Engaging in International Business
Destination Sri Lanka
Colombo is a city of diversity and the cultural melting pot and commercial capital of Sri Lanka. Gradually transforming itself into a modern city, with a population of 5.6 million (about a quarter of Sri Lanka’s population), it is the epicenter of Sri Lanka’s administrative, financial and commercial sectors. Situated in the south-west of the island it is the gateway to the rest of the country. But it also offers many attractions of its own, with parks and temples and a rich colonial history exemplified in the many fine buildings that reflect its multicultural background but also its modernising ambitions.
Completing 12 credit points over two weeks, this program
offers you the chance to experience and learn about the dynamics, opportunities and challenges of doing business in Sri Lanka and understanding its role in the context of South Asia.
Drawing on history, politics, economics, social and business issues, the program integrates an intensive academic schedule with engaging and complementary firm and site visits, excursions and meetings with industry leaders.
As a modernizing and rapidly developing state, Sri Lanka is an important example of how a nation and an economy can be transformed after settling a long civil conflict, re-establishing effective government, choosing peace as the only path for the future, and pursuing a policy of growth and reconstruction – which in turn will help redress inequality and bring greater prosperity. The country makes for a great case study of an evolving and developing economy, which is transitioning from an economy in the main driven by rural-based agriculture, notably (and famously) the tea industry, towards a more urbanized economy, underpinned by a growing services and manufacturing sector, and paying particular attention to its small business, entrepreneurial sector, where women play an exceptional and vital role.
Sri Lanka is strategically located in the Indian Ocean, making it an important player in trade routes throughout the South Asia region. It is Australia’s largest island neighbor, and both nations share a common and diverse colonial history with many common interests in the value of education, enthusiasm for national and international sport (especially cricket), and enhancing the welfare of citizens in a democracy.
The program has been designed by Monash Business School in collaboration with the Faculty of Management Studies and Commerce, University of Sri Jayewardenepura
(SJP). SJP is a highly regarded autonomous university. Located 15kms from the capital city, Colombo, it is a vibrant, attractive, modern and multicultural university that welcomes engagement with the rest of the world.
Application requirement - personal statement
You will be required to submit a personal statement as part of your application. Write a brief personal statement (no more than 200 words) outlining the following:
- Why would you like to undertake this program
- What inspired you to apply for this program
- What would you like to learn from this program
- Undergraduate students - must have 96 credit points completed
- Postgraduate students - permission is required. Students must seek the permission of their Course Director to ensure that this elective unit meets the requirements of their course. Students must be participating in an approved program of advanced study.
As a first offering of this program, with the generous support of Monash Business School, most costs on the ground will be provided by Monash University
The package includes:
The package excludes:
- Twin share accommodation from 4-17 Feb (13 nights)
- Breakfast and lunches daily on week days
- Transportation between accommodation and University during the program
- Welcome and Farewell function
- Transportation for program site visits.
- Monash travel insurance for the period of overseas study.
- Monash University fees for 12 credit points of study
- International Flights
- Visa Costs
- Local travel except for site visits.
- Medical expenses
- Meals and drinks not included in the program
- Personal expenses
- $3000 available to undergraduate students who meet the criteria-20 scholarships available
- Enrolled in an undergraduate program
- Australian citizen aged between 18-28 years of age (unless of Aboriginal or Torres Strait Islander descent, age restriction does not apply)
- Undergraduate students - please see the information regarding OS-HELP loans.
Students cannot receive a Student Grant to undertake a Mobility Program in a host location which they have dual citizenship or residency rights.
- You must have a valid Passport that does not expire until six months after the date of departure. If you do not have a valid passport please organise now!
Travel Insurance that is independent from the university insurance and depending on risk factor with your health usually starts from $180 upwards. If you shop around you can usually get some good deals through your private health insurer. Please note if you have a pre-existing condition you are obliged to disclose the information to the Monash Business School and university insurer and obtain clearance from your doctor or specialist for travel.
Assessment and results
The program will be recognised as equivalent to 12 points of Monash study.
- Students who successfully complete the BEX component of the unit will receive a grade and mark.
- Students who successfully complete the BEH component will receive the SFR (Satisfied Faculty Requirement) grade.