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Macquarie launches new bachelor of global business

Page last published: 05 Nov 2013

Macquarie University is launching a new bachelor of global business, thanks in part to the influence of the New Colombo Plan.

The new degree combines language study, business units and a compulsory internship.

Arts dean John Simons said the idea came to him after he went to the March 2012 roundtable in Canberra, where the New Colombo Plan began to take shape.

"The first thing I thought was, we'll develop Asian business degrees, then that morphed into the more general idea of the global business degree," Professor Simons said.

To be offered next year, the degree can be taken with any of Macquarie's ten modern languages: Japanese, Chinese, French, German, Spanish, Italian, Russian, Modern Greek, Polish or Croatian.

Professor Simons said the early intakes would be small, with a rather high ATAR entry score, to encourage the program "to be perceived as a relatively elite degree in the first instance".

Now that the New Colombo Plan was being rolled out, one possibility would be for students to use it "as an extended version of their internship".

The Macquarie internship is with an overseas firm or an international form operating locally.

Professor Simons, who became dean in 2009, said he had made a strategic decision to promote languages.

"Since 2008 we've grown (enrollments) about fifty per cent," he said.

He said explicit support for languages, and the fact they were embedded in international studies, helped explain this achievement.

All Macquarie's languages but Chinese were available wholly online and Chinese would follow, he said.

The New Colombo Plan, a government initiative to send more undergraduates into the region for study and internships, begins next with a trial in Indonesia, Japan, Singapore and Hong Kong.

(Story by Bernard Lane, The Australian, 1 November 2013)

Interested about the Bachelor of Global Business? Learn more about this new degree from our courses website.

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