International Business (Master of Commerce)
The International Business specialisation is designed to provide students with knowledge and skills relevant to the development, strategy and management of international business organisations and the institutional context for their development, growth and operation. The program encompasses the broad domain of international business studies including multinational and transnational business activities, strategies and managerial processes that cross national boundaries, joint ventures and strategic alliances, mergers and acquisitions, and the interactions of international business organisations with their economic, political and cultural environments.
Requirements for the specialisation
The following information is for students who commenced study or transferred into the Master of Commerce from 2012 or students who commenced study in 2011 and wish to follow these requirements for a specialisation. All other students should refer to the information set out below under Information for pre-2012 continuing students.
To be awarded a specialisation in International Business, students complete five units of study (30 credit points), comprising:
(i) one foundational unit of study (six credit points), as follows:
- IBUS5003 Global Business OR IBUS5001 Strategy, Innovation and Global Business*
* IBUS5003 replaces IBUS5001 from 2013.
(ii) two compulsory units of study (12 credit points), as follows:
(iii) 12 credit points in elective units of study (up to two units) selected from the following units of study:
- ACCT6002 International Accounting
- BUSS6001 Energy and Environmental Sustainability
- BUSS6504 Europe Industry Placement
- CLAW6007 Issues of Law and International Business
- CLAW6030 China's Legal Environment for Business
- CLAW6033 International Business Tax Strategy (new unit for 2015)
- FINC6013 International Business Finance
- IBUS6003 Managing International Risk
- IBUS6004 International Business Alliances
- IBUS6005 Ethical Issues in International Business
- IBUS6006 Comparative International Management
- IBUS6007 International Business Special Project
- IBUS6008 Export Management
- IBUS6018 Business Negotiations
- IBUS6019 Strategy and Emerging Markets
- IBUS6020 Enterprise Management in China
- IBUS6021 Global Outsourcing and Offshoring (new unit for 2015)
- IBUS6022 Business and Management in India (new unit for 2015)
- MKTG6013 International and Global Marketing
- WORK6035 Global Rewards*
* Not offered for 2015.
# Permission is required to enrol in this unit.
Note: Non-foundational (advanced) units of study can be used to count to one specialisation only. For example, ACCT6002 cannot be used to count towards both an Accounting and an International Business specialisation.
Information for pre-2012 continuing students
Students who commenced study in the Master of Commerce in 2011 may choose to complete their specialisation according to the information set out above or can choose to complete according to the information set out in the following downloadable PDF which lists the 2011 structure. Students should also refer to the handbook of the year they commenced study for exact details of their specialisation requirements.
- Requirements for the International Business specialisation for students who commenced study in the Master of Commerce in 2011
Students who commenced their degree before 2011 (in the old Master of Commerce), should follow the requirements for the 'Major in International Business' as set out in the handbook of the year they commenced study.
Availability of this specialisation
This version of this specialisation is available under the following degrees:
- Master of Commerce (12 unit program)
- Master of Commerce (16 unit program)
- Master of Commerce and Master of Logistics Management
Students enrolled in the Graduate Diploma in Commerce or the Graduate Certificate in Commerce may choose units from this specialisation subject area as electives in their course.