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 [email protected]
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
[email protected]
GBP Subject Coordinator:
Jennifer Grafton
MBP Subject Coordinator:
Sujay Nair
Any Questions?
www.mbs.unimelb.edu.au