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Do you want to pursue a career in international business, diplomacy or politics? The Master of International Business gives you the opportunity to advance your business and management knowledge and give you the skills to operate from a global perspective.

Specifically designed for recent graduates and those in the early stages of their career, this course will build on your undergraduate credentials and further strengthen your business skills.

The course develops expertise in communicating and negotiating across cultures, and will develop your capacity for advanced analysis of firm internationalisation, international trade, and corporate strategy.

As part of the course you can build your knowledge and extend your expertise in one of two areas:

  • International Business
  • Diplomacy and Trade

The International Business stream has a business-oriented focus, seeking to advance your knowledge of the international environment in which firms and their managers operate considering issues such as international trade and the internationalisation of operations.

The Diplomacy and Trade stream, which is only offered at Caulfield, has a political economy focus, looking to advance your knowledge of the relationships between international politics, diplomacy, economics, international trade, international law and international development.

Graduates develop deep knowledge and analytical skills that can be applied in a variety of organisational settings including the corporate, governmental and non-profit sectors. Career opportunities are available in a range of private firms and multinational enterprises across the manufacturing and service, export and trade, travel and tourism, consulting and research sectors. Employment opportunities also arise in government departments and institutions, NGOs and international organisations.

Diplomacy and trade

Diplomacy and trade provides formal academic study across a range of disciplines relevant to the needs of organisations operating in the global environment. It provides high-level training in the fields of diplomacy,economics, law and contemporary politics. This specialisation is aimed at recent graduates who hope to work in the public and private sectors, or those who presently work in these sectors, and wish to increase their understanding of the international environment. It is designed to provide the knowledge needed to work in the government sector, implementing and providing policy advice on foreign affairs, trade, and business-related issues.

International business

This specialisation investigates inter-disciplinary contemporary international business. Students will be engaged with international management, law, finance, economics, marketing, and strategy, enabling analytical skills that can be applied in a variety of organisational settings. International business develops strategic and operational international business knowledge and skills, particularly for the complexity of contemporary environments. The specialisation prepares graduates for international business roles across the corporate,governmental and non-profit sectors.

Course structure

The course is structured in three parts. Part A. Advanced preparatory studies, Part B. Mastery knowledge and Part C. Application studies. All students complete Part B.  Depending upon prior qualifications, you may receive credit for part A or part C or a combination of the two.

PART A. Advanced preparatory

These units provide you with a solid foundation of knowledge and skills across core business disciplines and a valuable contextual basis for further business study.

PART B. Mastery knowledge

These units will develop your capacity as a critical and creative professional who is able to apply your knowledge of international business, diplomacy and trade in international business and political contexts.

PART C. Application studies

The focus of these studies is professional or scholarly work that can contribute to a portfolio of professional development in international business, diplomacy or politics.


Visit the Master of International Business page on the Monash University website for more details!

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