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Faculty of Business and Economics Winter 2018 IBUS 20007: International Business Experience Hosted by Shri Ram College of Commerce, the University of Delhi

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Page 1: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

Faculty of Business and Economics

Winter 2018IBUS 20007: International Business Experience

Hosted by Shri Ram College of Commerce, the University of Delhi

Page 2: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

A/Professor Jennifer GraftonAssociate Dean (Global Engagement)

Ms Maree CassarGlobal Engagement Co-ordinator

Page 3: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

Outline of the Session

Why Study Overseas?

FBE Short-term Mobility Opportunities

IBUS20007 International Business Experience

Delhi – July 2018

Program Details and Funding Opportunities

Key Dates and Applications

Question Time

Page 4: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

• 10-15 years after graduation, 87% of students still reported that their overseas study experience ‘has enhanced my overall employability’

Why Study Overseas?

SOURCE: Nunan, P. (2006). An exploration of the long term effects of student exchange experiences. 4

Looks great on your résume

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

Page 5: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

• 81% of employers agreed that graduates who had studied overseas return to Australia with enhanced skills that are applicable to the workplace6

Why Study Overseas?

SOURCE: Wiers-Jenssen, J. (2008). Does higher education attained abroad lead to international jobs? | Parey, M., & Waldinger, F. (2007).

Studying abroad and the effect on international labor market mobility 5

Competency With Int

Experience

Without Int

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%

Page 6: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

• IBUS20007 International Business Experience

Short-term Mobility – FBE Mobility Subjects

6

Delhi

July2018

Taiwan

December 2017

Page 7: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

IBUS20007 Delhi, July 2018

Page 8: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

IBUS20007 – Shri Ram College of Commerce,the University of Delhi

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• Insight into India: Business and Economic Development

• An intense but rewarding fortnight of study

• Seminars | Company visits | Cultural Activities

• Reflective Essay | Research Report | Group Presentation

• 12.5 Level 2 points

Page 9: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

IBUS20007 – SRCC, University of Delhi Compulsory Subject Components

9

Introductory Briefing

Travel | Logistics | Subject Enrolment | Scholarships

10 April 2018

Pre-departure Seminar

Subject Overview and Assessment | Group Bonding | Country Briefing | Research, Report Writing and Presentation Skills

25 and 26 June 2018

2 Weeks in India with FBE Academic Mentor

07 July – 20 July 2018

Subject De-brief

Written assessments

Group Presentations and Subject Review

Page 10: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

• Subject tuition fee

• IBUS program fee (TBC, indicative only): $2,000 - $2,400 (non-refundable)

• Covers 14 nights bed and breakfast (twin-share accommodation), 3 company visits, several meals, excursions and tours (city tours, cultural activities)

• NOT included in the IBUS program fee:

• Airfares, visa, some meals, incidentals

The above costs are IN ADDITION TO your usual subject fees.

Subject Costs

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Page 11: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

IBUS20007 – Funding available

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• Large number of NCP scholarships available, valued at $3,000.

• Melbourne Mobility Awards scholarships available, valued at $1,000

Page 12: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

• Applications due Tuesday 20 March 2018

• What do we look for?

• Indicative minimum WAM 70%

• Must have completed 100 BCom credit points prior to

departure

• Your CV

• A short statement of purpose

IBUS20007 – SRCC, University of Delhi

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• Key dates – Program Delivery:

IBUS20007 – SRCC, University of Delhi

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Applications close Tuesday 20 March 2018

Offers from Tuesday 27 March 2018

Non-refundable deposit (10% program fee) Thursday 5th April 2018

Compulsory introductory briefing Tuesday 10 April 2018

Compulsory Pre-departure seminar Monday 25 and Tuesday 26 June 2018

In country dates Saturday 07 July - Friday 20 July 2018

Accommodation paid from Saturday 07 July 2018

Latest arrival time Saturday 07 July 2018 evening

First day of the program Sunday 08 July 2018

Last day of the program Thursday 19 July 2018

Departure Friday 20 July 2018

Page 14: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

• Key dates – Assessment Tasks:

IBUS20007 – SRCC, University of Delhi

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Reflective Journal Due 3 August 2018

Group Research Essay Due 24 August 2018

Presentations W/C 10 September 2018

Page 15: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

• Visa Requirements if selected:

• Please seek advice early and apply as soon as you are notified of acceptance into the program

• Most students will require a student visa

• You may be required to submit documents in person and attend an interview with the embassy to obtain your visa so start

IBUS20007 – SRCC, University of Delhi

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Page 16: Hosted by Shri Ram College of Commerce, the University of ... · IBUS20007 –Shri Ram College of Commerce, the University of Delhi 8 • Insight into India: Business and Economic

• Apply online

• http://fbe.unimelb.edu.au/students/bcom/current-students/international-business-experience

• All applications will be automatically assessed for a New Colombo Plan Scholarship (advised on offer)

• Available only to domestic undergraduate students

• Applicants not eligible for NCP funding will be assessed for Melbourne Mobility Award funding (advised post offer)

IBUS20007 – SRCC, University of Delhi

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Any Questions?