The Monash University Council has given the go-ahead for the creation of the Monash Business School as a part of the Faculty of Business and Economics.
The new school, which will be formally launched early next year, will encompass all of the Faculty’s activities on the four Melbourne metropolitan campuses – Berwick, Caulfield, Clayton and Peninsula.
Professor Edwina Cornish, Provost and Senior Vice-President, said it was an exciting opportunity for the Faculty, one of the largest in Australia, to build on its already considerable international reputation.
“The Faculty already holds ‘triple crown’ accreditation from AACSB International, EQUIS (European Quality Improvement System) and AMBA (Association of MBAs), placing it in the top one per cent of business schools worldwide, and the new school will enhance our status as a leading global provider of business education and research,” Professor Cornish said.
READ MORE: MONASH SECURES TRIPLE CROWN ACCREDITATION
Dean of Faculty and Head of the Monash Business School, Professor Colm Kearney (pictured) said it was a significant milestone for both the Faculty and the University.
“The establishment of the School will enable us to continue our journey of providing world-class business education and research at Monash,” Professor Kearney said.
“We recognised that the external expectations of elite business education providers had changed, and we needed to change with them.
“The transformation involves much more than a new name. This will become one of the leading business schools in the world as we develop our already outstanding research and education programs and ensure that they are globally competitive.”
Professor Kearney said the new school would facilitate strategic alliances with leading business schools with potential to build new revenue opportunities.
“The school will allow us to be more externally focused and engage more effectively with alumni, business, government and other stakeholders,” Professor Kearney said.
“We hope that all Monash staff, students and alumni will benefit.”
