B6005 Master of Business

The course is structured in three parts: Part A. Advanced preparatory, Part B. Mastery knowledge and Part C. Application studies. All students complete Part B. Depending upon prior qualifications, you may receive credit for Part A or Part C or a combination of the two.

Part A. Advanced preparatory

These studies will introduce you to core business disciplines and the impact they have within organisations. The units cover various disciplines and further your understanding of complex business environments.

Part B. Mastery knowledge

The focus of these studies is to develop your specialist expertise in a business discipline and provide the research skills or knowledge needed either to undertake independent research or for the capacity to work and communicate across the borders of discipline, context or culture.

Part C. Application studies

The focus of these studies is professional or scholarly work that can contribute to a portfolio of professional development.

Master's entry points

• If you are admitted at entry level 1 you must complete 96 credit points, comprising Part A, Part B and Part C.
• If you are admitted at entry level 2 you must complete 72 credit points, comprising Part B and Part C.
• If you are admitted at entry level 3 you must complete 48 credit points, comprising of Part B a (24 credit points) and 24 credit points from Part B b and c.

Note 1: If you are admitted at entry level 3 you will be unable to complete a specialisation.
Note 2: If you are eligible for credit for prior studies you may elect not to receive the credit and complete one of the higher credit-point options.

Course progression map

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

The course comprises 96 points structured in three parts: Part A. Advanced preparatory (24 points), Part B. Mastery knowledge (60 points) and Part C. Application studies (12 points).

• If you are admitted at entry level 1 you must complete 96 points, comprising Part A, Part B and Part C.
• If you are admitted at entry level 2 you must complete 72 points, comprising Part B and Part C.
• If you are admitted at entry level 3 you must complete 48 points, comprising of Part B a (24 points) and 24 points from Part B b and c.

Note 1: If you are admitted at entry level 3 you will be unable to complete a specialisation.

Note 2: If you are eligible for credit for prior studies you may elect not to receive the credit and complete one of the higher credit-point options.

Units are 6 credit points unless otherwise stated.

Part A. Advanced preparatory (24 points)

You must complete four units selected from:

• ACF5903 Accounting for business
• BTF5903 Law and commercial decisions
• ECF5953 Economics or ECF5927 Managerial economics
• ETF5900 Business statistics
• MGF5962 Principles of management
• MKF5955 Marketing management: Theory and practice

Part B. Mastery knowledge (60 points)

a. You must complete four units:

• ADA5111 Design thinking for business
• APG5122 Corporate sustainability
• BEX5601 Business environment 
• BEX5604 Professional development

You must complete b. or c. below:

b. Six units (36 points) from a specialisation listed below

OR 

c. Six units (36 points) at level 5 with at least 24 points which must be from the Faculty of Business and Economics.

Units from c. can be identified using the [[http://www.monash.edu.au/pubs/handbooks/units/search][browse units]] tool and [[http://www.monash.edu.au/pubs/handbooks/units/][indexes of units]] in the current edition of the Handbook. The level of the unit is indicated by the first number in the unit code. 

Contemporary management

You must complete:

• MGF5020 Business ethics in a global environment
• MGF5130 Managing diversity and inclusion
• MGF5600 Managing innovation or MGF5690 Services and operations management
• MGF5630 Principles of negotiation
• MGF5640 Cross-cultural management communication
• MGF5928 Strategic leadership

Entrepreneurship 

You must complete:

• BEX5114 Start-up finance and accounting
• BEX5411 Entrepreneurship and creativity
• BEX5413 Technology and innovation for start-ups
• BEX5415 Start-up fastrack 1
• BEX5416 Start-up fastrack 2
• BTF5120 Law for entrepreneurs

Financial and risk management

You must complete the following four units (24 points):

• BFF5902 Introduction to risk management
• BFF5954 Business finance
• BFF5956 Corporate financing decisions
• BFF5958 Financial markets and intermediation

And two of the following units (12 points):

• BEX5200 Climate change and carbon management strategies
• BTF5910 Corporate sustainability regulation
• ETF5231 Business forecasting
• ETF5500 High dimensional data analysis
• ETF5600 Quantitative analysis of limited dependent variables
• ETF5910 Introductory applied econometrics
• ETF5912 Data analysis in business
• ETF5922 Data visualisation and analytics 
• ETF5952 Quantitative methods for risk analysis

International business

You must complete:

• BTF5919 International trade law
• ECF5921 International economics
• MGF5181 International business strategy
• MGF5310 International management
• MGF5640 Cross-cultural management communication
• MKF5260 International marketing

Marketing

You must complete the following four units (24 points):

• MKF5911 Theory and process of buyer behaviour
• MKF5912 Marketing research
• MKF5926 Integrated marketing communication
• MKF5955 Marketing management: Theory and practice

And two of the following units (12 points):

• BTF5150 Intellectual property and marketing law
• ETF5922 Data visualisation and analytics
• MKF5260 International marketing
• MKF5630 Services marketing
• MKF5981 Retailing
• MKX5123 Entrepreneurial innovation

Responsible business governance

You must complete:

• BTF5345 Human rights and global business

And five of the following units (30 points):

• BTF5000 Current issues in corporate governance and regulation
• BTF5001 Business regulation and compliance
• BTF5060 Work and the law
• BTF5160 Globalisation of law and development in Asia
• BTF5910 Corporate sustainability regulation
• BTF5919 International trade law
• MGF5760 Institutions and organisations

Strategic communications management

You must complete:

• APG5365 Principles of global communications

And five of the following units (30 points):

• APG5366 Strategic communications in a digital era
• APG5367 Campaigns, advocacy and change
• APG5373 Engaging audiences
• APG5374 Data analytics in communications
• APG5380 Public relations in a global context
• APG5381 Crisis communications and issues management

Supply chain management

You must complete six of the following units (36 points):

• ETF5650 Business optimisation skills
• FSC5051 Advanced food marketing and product innovation
• MGF5600 Managing innovation
• MGF5611 Advanced supply chain management
• MGF5690 Services and operations management
• MGF5691 Sustainable operations and supply chain management
• MGF5961 Supply chain management

Part C. Application studies (12 points)

You must complete two units (12 points) at either level 4 or 5. Elective units may be chosen from the Faculty of Business and Economics or across the University as long as you have the prerequisites and there are no restrictions on enrolling in the units.

You can choose one unit from the following list of industry or international experience units as part of Part B. Mastery knowledge section c. or as part of Part C. Application studies.

Industry projects

• BEX5006 Consulting project
• BEX5112 Consulting project (12 points)

Study tours

• BEX5722 Engaging with international business
• BEX5723 Engaging with international business - North America
• BEX5724 Engaging with international business (12 points)
• BEX5727 Engaging with international business - Latin America (12 points)
• BEX5831 European economy
• BEX5832 European business and society (12 points)
• MKX5521 Global study programs in marketing

Internships

• BEX5001 Industry placement
• BEX5012 Industry placement (12 points)

Units can be identified using the [[http://www.monash.edu.au/pubs/handbooks/units/search][browse units]] tool and [[http://www.monash.edu.au/pubs/handbooks/units/][indexes of units]] in the current edition of the Handbook. The level of the unit is indicated by the first number in the unit code. You may need permission from the owning faculty to enrol in some units taught by other faculties.