RMIT researchers have been awarded $100,000 to examine strategic opportunities in the development of innovative global business education.
The project team consists of Professor On Kit Tam and Dr Monica Tan from the Economics, Finance and Marketing, who will investigate trends and opportunities in innovative business education in the global context with special reference to linking Australia and Asia.
Tam explained that the research will generate informed ideas for innovative internationalisation strategy and global initiatives.
“A key aim of the project is to help guide the formulation of internationalisation strategy for the grantor’s and its parent institution’s future development in this region, Europe, and North America,” Tam said.
The funding is provided by Global Business College of Australia, a new international campus being established by the China-based Huashang Education Group.
Tan added that this offshore campus represents the first by a private Chinese university investing in the establishment of a physical presence outside of China.
“Given international education is Victoria’s largest export, it is expected the research project will help strengthen productive interactions with our major student market the creation of innovative opportunities for enhancing the flows of a multitude of engagement activities in both directions to add value to all stakeholders in Melbourne and overseas.” Tan said.
Recognising the exciting opportunities for innovative and creative developments in the internationalisation of education and training in Asia and Australia, the Global Business College of Australia has indicated it is particularly pleased to learn from the project team’s insights and impressive expertise and experiences across many areas in international education, research and the global economy.
The project will also provide a platform to develop opportunities for other related areas of research for industry application and academic publications. This project is timely and indicative of the anticipated deeper engagements arising from the recently concluded China Australia Free Trade Agreement.