Master of International Business - 2017

Please note: This course has recently undergone a major change. Please refer to Transition Arrangements for more information.

Course summary

Course summary - 2017

Level: Postgraduate
Qualification: Masters Degree
Number of units: 12 units to complete
Provider:

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Restrictions apply. See Eligibility.

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Operating Hours

Standard hours

Mon - Fri: 8am - late

Sat & Sun: 9am - 5pm

All times in Australian Eastern
Standard Time (AEST) or Australian Eastern Daylight Time (AEDT)

The Master of International Business is designed to prepare you for a career in international corporate, government or not-for-profit organisations.  The course builds the knowledge and skills necessary for critical and creative approaches to international business by providing advanced study in contemporary international business theory and practice that is supported by ethical and sustainable business decision-making. It will also provide you with the capacity to address the international regulation of business and critically evaluate the impacts of decisions and practice through case studies and interactive and experiential learning activities.

The capstone experience relates to the understanding and analysis of international business from a sustainable perspective. This unit comprises of topics that provide special emphasis on sustainability and sustainable international business. The unit Sustainable International Business Futures has specially been designed to introduce such experience.

On successful completion of this course you will be able to:

  1. Demonstrate a broad, critical and practical understanding of contemporary issues and practices in business.
  2. Evaluate and apply concepts, principles, theories, methods and contemporary practices in the area of international business to a range of organisational settings.
  3. Demonstrate a reflective and critical awareness of the legal, ethical, social, economic and environmental implications of business operations, processes and decisions.
  4. Conduct and manage business activities across borders, cultures and communities ethically and sustainably.
  5. Communicate clearly and persuasively to negotiate, consult, and engage with clients, employees and other stakeholders.
  6. Apply research principles and methods to design innovative options and solutions for, and make reasoned judgements about, problems and issues in contemporary business practice.
  7. Apply and integrate professional theory with practice in authentic Work Integrated Learning (WIL) contexts, professional contexts and industry settings.

Academic Entrance requirements

Australian Bachelor degree or equivalent in Business (or a related discipline); or

Successful completion of the RMIT Graduate Certificate in International Business; or

Australian Graduate Certificate, Graduate Diploma or Masters degree or equivalent in Business (or a related discipline).

English Language Requirements:

For information on English Language Requirements and acceptable English Language tests please see:

 www.rmit.edu.au/international/english-equivalent

To meet the requirements of the Master of International Business award, students must satisfactorily complete 9 compulsory core units and 3 elective units.

Electives

Students may choose from any postgraduate unit offered through OUA for their 3 elective units however must seek approval by RMIT University prior to enrolment. Please refer to Units of Study for further information.

The Master of International Business (MIB) has two early exit points.

Students may exit with a Graduate Certificate in International Business after the successful completion of the first four (4) units.

Students may exit with a Graduate Diploma in International Business after the successful completion of the first eight (8) units.

Majors

Students should enroll into BUSM4358 International Strategy after completing all core units(except BUSM4449).

Students should complete BUSM4449 Business Research Design as their final unit.

Electives

Students need to complete 3 electives in the Master of International Business. Students may choose from any postgraduate unit offered through OUA for their 3 elective units however must seek approval from the College of Business prior to enrolment. For approval, please email your request to business-student@rmit.edu.au noting the elective units you wish to study within your course. The College of Business will notify you by email of the outcome.

Total number of units to complete: 9 units Required Elective Optional
Unit name Code Provider Availability
Sustainable International Business Futures
BUSM43891 RMIT Sess 1 Sess 2 -
Accounting for Sustainable Management
ACCT2230 RMIT - Sess 2 -
Managing Across Cultures
BUSM4359 RMIT - Sess 2 -
Contemporary Issues in International Management
BUSM4101 RMIT Sess 1 Sess 2 -
Marketing for Managers
OMBA820 RMIT Sess 1 Sess 2 -
International Logistics
OMGT2255 RMIT - Sess 2 -
Business and Economic Analysis
OMBA800 RMIT Sess 1 - -
International Strategy
BUSM43582 RMIT Sess 1 Sess 2 -
Business Research Design
BUSM44493 RMIT Sess 1 Sess 2 -

1 Capstone unit
2 Students should enroll into BUSM4358 International Strategy after completing all core units(except BUSM4449)
3 Students should complete BUSM4449 Business Research Design as their final unit

The Master of International Business is comprised of 16 units, however, students who have been admitted into the Master of International Business will receive advanced standing from the following units and are therefore only required to complete 12 units:

  • Management 1 - Managing People
  • Business and Government in the Global Context
  • Global Business and Social Technology: A Case Study Approach
  • Accounting for Management Decisions
Students who successfully complete the Graduate Certificate in International Business will articulate to the Master of International Business with advanced standing, and will be required to complete eight (8) courses in order to qualify for the degree.


Credits will be assessed consistent with the principles of the RMIT University's Credit Policy.

If you wish to apply for RPL or Credit, please complete the below PDF form and attach it to your course application.

If you have already submitted your course application, please send your RPL/Credit application directly to RMIT at business-student@rmit.edu.au

RMIT_Credit_RPL_Application_Form.pdf (661 KB)

You can pay fees in one of two main ways:

Eligible OUA students can access the government loan scheme known as FEE-HELP. You pay back the loan through your taxes once your income reaches a minimum threshold.

Who can access it?

  • Australian citizens who will undertake, in Australia, at least one unit of study contributing to their course
    OR
  • Permanent humanitarian visa holders who will be resident in Australia for the duration of their unit
    OR
  • Permanent visa holders who are undertaking bridging study for overseas-trained professionals, and will be resident in Australia for the duration of their study

Find out more about FEE-HELP

You can pay your fees upfront - in full at the beginning of a unit - using:
  • Credit card (Visa and MasterCard)
  • Cheque
  • Money order

You should make cheques and money orders payable to 'Open Universities Australia' and send them to:
Open Universities Australia
GPO Box 5387
Melbourne 3001
Australia

Please note: The Master of International Business has undergone a change due to changes in the Australian Qualification Framework. Students who started their degree prior to 2015 can continue with the pre2015 course. All students beginning their studies from 2015 will need to study the new course structure.

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