Melbourne Business School
Encyclopedia
Melbourne Business School (MBS) is a business school
located in Melbourne
, Australia
that has been ranked in the Financial Times
Top 100 Global MBAs since 2005 and The Economist Top 20 in the World. MBS was placed as the second best business school in the Asia-Pacific in the 2010 QS Global 200 Business Schools Report
. Since 2008 it has been ranked #1 for Executive Education in the Asia-Pacific
region. It has recently ranked all-time high of 17 in the World in the latest 2010 The Economist MBA ranking although at the same time slipping from 52 to 63 in the 2010 Financial Times Rankings. It also ranked at Number 2 for most preferred school by recruiters in the Asia-Pacific, in a survey done by QS Top MBA.
MBS has four campuses:
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 also been established in 1954, 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 member in September 2009.
Executive Development Programs
The Asia-Pacific Centre for Leadership for Social Impact expands Melbourne Business School’s reach into corporate social responsibility, community investment, and the not-for-profit sector. It provides opportunities for scholars, teachers, and practitioners to collaborate in developing insights into leadership theory and practice. It uses these insights to design innovative leadership development.
The Centre for Business and Public Policy
The Centre for Business and Public Policy's primary objective is to improve the quality of public policy making in Australia. It serves a resource for business leaders, policy makers, and academics to discuss and analyse public policy issues as they affect business. It does this through seminars, conferences, publications, research, and media interviews.
Centre for Ideas and the Economy
The Centre for Ideas and the Economy is dedicated towards generating, evaluating, and disseminating new ideas. Its aim is to improve the quality of ideas employed in business and public policy. Its mission is to generate new products and services that will allow a broad constituency to apply the knowledge that exists in management and social science.
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...
located in Melbourne
Melbourne
Melbourne is the capital and most populous city in the state of Victoria, and the second most populous city in Australia. The Melbourne City Centre is the hub of the greater metropolitan area and the Census statistical division—of which "Melbourne" is the common name. As of June 2009, the greater...
, Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
that has been ranked in the Financial Times
Financial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....
Top 100 Global MBAs since 2005 and The Economist Top 20 in the World. MBS was placed as the second best business school in the Asia-Pacific in the 2010 QS Global 200 Business Schools Report
QS Global 200 Business Schools Report
The QS Global 200 Business Schools Report identifies the most popular business schools in each region of the world. It aims to serve employers seeking MBAs at a regional level. It originated in the early 1990s under the partnership Quacquarelli Symonds. The TopMBA Career Guide was made in 1990, and...
. Since 2008 it has been ranked #1 for Executive Education in the Asia-Pacific
Asia-Pacific
Asia-Pacific or Asia Pacific is the part of the world in or near the Western Pacific Ocean...
region. It has recently ranked all-time high of 17 in the World in the latest 2010 The Economist MBA ranking although at the same time slipping from 52 to 63 in the 2010 Financial Times Rankings. It also ranked at Number 2 for most preferred school by recruiters in the Asia-Pacific, in a survey done by QS Top MBA.
MBS has four campuses:
- Its Head Office is situated in MelbourneMelbourneMelbourne is the capital and most populous city in the state of Victoria, and the second most populous city in Australia. The Melbourne City Centre is the hub of the greater metropolitan area and the Census statistical division—of which "Melbourne" is the common name. As of June 2009, the greater...
, in the suburb of CarltonCarlton, VictoriaCarlton is an inner city suburb of Melbourne, Victoria, Australia, 2 km north from Melbourne's central business district. Its Local Government Area is the City of Melbourne...
, and is walking distance from Melbourne's Central Business DistrictMelbourne city centreMelbourne City Centre is an area of Melbourne in Victoria, Australia. It is not to be confused with the larger local government area of the City of Melbourne...
. It is housed in a complex designed by Daryl JacksonDaryl JacksonDaryl Sanders Jackson AO is an Australian architect, and the owner of an international architecture firm, Jackson Architecture...
. - The School’s Mt Eliza Executive Education is located in a heritage property at Mt. ElizaMount Eliza, VictoriaMount Eliza is an outer suburb south-east of Melbourne, Victoria, Australia. It is in the Local Government Area of the Shire of Mornington Peninsula...
on the Mornington PeninsulaMornington PeninsulaThe Mornington Peninsula is a peninsula located south-east of Melbourne in Victoria, Australia. It is surrounded by Port Phillip to the west, Western Port to the east and Bass Strait to the south, and is connected to the mainland in the north. Geographically, the peninsula begins its protrusion...
. - It has an office and corporate conference facilities at Jones Bay Wharf in SydneySydneySydney is the most populous city in Australia and the state capital of New South Wales. Sydney is located on Australia's south-east coast of the Tasman Sea. As of June 2010, the greater metropolitan area had an approximate population of 4.6 million people...
. - It has an office and teaching facilities in BeijingBeijingBeijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...
.
History
Melbourne Business School (MBS) began in 1954 when the University of MelbourneUniversity of Melbourne
The University of Melbourne is a public university located in Melbourne, Victoria. Founded in 1853, it is the second oldest university in Australia and the oldest in Victoria...
offered Australia’s first residential executive education program in the summer of that year. Its first Master of Business Administration
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
(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 also been established in 1954, 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
University of Melbourne
The University of Melbourne is a public university located in Melbourne, Victoria. Founded in 1853, it is the second oldest university in Australia and the oldest in Victoria...
. However, the proposal was decided not to proceed following opposition from MBS member in September 2009.
Programs
Melbourne Business School offers a range of postgraduate management education and executive development programs:- MBA
- MBA/JD
- MBA/Master of Marketing
- Executive MBA
- Master of Marketing
- Master of Management Innovation
- Innovation Programs (Certificate and Diploma Available
- Postgraduate Diploma in Management
- Postgraduate Diploma in Management (Marketing)
- PhD and Research Programs
Executive Development Programs
Centres of Excellence
The Asia Pacific Centre for Leadership for Social ImpactThe Asia-Pacific Centre for Leadership for Social Impact expands Melbourne Business School’s reach into corporate social responsibility, community investment, and the not-for-profit sector. It provides opportunities for scholars, teachers, and practitioners to collaborate in developing insights into leadership theory and practice. It uses these insights to design innovative leadership development.
The Centre for Business and Public Policy
The Centre for Business and Public Policy's primary objective is to improve the quality of public policy making in Australia. It serves a resource for business leaders, policy makers, and academics to discuss and analyse public policy issues as they affect business. It does this through seminars, conferences, publications, research, and media interviews.
Centre for Ideas and the Economy
The Centre for Ideas and the Economy is dedicated towards generating, evaluating, and disseminating new ideas. Its aim is to improve the quality of ideas employed in business and public policy. Its mission is to generate new products and services that will allow a broad constituency to apply the knowledge that exists in management and social science.
Notable alumni
- Katie Lahey, CEO, Business Council of Australia, EMBA 1988
- Scott Crawley, Director, Worldwide Procurement, Del Inc, MBA 1992
- Margaret Jackson, MBA 1982
- Paul Coughlin, Executive MD, Corporate and Government Ratings, Standard & Poor's, MBA 1985
- Vu Tien Vy, Director, Banking Products, UBS Wealth Management, MBA 1999
- Varina Nissen, Senior VP Global Marketing & Communications, Manpower Inc, MBA 1996
- Mark Laurie, Partner, PriceWaterhouseCoopers, EMBA 2005
- Brent Chapman, founder of MajordomoMajordomo (software)Majordomo is a mailing list manager developed by Brent Chapman of Great Circle Associates. It is written in Perl and works in conjunction with sendmail on UNIX and related operating systems...
, MBA 2003 - Ahmed FahourAhmed FahourAhmed Fahour is a business executive currently serving as the Managing Director and CEO of Australia Post and was formerly the Chief Executive Officer of the Australian operations of the National Australia Bank .- Early life and career :...
, CEO of National Australia BankNational Australia BankNational Australia Bank is one of the four largest financial institutions in Australia in terms of market capitalisation and customers. NAB is ranked 17th largest bank in the world measured by market capitalisation...
, MBA 1993 - Bill ShortenBill ShortenWilliam Richard "Bill" Shorten is an Australian politician, the Member for Maribyrnong in the Australian Parliament, Assistant Treasurer and Minister for Superannuation and Financial Services. He was the Parliamentary Secretary for Disability and Children's Services in the Rudd/Gillard Government...
, senior union official, MBA 2001 - John ElliottJohn Elliott (businessman)John Dorman Elliott is a former president of the Liberal Party, and former president of Carlton Football Club. In 2003 he was found guilty of trading while insolvent and in 2005 declared bankrupt...
, Former CEO of Elders IXL and Carlton & United Breweries (now Carlton & United BeveragesCarlton & United BeveragesCarlton & United Breweries is an Australian brewing company based in Abbotsford, a suburb of Melbourne, Victoria. In 1983 it became a wholly owned subsidiary of Elders IXL and CUB was delisted. In 1990, Elders IXL renamed to the Foster's Group, and in July 2004, CUB changed its name to Carlton and...
) - Paul Rizzo, Group Managing Director of TelstraTelstraTelstra Corporation Limited is an Australian telecommunications and media company, building and operating telecommunications networks and marketing voice, mobile, internet access and pay television products and services....
, MBA 1969 - Ross OakleyRoss OakleyRoss Oakley is an Australian businessman and former Australian rules footballer with St Kilda in the VFL. He is CEO of the Victorian Rugby Union and was appointed CEO of the new the Melbourne Rebels rugby union franchise in September 2010.-Playing career:Oakley attended Wesley College, Melbourne ...
, Former CEO of the AFLAustralian Football LeagueThe Australian Football League is both the governing body and the major professional competition in the sport of Australian rules football...
Miscellaneous
- MBS offers a global experience with students from over 21 countries and exchange programs with over 45 other business schools in Asia, Europe, and the US.
- In 2007, MBS changed its taglineTaglineA tagline is a variant of a branding slogan typically used in marketing materials and advertising. The idea behind the concept is to create a memorable phrase that will sum up the tone and premise of a brand or product , or to reinforce the audience's memory of a product...
to GLOBAL. BUSINESS. LEADERS. - MBS has received formal international recognition of its programs with full EQUIS accreditation.
- The School's Case Study Services catalogue currently has over 400 Australian case studies.
- The School has been ranked in the Top 100 Global MBAs and as the top business in school in Australia by the Financial TimesFinancial TimesThe Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....
since 2005. - Since 2008, MBS Mt Eliza has been ranked #1 in Executive Education in the Asia-Pacific region by the Financial TimesFinancial TimesThe Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....
.