MORE businesses are operating in the international field and have also ventured into consolidating tasks from accounting and payroll to marketing strategies on a global scale.
As businesses learn to communicate and compete on an international platform, it has set a new benchmark towards a constantly evolving job market.
Therefore, differentiating oneself is vital, as competition for jobs is far greater than ever before. A master's degree may be a ticket for graduates to stand out more.
Monash University Malaysia is offering the Master of International Business (MIB) programme that would be perfect for individuals who want to dip their toes in the international business world.
"The MIB aims to help students develop an in-depth understanding of the international business environment. The Monash student experience is guided by expert educators, using the best in educational technologies and spaces, in settings informed by and engaging with industry and community,” said Graduate Coursework studies programme director Dr Ravichandran Subramaniam.
The business-oriented programme aims to enhance students’ knowledge on international business by tackling issues such as international trade and the internationalisation of operations.
Students will be able to develop skills to lead their companies through the internationalisation process, especially useful for career advancement in ambitious organisations and companies.
Moreover, they will be trained to excel in different types of employment from multinational corporations to those aspiring for career advancement in public, inter-governmental and non-profit sectors.
Students will also have the opportunity to work on an applied business project assigned by industry partners, and guided through the processes.
There is versatility in learning especially when it comes to elective units such as Innovation and Entrepreneurship, Accounting and Finance for International Managers, International Management, International Trade Law, International Business Strategy, Data Analytics for Business, Asian Business Systems and Global Supply Chain Management.
It also offers an option to begin a research-based pathway. Completing research-based electives in this course will open a pathway to a higher degree by research. Students can choose to study full-time or part-time – both provide access to the same resources.
According to Rosli Ershad Faizzeen, who graduated from the MIB programme in October 2021, simply having an undergraduate degree can no longer be considered a novelty in these modern times.
"A mastery in the field of international business can be considered a natural progression from my undergraduate studies. Additionally, Monash Malaysia was my institution of choice because I wanted to remain close to home, without trading off the quality of my education.
"The MIB programme has provided a great learning experience in understanding new theoretical concepts and knowledge. I learned to effectively manage time and stress arising from heavy workloads and how to handle unreliable team-mates and still deliver quality projects when working in a group. These invaluable experiences will remain relevant in the real world and undoubtedly assist me in the workforce,” said Rosli.
Meanwhile, Hajara Mohamed Saleeth, who completed it in July 2021 said: “The MIB programme exceeded my expectations.”
"Shifting from on-campus learning to off-campus was challenging, but the support from my research supervisors and lecturers made it easier,” she said, adding that there was a perfect balance between theory and practice of international business.
Even though Hajara was the only MIB student taking on the research pathway, the university arranged for her to have remote access to a Bloomberg terminal in order for her to conduct her research from home during the pandemic.
Devni Wijesinghe said she enrolled for the MIB programme because of its all-rounded, business-oriented course structure that enables students to gain highly relevant and sought-after skills, which are necessary to get employed in widely recognised and highly reputed international firms.
"I did not find the programme particularly difficult because my lecturers were always willing to help. Their lectures were very well structured and informative. Assignment guidelines were also very clear. I always got feedback on my work," states Devni, who is officially waiting to graduate in November.
Monash is one of the few business schools in Malaysia that is AACSB-accredited, cementing its status for delivering a solid business education with relevant learning materials that will prepare students to be effective leaders upon graduating.
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