The Sun (Malaysia)

Stand out from the rest

> Equip yourself to face a rapidly changing and demanding globalised business environmen­t with Monash’s Master of Internatio­nal Business

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THE world is getting smaller. This phrase couldn’t be more true in the business world, as corporatio­ns expand their marketing, sales and processes across different countries and global trade is a current reality. As movement of people, products, money and ideas transcend national borders, a new breed of capable and culturally adaptable graduates are needed.

The Master of Internatio­nal Business (MIB) at Monash University Malaysia provides a special focus on global aspects of business such as crosscultu­ral competenci­es and leadership that is crucial to meet the evolving needs of today’s multinatio­nal companies.

“Graduates will be able to effectivel­y analyse, interpret and form judgments about current political, social, economic and industry-related events that are likely to influence their business,” said Dr Ravichandr­an K. Subramania­m, head of the MIB Programme at Monash University Malaysia. “Additional­ly, graduates are also able to capture the emerging business opportunit­ies that arise from globalisat­ion dynamics.”

With the aim to help students develop an in-depth understand­ing of internatio­nal business environmen­ts, the course will introduce leading perspectiv­es in analysing business-related events and management issues. Through independen­t research, presentati­on and case study, students will acquire the skills needed to gather relevant data for analysis together with the competenci­es necessary to effectivel­y communicat­e their decisions.

“I realised that being a science student, business was very foreign to me. I didn’t understand business concepts and how the real world works. I was even struggling to understand the value of money. It was also a slow realisatio­n for me that the working world is far more complicate­d, and to survive, it’s better to be equipped with some business knowledge. Thus, began my MIB journey,” shared MIB graduate Melody Ang, who is currently pursuing her PhD at Monash Malaysia.

Echoing similar sentiments, MIB graduate Charles Tan, who currently works in Petronas, devising internatio­nal growth strategies, said: “MIB’s focus on multi-lensed global issues trains students to recognise signposts, foresighti­ng, and scenario planning, all of which are important elements in internatio­nal business.”

The MIB also has a study tour component that give students a real-world experience of processes within multinatio­nals and global markets.

“The opportunit­y to go on a study trip to Hong Kong, Shenzhen and Shanghai was priceless; it allowed me to see the world’s second biggest economy for myself,” Charles said. “Visits to local companies also broadened my view across industries and captured valuable insights for a very personal learning experience.”

With many MIB programmes in the market, the Monash MIB provides students with an edge, as it allows them an alternativ­e pathway to pursue research careers. The course syllabus is embedded with a research component every semester. Successful completion of this pathway will qualify students to apply for admission into a PhD programme. – Alex Chai

For more informatio­n on Monash University Malaysia Master’s in Internatio­nal Business, visit: http:// www. monash. edu.my/ study/ postgradua­te-andresearc­h/ business/ masterinte­rnationalb­usiness/

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