Faculty of Business and Economics IBUS20007 International Business - - PowerPoint PPT Presentation

Faculty of Business and Economics

IBUS20007 International Business Experience

Summer 2020 Delhi - INDIA

1

Erin Willis

Global Engagement Coordinator

Outline

Why study overseas?

IBUS20007 International Business Experience (Delhi, India) Program details and funding opportunities Key dates and applications Questions?

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

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%

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

Images: Summer 2019 participants at UNDP organisation visit and Taj Mahal excursion

Compulsory subject components

Introductory briefing Travel | Logistics | Subject Enrolment | Scholarships Thursday 12 September 2019 (5:15pm) Pre-departure seminar Subject overview | Group bonding | Country briefing | Research and report writing skills Monday 25 November 2019 (9:00am - 5:00pm) Two weeks in India with FBE academic mentor Sunday 19 January to Saturday 1 February 2020 Subject debrief Written assessments Group presentations and subject review

Subject costs

• Subject tuition fee
• Program fee
• $2,000 - $2,200 *indicative only
• Non refundable
• Covers 13 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

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 an 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)

Applications

• Applications due Sunday 25 August (11:59pm)
• What do we look for?
• Indicative minimum WAM = 65-70%
• Must have completed at least 100 credit points towards the BCom prior to departure

⁻ Your CV ⁻ A short statement of purpose

Key dates to note

Activity Date Applications close Sunday 25 August 2019 Offers from Tuesday 27 August 2019 Non-refundable deposit ($200) Monday 9 September 2019 Introductory briefing (compulsory) Thursday 12 September 2019 Pre-departure seminar (compulsory) Monday 25 November 2019 In country dates:

• Accommodation paid from
• Latest arrival time
• First day of the program
• Last day of the program
• Departure from

Sunday 19 January 2020 Sunday 19 January (evening) 2020 Monday 20 January 2020 Friday 31 January 2020 Saturday 1 February 2020

Visa requirements

• Most participants will require a visa (very few countries which do not

need a visa to enter India)

• We will provide letters of support required for this process
• Passport must have a minimum of six months validity post arrival in India

Next steps

• Apply online

http://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 who meet the criteria specified on

earlier slides

• Will be advised with offer if NCP grant awarded
• Applicants not eligible for NCP funding can apply for a Melbourne Mobility Award

Past Student Experience

David Spencer & Eliza Hargreaves Summer 2019

Questions ??

IBUS20007 - Summer 2020 Delhi - INDIA

15