Course ID: CRS1400675
The Bachelor of International Business is a multidisciplinary program for students who wish to establish a career in international business.
Students will learn about the special challenges associated with conducting business across national borders, diverse and different cultures, and different legal and regulatory environments. Students will be taught the fundamentals of business and learn how to make strategic management decisions.
Scholarships, Discounts & FEE-HELP
Available Scholarships, Discounts & FEE-HELP Information
Offshore students can receive 30% off this course if they enrol for our February 2024 intake.
Onshore students can receive 40% off if they enrol for our February 2024 intake.
GLOBAL TRADE VALUE
FREE TRADE AGREEMENTS
AUSTRALIA’S FTAs WITH 29 COUNTRIES AS OF 2023
GLOBAL FLOWS OF FOREIGN DIRECT INVESTMENT IN 2022
Course Learning Outcomes
Our Bachelor of International Business degree will give students a broad and coherent knowledge of the theories, concepts, and principles of a range of business-related fields and disciplines including leadership, economics, accounting, supply chain and logistics, trade agreements, human resources, management, and marketing.
Students will also gain deeper knowledge of the particular issues associated with conducting business across national borders, different cultures, different legal and regulatory environments, and different time zones in the modern business environment.
Age at Time of Course Commencement:
• Domestic Students; 17 or older
• International Students; 18 or older
• Domestic: ATAR 60 minimum (or equivalent)
• International: Year 12 Completion (or equivalent). Requirements differ per country.
• IELTS: 6.0 Overall (no band less than 5.5, or equivalent)
• PTE: 52 Overall (no band less than 50, or equivalent)
Classes will be carried out in person on our campus.
Students will be required to attend all scheduled classes to ensure maximum learning and engagement.
Full time duration: 2 years
(Option to study over 3 years if preferred)
Part time duration: 6 years
(applicable to domestic students only)
Graduate Employment Opportunities
Students will have the opportunity to explore a dynamic career in International Business, a field that is full of opportunities, globally.
Graduates will be prepared to pursue diverse roles in areas such as international trade, foreign affairs, cross-cultural management, supply chain management, and strategic planning.
With the ever-increasing interconnectedness of economies and the growing importance of global trade, professionals in International Business are in high demand, offering exciting prospects for a rewarding and impactful career.
Course Subject Overview
The table below provides essential information for each core subject, code and title, description, and assessment tasks.
The workload is the same for all subjects:
3 timetabled hours per week (lectures and tutorials) and 9 personal hours of study for a total of 12 hours per week.
Year 1 (Level 100)
BUS100 Accounting for Business
This unit provides students with an introduction to business accounting, an essential component of every successful business. They consider the role of accounting within the global business context and develop an understanding of the key fundamental accounting frameworks used.
Students are introduced to the accounting cycle and acquire key accounting skills and knowledge to enable them to examine the three-key financial and accounting statements for all businesses: the balance sheet, income statement, and cash flow statement. In addition, they are introduced to the principles of budgeting, to cost-volume-analysis, and the concepts and theories of capital investment.
Furthermore, students will investigate the concept and role of ethical and corporate governance specifically in the area of financial business management. They will also be introduced to contemporary technological developments including distributed ledger systems such as Bitchain.
Tutorial Quizzes, Mid-trimester examination, Final examination.
BUS101 Business Information Systems
The unit provides students with an introduction and broad overview of the application of information technology (IT) to the management of information in organisations, and the role of the IT professional in developing and implementing IT-based solutions to information problems across a range of areas related to general business activities and specific functions, such as supply chain management, e-commerce, customer relationship management and security.
Consideration of the organisational framework for IT and IT professional practice will be set within the broader business context. The opportunities, problems and risks associated with IT will be examined, together with their implications for organisational strategy and operations.
Tutorial participation, Case studies, Quizzes, Examination
BUS103 Introduction to International Business
This unit is designed to introduce students to the issues involved in undertaking business in the global marketplace.
It examines why businesses engage in international trade and business and considers the role that economics, politics, culture and ethics play in the decision to operate internationally. As well as reviewing the arguments for and against globalisation, the unit looks at how organisations evaluate, plan and undertake international engagement and expansion in a global context.
Particular attention is given to the appropriate means for engaging in international trade and expansion given the nature of and circumstances facing the organisation.
Students are introduced to concepts of international financing, marketing and human resource management.
Tutorial participation, Case study, Essay, Group project
BUS104 Business Marketing
This unit provides students with the fundamentals of marketing theory and practice within the global business environment.
Students will learn how to interpret the role of business marketing, and to analyse markets and market characteristics. They are introduced to and apply contemporary marketing theories and practices.
They examine the key concepts of consumer behaviour and the factors that influence consumer demand; what people buy and how businesses respond to this demand.
Furthermore, the unit explores how international businesses are developing their competitive edge as they face emerging challenges and issues in a global marketplace that is influenced by digital, social and visual media.
The unit concludes with students examining how businesses integrate ethical, sustainable and socially responsible practices within their marketing strategies.
Quizzes, Group research presentations and Reflective journals, Case study
BUS110 Quantitative Methods for Business
This unit provides students with an introduction to statistics. The ability to accurately collect, analyse, and interpret data, is an essential skill in businesses today.
In this unit, students are introduced to basic statistical methods and practice and their role in business and organisational decision making. The unit explores various data types and methods of sampling and collection.
It examines graphical and numerical statistical methods and introduces concepts such as probability, inference, distributions, estimation, and hypothesis testing.
Tutorial quizzes, Practical exercises, Examination
CYB101 Introduction to Cyber Security
This unit provides a holistic approach to cyber security. After discussing the threat landscape, including common cyber threats as well as cybercriminal categories and motivations, it examines the devastating impact that cybercrime can have on individuals and organisations through case studies.
Cyber hygiene and organisational security principles are then introduced to help individuals and businesses remain safe in the digital world. The unit concludes by addressing cybersecurity governance.
It presents various risk assessment methodologies, risk management frameworks, mitigation strategies as well as the ethical and legal aspects of cyber security.
Student engagement, Tests, Cyber hygiene project, Final examination
MGT101 Operations and Logistics Management
This unit provides students with an introduction to operations and logistics management and examines key issues currently facing all service and manufacturing organisations when creating products and services.
The fundamentals of managing logistics has become a key advantage in the contemporary business context.
A primary aim of the unit is to illustrate the principles involved in effectively creating value through using the techniques and tools of operations and logistics management.
Continuous improvement of operations and logistics management can help ensure the organisation’s long-term success.
After placing the activities required for the operations and logistics manager into a conceptual framework, the practical issues and difficulties in making operations and logistics decisions are examined, including operations and logistics strategy, planning and control, warehousing, transportation, e-commerce operations, and improvement activities.
Participation, Group presentation, Examination
Students will pick an elective as part of their level 100 studies.
Year 2 (Level 200)
BUS201 Data Analytics
This unit provides students with an introduction to data analytics. In this unit, students will lay the groundwork necessary for today’s data analysis practices including data process chain, data warehousing, descriptive and predictive analyses, Business Intelligence process flow, and Data Mining.
In addition, students will build a solid foundation in various Business Intelligence frameworks, architectures, applications, tools, and management practices.
Students will further develop the essential knowledge to elaborate on the trends and implications of traditional, modern and next-generation data analytics solutions.
Through real-world case studies, students will apply critical thinking skills to develop data analytics solutions that map out business metrics, employing a data-driven approach and business intelligence tools and platforms used in international business and cybersecurity contexts.
Quizzes, Case study, Mid-trimester Exam, Examination
MGT201 International Law and Politics
This unit provides students with an introduction to international law and politics.
Businesses need to observe the laws of the countries in which they operate. But those national laws do not develop in isolation. Rather, they are shaped by international rules on matters as diverse as employment, investment and the supply of goods and services.
Those rules make up international law, which is in turn a by-product of international relations and politics. This unit explores how international law and politics operate, and how they affect businesses in their day-to-day dealings.
By introducing students to some of the basic concepts and rules of international law, as well as institutions such as the World Trade Organisation, this unit will help graduates navigate the legal complexities that arise each time business is transacted across international boundaries.
Quizzes 1&2, Research essay, Project
MGT202 International Strategic Management
This unit provides students with an overview of Strategic Management in an international context.
It covers the key concepts and theories in the field and how they can be used to interpret and evaluate business situations in domestic and international settings.
The aim of the unit is to show how management strategy can help companies create and capture value.
The central objective will be to understand differences in profitability across firms in the global economy, placing special attention on the factors that explain why some firms achieve above-average performance.
The focus of the unit is on understanding the drivers of sustainable competitive advantage, in particular in a global context, and an understanding of the relationship between internal and external factors.
Case study, Scenario analysis and report, Examination
MGT205 Entrepreneurship and Innovation
This unit provides students with an introduction to entrepreneurship and innovation.
The unit encourages entrepreneurial behaviour through the introduction of the principles of entrepreneurship, the process of creativity and innovation through the human-centred design methodology, and the impact of this process on the success of new enterprise creation.
On completion of this unit, students will have an increased understanding of entrepreneurship, entrepreneurs and the significance of innovation in small and medium-sized enterprises (SMEs).
The associated skills and techniques acquired in this unit will provide a strong foundation for both new product/service development and the launch of an entrepreneurial or corporate new venture.
Presentations, Interview, Participation, Presentation
MGT208 Organisational Behaviour and Change Management
This unit provides students with an introduction to organisational behaviour and change management applicable to the dynamic global business environment.
Organisational behaviour can be described as the study of human behaviour at the individual group and corporate level.
Students will gain of organisations by examining personal characteristics, drivers of behaviours, group dynamics, and the associated change management processes that organisations can use to maximise their effectiveness.
Quizzes & Participation, Group Report and Presentation, Examination
Students will pick three electives as part of their level 200 studies.
Students will pick three electives as part of their level 200 studies.
Students will pick three electives as part of their level 200 studies.
Year 3 (Level 300)
BUS301 Business Strategy
This unit provides students with the foundations of business strategy.
With the advent of an interdependent global marketplace, modern business engagement is complex and constantly being re-invented.
The purpose of this unit is to equip students with the ability to approach complex business problems from the cross-functional and multidimensional perspective of the CEO.
To develop and maintain a successful sustainable corporate strategy, there must first be an understanding of the links between the wider macro influences, our own industry nuances and the assets we control internally.
Starting with an understanding of the historical development of strategy, this unit will investigate the journey from the work of Sun Tsu to Mintsberg Strategic Thinking Schools through to more recent concepts of Total Quality Management, Business Process Re-engineering and onwards.
While the environment of our businesses was focused on our local domestic markets for many decades, it is now essential to be aware of the threat of global competitors.
Case analysis is used extensively to link concepts and frameworks to real-world examples. Group work engages students in the challenges of interpersonal communication, task allocation, coordination and control.
Quiz, Essay, Case study, Group report
BUS303 International Marketing
This unit provides students with an introduction to the development of marketing strategies for organisations operating in the international business environment.
Emphasis is placed on analysing trends in the international marketing environment, identifying business opportunities and adapting standard marketing concepts to the diverse social, cultural, political and economic situations found in international markets.
Attention is also given to the link between marketing and fulfilment mechanisms and customer service and the international economic, political, legal and cultural environmental influences on marketing planning.
Students will be required to assess the impact of media on marketing strategy and to analyse marketing opportunities in international contexts.
Tutorial participation, Report 1&2, Group presentation
BUS305 International Trade and Finance
This unit provides students with an introduction to the application of economic analysis to trade and finance in a global context.
While the unit focuses primarily on macroeconomic considerations, it also addresses basic microeconomic concepts that underpin trade and finance strategies.
The unit will consider the extent to which markets allocate resources efficiently; the degree to which market restrictions are efficient; the effectiveness of different tax regimes; the relative efficiency of different market structures; the best means by which to control environmental damage; the practicality of the government provision of public goods, and the degree to which the macro-economy is subject to coordination failure.
It sets these aspects in the context of the modern global economic environment and examines how firms attempt to reach optimal profitability and efficiency in the face of constraints.
Tutorial participation, Report, Presentation
MGT301 Global Supply Chain Management
This unit provides students with an introduction to global supply chain management.
Supply chain management is the management of relationships in the network of organisations, from end customers through original suppliers, using key cross-functional business processes to create value for customers and other stakeholders.
The ability to accurately forecast demand for products and services is central to supply chain management.
The aim of this unit is to debate the fundamental processes of supply chain management – demand forecasting and inventory optimisation – in terms of demand-driven forecasting, the dynamic balancing of customer demand and systems capability.
While the unit gives an overview of supply-driven inventory management, it does not go into the details of warehousing or inventory control.
Rather, the emphasis is on a review of demand-driven forecasting and how inventory management is shaped by demand forecasting.
The overall aim is to assess a methodology that combines data, analytics and an understanding of contemporary supply chain process optimisation.
Tutorial participation, Quizzes, Case study, Project
MGT303 Business Leadership in a Global Context
This unit provides students with an introduction to key leadership issues and challenges business managers face in an international environment.
Rather than concentrating on theories of leadership, the unit focuses on the development of practical leadership skills.
Particular emphasis is given to cross-cultural management, workplace diversity, managing a distributed, virtual and multicultural workforce, and culture-based tactics for international negotiations.
The unit encourages students to consider the concept of leadership through the lens of managers who are required to work in local and global environments simultaneously, examining the intersections of leadership and management and the role of multicultural competence in creating competitive advantage.
Tutorial participation, Case Study 1, Critique, Case Study 2
MGT305 Sustainability in Business
This unit provides students with an introduction to sustainability in business. Sustainable business models should not only provide economic value for a business but enhance the environment and society.
Sustainable business models are as yet in their infancy and are the focus of current debate and research.
The overarching question is what is meant by sustainability in the business context and whether it can be achieved.
There are numerous areas that can be factored into a sustainable business model so as to provide solutions that maximise benefits for society and the environment, but the ultimate task is to persuade current and potential business leaders that adopting such solutions will benefit not only a business but also all its stakeholders.
This course adopts an interdisciplinary approach to sustainable business encompassing global initiatives underpinned by environmental and ecological considerations.
Tutorial participation, Case study, Assignment
CAP301 Capstone Project
An important element of success in business organisations today is the ability to undertake research-based projects.
Such projects might seek to describe an organisational environment, identify issues, or suggest solutions to an identified problem relevant to the program they have been enrolled in.
This unit builds upon students’ previous study in their program and offers an opportunity to focus on a relevant area of interest through a formal research-related project.
Students in this unit will learn about the principles of effective research and conduct a short research project on a topic of interest based upon or influenced by their areas of interest within their program.
The unit is in two parts. In the first part, students either learn about the fundamentals of organisational research or have a refresher course to ensure that all students in the unit have the same level of preparation.
They also work with the unit coordinator to develop an agreed research topic. In the second part, they conduct their major project.
During this period, they will also meet and consult regularly with the unit coordinator to discuss their project progress.
Participation, Research report and Presentation Part 1&2