University of Sydney Business School

The University of Sydney Business School is the business school and a constituent body of the University of Sydney. It was established in January 2011 and formed from the School of Business within the previous Faculty of Economics and Business. The former combined faculty itself descended from the original Faculty of Economics founded in 1920, which was the first faculty of its kind in Australia.

The University of Sydney Business School
TypeBusiness school
Established2011
DeanProfessor Gregory Whitwell
Academic staff
400 (2019)
Students12,423 (2019)
Location
Sydney
,
New South Wales
,
Australia

33.89197°S 151.19131°E / -33.89197; 151.19131
CampusCamperdown & Darlington
AffiliationsUniversity of Sydney
Websitesydney.edu.au/business

The School is the first in Australia to receive accreditation by the Association to Advance Collegiate Schools of Business (AACSB)[1] and the European Quality Improvement System (EQUIS) from the European Foundation for Management Development.[2] The School was awarded AMBA accreditation in December 2019 and thus joined the prestigious global club of Triple Accredited business schools. It is also the only Australian business school to become an associate member of the Global Alliance in Management Education (CEMS).[3]

History

Established in 1920, the Faculty of Economics initially offered the Bachelor of Economics degree which commenced in 1914. The postgraduate Master of Economics degree commenced in 1925. In 1985, the faculty introduced its second undergraduate and postgraduate degree programs, the Bachelor of Economic and Social Sciences and the Master of Economic and Social Sciences, respectively. In 1993 its third undergraduate degree program, the Bachelor of Commerce, was introduced. The Master of International Studies followed in 1994, the Master of Commerce in 1995 and the Master of International Business in 1999.

In 2005 the Business School ended its association with the jointly run Australian Graduate School of Management with The University of New South Wales. From 2006 to 2007, the University conducted a review of its social sciences faculties. As a result of that review, it was determined that parts of the School of Economics within the Faculty of Economics and Business were to be transferred to the Faculty of Arts (as it then was). In January 2008, the disciplines of Government & International Relations and Political Economy were transferred to the Faculty of Arts.

In January 2011, the Discipline of Economics, the Centre for International Security Studies and the Graduate School of Government were also transferred to the Faculty of Arts, which was renamed the Faculty of Arts and Social Sciences. Concurrently, the remaining disciplines of the Faculty of Economics and Business formed the University of Sydney Business School.

On 30 July 2009, the Business School announced the launch of the Global Executive MBA program, which was commenced in February 2010. On 30 July 2012, the Business School announced the introduction of the Sydney Master of Business Administration (MBA) program,[4] with the program starting February 2013. Particular emphasis has been put into making positioning it as an internationally recognised degree.[5]

In 2013, the purpose-fitted CBD campus, providing a central location for participants in the part-time MBA program, was opened. In 2016, the Abercrombie Building was opened by The Hon. Gladys Berejiklian MP, Treasurer of NSW and Minister for Industrial Relations, and Deputy Liberal Leader.[6] In 2017, the Business School launched a new full-time MBA program for 2018 entry.[7]

Organisation

The Dean of the Sydney Business School is Professor Gregory Whitwell.[8]

Disciplines within the school include:

In addition to these, the school also offers postgraduate programs and research through its Centre for International Security Studies, Institute of Transport and Logistics Studies, Workplace Research Centre and Graduate School of Government.[9]

Rankings

In 2017 and 2019, the Business School’s MBA program has been ranked first in Australia by the biennial Australian Financial Review BOSS Magazine MBA Rankings .[10] In the same rankings, the Executive MBA program has been ranked first in Australia in 2013, 2015 and 2019. [11] In 2018, the QS World University Rankings ranked the University of Sydney in the top 20 in the world in accounting and finance and top 40 in business and management studies. The University of Sydney has been ranked 1st in Australia and 4th in the world for graduate employability in the 2017, 2018 and 2020 QS Graduate Employability Rankings. [12]

In 2017, The Economist and the Financial Times ranked the Business School first in Australia for Master of Management. The program was ranked 25th in the world and 2nd in the Asia-Pacific region, and first in the world for career progress of the program’s graduate, by the Financial Times.[13] The Economist also ranked the program 3rd in the Asia-Pacific region, and 35th in the world.[14] The CEMS Master’s in International Management program, the only Australian CEMS member, was ranked 9th in the world in 2017 by the Financial Times.

Professional accreditation

Studies in accounting are recognised by CPA Australia and the Chartered Accountants Australia and New Zealand (CAANZ).

Majors in Industrial Relations and Human Resource Management are accredited by the Australian Human Resource Institute (AHRI).

An extended major in Business Information Systems are accredited by the Australian Computer Society(ACS).[15]

The Master of Marketing program is accredited by the Australian Marketing Institute (AMI).

Bachelor of Commerce (Finance major) is recognised as a program partner with CFA Institute.

Faculty journals

Alumni
Main article: List of University of Sydney people

There are over 68,000 Business School alumni worldwide.[16]

Alumni of the Sydney Business School or its predecessor faculties include:

  • Glenn Stevens, BEc (Hons) 1979, economist and Governor of the Reserve Bank of Australia (2006—2016)
  • Tony Abbott, BEc 1979 (Syd), LLB 1981 (Syd), MA 1982 (Oxford), Australian Liberal politician and former Prime Minister of Australia
  • Anthony Albanese, BEc 1984, Australian Labor politician and former Deputy Prime Minister of Australia
  • Chris Bowen, BEc, Australian Labor politician and former Treasurer of Australia (2013)
  • Roger Davis, BEc, Chairman of Bank of Queensland
  • Nick Greiner, BEc (Hons), Australian Liberal politician and former premier of New South Wales (1988–1992)
  • Morris Iemma, BEc, Australian Labor politician and former premier of New South Wales (2005–2008)
  • Justice Michael Kirby, BEc, Justice of the High Court of Australia (1996–2009)
  • Mark Latham, BEc, former Australian Labor politician, leader of the Australian Labor Party and opposition leader of Australia (2003–2005)

References
  1. Association to Advance Collegiate Schools of Business - Schools Accredited in Business Archived 2007-02-22 at the Wayback Machine, retrieved on 2008-01-15.
  2. European Quality Improvement System Accredited Members Archived 2008-01-27 at the Wayback Machine, retrieved on 2008-01-15.
  3. - Global Alliance in Management Education, retrieved on 2011-08-10.
  4. http://www.afr.com/p/national/education/sydney_mba_seven_year_hitch_ends_UOD4HBh6ljCb9h1aW0iRUO
  5. http://www.afr.com/p/national/education/university_of_sydney_makes_new_mba_GZe2AXeSKyOXCT7m4UyAsO
  6. Ready, Ben (July 20, 2016). "Take A Peek Inside University Of Sydney's New $250 Million Business School". MBA News Australia.
  7. "The traditional MBA is dead, declares University of Sydney". The University of Sydney.
  8. "Dean's Welcome". sydney.edu.au. Retrieved 2017-01-19.
  9. University of Sydney Business School - Organisation, retrieved on 2008-01-15.
  10. "Topic | BOSS MBA Rankings". Australian Financial Review.
  11. "MBA rankings 2017: The best Executive MBA courses in Australia". Australian Financial Review. September 7, 2017.
  12. https://www.topuniversities.com/university-rankings/employability-rankings/20120
  13. Ortmans, Laurent (September 10, 2017). "FT Masters in Management Rankings 2017". www.ft.com.
  14. "Masters in Management 2017 Ranking" – via The Economist.
  15. Quality Assurance and Professional Accreditation - Faculty of Economics and Business, retrieved on 2008-01-15.
  16. "The University of Sydney Business School". University of Sydney. Retrieved 11 July 2019.
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