Integrated Masters in IBML

2. Integrated Masters in IBML Information for IBML2 15.4.13

3. Background • Masters in IBML approved Senate Nov. 2011 • Transition arrangements for potential applicants in years 1-4 • B.A. in IBML in place for years 1-4 • Transfer to Masters based on application & criteria fulfilment

4. B.A. (Hons) vs. Integrated Masters B.A. Honours - Structure: • 480 Credits • Pass all classes to go on exchange • Undertake 80 credits on exchange • Exchange requires to be at least 8 months in length

5. Integrated Masters Structure • 600 Credits • Pass with an average of 55% & above • Undertake 120 credits on exchange • 80 Credits – Business, 40 – Language(s) • Exchange requires to be 1 full academic year

6. Year 3 • Curriculum same for both pathways • At end of year 3 apply for Honours or Integrated Masters • Honours – pass all subjects to go on exchange • Integrated Masters – achieve an average of 55% in years 2 & 3 to qualify to apply

7. Exchange Opportunities for IBML in Year 4

8. Welcome! Exchanges Team Elaine Collinson, Director of Undergraduate International Programmes Sheila Mills, International Exchanges and Partnerships Coordinator Michele French, Exchanges Secretary

9. Undergraduate Team Members • Lesley Nixon, Senior Student Adviser • Karen Clancey, Student Adviser • Kirsty McColl, Faculty Administrative Assistant

10. Do I have to study abroad? • It is a regulation of the IBML degree that all IBML students have to spend a period abroad in year 4 • Those students on the IBML Hons degree have the option to either study or work abroad or a combination – more on this later

11. Where can I study? • Europe – Italy, Spain, France, Switzerland, Germany, Austria • Canada – HEC Montreal • Chile – Adolfo Ibanez • Peru - ESAN • All partners are linked on our website - there are 2/3 places available at each partner institution International Exchanges website - http://www.strath.ac.uk/business/undergraduate/international/

12. Where can I work? • Work placements possible for IBML Hons only – not for Integrated Masters. • If you choose to do a work placement you have to find this placement yourself. You can work in any country that speaks the language you are studying. Remember that if you do a work placement in Europe you may be eligible to apply for Erasmus funding. All work placements need to be approved by Strathclyde. • Sandra Wright in the Careers Service can help you in your search for a work placement. If you do a work placement then the placement should last at least 8 months and start no earlier than Sept/Oct of the year you are abroad. • If you combine study and work, then the work placement should last 5 months.

13. Do I pay tuition fees? • As an exchange student you will pay the tuition fees at Strathclyde (if applicable) as if you were to study here during your year/semester abroad • Student Loan - you can apply for a loan as usual though you must let the award agency (e.g. SAAS) know that you will be on compulsory exchange

14. How long can I study abroad? BA IBML Honours - You have the option of completing either – 1 - an academic year studying abroad or 2 - a 8 month authorised work placement and report or 3 – a semester of study and a 3-5 month authorised work placement and report

15. How long can I study abroad? Masters in IBML Those following the Masters in IBML are able to undertake an academic year studying abroad.

16. Will I receive funding for my year abroad? • In previous years, students who study or work in Europe have been entitled to an Erasmus grant for up to 12 months study (or combined study & work) • Erasmus grant amounts in 12-13 were 370 Euros a month for study and for work. Please note these amounts are not fixed and vary each year

17. How much does it cost? • Flights • Insurance • Visa • Accommodation • Estimated cost is £4000 for one semester overseas

18. Neil Hood Memorial Fund • If you are applying for an exchange outside Europe you may wish to apply to the Neil Hood Memorial Fund • Usually grants available annually for Strathclyde business students • Application and further info online - www.strath.ac.uk/business/undergraduate/international/outgoing/neilhoodfundscholarship/

19. When do I apply? • You will apply in semester 1 of 3rd year. You will be e-mailed about meetings which you should attend. Once you have completed the Strathclyde application you will be nominated to a university abroad and will then have to complete that university’s application procedure. • You are not guaranteed your first choice of institution - need to put your preferences on the application form and explain why you are applying for each • We will do our best to match your preferences, though some destinations may be more in demand than others • The less popular the destination – the more likely you are to secure a place! Keep an open mind and explore all the options

20. Will my credits transfer? BA IBML Honours • Study – You need to pass 40 ECTS credits (30 ECTS in business classes and language tuition, 10 ECTS in English in business or non-business related classes.) • Work - You need to pass 40 ECTS credits for a 8 month work placement, 20 ECTS credits for a 3-5 month work placement • The year abroad is not a holiday and you will have to work hard and pass your credit requirements • We will receive a transcript of your grades and decide whether you have passed the year at the end of your studies overseas and make a recommendation to the exam board at Strathclyde on your progress

21. Will my credits transfer? Masters in IBML • Study – You need to pass 60 ECTS credits. All classes need to be at level 4. Business classes need to focus around the areas of principal subject, international business, cultural differences etc. • The year abroad is not a holiday and you will have to work hard and pass your credit requirements • We will receive a transcript of your grades and decide whether you have passed the year at the end of your studies overseas and make a recommendation to the exam board at Strathclyde on your progress

22. What are the benefits of studying abroad? • Professional benefits • Adds an international dimension to your degree • New perspective on international business • Enhances your CV • Gets you interviews • Increases your employability • Experience of studying at well respected business schools • Personal Benefits • Increases self confidence and resourcefulness • Understanding and tolerance of different cultures and people • Meet new friends from across the world • Visit new places

23. Where can I get further info? Students - Talk to exchange students here in your classes - they have come from our partner universities – find out from the students what their university and city is like- Talk to Strathclyde students who have studied abroad- attend the meetings organised by the Exchanges Team Resource Centre - Read the folders containing information on locations and universities Website - Follow the web links on our website to our exchange partners’ websites

24. Where can I get further info? Undergraduate Office Level 3 Sir William Duncan Building Advising times etc on the website Resource Centre Access folders and information on partner universities and student reports Computers in Resource Centre - Access Monday to Friday, 9am – 4pm

25. Questions?