Australia universities have been compelled both by cuts in government funding and by market forces to be more responsive to the needs of the students as well as the demands of different stakeholders - government, industry, professional bodies, and community. These institutions have had to review and revamp their products and services to meet these needs. Work-integrated learning is becoming an increasingly popular strategy for Australian universities to respond to these needs. This paper identified the benefits of work-integrated learning embedded courses and programs for students, industry, university, community, and government. In addition, it also highlighted the challenges of implementing such courses and programmes in both onshore and offshore campuses, and at overseas institutions, particularly those within the business discipline area.