The Master of International Business (MIB) advances your business knowledge and gives you the skills to operate with an international perspective. The MIB includes an internationally focused specialisation in international business. The course is designed for recent graduates, and also provides an accelerated path for those with relevant work experience. The MIB will build on your undergraduate credentials and further strengthen your business skills. You will develop advanced and vital skills in problem solving, research, and communication. These skills will be demonstrated in an internationalised world, exhibiting cross-cultural competence and ethical values. The MIB can also provide a research pathway for students interested in higher degrees by research. The course will provide a comprehensive understanding of international business enabling students to provide discipline-based solutions relevant to the business, professional and public policy communities we serve.
The specialisation investigates inter-disciplinary contemporary international business. You will be engaged with international management, law, finance, economics, marketing, and strategy, enabling analytical skills that can be applied in a variety of organisational settings. International business develops your strategic and operational international business knowledge and skills, particularly for the complexity of contemporary environments. The specialisation prepares you for international business roles across the corporate, governmental and non-profit sectors.
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 graduates 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
- have a comprehensive understanding of their discipline and be able to provide discipline-based solutions relevant to the business, professional and public policy communities we serve
- have advanced knowledge to master's level in international business.
The course is structured in three parts. Part A. Advanced preparatory studies, Part B. Mastery knowledge and Part C. Application studies.
Part A. Advanced preparatory
Preparatory studies provide you with a solid foundation of knowledge and skills across core business disciplines and a valuable contextual basis for further business study.
Students at Monash South Africa will have already met these requirements in prior studies and will receive credit for this part.
Part B. Mastery knowledge
These units will develop your capacity as a critical and creative professional who is able to apply your knowledge of international business, for business and political contexts.
Part C. Application studies
The focus of these studies is professional or scholarly work that can contribute to a portfolio of professional development in international business.
The course comprises 96 points structured into three parts: Part A. Advanced preparatory studies (24 points), Part B. Mastery knowledge (48 points) and Part C. Application studies (24 points).
- Students admitted at entry level 2, complete 72 points, comprising Parts B and Part C.
- Students admitted at entry level 3 complete 48 points, comprising Part B.
Note: Students eligible for credit for Part C may elect not to receive the credit and complete the higher credit-point option.
The course progression mapcourse progression map (http://www.monash.edu.au/pubs/2018handbooks/maps/map-2098.pdf) will assist you to plan to meet the course requirements, and guidance on unit enrolment for each semester of study.
Units are 6 credit points unless otherwise stated.
Part A. Advanced preparatory studies (24 points)
Students at Monash South Africa will have already met these requirements in prior studies and will receive credit for this Part.
Part B. Mastery knowledge (48 points)
Students complete eight units (48 points):
- BFS5959 Accounting and finance for international managers
- BTS5919 International trade law
- ECS5921 Introduction to international economics
- MGS5181 International business strategy
- MGS5310 International management
- MGS5640 Cross-cultural management communication
- MGS5966 International business theory and practice
- MKS5955 Marketing and the international consumer
Part C. Application studies (24 points)
Students complete three research pathway units (24 points):
- MGS5000 Introductory management research methods
- MGS5901 Research report (introduction)
- MGS5900 Research report (12 points)
Progression to further studies
Students complete a program of study (24 points) that will provide a pathway to a higher degree by research.