• Source: Macquarie Business School

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




History


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 1980, Macquarie University's Applied Finance Centre (MAFC) was established and only a few years later, CMS developed its own identity as the Macquarie Graduate School of Management (MGSM); 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 programs were developed and later replaced by Master of Management programs. GSM went offshore and began delivering programs in Singapore in 1992 and in Hong Kong in 1994.In 1998, the board decided to integrate the school and merge GSM and MGSM under the MGSM name.
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. A later review - under then Executive Dean Professor, Eric Knight - merged MGSM, MAFC and the Faculty of Business and Economics into the Macquarie Business School in 2019.




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.
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 and the 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.
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




Organisation


MQBS exists of six departments.

Department of Accounting and Corporate Governance
Department of Actuarial Studies and Business Analytics
Department of Applied Finance
Department of Economics
Department of Management
Department of Marketing




Partnerships


In 2023, the Business School launched its Industry Partnership Program (IPP), a dynamic solution where visionary employers meet with the brightest of minds.
Connecting industry with undergraduate, postgraduate and higher degree research students, IPP goes beyond the expectations of a general internship or scholarship program. It is an opportunity to work with you to sculpt the future leaders who will drive innovation, disruption and success.
Some of our partners include ACS, Billigence, EY, PwC, Suncorp, UniSuper, Macquarie Group, Grant Thornton, among others.
Outside of the program, MQBS has also partnered with:

Academy of the Social Sciences in Australia (ASSA)
Accounting and Finance Association of Australia and New Zealand (AFAANZ)
Australian Museum
Aware Super Pty Ltd
Asian Development Bank
Australia Council for the Arts
Australian Securities and Investments Commission
City of Sydney NSW
Cochlear Limited
Commonwealth Bank of Australia
Copyright Agency Limited
CSIRO
Deloitte Australia Pty Limited
Department of Health (Commonwealth)
Digital Finance CRC
e61 Institute
Ecstra Foundation Ltd
Institute for Couples in Business
Johnson & Johnson Medical Pty Ltd
Library Council of NSW
Macquarie University Cyber Security Hub
Momento Hospitality
NSW Department of Planning, Industry and Environment
Optus Networks Pty Ltd
QIMR Berghofer
Sail Exchange
Toyota Finance Australia Limited
UNESCO




Research


The Macquarie Business School is a globally significant centre for research in business, management, and economics, conducting world-leading research to solve society’s biggest challenges.




= Research with impact

=
The school's research has been recognised for its impact by both industry as well as other world-leading academics. Its interdisciplinary and innovative insights have helped companies, governments, and not-for-profit organisations transform their respective sectors for the public good.
The schools research focuses on health and social care, sustainability, data and analytics, and markets. The school has several research centers that impart expertise across industry sectors.
As a leading research institution, the school's priority is to engage, exchange knowledge and produce applied and impactful research. With our first-class researchers, MQBS has produced students executing impactful research and developing strong intellectual capability.




= Facilities

=
With ground-breaking facilities such as the Finance Decision Lab, an immersive experience that combines world-class financial and business analytics with real market data to demonstrate the impact of finance decisions and the Vernon L. Smith Experimental Economics Laboratory, the home of cutting-edge experimental research and teaching in economics and social science, the Macquarie Business School has been at the forefront of cross-disciplinary research.




Professional Accreditation


MBA and business programs are accredited by The Association to Advance Collegiate Schools of Business (AACSB). The longest-serving global accrediting body, only 687 schools of business, or less than 5% worldwide, have this accreditation.




= Accounting and Corporate Governance

=
Chartered Accountants Australia New Zealand (CA ANZ)
CPA Australia
Association of Chartered Certified Accountants (ACCA)
Institute of Management Accountants (ima)
Chartered Institute of Management Accountants® (CIMA)
Institute of Public Accountants (IPA)
Institute of Certified Forensic Consultants® (ICFA)




= Actuarial Studies and Business Analytics

=
Actuaries Institute
Australian Computer Society (ACS)
Society of Actuaries
Institute of Faculty of Actuaries




= Applied Finance

=
CFA Institute




= Management

=
Australian HR Institute (AHRI)




= Marketing

=
Australian Marketing Institute (AMI)




Rankings


Rankings of Macquarie Business School




Alumni


Main article: List of Macquarie university people
There are more than 16,500 members of the Alumni Community, situated in over 135 countries around the world. Notable alumni include:

Andrew Scipione, NSW Police Commissioner
Melanie Silva, managing director and VP, Google Australia & New Zealand
Rob Scott, chief executive officer at Wesfarmers
Preeti Bajaj, CEO & managing director at Luminous Power Technologies (P) Ltd
Steve Worrall, managing director at Microsoft Australia and New Zealand
Sue Horlin, Managing Partner, Sydney at PwC Australia
Adam Driussi, Co-Founder and CEO, Quantium




References

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