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Requisite map

Overview

The Master of International Business advances your business knowledge and gives you the skills to operate with an international perspective. The course is designed for recent graduates, and also provides an accelerated path for those with relevant work experience. The Master of International Business will build upon your undergraduate credentials and further strengthen your business skills. You will develop advanced and vital skills in analysis, problem solving, research and communication that can be applied in a variety of organisational settings. These skills will be demonstrated in a better understanding of the international world, exhibiting cross-cultural competence and ethical values. The inter-disciplinary nature of international business means that you will be engaged in studying international management, law, accounting, economics, marketing and strategy, which all help in developing your strategic and operational knowledge and skills, particularly relevant in understanding the complexity of the contemporary international environment. The Master of International Business can also provide a research pathway if you are interested in higher degrees by research. The course will prepare you with a comprehensive understanding of international business enabling you to provide discipline-based solutions across a variety of roles in the corporate, governmental and non-profit sectors.

Course structure

Part A. Advanced preparatory24 credit points

You must complete the following units

Part B. Mastery knowledge48 credit points

You must complete the following units

Part C. Application studies24 credit points

You must complete 24 credit points at either Level 4 or 5 from the Faculty of Business and Economics or, electives from the School of Arts and Humanities or School of Information Technology (up to a maximum of 12 credit points). Recommended Business and Economics units are listed below.

The handbook's description of this structure

The course is structured in three parts: Part A. Advanced preparatory, Part B. Mastery knowledge and Part C. Application studies.

Part A. Advanced preparatory

These units provide you with a solid foundation of knowledge and skills across core business disciplines and a valuable contextual basis for further business study.

Part B. Mastery knowledge

These units will develop your capacity as a critical and creative professional who is able to apply their knowledge of international business, in different organisational contexts and settings.

Part C. Application studies

The focus of these studies is professional or scholarly work that can contribute to a portfolio of professional development in international business and related areas.

Master's entry points

Depending on prior qualifications you may receive entry level credit (a form of block credit) which determines your point of entry to the course:

If you are admitted at entry level 1 you complete 96 credit points, comprising Part A, Part B and Part C.
If you are admitted at entry level 2 you complete 72 credit points, comprising Part B and Part C.
If you are admitted at entry level 3 you complete 48 credit points, comprising Part B

Note: if you are eligible for credit for prior studies you may elect not to receive the credit and complete the higher credit-point option.

Course progression map

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

The course comprises 96 credit points structured into three parts: Part A. Advanced preparatory (24 credit points), Part B. Mastery knowledge (48 credit points) and Part C. Application studies (24 credit points).

Units are 6 credit points unless otherwise stated.

Part A. Advanced preparatory (24 credit points)

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

ACM5903 Accounting for business
ECM5953 Economics
ETM5900 Business statistics
MKM5955 Marketing and the international consumer

Part B. Mastery knowledge (48 credit points)

You must complete the following units eight units (48 credit points):

BFM5959 Accounting and finance for international managers
BTM5919 International trade law
BTM5909 Ethics and global corporate governance
ETM5950 Data analytics for business
MGM5181 International business strategy
MGM5310 International management
MGM5966 International business theory and practice
MKM5260 International marketing

Part C. Application studies (24 credit points)

You must complete four units (24 credit points) at either level 4 or 5 from the Faculty of Business and Economics or electives from the School of Arts and Humanities or School of Information Technology (up to a maximum of 12 credit points).

You may wish to undertake:

BFM5014 Current issues in international finance
ECM5921 International economics
MGM5638 Asian business system
MGM5698 Global supply chain management
MGX5890 International study program in international business
MGM5251 Innovation and entrepreneurship

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 a comprehensive understanding of the principal themes in international business by integrating and applying them in the practical environment in which business operates
4
be able to demonstrate knowledge of a range of world views as they apply to our understanding of social responsibility, sustainability and strategic decision making
5
understand and critically appraise the broad range of firms and organisations engaged in international business
6
acquire the necessary reflective and analytical skills to be able to engage in life-long learning.

Entry 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

More information

Other information

The Master of International Business advances your business knowledge and gives you the skills to operate with an international perspective. The course is designed for recent graduates, and also provides an accelerated path for those with relevant work experience. The Master of International Business will build upon your undergraduate credentials and further strengthen your business skills. You will develop advanced and vital skills in analysis, problem solving, research and communication that can be applied in a variety of organisational settings. These skills will be demonstrated in a better understanding of the international world, exhibiting cross-cultural competence and ethical values. The inter-disciplinary nature of international business means that you will be engaged in studying international management, law, accounting, economics, marketing and strategy, which all help in developing your strategic and operational knowledge and skills, particularly relevant in understanding the complexity of the contemporary international environment. The Master of International Business can also provide a research pathway if you are interested in higher degrees by research. The course will prepare you with a comprehensive understanding of international business enabling you to provide discipline-based solutions across a variety of roles in the corporate, governmental and non-profit sectors.

Common questions

How long is Master of International Business?

2 years full time, 96 credit points. At 24 credit points a semester, that is 4 semesters of full-time study.

Where can I study Master of International Business?

At Malaysia.

How do I plan my Master 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: Master's Degree (Coursework)
AQF level: Level 9
Credit points: 96
Full time: 2 Years
Part time: 3 Years
Maximum time: 6 years

Faculty: Faculty of Business and Economics
Abbreviation: MIB
Award title: Master of International Business
Handbook years: 2020 2021 2022 2023 202420252026 2027