Macquarie Business School

Macquarie Business School (MQBS) is a constituent body of Macquarie University, in Sydney, New South Wales, Australia.

Macquarie Business School
TypePublic
Established1969
DeanProfessor Eric Knight[1]
Academic staff
40+
Students900+
Location
Sydney
,
Australia
CampusMacquarie, Sydney CBD
AffiliationsMacquarie University
Websitewww.mq.edu.au/macquarie-business-school

MQBS is a highly ranked business school originally established as the Faculty of Business and Economics. The School is the focal point for all business, management, economics research and education at Macquarie University.[2]

It is consistently ranked among the top 100 business schools in the world and offers a prestigious Master of Business Administration (MBA) program. In 2020, CEO Magazine ranked Macquarie Business School's Global MBA as No. 6 in the world and No. 1 in Australia.[3]

History of Macquarie Business School

Macquarie Business School began life as the Centre for Management Studies (CMS) within the school of Economic and Financial Studies at North Ryde, Sydney, Australia in 1969. CMS began offering a Graduate Diploma in Business Administration in 1970 and in 1972 it offered a three-year, part-time Master of Business Administration (MBA). In early 1980, CMS developed its own identity as the Graduate School of Management (GMS); it remained within the School of Economic and Financial Studies.

In the mid-1980s the GSM Advisory board recommended GSM should have a separate identity and its own separate dedicated teaching facility. Funds were raised to build the campus from the late 1980s and during the 1990s.

GSM moved to a 40-week teaching term, four-term year in 1989–1990 and this enabled the development of a 16-unit MBA which could be completed in two years' part-time. Master of Arts programmes were developed and later replaced by Master of Management programmes. GSM went offshore and began delivering programmes in Singapore in 1992 and in Hong Kong in 1994.

Macquarie Business School Entrance.jpg

Until 1998, MGSM consisted of two institutions, the GSM and MGSM. At this time the board decided to integrate the school and the new entity became known as MGSM.

The Sydney CBD campus was opened in 2000. MGSM launched its Online Interactive Study option in Term one of 2013.

In early 2009, the Deputy Vice Chancellor Macquarie University undertook a major review process of MGSM which decided that the school should retain its autonomy.[4] A later review merged the MGSM into the Macquarie Business School from 2019.[5]

Programs

Macquarie Business School offers a diverse selection of programs catering to undergraduate and postgraduate students, along with Master of Business Administration (MBA) and executive courses and higher degree research. The school ranked number 1 in Australia for Master of Marketing: QS Business Masters Rankings 2023, ranked number 1 in Australia for Master of Applied Finance: QS Business Masters Rankings 2023 and is in the top 100 MBA's worldwide.[6]

The MBA and Executive programs at Macquarie University's Macquarie Business School provide experienced professionals with the skills and knowledge to excel as business leaders. The school offers acclaimed programs such as the Master of Business Administration, Global Master of Business Administration (GMBA), and Master of Applied Finance (MAF), as well as short courses. The MBA focuses on contemporary business skills, while the Global Master of Business Administration offers flexible online learning. The Master of Applied Finance is designed for the financial sector. The school is ranked highly in various QS Rankings and has a global alumni network.[7]

Macquarie Business School offers higher degree research (HDR) programs for students seeking to explore their areas of interest through self-directed research. The programs include the PhD, MRes, and MPhil[8]

Research

The Macquarie Business School known for its research in business, management, and economics. The school's research aims to address some of society's biggest challenges.

The school's research has been recognised for its impact by both industry and academia. Its interdisciplinary and innovative insights have helped companies, governments, and not-for-profit organisations transform their respective sectors for the public good.

The school's research focuses on health and social care,[9] sustainability,[10] data and analytics,[11] and markets.[12] The school has several research centers that impart expertise across industry sectors.[13]

Organisation

The Executive Dean of the Macquarie Business School is Professor Eric Knight. MQBS exists of six departments.

  • Department of Accounting and Corporate Governance[14]
  • Department of Actuarial Studies and Business Analytics[15]
  • Department of Applied Finance[16]
  • Department of Economics[17]
  • Department of Management[18]

Department of Marketing[19]

Accreditation

AACSB

MBA and management programs are accredited by The Association to Advance Collegiate Schools of Business. 687 schools of business,[20] or less than 5% worldwide, have this accreditation.[21]

Reputation and profile

Rankings of Macquarie Business School

Year Ranking Source[22][23] Ranking Category Ranking
2023 The Economist 'Which MBA' Australia 2
2023 The Economist 'Which MBA' Asia-Pacific 3
2023 QS World University Rankings Master of Applied Finance Australia 1
2023 QS World University Rankings Master of Applied Finance Globally 36
2023 QS World University Rankings Master of Marketing Australia 1
2023 QS World University Rankings Master of Marketing Globally 25
2023 QS World University Rankings Master of Management Australia 2
2023 QS World University Rankings Master of Business Analytics Australia 2
2023 QS World University Rankings Master of Business Administration Australia 3
2023 QS World University Rankings Global Master of Business Administration Australia 3

Alumni

There are more than 16,500 members of the Alumni Community, situated in over 135 countries around the world.[24] Notable alumni include

References
  1. "Executive Dean: Professor Eric Knight". Macquarie University. Retrieved 21 April 2023.
  2. "About". Macquarie University. Retrieved 19 May 2023.
  3. "About". Macquarie University. Retrieved 19 May 2023.
  4. "Macquarie Graduate School of Management stays autonomous". theaustralian.com.au. 20 May 2009. Retrieved 29 August 2013.
  5. Dodd, Tim (22 November 2017). "Macquarie merger angers MBA alumni". The Australian. News Limited. Retrieved 21 April 2023.
  6. "Study business". Macquarie University. Retrieved 26 May 2023.
  7. "MBA and Executive". Macquarie University. Retrieved 26 May 2023.
  8. "Higher degree research (HDR)". Macquarie University. Retrieved 26 May 2023.
  9. "Health and social care". Macquarie University. Retrieved 19 May 2023.
  10. "Sustainability". Macquarie University. Retrieved 19 May 2023.
  11. "Data and analytics". Macquarie University. Retrieved 19 May 2023.
  12. "Markets". Macquarie University. Retrieved 19 May 2023.
  13. "Our research". Macquarie University. Retrieved 19 May 2023.
  14. "Department of Accounting and Corporate Governance". Macquarie University. Retrieved 2 August 2023.
  15. "Department of Actuarial Studies and Business Analytics". Macquarie University. Retrieved 2 August 2023.
  16. "Department of Applied Finance". Macquarie University. Retrieved 2 August 2023.
  17. "Department of Economics". Macquarie University. Retrieved 2 August 2023.
  18. "Department of Management". Macquarie University. Retrieved 2 August 2023.
  19. "Department of Marketing". Macquarie University. Retrieved 2 August 2023.
  20. "Accredited Institutions". AACSB International. Archived from the original on 10 September 2012. Retrieved 16 November 2013.
  21. "AACSB Accredited". AACSB International. Retrieved 2 December 2013.
  22. "Which MBA?". The Economist. 30 October 2009. Retrieved 16 November 2013.
  23. "Boss 2013 MBA Rankings". The Australian Financial Review. Retrieved 16 November 2013.
  24. "MGSM Alumni Community". MGSM Alumni. Archived from the original on 2 December 2013. Retrieved 2 December 2013.

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