Key Features

The Master of International Business is a modern business degree with a global outlook. The degree provides an opportunity to acquire contemporary knowledge and skills in core business disciplines taking an international focus. The degree promotes both depth and breadth in business studies through a program of core study in international accounting, finance, marketing and trade together with elective units chosen from a range of business disciplines including marketing and information technology. There is also an opportunity to take units in cross-cultural studies, international communications and international relations.

Besides building career relevant skills in business disciplines, graduates will develop skills in innovative thinking, effective written and oral communication and team work.

Suitable For

The degree is suited to a wide range of interests but is particularly relevant to those who plan a career in organisations that conduct business beyond a single domestic economy. For example, the Master of International Business is relevant for those planning careers with parent companies having foreign subsidiaries, export oriented firms and public sector bodies involved in cross-border commercial issues.

The Master of International Business is suitable for recent graduates as it does not have a work experience requirement. The degree is also appropriate for graduates of some years standing seeking to move forward from domestic business into international business.

Career Opportunities

General management, export and import management, management consulting, international licensing, business policy consulting, joint venture management, foreign exchange trading, international marketing.  

Requirements

Structure of the Course

The requirement for the Master of International Business degree is completion of 32 postgraduate credit points. Each unit carries a weight of four postgraduate credit points. Completion of four core units (16 credit points) and four option units (16 credit points) is required.

For details of the units available go to MIB course structure

MIB Double Degrees

The MIB can be combined in double degree programs:

• Master of International Business / Master of Arts
• • incorporating the Master of Arts in International Communication
    
• Master of International Business / Master of International Relations
• • incorporating the Master of International Relations

A MIB double degree can be completed in 18 months of full-time study or longer by part-time study.

Business internships

International students can take a supervised workplace internship for credit toward their MCom degree. Students will spend 160 hours during a semester working on a project in a business organisation under the guidance of a workplace mentor and an academic supervisor. Students will gain experience of Australian workplace culture and environment while being involved in a range of activities such as research, planning, marketing and organisation within the context of a specific project. Students will be individually placed with suitable companies and the type of project will vary.

Placement and administration is through Macquarie International. Academic assessment is organised through the Graduate Accounting and Commerce Centre. The number of workplace internships available each semester is limited and selection of suitable candidates will be competitive. Students will need a minimum GPA of 3.00 and good written English. Students who satisfactorily complete the project will receive a pass in BUS880 Business Internship and four credit points toward their postgraduate degree.

Students interested in a business internship should contact:

Internships Department
Macquarie International
Telephone: (61 2) 9850 6942
Email: internships@io.mq.edu.au
Web: www.international.mq.edu.au/studyabroad/internships

International study programs

Students in the MCom are able to participate in an international study experience such as a short 4-6 week program at an overseas university, a semester of study on a student exchange program or an articulated double degree at a university in another country. These international study opportunities are available to both Australian and international students, are partially funded by a Macquarie Travel Grant and count for credit toward the MCom. See International Study Programs for more information.

MIB and Exemptions in the CPA Program

CPA Australia has designated the MIB a specialist masters degree. Under this arrangement, students who complete the MIB in full (32 credit points) and then enrol in the CPA program of CPA Australia are able to claim exemption from two elective segments in the CPA program. Students must first be eligible for the CPA program (e.g. hold an approved accounting degree) to claim CPA exemptions.

PLEASE NOTE: It is essential that students refer to degree rules and official unit sequences in the University handbook to ascertain their official study program. The university calendar can be found at: http://handbook.mq.edu.au.