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Master in International Business (Awarded by Grenoble Graduate School of Business, France)

About the Course
Course Curriculum
International Application
Local Application
 

Programme Overview

The Master in International Business is a high-quality comprehensive programme of business adminstration subjects, studied from an international perspective.

The programme focuses on the knowledge required by managers in different sectors to work in international companies and environments.

It is a strong generalist programme that integrated all the core management courses and uses cross-functional approached to aplly these key fields while providing students with an international specialisation.

 

Why Choose Grenoble Ecole De Management (GEM)?

  • Ranked 20th in the Financial Times European Business Schools 2015
  • Grenoble Ecole de Management is one of the few business schools (1% of schools worldwide) in possession the three accreditations, distinguishing GEM as a  the leading international business schools: EQUIS (European Quality Improvement System), AACSB (The Association to Advance Collegiate Schools of Business) and AMBA (The Association of MBAs).
  • A pioneer in management of technology and multicultural management 
  • A balance of theoretical and practical management learning
  • A truly international Business School in the heart of the French Alps

 

Why Choose The Programme?

An internationally recognised programme ranked among the World's Top 20 Masters in Management and is well positioned in the following aread by The Financial Times 2015.

  • Employed at 3 months:93%. The percentage of the most recent graduating class that were in employment three months after graduation.
  • International Mobility: 8th worldwide. A measure based on changes in the country of employment of alumni between graduation and today.
  • Careers: 17th worldwide. The career status of alumni three years after graduation. Progression is measured according to level of seniority and the size of company in which they are employed.

The rankings clearly reflect the international advantage of GGSB's Master in International Business and its excellent quality, which translates into a world of opportunities for its graduates.

  • A generalist programme with a special focus on international aspects of business and management to meet the changing needs of today's global companies
  • A personal, enriching and learning experience in a truly multicultural environment
  • A programme developing and practicing the innovation-based nature of business and management

Assessment Methods

Each course is assessed by written assignments and an examination.

Graduation

Students who successfully complete the programme will be awarded the prestigious Master in International Business from Grenoble Graduate School of Business (France).

 

Grenoble Graduate School of Business, France

     Located in the heart of the business district "Europole" and next to the World Trade Centre,Grenoble Graduate School of Business, the international school of Grenoble Ecole de Management, is a major player in the European and international affairs. Founded in 1984, Grenoble Ecole de Management is one of Europe's best Management Schools.

Grenoble Ecole de Management proposes 20 different programmes (including master in international business) which incorporate the concepts of Management, Technology and Innovation and are taught both in France and on the School's international campuses.


Three accreditations distinguish the best business schools in the world. Grenoble Ecole de Management is one of the few to hold all three of them:

  • AACSB (Association to Advance Collegiate Schools of Business)
  • EQUIS (European Quality Improvement System) 
  • AMBA (Association of MBAs)

These independent evaluations guarantee that the contents and the quality of the programmes satisfy international standards. The courses are continually improved, updated, and in tune with market needs. The instructors are appropriately qualified. Degrees conferred on students by Grenoble Ecole de Management are recognised internationally.

Grenoble Ecole de Management's 20 years of experience in Management of Technology has made it an internationally recognised centre of excellence. Acting as a foundation to every initiative, it channels and influences the institution's activities and actions: programmes, business chairs, entrepreneurship, academic and applied research, technological and pedagogical environments.

 

 

The Curriculum#

 

Accounting

  • International Accounting and Financial Statement Analysis
  • Budgeting and Controlling

Finance and Economics

  • Corporate Finance
  • International Financial Risk Management
  • Microeconomics of Competitiveness 

Strategy and Operations

  • Strategic Management
  • Project Management
  • International Operations and Supply Chain Management
  • Managing Technology and Innovations

Marketing

  • Marketing Management
  • International Marketing
  • Strategic Marketing and Planning

IT and Web Applications

  • Managing Information Systems

International Management

  • Intercultural and Ethical Issues in International Business
  • Managing People and Organisations

International Business

  • International Negotiation
  • Economics in International Business
  • Legal Environment of International Business
  • Global Business Operations
  • Global Trade Relations

Business Research and Analysis

  • Research Methodology for International Managers I
  • Research Methodology for International Managers II

Language Module 1st Semester

Language Module 2nd Semester

 

Final Management Project

#GGSB reserves the right to vary the structure and curriculum

 

Modules Descriptions

Marketing

 

Module: Marketing Management

 
The Marketing Management sub-module forms part of the Marketing module.
 
In this module students will learn to apply the basic concepts, practices and principles of marketing. They
will understand the role of marketing in the company and its relation with the other functions. Students will learn
how effective marketing based on an understanding of customer’s needs creates value for customers and
therefore profits for the company.
 
In addition to introducing marketing and consumer behaviour, this module will also cover topics like market
intelligence and analysis, segmentation, targeting and positioning, the Marketing Mix (4 Ps or 7Ps), products
and services, B-to-C and B-to-B marketing. It will also briefly cover New Product Development and Product Life
Cycles, as well as price, distribution and communication strategies.
 

Module: International Marketing

 
International Marketing sub-module forms part of the Marketing module.
 
In this module students build on the basic principles of marketing from the marketing management module and learn to apply the concepts, practices and principles of marketing in an international context. In addition to introducing international marketing and the global marketplace, this module also covers global competitive analysis and strategy, international markets entry strategies and expansion, the international consumer, international market research, the international marketing mix, and the challenges of managing the marketing mix internationally.
 
It also evokes global products and branding decisions, and briefly discusses international pricing, distribution channels, and global communication strategies.
 

Module: Strategic Marketing and Planning


Strategic Marketing and Planning sub-module forms part of the Marketing module.

In this module, students learn to apply the concepts, practices and principles of strategic planning in the marketing context. In addition to introducing strategic marketing, the module will also train students regarding diagnosing the marketing strategy (external environment analysis methods: PEST or STEEPLE, matrices for product-market portfolio analyses: Ansoff, BCG, GE/McKinsey, AD Little, Royal Dutch Shell, Stratport). It trains students in formulating strategies and taking marketing decisions (Porter’s Competitive Approaches) and adopting different strategies along different stages of the life cycle (entry strategies, expansion strategies in growing environments, marketing strategies in mature markets, exit strategies in declining environments).

Students also learn how to prepare a formal Marketing Plan (organising people and resources for the marketing plan, information systems for the marketing plan, scheduling the marketing plan, and finally budgeting and controlling the marketing plan).
 

Accounting

 

Module: International Accounting and Financial Statement Analysis

 
The International Accounting and Finance Statement Analysis sub-module forms part of the Accounting module.

This module is an introduction to accounting and financial reporting in a multinational environment. Accounting information, in the form of financial statements, is used for planning, control and decision making. This module looks at the analysis of accounts and financial information from the point of view of the users (manager and investor) rather than the preparer (accountant) of information and emphasises the international dimension of financial reporting. 
 
Some of the topics covered include the Balance Sheet, Inventory Valuation Methods, Income Statement (P&L), ratios (financial analysis), cash flow statements, international accounting (Sarbannes-Oxley), and ethics in accounting.
 

Module: Budgeting and Controlling

 
The budgeting and controlling sub-module forms part of the Accounting module.

This module is dedicated to internal decision makers who need to plan, control, co-ordinate and analyse where and how revenues, costs and profits are created in the company, and who need to compare profits according to different scenarios. This module trains students to distinguish between the basic cost categories (fixed/variable, product/period, actual/ forecast, direct/indirect), to use marginal costing concepts in problem solving, to calculate  profit/volume equations to determine breakeven, safety index and operating leverage, and to appreciate the importance of indirect costs (overheads).

The module also elaborates on the role of the budget and how to prepare its various components (budgeted P&L, cash budget, budgeted balance sheet). Students are taught about the role of reporting in managing organisations and the balanced scorecard approach to implement strategy and measure corporate performance.
 

Finance and Economics


Module: Corporate Finance

 
The Corporate Finance sub-module forms part of the Finance and Economics module.
 
The course addresses the basic principles of corporate finance: the role of finance in corporations, the financing cycle and the conditions of value creation; compounding, discounting, the net present value; and investment decisions (cash-flow forecasts and investment selection criteria: NPV, IRR,…).
 
This module also focuses on the key financing decisions: the financing resources of corporations (equity and financial debt); equity financing (how to raise money by issuing equity), estimation of the cost of equity, debt financing (main types of debt, how to issue debt, calculation of the cost of debt), and the weighted average cost of capital.
 

Module: International Financial Risk Management

 
The International Financial Risk Management submodule forms part of the Finance and Economics module.

This module begins by explaining why international finance is different from purely domestic finance. In addition to basic corporate finance problems such as financing, investment etc., when a corporation decides to turn international, it is also required to cope with floating exchange rates.
 
The course on International Financial Risk Management describes how financial managers operate to protect or maximise the value of the firm in the current volatile global environment. Topics include the exposure of the corporation to foreign exchange risk, the foreign
exchange market, the foundations of the international monetary system, the currency derivatives, hedging policies, risk reporting, and accountancy questions raised by international financial management.
 

Module: Microeconomics of Competitiveness (Harvard Business School Course)

 
The Microeconomics of Competitiveness sub-module forms part of the Finance and Economics module.
 
This module explores the determinants of national and regional competitiveness from a bottom-up, microeconomic perspective. The module probes the ultimate determinants of a nation’s or region’s productivity, rooted in the  strategies and operating practices of locally-based firms, the vitality of clusters, and the quality of the business environment in which competition takes place.
 
This module examines both advanced and developing economies and addresses the competitiveness of
nations, sub-national units such as states or provinces, and particular clusters. The module also examines the role that economic coordination among neighboring countries plays in competitiveness. The module is concerned not only with government policy but also with the roles that firms, industry associations, universities, and other  institutions play in competitiveness policy, but also the organisational structures, institutional structures, and change processes required for sustained improvements in competitiveness.
 

IT and Web Applications


Module: Managing Information Systems

 
The Managing Information Systems sub-module forms part of the IT and Web Application module.

The intent of this module is to provide students with an introduction to the key concepts and principles needed for the effective deployment, use, and management of Information Technology in organisations.

 

International Management 

 

Module: Intercultural and Ethical Issues in International Business

 
Intercultural and Ethical Issues in International Business sub-module forms part of the International Management
module.

This module aims to discuss a variety of intercultural and ethical issues that international managers encounter. The first part of the module encourages students to critique the essentialist national and corporate culture paradigms and offers dynamic paradigms for cultural sense-making. This part of the module also encourages reflections on  perceptual biases, stereotypes, intercultural communication, discrimination, and ethical value judgments.
 
The second half of the module focuses more on the basic concepts and logic of business ethics; legality and morality, the cultural dimension in ethical issues in business, and Corporate Social Responsibility.
 
Additionally, it focuses on contemporary macro level themes and issues in the subject like sustainability in its various meanings. It also discusses the stakeholder theory, micro level ethical issues in business and leading
approaches to moral philosophy.
 

Module: Managing People and Organisation 

 
The Managing People and Organisation sub-module forms part of the International Management module.
 
This module explores the various dimensions to managing people and organisations. It adopts a critical perspective to the experience of work in national and international organisations. It addresses topics such as motivation, decision making, and team working; as well as processes such as recruitment, mobility management, and the  learning organisation within the wider challenges faced in managing organisations dispersed across multiple national contexts.
 

International Business


Module: International Negotiation

 
The International Negotiation sub-module forms part of the International Business module.

The objectives of this module are to develop the understanding of the main concepts of negotiation as well as the participants’ basic negotiation skills. The international dimension is covered through readings, exercises, preparation and role play of an international negotiation case in a cross-cultural group.
 

Module: Economics in International Business

 
This module introduces students to the key macro and micro economic theories and models which frame strategic and operational business decisions and practice
 

Module: Legal Environment of International Business

 
The Legal Environment of International Business submodule forms part of the International Business module.

 

Module: Global Business Operations

 
The Global Business Operations sub-module forms part of the International Business module.
 
This module examines the strategies available to global companies for successful operations abroad. It focuses on the opportunities and risks for companies investing in business operations in both developed countries and in emerging economies, particularly where this concerns foreign direct investment.

 

Module: Global Trade Relations

 
The Global Trade Relations sub-module forms part of the International Business module.

This module presents the international trading environment and the relations between developed and emerging economies at a macroeconomic level with a focus on regional trade blocs.
 

Strategy and Operations

 

Module: Strategic Management

 
The Strategic Management sub-module forms part of the Strategy and Operations module. 

This module addresses the following question: what makes the firm successful? Success is defined in
this context in terms of creating shareholder value over the long-term. The strategy of a firm is the set of decisions it makes concerning how it will achieve superior performance, and therefore create value for its shareholders.

The course will present the tools and techniques for formulating successful strategies, by analysing industries, sources of profitability available to firms, and designing the strategies to access these sources of profitability. It looks at strategy as a link between the firm and its industry environment. 
 
A central topic of the course is the analysis of industry structure and the strategies for building competitive advantage for superior profitability. The course is concerned not just with analysis but with decisions. Therefore, it concentrates on discussions on industries and individual companies. Students are asked to analyse industries and structures and positions, and make decisions concerning key issues and indicate how these decisions may be implemented.
 

Module: Project Management

 
The Project Management sub-module forms part of the Strategy and Operations module.

The objective of this module is introduce, to students, the basic tools and methodology for Project Management in
order to make them familiar with the best practices in Project Management.

The module covers topics like micro and macro- planning (Gantt, PERT and the Work Breakdown Structure), planning and resource allocations, project monitoring and risk (resource and time constrains, managing project evolution, identifying hazard and managing risk), and also personnel management and project closing (management approaches within project cycles, closing and archiving projects).
 

Module: International Operations and Supply Chain Management

 
The International Operations and Supply Chain Management sub-module forms part of the Strategy and Operations module.

This module looks in greater depth at one key specific area of doing business on a global scale: the organisation of logistics and the analysis of value in the supply chain.
 

Module: Managing Technology and Innovations

 
The Managing Technology and Innovations sub-module forms part of the Strategy and Operations module.

This module begins with generating a general understanding of how innovations should be taken into account in  business and corporate strategies, and progressively zooms in on the market level, and on the question of how firms can make market successes out of innovation ideas. It covers the basic concepts of innovation and competitive  dynamics, business models, the involvement of customers in the New Product Development process, and new product acceptance and diffusion.
 
 

Foreign Language

 
Foreign language skills are an asset in the international environment, therefore a foreign language module is an integral part of the programme for all students. Non- French speakers will study French and non-Mandarin speakers will study Chinese.

This module will be taught over the period of 9 months covering 72 contact hours.
 

The International Management Project

 
Upon completion of the academic taught part, students will begin writing their final management project under the supervision of a tutor from Grenoble Graduate School of Business. Grading of final management projects will be made by faculty members of Grenoble Graduate School of Business. 

The project should be 20,000 words long and involve both library and field research. The project will investigate a particular research question that is business oriented and international in context. The dissertation can be done in parallel with full-time employment or in an internship.
 

Business Research and Analysis

 

Module:

Research Methodology for International Managers I /

Research Methodology for International Managers II

 
This module is divided into two parts and runs over two semesters. The first part of the module covers the basics of research methodology for future international managers. In semester 2 the module focuses more on data collection, data analysis, and the final write up of the Final Management Project.
 
Topics to be covered in Semester 1 include choosing a research question, conducting literature review, generating hypotheses, operationalising constructs, interviews, questionnaire design, and collecting survey data.
 
In semester 2 the following topics will be covered: descriptive statistics, probability, inferential statistics, bivariate and multivariate statistics, and finally, combining  findings from quantitative and qualitative research to write the Final Management Project Report.
 
*GGSB reserves the right to vary the curriculum and duration.
 

The average lecturer/student ratio is 1 : 100 (lecture)

The average lecturer/student ratio is 1 : 20 (tutorial)

Click here to download profiles of lecturers.

 

 

Structure and Duration


Full-Time Programme 

Duration : 24 months

 

Commencement Date


2016 Class Intake 

 
Course Commencement Date
Full-time Programme 5 October 2016

 

Fees

 
Application Fee
 
MDIS   S$137.00 
GGSB   EUR95.00 
 
Tuition Fees            S$35,310.00
 
All fees quoted are inclusive of GST.
Non-tuition fees are not included.
 
 

Admission Requirements

Interested applicants must possess the following:

  • All applicants must be of age 20 and above
  • A Bachelor-level, undergraduate degree 

 

English Language Requirements

 

If English is not the first language, applicants are required to demonstrate fluency in English in one of the following:

  • IELTS : 6.5 with a minimum of 6.0 in all areas (listening, reading, writing and speaking)
  • TOEFL : computed-based 240 / internet-based 94 (minimum score of 22 in each band) / paper-based 587
  • Pearson Test of English (PTE) with a minimum of 63
  • Cambridge Proficiency Exam : A, B, C
  • MDIS Professional Certificate in English (PCIE) with a minimum score of 65

 

 

Application Procedure

To apply for this programme, candidates are to register online via Grenoble Graduate School of Business website to http://ggsb.toapply.com. Candidates must complete the online application and include scanned copies of all original supporting documents.

All documents must be in English, or be sumbitted with a certified transaltion into English if written in another language.

  • Curriculum vitae / Resume
  • 3 short essays
  • 2 references (professional or academic) family members or friends are not acceptable as referees
  • Scan of passport
  • Internationally recognised passport picture (colour, JPEG, 150 x 150 pixels)
  • Fluency in English (IELTS, TOEFL, PTE or CPE), TOEIC is not accepted. Please note English test scores must be communicated to GGSB by the beginning of July for October programmes.
  • Official copy of latest degree or diploma
  • University transcripts: front/back with grading scale
  • Application processing fee to http://ggsb.fullfabric.com (non-refundable fee of EUR95, payable via credit card)

Upon completion of the online application, applicants are to submit the following to MDIS:

  • MDIS Application Form
  • 4 recent passport-size photographs of the applicant (against white background)
  • 1 copy of Immigration and Checkpoint Authority (ICA) e-Form 16
  • Copy of applicant's passport pages showing his/ her particulars and travel document's date of validity (at least 1 year)
  • Copy of applicant's birth certificate / affidavit
  • Copy of applicant's certified / notarised copy of education results / certificates and transcripts (with detailed results)
  • Copy of the student pass (For applicants transferred from other schools in Singapore) or notification for cancellation of student pass, visit pass and embarkation form.
  • Must show proof of English medium  
  • Copy of financial ability. (e.g. bank statement, fixed deposit / saving account ) • Visa Required Country only (E.g. minimum amount of RMB150, 000 for PRC only)
  • Proof of parent's occupation (PRC only)
  • University matriculation form (if applicable)
  • Letter by applicant indicating interest to study with MDIS (study plan/ statement of purpose) for Master's degree programmes

*Notarized English translations are needed if documents are in other languages.

For more enquiries, please contact us at 6278 8000 or email us at ib@mdis.edu.sg.

MDIS permits students to pay their course fee in instalments. An administrative charge of S$107.00 (inclusive of GST) will be levied on each late instalment payment of the course fee. Fees are payable upon confirmation and acceptance of the place in the programme before the programme commencement. You may pay your fee by cash, NETS, VISA, MasterCard, AMEX or by cheque or through our financial assistance scheme.If payment is by cheque, please indicate the details of the programme applied for on the back of the cheque, stating clearly you personal particulars and company name. Unless otherwise stated, all fees are inclusive of GST.

Please note that under the Private Education Act, all students will enter into a Fee Protection Scheme contract with MDIS.

 

Student Pass Application

International students are required to apply for student passes if they wish to study full-time in Singapore. Please click here for more information.

 

Structure and Duration


Full-time Programme 

 

Duration : 24 months

 

 

Commencement Date

 

2016 Class Intake

 
Course Commencement Date
Full-time Programme 5 October 2016
 

Fees

 
Application Fee
 
MDIS  S$53.50 
 
GGSB  EUR95.00 
 
 
Tuition Fees                      S$36,112.50
 
Non-tuition Fees              S$     747.32
 
Total                                   S$36,859.82
 

Note:

  • All fees quoted are inclusive of GST.
  • Non-tuition fees for full-time programmes include MDIS membership entrance fees, annual membership subscription fees, MDIS experience seminars, medical insurance and fee protection scheme (FPS) Insurance Premium.
  • The above does not include Miscellaneous Fees, which refer to any non-compulsory and non-standard fees which the student will pay only when necessary or applicable.  Such fees are normally collected on an ad-hoc basis by the PEI when the need arises.
 

Admission Requirements

Interested applicants must possess the following:

  • All applicants must be of age 20 and above
  • A Bachelor-level, undergraduate degree 

 

English Language Requirements

 

If English is not the first language, applicants are required to demonstrate fluency in English in one of the following:

  • IELTS : 6.5 with a minimum of 6.0 in all areas (listening, reading, writing and speaking)
  • TOEFL : computed-based 240 / internet-based 94 (minimum score of 22 in each band) / paper-based 587
  • Pearson Test of English (PTE) with a minimum of 63
  • Cambridge Proficiency Exam : A, B, C

 

 

Application Procedure

To apply for this programme, candidates are to register online via Grenoable Graduate School of Business website at http://ggsb.toapply.com. Candidates must complete the online application and include scanned copies of all originial supporting documents.

All documents must be in English, or be sumbitted with a certified transaltion into English if written in another language.

  • Curriculum vitae / Resume
  • 3 short essays
  • 2 references (professional or academic) family members or friends are not acceptable as referees
  • Scan of passport
  • Internationally recognised passport picture (colour, JPEG, 150 x 150 pixels)
  • Fluency in English (IELTS, TOEFL, PTE or CPE), TOEIC is not accepted. Please note English test scores must be communicated to GGSB by the beginning of July for October programmes.
  • Official copy of latest degree or diploma
  • University transcripts: front/back with grading scale
  • Application processing fee to http://ggsb.toapply.com (non-refundable fee of EUR95, payable via credit card)

Upon completion of the online application, applicants are to submit the following to MDIS:

  • MDIS application form  
  • Two passport-sized photographs
  • Curriculum vitae / Resume
  • Photocopy of NRIC / Passport
  • Certified true copies of all education certificates and transcripts
  • Other relevant educational / professional / training certificates
  • Application processing fee to MDIS (non-refundable fee of $53.50)

 

 

Financial Assistance Scheme

Student loans from the organisations listed below are available to Singapore Citizens and Permanent Residents. Please contact the organisations directly to find out how you may benefit from their services.

 

STUDY LOANS
 

Organisation Contact Number Website
TCC Limited Tel : 6319 3700 www.tcc.org.sg
DBS Bank Tel : 1800 111 1111 www.dbs.com.sg
Maybank Tel : 1800 629 2265 www.maybank2u.com.sg

 

 

0% INTEREST CREDIT CARD INSTALMENT PLANS

For All Programmes (Available in 6 or 12 months)

Organisation Contact Number Website
Standard Chartered
Bank
Tel : 1800 747 7000 www.standardchartered.com.sg
Citibank Tel : 1800 225 5225 www.citibank.com.sg
Maybank Tel : 1800 968 2265 www.maybank.com.sg
UOB Tel : 1800 226 6121 www.uob.com.sg
OCBC Tel : 1800 363 3333 www.ocbc.com.sg
DBS Tel : 1800 111 1111 www.dbs.com
POSB Tel : 1800 339 6666 www.posb.com.sg
Bank of China  Tel : 1800 669 5566  www.bankofchina.com/sg

 

For Degree and Master (Available in 24 months)

Organisation Contact Number Website
Citibank Tel : 1800 225 5225 www.citibank.com.sg

 

 

 
 
QUICK INFORMATION
Duration of Course | 24 months
Award | MASTERS
  PROGRESS TO NEXT LEVEL  
COMMENCEMENT DATE  
 
2016 Class Intake 

Full-time Programme
5 Oct
CONTACT DETAILS  
 
TEL [65] 6247 9111/6372 1000
 

 

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