Murdoch Uni to launch China MBA

AN MBA in International Business – China will be offered by Murdoch University next year.

The course will involve six weeks’ industry placement in China and an applied research project.

All students will complete a course entitled Chinese Business Enterprise Development and compile research data for an international consultancy chosen by the student.

Murdoch University senior lecturer of commerce John Krasnostein said the course would be marketed worldwide and had been developed to prepare students for business dealings with the emerging market of China.

“China will be Australia’s biggest trading partner by next year and will be the biggest economy in the world by 2020,” Mr Krasnostein said.

“There are a lot of risks in dealing with China and a lot of firms will fail when doing business there.

“Most Australian firms are currently unprepared for the market and will more or less need to go into joint ventures to succeed.”

China is WA’s third largest export market with total bilateral trade currently worth around $1.7 billion.

Commerce and Trade Minister Hendy Cowan said China offered trade opportunities well beyond the resource commodities and primary agriculture produce which are the bulk of WA’s exports to China.

“China needs competitive products and services to help improve urban air quality, treat urban and industrial waste and reverse rural land degradation,” Mr Cowan said.

“Reform of the public service and state-owned enterprises is generating huge demand for training, and housing reform is expected to generate demand for competitively priced but technologically advanced new building materials and systems.”

He said there was a growing market for middle and upmarket consumer products and services such as high quality imported food products, cultural and recreational activities and overseas training.

“WA companies have already established successful printing and office cleaning operations in Shanghai, mainly servicing foreign companies there,” he said.

Mr Krasnostein said a natural gas project currently being developed in China would be “bigger than the entire North West shelf project”.

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