International Business and Law
This section outlines the Master of International Business and Law offered by the University of Sydney Business School.
Overview of the degree
| Course | Master of International Business and Law |
|---|---|
| CRICOS code | 074086K |
| Course abbreviation | MIntBus&L |
| Credit points required for completion | 72 |
| Duration (minimum) | 1.5 years full-time |
| 3 years part-time |
In an age of globalisation, issues relating to international business and law are of great importance to managers and business professionals around the world. The Master of International Business and Law is a unique program that draws together the interdisciplinary strengths of the University of Sydney Business School and the Sydney Law School.
Units of study offered in this course are accessible to students without legal or business backgrounds, making it an ideal entry path for those seeking to broaden their career into fields such as international trade and taxation law.
Degree structure and progression
Degree requirements
To be awarded the Master of International Business and Law, students complete 12 units of study (72 credit points), comprising:
- three international business core units of study (18 credit points)
- three international business elective units of study (18 credit points)
- two law core units of study (12 credit points)
- 24 credit points (up to four units) in elective law units of study.
International Business core units of study
Students must complete all three units (18 credit points) as follows:
- IBUS5001 Strategy, Innovation and Global Business (foundation unit of study)
- IBUS6001 International Business Strategy
- IBUS6002 Cross-Cultural Management.
International Business elective units of study
Students complete three units (18 credit points) selected from the following options:
- CLAW6030 China's Legal Environment for Business
- IBUS6003 Managing International Risk
- IBUS6004 International Business Alliances
- IBUS6005 Ethical International Business Decisions
- IBUS6006 Comparative International Management
- IBUS6008 Export Management
- IBUS6012 Business Growth and Innovation
- IBUS6018 Business Negotiations *
* This unit is not offered in 2012.
Law core units of study
Students complete two compulsory Law units for this program as follows:
- LAWS6059 International Business Law
- LAWS6252 Legal Reasoning and the Common Law System #
# All students without a common law background must enrol in LAWS6252 in their first semester of enrolment. This unit is the prerequisite for all elective 'LAWS' units of study in this program. Students therefore MUST have completed this unit prior to undertaking other 'LAWS' units of study.
Please note: In order to develop an understanding of what is involved in studying law and the standards that the Sydney Law School expects from its students, all international students are required to attend a compulsory one-week bridging program prior to the official semester commencement. For further details, including intensive session offering, contact the Sydney Law School (sydney.edu.au/law).
Elective Law units of study
Students complete 24 credit points worth of units selected from the following options:
- LAWS6001 Chinese Laws and the Chinese Legal System (12 credit points)
- LAWS6037 International Import/Export Law
- LAWS6060 International Commercial Arbitration
- LAWS6091 Chinese International Taxation
- LAWS6109 UK International Taxation
- LAWS6123 Transfer Pricing in International Tax
- LAWS6128 Comparative International Taxation
- LAWS6153 Comparative Corporate Taxation
- LAWS6170 Comparative Income Taxation
- LAWS6177 Tax Treaties
- LAWS6207 The Legal System of the European Union
- LAWS6209 Australian International Taxation
- LAWS6222 Corporate Governance
- LAWS6243 International Law I
- LAWS6814 Comparative Value Added Tax
- LAWS6844 US Corporate Law
- LAWS6852 Doing Business in China
- LAWS6879 Japanese Law
- LAWS6901 Japanese Law and the Economy
- LAWS6906 Taxation of Financial Products
- LAWS6916 International Investment Law
- LAWS6924 World Trade Organization - Dispute Resolution
- LAWS6932 Law and Investment in Asia
- LAWS6933 Global Oil and Gas Contracts and Issues
- LAWS6936 Carbon Trading, Derivatives and Taxation
- LAWS6946 Tax Treaties Special Issues
- LAWS6948 Private International Law
- LAWS6955 Fundamentals of Finance Law
- LAWS6965 Tax Avoidance and Anti-Avoidance
- LAWS6975 Islamic Law and Commerce
- LAWS6977 Law of International Institutions
- LAWS6987 Fundamentals of Commercial Law
- LAWS6991 Fundamentals of Contract Law
Progression guide
The following table illustrates a degree progression example for a student enrolled in the Master of International Business and Law on a full-time basis undertaking four units of study (24 credit points) per semester.
Note:In this example, 'IB' refers to International Business units of study and 'LAW' units from the Law School.
|
Year |
Semester |
Units of study |
|||
|---|---|---|---|---|---|
|
1 |
1 |
IBUS5001 |
IBUS6001 |
IBUS6002 |
LAWS6252* |
|
2 |
IB elective |
LAWS elective |
LAWS elective |
LAWS6059 |
|
| 2 |
1 |
IB elective |
IB elective | LAWS elective | LAWS elective |
* The unit LAWS6252 is offered as an intensive block mode during the first week of each semester.
Please note: The information listed in this example is based on the unit of study offerings for 2012 and is intended as a guide only. Students are usually able to complete the units of study for their course in different sequences to that which is listed above (including enrolling in units in Summer or Winter School sessions when available). Students are advised to plan their course based upon their individual needs and to contact the Student Information Office if they need any assistance in planning their progression in their degree.
Units of study for the Master of International Business and Law
General information relating to unit of study offerings
The unit of study information listed is for 2012 and was correct at the time of publication.
The Business School website (sydney.edu.au/business/pgunits) contains the most up to date information on unit of study availability or other requirements. Timetabling information for 2012 is also available on the faculty website ( sydney.edu.au/business/timetable). Students should note that units of study are run subject to demand.
Most units of study will be offered in standard semesters (either Semester 1 or Semester 2). Some units are also offered in intensive mode. The intensive sessions are explained in the following table.
Key to intensive unit of study offering sessions
|
Session code |
Description of how the unit will be offered |
|---|---|
|
1a (7) |
the unit of study will run intensively in the first half of Semester 1 |
|
1b (8) |
the unit of study will run intensively in the second half of Semester 1 |
|
2a (9) |
the unit of study will run intensively in the first half of Semester 2 |
|
2b (10) |
the unit of study will run intensively in the second half of Semester 2 |
|
Int January (101), Int February (102), Int March (103), Int April (104), Int May (105), Int June (106), Int July (107), Int August (108), Int Sept (109), Int October (110), Int November (111), Int December (112) |
the unit of study will run intensively in the month indicated in the title (non-standard late start/end dates) |
|
Summer School: Summer Early (42), Summer Main (43), and Summer Late (44) |
the unit of study will be offered intensively in the Summer School session |
|
Winter School: Winter Main (11) |
the unit of study will be offered intensively in the Winter School session |
Intensive sessions were introduced to cater for units of study that are delivered in non-standard ways.
The units of study available for 2011 for this program is detailed under:
- Table of postgraduate units of study: Master of International Business and Law
- Postgraduate unit of study descriptions: Master of International Business and Law
1. Table of postgraduate units of study: Master of International Business and Law
| Unit of study | Credit points | A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition | Session |
|---|---|---|---|
Core units of study |
|||
International Business |
|||
| For the award of the degree, 18 credit points in international business core units must be completed, as follows: | |||
| IBUS5001 Strategy, Innovation and Global Business |
6 | Semester 1 Semester 2 |
|
| IBUS6001 International Business Strategy |
6 | Semester 1 Semester 2 Summer Late |
|
| IBUS6002 Cross-Cultural Management |
6 |
Note: Department permission required for enrolmentin the following sessions:Semester 1, |
Semester 1 Semester 2 Summer Main |
Law |
|||
| For the award of the degree, 12 credit points in law core units must be completed. | |||
| LAWS6059 International Business Law |
6 | A LAWS6252 or law degree from a common or civil law jurisdiction Compulsory for MIntBus&L students. |
Int Sept |
| LAWS6252 Legal Reasoning & the Common Law System |
6 | N LAWS6881 International students who are required to enrol in this unit must undertake classes during the first week of their study. Health Law and Public Health students should enrol in LAWS6881 Introduction to Law for Health Professionals in lieu of LAWS6252, if available. |
Int April Int August Int March Int Sept |
Elective units of study |
|||
International Business |
|||
| For the award of the degree, 18 credit points in international business elective units must be completed. | |||
| CLAW6030 China's Legal Environment for Business |
6 | Semester 1 |
|
| IBUS6003 Managing International Risk |
6 | Semester 1 Summer Early |
|
| IBUS6004 International Business Alliances |
6 | C IBUS6001 |
Semester 2 |
| IBUS6005 Ethical International Business Decisions |
6 | Semester 1 |
|
| IBUS6006 Comparative International Management |
6 | Semester 2 |
|
| IBUS6008 Export Management |
6 | P IBUS6001 |
Semester 2 |
| IBUS6012 Business Growth and Innovation |
6 | A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points |
Semester 2 |
Law |
|||
| For the award of the degree, a minimum of 24 credit points in law elective units must be completed. | |||
| LAWS6001 Chinese Laws and Chinese Legal Systems |
12 | A LAWS6252 or law degree from a common or civil law jurisdiction N LAWS6857, LAWS3014 Note: Department permission required for enrolment This unit is not available to students who have completed a law degree in the People's Republic of China. Students must register their attendance before enrolling. To register, please visit the Shanghai Winter School website http://sydney.edu.au/law/cstudent/shanghai/ Registration enquiries law.caplus@sydney.edu.au Enrolment enquiries law.postgraduate@sydney.edu.au |
Int December |
| LAWS6037 International Import/Export Laws |
6 | Semester 1 |
|
| LAWS6060 International Commercial Arbitration |
6 | Int April |
|
| LAWS6091 Chinese International Taxation |
6 | Int March |
|
| LAWS6109 UK International Taxation |
6 | Int May |
|
| LAWS6123 Transfer Pricing in International Tax |
6 | Int Sept |
|
| LAWS6128 Comparative International Taxation |
6 | Int April |
|
| LAWS6153 Comparative Corporate Taxation |
6 | Int April |
|
| LAWS6170 Comparative Income Taxation |
6 | Int August |
|
| LAWS6177 Tax Treaties |
6 | Int May |
|
| LAWS6207 The Legal System of the European Union |
6 | N LAWS6819 Note: Department permission required for enrolment This unit has a restricted class size. |
Int July |
| LAWS6209 Australian International Taxation |
6 | Semester 1 |
|
| LAWS6222 Corporate Governance |
6 | Int April |
|
| LAWS6243 International Law I |
6 |
This unit is compulsory for MIL and GradDipIntLaw students who have not completed any previous study in international law and must be taken in the first semester of candidature. This unit replaced LAWS6243 Public International Law. |
Int May Semester 2 |
| LAWS6814 Comparative Value Added Tax |
6 | Int June |
|
| LAWS6844 US Corporate Law |
6 | Int February |
|
| LAWS6852 Doing Business in China |
6 | A LAWS6252 or law degree from a common or civil law jurisdiction |
Int August |
| LAWS6879 Japanese Law |
6 |
Note: Department permission required for enrolment For further information, please visit http://sydney.edu.au/law/caplus/ or contact law.caplus@sydney.edu.au |
Int February |
| LAWS6901 Japanese Law and the Economy |
6 | A undergraduate degree in law, business or Japanese studies Note: Department permission required for enrolment For further information, please visit http://sydney.edu.au/law/caplus/ or contact law.caplus@sydney.edu.au |
Int February |
| LAWS6906 Taxation of Financial Products |
6 | Int August |
|
| LAWS6916 International Investment Law |
6 | Int May |
|
| LAWS6924 World Trade Organization-Dispute Resolut |
6 | A limited knowledge of law of treaties This unit replaced LAWS6924 Dispute Settlement in the World Trade Organization. |
Int October |
| LAWS6932 Law and Investment in Asia |
6 | Int May |
|
| LAWS6933 Global Oil and Gas Contracts and Issues |
6 |
This unit replaced LAWS6933 International Petroleum Transactions. International Law students may enrol in either LAWS6990 Principles of Oil and Gas Law or LAWS6933 Global Oil and Gas Contracts and Issues, but not both. |
Int May |
| LAWS6936 Carbon Trading, Derivatives and Taxation |
6 | Int Sept |
|
| LAWS6946 Tax Treaties Special Issues |
6 |
Note: Department permission required for enrolmentin the following sessions:Int June, |
Int June Int October |
| LAWS6948 Private International Law |
6 | N LAWS3015, LAWS3457 or equivalent unit |
Int March |
| LAWS6955 Fundamentals of Finance Law |
6 | A This unit assumes no previous knowledge and is available to non-lawyers and to lawyers who have not previously studied or practised in the area This unit replaced LAWS6955 Key Legal Concepts in Finance Law. |
Int April Int August |
| LAWS6965 Tax Avoidance and Anti-Avoidance |
6 | Int May |
|
| LAWS6975 Islamic Law and Commerce |
6 |
This unit replaced LAWS6975 Islamic Trade and Finance Law. |
Int March |
| LAWS6977 Law of International Institutions |
6 | A LAWS6243 International Law I or equivalent unit in public international law N GOVT6116 |
Int February |
| LAWS6987 Fundamentals of Commercial Law |
6 | A This unit assumes no previous knowledge and is available to non-lawyers and to lawyers who have not previously studied or practised in the area N LAWS3400 This unit replaced LAWS6987 Introduction to Commercial Law. |
Semester 1 |
| LAWS6991 Fundamentals of Contract Law |
6 | C LAWS6252 N LAWS1002, LAWS1015, LAWS2008, LAWS5002 This unit is only available to non-law graduates who have not undertaken any previous study of contract law. This unit replaced LAWS6991 Introduction to Contract Law. |
Semester 1 |
International Exchange Program units of study |
|||
| This units are only available to students participating in the International Exchange Program. | |||
| BUSS6106 International Exchange Program |
6 |
Note: Department permission required for enrolment |
Semester 1 Semester 2 |
| BUSS6206 International Exchange Program |
6 |
Note: Department permission required for enrolment |
Semester 1 Semester 2 |
| BUSS6112 International Exchange Program |
12 |
Note: Department permission required for enrolment |
Semester 1 Semester 2 |
| BUSS6212 International Exchange Program |
12 |
Note: Department permission required for enrolment |
Semester 1 Semester 2 |
| BUSS6118 International Exchange Program |
18 |
Note: Department permission required for enrolment |
Semester 1 Semester 2 |
| BUSS6218 International Exchange Program |
18 |
Note: Department permission required for enrolment |
Semester 1 Semester 2 |
| BUSS6124 International Exchange Program |
24 |
Note: Department permission required for enrolment |
Semester 1 Semester 2 |
| BUSS6224 International Exchange Program |
24 |
Note: Department permission required for enrolment |
Semester 1 Semester 2 |
2. Postgraduate unit of study descriptions: Master of International Business and Law
Please note: These unit of study descriptions are listed alphanumerically by unit code.
ACCT6002 International Accounting
Credit points: 6 Session: Semester 2,Summer Early,Winter Main Classes: Intensive - Summer and Winter School sessions Assessment: Workshop activities (15%); Group assignment (25%); Final examination (60%)
Note: This unit of study is being run by the Discipline of International Business. All enquiries should be directed to the Discipline of International Business.
Many of the topics in an international accounting course have a domestic counterpart. However, new factors and complications arise in the international arena. Some of these are (1) diversity of laws, practices, customs, cultures, and competitive circumstances; and (2) risks associated with fluctuating exchange rates, differential rates of inflation, and unstable property rights. International accounting discusses issues from the perspective of companies that have internationalised their finance and/or their operations. It has a comparative aspect, comparing accounting across countries. It deals with corporate reporting and disclosure across national boundaries. It also deals with the harmonization of the worldwide diversity in financial reporting, in particular, convergence around International Financial Reporting Standards. It discusses foreign currency translation, a consolidations issue that arises from multinational operations. Finally, it aims to introduce the key issues relevant for undertaking cross-border analysis of financial statements.
CLAW6007 Issues in Law and International Business
Credit points: 6 Session: Semester 2 Classes: One 3 hour class per week which may include one or more of the following: lectures; seminars; tutorials or workshops. Assessment: Mid-semester examination (35%); Group case study (30%); Final examination (35%)
Globalisation enables successful businesses to tap into the international economy to find new and bigger markets for their goods and services. Entering the global marketplace also means greater risk, as businesses deal with new customers, and are forced to operate in unfamiliar legal environments where the "normal" rules of business often don't apply. This unit is aimed at providing students with an understanding of how the global economy is regulated (if at all), and to provide the tools needed to use international business law to minimise the risks of doing business in the global economy. Questions the unit addresses include: What is international business law and what do I need to know?; What institutions ensure a level playing field for my business?; How do I make an agreement to sell my goods to foreign customers?; How do I protect those goods in transit?; How do I ensure payment for goods and services I provide?; How do I build a presence in a foreign market through local agents and distributors?; What considerations apply to entering and borrowing from foreign capital markets?; How can I safely do business online in the global virtual economy?; What if things go wrong?; and How do I fight foreign disputes by my rules and in my court?
CLAW6030 China's Legal Environment for Business
Credit points: 6 Session: Semester 1 Classes: 1x 3hr seminar per week Assessment: Take home mid-term exam (35%), Proposal and presentation (15%), Research paper (50%).
China has recently become the second biggest economy in the world and is Australia's most important trading partner. Australian businesses are increasingly engaging with China. This Unit of Study addresses the frequently asked question of how to do business with China. It addresses China's unique business environment which has resulted from its unique culture, history and demography, and examines the business regulations, tax system, and the administrative and compliance issues businesses will face when carrying on business with China. The Unit first outlines the business environment in terms of culture, history, economics, demography, and government administration. It then provides students with an understanding of the legal environment that businesses will face in China. Through a hypothetical case study, different aspects of business regulation such as contract, entity structure, mergers and acquisition, property and intellectual property rights, the tax system, different tax types and associated international issues, and social insurance are analysed.
FINC6013 International Business Finance
Credit points: 6 Session: Semester 1 Classes: 1 x 3hr seminar per week Assessment: Intra-semester test 1 (15%); Intra-semester test 2 (15%); Group project (20%); Final examination (50%)
In our highly globalised and integrated world economy, understanding vital international dimensions of financial management is becoming increasingly essential for firms and businesses. This unit seeks to provide a greater understanding of the fundamental concepts and the tools necessary for effective financial decision making by business enterprises, within such a global setting.
IBUS6005 Ethical International Business Decisions
Credit points: 6 Session: Semester 1 Classes: 1x 3 hour seminar per week from week 1 to week 13 Assessment: Group Project (30%); Final exam (30%); Individual participation (10%); In class case-studies (15%); Reflective Journals (15%)
In order to succeed in international business, both corporations and individuals need broad decision-making abilities. Business decision-making tools yield more coherent and justifiable results when used with an understanding of the ethical, social and environmental aspects of the process. This applies to various situations in the international business setting including business relations with government, customers, employees, and NGOs. This unit is designed to look at these non-financial elements in the decisions made within the international business context. Following the completion of this unit, students will have enhanced skills and knowledge relevant to the understanding of ethical issues and ethical decisions making in international business organisations.
IBUS6006 Comparative International Management
Credit points: 6 Session: Semester 2 Classes: 1x 3hr class per week Assessment: Group Project (35%); Evaluation of Group Members (5%); Participation (10%); Mid-Semester Exam (20%); Final Exam (30%)
The triad regions, Japan, the United States, and the European Union, together are the homes of almost all of the world's largest 500 corporations. They account for a large majority of world exports. They provide most of the world's outward flows of foreign direct investment, and in addition they are the recipients of most of inward FDI flows. However, they are very different, in firm structure, in regulatory environment, and in the relations between private firms and government agencies. Dealing with them as competitors, customers, suppliers, or partners requires international managers to be aware of these differences and to vary their strategy accordingly. This unit compares the structure and operations of triad firms, and the ways that government agencies frame the operating environment in each region. We look first at the ways firms in each region seek competitive advantage, and how governments have supported them. We then look at a series of cases where firms have moved from their home region into another, at the ways in which they have attempted to transfer their competitive advantage, and at the reasons for their successes and failures. In addition to the specific knowledge of the habits and tendencies of Japanese, United States, and European firms, the techniques of analysis developed in this unit are applicable to a wide range of competitive situations across the global economy.
IBUS6007 International Business Special Project
Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 3 hr seminar per week Assessment: Research proposal (20%); Critique (10%); Instructor updates (15%); Presentation (15%); Major research report (40%)
Note: Department permission required for enrolment
The special project in International Business provides students with an opportunity to undertake a supervised research project on an approved topic.
IBUS6008 Export Management
Credit points: 6 Teacher/Coordinator: C. Welch Session: Semester 2 Classes: 1x 3hr lecture/seminar per week Assessment: Individual learning journal (70%); Final exam (30%)
Exporting is a key international business activity, especially for small and medium-sized enterprises (SMEs). This unit covers both the theory and practice of export management. The main areas covered in the unit are: 1) preparing to export (export stimulation, export readiness and planning), 2) forming and maintaining relationships with intermediaries (including legal considerations), 3) managing risks and export finance, 4) filling export orders. The unit therefore covers both the operational and strategic challenges associated with the exporting process.
IBUS6011 New Business Opportunities and Startups
Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 3 hr lecture/seminar per week Assessment: Group Presentation (20%); Group Assignment (30%); Individual Assignment (30%); Individual presentation (20%)
For small open economies such as Australia's, opportunity identification and exploitation are often critical to firms' long-term growth and survival. Identifying new markets, developing new products and implementing new business models are highly-regarded and valuable skills for entrepreneurs and business managers alike. In addition to exploring the special problems (and advantages) associated with entrepreneurial start-ups, the unit will explore commercialisation and corporate venturing. Topics include opportunity recognition, structuring a business and investment proposal, venture capital and other funding sources, market entry strategies as well as entrepreneurial and creative leadership.
IBUS6012 Business Growth and Innovation
Credit points: 6 Session: Semester 2 Classes: 1x 3 hr lecture/seminar per week Assessment: Individual Assignments (45%); Presentation (10%); Reflective Journal (25%); Participation (20%)
The business landscape is changing, with increasingly global business models and rapidly changing competitive environments buffeting established businesses. Businesses that have 'survived' startup are immediately challenged to build sustainable business models that continually leverage into new markets and products. This unit centres on business- and corporate-level strategy, focussing on the development of skills and knowledge required to spark and cope with rapid business growth. Topics will include harnessing and leveraging resources and capabilities, internationalising ventures, forming alliances, mergers and acquisitions and avoiding the pitfalls of rapid growth. You will also explore the processes involved in strategy formulation, including decision-making and design thinking. The unit is structured around your learning from engaged practice, and requires you to work with businesses in their search for growth options and their appropriate funding.
IBUS6013 Business Restructuring and Renewal
Credit points: 6 Session: Semester 2 Classes: 1x 3hr lecture/seminar per week Assessment: Group Presentation (15%); Group Project (20%); Individual Assignment (30%); Final Exam (35%)
Entrepreneurial business opportunities do not always relate to early-stage or start-up businesses. Later-stage business investments, whether buying existing businesses or turning around failing enterprises, are a significant and growing focus of entrepreneurial activity. This unit explores the process of acquiring and reinvigorating established businesses and how to secure private equity funds (leveraged buy-outs) or corporate funding. The focus is on opportunity evaluation, business model innovation, management and revitalisation rather than financial structuring. Students will have the opportunity to apply the functional skills learned in core strategy, finance, marketing, and management units to real opportunities. As well as being of interest to those wishing to acquire and manage their own business, the unit is appropriate for those working in 'big' business and the financial markets.
IBUS6014 Intellectual Property Management
Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr seminar/wk Assessment: Presentation (10%); Projects (30%); Individual Essay (20%); Final Exam (40%)
Intellectual property (IP) represents the property of your mind, intellect, and proprietary knowledge. There are a number of means of protecting your IP, including patents, copyright and trade marks. Creating IP does not necessarily mean you own the rights to use it, as most forms require you to take formal steps to register your IP and obtain the legal rights of ownership (both in Australia and internationally). This unit of study will cover aspects including the concept of IP, how to identify and protect it in a local and international context, creating the conditions to encourage and leverage IP in a commercial context, how to manage a portfolio of IP, and enforcement scenarios. The unit concentrates on how to utilise IP to create, control and exchange value, with particular attention paid to the practice of open innovation.
IBUS6016 Social Entrepreneurship
Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture per week and 1x 1hr reading and/or case per week for 12 weeks Assessment: Group Project Presentation (15%); Individual Contribution (15%); Group Report (35%); Individual Audio Assignment (35%)
Social entrepreneurs are committed to furthering a social mission through enterprises that rank social, environmental or cultural impact on a par with, or even above, profit. Intersecting the business and not-for profit worlds, social entrepreneurship addresses many complex local and global problems. This unit will critically introduce the concept and develop frameworks for understanding social entrepreneurship (also referred to as social enterprise and social innovation). Teaching and learning will utilise case studies, and include the opportunity to apply real-world experiences. Topics will include creating innovative social enterprises, sustainable business models, philanthropy and funding, impact assessment, and leadership.
IBUS6017 Enterprise and the Creative Industries
Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture per week for 12 weeks and 1x 1hr reading per week for 10 weeks. Assessment: Group Project Presentation (15%); Individual Contribution (15%); Group Report (35%); Individual Audio Assignment (35%)
The creative industries include architecture, design, film, television, music, the performing arts, advertising, publishing and the visual arts. These industries are characterised by the presence of creative individuals, large and powerful distributors (such as film studios) and the leveraging of copyright. Business success is driven by imagination and novelty, with creativity and innovation essential. This unit explores enterprise development in these industries, and will be of use to those intending to work in these industries, as well as those applying the skills and capabilities to other industries.
IBUS6019 Strategy and Emerging Markets
Credit points: 6 Session: Semester 1 Classes: 1X 3 hour lecture/seminar per week Assessment: Group project (30%), In-class activity & Quiz (10%); tutorial participation (10%), mid-term exam (20%), final exam (30%)
Do you have an Emerging Market Strategy? This is a question that an increasingly large number of company managers, especially in the developed western world, are trying to answer. This unit of study will lay the foundations of strategy making in emerging markets, with an emphasis on four of the largest emerging markets of the world today - Brazil, Russia, India and China - often termed as the BRIC countries. Utilizing frameworks from mainstream strategy and international business disciplines, this unit will analyze emerging markets from the perspective of primarily two simultaneous phenomena - multinationals from developed markets trying to tap into emerging markets, and companies from emerging markets globalizing their operations and consequently changing the global competitive landscape.
MIBS6001 Global Business Environment
Credit points: 6 Session: Semester 1,Semester 2 Classes: 1 x 3 hr lecture/seminar per week Assessment: Workshop (30%), Final scenario planning (20%), Class participation (10%), Final exam (40%)
Note: This unit is available only to students enrolled in the Master of International Business and MIB combined degrees.
This unit aims to build a systematic approach to analysing contemporary developments in the global business environment. Topics covered include political regulation and political risk, international cooperation on trade and investment, the diversity of capitalism, technological and social change, and business responses to climate change. Business responses to the global business environment will be a focus, with students actively learning through real world cases, problem-solving and workshops. The unit provides students with the opportunity to develop skills in comparative and country analysis, assessing and managing risk and identifying business opportunities, designing risk identification and forecasting systems, as well as a consideration of ethics and human rights in business.
MIBS6002 Global Management and Culture
Credit points: 6 Session: Semester 1,Semester 2 Classes: 1 x 3 hr lecture/seminar per week Assessment: Participation (10%), Reflection paper (10%), Exam (45%), Group presentation and report (35%)
Note: This unit is available only to students enrolled in the Master of International Business and MIB combined degrees.
The effective management of employees from diverse backgrounds poses a significant challenge for many international organizations, as well as for domestic firms which inevitably face the dilemma of workforce diversification. However, as organizations move from domestic to global business arenas, meeting this cross-cultural challenge is also one of the key levers for achieving competitive advantage. For managers working in such contexts, the ability to carefully observe and analyse cross-cultural situations is fundamental to individual and organizational success. The underlying driver in achieving this success is the understanding of one's cultural assumptions and how these impact interactions with others, decision making processes and even perception of the world around us. This unit will address these issues.
MIBS6003 Global Strategy
Credit points: 6 Session: Semester 2 Classes: 1 x 3 hr lecture/seminar per week Assessment: Consulting project (25%), In-class activities and quiz (10%), Tutorials (15%), Mid-term exam (20%), Final exam (30%)
Note: This unit is available only to students enrolled in the Master of International Business and MIB combined degrees.
This unit of study, third in the sequence of six core units students will take in the MIB program, focuses on how international companies win and lose in global competition. Topics include international strategies such as entry mode choices, cross-border strategic alliances, joint ventures, and mergers & acquisitions. The emphasis of the unit is on the application of contextual knowledge about international business and strategic management theories as tailored to emerging markets, and in particular to analyze decisions faced by companies operating in the Asia Pacific region.
MIBS6004 Managing Global Operations
Credit points: 6 Session: Semester 2 Classes: 1 x 3 hr lecture/seminar per week Assessment: Global strategy simulation game and game consulting report (35%), class participation (15%), Foreign market entry and impact assessment (35%), Presentation (15%)
Note: This unit is available only to students enrolled in the Master of International Business and MIB combined degrees.
While Global Strategy (MIBS6003) lays out the concepts and theory relevant to a firms' entry into a new market, this unit focuses on how to successfully implement and manage foreign market operations. The key question addressed is how to manage operations of foreign subsidiaries successfully and sustainably. The unit will first discuss the process of setting up global operations and managing the social and economic impact of global operations on host countries. It will then focus on issues related to managing the network of foreign subsidiaries, including managing international acquisitions and strategic alliances, and the flow of personnel, innovation, and knowledge within this network. To complement the conceptual discussions, students will be involved in a global strategy simulation game in which they will manage a simulated multinational company and its subsidiary network, as well as develop a plan to revamp existing global operations.
MIBS6005 International Business Project A
Credit points: 6 Session: Int December,Int November,Semester 2 Assessment: Project report and presentation to company (50%), Presentation to academics (25%), Assurance of learning portfolio (25%)
Note: Department permission required for enrolmentin the following sessions:Semester 2
Note: This unit is available only to students enrolled in the Master of International Business and MIB combined degrees.
The International Business Project comprises of two units - MIBS6005 and MIBS6006 - and constitutes the final two units students take to complete the Master of International Business program. Students will engage in a real life mini-consulting project where they will work on a project brief provided by participating international companies and designed in consultation with academic staff. Students will work in small groups of four to five students, overseen both by academic staff and representatives from the company for which the project is being executed. Projects will typically last for six weeks and will aim primarily at defining and solving problems related to the participating company's international operations. Projects may be with companies based in Australia or overseas. Overseas projects in most cases will be part of an international study tour the discipline will organize from time to time. While most projects will be sourced and organized by the discipline, the unit coordinator and / or program director may also allow students to work on their own projects. On completion of the project, students will be expected to demonstrate that they have achieved the program's learning goals.
MIBS6006 International Business Project B
Credit points: 6 Session: Int December,Int November,Semester 2 Assessment: Project report and presentation to company (50%), Presentation to academics (25%), Assurance of learning portfolio (25%)
Note: Department permission required for enrolmentin the following sessions:Semester 2
Note: This unit is available only to students enrolled in the Master of International Business and MIB combined degrees.
The International Business Project comprises of two units - MIBS6005 and MIBS6006 - and constitutes the final two units students take to complete the Master of International Business program. Students will engage in a real life mini-consulting project where they will work on a project brief provided by participating international companies and designed in consultation with academic staff. Students will work in small groups of four to five students, overseen both by academic staff and representatives from the company for which the project is being executed. Projects will typically last for six weeks and will aim primarily at defining and solving problems related to the participating company's international operations. Projects may be with companies based in Australia or overseas. Overseas projects in most cases will be part of an international study tour the discipline will organize from time to time. While most projects will be sourced and organized by the discipline, the unit coordinator and / or program director may also allow students to work on their own projects. On completion of the project, students will be expected to demonstrate that they have achieved the program's learning goals.
MKTG6013 International and Global Marketing
Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 3hr seminar per week Assessment: Participation (20%), Midterm exam (25%), Final assignment written project (35%), Final assignment presentation (20%)
This unit introduces students to international marketing using the marketing concept. It firstly considers environmental factors and then studies how marketing strategies are affected by those environmental factors. It aims to give students an awareness and understanding of international marketing concepts and highlight their importance in a rapidly changing global economy. Additionally it aims to develop student skills in designing and implementing marketing strategies in diverse international and global contexts.
Degree rules and resolutions
Master of International Business and Law
These resolutions must be read in conjunction with applicable University By-laws, Rules and policies including (but not limited to) the University of Sydney (Coursework) Rule 2000 (the 'Coursework Rule'), the Resolutions of the Faculty, the University of Sydney (Student Appeals against Academic Decisions) Rule 2006 (as amended) and the Academic Board policies on Academic Dishonesty and Plagiarism.
Course resolutions
1 Course codes
|
Code |
Course title |
|---|---|
|
FC073 |
Master of International Business and Law |
2 Attendance pattern
3 Master's type
4 Admission to candidature
(1)
Available places will be offered to qualified applicants ranked on merit in accordance with the following criteria:
(a)
a bachelor's degree, graduate diploma, graduate certificate or equivalent at an institution approved by the Business School and graded at a standard acceptable to the Business School; and where applicable:
5 Requirements for award
(1)
The units of study that may be taken for the course are set out in the Table of postgraduate units of study: International Business and Law.
(2)
To qualify for the award of the Master of International Business and Law, candidates must complete 72 credit points including:
6 Transitional provisions
(2)
Candidates who commenced prior to 1 January, 2012 must complete the requirements in accordance with the resolutions in force at the time of their commencement, provided that requirements are completed by 1 January, 2017. The Business School may specify a later date for completion or specify alternative requirements for completion of candidatures that extend beyond this time.