Master of Global Business Management

If you are looking for a business career without geographical limits and have the creativity and drive to both embrace the ‘now’ and build ‘what’s next’, then a career in global business management is for you.

Today’s rapidly changing business environment is becoming more global, more complex and more customer service oriented. Digital and online communication, global distribution channels and a global finance system have removed physical and geographic boundaries. Successful multinationals, especially related to hospitality or customer service, such as large hotel chains but also luxury retail, consumer banking and insurance, operate in different countries and across different time zones and they need leaders who can adapt to, and understand, those different and changing economic, political and cultural environments.

The Master of Global Business Management is designed for experienced professionals wanting to change or enhance their careers or professionals with an undergraduate degree wishing to take their studies to another level. It provides an international business management qualification that enhances business acumen for the global hospitality and/or services organisation mindset.

The Master’s degree also integrates a 24 week Work Integrated Learning (WIL) placement as part of the curriculum. This comprises a research project and a work placement dimension. It provides students with greater experience from a real environment while also building excellent networks of professional contacts.

CRICOS CODE
089933G

Key Study Outcomes:

About the School

The Blue Mountains International Hotel Management School (BMIHMS) courses are delivered by Torrens University Australia Ltd, ABN 99 154 937 005, RTO 41343, CRICOS 03389E.

Read more about The Blue Mountains International Hotel Management School (BMIHMS)

The Blue Mountains International Hotel Management School (BMIHMS)

Course Delivery

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Workload and Assessment

No. of timetabled hours per week:

Study workload requirements vary between course subjects. Please contact a Course and Career Advisor for more detailed information.


Typical assessment includes:

Subjects have a range of assessment options to suit the students requirements and circumstance.


Subject Information

Work Integrated Learning (WIL) is a unique opportunity for students to combine professional experience with their qualifications working within a globally operating organisation. WIL provides an excellent opportunity for students to develop knowledge, skills and abilities in their chosen discipline.

The research process is an essential component of decision making in the business world. Through the acquisition of skills and practical tools to undertake and complete research projects, students are guided through the steps of the research process, specifically, planning, data collection techniques, analysis, interpretation and presentation of research.

Financial decision-making equips students to assess operational risk, create value and use a variety of financial information to make decisions. Students will be introduced to the global financial structure, strategic financial planning, group profitability, tax liability and maximisation, encouraging them to be mindful of the bottom line.

Business ethics is a hotly debated issue. This unit demands students review, evaluate and justify ethical practices within their decision-making. Students’ will be introduced to the principles and applications of global ethical theories and how they relate to a variety of business operations across the globe and multi-cultures.

The nature of economic forces impacting firms in the global business environment is the key discussion point in this unit. Students will critically examine the changing global economy and global financial markets enabling them to pinpoint potential future peaks and troughs in the business climate. This is critical information for leadership and high-end decision-making.

Project management is a fundamental part of global organisations. This unit discusses the key principles influencing effective management of projects and their teams. Through the application of knowledge, skills and management techniques, students will learn
to execute projects effectively and efficiently. Students’ will connect project results to business goals, enhancing competitive advantage.

Visionary attitudes can transform existing organisations through commercialising new ideas. Students’ will examine and apply concepts with key theories relating to entrepreneurship and new ideas. This subject provides a platform for understanding and implementing innovation strategies in organisations.

Strategic Awareness builds students’ knowledge, skills and abilities to generate and justify strategies required to enter foreign marketplaces. Industry attractiveness, financial sustainability and environmental scanning techniques are the key focus of this subject.

Creating interconnections around the globe is an integral part of business today. The emphasis in Global Organisation is to teach students the importance of valuing diversity between stakeholders. Students will explore key forces driving global business, including: history, social inequality, politics, and opportunities versus risks, cultural and technological dimensions.

The focus of the ‘Global Mindset’ will encourage students to critically consider the role and challenges of managers working across the globe. This subject develops students’ understanding of cultural and behavioural issues affecting managerial and employee performance including motivation, negotiation and the characteristics of leadership.

The development and commercialisation of new products and services is a core business function for most organisations. The purpose of this course is to develop a solid understanding of new product and service development from a strategic marketing and management perspective, as well as reinforcing practice and reflection in an action oriented setting.

Explores the implications that are inherent in the choice, utilisation and application of interactive electronic technologies to innovative e-marketing strategies that will define new markets, attract and engage new customers and create business opportunities.

Transnational Business Law requires students to explore the complex matrix of international business laws that will have a profound impact on international business opportunities. Students will learn to appreciate that business laws are often fraught with risk, requiring astute responses to cultural, political and economic characteristics of specific countries.

Global Human Resource Management engages students to explore, within an international context, human resources theory and practice with a focus on the key concepts, processes, practices, issues and debates associated with the development and management of a 21st century workforce.

Culminating in the submission of a small-scale research report, the ‘major project’ requires students to engage with an international business problem or issue of their choice. The report includes identifying and applying appropriate and relevant literature, the use of suitable research methods, problem solving techniques, and appropriate outcomes and recommendations.

Understanding knowledge transfer and how it takes place through technology, as an enabler for business strategy, is fundamental to creating competitive advantage. The focus of this investigative subject explores how technology can improve efficiency, effectiveness, transparency and reporting to enhance business operations.

Negotiation and Conflict Resolution are essential leadership skills for global business. Students will learn to identify their own personal negotiation style, and how to resolve dilemmas such as conflict of interest; honesty and trust, enabling them to better develop their leadership skills. Practical insights into organisational behaviour and its relationship with negotiation and conflict will be explored.

In today’s global business environment successful organisations rely on environmentally and socially conscious employees. Students will critically analyse the concept of sustainable development and it’s application in global business. Students will also learn to evaluate the changing nature of global businesses trends, specifically in the environmental and social justice sphere.

Marketing tactics and strategies face challenges unique to the size and structure of the global organisation. Case studies will provide students with the theories and practical applications of international marketing. Students will gain a detailed understanding of how political, environmental, social, economic, technological and legal drivers influence global marketing strategy.