2024 Impact Report

This report highlights the achievements of the Melbourne Business School and our community throughout 2024.



A message from the Chair and Dean

We focus on developing innovative ideas, good leadership and sustainable value for all.

2024 at a Glance

Graduate Degrees

Graduate numbers for the class of 2024

Melbourne Business School 2024 At a Glance Infographic

Executive Education

Custom Designed

70

active client organisations

323

programs delivered

8,072

learners

Short Courses

58

program iterations delivered

1,042

participants

3

new programs launched

4.81

average program rating

Research

19

papers published

$1.3M

in grant funding

52

faculty members

Rankings

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#1 University in Australia

The University of Melbourne
Times Higher Education, 2025

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#1 MBA in Australia

Melbourne Business School
QS Global MBA Rankings, 2025

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#1 Executive MBA in Australia

Melbourne Business School
Financial Times, 2024

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#1 Master of Business Analytics in Australia

Melbourne Business School
QS Business Master's Rankings, 2025

Download the Impact Report 

Explore how we empowered purpose-driven leaders, launched innovative programs and strengthened our global reputation in 2024.

2024 Impact Stories

We unleash ideas and leaders for a sustainable future. Here is a a glimpse of how we achieved our purpose in 2024.

Meet the team behind our new Social Purpose Centre

Meet the team behind our new Social Purpose Centre

Melbourne Business School's new Social Purpose Centre is helping organisations across all sectors deliver sustained and meaningful social impact.

How this young female entrepreneur is scaling up her charity

How this young female entrepreneur is scaling up her charity

Georgia Verry is a black belt, just like her mother. Now she’s using her strength to combat the fallout of gender-based violence with her charity, Conscious Combat Club.

New partnership with BHP to support Indigenous business

New partnership with BHP to support Indigenous business

Australia's largest company BHP is investing $20 million to support Indigenous business education and research at Melbourne Business School.

Celebrating a decade of our Master of Business Analytics

Celebrating a decade of our Master of Business Analytics

As our world-famous analytics degree turns 10, we asked alumni to share how the program transformed their career – and their life.

Leveraging data for smarter decision-making at Bupa

Leveraging data for smarter decision-making at Bupa

A recent collaboration with Melbourne Business School is enabling Bupa to extract greater value from the vast amounts of data at their disposal.

How NAB is helping Australian farmers tackle climate change

How NAB is helping Australian farmers tackle climate change

A partnership with Melbourne Business School is giving NAB bankers the knowledge they need to help customers prepare for a more sustainable future.

Women in Leadership Dinner

Women in Leadership Dinner

Shifting the needle on gender equity is possible – and it’s worth fighting for.

Strengthening Alumni Ties at Home and Abroad

Strengthening Alumni Ties at Home and Abroad

Our global alumni was a top priority in 2024 as we focused on strengthening our connections with them in Australia and around the world.

The best way to repair conflict at work, based on research

The best way to repair conflict at work, based on research

A review of more than 100 research papers has revealed five steps for rebuilding a work relationship after disruption, conflict or threat.

From the Chair

Ken MacKenzie, Chair

Ken MacKenzie, Chair

I’m excited to join the board of Melbourne Business School and help shape the future of Australia’s top business school.

After over five years working with MBS on The New CEO Program for new CEOs of ASX 150 companies, I felt it was time to get more involved.

I’ve always been passionate about leadership and creating lasting value for all stakeholders, which aligns perfectly with MBS’ mission to develop innovative ideas and leaders for a sustainable future.

MBS has a rich history, founded over 60 years ago by visionary corporate leaders and the University of Melbourne, and it became incorporated in 1987 with the support of 40 corporate and philanthropic organisations. Those founders recognized the importance of credible management training for business growth and a strong Australian economy.

This need is just as important today, and the MBS board is dedicated to fulfilling the purpose set by our donor members. As leaders navigate a complex world, MBS plays a crucial role in ensuring our programs meet the evolving needs of both new and experienced executives.

I’m eager to strengthen the School’s relationships with leading companies across Australia. By leveraging MBS’ research strengths, innovative educational offerings, and extensive networks, we can collaborate with boards and management teams to create strategies for long-term success.

"I’ve always been passionate about leadership and creating lasting value for all stakeholders, which aligns perfectly with MBS’ mission to develop innovative ideas and leaders for a sustainable future"
-Ken MacKenzie, Chair

From the Dean

Jenny George, Dean, Melbourne Business School Co-Dean, <em>Faculty of Business and Economics</em>

Jenny George, Dean, Melbourne Business School Co-Dean, Faculty of Business and Economics

It is not often you are given the opportunity to lead an organisation which can not only shape the lives and careers of individuals but also make an indelible mark on the corporate landscape by helping businesses address global challenges. And yet, I am fortunate enough to have had the opportunity twice, first as Interim Dean of Melbourne Business School in 2009, and now as Dean of the School and Co-Dean of the Faculty of Business and Economics.

One of the greatest joys of this position, is that you are leading an institution which is truly able to make an impact and shift the dial on some of the most pressing challenges facing our business leaders today.

The strength of our organisation, and our influence, is down to our connected community.

There is no other place in Australia where so many organisational leaders, so consistently, come together around shared challenges.

Our strong community in recent years can of course be attributed to the work of my predecessor, Professor Ian Harper. Anyone who has the had the pleasure of being in his presence understands Ian’s ability to unite and inspire. In his five years as Dean, Professor Harper transformed the School, strengthening its relationships with business, the wider community and the University of Melbourne.

"Our purpose is focused on creating leaders who are skilled, competent and driven by moral purpose to deliver long-term value"
-Jenny George, Dean, Melbourne Business School Co-Dean, Faculty of Business and Economics

Taking over the reins from Ian was a daunting task, but I hope that I continue his legacy of continuous change and improvement.

The world and the corporate landscape has changed significantly since I last led the School. Climate change, AI, diversity and corporate reputation loom large as challenges our leaders are facing.

And yet our School is proving time and time again, how agile and adept we are at facing these issues head on.

This is because we believe leaders matter: that they have the strongest influence on the culture, direction and success of an organisation. That is why our purpose is focused on creating leaders who are skilled, competent and driven by moral purpose to deliver long-term value.

2024 was an incredible year for the School. We were proud to again be ranked the number 1 MBA in Australia according to the QS Global MBA Rankings. We were also number 1 for our Master of Business Analytics and ranked first for research in the BOSS AFR Best Business Schools.

Our Executive Education offering also continued to go from strength to strength, with three new short courses launched and over 8,000 people trained through our custom corporate solutions.

This report shares just some of our achievements throughout the year and a glimpse into the impact our School continues to make for our students, customers and our community.

Whether you’re an alum, student, donor or partner - thank you for being part of the School.

Supporters

2024 was an extraordinary  year with $21.27m raised in  new funds and committed  funding from our supporters. 2024 Endowment Income Impact

2024 was an extraordinary year with $21.27m raised in new funds and committed funding from our supporters.

This includes a transformative gift from BHP of $20m towards a vision of an economically powerful Indigenous Australia. Funding will enable the Dilin Duwa Centre for Indigenous Business Leadership to scale its world-leading business research, education programs, community engagement and provides access to Melbourne Business School scholarships.

We were also thrilled with WISE Employment committing to a $1.1m sponsorship for the Centre for Social Purpose Organisations. This enables 90 scholarships for the Emerging Social Purpose Leaders Program designated for not-for-profit and other social purpose leaders. It also funds a case study on WISE Employment and how as a notfor-profit they have scaled financial growth and social impact over a decade. These learnings will benefit the sector.

We thank Ian Kirk for his major support of learning and teaching at MBS through the travel case competition, BioDesign program and MURRA masterclass. An acknowledgement to the Scanlon Foundation who seed funded the Culturally Conscious leadership program – a pilot to unlock the full potential of diversity to drive greater business value.

Our gratitude to the long-standing alumni donors and those in the Dean’s Circle, who every year generously provide opportunities for emerging business leaders. These include our scholarships for Women and Management, Diversity Excellence, Indigenous Leadership and the Ian Harper AO Scholarship for Excellence.

The MBS donor endowments were established by the foresight of our supporters - ensuring in-perpetuity support of scholarships, awards, teaching and learning activities.

These endowments were valued end of year at $14.45m and $1.59m was distributed across the School. Funding supported the Centre for Social Purpose Organisations (HMST and MBS), experiential business learning through BioDesign for medical device innovations (SEMBA 2003) and student travel to compete in the global Hult Prize social innovation competition (Grateful Graduate).

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$21.27m

new funds raised

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$14.45m

donor endowment value

  • Endowments
  • Lifetime Patrons
  • 2024 Dean's Circle
  • 2024 Donors

Clemenger BBDO Scholarship
Grateful Graduate Fund
Helen Macpherson Smith Fellowship
Helen Macpherson Smith Trust and Melbourne Business School
H.J. Heinz Scholarship
John Clemenger Prize & Scholarship
Senior Executive MBA Class of 2003
Sir Donald Hibberd Lectureship

Vicki Allen (SEMBA 2003)
A.T. Kearney
Ross Barker (MBA 1980)
BP Australia
Krystyna Campbell-Pretty AM
Charles & Cornelia Goode Foundation
Peter Clemenger AO
Clemenger BBDO
Philip Cormie (EMBA 2002)
Robert Craig (MBA 1995)
Maurice Crotti AO (MBA 1974)
John Dahlsen (MBA 1969)
Charles Goode AC
Helen Macpherson Smith Trust
Adrian Hibberd AM
Sally Holloway in memory of Peter Doherty (SEMBA 1990)
John Kennedy
Ian Kirk (MBA 1998)
Kraft Heinz
Lord Mayor’s Charitable Foundation
Margaret Lawrence Bequest
News Corp Australia
Orford Foundation
Christine Penfold
Allan Reid (MBA 1970)
Reid Malley Foundation
San Remo
Telstra
Visit Victoria
Frank Zipfinger (SEMBA 2003)
Boundless Earth
Vicki Allen (SEMBA 2003)
Marianne Broadbent (PhD 1991)
Enrica Centorame
Yun Sheng Chin (MBA 2017)
John Dahlsen (MBA 1969)
Mithran Doraisamy (MBA 1994)
Egon Zehnder International S.A.
Evans 5 Fund
Forethought
Chris Freeland AM (MBA 1996)
Jim Frederickson
Jenny George
Alison Hardacre (MBA 2002)
Martin Hosking (MBA 1993)
Andrew John
Terence Sing Lee (MBA 2014)
Robert McGauran (PDM 1994)
Margaret Lawrence Bequest
James McKay (MBA 2000)
Pete Manasantivongs (MBA/MMktg 2009)
Su-Peing Ng (MBA 2000)
Peter Nicholas (SEMBA 2003)
Branko Panich (MBA 2000)
Dominic Rudd (MBA 2005)
John Sabljak (MBA 1994)
Scanlon Foundation Research Institute
Christopher Thomas AM (MBA 1976)
Derek Thomson (MBA 1999)
Jane Tongs (SEMBA 1994)
Trawalla Foundation
Darryl Ward (MBA 1994)
WISE Employment
Christelle Young (MBusA 2016)
Federico Arellano (MBA 2007)
Cheryl Cohan (EMBA 2010)
Candice Culnane (MBA 2000)
Emily Hardy (SEMBA 2019)
Vivek Joseph (MBA 2023)
Merran Kelsall AO (MBA 2000)
Quanxi Liu (MBA 2014)
James Mackie (MBA 2008)
Christopher Perera (SEMBA 1992)
Simon Pritchard (MBA 2002)
Scanlon Foundation
Supaw Pet Bakery
Armando Slaviero (MBA 2005)
Funded by Tan Family Fund, a Charitable Fund Account of Lord Mayor’s Charitable Foundation
Theo Tzanatos (MBA 2006)
John Vansetten (MBA 1980)
Tien Vy Vu (MBA 1999)
Catherine Walter AM (MBA 1988)

About Melbourne Business School

Melbourne Business School is where the world's brightest minds come to develop the skills they need to be the leaders of tomorrow.

Melbourne Business School is where the world's brightest minds come to develop the skills they need to be the leaders of tomorrow.

As the University of Melbourne's graduate school in business and economics, Melbourne Business School is the home of Australia's top-ranked MBA and business analytics degrees, and a trusted executive education partner to some of the largest organisations in Australia and South-east Asia.

With a purpose to unleash ideas and leaders for a sustainable future, the School's vision is to be among the top-ranked providers of business education within the Asia-Pacific region, the first choice for students and clients seeking award and non-award business education, and to be esteemed globally as a leading supplier of academic and business research.

The School was established in 1955 and emerged directly from Melbourne’s business community, driven by a shared belief that Australia needed rigorous, dedicated business education. That connection continues and the School is still jointly owned by the University and the business community to this day.

This long connection to industry is one of the School's greatest strengths, as evidenced by recent initiatives including the Bastas Academy for Health Leadership and the new Sustainable Value Creation Institute.

Our Purpose

We unleash ideas and leaders for a sustainable future.

This purpose informs how we teach emerging leaders, who measure success by the impact they have on the people around them and the broader community.

Our hope is that these leaders will create and protect economic growth, social equality, shared prosperity and environmental resources for the benefit of all.

Our Guiding Principles

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Be Respectful

We are open to other opinions and emotions, treat each other with respect and care for everyone in our community.
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Act with Integrity

We strive to be honest, transparent, trustworthy and fair.
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Be Accountable

We take responsibility for our decisions and interactions.
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Strive for Excellence

We strive for excellence in all our actions and interactions.
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Promote Diversity

We embrace our diversity to promote opportunities for growth, learning and innovation.
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Work Collaboratively

We foster trust, build strong relationships and work together to achieve the best outcomes.
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Encourage Experimentation

We act with courage, recognising it’s okay to speak out and take risks to innovate and grow.