International Business

Study mode:On campus Study type:Full-time Languages: English
Local:$ 25.7k / Academic year(s) Foreign:$ 25.7k / Academic year(s) Deadline: May 31, 2021
StudyQA ranking:891 Duration:3 years

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Your vision is global, not local. You have the potential to lead. You aspire to travel, to work around the world in responsible leadership roles in business and management. You're good at languages and keen to learn more.The Bachelor of International Business will take your strengths and vision as a foundation and help you build the knowledge and capabilities to fulfil your aspirations.  You'll learn how leaders negotiate, resolve conflict, and manage across cultures in a global business world. You'll get to understand in detail the business environment, and how management and marketing work, in Asia, Europe, the Middle East or Latin America. Finally, you'll complement this knowledge with world-class language training.  

Employment Opportunities

  • International trade specialist/global sourcing specialist

Locates sources of supplies (components, raw materials) and prepares import or export documents for transportation intermediary companies such as freight forwarders or customs-house brokers, and for commercial banks to ensure compliance with domestic and foreign government regulations.  Training for this position requires knowledge of specialised legal regulations, a foreign language, international trade credit practices, and business customs in other countries.  Normally, the regulatory specifics related to international transportation are learned on the job.

  • Research analyst

Requires the ability to interact with decision-makers by providing background data on new business opportunities (foreign environmental screening and international market research).  While these positions may start out with solely domestically related projects, they evolve to require ability in assessing data for internationally oriented business opportunities.  Thus, familiarity with a foreign language, area studies and international business practices will be an asset.  A concentration in business finance, marketing and e-commerce would improve an individual's chances of obtaining this type of position.

  • Marketing representative

Typically oriented to the generation of sales for manufacturers or service companies.  Responsibilities may include developing relationships with agents, dealers, distributors, licensees and/or strategic alliance partner firms in other countries.  Typically, such opportunities develop after a proven period of success in developing one or more segments of the domestic market.  A concentration in marketing is a helpful complement to an international business major.

  • International accounting specialist

Handles cross-border transactions, overseas trade agreements and other activities related to international business.  Possesses comprehensive knowledge of foreign laws, tax structures and business practices.  Usually fluent in two or more languages.

  • Import/export

Importer: Importers bring goods into a country.  This requires specialised knowledge in transportation, the customs and regulations of the country into which goods are imported, knowledge of international business and languages.

Exporter: Exporters send goods to other countries. This requires specialised knowledge in transportation and the markets where the goods are to be exported. Knowledge of international business and languages is needed.

Learning Outcomes

Knowledge

Graduates with a Bachelor Degree in International Business will have a broad and coherent knowledge of international business concepts and practices, which will form the basis for independent lifelong learning.   

Skills  

Graduates with a Bachelor Degree in International Business will have:

-        cognitive skills to review critically, analyse, consolidate and synthesise knowledge  

-        cognitive and technical skills to demonstrate a broad understanding of international business knowledge with depth in some areas;

-        cognitive and creative skills to exercise critical thinking and judgement in identifying and solving problems with intellectual independence; and,

-        communication skills to present a clear, coherent and independent exposition of international business knowledge and ideas.

The Bachelor of International Business requires completion of 144 units, of which a maximum of 60 units may come from completion of 1000-level courses

The 144 units must include:

  • 24 units from completion of the Business and Economics Essentials minor
  • 12 units from completion of the following compulsory courses:

BUSI2025 International Business

BUSI3020 International Strategic Management

  • 6 units from completion of a core course from the following list:

BUSI2023 Dynamics of Asian Business

BUSI2024 Dynamics of Business in the Middle East

BUSI2034 Dynamics of European Business

BUSI2022 Dynamics of Business in the Americas

  • 6 units from completion of a core course from the following list:

BUSI3024 International Marketing

MGMT3025 International Human Resource Management

  • A further 12 units from completion of core courses from the following list:

BUSI2023 Dynamics of Asian Business

BUSI2024 Dynamics of Business in the Middle East

BUSI2027 Development of Modern Business

BUSI2034 Dynamics of European Business

BUSI2022 Dynamics of Business in the Americas

BUSI3024 International Marketing

BUSI3028 Business in China

BUSI3029 Cross-Cultural Management

BUSI3030 International Supply Chain Management

MGMT3025 International Human Resource Management

Either:

12 units from completion of the following compulsory courses:

ASIA1025 Culture and Society in Asia and the Pacific

ASIA1030 The Modern Transformation of Asia and the Pacific

36 units from the completion of courses in a single Asian language

12 units from the completion of courses offered by the ANU College of Asia and the Pacific

Or:

12 units from completion of the following compulsory courses:

EURO1004 Europe in the Modern Era: Foundations of International Relations

EURO2003 European Union: Policies, Institutions and Challenges

36 units from the completion of courses in a single European  language with not more than 12 units at 1000-level

12 units of courses from the completion of courses offered by the ANU College of Arts and Social Sciences

Or:

12 units from completion of the following compulsory courses:

MEAS1001 Introduction to the Modern Middle East

MEAS2105 The Political Economy of the Middle East

36 units from the completion of courses in Arabic or Persian with not more than 12 units at 1000-level

12 units of courses from the completion of courses offered by the Centre for Arab and Islamic Studies

Or:

12 units from completion of the following compulsory courses:

POLS1007 An Introduction to Latin American Politics and Society

POLS2095 Development in Latin America

36 units from the completion of language courses in the subject area SPAN with not more than 12 units at 1000-level

12 units of courses from the completion of courses offered by the ANU College of Arts and Social Sciences

24 units from completion of elective courses offered by ANU

Admission to all programs is on a competitive basis. Admission to undergraduate degrees is based on meeting the ATAR requirement or an equivalent rank derived from the following qualifications:

• An Australian year 12 qualification or international equivalent; OR
• A completed Associate Diploma, Associate Degree, AQF Diploma, Diploma, AQF Advanced Diploma or Graduate Certificate; OR
• At least one standard full-time year (1.0 FTE) in a single program of degree level study at an Australian higher education institution; OR
• An approved tertiary preparation course unless subsequent study is undertaken.

Requirements for domestic applicants:

ATAR:86

QLD Band:8

International Baccalaureate:32

For international students:

Refer to the table to see if you meet the requirements:

http://www.anu.edu.au/files/resource/IntAdmissTabl2014e.pdf 

English Language Requirements:

ANU recognizes a number of English language tests as meeting the University’s English language requirements. The acceptable tests are IELTS (an overall score of 6.5 with at least 6 in each component of the test), TOEFL-paper based test (a score of 570), TOEFL-internet based test (a score of 80, with a minimum of 20 in Reading and Writing and 18 in Speaking and Listening), Cambridge CAE Advanced (80, grade A), PTE Academic (overall 64, minimum 55 in each section

ANU offers a wide range of scholarships to current and future students to assist with the cost of their studies. The University is committed to enabling all students, regardless of their background, to achieve their best at ANU and realise their potential. 

Eligibility for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

The honours program in the Bachelor of International Business degree requires enrolment in MMIB4004 Honours in Business.

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