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Requisite map

Overview

International business provides you with an inter-disciplinary understanding of issues affecting contemporary international firms, their strategy, corporate policies and operations. International business develops your knowledge and skills for the international economic, financial, political, legal, managerial and strategic environment of business.

Depending upon the elective units selected in Part D, you may gain an accounting accreditation.

Course structure

Course rules

In choosing your units, you must ensure that you complete no more than 10 units (60 credit points) at level 1 and at least six units (36 credit points) at level 3, including four units (24 credit points) at level 3 offered by the Faculty of Business and Economics.

Part A. Foundation business knowledge36 credit points

You must complete 30 credit points from the following units. You must complete ETF1100 or ETX1100. You must complete ECF1200 or ECX1200. You must complete MGF1010 or MGX1010.

Accounting unit

6 credit points

You must complete one of the following units.
Note: You must complete ACF1100 or ACX1100 if you intend to gain an accounting accreditation.

Part B. Specialist discipline knowledge and capstone unit36 credit points

You must complete the following units. MGX3121 International business strategy is the capstone unit

a. Additional units

12 credit points

You must complete 12 credit points from the following units

b. Integrating unit

6 credit points

You must complete one of the following units

Part C. Project, internship, foreign language, international experience or flagship rich experience24 credit points

You must complete four units (24 credit points) from the following. A combination of a. and b. and c. and d. is allowed.

a. Project and internship

b. International experience

c. Foreign language

One foreign language area of study: Chinese studies, Indonesian studies, Japanese studies, Korean studies or European languages (which includes: German, French, Italian or Spanish).

d. Flagship rich educational experience

You can enrich your degree to hone your academic and professional skills with a range of Flagship Rich Educational Experiences (FREE), including the Research, Experimentation and Discovery, Monash Innovation Guarantee and Global Immersion Guarantee. These flagship rich educational experience units may be credited, if approved by the faculty. There are both 6 and 12 credit point unit options available

Part D. Free elective study48 credit points

You must complete 48 credit points of study.
Electives can be chosen from across the University, including completing a major or minor from another course if you have met the required prerequisites and there are no restrictions on enrolling in the units.
Enrolment in Faculty of Business and Economics units at campuses other than the campus of enrolment is subject to there being capacity after students from that campus have enrolled. You should also be aware of travel and timetabling limitations.

The handbook's description of this structure

The course develops through the themes of foundation business knowledge, specialist discipline knowledge, capstone experience, and in addition includes a project, internship, foreign language, international experience or a flagship rich experience as well as elective study.

Part A. Foundation business knowledge

This will provide you with a study of accounting, economics, econometrics, management and marketing disciplines and the impact they have on decision making in organisations.

Part B. Specialist discipline knowledge and capstone unit

These studies will develop and consolidate your capacity as a critical and creative professional who is able to apply your knowledge of international business to provide discipline-based solutions for business.

Part C. Project, internship, foreign language, international experience or flagship rich experience

The experiential unit will consolidate your knowledge and skills acquired through the study of international business and provide experience in multi-disciplinary processes and decision making. You may select your units from any combination of Study abroad, internship, and exchange experience or one foreign language area of study (Chinese studies, Indonesian studies, Japanese studies, Korean studies or European languages (which includes: German, French, Italian or Spanish).

Part D. Free elective study

These are free electives which will enable you to further your knowledge of international business, or business more broadly, or to select units from across the University in which you are eligible to enrol.

Course progression map

The course progression map provides guidance on unit enrolment for each semester of study.

You must complete units as specified in Parts A, B, C and D (144 points): including 96 points of study in Parts A, B and C, and 48 points of free electives in Part D.

In choosing your units, you must ensure that you complete no more than 10 units (60 points) at level 1 and at least six units (36 points) at level 3, including four units (24 points) at level 3 offered by the Faculty of Business and Economics.

Units are 6 points unless otherwise stated.

Part A. Foundation business knowledge (36 points)

You must complete:

ACF1100/ACX1100 Introduction to financial accounting or ACF1200/ACX1200 Accounting for managers
ECF1100 Microeconomics
ECF1200 Macroeconomics/ECX1200 Macroeconomics
ETF1100/ETX1100 Business statistics
MGF1010 Introduction to management/MGX1010 Introduction to management
MKF1120 Marketing theory and practice

Part B. Specialist discipline knowledge and Capstone unit (36 points)

You must complete the following three units (18 points):

BTX3110 International trade law
MGF2351 International business
MGX3121 International business strategy*

*Is a Capstone unit

a. You must complete two units (12 points) from the following:

ECX2630 Chinese economy and global business
ECX2641 Rising South Asia and global business
ECX2642 Southeast Asian economies and global business
ECX2631 The Australian economy
ECX3550 Business in Asia
ECX3750 European economy and global business
MGF3681 International management
ECF3800 The wealth and poverty of nations

b. You must complete one unit (6 points) from the following

Integrating units:

BEX2000 Digital technology and business
BEX2400 Business relationships and communication in a technology driven world
BEX2401 Complexity in business
BEX2421 Harnessing big data for business and society
BEX2500 Integrative thinking in a dynamic world
BEX2511 Scenarios: trends and disruptions

Part C. Project, internship, foreign language, international experience or flagship rich experience (24 points)

You must complete four units (24 points) from the following. A combination of a., b., c. and d. is allowed.

a. Project and Internship:

BEX3006/BEX3106 Industry placement
BEX3012/BEX3112 Industry placement (12 points)
BEX3024 Industry placement (24 points)

b. International experience:

ACX3500 International study program in accounting
BEX3412 Innovation and entrepreneurship in Silicon Valley
BEX3413 Entrepreneurship and creativity in an international context
BEX3622 Issues in global business
BEX3722 Engaging with international business
BEX3723 Engaging with international business
BEX3724 Engaging with international business
BEX3725 Engaging with international business
BEX3726 Engaging with international business - Data science and AI at HEC Montreal
BEX3727 Engaging with international business - Latin America
BEX3728 Engaging with international business (12 points)
BEX3730 Engaging with international business - Asia (12 points)
BFX3871 International study program in banking and finance
ECX3750 European economy and global business
MGX3831 European business and society
MKX3521 Global study programs in marketing

(Please refer to Global Study Experience for further information)

c. Foreign language area of study:

Chinese studies, Indonesian studies, Japanese studies, Korean studies or European languages (which includes: German, French, Italian or Spanish)

d. Flagship rich educational experience

You can enrich your degree to hone your academic and professional skills with a range of Flagship Rich Educational Experiences (FREE), including the Research, Experimentation and Discovery, Monash Innovation Guarantee and Global Immersion Guarantee. These flagship rich educational experience units may be credited, if approved by the faculty. There are both 6 and 12 credit point unit options available :

ATS2992 Global immersion guarantee program
BEX2750 Monash innovation guarantee

Part D. Free elective study (48 points)

Electives can also be chosen from across the University, including to complete a major or minor from another course if you have met the required prerequisites and there are no restrictions on enrolling in the units. Enrolment in Faculty of Business and Economics units at campuses other than the campus of enrolment is subject to there being capacity after students from that campus have enrolled. You should also be aware of travel and timetabling limitations.

For students in a double degree course, some units required for the other degree are credited as electives towards this International Business degree.

Areas of study

Other areas of study (5)

Learning outcomes

These course outcomes are aligned with the Australian Qualifications Framework and Monash Graduate Attributes.

Upon successful completion of this course it is expected that you will be able to:

1
be critical and creative scholars who produce:
- innovative solutions to problems
- apply research skills to business challenges
- communicate effectively and perceptively
2
be responsible and effective global citizens who:
- engage in an internationalised world
- exhibit cross-cultural competence
- demonstrate ethical values
3
demonstrate broad knowledge and technical skills in business and provide discipline based solutions relevant to the business, professional and public policy communities that we serve
4
use international business knowledge to enhance opportunities and to resolve challenges confronting international organisations
5
demonstrate a well-developed understanding of multidisciplinary decision making in organisations via application of knowledge from core business discipline areas.

Entry requirements

Guaranteed ATAR and selection rank

75; International: UERT Year 12/Foundation Band 3+ (82.5-84.99); UERT Post-Secondary Band 2 (Credit)

Other applicants

All applicants must satisfy the equivalence of the VCE subject prerequisites.

VET Certificate IV, Diploma or Advanced Diploma graduates:

Applicants will require a minimum 60% average to be considered for selection. Preference will be given to applicants whose prior studies are related to the course. Programs that involve competency-based assessment without grades or marks will not be sufficient to meet admission requirements.

Monash College entry requirements:

Diploma of Business (Business stream) Part 2 average: 62%
Monash University Foundation Year average: 70%

Higher education studies:

Applicants will be require a minimum 60% average to be considered for selection. Preference will be given to applicants whose prior studies are related to the course. A minimum of two single units must be completed in order to meet minimum admission requirements.

English language

Monash Level A, that is: IELTS (Academic): 6.5 overall (no band lower than 6.0); or Pearson Test of English (Academic): score of 58 overall with no band lower than 50; or TOEFL Internet-based test: score of 79 overall with minimum scores: Writing: 21, Listening: 12, Reading: 13 and Speaking: 18; or Equivalent approved English test

Pathways

Monash College - Diploma of Business
Monash Transition Program

Articulation agreements:
Amity University (2+2) Exp: 01-Jul-25
Abu Dhabi University (2.5+1.5) Exp: 12-Jul-24
Shanghai University (2+2) Exp: 10-Dec-22
Sichuan University (1+2) Exp: 5-Apr-21 *Renewal in progress
Dongbei University of Finance and Economics (2+2) Exp: 11-Nov-24
FPT University (2+2) Exp: 02-Jun-26
Guangdong University of Finance (2+2) Exp: 12-Dec-24
Beijing Foreign Studies University (2+2) Exp: 19-May-24
Beijing Institute of Technology (2+2) Exp: 19-May-24
Henan University (2+2) Exp: 17-Apr-24
International University, Vietnam National University (1.5+1.5) Exp: 12-Dec-26
Central South University (2+2) Exp: 25-Nov-25
Beijing Normal University, Zhuhai (2+2) Exp: 10-May-23
Beijing Jiaotong University (2+2) Exp: 23-Jan-22 *Renewal in progress
Hanoi University of Science and Technology (HUST) (2.5+1.5) Exp: 07-Aug-26
Hunan University (2+2) Exp: 19-Jul-26
University of Danang, Institute for Research and Executive Education (VNUK) Exp: 17-Aug-25
South China Agricultural University (SCAU) (2+2) Exp: 23-May-27
Shanghai University of Finance and Economics (1.5+2) or (2+2) Exp: 30-Sep-26
Shanghai International Studies University (2+2) Exp: 13-Jan-27
Southwestern University of Finance and Economics (SWUFE) (2+2) Exp: 28-Feb-27
Vidyalankar School of Information Technology, University of Mumbai (1.5+2) or (2+1.5) or (2+2) Exp: 01-Feb-26
Zhengzhou University (ZZU) (2+2) Exp: 25-Jul-26

More information

Progression to further studies

Successful completion of this course may provide a pathway to the one year honours program Bachelor of Commerce (Honours) (B3701). Applicants must have completed a bachelor degree, with a specialisation in the related discipline and have achieved a distinction grade average (70%) or above in 24 credit points of studies in relevant discipline units at level 3. In addition, some fields require particular level 3 units to be completed for admission to honours.

Professional accreditation

Subject to unit choice, this degree is accredited by relevant Australian professional bodies. Refer to the Monash Business School professional recognition website.

Notes for students

You can enrich your degree to hone your academic and professional skills with a range of Flagship Rich Educational Experiences (FREE), including the Research, Experimentation and Discovery, Monash Innovation Guarantee and Global Immersion Guarantee. These flagship rich educational experience units may be credited, if approved by the faculty.

There are both 6 and 12 credit point unit options available.* For information on eligibility please see FREE.

Other information

International business provides you with an inter-disciplinary understanding of issues affecting contemporary international firms, their strategy, corporate policies and operations. International business develops your knowledge and skills for the international economic, financial, political, legal, managerial and strategic environment of business.

Depending upon the elective units selected in Part D, you may gain an accounting accreditation.

Common questions

How long is Bachelor of International Business?

3 years full time, 144 credit points. At 24 credit points a semester, that is 6 semesters of full-time study.

What ATAR do I need for Bachelor of International Business?

The guaranteed ATAR listed for 2023 entry is 75.

Where can I study Bachelor of International Business?

At Caulfield.

How do I plan my Bachelor of International Business units?

Open the course in the MonMap planner. It lays out your semesters, checks prerequisites as you drag units in, and tracks the credit points each requirement still needs.

Course details

Qualification: Bachelor Degree
AQF level: Level 7
Credit points: 144
Full time: 3 Years
Part time: 6 Years
Maximum time: 8 years

Faculty: Faculty of Business and Economics
CRICOS code: 103001J
Abbreviation: BIntBus
Award title: Bachelor of International Business
Handbook years: 2020 2021 202220232024