Bachelor of Business (International Business)
DurationFull-time 3 years, Part-time 6 years
Your career in international business
Having staff with international skills is now an organisational imperative. Our program is focused on producing graduates who can think critically about managing international business responsibly, and sustainably and be equipped with the skills to build a successful career across corporate/business sectors, government, third sector, and consultancy in Australia and overseas.
What you will learn in this program
You will gain foundation knowledge across several areas of international business in the first half of the degree. You will then develop deeper knowledge and the ability to apply a range of critical perspectives across key areas of business practice and management. In the second half of the degree you can incorporate specialised studies or electives in a different discipline to expand your career options.
In this three-year program you can choose a second business major, or a minor from another business discipline, a set of international studies courses or a foreign language to suit your career goals.
Examples include foreign languages, international studies, sustainability and environment, geospatial studies, statistics and data management, politics, social justice, gender studies, and conflict mediation.
The program enables you to develop an understanding of core business issues relating to financial markets, international trade, and global logistics and supply chain management, and to develop skills in cross-cultural management.
In addition, you will learn how to think critically about managing international business responsibly, and sustainably, about design and entrepreneurship, and gain insights into the institutional roles of business that reveal how the global political economy shapes, and is shaped by, international business organisations.
Most of your classes will be held in RMIT's Swanston Academic Building which features innovative learning spaces interspersed with retail and social spaces resulting in a stimulating environment for students.
Throughout your studies you will collaborate with peers and engage meaningfully with industry through small group projects and simulation exercises. You are also able to engage in learning or working overseas as part of your studies.
RMIT offers you a variety of experiences so that you can learn and develop concepts in the classroom, as well as engage with the world of work and apply your learning to both real and realistic problems.
You will have the chance to demonstrate what you have learned in class or out in industry by:
- presenting ideas and solutions to industry representatives
- using custom-built simulators
- applying your knowledge to address real issues presented in case studies
- completing workplace projects according to specifications and timeframes.
Through RMIT University’s online learning portal, myRMIT, you will be able to view online resources and learning activities created by lecturers, access course materials via Blackboard, collaborate with lecturers and fellow students, and access your student email account. Educational software, the Learning Hub, resources and printers are accessible on campus via the RMIT wireless network using your own laptop, tablet or smart phone or via computer facilities on-campus. You will be able to access the same software from home using myDesktop.
Find out more about student computing at RMIT.
Ongoing assessment throughout the semester includes examinations, presentations, group projects, research projects and practical assignments.
Swanston Academic Building
The new Swanston Academic Building, together with RMIT Design Hub, showcases the University’s $700 million investment in cutting-edge educational facilities.
You will have the opportunity to directly apply your academic skills to a work context in the following work-integrated learning courses:
- Managing International Business Responsibly. In this core course you will be guided by an academic who specialises in Corporate Social Responsibility (CSR), and who has worked as a management consultant in CSR and sustainability. You will appraise different approaches to this field, learning how to engage with a range of stakeholders in order to improve outcomes for business and society.
- Political Economy of International Business. In this capstone course you will study the historical and institutional context of the world economy, and contemporary trends in trade, finance, production and economic scalability of global businesses and the political, economic and cultural environments in which they operate.They are designed to develop your work-ready capabilities and your ability to analyse and manage information and contexts, resolve problems and communicate effectively in your future business career.
Other work-connected and industry-relevant options include:
- Working in a student team as part of the Fastrack Innovation Program. In this elective course you will work with mentors to develop and present a solution to a real problem. This form of fast-prototyping is designed to tap into fresh thinking from RMIT students.
- Business Internship electives where you take up a position for one or two days per week for one semester. These positions are normally unpaid and are designed to develop your soft skills and increase your overall employability upon graduation. You are responsible for finding your own placement, however job search assistance is available.
- BUSM4599 Business Skills for Start Ups, a course designed for students interested in starting up their own business.
Guiding the development of the College of Business, both nationally and internationally, is an Industry Advisory Board of high-profile executives chaired by Gerhard Vorster, Chief Strategy Officer, Deloitte. The Board creates a strategic bridge between the latest in technology and design thinking and business.
RMIT University is committed to providing you with an education that strongly links formal learning with professional or vocational practice.
You are actively encouraged to experience the wider world inside both traditional and virtual classrooms. Exposure to different types of cross-border collaboration during your studies will provide insights into how organisations develop ideas, and present you with different behaviours, learning styles and practices that you will encounter after graduation.
- studying with RMIT in Vietnam
- studying with RMIT’s educational partner the Shanghai University of International Business and Economics
- participating in a student exchange
- participating in a study tour that combines an overseas travel and cultural experience with coursework completed in intensive mode which is credited towards your degree
- collaborating on projects across campuses and locations with students from business and other disciplines
- undertaking an overseas internship as part of the Global Entrepreneurship and Internship Program (GEIP).
Find out more about international opportunities in the College of Business.
This program is suited to students who already have significant working experience, or for those who want to extend studies in business and related disciplines by choosing from a range of second majors and minors to suit career or personal development goals.
The program consists of 24 courses (each 12 credit points) and includes:
- 8 compulsory common business core courses
- 8 business discipline major courses
- 8 flexible courses.
The 8 flexible courses can be selected from three options:
- a second business discipline major (8 courses)
- a compulsory business discipline minor (4 courses) plus second minor (any discipline)
a compulsory business discipline minor (4 courses) plus 4 electives.
A second business major can be selected from:
- financial planning
- information systems
- logistics and supply chain management
Business minors (PDF 201KB 14p) can be selected from the same disciplines as listed above, as well as behavioural business, business analysis, economics and finance, entrepreneurship, financial planning and taxation, human resource management, IS security and risk management, law or the flexible business minor. Other minors can be selected from many disciplines offered across RMIT.
When planning your studies, you are advised to check which elective and minor courses are offered each year.
You will gain foundation knowledge across several areas of international business in the first half of the degree. You will then develop deeper knowledge and the ability to apply a range of critical perspectives across key areas of business practice and management.
Your core international business studies will cover:
- Financial markets. You will be introduced to the financial markets environment in which business organisations operate globally, and you will collaborate in small teams to critically analyse problems in real-life treasury dealing situations using live data in the RMIT Trading Facility.
- Economics and trade. You will be introduced to the economic theory of free trade and the effect international trade (or intervening in the trade process) has on economic welfare, economic growth and income distribution.
- Global trade operations. You’ll gain insights in to the operational and strategic aspects of global trade operations related to the exchange of goods and services across international borders, as well as the politics of global trade and the regulatory environment.
- Cross cultural management. Equips you with the awareness, knowledge and skills needed to work in a multicultural workplace and successfully lead in organisations by considering behaviours, intercultural sensitivity, cross-cultural communication and diversity.
- Socially responsible management. Provides you with knowledge and skills to think innovatively about how to take social and environmental issues into account in ways that both contribute to core business strategy, and also improve outcomes for society through engagement with stakeholders in the value chains of international business.
- Political economy. Consolidates and deepens your understanding of the political, economic and cultural environments in which international business operates, and the role of global business as actors in the international political economy, including relationships with the key international institutions and actors.
- Design thinking. You will explore creativity, innovation and design and their importance within organisations and business in the context of increasing levels of risk and uncertainty globally, thereby gaining a uniquely RMIT perspective on contemporary challenges and opportunities in international business.
Here are some examples of how an international business degree incorporating the most popular majors, minors and elective sequences can align with a career path.
- Economics – analyse and interpret quantitative data and communicate recommendations for strategic decision-making.
- Finance – work on a foreign exchange trading desk, or advise on capital expenditure or foreign investment.
- Logistics – combine expertise in supply chain management informed by knowledge of global and regional trade, political and cultural environments, and the growing imperative to manage global operations responsibly.
- Marketing – advise on marketing concerns beyond the brand and company, but also in the context of a product or company’s impact on society and in different cultural contexts.
If you choose electives as your flexible courses, you may wish to consider
- a business internship elective
- global experience options
- BUSM4599 Business Skills for Start Ups, a course designed for students interested in starting up their own business, covering the stages from concept through to launch
- a sequence of electives related to a particular career specialisation.
Choose a program structure
|Bachelor of Business (International Business)||City Campus||
3 years full-time or part-time equivalent
3 years full-time
Choose a program structure
Program code: BP253
RMIT's aim is for international business graduates to become better global citizens because they have benefited from examining business practices through a global lens, and through a socially responsible business lens. You will emerge with an understanding of how various activities within and between organisations and industry sectors are connected.
The roles and industries an international business qualification can lead to include:
- policy development and advice, especially within an organisation
- a wide range of trade, and finance related roles
- business analyst
- logistics and supply chain management roles, such as advising procurement managers regarding fair trade and ethical sourcing in logistics import/export industries
- government relations and consultancy, for example, advising on trade-related issues
- economic research and developing economic policy or regulatory guidelines
- management consultant
- business roles relating to corporate social responsibility and sustainability, with respect to business strategy, rankings, ethical ratings and indexes, and improving business consultation, partnerships, and social and environmental impacts.
Professional bodies may offer students and/or graduates membership, opportunities for entry into professional qualification programs and other career enhancing benefits.
For further information about membership and opportunities for students and graduates, please visit our accreditation and membership page.
*ATAR refers to the lowest selection rank to which an offer was made (including consideration of any adjustments) for current and recent year 12 applicants.
RMIT is committed to providing transparency to the admissions process. In line with this commitment, we provide you with information that will help in making informed choices about your undergraduate study options.
RMIT admits students from a range of educational pathways, including Year 12 results, previous higher education or vocational education study, work experience, and for some programs - interviews, auditions or portfolios.
Gain a better understanding of the Admission criteria for this program by viewing RMIT’s Admission information.
The highest level of education you have previously completed will determine which category applies to you.
Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., ATAR or GPA (including any adjustments).
Applicants with recent secondary education (current or within the past two years)
Successful completion of an Australian Year 12 senior secondary certificate of education or equivalent in 2016, 2017 or 2018. If applicable, this includes equity access schemes and any other adjustment factors.
School Network Access Program (SNAP)
The SNAP access scheme is designed to increase tertiary access and participation of eligible students from SNAP partner schools.
Applicants with Vocational Education and Training study
Successful completion of any Australian Diploma or Advanced Diploma (or equivalent overseas qualification).
Applicants with Higher Education study
- Successful completion of an Australian Higher Education Diploma (or equivalent overseas qualification); or
- Successful completion of the equivalent of 1 semester of full-time study^ of an Australian Associate Degree with a credit average and no double-fail in any required course of the receiving degree; or
- Successful completion of two Open Universities Australia higher education units. Scored or graded results are required.
3 year RMIT Bachelor of Business degree students (internal applicants only):
Successful completion of the equivalent of 1 semester of full-time study^ and no double-fail in any required course of the receiving degree.
All other 3 year bachelor degree students:
Successful completion of the equivalent of 1 semester of full-time study^ of any Australian Bachelor Degree with a cumulative GPA of 1.0 out of 4.0 / 50% Weighted Average Mark (WAM); and no double-fail in any required course of the receiving degree.
4 year bachelor degree students:
Successful completion of the equivalent of 1 semester of full-time study^ of any Australian Bachelor Degree and no double-fail in any required course of the receiving degree.
^ One semester of full-time study relates to a block of study: 4 out of 4 or 3 out of 3 courses within a semester.
Applicants with Work and Life Experience
This course uses the entire academic record as part of its selection considerations.
You must sit the Special Tertiary Admissions Test (STAT) Multiple Choice if:
- You have no prior Year 12, VET qualifications, HE results or relevant work experience that meet the minimum entry requirements for the program; and
- You are 19 years of age or over (as of 1 Jan 2019) and have not enrolled in secondary studies for at least two years.
Aboriginal and Torres Strait Islander peoples
The Indigenous Access Program will support your application into RMIT programs through an informal interview process with support from the Ngarara Willim Centre.
Elite Athlete Program
The RMIT Elite Athlete Program (REAP) supports elite athlete and emerging athletes to achieve sporting and academic excellence.
You must have successfully completed an Australian Year 12 or an equivalent senior secondary school qualification with a minimum average of 65% (see calculator below).
Equivalent qualifications may also include completion of the RMIT Foundation Studies program or a recognised post secondary diploma in the relevant discipline with the required grades.
Meeting the minimum academic requirements does not guarantee entry. Your application will still need to be assessed and accepted.
To study this program you will need to complete one of the following English proficiency tests:
- IELTS (Academic): minimum overall band of 6.5 (with no individual band below 6.0)
- TOEFL (Paper Based Test): minimum score of 580 (TWE 4.5)
- TOEFL (Internet Based Test - IBT): minimum overall score of 79 (with minimum of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing)
- Pearson Test of English (Academic) (PTE (A)): minimum score of 58 (with no communication band less than 50)
- Cambridge English: Advanced (CAE): minimum of 176 with no less than 169 in any component.
For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.
Don't meet the English language test scores? Complete an Advanced Plus Certificate at RMIT English Worldwide.
In 2019, the annual student contribution amount (tuition fee) you will pay for a standard year of full-time study is between AU$6,566 to AU$10,958*.
* Amounts quoted are indicative fees per annum, and are based on a standard year of full-time study (96 credit points). A proportionate fee applies for more or less than the full-time study load.
Student services and amenities fee (SSAF): AU$303 maximum fee for 2019.
Other items related to your program, including field trips, textbooks and equipment.
Fees are adjusted on an annual basis and these fees should only be used as a guide.
Learn more about fees for undergraduate study.
Defer your payment
You may be eligible to apply for a HECS-HELP loan, which can be used to defer payment of up to the full amount of your student contribution fees. You may also be eligible to apply to defer payment of your SSAF through the SA-HELP loan scheme.
All undergraduate and honours degrees have Commonwealth supported places (CSP) available. In 2019, the annual student contribution amount (tuition fee) you will pay for a standard year of full-time study is between AU$6,566 to AU$10,958.
In a CSP, your tuition fees are subsidised by the Australian Government. Your share of the fee (student contribution) is set each year by the Australian Government and is determined by the discipline areas (bands) of the courses in which you enrol, not the overall program.
How much can I expect to pay for my Commonwealth supported place?
Courses (subjects) fall into one of three bands. The band determines the student contribution amount for the course.
Amounts listed in the table below are based on a standard, full-time study load (96 credit points per year) with all courses in the same band. A proportionate fee applies for more or less than the full-time study load or for enrolment in courses (subjects) from a combination of bands.
You can learn how to calculate your exact tuition fees for units from different bands at fees for Commonwealth supported students.
Maximum student contribution amount for Commonwealth supported places in 2019
Student contribution band by course (subject)
Maximum annual student contribution amount in 2019
Band 1: humanities, behavioural science, social studies, clinical psychology, foreign languages, visual and performing arts, education, nursing
$6,566 per standard year
Band 2: mathematics, statistics, computing, built environment, other health, allied health, science, engineering, surveying, agriculture
$9,359 per standard year
$10,958 per standard year
The Australian Government provides financial assistance via the HECS-HELP loan scheme, which allows eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) to defer payment of up to the full amount of their student contribution.
You may be eligible to apply to defer payment of the Student services and amenities fee (SSAF) through the SA-HELP loan scheme. If you use SA-HELP, the amount will be added to your accumulated HELP debt.
How does a HELP loan work?
If your HECS-HELP and/or SA-HELP loan application is successful, the Australian Government will pay RMIT, on your behalf, up to the full amount of your fees. This amount will become part of your accumulated HELP debt.
You will only start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government (this also applies if you are still studying).
The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.
In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student.
The SSAF is calculated based on your enrolment load and the maximum fee for 2019 is $303.
For more information about calculating your actual SSAF see Paying SSAF.
You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.
In addition to tuition fees you also need to pay for:
- Student services and amenities fee (SSAF) in each calendar year.
- Overseas Student Health Cover (OSHC) - Student visa holders must have cover for the total duration of their visa.
- Some programs incur additional expenses.
You also need to account for your living expenses. Estimate the cost of living in Melbourne.