Bachelor of Business (International Business)Program details
In this three-year program you can choose a second business major, a minor from another business discipline, or a minor or electives from non-business areas 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.
How you will learn
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.
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 183KB 13p) 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 or law. 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.
Tapiwa Matimba chose to study international business to give him the skills to understand the complexities of the global business world.