Course Title: Germany and the European Union

Part A: Course Overview

Course Title: Germany and the European Union

Credit Points: 24

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BAFI2099

City Campus

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

Summer2007,
Summer2013,
Summer2016,
Summer2017

Flexible Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BAFI2099

City Campus

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

UGRDFlex17 (ZZZZ)

BAFI2099

City Campus

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

UGRDFlex18 (ZZZZ)

Course Coordinator: Dr Sarah Sinclair

Course Coordinator Phone: +61 3 9925 1329

Course Coordinator Email: sarah.sinclair@rmit.edu.au

Course Coordinator Location: Bld. 80, Level 11

Course Coordinator Availability: By appointment only


Pre-requisite Courses and Assumed Knowledge and Capabilities

None.


Course Description

General:   The internationalization of business has become increasingly important over recent decades. From the relatively uncomplicated import and export transactions that primarily characterized ‘international’ business in the 1950’s and 1960’s, to the complex world of international financial and management practices currently undertaken by multinational companies, the business environment has evolved into a challenging, and often unpredictable, setting. Notwithstanding the international nature of business, individuals often see the world from an ethnocentric perspective. Their view of the rest of the world is tinted by their experiences in their home country, in their home city. As a result, business practices may be one- dimensional, lacking the depth and expertise of a global standpoint. One of the major objectives of this course is therefore to sensitize students to ethnocentrism and develop students’ understanding of cross-cultural differences. This study tour will expose students to an environment that is significantly dissimilar to that of Australia and /or Asia. It will encourage students to see the world from different academic and business perspectives. As students, they will experience a university system that is unlike that they know, while as potential business graduates, they will encounter practices that will broaden their knowledge and skills.   Specific:   The establishment of the European Union (EU) and the introduction of the euro have transformed the international monetary system and the operation of international business. The EU represents a market of more than 512 million inhabitants. A major objective of this course is to enhance and broaden students’ knowledge and understanding of the European Union. Students will study various aspects of the German economy, the country’s political and financial system and its cultural development, as well as the development and evolution of the European Union. Through a series of seminars, presentations by industry leaders and site visits, students will gain deep insight into Germany and the EU.


Objectives/Learning Outcomes/Capability Development

-


The Learning Outcomes of this course include:

 

CLO1. Assess the influence of cultural factors on the individual, on business and on professional behaviour   CLO2. Reflect on and take responsibility for your own learning   CLO3. Communicate effectively in a professional context with a variety of audiences   CLO4. Compare the economic, social, and political situations of Australia and the EU   CLO5. Apply problem solving skills to identify and construct innovative solutions to complex challenges or opportunities


Overview of Learning Activities

Specifically the Learning Activities are:

  • Identify and investigate selected aspects of Australian business practices and compare these to European business practices.
  • Record observations and reflect on personal experiences identifying similarities and differences in the cultural approaches and interpretations of social and teaching and learning practices.
  • Reflect upon the processes of cultural and social adjustment involved in living and studying in another culture
  • Investigate their cultural assumptions and their practices, and identify their effect on others.
  • Report on an analysis of the destination country in context of the European Union, incorporating both a cultural and business dimension.
  • Attend and participate in lectures and/or Site Visits in European location.
  • Participate in workshop discussions and/or online discussions.


Overview of Learning Resources

Various learning resources are available online through RMIT's learning management system, Canvas. These include: lecture slides; a list of curated reading materials; and relevant online resources including videos and articles. Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school.   Librarians are located online on the RMIT library website.   Additional resources to assist your learning may be identified by your course coordinator and made available to you as required during the teaching period.


Overview of Assessment

Assessment tasks may include:

 

Melbourne-Based Assessments: 60% Assessment task 1 - 15%  - (link CLOs) Linked CLO’s 2,3,4 Assessment task 2 - 20% - (link CLOs) Linked CLO’s – 1,2,3,4,5 Assessment task 3 - 25% - (link CLOs) Linked CLO’s - 1,2,3,4,5   Off shore assessment tasks 40% Linked CLO’s (1,2,3,4,5)   40% of the assessment task will be managed by the Cologne University of Applied Sciences. Details of the assessment tasks will be provided by the teaching team in Cologne. The assessment is designed to examine students’ understanding of the theoretical and practical issues explored and developed during the European study experience.