Sydney Opera House

IBUS 6404: Graduate Global Enrichment in Australia

Navigating Ambiguity in Global Business: VUCA Down Under

Program Dates:


Accepting Applications - Priority deadline: October 16

Pre-departure classes: Spring B term, Monday nights

Program Travel: May 19 - June 1, 2024

Sydney Opera House
Sydney Opera House

Program Details

    Global business today is just different than it ever has been. First used in the late 1980s, the term VUCA (volatility, uncertainty, complexity, and ambiguity) applies to the business landscape now more than ever. In this course we will dive headfirst into that ambiguity and try to work through some of the most complex questions facing businesses today. This is not a course where you will find the answers to these questions – there may not be concrete answers to some of these questions. Instead, it will be an active learning environment where we talk with and listen to organizational leaders to learn more about the complex issues they face, how our own ethical views play into these questions, and think through how we can adapt and adjust our strategies to fit with what we learn and how our organizations want to grow.

    Australia, or 'Aussie' as it is fondly called, is one of the most sought-after destinations in the world. With its 3 million square miles expanse, it is home to brilliant beaches, the Alps, islands, iconic cultural and natural sights, diverse and indigenous species of animals, as well as  the Great barrier reef (the largest ecosystem in the world!). This program will be visiting two cities in Australia - Brisbane and Sydney.

    Prepare to be dazzled by Brisbane, the third largest city in Australia and a major business hub with an innovation-led economy as well as one of the highest GDPs in the Asia-Pacific. Brisbane is sunny, multicultural, linguistically diverse and it has an enviable outdoor lifestyle. Sydney carries the appealing charisma of the business, economic and country capital of a country; it is the most famous and populous city in Australia and boasts of a robust finance, fintech, and professional services sectors. For fun and relaxation, Sydney offers its idyllic beaches, parks, cultural sites, opera, outdoor exhibitions and the world's third largest fish market for a chance to build unforgettable memories!

    Students stay in conveniently-located hotels in each city and will share a room with one or two classmates of their same gender. Because networking and community-building are key parts of the program, students will not have the option of a single room. Guests are not permitted during the program. Breakfast daily, a welcome lunch, and closing dinner are provided.

    • 4 graduate credits 
    • Grading is A-F basis

    This program is open to up to 30 Carlson School graduate students in good academic standing with a minimum GPA of 3.0 at the time of application. The application process can be competitive, and space is limited. Meeting the minimum requirements does not guarantee acceptance.

    U.S. citizens will need a valid passport to travel to Australia. If you already have a passport, you need to check the expiration date and confirm that it is more than seven months after the program ends. If you do not have a passport, or your passport needs to be renewed, you will need to apply for one immediately upon confirmation.

    A visa is a document that proves that travel into a particular country has been approved by their governing body. U.S. citizens are required to have a valid Electronic Travel Authority (ETA) visa in order to enter Australia. Non-U.S. passport holders should check with the Australian consulates regarding visa requirements and fees. If you carry a passport other than a U.S. passport and are required to carry a visa into Australia, you will be responsible for securing your visa; you will work closely with the Program Manager to make sure you have any University-specific documentation that you need.

    To submit your application, please visit the Apply page. Students will be charged a $50 application fee.

    The application cycle starts on September 1 and the priority deadline is October 16.  

    Applications for programs that do not fill by the priority deadline will be accepted on a rolling basis until full. Priority deadline applications will be reviewed and students will be informed of their status no later than November 17.

    Most financial aid may be applied to study abroad. University of Minnesota students are eligible for education abroad scholarships. Please see Financial Aid and Fellowships webpages for more information including deadlines.

Cost Estimate (Summary)

Fees are based on estimates and may change due to international economic factors. This information applies to 2023-2024 programs.

*Calculated based on the 2023-2024 PTMBA tuition rate. Students enrolled in another degree program will be charged the tuition rate for four credits associated with their degree program. Please see One Stop for more information about tuition and fees or contact us with questions.

Estimated tuition for Four PTMBA Academic Credits (not including collegiate, graduate student assembly, or transportation fees)* $6,640
Program Fee (including lodging, program events, course materials, breakfast daily, two group meals, and int'l health insurance*) $3,200
International airfare between Minnesota and Australia $2,300
Passport, Visa & Photos (based on prices for U.S. citizens) $165
Daily Living Expenses (local transportation, incidentals, laundry, etc) $200
Meals (lunch and dinners not included in Program Fee) $800
Total $13,305


Academic term(s)
May 2-week travel (with Spring on campus course)
Degree level
Carlson Global Institute (CGI)
Program Model