Melbourne Business School Explained

Melbourne Business School
Motto:"Global. Business. Leaders."
Established:1955
Type:Business school
Dean:Professor Jenny George[1]
Students:800+
City:Melbourne
Country:Australia
Website:www.mbs.edu
Faculty:80+

Melbourne Business School (MBS) is the graduate business school of the University of Melbourne, Victoria, Australia.The School offers an MBA program, specialist Masters programs, a doctoral program, and executive education programs.The MBS Head Office and main campus are in the Melbourne suburb of Carlton,walking distance from Melbourne's Central Business District, in a complex designed by Daryl Jackson.

MBS has an additional office in Pitt Street, Sydney, and a program enquiries office in Kuala Lumpur, Malaysia.

History

MBS began teaching in 1955 when the University of Melbourne offered Australia's first residential executive education program in the summer of that year. Its first Master of Business Administration (MBA) degree was awarded in 1965, which was also the first MBA degree awarded in Australia.

During the 1980s, MBS was awarded the status of a National Management School by the Australian Government and the Graduate School of Management was established within the University of Melbourne.

In 1989, it was re-organized again, this time as the Graduate School of Management Ltd: a non-profit company limited by guarantee and managed by a board of directors which includes the chairs and directors of leading Australian corporations. This organization structure has helped create a major link between the university and those who have a responsibility for management. It is currently co-owned by the University of Melbourne (45%) and Australian businesses (55%).

In 2004, Melbourne Business School Limited merged with Mt Eliza Business School, which was established in 1957, becoming the largest management education business school in Australia.

In July 2009, the school announced that it was the subject of a proposed merger with the Graduate School of Management at the University of Melbourne. However, the proposal was decided not to proceed following opposition from MBS members in September 2009.

In October 2012 the school signed a collaboration deal with University of Melbourne, sharing resources but retaining the school's independence and the authority of the board.[2] [3] [4]

MBS closed and sold its Mt Eliza campus in 2016, to concentrate on expanding the Carlton campus.[5] [6] [7]

Research Centres

Centre for Business Analytics

The Centre for Business Analytics (CfBA) at Melbourne Business School was established in 2014 in response to growing global demand for analytics research and knowledge. The Centre also manages educational programs, collaborative workshops and the School's Master of Business Analytics program. The CfBA is headed by Professor Yalcin Akcay.[8]

Centre for Sustainability and Business

The Centre for Sustainability and Business at Melbourne Business School was established in 2020 to support the development of sustainability in business. the Centre brings together leaders to develop the networks and comprehensive skill-sets needed to advance the practice of sustainability in business. The CSaB is headed by Professor Glen Hoetker.[9]

Dilin Duwa Centre for Indigenous Business Leadership

The Dilin Duwa Centre is a joint centre between the University of Melbourne’s Faculty of Business and Economics and the Melbourne Business School. It runs the Murra Program and a Graduate Certificate of Indigenous Leadership. The Centre is headed by Associate Professor Michelle Evans.[10]

Ranking

Qsglobal:26
Ft:Unranked

Per the Financial Times 2024 ranking, the Melbourne MBA is currently unranked.[11] Additionally, Melbourne Business School withdrew from the Financial Times Executive MBA ranking after a staff member inappropriately encouraged students to fill out surveys rating their courses.[12]

Notable alumni

Board of directors

MBS is unique among Australian business school's because of its hybrid ownership structure. The School is owned by Melbourne Business School Ltd, a non-profit organisation that is 55 per cent owned by the business community and 45 per cent owned by the University of Melbourne. The board of directors of MBS Ltd are:[15]

References

Sources

  1. Source: Conferring of Degrees, University of Melbourne, March 2007.
  2. Melbourne Business School (2007). MBS Facts & Figures. Retrieved 22 February 2007.
  3. Financial Times. FT Global MBA Rankings.
  4. Melbourne Business School (2009). Proposed Merger. Retrieved 4 August 2009.
  5. Melbourne Business School (2009). https://web.archive.org/web/20100701165320/http://mteliza.mbs.edu/go/article/melbourne-business-school-merger-will-not-proceed. Retrieved 14 November 2009.

External links

Notes and References

  1. "Meet Professor Jenny George, the new Dean of Melbourne Business School" Melbourne Business School https://mbs.edu/news/Meet-Professor-Jenny-George-the-new-Dean-of-Melbourne-Business-School
  2. News: Melbourne Business School makes peace with university. Financial Times. 29 October 2012. Della Bradshaw.
  3. News: Trounson. Andrew. Uni, business school link to woo Asia's middle class. The Australian. 30 October 2012.
  4. News: Trounson. Andrew. Seven years on, a Melbourne Business School deal. The Australian. 30 October 2013.
  5. Lenaghan, Nick "Melbourne Business School To Sell Mt Eliza Campus" AFR Jun 29, 2016 http://www.afr.com/real-estate/melbourne-business-school-to-sell-mt-eliza-campus-20160629-gpukkd
  6. Galacho, Olga "Estate Bid Fail" Herald-Sun, 1 November 2017
  7. Larry Schlesinger, Nick Lenaghan, "Melbourne Business School Mt Eliza Campus on Market" The Australian Financial Review, 30 June 2016
  8. Web site: About Us - Centre for Business Analytics - Melbourne Business School. - Centre for Business Analytics - Melbourne Business School.
  9. Web site: Centre for Sustainability and Business. 2020-11-27. Melbourne Business School.
  10. Web site: Dilin Duwa Centre for Indigenous Business Leadership .
  11. Web site: MBA 2024 - Business school rankings from the Financial Times - FT.com . 2024-02-12 . rankings.ft.com.
  12. Web site: Cook . Henrietta . 2020-08-28 . University of Melbourne business school pulled from rankings . 2024-02-12 . The Age . en.
  13. News: Damast. Alison. B-School Startups Q&A: The King of Movember. https://web.archive.org/web/20121204181947/http://www.businessweek.com/articles/2012-11-30/b-school-startups-q-and-a-the-king-of-movember. dead. 4 December 2012. Business Week. 30 November 2012.
  14. News: Karvelas. Patricia. People in Politics: Bill Shorten. 3 April 2013. The Australian.
  15. Web site: MBS Ltd Board. www.mbs.edu. 13 September 2016. dead. https://web.archive.org/web/20130430181353/http://mbs.edu/go/about-mbs/board-of-directors. 30 April 2013.

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