Finance International Study Program

Study and explore the world of business in Europe

The International Study Program (ISP) offers a fantastic opportunity to visit some of the world's most influential financial institutions, while exploring the Middle East, UK and Europe. It combines traditional study with experiential learning and will run for three weeks between January and February 2015 (Trimester 3 2014).

Program overview

The ISP is a condensed trimester of study at the Melbourne Burwood campus during November and December, followed by approximately three weeks of international travel between January 18 and February 7 2015.

Students will visit the following cities and institutions*:

*This itinerary is subject to change. A revised itinerary, including further detail regarding the timing of activities will be made available closer to your departure date.

Units offered

Eiffel TowerThe program provides students with a deeper understanding of the international aspects of trade, economic policy and finance through I/N organisation visits such as ECB, Duetsche Bank, OECD, S&P and industry visits. The program encourages teamwork and extends the educational and social experience of students by exposing them to different social and professional cultures. It also equips students to behave professionally during the institutional visits and to communicate effectively.

Units

Students cannot enrol themselves in the study program units via StudentConnect. Successful applicants will be advised of their acceptance and enrolled by the Faculty. Students should nominate their preferred unit of study when they submit their application.

Assessment

Each of these units initially involves an intensive 3-week teaching period in Trimester 3 concluding with a two hour exam in early December with a 50% weighting.

The remaining assessment is based on the International travel component of the program and comprises the following:

  • Assignment/Final report (group of 3) 2000-2500 words 20%
  • Intelligence report (pre-tour) (groups of two or three) 15%
  • Intelligence report presentation 5%
  • Program participation 10%

ISP Coordinators

Dr. Samarth Vaidya and Dr. Wei Opie.

Costs

The approximate cost of the 2015 tour will be AUD $7500.

Study Tour Inclusions

  • return economy class airfares with Emirates
  • airport and security tax including fuel surcharges
  • arrival and departure airport and /or train station transfers as specified
  • 19 nights' accommodation in 3 or 4 star properties as specified
  • hot / cold buffet breakfast daily
  • free Wi-Fi in all hotels
  • coach hire for company visits as specified
  • sightseeing tours in all cities
  • train transfers from Prague to Munich, Munich to Frankfurt and Frankfurt to Paris
  • Eurostar from Paris to London
  • Oyster card for London public transport (with a preloaded value of GBP £30)
  • AUD $50 per person for a group dinner in Paris
  • AUD $50 per person for a farewell dinner in London
  • AUD $80 per person slush for coach driver/guide tips
  • assistance with check-in at Melbourne Airport by a Reho Travel representative
  • ISP exclusive ticket wallets and luggage tags.

Items not included in the price that students should allow for:

  • unit tuition fees
  • passport and visa application fees
  • spending money
  • meals not specified on the itinerary

Funding assistance

Domestic students may be eligible to apply for an OS-HELP loan of up to $6250 to help fund their study in the International Study Program. OS-HELP assists students with a range of expenses, such as airfares and accommodation.

Important to note:

  • ISP is based on a minimum number of participating students.
  • A $1000 deposit is required upon acceptance into the tour.
  • We recommend applying for a visa immediately after acceptance. Visa application processes may vary in length and complexity. Visa application processes may vary in length and complexity. Further details will be provided once you are accepted into the program.
  • Travel insurance is free during the length of the program. Students travelling beyond the program dates may need to pay for additional coverage.
  • Students MUST meet all deposit and payment deadlines or they will be excluded from the program. A pending application for OS-HELP is not a relevant reason for not meeting a payment deadline. Students must ensure they have funds to meet the required deadlines.

How to apply

Expressions of interest for the 2015 ISP are now open.

Successful applicants will be notified on 5 September 2014 and must be ready to accept their place in the program by paying their $1000 deposit by 19 September 2014.

Applications close 29 August 2014.

*Please note: that the deposit is non-refundable

FAQs

Frequently asked questions

When will I find out if I have been selected?

The application closing date is the 29th of August 2014. Students will be informed of the outcome of their application by the 12th of September 2014.

Students must be ready to pay their $1,000 deposit on the 19th of September 2014

Please be aware that you are required to pay the deposit and final balance of your Study Tour by the specified due dates, regardless of any loan, support or grants that you have applied for through your University.

How are applications assessed?

The selection criteria include:

  • Completion of student questionnaire on Global Student Mobility
  • Weighted Average Mark
  • Assessment of personal statement
  • Faculty approval following individual course plan assessment.
  • Current course (where applicable).

What are the academic eligibility criteria?

You need to have completed the prerequisite/s if you want to be accepted into the program. Prerequisites are listed on the MET303, MFT306, MFT760 webpages.

Undergraduate students also need to have completed at least 8 units prior to Trimester 3 2014. All students need to have at least one unit left on their study plan when they return to Australia if considering applying for OS-Help.

How will my application be assessed if I do not have/meet the pre-requisite units?

Priority will be given to students for which the units offered on tour fit into their study plan. However, conditional offers may be made dependant on places available and the current course the student is enrolled in. WAM will be also considered when assessing applications of students who have not studied the pre-requisite units.

Special permission may also be given to students participating in the tour and studying the unit as a non-award unit.

What happens when I find out I have been accepted into the program?

Following acceptance into the program, students must submit the following documents located in the materials and questionnaire tabs in their personal profile on the Deakin Global Student Mobility website:

  • Completion of student agreement document
  • Completion of Medical Condition Management Plan (if applicable)
  • Authorisation of enrolment into tour unit
  • Reho Travel deposit confirmation receipt number
  • Passport details including: number, issue and expiry date
  • Emergency Contact details
  • Flight details including flight number, departure and arrival date and time
  • OS-Help application form (where applicable)
  • Completion of media consent form
  • Completion of Personal Emergency Plan document
  • Deakin Insurance registration form completion, submission and confirmation from Deakin Insurance Team.

When are the assignments due?

  • Assignment 1 is split up into two parts.  10 % on tour for participation (the academic will release this mark on the final day of the tour in India), 10% for the session review, which will be due on 5 January 2015
  • Assignment 2 – the academic Journal will be due on 12 January 2015
  • Assignment 3 – the research assignment, is due on 6 February 2015
  • No extensions will be given if students travel after the tour.

Do I need a valid passport and visa?

Your passport MUST be valid for at least 6 months from the date of your return. If you do not have a passport then please ensure that you apply for one as soon as possible. International students must contact Reho Study Tours immediately after they are accepted into the program to discuss visa options.

You must have a valid passport by this date so that there are no delays with the visa application process.

Academic content

Please note that the academic content of this program is to be delivered prior to the international component with class and exam dates to be finalised The School of Accounting, Economics and Finance. As an indication of these dates, please see last year's program*:

Week and Dates Unit Time
Week 1
10th, 12th Nov
MFT 306/MFT760 International Finance and Investment
MET 303 International Trade
9.30 - 12.00
12.45 - 3.15pm
Week 2
17th, 19th Nov
MFT 306/MFT760 International Finance and Investment
MET 303 International Trade
9.30 - 12.00
12.45 - 3.15pm
Week 3
24th and 26th Nov
MFT 306/MFT760 International Finance and Investment
MET 303 International Trade
9.30 - 12.00
12.45 - 3.15pm
Week 4
3rd Dec
MET303 Exam Weeks
*Please note that the 2014 timetables will be made available as soon as they have been finalised and approved by the School.

Important dates:

  • 29 August 2014: Application closing date
  • 19 September 2014: Deposit due
  • 7 November 2014: Final payment due
  • TBA: Compulsory Pre-Departure
  • 18 January 2015: Departure date
  • 7 February 2015: Final day of the program

Contact us

International Development
Program Coordinator
Deakin University
221 Burwood Highway
Burwood VIC 3125
Telephone +61 3 92445004
Email bl-international@deakin.edu.au

Visit our Study Tours page and the Study Abroad website for more information on international programs offered by the Faculty of Business and Law and the University. You can also check out what other Deakin students have to say about their international experiences on deakinabroad.deakin.edu.au.

Page custodian: Faculty of Business & Law
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