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Master of Biotechnology and Business

BIBU11M

Faculty:
Faculty of Science and Engineering
Award:
Master of Biotechnology and Business (MBioBus)
Admission Requirement:
• Australian level 7 bachelor's qualification or recognised equivalent in relevant field with a substantial laboratory component
• Minimum GPA 2.7 (out of 4.0)
English Language Proficiency:
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Study Mode:
Full-time
Attendance Mode:
Internal
Candidature Length:
Full-time: 1 year - 2 years depending on RPL granted
Study Period Offerings:
Session 1 (February), Session 2 (July)
Volume of Learning:
Equivalent to 2 years
General requirements:
Minimum number of credit points 64
Minimum number of credit points at 600 level 8
Minimum number of credit points at 800 level or above 56
Completion of other specific minimum requirements as set out below

In order to graduate students must ensure that they have satisfied all of the general requirements of the award.

Specific minimum requirements:

Credit points

600 level

Required
8cp from
 
Principles of Accounting (4)
 
 
Principles of Finance (4)
 
 
Work, Organisation and Management (4)
 
 
Intermediate Macroeconomics (4)
 
8
Introduction to Marketing Management (4)
 

800 level

Required
4
Bioethics and Biotechnology (4)
 
Required
4
Protein Discovery and Analysis (4)
 
Required
4
Functional Proteomics (4)
 
Required
either
or
 
Molecular Biology and Genomics (4)
 
4
Molecular Biology and Genomics (4)
 
Required
4
Molecular and Medical Biotechnology (4)
 
Required
4
Contemporary Business Issues (4)
 
Required
20cp from
 
Information Systems in Business (4)
 
 
Business and Professional Ethics (4)
 
 
Enterprise Risk Management - Corporate Governance Perspectives (4)
 
 
Capital Budgeting and Financial Modelling (4)
 
 
Finance and Financial Reporting (4)
 
 
Investments (4)
 
 
International Investment and Risk (4)
 
 
Business and Financial Analysis (4)
 
 
Capital Markets (4)
 
 
Portfolio Management (4)
 
 
International Financial Management (4)
 
 
Investing in Emerging Markets (4)
 
 
Corporate Financial Modelling and Forecasting (4)
 
 
Behaviour in Organisations (4)
 
 
Entrepreneurship in Business (4)
 
 
Population and Workforce Planning (4)
 
 
Leadership and Management (4)
 
 
Business Project Management (4)
 
 
Strategic Management (4)
 
 
Management of People at Work (4)
 
 
Comparative Human Resource Management (4)
 
 
Business Internship (4)
 
 
International Monetary Policy (4)
 
 
International Trade (4)
 
 
Economic Development and World Economic Order (4)
 
 
Mathematical Economics (4)
 
 
Marketing Communications (4)
 
 
Applied Marketing Strategy (4)
 
 
Brand Management (4)
 
20
Consumer Behaviour (4)
 
Required
12cp from
 
Contemporary Conservation in Australia and New Zealand (4)
 
 
Biodiversity Conservation (4)
 
 
Organic and Biological Chemistry A (4)
 
 
Organic and Biological Chemistry B (4)
 
 
Chemical Analysis II (4)
 
 
Biochemistry and Cell Biology (4)
 
 
Medicinal Chemistry (4)
 
 
Analytical Measurement Uncertainty and Method Validation (4)
 
 
Laboratory Quality Systems (4)
 
 
Intercultural Communication (4)
 
 
Project and Risk Management (4)
 
 
Statistical Design (4)
 
 
Statistical Graphics (4)
 
12
Prelude to Bioinformatics (4)
 

TOTAL CREDIT POINTS REQUIRED FOR THIS PROGRAM

64
Additional Information
AQF Level Level 9 Masters by Coursework Degree
CRICOS Code 083780B
Overview and Aims of the Program This program is intended to replace the Double degree program of Master of Biotechnology / Master of Commerce.
Graduate Capabilities

The Graduate Capabilities Framework articulates the fundamentals that underpin all of Macquarie’s academic programs. It expresses these as follows:

Cognitive capabilities
(K) discipline specific knowledge and skills
(T) critical, analytical and integrative thinking
(P) problem solving and research capability
(I) creative and innovative


Interpersonal or social capabilities
(C) effective communication
(E) engaged and ethical local and global citizens
(A) socially and environmentally active and responsible

Personal capabilities
(J) capable of professional and personal judgement and initiative
(L) commitment to continuous learning

Program Learning Outcomes By the end of this program it is anticipated graduates should be able to:

1. Demonstrate that they have acquired a body of knowledge that includes:
1.1 understanding of fundamental methodologies and research principles applicable to the field of learning (K)
1.2 detailed awareness of recent developments in the discipline (K)
1.3 breadth of knowledge across related areas of learning, including, for example, business, communications, ethics and statistics (K, T)
1.4 an overview of the complexity of the biotechnology business landscape (K, T, P, J)
1.5 ability to apply an integrated business perspective to understanding the challenges of commercialising products and services (K, T, P, E, J)

2. Show that they have developed:
2.1 skills that demonstrate mastery of theoretical knowledge and critical reflection on practice in the discipline (K, T)
2.2 cognitive, technical and creative skills to investigate, analyse and synthesize complex information, problems, theories and concepts (T, P)
2.3 cognitive, technical and creative skills to generate and evaluate complex ideas and concepts at an abstract level (T, P)

3. Demonstrate the application of knowledge and skills by:
3.1 bringing creativity and initiative to problem solving in new situations (T, P)
3.2 displaying high level autonomy and accountability (E, J)
3.3 collecting, accurately recording, interpreting and drawing conclusions from scientific data (K, T, P)
3.4 planning and executing a substantial research based project (K, T, P, C)
3.5 showing understanding of safety issues and regulatory frameworks, and personally practising ethical conduct (C, E, J)

4. Demonstrate well developed communication skills that include:
4.1 technical and communication skills to articulate ideas, elaborate on theory, and show mastery of content (K, C)
4.2 communication and technical skills to justify and interpret theoretical positions, methodologies and conclusions (K, C, T)
4.3 ability to understand, interpret and critically reflect upon scientific literature (K, T, C, E, J)
4.4 understanding of how scientific results and data are translated into biological knowledge suitable for publication in scientific literature (K,C,E,J).
Learning and Teaching Methods The master of biotechnology and business degree program provides students with high level theoretical knowledge and practical laboratory experience in biotechnology, and an understanding of fundamental business principles and practices. The core science content is centred mainly around biochemistry and molecular biology, while the core business content is centred mainly around marketing, management, economics and accounting.

Practical laboratory sessions constitute a major part of the scientific learning experience. Students will learn how to conduct experiments in a real laboratory environment, and will be able to employ the theoretical knowledge they have developed. Most units use a tutorial or workshop format to help reinforce concepts that have already been delivered, and allow for greater student engagement in problem-based learning.

The majority of information is delivered by face-to-face lectures. However, there is some flexibility within this because most lectures are recorded and are hence accessible online after they have been initially delivered. This is especially useful for part-time students who may be juggling work and study schedules. Many of the business units are more tailored towards part-time students, with more evening and online offerings.

Considerable effort is made to keep teaching practices interesting and engaging for students. We are fortunate that much of the science involved is a fairly rapidly developing field, so lectures and tutorials need to be reformulated each year to take into account recent developments. In addition to this, a wide variety of teaching practices are used. As examples, students in core units in this program are asked to build models of protein structures, prepare protein extracts from interesting plant samples they have collected themselves, participate in mock trials and debates based on relevant issues, and prepare short films presenting data from recent scientific papers.

Master of biotechnology and business degree students will learn to effectively communicate concepts in biotechnology and related sciences in various forms, such as oral presentations, poster presentations, essays, practical reports, and more. The majority of these are individual tasks, while some are done in small groups. Students are required to complete ethics based unit, since there are numerous ethical issues intertwined with developments in modern biotechnology. Lastly, in several units, students are required to become very familiar with modern scientific literature, including reading, summarising and presenting scientific papers, and preparing written work formats suitable for scientific publications.

Students are required to complete at least two 600 level gateway units prior to attempting other business units. The business units offered span a broad spectrum and are designed to be specifically useful for students who want to work in the business of science in their further careers. Students have the option of choosing most of the units in one particular area, such as marketing or management, or of spreading their units across a number of different areas.
Assessment Assessment practices vary across the different units within the program, but all units have at least three different types of assessment. The majority of assessments are based on the submission of individual coursework in the form of essays, assignments, case studies and laboratory practical reports. All science units and most business units have formal examinations which form a significant part of the assessment of student achievement, and which is where a student’s ability to apply knowledge is assessed. Assessment types are diverse across units and may include written (scientific reports, essays, project proposals, case studies, business plans, critiques of papers from the current scientific literature) or oral (seminars, debates, discussions, marketing presentations) or other forms of multimedia (quizzes, poster presentation, digital media presentations, blogs, wikis). Several units incorporate continuing assessment tasks as a small part of the overall assessment; these typically take the form of submission of written questions after each week’s lecture, which are then discussed at the start of the following week’s lecture. This provides excellent reinforcement of learning of difficult concepts.

Clear standards and criteria for all coursework, what is assessed and how it is assessed, are contained in each unit guide. The program incorporates both formative and summative feedback. Formative feedback is received while working on a task; summative feedback is received once a task has been completed and submitted for assessment. Both forms of feedback are extremely important and provide students with information and guidance on their development and progress. Feedback is mostly provided in written form and occasionally in discussion with peers, tutors and academic advisors. In laboratory practical environments, formative feedback is an essential part of the learning experience, and students ‘learn from doing’ exactly how to conduct experiments which produce meaningful results.
Recognition of Prior Learning

Macquarie University may recognise prior formal, informal and non-formal learning for the purpose of granting credit towards, or admission into, a program. The recognition of these forms of learning is enabled by the University’s Recognition of Prior Learning (RPL) Policy and its associated Procedures and Guidelines. For recognition of prior informal and non-formal learning, please refer to the relevant RPL Plan, which describes the evidential requirements and approval processes for recognising prior learning for entry or credit in this program.


For undergraduate RPL plans visit www.goto.mq.edu.au/nonschoolrpl
For postgraduate RPL plans visit www.goto.mq.edu.au/pgrpl

Support for Learning

Macquarie University aspires to be an inclusive and supportive community of learners where all students are given the opportunity to meet their academic and personal goals. The University offers a comprehensive range of free and accessible student support services which include academic advice, counselling and psychological services, advocacy services and welfare advice, careers and employment, disability services and academic skills workshops amongst others. There is also a bulk billing medical service located on campus.

Further information can be found at www.students.mq.edu.au/support/

Campus Wellbeing contact details:
Phone: +61 2 9850 7497
Email: campuswellbeing@mq.edu.au
www.students.mq.edu.au/support/health_and_wellbeing/contact_us

Program Standards and Quality

The program is subject to an ongoing comprehensive process of quality review in accordance with a pre-determined schedule that complies with the Higher Education Standards Framework. The review is overseen by Macquarie University's peak academic governance body, the Academic Senate and takes into account feedback received from students, staff and external stakeholders.

Graduate Destinations and Employability Graduates of our program continue on to a diverse range of positions at institutions ranging from small biotechnology companies to large pharmaceutical concerns and universities. Recent graduates have gone on to PhD programs in Australia, the US and Europe, staff positions at local biotechnology companies and pharmaceutical production companies in India, and research positions in universities in the Asia-Pacific region.
Assessment Regulations

This program is subject to Macquarie University regulations, including but not limited to those specified in the Assessment Policy, Academic Honesty Policy, the Final Examination Policy and relevant University Rules. For all approved University policies, procedures, guidelines and schedules visit www.mq.edu.au/policy.

Accreditation This is an Australian Qualifications Framework (AQF) accredited qualification.