Workplace Opportunities
Business Practicum - February 2019
BUSA90473 Business Practicum is an in-company intensive subject where students experience the unique business practices and culture of a company first-hand in Melbourne.
The Business Practicum is worth 12.5 credit points and is offered in February and July of each year.
Please read on to find out what you could gain from participating in the Business Practicum.
-
Why take BUSA90473 Business Practicum
Studies show that having a well-developed range of transferrable skills is crucial for the success of individuals, businesses and societies. Often referred to as employability or ‘soft’ skills, these are the non-technical skills such as communication, teamwork, problem solving, critical thinking and self-management which are developed through exposure to experiences outside the classroom - like work integrated learning subjects, internships and on-the-job learning.
When these employability skills are combined with technical skills/qualifications and personal attributes, an individual becomes employable across a range of industries, increasing job prospects, becoming a more competitive job-seeker and being a more attractive potential hire.
So what does this have to do with the Business Practicum?
As well as being an impressive addition to any CV, the primary aim of the Business Practicum is to provide graduate students with opportunities to develop and enhance employability skills from application right through to the final assessment and beyond.
It is expected that 2/3 jobs will be soft skill intensive by 2030, so finding opportunities to develop these skills as early as possible is becoming increasingly important.
In the Business Practicum this is done by:
- Working closely in a team;
- Building resilience by being exposed to challenging and intensive working environments;
- Communicating with a range of stakeholders;
- Increasing networks;
- Using critical thinking and problem-solving skills to solve a real business problem;
- Applying classroom theory to real world practice.
Don’t just take our word for it! Read about previous Business Practicum (previously known as Melbourne Business Practicum) student experiences here.
-
Key dates
To take part in the Business Practicum, there are compulsory dates you need to be aware of:
February 2019 Applications open Monday 30 July 2018 Applications close Sunday 26 August 2018 Group interviews Applicants will be allocated an interview time between Wednesday 19 - Thursday 20 September 2018 Induction week Tuesday 29 January - Friday 1 February 2019 In-company component Monday 4 February – Friday 15 February 2019 Mid Company Team Catch-up Thursday 7 February 2019, 6 - 7.30pm Presentation Between Friday 15 February – Wednesday 20 February 2019 Please note that these dates are compulsory and all students who are given an offer for the 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, please do not apply.
-
Eligibility Criteria
The below criteria should help you determine whether you would be a strong candidate for the Business Practicum:
You are enrolled into an MBS graduate degree
MBS students who have already completed one practicum subject may submit an expression of interest to take another but will be placed on a waiting list and only considered should a place become available.
Non-MBS students are not eligible to apply for BUSA90473 Business Practicum or BUSA90485 Global Business Practicum.
Your Weighted Average Mark (WAM) is 65% or higher
Due to limited spaces, entry into the Business Practicum is competitive. The minimum average grade requirement for MBP 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 projects
You have completed a minimum of points
- 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 Practicum subject (Global or Business Practicum) for the intake
Please only submit an application for one of the Practicum subjects per intake. Students who apply for both the Business Practicum and Global Business Practicum during the same intake (e.g. July) 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
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.
-
Business Practicum Prize
The following prizes will be awarded to the most impressive February 2019 Business Practicum applicants:
2 x $500 prizes for the best local MBS student
2 x $500 prizes for the best international MBS studentSelection is based on academic average and interview performance.
A separate application to be considered for a prize is not required. Selected students will be notified of their award at the same time as the offer for a place in the subject.
-
Frequently Asked Questions
WHAT EXPERIENCE DO I NEED TO APPLY?
Can I apply if I don’t have any consulting experience?
Yes, there is a full selection process including a group interview to determine your eligibility and suitability for the program. Selection is not based on existing consulting experience.
What if I don’t have any work experience on my CV?
We are looking at how the CV is put together, not the work experience. We understand that many students will not have work experience.CONCURRENT STUDY
I want to take an online intensive subject over the summer/winter break while also completing the BP (e.g. Ethics in Finance). Is this okay?
No, even though the subject is online, students participating in the BP will not be permitted to enrol in any other subjects that run during the same dates as the practicums. BP is intensive and requires 100% commitment from students.PROJECTS AND TEAMS
Can I choose the company or type of project?
No, students are allocated to teams and companies with specific projects. However, students are given the opportunity to advise their areas of interest which we endeavour to consider when allocating teams. Students would not be allocated to a project where they did not have the technical skills required. Most projects are multi-disciplinary. -
Information Sessions
When you have decided that the Global Business Practicum is the right choice for you, come along to our Choosing a Business Practicum Information Session where you can meet the Work Integrated Learning Teaching Specialist, listen to previous Business Practicum students talk about their experiences and ask questions about the program.
Information sessions have now passed for the February 2019 program. Information regarding the February 2019 Business Practicum subject will be posted here in mid 2019.
Please note: Information sessions are not compulsory but we may ask to scan your student ID upon arrival so that we can collect data on numbers attending.
-
Apply Now
This program will be running again in July 2019 and applications will open on Monday 4 March 2019. Visit the Business Practicum July 2019 page for more information.
-
Contact us
If you have any questions about the Business Practicum please send an email to: mbs-practicums@unimelb.edu.au
Business Practicum - July 2018
BUSA90473 Business Practicum is an in-company intensive subject where students experience the unique business practices and culture of a company first-hand.
The Business Practicum is worth 12.5 credit points and is offered in February and July of each year. Program details will be updated in early 2019.
Please read on to find out what you could gain from participating in the Business Practicum.
-
Why take BUSA90473 Business Practicum
Studies show that having a well-developed range of transferrable skills is crucial for the success of individuals, businesses and societies. Often referred to as employability or ‘soft’ skills, these are the non-technical skills such as communication, teamwork, problem solving, critical thinking and self-management which are developed through exposure to experiences outside the classroom - like work integrated learning subjects, internships and on-the-job learning.
When these employability skills are combined with technical skills/qualifications and personal attributes, an individual becomes employable across a range of industries, increasing job prospects, becoming a more competitive job-seeker and being a more attractive potential hire.
So what does this have to do with the Business Practicum?
As well as being an impressive addition to any CV, the primary aim of the Business Practicum is to provide graduate students with opportunities to develop and enhance employability skills from application right through to the final assessment and beyond.
It is expected that 2/3 jobs will be soft skill intensive by 2030, so finding opportunities to develop these skills as early as possible is becoming increasingly important.
In the Business Practicums this is done by:
- Working closely in a team;
- Building resilience by being exposed to challenging and intensive working environments;
- Communicating with a range of stakeholders;
- Increasing networks;
- Using critical thinking and problem-solving skills to solve a real business problem;
- Applying classroom theory to real world practice.
Don’t just take our word for it! Read about previous Business Practicum student experiences here.
-
Key dates
To take part in the Business Practicum, there are compulsory dates you need to be aware of:
July 2018 Intake:
Applications Open Monday 26 February Applications Close Sunday 8 April Group Interviews Tuesday 17 ‐ Thursday 19 April $200 deposit due date (Sydney students only) Tuesday 8 May Balance due date (Sydney students only) Tuesday 22 May Induction week Monday 25 June - Friday 29 June In company dates Monday 2 July ‐ Friday 13 July Mid Program Team Catch-up
(Melbourne students only)Thursday 5 July, 6 - 7.30pm Final presentation to host company Sydney: by Friday 13 July
Melbourne: between 13 -18 JulyEmployability Reflective Workshop Wednesday 25 July
5.30pm - 7.30pm -
Eligibility Critera?
The below criteria should help you determine whether you would be a strong candidate for the Business Practicum:
You are enrolled into an MBS graduate degree
MBS students who have already completed one practicum subject may submit an expression of interest to take another but will be placed on a waiting list and only considered should a place become available.
Non-MBS students are not eligible to apply for BUSA90473 Business Practicum or BUSA90485 Global Business Practicum.
Your Weighted Average Mark (WAM) is 65% or higher
Due to limited spaces, entry into the Business Practicum is competitive. The minimum average grade requirement for MBP 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 projects
You have completed a minimum of points
- 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 Practicum subject (Global or Business Practicum) for the intake
Please only submit an application for one of the Practicum subjects per intake. Students who apply for both the Business Practicum and Global Business Practicum during the same intake (e.g. July) 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
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?
Students allocated to Melbourne:
Standard University subject fee, plus any local transport costs and meals.
Students allocated to Sydney:
Standard University subject fee, plus an additional fee of $1427. Additional fee includes a 4 person share apartment, 2 x twin rooms, 2 x bathrooms and a fully equipped kitchen. This fee does not include your airfare, local transport, meals or spending money.
Funding available for Sydney
All students are eligible for a $750 scholarship to assist with costs.
-
Business Practicum Prize
The following prizes will be awarded to the most impressive July 2018 Business Practicum applicants:
2 x $500 prizes for the best local MBS student
2 x $500 prizes for the best international MBS studentSelection is based on academic average and interview performance.
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.
-
Frequently Asked Questions
WHAT EXPERIENCE DO I NEED TO APPLY?
Can I apply if I don’t have any consulting experience?
Yes, there is a full selection process including a group interview to determine your eligibility and suitability for the program. Selection is not based on existing consulting experience.
What if I don’t have any work experience on my CV?
We are looking at how the CV is put together, not the work experience. We understand that many students will not have work experience.CONCURRENT STUDY
I want to take an online intensive subject over the summer/winter break while also completing the BP (e.g. Ethics in Finance). Is this okay?
No, even though the subject is online, students participating in the BP will not be permitted to enrol in any other subjects that run during the same dates as the practicums. BP is intensive and requires 100% commitment from students.CITIES, PROJECTS AND TEAMS
Can I choose the BP city?
Students can nominate their order of preferences of BP cities. Nominating only one city may reduce the likelihood of being selected into the program.
Can I change my city preference once I’ve been accepted?
No, preferences are not able to be negotiated once the offer has been accepted. We base substantial decision making and coordination of arrangements on the nominated preferences.
Can I choose the company or type of project?
No, students are allocated to teams and companies with specific projects. However, students are given the opportunity to advise their areas of interest which we endeavour to consider when allocating teams. Students would not be allocated to a project where they did not have the technical skills required. Most projects are multi-disciplinary.SYDNEY ACCOMMODATION
I have family that live in Sydney. Can I stay with them during the BP or do I have to stay at the organised accommodation?
Students must stay at the organised accommodation due to the intensive nature of the subject and because a lot of the teamwork happens during the evening and late into the night.Can I pay an additional cost and have my own single room?
No, package costs have been worked out based on twin share rooms with accommodation secured up to six months in advance. Single rooms are not practical for the remaining students who may not wish to pay extra for a single room, nor can the availability of additional rooms be guaranteed.I have a friend of different gender, can we request to share a room?
No, whilst we understand there are close friendships between students, accommodation bookings and package costs are based on twin share rooms. Mixed gender twin share rooms are not practical for the remaining students who may not wish to share with a student of a different gender.Can my partner/friend accompany me while I am taking part in BP?
No, this is an intensive two week for-credit subject which requires you to be available to work with your team for the duration of the program. You can travel with your partner/friend prior to or after the completion of the program. -
Information Sessions
As we offer two equally exciting Practicum subjects, it can be difficult to determine which one is right for you.To help you decide, come to our Choosing a Graduate Practicum Information Session which will compare each of the programs, helping you to make the best choice.
Information sessions have now passed for the July 2018 program. Information regarding the July 2019 Business Practicum subject will be posted here in early 2019.
Please note: Information sessions are not compulsory but we may ask to scan your student ID upon arrival so that we can collect data on numbers attending.
-
Apply Now
Applications for the July 2019 intake will open from Monday 04 March 2019. An application form will be posted here the day applications open.
-
Contact us
If you have any questions about Melbourne Business Practicum please send an email to: mbs-practicums@unimelb.edu.au
Global Business Practicum - November 2018
BUSA90485 Global Business Practicum is an in-company intensively-taught subject where students experience the unique business practices and culture of an international company first-hand.
The Global Business Practicum is worth 12.5 credit points and is offered in January, July and November of each year. Students participating in the November intake of the program will travel to London or Hong Kong.
Please read on to find out what you could gain from participating in the Global Business Practicum.
-
Why take BUSA90485 Global Business Practicum
Studies show that having a well-developed range of transferrable skills is crucial for the success of individuals, businesses and societies. Often referred to as employability or ‘soft’ skills, these are the non-technical skills such as communication, teamwork, problem solving, critical thinking and self-management which are developed through exposure to experiences outside the classroom - like work integrated learning subjects, internships and on-the-job learning.
When these employability skills are combined with technical skills/qualifications and personal attributes, an individual becomes employable across a range of industries, increasing job prospects, becoming a more competitive job-seeker and being a more attractive potential hire.
So what does this have to do with the Global Business Practicum?
As well as being an impressive addition to any CV, the primary aim of the Global Business Practicum is to provide graduate students with opportunities to develop and enhance employability skills from application right through to the final assessment and beyond.
It is expected that 2/3 jobs will be soft skill intensive by 2030, so finding opportunities to develop these skills as early as possible is becoming increasingly important.
In the Global Business Practicums this is done by:
- Working closely in a team;
- Building resilience by being exposed to challenging and intensive working environments;
- Communicating with a range of stakeholders;
- Increasing global networks;
- Using critical thinking and problem-solving skills to solve a real business problem;
- Applying classroom theory to real world practice.
November 2019 details and dates will be updated in early 2019.
Don’t just take our word for it! Read about previous Business Practicum student experiences here.
-
November city profiles
London
London is a global business hub and one of the most cosmopolitan cities in the world. Being located at a mid-way point between the US and Asian Markets and time zones positions this dynamic city as a global leader in banking and financial services. London is home to 40% of the top 250 companies with headquarters in Europe.
Hong Kong
Known for its extensive tax, trade, and legal benefits, Hong Kong is a thriving Asian business hub. Hong Kong is the world’s most services-oriented economy; with the services sector accounting for more than 90% of GDP, as well as being the world second largest host and investor of foreign direct investment stock. The business environment in Hong Kong provides a rich learning experience for practicum students. Known as a melting pot of East and West cultures, Hong Kong provides a rich cultural experience in addition to its fast paced business environment.
-
Key dates
To take part in the Global Business Practicum, these are the key dates you need to be aware of:
November 2018 Applications Open Monday 30 April 2018 Applications Close Sunday 13 May 2018 Group Interviews Thursday 31 May 2018 Offer acceptance and $500 deposit due date Friday 22 June 2018 Introductory Briefing Wednesday 1 August 2018 Pre-Departure Seminar Saturday 17 & Sunday 18 November 2018 In-country dates Saturday 24 November - Saturday 8 December 2018 In-company dates Monday 26 November - Friday 7 December 2018 Final presentation to company On or prior to Friday 7 December 2018 Employability Reflective Workshop Thursday 7 March 2019 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.
-
Eligibility Criteria
The below criteria should help you determine whether you would be a strong candidate for the Global Business Practicum:
You are enrolled into an MBS graduate degree
MBS students who have already completed one practicum subject may submit an expression of interest to take another but will be placed on a waiting list and only considered should a place become available.
Non-MBS students are not eligible to apply for BUSA90473 Business Practicum or BUSA90485 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 MBP 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 projects
You have completed a minimum of points
- 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 Practicum subject (Global or Business Practicum) for the intake
Please only submit an application for one of the Practicum subjects per intake. Students who apply for both the Global Business Practicum and the Business Practicum during the same intake (e.g. January) 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 GBP fee:
London: $1,824
Hong Kong: $2,063
What is included?
- 14 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
Grants, Scholarships and Funding
All selected students can apply for a Melbourne Mobility Award
- If you are intending to go on exchange, email mbs-practicums@unimelb.edu.au before applying
- Selected students enrolled in an FBE administered program who do not receive the Melbournel Mobility award may receive a Faculty Grant
Global Business Practicum Prize
This prize will be awarded to the most impressive January 2019 Global Business Practicum applicants:
1 x $1,500 prize for the best MBS student traveling to Singapore
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.
-
Frequently Asked Questions
WHAT EXPERIENCE DO I NEED TO APPLY?
Can I apply if I don’t have any consulting experience?
Yes, there is a full selection process including a group interview to determine your eligibility and suitability for the program. Selection is not based on existing consulting experience.
What if I don’t have any work experience on my CV?
We are looking at how the CV is put together, not the work experience. We understand that many students will not have work experience.CONCURRENT STUDY
I want to take an online intensive subject over the summer/winter break while also completing the GBP (e.g. Ethics in Finance). Is this okay?
No, even though the subject is online, students participating in the GBP will not be permitted to enrol in any other subjects that run during the same dates as the practicums. GBP is intensive and requires 100% commitment from students.CITIES, PROJECTS AND TEAMS
Can I choose the GBP city?
Students can nominate their order of preferences of GBP cities. Nominating only one city may reduce the likelihood of being selected into the program.
Can I change my city preference once I’ve been accepted?
No, preferences are not able to be negotiated once the offer has been accepted. We base substantial decision making and coordination of arrangements on the nominated preferences.
Can I choose my team, the company or type of project?
No, students are allocated to teams and companies with specific projects. However, students are given the opportunity to advise their areas of interest which we endeavour to consider when allocating teams. Students would not be allocated to a project where they did not have the technical skills required. Most projects are multi-disciplinary.IN COUNTRY ACCOMMODATION
I have family that live in the GBP city. Can I stay with them during the GBP or do I have to stay at the organised accommodation?
Students must stay at the organised accommodation due to the intensive nature of the subject and because a lot of the teamwork happens during the evening and late into the night.Can I pay an additional cost and have my own single room?
No, package costs have been worked out based on twin share rooms with accommodation secured up to six months in advance. Single rooms are not practical for the remaining students who may not wish to pay extra for a single room, nor can the availability of additional rooms be guaranteed.I have a friend of different gender, can we request to share a room?
No, whilst we understand there are close friendships between students, accommodation bookings and package costs are based on twin share rooms. Mixed gender twin share rooms are not practical for the remaining students who may not wish to share with a student of a different gender.Can my partner/friend accompany me while I am taking part in GBP?
No, this is an intensive two week for-credit subject which requires you to be available to work with your team for the duration of the program. You can travel with your partner/friend prior to or after the completion of the program. -
Information Sessions
Come along to the Global Business Practicum Information Session where you can meet the Work Integrated Learning Teaching Specialist, listen to previous Business Practicum students talk about their experiences and ask questions about the program.
Information sessions have now passed for the November 2018 program. Information regarding the November 2019 GBP subject will be posted here in mid 2019.
Please note: Information sessions are not compulsory but we may ask to scan your student ID upon arrival so that we can collect data on numbers attending.
-
Apply now!
This program will be running again in July 2019 and applications will open on Monday 4 March 2019. Visit the Global Business Practicum July 2019 page for more information.
-
Contact us
If you have any questions about Global Business Practicum please send an email to: mbs-practicums@unimelb.edu.au
Global Business Practicum - January 2019
BUSA90485 Global Business Practicum is an in-company intensive subject where students experience the unique business practices and culture of an international company first-hand.
The Global Business Practicum is worth 12.5 credit points and is offered in January, July and November of each year. Students participating in the January 2019 intake of the program will travel to Singapore.
Please read on to find out what you could gain from participating in the Global Business Practicum.
-
Why take BUSA90485 Global Business Practicum
Studies show that having a well-developed range of transferrable skills is crucial for the success of individuals, businesses and societies. Often referred to as employability or ‘soft’ skills, these are the non-technical skills such as communication, teamwork, problem solving, critical thinking and self-management which are developed through exposure to experiences outside the classroom - like work integrated learning subjects, internships and on-the-job learning.
When these employability skills are combined with technical skills/qualifications and personal attributes, an individual becomes employable across a range of industries, increasing job prospects, becoming a more competitive job-seeker and being a more attractive potential hire.
So what does this have to do with the Global Business Practicum?
As well as being an impressive addition to any CV, the primary aim of the Global Business Practicum is to provide graduate students with opportunities to develop and enhance employability skills from application right through to the final assessment and beyond.
It is expected that 2/3 jobs will be soft skill intensive by 2030, so finding opportunities to develop these skills as early as possible is becoming increasingly important.
In the Global Business Practicums this is done by:
- Working closely in a team;
- Building resilience by being exposed to challenging and intensive working environments;
- Communicating with a range of stakeholders;
- Increasing global networks;
- Using critical thinking and problem-solving skills to solve a real business problem;
- Applying classroom theory to real world practice.
Don’t just take our word for it! Read 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:
January 2019 Applications open Monday 30 July 2018 Applications close Sunday 26 August 2018 Group interviews Applicants will be allocated an interview time on Tuesday 18 September 2018 Offer acceptance and $500 deposit due Sunday 30 September 2018 Introductory Briefing Tuesday 2 October 2018 Fee Balance due Wednesday 10 October 2018 Pre-Departure Seminar Saturday 17 & Sunday 18 November 2018 In-country dates Wednesday 9 January ‐ Thursday 24 January 2019 In-company component Thursday 10 January ‐ Wednesday 23 January 2019 Presentation On or prior to Wednesday 23 January 2019 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.
-
Eligibility Criteria
The below criteria should help you determine whether you would be a strong candidate for the Global Business Practicum:
You are enrolled into an MBS graduate degree
MBS students who have already completed one practicum subject may submit an expression of interest to take another but will be placed on a waiting list and only considered should a place become available.
Non-MBS students are not eligible to apply for BUSA90473 Business Practicum or BUSA90485 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 MBP 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 projects
You have completed a minimum of points
- 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 Practicum subject (Global or Business Practicum) for the intake
Please only submit an application for one of the Practicum subjects per intake. Students who apply for both the Global Business Practicum and the Business Practicum during the same intake (e.g. January) 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 $2,342 for the Global Business Practicum.
What is included?
- 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
- Local transportation
- Visa (if required)
- Additional personal insurance
-
Grants, scholarships and funding
Grants, Scholarships and Funding
All selected students can apply for a Melbourne Mobility Award
- If you are intending to go on exchange, email mbs-practicums@unimelb.edu.au before applying
- Selected students enrolled in an FBE administered program who do not receive the Melbourne Mobility award will receive the faculty Global Business Practicum Travel Grant
Global Business Practicum Travel Grant
All students who are given a place in the Global Business Practicum and successfully enrol in the subject, who do not receive a Melbourne Mobility Award, will be eligible for the $1,000 Global Business Practicum Travel Grant to assist with costs.
Global Business Practicum Prize
This prize will be awarded to the most impressive January 2019 Global Business Practicum applicants:
1 x $1,500 prize for the best MBS student traveling to Singapore
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.
-
Frequently Asked Questions
WHAT EXPERIENCE DO I NEED TO APPLY?
Can I apply if I don’t have any consulting experience?
Yes, there is a full selection process including a group interview to determine your eligibility and suitability for the program. Selection is not based on existing consulting experience.
What if I don’t have any work experience on my CV?
We are looking at how the CV is put together, not the work experience. We understand that many students will not have work experience.CONCURRENT STUDY
I want to take an online intensive subject over the summer/winter break while also completing the GBP (e.g. Ethics in Finance). Is this okay?
No, even though the subject is online, students participating in the GBP will not be permitted to enrol in any other subjects that run during the same dates as the practicums. GBP is intensive and requires 100% commitment from students.CITIES, PROJECTS AND TEAMS
Can I choose the GBP city?
Students can nominate their order of preferences of GBP cities. Nominating only one city may reduce the likelihood of being selected into the program.
Can I change my city preference once I’ve been accepted?
No, preferences are not able to be negotiated once the offer has been accepted. We base substantial decision making and coordination of arrangements on the nominated preferences.
Can I choose my team, the company or type of project?
No, students are allocated to teams and companies with specific projects. However, students are given the opportunity to advise their areas of interest which we endeavour to consider when allocating teams. Students would not be allocated to a project where they did not have the technical skills required. Most projects are multi-disciplinary.IN COUNTRY ACCOMMODATION
I have family that live in the GBP city. Can I stay with them during the GBP or do I have to stay at the organised accommodation?
Students must stay at the organised accommodation due to the intensive nature of the subject and because a lot of the teamwork happens during the evening and late into the night.Can I pay an additional cost and have my own single room?
No, package costs have been worked out based on twin share rooms with accommodation secured up to six months in advance. Single rooms are not practical for the remaining students who may not wish to pay extra for a single room, nor can the availability of additional rooms be guaranteed.I have a friend of different gender, can we request to share a room?
No, whilst we understand there are close friendships between students, accommodation bookings and package costs are based on twin share rooms. Mixed gender twin share rooms are not practical for the remaining students who may not wish to share with a student of a different gender.Can my partner/friend accompany me while I am taking part in GBP?
No, this is an intensive two week for-credit subject which requires you to be available to work with your team for the duration of the program. You can travel with your partner/friend prior to or after the completion of the program. -
Information Sessions
When you have decided that the Global Business Practicum is the right choice for you, come along to our Choosing a Business Practicum Information Session where you can meet the Work Integrated Learning Teaching Specialist, listen to previous Business Practicum students talk about their experiences and ask questions about the program.
Information sessions have now passed for the January 2019 program. Information regarding the January 2020 GBP subject will be posted here in mid 2019.
-
Apply now!
This program will be running again in July 2019 and applications will open on Monday 4 March 2019. Visit the Global Business Practicum July 2019 page for more information.
-
Contact us
If you have any questions about Global Business Practicum please send an email to: mbs-practicums@unimelb.edu.au
Global Business Practicum - July 2018
BUSA90485 Global Business Practicum is an in-company intensive subject where students experience the unique business practices and culture of an international company first-hand.
The Global Business Practicum is worth 12.5 credit points and is offered in January, July and November of each year. Students participating in the July 2018 program will travel to Kuala Lumpur and Shanghai.
Destinations for the July 2019 program are yet to be confirmed. Details for this program will be updated in early 2019.
Please read on to find out what you could get out of participating in the Global Business Practicum.
-
Why take the Global Business Practicum
Studies show that having a well-developed range of transferrable skills is crucial for the success of individuals, businesses and societies. Often referred to as employability or ‘soft’ skills, these are the non-technical skills such as communication, teamwork, problem solving, critical thinking and self-management which are developed through exposure to experiences outside the classroom - like work integrated learning subjects, internships and on-the-job learning.
When these employability skills are combined with technical skills/qualifications and personal attributes, an individual becomes employable across a range of industries, increasing job prospects, becoming a more competitive job-seeker and being a more attractive potential hire.
So what does this have to do with the Global Business Practicum?
As well as being an impressive addition to any CV, the primary aim of the Global Business Practicum is to provide graduate students with opportunities to develop and enhance employability skills from application right through to the final assessment and beyond.
It is expected that 2/3 jobs will be soft skill intensive by 2030, so finding opportunities to develop these skills as early as possible is becoming increasingly important.
In the Global Business Practicums this is done by:
- Working closely in a team;
- Building resilience by being exposed to challenging and intensive working environments;
- Communicating with a range of stakeholders;
- Increasing global networks;
- Using critical thinking and problem-solving skills to solve a real business problem;
- Applying classroom theory to real world practice.
Don’t just take our word for it! Read 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 ACTIVITY DATE Applications open Monday 26 February 2018 Applications close EXTENDED: Wednesday 21 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 dates Wednesday 4 - Thursday 19 July 2018 In-company component Thursday 5 – Wednesday 18 July 2018 Presentation On or prior to Wednesday 18 July 2018 Employability Reflective Workshop Thursday 26 July
5.30pm - 7.30pmPlease 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.
-
Selection Criteria
You are enrolled into an MBS graduate degree
MBS students who have already completed one practicum subject may submit an expression of interest to take another but will be placed on a waiting list and only considered should a place become available.
Non-MBS students are not eligible to apply for BUSA90473 Business Practicum or BUSA90485 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 MBP 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 projects
You have completed a minimum of points
- 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 Practicum subject (Global or Business Practicum) for the intake
Please only submit an application for one of the Practicum subjects per intake. Students who apply for both the Global Business Practicum and the Business Practicum during the same intake (e.g. January) 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
Grants, Scholarships and Funding
All selected students can apply for a Melbourne Mobility Award
- If you are intending to go on exchange, email mbs-practicums@unimelb.edu.au before applying
- Selected students enrolled in an FBE administered program who do not receive the Melbourne Mobility award will receive the faculty Global Business Practicum Travel Grant
Global Business Practicum Travel Grant
All students who are given a place in the Global Business Practicum and successfully enrol in the subject, who do not receive a Melbourne Mobility Award, will be eligible for the $1,000 Global Business Practicum Travel Grant to assist with costs.
Global Business Practicum Prize
This prize 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 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.
-
Frequently Asked Questions
WHAT EXPERIENCE DO I NEED TO APPLY?
Can I apply if I don’t have any consulting experience?
Yes, there is a full selection process including a group interview to determine your eligibility and suitability for the program. Selection is not based on existing consulting experience.
What if I don’t have any work experience on my CV?
We are looking at how the CV is put together, not the work experience. We understand that many students will not have work experience.CONCURRENT STUDY
I want to take an online intensive subject over the summer/winter break while also completing the GBP (e.g. Ethics in Finance). Is this okay?
No, even though the subject is online, students participating in the GBP will not be permitted to enrol in any other subjects that run during the same dates as the practicums. GBP is intensive and requires 100% commitment from students.CITIES, PROJECTS AND TEAMS
Can I choose the GBP city?
Students can nominate their order of preferences of GBP cities. Nominating only one city may reduce the likelihood of being selected into the program.
Can I change my city preference once I’ve been accepted?
No, preferences are not able to be negotiated once the offer has been accepted. We base substantial decision making and coordination of arrangements on the nominated preferences.
Can I choose my team, the company or type of project?
No, students are allocated to teams and companies with specific projects. However, students are given the opportunity to advise their areas of interest which we endeavour to consider when allocating teams. Students would not be allocated to a project where they did not have the technical skills required. Most projects are multi-disciplinary.IN COUNTRY ACCOMMODATION
I have family that live in the GBP city. Can I stay with them during the GBP or do I have to stay at the organised accommodation?
Students must stay at the organised accommodation due to the intensive nature of the subject and because a lot of the teamwork happens during the evening and late into the night.Can I pay an additional cost and have my own single room?
No, package costs have been worked out based on twin share rooms with accommodation secured up to six months in advance. Single rooms are not practical for the remaining students who may not wish to pay extra for a single room, nor can the availability of additional rooms be guaranteed.I have a friend of different gender, can we request to share a room?
No, whilst we understand there are close friendships between students, accommodation bookings and package costs are based on twin share rooms. Mixed gender twin share rooms are not practical for the remaining students who may not wish to share with a student of a different gender.Can my partner/friend accompany me while I am taking part in GBP?
No, this is an intensive two week for-credit subject which requires you to be available to work with your team for the duration of the program. You can travel with your partner/friend prior to or after the completion of the program. -
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.
Information sessions have now passed for the July 2018 program. Information regarding the July 2019 GBP subject will be posted here in early 2019.
Please note: Information sessions are not compulsory but we may ask to scan your student ID upon arrival so that we can collect data on numbers attending.
-
Apply now!
This program will be running again in July 2019. Applications for the July 2019 intake will open from Monday 04 March 2019. An application form will be posted here the day applications open.
-
Contact us
If you have any questions about Global Business Practicum please send an email to: mbs-practicums@unimelb.edu.au
Internships
The most enriching and career-enhancing experiences are gained on the job. Internships also to give you the best opportunities and environment for your career development. Aside from business skills, you will develop strong skills in building relationships, negotiation and influencing.
-
What is an Internship
An internship is a fixed-term opportunity to practice and develop professional skills under supervision in the workplace. An internship may take place during vacation periods – in which case it may be referred to as a Vacation Program – or on a part-time basis at any time of the year.
-
Are Internships Paid?
Internships are generally paid. Under the Fair Work Act, an internship needs to be paid unless it is:
- With a not-for-profit organisation,
- A ‘vocational placement’ as defined in the Fair Work Act (2009) as a required and / or assessable part of your course.
With paid internships, the employer would normally provide insurance cover.
The University will only provide insurance cover if the internship is an assessable part of your course, as with an internship subject -
How to find Internship Opportunities
As a University of Melbourne student, you have access to a number of excellent resources that will help you to find and apply for Internship Opportunities. All Faculty of Business & Economics students will also receive a weekly FBE newsletter with information about some of the latest internship opportunities. Keep an eye out in your student inbox for this newsletter.
Click here to view some of the Careers Platforms available to you to find current internship opportunities. -
Local and International Internship Opportunities
Internships can offer you the opportunity to work globally and locally on both a short and long-term basis. Internships offer you the opportunity to connect with people from around the world and challenge yourself on exciting assignments. It will help you cultivate an inclusive mindset and succeed in an accelerating global market. Undertaking an internship will be of benefit to yourself and others - adding to your career and your life — enhancing your leadership, communication and teamwork capabilities.
-
Preparing for an internship
To improve your employability skills we recommend you attend the workshops provided by the Student Employability Program (STEP), workshop details here.
Job Search Platforms
-
Careers Online
Careers Online is The University of Melbourne’s online careers portal. Through Careers Online you can search advertised internship and employment opportunities, as well as other events, programs and activities that you can get involved with to build your professional development skills.
Learn more about Careers Online. -
EFMD - HigherED
EFMD’s online careers portal, HigherED (pronounced ‘hired’), gives students the opportunity to see graduate employment opportunities from leading companies across the world. The HigherED online platform also grants students access to free career assessment tools.
Learn more about HigherED. -
GoinGlobal
GoinGlobal is an international employment and internship platform made available to all University of Melbourne students. Students can search for employment or internship opportunities from across the globe, as well as having access to GoinGlobal’s excellent online resources such as Country Career Guides.
Learn more about GoinGlobal.