Choosing a Business Practicum Winter (July) 2015 Margaret Herczeg – Industry Programs Consultant www.mbs.unimelb.edu.au What is a Business Practicum? • Intensive Summer (January) or Winter (July) subject • Worth 12.5 credit points • Two-week multi-disciplinary consulting project in a company, preceded by preparatory seminars at UoM. • Assessment via – Presentation to company – Team report – Personal reflection assignments • Teams of 4 students with an academic group leader and on-the-ground Uni support. clients Global Melbourne Multi-national & medium: Consulting firms, banks, engineering, tourism, insurance and HR firms Multi-national & medium: ANZ, NAB, GE Capital, CUA, Pacific National. SME: Envato. Previously in Kuala Lumpur: Ambank Grant Thornton, Maxis, Mondelez & QBE Insurance. Previously in Shanghai: AIA, E&Y, KPMG, NAB & PWC. Public & Govt orgs: Committee for Melbourne, Employee Mobility Institute, Jewish Care, Kaiela Institute. NFP: YGAP. Start up: Green Ant Marketing Projects & teams Global & Melbourne Multidisciplinary projects • Evaluate a new business opportunity • Provide a financial analysis • Develop a marketing plan • Undertake a business planning exercise • Recommend operational efficiencies Multidisciplinary teams • Matched from different course/academic & professional backgrounds When do we find out? GBP – Preparatory Seminars MBP – 2-3 weeks prior to starting in-company Why go? • Exposure to different work practices and cultures • Networking • Challenging project • Team work • Applying theory to practice • Enhance CV & broaden employment opportunities Compulsory contact hours Activity GBP MBP Introductory Briefing Wed 6 May Mon 18 May Preparatory Seminars & 9-5, Induction Sat 27 & Sun 28 June 9-5, Mon 29 June – Fri 3 July In-Company Fly in: Wed 1 July Mon 6 – Fri 17 July Fly out: Thu 16 July Debriefing 5.15-6.15 Wed 29 July 4.30-5.30 Thu 23 July Assessment Dates Activity GBP MBP Research proposal presentation n/a 3 July Team presentation to host company Wed 15 July Fri 17- Mon 22 July Team report on project 7 August 23 July Peer review assessment 14 August 23 July Reflective individual essay 14 August 23 July Costs MBP: + GBP: + Subject tuition fee Food/Travel to hosts, including possible Vline travel for any regional projects Accommodation is covered for any regional/remote locations Subject tuition fee GBP fee (TBC): $1,300 - $1,800 (non-refundable) covers 15 nights bed & breakfast, minimum 3 star, twinshare NOT included in GBP fee: Airfare, transportation, lunch, dinner, visa. Grant for GBP • All GBP students are eligible to apply for a $1,000 Melbourne Global Scholars Award via Melbourne Global Mobility (MGM). • If unsuccessful, you will be considered for a $1000 FBE Mobility Grant. • If you are intending to go on exchange, email mbspracticums before applying (or risk missing $2,500) Note: Funds are NOT guaranteed and are distributed on the basis of academic merit. Eligibility • • • • • Open to students in all MBS Masters courses Min. 50 credits completed at time of application for 2 year courses 1.5 year courses require relevant experience (Business subjects in undergrad or relevant experience) Competitive entry: – GBP + MBP = GPA 65+ Students cannot apply for both the MBP and GBP at the same time – you will have to pick one. Application process • Online application • Group interview to assess suitability • We’re not just looking for academic merit, but also soft employability skills! Application Process Apply by filling out the survey in Careers Online: 1. Upload a CV and 2. Record personal statement using Interview Stream Address selection criteria (max 100 words each): • Excellent verbal and written communication skills • Willingness and ability to adapt and tackle unfamiliar problems in diverse settings • Capacity to operate as a professional resources The Careers Compendium In Business Careers Online, an E-Book under ‘Resources’ http://go.unimelb.edu.au/g4jn Creating your application • Applying for positions (Section E, page 56). • CV’s and Key Selection Criteria (Section F, page 65). • Interview Stream (Section H, page 90). Recording your Interview Stream personal statement & preparing for interviews • Make a good impression and Style Guide (Section B, page 21) • Interview Skills (Section H: page 83) • Group Interviews (Section H, page 94). Seek expert advice • Career Drop-Ins will be held in the FBE HUB- the Giblin Library on Mon 2-4pm, Tues 24pm and Wed 2-4pm, Thurs 10-12pm and Fri 10-12pm • Contact Careers Services on careers-services@unimelb.edu.au Application Dates Activity GBP MBP Applications open 23 March 24 March Applications close 11.59pm Sunday 12 April 11.59pm Sunday 12 April Interviews Monday 27 & Tuesday 28 April Tuesday 5 & Wed 6 May Students notified of application outcome 4 May 14 May GBP: http://fbe.unimelb.edu.au/mbs/exchange/global_business_practicum MBP: http://fbe.unimelb.edu.au/mbs/exchange/mbp Hear from the subject coordinator Global Melbourne Time 5.15-6.15 5.15-6.15 Date Monday 23 March Tuesday 24 March Location Lecture Theatre 1 Level 1 The Spot Prest Theatre Ground FBE Building Contact Details Applications and general enquiries: Margaret Herczeg, Industry Programs mbs-practicums@unimelb.edu.au GBP Subject Coordinator: Jennifer Grafton MBP Subject Coordinator: Sujay Nair Any Questions? www.mbs.unimelb.edu.au
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