Master of International Business

Course 324-AA (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

Year and Campus:	2009
Fees Information:	Subject EFTSL, Level, Discipline & Census Date
Level:	Graduate/Postgraduate

Contact

Melbourne Graduate School of Management

http://ecom-unimelb.custhelp.com

Course Overview:	This course aims to provide students with wide ranging skills that will enhance their effectiveness as managers working in international business. It provides a solid grounding in strategic thinking, relative to international and global market operations, and an understanding of how operating across borders impacts on functional areas (such as marketing, accounting, finance and HRM). This course should also develop an awareness of the policies governing the world trade and investment system, from the perspectives of a sovereign country, a regional trade bloc and a supra-national institutional (such as the IMF, World Bank and WTO). The course emphasises the Asia-Pacific region and pursues a cross disciplinary approach to analysing and solving complex problems.
Objectives:	1. Learning Goal Graduates of this degree will be: Able to generate and analyse data relevant for strategic management decisions in the area of international business. Learning objectives to achieve this goal On successful completion of this degree students will be able to: describe, explain and apply the fundamental principles of strategic management identify the various sources of sustained competitive advantage of firms engaged in international business evaluate the impact of cultural, political and environmental factors on decision making in international business. 2. Learning goal Graduates of this degree will be: Cognisant of the fundamental differences between doing business across borders and operating in a home market environment. Learning objectives to achieve this goal On successful completion of this degree students will be able to: identify how foreign markets, institutions and cultures differ from one another identify how policies related to trade, investment, intellectual property, and labor and environmental standards imposed by nation states and supra-national bodies impact on international business understand and moderate the impact cultural differences in the operation of international business understand the contested nature of globalization. 3. Learning Goal Graduates of this degree will be: Effective decision makers in international business and the related public policy domain. Learning objectives to achieve this goal On successful completion of this degree students will be able to: apply ethical principles and corporate governance strategies relevant to international business evaluate the applicability of various theories and techniques to international business issues employ a range of tools of analysis’ pertinent to the evaluation of evidence in international business sector use evidence based research techniques to support decisions. 4. Learning Goal Graduates of this degree will be: Critical thinkers in the field of international business and adept in developing solutions to problems Learning objectives to achieve this goal On successful completion of this degree students will be able to: explain and critically analyse factors that influence decision making within international firms and in their home and host countries identify issues and solutions in relation to the internationalization strategies of firms apply knowledge of theory to analyse case-based and hypothetical problems in a variety of domestic and international markets. 5. Learning Goal Graduates of this degree will be: Knowledgeable in the core areas of international business/international management and possess the capabilities to manage a range of functions within those organisations effectively Learning objectives to achieve this goal On successful completion of this degree students will be able to: describe the core areas of international management and the related management principles, theories and models analyse and evaluate the key competencies needed to become a successful international manager including strategic management, human resource management, marketing and other functional disciplines critically analyse international organisation’s problems and apply relevant models and theories to generate effective solutions.
Course Structure & Available Subjects:	Students enrolled in the eight-subject program will need to successfully complete 8 x 12.5 point semester-long subjects comprising six core subjects and two elective subjects over two semesters full-time or four semesters part-time. Students may commence in either Semester 1 or Semester 2.
Subject Options:	Six International Business core subjects: Subject Study Period Commencement: Credit Points: 316-680 Government and International Business Semester 1 12.500 325-664 Strategic Management Semester 1, Semester 2 12.500 325-683 Global Corporate Strategy Semester 1, Semester 2 12.500 325-689 Managing the Multinational Semester 1, Semester 2 12.500 325-691 Cross Cultural Management Semester 2 12.500 325-698 Governance and the International Firm Semester 2 12.500 Remaining two elective subjects selected from: Subject Study Period Commencement: Credit Points: 316-681 Asian Economies Not offered in 2009 12.500 325-656 Conflict and Negotiation Semester 2 12.500 325-676 Managing e-business Supply Chains Semester 1 12.500 325-679 Supply Chain Management Semester 2 12.500 325-681 International Marketing Management Summer, Semester 1 12.500 325-687 International Human Resource Management Semester 2 12.500 325-688 Asian Business and Management Semester 1 12.500 333-690 International Financial Management Semester 1, Semester 2 12.500 333-692 Financial Decision Making Semester 1, Semester 2 12.500
Entry Requirements:	An undergraduate degree in a relevant discipline, or equivalent, and at least two years documented, work and/or professional experience. Completion of the Graduate Management Admissions Test (GMAT) Personal Statement
Core Participation Requirements:	For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry. It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability
Graduate Attributes:	On successful completion of this course, students will be: • Able to generate and analyse data relevant for strategic management decisions in the area of international business • Cognisant of the fundamental differences between doing business across borders and operating in a home market environment • Effective decision makers in international business and the related public policy domain • Critical thinkers in the field of international business and adept in developing solutions to problems • Knowledgeable in the core areas of international business/international management and possess the capabilities to manage a range of functions within those organisations effectively • Critical evaluation of evidence in support of an argument or proposition • Problem solvers in international business/international management through the application of appropriate management theories, principles and data • Effective communicators of business and management ideas, theories and solutions to peers and the wider community • Able to synthesize ideas, theories and data in developing solutions to business and managerial problems • Ethical in their practice through a knowledge of corporate governance processes and implementation • Adept at retrieval of relevant information from a variety of sources • Effective team members through participation in collaborative exercises in class room discussion and written assessment
Generic Skills:	On successful completion of this program, students should have enhanced their skills in: • Critical evaluation of evidence in support of an argument or proposition • Problem solving in international business/international management through the application of appropriate management theories, principles and data • Communication of business and management ideas, theories and solutions to peers and the wider community • Ability to synthesize ideas, theories and data in developing solutions to business and managerial problems • Ethical practice through a knowledge of corporate governance processes and implementation • Retrieval of relevant information from a variety of sources • Teamwork through collaborative exercises in class room discussion
Notes:	*Please note: Entry to the Master of International Business 324 AA will not be available from Semester 1, 2009.* Please note the majority of classes are held after 6.00pm. Graduate Certificate in International Business Students enrolled in the Master of International Business who are either unable, or who choose not to continue with their studies, may be eligible to exit with a Graduate Certificate in International Business. Students must have successfully completed four International Business core subjects in order to be eligible to be awarded with the Graduate Certificate in International Business. Assessment Students must pass all eight subjects to qualify for the Master of International Business eight-subject program.

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