By Business, For Business
Our globally unique corporate structure ensures we maintain industry relevance.
From The Dean
"What makes Melbourne Business School so special is a shared feeling of belonging and empowerment across our community."
"As Dean, my goal is to enhance and celebrate that feeling among our students, learners, clients, alumni, faculty and staff."
"Our Board and Senior Leadership Team are united in supporting the next generation of leaders, who will measure success by their positive impact on society as well as business."
PROFESSOR JENNY GEORGE
Dean, Melbourne Business School
Co-Dean, Faculty of Business and Economics
Corporate Structure
Incorporated as an independent entity in 1987 as MBS Limited, the School operates with a highly unusual and globally unique corporate structure. The majority ownership of the School (55 percent) lies with the business community and philanthropic entities, our donor members, while the remaining 45 percent sits with the University of Melbourne.
Board Members
Our board is our strength. It boasts some of Australia’s most respected business leaders and academics, with experience across all sectors and regions. They make sure what we teach as a business school is what business leaders need to know for the future.
Our Story So Far
1955
Melbourne Business School is founded, with a clear belief: leaders are made, not born.
1963
The Part-time MBA launches, opening business education to working professionals.
1965
The first MBA degrees are awarded.
1986
A new School building opens on Leicester Street, officially opened by Prime Minister Bob Hawke.
1987
Melbourne Business School Ltd is established, enabling fee-based Executive MBA programs.
1989
The Graduate School of Management (GSM Ltd) is created as a jointly owned company of the University of Melbourne and donor members, reflecting a deep partnership between academia and industry.
1991
MBS Ltd becomes a subsidiary of GSM Ltd.
1994
The company is renamed Melbourne Business School Ltd.
1995
Governance shifts to a 55 per cent donor member and 45 per cent University of Melbourne structure, strengthening industry leadership during a period of reduced government funding.
1997
GSM Ltd is formally deregistered, completing the transition to MBS Ltd’s current governance model.
Governance With Purpose
Melbourne Business School has operated as an independent entity since 1987 - by design, not default.
Our ownership model is globally distinctive. Fifty-five per cent of the School is held by the business and philanthropic community, with the remaining 45 per cent held by the University of Melbourne. This structure keeps us academically strong and deeply connected to industry.
Donor members hold voting rights, not equity. They appoint ten Directors to the Board and hold 55 per cent of total votes, ensuring active, ongoing industry involvement - not symbolic consultation.
This model gives us full financial independence and a clear focus: strong career outcomes for students, relevant research and teaching, and meaningful impact for the business community. Purpose, not profit, drives every decision.
If the School were ever wound up, its assets could only be transferred to an organisation with similar objectives, such as the University of Melbourne.
Membership
Membership is governed by our Constitution, most recently amended in May 2022.
New members are nominated by the School and approved by the Board - chosen for their commitment to developing leaders, not just supporting an institution.
The Board's Role
The board’s primary role is to set and review strategic and operating objectives, enhance the School’s reputation and protect the interests of all stakeholders. It has established a number of committees to help with these responsibilities.
Ken MacKenzie
CHAIR
Mr MacKenzie is one of Australia's most accomplished business leaders, having spent 10 years as the CEO of Amcor before becoming Chair of BHP Group in 2017. He is a Fellow of the Australian Institute of Company Directors, a Strategic Advisor for Barrenjoey and serves on the Advisory Board of American Securities.
BOARD MEMBER
Professor George is the Dean and Director of Melbourne Business School and Co-Dean of the University of Melbourne's Faculty of Business and Economics. She holds a PhD from Stanford University and spent seven years as CEO of Converge International.
CHAIR: FINANCE, RISK AND AUDIT COMMITTEE
Ms Hopkins is the CFO of REA Group, the former Group CFO of Australia Post and the first female Chair of the Group of 100, Australia's peak body for CFOs and senior finance executives.
BOARD MEMBER
Professor Kofman is Co-Dean and Sidney Myer Chair of Commerce at the University of Melbourne’s Faculty of Business and Economics. He is a co-author of “A Matter of Trust: The Practice of Ethics in Finance”.
BOARD MEMBER
A 13-year partner of global consultancy McKinsey & Company in Melbourne, Mr Leitch is CEO of Australia’s premier retailer of musical instruments and pro audio gear, SoundBay, and remains a McKinsey Master Faculty member, training associate partners.
BOARD MEMBER
Professor Martin worked in senior strategy and operational risk roles, including for Credit Suisse in Singapore and London, before completing his PhD in Madrid and joining our School to teach strategy on our MBA programs.
BOARD MEMBER
A speaker, mentor and adviser in a range of industry and professional forums, Ms McGrath is a Non-Executive Director with Macquarie Group and Macquarie Bank, Chair of real estate firm Investa Property Group and Chair of ASX 100 company OZ Minerals.
BOARD MEMBER
Ms Miller is Vice President of Castrol Asia-Pacific and a State Director at AgriBio, an agricultural systems biology research centre. Ms Miller has also served on the Industry Advisory Board of our MBS Centre for Business Analytics since 2015.
CHAIR: REMUNERATION AND NOMINATIONS COMMITTEE
Former World Vision Australia CEO, Ms Rogers has also been a strategic growth and digital leader at ANZ bank. She is currently dutyof.care Executive Director, Mentor List Managing Partner and an angel at Scale Investors.
BOARD MEMBER
Wesley is the Managing Partner of McKinsey Australia & New Zealand. With over 20 years of experience, he is a seasoned expert in transformation, dedicated to assisting organisations and their leaders across Asia and globally to reinvent their business models and enhance performance.
BOARD MEMBER
Professor Glyn Davis AC is the interim Vice-Chancellor of the University of Melbourne. He is a public policy specialist, experienced higher education leader, and former Secretary of the Department of the Prime Minister and Cabinet. Professor Davis is a Fellow of the Academy of Social Sciences in Australia, Companion of the Order of Australia, and current Chair of Opera Australia.
BOARD MEMBER
Wendy is a non-executive director of Coles Group and PwC Australia’s Governance Board as well as Chair of the Industry Advisory Board for our Institute of Digital Innovation & AI (IDIA), Chair of the Fitted for Work Future Fund and a member of AICD’s Governance of Innovation & Technology Advisory panel. Previous board roles include Blackmores, CBA and Altium.
Remunerations and Nominations Committee
Finance Risk and Audit Committee
Properties and Facilities Committee
Investment Committee
AGM 2023
View the Melbourne Business School Constitution from the Annual General Meeting 18 May 2023
Policies
Whistleblower Policy
Melbourne Business School is committed to the highest standards of conduct and ethical behavior.
In supporting a culture of honest and ethical behavior, corporate compliance and good corporate governance, the School has embedded a Whistleblower Policy encouraging the reporting of any undesirable conduct by any personnel associated with Melbourne Business School, through a formal process and protection policy.
Senior Leadership Team
DEPUTY DEAN, ACADEMIC
Professor Olsen leads our outstanding academic team of business experts. A leading Operations and Supply Chain academic, she has headed two University of Auckland Business School departments, been Faculty of Business and Economics Deputy Dean at the same university and taught at the University of Michigan and Olin Business School.
CHIEF EXECUTIVE EDUCATION OFFICER
Magnus ensures our short courses and custom programs are relevant and impactful, drawing on his experience as a Global Strategy Group partner and NSW education sector lead partner at KPMG and Director Executive Education at the University of New South Wales business school, AGSM.
CHIEF FINANCIAL OFFICER
Accountable for all financial and commercial business units, Andrew helps to ensure the ongoing financial viability of the School. Qualified as a Chartered Accountant, Andrew has been with Melbourne Business School since 2011.
CHIEF PEOPLE & CULTURE OFFICER
Amanda Robertson is Chief People & Culture Officer at Melbourne Business School with over 25 years’ experience in human resources, industrial and employee relations. She specialises in dispute resolution and has a strong track record advising and supporting leaders and employees during complex workplace issues. Amanda has held senior roles at Suncorp and ExxonMobil and brings a compassionate, practical approach to fostering a high performing positive workplace and organisational culture.
CHIEF OPERATING OFFICER
Glenn leads Technology and Infrastructure Services, Project Management Office, and Facilities for MBS. He previously served as Associate Deputy Secretary Corporate Services at the Victorian Department of Jobs, Precincts and Regions. Glenn has held executive roles in ASX100 companies and was a lead consultant with McKinsey. He holds a Bachelor of Applied Physics from RMIT and an MBA from Monash University.
Annual Financial Reports
Download the Latest Report
Annual Financial Report 2025MBS-Consolidated-Statutory-Accounts-2025.pdf | 1.95MB | PDF
