Graduate Diploma in International Business - GradDipIntBus
Course code: 0397
Course directors: Ms Alice de Jonge (Asian business strand), Professor Michael
Skully (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 Department of
Taxation and Business Regulation as to the 1998 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 equivalent to particular subjects in the course of
study. Please refer to the relevant course director for further details.
The course consists of the following eight core subjects:
- ECF9030 Asian economies
- AFF9190 International trade law
- TBF9050 Asian business law
- MKF9500 International market dynamics
- AFF9040 Asian banking and finance
- MKF9531 International marketing policy and strategy
- MGF9070 Asian management
- AFF9210 International economics
The course consists of the following eight core subjects:
- MGF9500 International management process
- TBF9190 International trade law
- MKF9500 International market dynamics
- AFF9210 International economics
- MKF9531 International marketing policy and strategy
- TBF9230 Principles of international taxation
- AFF9260 Australian capital markets
- AFF9160 International banking and finance
The course consists of the following eight core subjects:
- MKF9500 International market dynamics
- AFF9210 International economics
- MGF9500 International management process
- TBF9190 International trade law
- MKF9510 International marketing and logistics
- MKF9521 Marketing, planning and opportunity analysis
- MKF9531 International marketing policy and strategy
- MKF9541 Field project
The course consists of the following eight core subjects:
- MGF9610 International strategic management
- TBF9190 International trade law
- MKF9500 International market dynamics
- AFF9210 International economics
- MGF9650 International operations management
- MGF9620 International industrial and employee relations
- MGF9640 Cross-cultural management communication and negotiation
- MGF9630 International human resource management
Depending upon the specialisation undertaken, students may be eligible
for admission to the following masters degrees: Master of Business (Banking and
Finance), Master of Arts (Asian Studies), Master of Business Administration.