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150 Point Master of International Business
Informal specialisationYear: 2017
150 Point Master of International Business
Contact information
Coordinator
Dr Helen Hu
Currently enrolled students:
- General information: https://ask.unimelb.edu.au
- Contact Stop 1
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.
Intended learning outcomes
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 body of knowledge, including recent developments guiding strategic management;
- Identify the various sources of sustained competitive advantage of firms engaged in international business; and
- 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 and explain how foreign markets, institutions and cultures differ from one another;
- Identify and explain how policies related to trade, investment, intellectual property, and labour and environmental standards imposed by nation states and supra-national bodies impact on international business;
- Understand and moderate the impact of cultural differences in the operation of international business; and
- Understand and communicate 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 and communicate decisions;
- Demonstrate a capacity to successfully work independently with personal accountability; and
- Execute a project requiring research of real-world application.
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; and
- 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 and creative solutions; and
- Demonstrate creativity and initiative in the application of knowledge to problem solving and innovation.
Last updated: 18 December 2020