International business study area guide 2015

Don’t let your career be defined by bordersInternational Business

business.monash.edu

Studying international business is thoroughly enjoyable and the degree appealed to me because you can complete it in just two years. We’re encouraged to ask a lot of questions, and because the classes are small they are very interactive. The strong industry focus also helps to explain how businesses work in the real world, and provides a strong link between theory and reality.Eugenie WongBachelor of International Business. Sequence: International Business

What is international business? Almost everything we do today has an international aspect. Today’s global climate means businesses of all sizes need to know how to operate in an international environment. People with the skills to work across cultures and borders are required in:

— small companies that use overseas suppliers

— big brands that operate in all four corners of the globe

— professional firms, including law and accountancy firms, that advise Australian companies with international operations, or help international companies looking to set up operations in Australia

— governments, who facilitate trade negotiations and investments.

Why study international business?International business provides an in-depth understanding of the challenges and opportunities facing organisations around the world. Not only will you learn how to understand and work in different cultures, but you will also learn how to work with, and manage, people from different countries and backgrounds — a vital skill for top executives.

International business skills will help you adapt to the evolving world of business, and give you the flexibility to work in a number of legal and government frameworks. You will also learn about international supply chains; the importance of understanding the global economy, and gain a global perspective that will help you consider the ethical implications of operating in international environments.

If you’re interested in International Business we have two degrees on offer:

Bachelor of International Business

Bachelor of Business (major in International Business)

Why study international business?Studying international business is your passport to a career in the global economy, equipping you to work anywhere in the world.

Careers in international businessThere are a number of roles that require people with an understanding of business on a global scale. As international business is a broad field, the jobs that come with it are just as varied. Studying international business at Monash Business School will give you the opportunity to apply your knowledge in a global business context. Whether you’re working for a multi-million dollar company or a small start-up, studying international business will give you the ability to work across different fields and in different countries.

As an international business graduate you can:

— Advise on the impact of international tax laws and currencies as an international accountant.

— Pursue a career as a foreign affairs adviser, diplomat or business analyst.

— Manage imports and exports for international trading companies or work with governments on import and investment promotion activities.

— Work as an international economist, providing advice to companies and firms about economic trends and projections.

— Become a general manager, marketing executive or supply chain manager for a large, multinational company.

Bachelor of International BusinessThe Bachelor of International Business is a specialist degree designed for driven students who want to become the global business leaders of the future. The degree adopts a trimester model, which means there are three teaching periods a year. This structure allows you to complete your degree in two years instead of three. You will study at our city location, in a new, custom-designed space in the heart of Melbourne’s bustling business hub. You will gain an understanding of international business principles — business operations, international relations, trade and investments, the effects of politics and culture — and learn to apply your knowledge in a global business context.

The degree offers the choice of two specialist sequences, giving you the opportunity to tailor your studies to your career goals.

— Select the international business sequence to pursue a career in a multinational company as an entrepreneur, foreign affairs adviser, risk analyst, marketing manager, or import/export adviser.

— Or choose the professional accounting sequence and study foundation units to satisfy the educational requirements for associate membership of and entry to the CPA Program of CPA Australia.

This degree adopts a flipped classroom teaching style where students gain first exposure to new material outside of class, typically through videos and readings. The class time is used to solidify the learning through strategies such as discussions, debates and problem solving.

Designed with student needs in mind, the learning environment ensures you have the support to succeed. With smaller class sizes, you will have greater interaction with teaching staff, as well as be encouraged to participate, collaborate, and express your opinions. A more intimate learning environment also means you’ll have more opportunity to develop interpersonal skills, and build strong relationships within a diverse community of like-minded students.

Location: City, 271 Collins St

International businessA major in International Business provides you with an interdisciplinary understanding of issues affecting contemporary international firms, their strategy, corporate policies and operations. International business develops your knowledge and skills for the global economic, financial, political, legal, managerial and strategic environment of business.

Offered in: Bachelor of Business

Location: Caulfield campus

A world of opportunityMonash Business School is an excellent place to study international business, and we have two exciting opportunities on offer.

International business gives you the tools to operate across cultures and borders and will open the doors to a truly global career.

Enhance your studies

International business can’t be taught in a classroom alone. That’s why our international business degrees are designed to give you practical, global experiences as part of your degree.

Industry-based learning placementBy choosing to undertake an industry placement, you’ll have the opportunity to work at a leading Melbourne organisation. You’ll be able to apply your learning and begin to form professional relationships. An internship is a great way to build your skills and confidence and get practical experience to add to your CV.

International exchangeIf you choose the study abroad option you will head to one of Asia’s leading universities and gain first-hand experience of international business practices and cultures. The study abroad component of the degree gives you the opportunity to get out of the classroom and into the world. You’ll apply your learning in a new environment and learn more about different cultures and practices. You’ll also have the opportunity to start developing a network of international contacts.

Did you know that a Professional Accounting sequence may satisfy the educational requirements for professional registration or membership?

Subject to elective choices, you may meet accreditation requirements for associate membership of CPA Australia and the Institute of Public Accountants (IPA); entry to the Chartered Accountants Program of Chartered Accountants Australia and New Zealand or the Chartered Institute of Management Accountants (CIMA) Program and the Association of Chartered Certified Accountants (ACCA Australia and New Zealand). Students may also be eligible for professional registration or membership of other professional associations.

Professional recognition

For more information visit our website business.monash.edu

“The flipped classroom method took a little time to get used to, but I’ve found it really beneficial. Being able to communicate with the lecturer instantly is really good, and I don’t feel like I’m getting lost in a crowd of people or blending into the background. Getting instant feedback and having concepts explained personally is great!”

“Being able to work in groups is a vital element in business and it’s particularly important when you are trying to understand and learn from other people. I love this aspect of the course as I am able to work with people from a range of backgrounds and cultures, which is an important skill to have in the workforce.”

“The best thing about the Bachelor of International Business is hearing from the industry speakers. It’s great to be able to hear people’s experiences and I learn a lot from these sessions. The flipped classroom model really suits me. I get a better understanding of the content because it gives me the opportunity to familiarise myself with the new material and then ask questions in the workshops. I also love the location, the city is always buzzing and there are so many easy transport options to get there.”

Zoe Tselepatiotis

Course: Bachelor of International Business

Isabella Jenzen

Course: Bachelor of International Business

Paul Buckingham

Course: Bachelor of International Business

What our students say...

The information in this brochure was correct at time of publication (August 2015). Monash University reserves the right to alter this information should the need arise. You should always check with the relevant Faculty office and Monash website when considering a course. CRICOS Provider: Monash University 00008C