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AACSB ACCREDITATION
The University of Adelaide has been awarded a five-year accreditation for its business programs from the Association to Advance Collegiate Schools of Business (AACSB) International. AACSB Accreditation is the most internationally recognised, specialised designation for business and accounting programs at the bachelors, masters, and doctoral level. By earning this qualification, the University has proven its quality and commitment to continuous improvement of its business programs helping to produce higher calibre, better educated business graduates.
This Masters degree has broadened my knowledge in every aspect of international business management. I feel confident to face the challenges ahead with the same open-mindedness I have learned from my lecturers and fellow students.
Nathania Lee Master of International Business
Adelaide Advantage
The University of Adelaide has a number of distinct competencies which allow it to differentiate its Master of International Business as a high quality offering both nationally and internationally: Ranked 73 in the world and 4th in Australia in the Times Higher Education World University Rankings. This places us firmly in the top 1% of the universities across the globe. Part of the Go8 group of Australias leading research intensive universities International partnerships in Asia, Europe and USA Partnership with the Ngee-Ann Adelaide Education Centre in Singapore, a highly respected foundation actively involved in educational, cultural and welfare activities Highly research active and qualified staff Positive career outcomes of graduates Internationally recognised qualifications Networking opportunities through the alumni networks South Australian context which offers strong links to the wine, mining and construction industries; and the international service sectors comprising tourism, hospitality, performing arts and management consultancy Liveable and culturally rich city with a central campus setting ideally located near heritage sites such as the museum, art gallery, state library, the Houses of State Parliament and State Governors residence Safe and clean environment
Study Load
A full-time load is typically 4 courses each semester. The total contact time for most courses is 36 hours (3 hours per week), excluding the open book examination in core courses. In addition, students will be required to spend extra time on private study and group work. It is estimated that most students will spend 8 hours per week per course in reading, assignments, preparation and/or group work. In addition to the 12 week semester option, the Business School also operates a Summer School.
This allows individuals the opportunity to contribute in class and receive personalised attention from academic staff without feeling overwhelmed by large numbers of students.
Study Options
The Business School operates a Summer School and a Winter School over a two week period each January and July respectively. This gives students the option to speed up the progress of their studies. Classes are held in intensive mode, with six hours of study on alternate days, over a 12 day period.
Learning Environment
Small class sizes are an important part of the learning environment at the University of Adelaide Business School. Classes have a maximum number of 35 students.
PrOGrAM struCturE
The MIB program structure has two main components comprised of core courses and electives. 6 core courses in International Business: Theory and Practice of International Business (Foundation) Economic Principles in International Business Cross-cultural Management and Negotiation International Trade and Investment Policy International Business Strategy (Capstone) Doing Business in Asia or Contemporary Issues in International Business Economic Principles in International Business This course provides a framework for the consideration of business options and strategies in globalised markets. The focus is on firms, markets and governments. The course presents the core concepts in the theory of the behaviour and choices of firms and discusses the impact of globalisation on options available. It identifies the ways in which world and domestic markets for goods and services, as well as labour and capital, interact and determine the economy-wide context of business decision making. A framework for the consideration of the role of government is presented and some features of the relationships between business and government are discussed. Cross-cultural Management and Negotiation This course explores the effect of cultural differences on organisational behaviour and negotiation in the global context. It exposes students to issues and problems that inevitably arise in international business when managers have to deal with culturally determined differences in values, attitudes and behaviours. The course assists students in developing cross-cultural communication competence and management and negotiation skills to successfully solve problems and capitalise on opportunities in a multicultural environment. Specific topics include: understanding the foundations of culture and cultural frameworks; cross-cultural verbal and non-verbal communication and communication styles; motivation, leadership and decision making across cultures; negotiation and conflict resolution in global business settings; understanding organisational culture; managing multicultural teams and culturally diverse organisations. Students will have an opportunity to study concepts and theories from crosscultural psychology and management and apply the acquired knowledge in handson activities such as scenario-based discussions, case studies and simulations in order to gain relevant skills. International Trade and Investment Policy This course examines the interactions between economic, political, strategic, and legal aspects of international trade and investment policies at national, regional and global levels. This includes the ways in which WTO members affect and are affected by regional and multilateral trade and economic integration agreements. The effects of trade and investment policy on the efficiency of resource use, on income distribution, and on national and global trade and economic welfare are analysed using trade theories and models of international trade and investment. International Business Strategy (Capstone) This course analyses how multinational firms leverage their capabilities and competencies to create competitive advantages in international and global markets. Topics include assessing foreign market attractiveness; understanding the impact of differences in legal, cultural, political and economic regimes, evaluating international political and economic risks, building and operating global networks, including entry mode choice, understanding how managers design organisational architecture and implement internal control and incentive mechanisms; and assessing the challenges of global citizenship, ethical behaviour and social responsibility for international business. The course focuses on the development of skills to understand the issues that managers face in operating in international markets and supply chains. Students will develop an understanding of the conceptual frameworks that clarify the relationships between policies and domestic and global strategies. They will also have the opportunity, as a team project, to develop a proposal that focuses on a key strategic decision facing senior management involved in entering an overseas market for the first time; or expanding existing operations into a new foreign market as part of a corporate strategy. They will develop an understanding of the constraints
and advantages in developing a new overseas market and managing existing offshore operations with new challenges. The course includes team teaching and problem-based learning, with case study workshops, as an integral part of the program. Doing Business in Asia* This course prepares graduate students for doing business in the Asian economies including the two big emerging markets (BEMs) of Asia (China and India). The economies of China and India are growing rapidly and Asia is emerging as one of the key drivers of global economic growth. The aim of this course is to understand the environmental and organisational issues confronting firms doing business in Asia. These issues might include the external environment, such as social, economic, political, cultural, legal, technological, customer and competitive factors, as well as the strategic and organisational responses of firms to the complicated, distinct and dynamic business challenges in Asia. The course thereby provides students with the opportunity to develop skills in
understanding the internal as well as external constraints facing firms who wish to enter and conduct business activities in the big emerging markets (BEMs) in Asia and Latin America and the BRIC (Brazil, Russia, India and China) economies. Contemporary Issues in International Business This course prepares students for understanding the globalisation of emerging markets. The course examines the distinctive business environment of emerging markets and how that context shapes the opportunities, risks, and strategic approaches of domestic and foreign firms operating in emerging economies. The cases used in the course will illustrate the impact of the integration of large emerging markets, particularly the BRIC countries (Brazil, Russia, India and China), into the global economy, focusing not only on macroeconomic factors. The globalisation of emerging markets is also reshaping the competitive environment for firms based or operating in those countries. The course thereby provides students with the opportunity
to develop skills in understanding the emerging markets and prepares students to evaluate and formulate emerging market strategies based on a clear understanding of relevant theories and case materials from both indigenous firms and multinational corporations, small and large, and private and state owned.
* Students are encouraged to undertake a period of overseas study as part of this program. To facilitate this opportunity, the School plans to offer the course Doing Business in Asia via Ngee Ann Adelaide Education Centre in Singapore. In the event of insufficient enrolment demand or that students are unable to undertake offshore study, a substitute course Contemporary Issues in International Business will be offered in Adelaide.
CArEErs
The Master of International Business is a postgraduate degree specifically designed to develop the capabilities and resources of managers operating in the global economy. It is designed primarily for those graduates seeking to establish or accelerate a career in international business. As there are no work experience requirements it is especially suitable for recent graduates planning on working in a multinational environment. Career possibilities include general management, export and import management, management consulting, international licensing, business policy consulting, joint venture management, foreign exchange trading and international business development. This course is especially relevant for students intending to work in the commercial, inter-governmental and non-profit sectors and others who wish to extend their skills in the analysis and interpretation of the global business environment.
I built my cultural knowledge and linguistic skills and gained an in-depth understanding of the political and economic dynamics that govern international business. In an age of globalisation, my career prospects are very promising.
Moutaiz Al-Obaidi Master of International Business
What is an internship?
An internship provides candidates with an opportunity to experience a hands-on business environment in which to observe and apply their discipline specific knowledge and skills. It also allows students to demonstrate their proficiency in the university Graduate Attributes (professional transferable skills). Internships often involve a project of importance to the business, and students will also be involved in observations, meetings, clerical work and administration. Expectations are that students gain a clearer insight into the day-to-day functioning of the business, integrate fully into their host workplace and operate as members of the host organisation team. Host organisations are expected to provide all necessary equipment, facilities, contacts and direction required to complete the internship, with the work associated with the internship to be completed in the workplace.
selection criteria might be used to evaluate various overseas market locations; and what entry mode choices are likely to best suit the business given the age, size, nature of the business offering and organisational structure. Topics will be approved by the relevant academic discipline leader and may be supervised collaboratively, using a case study, supervised reading and country risk analysis. The project provides students with the opportunity to develop skills in comparative analysis, considering the internal and external contexts of crossborder activities.
Global Opportunities
In addition to the formal exchange and short-term study programs, the Business School partners with a number of third-party providers to assist students to locate international internship opportunities in a variety of organisations. Some of the partners include: AIESEC www.aiesec.org/australia Academic Internship Council (AIC) www.academicinternshipcouncil.org Antipodeans Abroad www.antipodeans.com.au/Programs/ Global-Education.htm. Students are encouraged to pursue the Major Research Project overseas via these organisations, with the understanding that they will incur an additional cost. The project scope will be student initiated and approved by the Program Director on a case-bycase basis. Fluency in the business language of the host country will enhance opportunities for internships overseas.
ELECtiVEs
These courses are offered by the Adelaide Law School Law International Law courses will be taken from the Master of Laws. Introduction to Business Law** International Trade Law (PG) International Trade Transactions & the Law (PG) European Business Law (PG) European union Law (PG) Globalisation & the Legal Regulation of Work (PG) International Commercial Arbitration (PG) International Energy Law (PG) International Environmental Law (PG)
Contemporary Issues in International Business Research Project in International Business (Industry Internship)* A Course of Study Abroad* These course are offered by the School of Economics and Institute for International Trade Economics & International Trade An extensive number of electives can be taken from within the Master of International Trade and will provide students with a solid understanding in issues faced by importing and exporting companies. Graduates with this profile will be well suited to positions within state or federal government organisations. Development Economics East Asian Economics Macroeconomic Policy in the Asia-Pacific Contemporary Issues in International Economics International Trade Negotiations & Agreements Principles of International Trade & Development Agriculture & Food in International Trade International Trade: Strategies & Opportunities MNCs, Trade & Sustainable Development International Aid Trade Services, Trade & Developing World Labour Markets
Private International Law (PG) These courses are offered by the School of Agriculture, Food & Wine Global Food & Wine Global Food and Agricultural Business courses will consider international markets, policy analysis and trends and issues in the world food system, including the management and performance of global food chains. Global Food & Agricultural Markets Global Food & Agricultural Policy Analysis Trends and Issues in the World Food System Management & Performance of Global Food Chains
* Students are encouraged to pursue specialist industry placements in an internship which provides national and global opportunities to experience a hands-on business environment, which will include the completion of a market-based Major Research Project in International Business (equivalent to 4 courses/12 units which equals one full semester load) or alternatively a course of Study Abroad to the equivalent of 12 units. Specialist industry placements (internship) and Study Abroad must be completed within a single semester. ** Courses marked with (**) are compulsory for students without a background in law. A maximum of 6 units may be taken from other faculties (e.g. cultural studies, languages) or as approved by the Program Director.
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PRoDuCED
RHODES SCHOLARS
Inspiring Success
The University of Adelaide has a rich tradition of inspiring students to achieve their very best academically. The growing list of accolades amongst our graduates authenticates our success in providing an encouraging learning environment. The announcement of a Fulbright Scholar and Rhodes Scholar from our MBA and Economics programs as well as the outstanding performance of our students at the national UBS Investment Banking Challenge competition are just some of our success stories.
You will benefit from cutting edge research and insights of academics who push the boundaries to achieve breakthroughs. Their ongoing rigorous and first class research generates important and innovative ideas that improve business practices and influence a generation of business professionals. Many have authored textbooks you will use in the classroom, ensuring that you benefit from the latest developments and trends in global business.
Academic Excellence
Our reputation and location bring some of the most inspirational and thought-provoking leaders in the world through our doors. Experts in their specialist fields, our academic staff are at the centre of our international academic and business success. Working as the interface between the worlds of academia and industry, they frequently provide advice to government bodies, address international conferences and foster close relationships with professional bodies and the corporate world.
Top-Class Facilities
As a postgraduate student you will have access to the Professions Student Support Hub. The Hub is the social centre for our student body. It features technologically advanced resources and comfortable amenities to support your study. A spacious student lounge, advanced 24 hour computer suites, customised lockers together with dedicated staff make exchanging information and group work a breeze. You can be assured that every aspect of our infrastructure has been carefully designed to facilitate and enhance your learning experience. The MIB program advisor is also located within the Hub to ensure that you are well versed in the academic conventions.
Mentoring Program
A student mentoring program offers new students the opportunity to have a senior student mentor them through their first semester. Social and networking activities along with practical information sessions are provided to support a smooth transition into postgraduate studies.
As an MIB student you can receive specialised program advice to help you plan an international experience to enhance your studies. In addition to this program support, you also have access to the full range of Adelaide Abroad support services, including access to loans and scholarships to help fund your exchange. For further information please visit: www.adelaide.edu.au/student/study_ abroad/
suPPOrt sErViCEs
Professions Learning Centre
The Professions Learning Centre (PLC) provides FREE academic learning support to postgraduate coursework students within the Faculty of the Professions. Learning Advisors can provide academic advice to assist you in enhancing your understanding and use of academic language, appropriate assignment structure, referencing conventions and much more. We are committed to making your learning experience at the University of Adelaide more productive, satisfying and successful. The PLC is located at Level 1, Nexus 10, 10 Pulteney Street. For further information or to make an appointment please email: professions.learningcentre@adelaide.edu.au
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APPLiCAtiOns
Admission Requirements
A completed Bachelors degree or equivalent with at least a credit average, or a completed Graduate Certificate in Commerce from the university of Adelaide. For International Students: IELTS of 6.5 overall with individual band scores of 6. No work experience is required.
Applications
Local Students must apply online through GradStart on the SA Tertiary Admissions Centre (SATAC) website: www.satac.edu.au SATAC Code for MIB is 3CM150. International Students must submit their application to the International Office. Application forms and further details are available at: www.international.adelaide.edu.au/apply/
Tuition Fees
www.adelaide.edu.au/degree-finder/2012/mib_mintbus.html Tuition fees are subject to increase. Students will be liable for the tuition fees current in each year.
Staff
For information about the MIB core academic staff please go to www.business.adelaide.edu.au/people/staff/
ADDitiOnAL infOrMAtiOn
Further Information
For further details regarding enrolment please contact the Professions Postgraduate Hub. T: 8313 6455 E: asktheprof@adelaide.edu.au
Useful Links
Studying in Adelaide www.studyinaustralia.gov.au Student Accommodation Service www.adelaide.edu.au/accommodation Virtual Campus Tour www.adelaide.edu.au/vtours/uni
BusinEss sCHOOL
MISSION & VALUES
Our Mission
The University of Adelaide Business School aims to excel in leadership and innovation in business education, scholarship and research. The School is committed to high quality education by providing internationally recognised undergraduate and postgraduate course work degrees and higher degrees by research. The academic staff of the Business School are committed to quality research that leads the development and dissemination of business and management knowledge and informs teaching. Our staff seek to create a learning environment that promotes students growth as professionals and researchers with the highest intellectual and ethical standards.
Our Values
The Pursuit of Excellence: Through commitment to continuous improvement and the achievement of best practice business standards Fitness, Integrity and Responsibility: Encourage these values in relation to the Business Schools behaviour and practices and those of the business, community professionals, and researchers the School educates Rigorous and honest intellectual enquiry and expression: Quality of scholarship is at the centre of the Schools activities Engagement with local, national, and international business and community organisations: For the purpose of mutual enhancement of learning Innovation and creativity: In the Schools behaviour and practice and to encourage the same for the professionals and researchers the School develops.
Disclaimer
With an aim to continual improvement the University of Adelaide is committed to regular reviews of the courses and programs it offers to students. As a result, the specific courses available to students may vary from year to year. The University of Adelaide assumes no responsibility for the accuracy of the information provided by third parties.
PRINTED 09/2011
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The Faculty of the Professions The University of Adelaide South Australia 5005 Australia +61 8 8313 4652 +61 8 8313 4521 business@adelaide.edu.au www.business.adelaide.edu.au
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