and are therefore subject to change.
The Graduate Diploma in International Business is normally completed in
four semesters of part-time study. The Asian business, international finance
and international management strands may also be completed in two semesters of
full-time study.
Evening classes are offered on-campus at the Caulfield campus.
Candidates may be eligible for a maximum of four credit exemptions for
subjects considered to be the equivalent of particular subjects in the course
of study. Please refer to the relevant course director for further details.
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 the second-semester intake.
First semester
- FIN9030 Asian economies
- FIN9190 International trade law
Second semester
- FIN9050 Asian business law
- MKT9500 International market dynamics
First semester
- FIN9040 Asian banking and finance
- MKT9531 International marketing policy and strategy
Second
semester
- MGM9070 Asian management
- FIN9210 International economics
First semester
- FIN9030 Asian economies
- FIN9190 International trade law
- FIN9040 Asian banking and finance
- MKT9531 International marketing policy and strategy
Second
semester
- MGM9070 Asian management
- FIN9210 International economics
- FIN9050 Asian business law
- MKT9500 International market dynamics
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 the second-semester intake.
First semester
- MGM9500 International management process
- FIN9190 International trade law
Second semester
- MKT9500 International market dynamics
- FIN9210 International economics
First semester
- MKT9531 International marketing policy and strategy
- FIN9230 Principles of international taxation
Second semester
- FIN9260 Australian capital markets
- FIN9160 International banking and finance
First semester
- MGM9500 International management process
- FIN9190 International trade law
- MKT9531 International marketing policy and strategy
- FIN9230 Principles of international taxation
Second semester
- MKT9500 International market dynamics
- FIN9210 International economics
- FIN9260 Australian capital markets
- FIN9160 International banking and finance
Students may enter the international marketing strand in either
semester. This sequence is available currently only on a part-time basis.
Second-semester intake only.
First semester
- MKT9500 International market dynamics
- FIN9210 International economics
Second semester
- MGM9500 International management process
- FIN9190 International trade law
First semester
- MKT9510 International marketing and logistics
- MKT9521 Marketing, planning and opportunity analysis
Second
semester
- MKT9531 International marketing policy and strategy
- MKT9541 Field project
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.
First semester
- MGM9610 International strategic management
- FIN9190 International trade law
Second semester
- MKT9500 International market dynamics
- FIN9210 International economics
First semester
- MGM9650 International operations management
- MGM9620 International industrial and employee relations
Second
semester
- MGM9640 Cross-cultural management communication and negotiation
- MGM9630 International human resource management
First semester
- MGM9610 International strategic management
- FIN9190 International trade law
- MGM9650 International operations management
- MGM9620 International industrial and employee relations
Second
semester
- MKT9500 International market dynamics
- FIN9210 International economics
- MGM9640 Cross-cultural management communication and negotiation
- MGM9630 International human resource management
Students with a specialisation in Asian business may apply for entry to
the Master of Arts in Asian Studies offered by the Faculty of Arts.
Those with a specialisation in international finance may consider the Master of
Business (Banking and Finance). This coursework/minor thesis masters is offered
by the Syme Department of Banking and Finance. Graduate holders require a
credit average or above to gain entry.
Those with a specialisation in international management may apply for entry
into the Master of Business Administration offered by the Monash Mt Eliza
Business School, Caulfield.
Handbook Contents
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Authorised by the Academic Registrar December 1996
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