Global Business Practicum - July 2018

The Global Business Practicum (BUSA90485) is an in-company intensively-taught subject where students experience the unique business practices and culture of an international company first-hand. The aim of the Global Business Practicum is to connect teams of no more than four students to an internationally-based company where they are given a challenging business project to work on.

Students participating in the July intake of the program travel to Kuala Lumpur, Guangzhou or Shanghai.

View this subject in the Handbook

Image: Shanghai

  • About the Global Business Practicum

    The Global Business Practicum aims to expose students to:

    • international work practices and cultures;
    • an increased global network;
    • the experience of working closely in a team;
    • challenging and intensive real-life working environments;
    • the application of theory to practice; and
    • a great travel experience.

    The Global Business Practicum is worth 12.5 credit points and is offered in January, July and November of each year.

    Destination cities have included Hong Kong, Kuala Lumpur, Shanghai, London and Singapore. Projects have included a feasibility study, marketing project, customer analysis or market research, across a range of companies including multinational banks, accounting firms, insurance firms and not-for-profit organisations.

    Read more about previous Business Practicum student experiences here

  • Key dates

    To take part in the Global Business Practicum, these are the key dates you need to be aware of:

    KEY ACTIVITYDATE
    Applications openMonday 26 February 2018
    Choosing a Business Practicum Sessions

    Wednesday 7 March 5 - 6pm
    Thursday 8 March 12 - 1pm

    Please see information session section below for more details

    Applications closeSunday 18 March 2018, midnight
    Group interviews Applicants will be allocated an interview time between Tuesday 27 - Thursday 29 March
    Offer acceptance and $500 deposit due date Friday 20 April 2018
    Introductory briefing Tuesday 8 May 2018
    Pre-Departure Seminar Saturday 23 & Sunday 24 June 2018
    In-country datesWednesday 4 - Thursday 19 July 2018
    In-company componentThursday 5 – Wednesday 18 July 2018
    Presentation On or prior to Wednesday 18 July 2018
    Business Practicum Celebration Thursday 26 July 2018

    Please note that these dates are compulsory and all students who are given an offer for the Global Business Practicum are expected to participate in all of these activities. If you know in advance that you won’t be able to commit to one or more of these dates, it's best that you don't apply.

  • Who should submit an application?

    The below criteria should help you determine whether you would be a strong candidate for the Global Business Practicum:

    • Your Weighted Average Mark (WAM) is 65% or higher. Due to limited spaces, entry into the Global Business Practicum is competitive. The minimum average grade requirement for the Global Business Practicum is 65% and the Selection Committee considers the following when allocating places:
      • Academic Performance
      • Quality of CV
      • Interview performance
      • An overall match of skills, experience and interests to the available project
    • You have completed a minimum of:
      • 200-point degree students: completion of a minimum of 50 points at time of application; or
      • 150 point degree students: completion of a minimum of 50 points at time of practicum commencement if you have a business background (e.g. studied business subjects in an undergraduate degree or relevant work experience).

        Note: All students enrolled in a 200-point degree must first have completed 50 points before applying, regardless of educational background.
    • You are only applying for one Business Practicum subject (Global or Melbourne) for the intake. Please only submit an application for one of the Business Practicum subjects per intake. Students who apply for both MBP and GBP during the same intake (e.g. the July Business Practicums) will not be considered for either subject.
    • You have checked that there is capacity within your study plan for an elective subject worth 12.5 points.

    Please note: Students undertaking Master of Commerce (Finance) and the Master of Management (Accounting) 150pt program are generally ineligible to apply, due to limited elective options available in the course.

  • How much will it cost?

    Costs & Payments

    In addition to the standard University subject fee, there is an additional fee of between $1,400 - $1,900 for the Global Business Practicum. The fee will be finalised once accommodation has been booked.

    What is included?

    • 13 - 15 nights bed and breakfast accommodation (in min. 3* equivalent accommodation based on a twin share, air-conditioned, ensuite room.)
    • Sightseeing/cultural tour
    • the University of Melbourne also offers a complimentary standard travel insurance.

    What is not included?

    • International airfare
    • Lunch, dinner and spending money
    • Visa (if required)
    • Local transportation
    • Additional personal insurance
  • Grants, scholarships and funding

    Global Business Practicum Travel Grant

    All students who are given a place in the Global Business Practicum and successfully enrol in the subject will be eligible to for the $1,000 Global Business Practicum Travel Grant to assist with costs.

    Global Business Practicum Prize

    The following prizes will be awarded to the most impressive July 2018 Global Business Practicum applicants:

    1 x $1,500 prize for the best MBS student traveling to Guangzhou
    1 x $1,500 prize for the best MBS student traveling to Kuala Lumpur
    1 x $1,500 prize for the best MBS student traveling to Shanghai

    Selection is based on academic average and interview performance. These prizes are available to MBS students only.

    There is no separate application to be considered for a prize and selected students will be notified of their award at the same time as the offer for a place in the subject.

  • Information Sessions

    As we offer two equally exciting Business Practicum subjects, it can be difficult to determine which one is right for you. To help you decide, come to our Choosing a Business Practicum Information Session which will compare each of the programs, helping you to make the best choice.

    Choosing a Business Practicum Information Sessions:

    March 5, 2018
    12pm - 1pm 
    Venue to be confirmed
    Register here

    March 5, 2018 (repeat session)
    5.15pm - 6.15pm 
    Venue to be confirmed
    Register here

    Please note that we are still finalising a venue for each of these sessions. To ensure we can keep you updated, please register to your preferred session (not both) and we will email you the final venue closer to the session date.

  • Apply now!

    Applications for BUSA90485 Global Business Practicum are open from Monday 26 February – Sunday 18 March (midnight). Access the online form via the button below.

    APPLY NOW!

  • Contact us

    If you have any questions about Global Business Practicum please send an email to: mbs-practicums@unimelb.edu.au

Have a question? Contact MBS