Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International...

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Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐ INDIA 1

Transcript of Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International...

Page 1: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Faculty of Business and Economics

IBUS20007 International Business Experience

Summer 2019

Delhi ‐ INDIA

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Page 2: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Outline

Why study overseas?

FBE short‐term mobility opportunities

IBUS2007 International Business Experience (Delhi, India)

Program details and funding opportunities

Key dates and applications

Questions?

Page 3: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Why study overseas?

10‐15 years after graduation, 87% of students still reported that their overseas study experience ‘has enhanced my overall employability’

Looks great on your resume

Scholarships and other financial

assistance is available

Cross-cultural skills in a globalised

world

Expand your language skills

Experience life and study in

another country

Source: Nunan, P. (2006). An exploration of the long term effects of student exchange experiences

Page 4: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Why study overseas?

81% of employers agreed that graduates who had studied overseas return to Australia with enhanced skills that are applicable to the workplace

Source: Wiers‐Jenssen, J. (2008). Does higher education attained abroad lead to international jobs?  Source: Parey, M., & Waldinger, F. (2007). Studying abroad and the effect on international labor market mobility

Competency With international experience Without international experience

Foreign language proficiency 88% 48%

Knowledge / understanding of differences in culture and society

76% 28%

Ability to work with people of other cultural backgrounds

76% 40%

Professional knowledge of other countries (economy, social, legal)

59% 16%

Adaptability 81% 57%

Assertiveness, persistence, decisiveness 75% 57%

Page 5: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

FBE short‐term mobility subjects

• MGMT30017 Global Management Consulting

• IBUS20007 International Business Experience

Singapore

Taiwan Taiwan December

2017

China India India July 2018

India India Summer

Page 6: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

IBUS20007 International Business ExperienceSUMMER

Delhi, India

Page 7: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Subject overview

• Level 2 FBE subject ‐ 12.5 credit points

• Insight into India: Business and Economic Development

• Spend two weeks on a study tour:‐ Company visits (government & non‐government)‐ University visit to meet and learn from Indian 

students‐ Excursions‐ Cultural activities

• Assessment includes reflective essay; research report and group presentation

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Compulsory subject components

Introductory briefingTravel | Logistics | Subject Enrolment | ScholarshipsThursday 20 September 2018 (5:15pm)

Pre‐departure seminarSubject overview | Group bonding | Country briefing | Research and report writing skills Monday 19 and Tuesday 20 November 2018 (9:00am ‐ 5:00pm)

Two weeks in India with FBE academic mentorSunday 20 January to Friday 1 February 2019

Subject debriefWritten assessmentsGroup presentations and subject review

Page 9: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Subject costs

• Subject tuition fee

• Program fee‐ $1,800 ‐ $2,200 *indicative only ‐ Non refundable‐ Covers 12 nights bed and breakfast (twin‐share accommodation), some meals, company 

visits, program excursions and tours

• NOT included in the program fee‐ Airfares‐ Visa‐ Other meals‐ Incidentals

Important to remember: the above costs are in addition to your subject tuition fee

Page 10: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Funding available

New Colombo Plan (NCP) grants‐ Large number of grants available ‐ valued at $3,000‐ Available to Australian citizens ‐ Cannot hold dual citizenship with the host country or residency rights of the host country ⁻ DFAT have advised that holders of a PIO card are ineligible for a NCP grant to India⁻ Must not have previously received NCP funding for a short‐term mobility subject

Melbourne Mobility Awards ‐ Participants not awarded a NCP grant can apply for a Melbourne Mobility Award‐ Available to local and international students ‐ valued at $1,000‐ Can only be awarded one Mobility Award for duration of course 

($2,500 grants available for semester long overseas study e.g. exchange)

Page 11: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Applications

• Applications due Thursday 23 August (midnight)

• What do we look for?‐ Indicative minimum WAM = 70%‐ Must have completed at least 100 credit points towards the BCom prior to departure⁻ Your CV⁻ A short statement of purpose

Page 12: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Key dates to note

Activity Date

Applications close Thursday 23 August 2018

Offers from Monday 27 August 2018

Non‐refundable deposit ($200) Friday 07 September 2018

Introductory briefing (compulsory) Thursday 20 September 2018

Pre‐departure seminar (compulsory) Monday 19 & Tuesday 20 November 2018

In country dates:‐ Accommodation paid from‐ Latest arrival time‐ First day of the program‐ Last day of the program‐ Departure from

Sunday 20 January 2019Sunday 20 January (evening) 2019Monday 21 January 2019Thursday 31 January 2019Friday 01 February 2019

Page 13: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Visa requirements

• Most participants will require a visa (very few countries which do not need visa to enter India)

• We are in process of confirming the visa type that will be required

• Passport must have a minimum of six months validity post arrival in India

• We will provide letters of support if required

Page 14: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Next steps

• Apply onlinehttp://fbe.unimelb.edu.au/students/bcom/current‐students/international‐business‐experience

• All applications will automatically be assessed for a New Colombo Plan (NCP) grant‐ Only available to domestic undergraduate students‐ Will be advised with offer if NCP grant awarded

• Applicants not eligible for NCP funding can apply for a Melbourne Mobility Award

Page 15: Faculty of Business and Economics · Faculty of Business and Economics IBUS20007 International Business Experience Summer 2019 Delhi ‐INDIA 1. ... Singapore Taiwan December 2017

Questions ??

global‐engagement‐[email protected]

IBUS20007 ‐ Summer 2019

Delhi ‐ INDIA

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