Global Business Practicum

  • Aim of the program
    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.

    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. Specific details for each of these offerings will continue below.

    Destination cities have included Hong Kong, Kuala Lumpur, Shanghai 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 here about the latest group of students to take part in the Global Business Practicum.

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

    January 2018 intake: Hong Kong & Singapore

      January 2018
    Applications open Monday 7 August 2017
    Applications close Monday 28 August 2017
    Group interviews Applicants will be allocated an interview time between Wednesday 13 – Friday 15 September 2017
    Offer acceptance and $500 deposit due date Monday 9 October 2017
    Introductory briefing Wednesday 11 October 2017
    Pre-Departure Seminar Saturday 18 & Sunday 19 November 2017
    In-country dates Wednesday 10  - Thursday 25 January 2018
    In-company component Thursday 11 - Wednesday 24 January 2018
    Presentation On or prior to Wednesday 24 January 2018
    Business Practicum Showcase Celebration Thursday 1 March 2018 

    Please be advised that the above dates may be subject to change.

    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.

  • 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.)
    • Local transportation
    • 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)
    • Additional personal insurance

    Grants, Scholarships and Funding

    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.

    In addition to the Global Business Practicum Travel Grant there are also 2x grants of $1,500 available for each intake of the Global Business Practicum. These are awarded to the two best applications as determined by the selection committee, one for the best Melbourne Business School student application and the other for the best non-Melbourne Business School student application.

    Recipients of the additional $1,500 will be notified once offers have been sent.

  • 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.

  • 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, please come along to our Choosing a Business Practicum information session which will compare each of the programs, helping you to make the best choice. Here 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.

    NOTE: Information sessions for the Summer 2018 Business Practicum intake have now concluded. If you missed a session and would like to see the slides, you can access them here.

    We will be running more information sessions when applications for the Winter 2018 Business Practicums have opened.

  • Apply now!
    If you have read through all the information about the Global Business Practicum and attended an information session, you are ready to apply! Applications for the November Global Business Practicum have now closed.

    Applications for the January 2018 Global Business Practicum program have now closed.

The Willis News The Willis News is a Bi-annual magazine for the Work Integrated Learning programs offered through the Faculty of Business and Economics.

Click here to read the latest edition.

View Handbook Entry

Application dates

Applications open 7th Aug 2017 and close 28th Aug 2017.

Who is this for?

Graduate students

Contact

If you have any further questions about this program please contact us.

mbs-practicums@unimelb.edu.au