The Faculty of Business and Economics is one of the 10 primary faculties at

Monash University Monash University () is a public research university based in Melbourne, Victoria, Australia. Named for prominent World War I general Sir John Monash, it was founded in 1958 and is the second oldest university in the state. The university has ...

. The Faculty is made up of two distinct schools – Monash Business School located in Melbourne, Australia and the School of Business at Monash University Malaysia. In addition, the Faculty runs specialist business units and courses at Monash Suzhou in China, the Monash Prato Centre in Italy and Monash Indonesia, located in Jakarta. Collectively the Faculty of Business and Economics is home to over 21,600 students. It offers undergraduate, graduate and research degrees, with different options available at the different Monash locations.

History

The current Faculty structure is the result of the amalgamation of the Monash University Faculty of Economics and Politics, based at the University's Clayton campus, and the David Syme Business School, based at what is now the University's Caulfield campus. Monash University Malaysia School of Business was included as part of the Faculty in 1998 and in 2014, Monash Business School was created to encompass all Australian-based operations. Teaching of business degrees commenced at Monash Suzhou in 2020 and Monash Indonesia in 2021.

Rankings

The Faculty of Business and Economics is internationally recognised for excellence in research and education in Australia, the Asia-Pacific and around the world. Rankings by some of the most prestigious and highly regarded international rankings of world universities include the following: * No. 4 in Australia for Business and Economics * No. 1 in Australia and No. 17 in the world for Business Administration * No. 2 in Australia and No. 42 in the world for Economics * No. 3 in Oceania and No. 73 in the world for MBA

Monash Business School, Australia

Monash Business School operates on three of Monash University’s four campuses in and around the city of Melbourne – Clayton, Caulfield and Peninsula. It is structured into seven discipline-based departments, together with four research centres and a Leadership and Executive Education group that is responsible for delivery of The Monash MBA, the Global Executive MBA and a range of Executive Education programs. The School also delivers a wide range of single and double coursework undergraduate and graduate programs, as well as research degrees.

Departments and Centres

* Department of Accounting * Department of Banking and Finance * Department of Business Law and Taxation * Department of Econometrics and Business Statistics * Department of Economics * Department of Management * Department of Marketing * Centre for Development Economics and Sustainability (CDES) * Centre for Global Business (CGB) * Centre for Health Economics (CHE) * Monash Centre for Financial Studies (MCFS) * Leadership and Executive Education

Accreditation

Monash Business School is one of only 97 business schools in the world - and the only institution within Victoria - to have achieved 'Triple Accreditation' by the three global accrediting bodies: the Association to Advance Collegiate Schools of Business (AACSB); EFMD Quality Improvement System (EQUIS); and the Association of MBAs AMBA).

School of Business, Monash University Malaysia

The School of Business is one of eight schools at Monash University Malaysia which was the first foreign university campus in Malaysia. Home to over 8,400 students from 78 different countries, Monash University Malaysia has established strong links with industry and government and serves as a platform for research and education engagement across Southeast Asia and beyond. The School of Business is structured into seven discipline-based departments. The undergraduate program is anchored around the Bachelor of Business and Commerce and the graduate offering includes the Master of International Business (coursework) and the Doctor of Philosophy (research).

Departments

Accreditation

Monash University Malaysia School of Business is one of the few business schools in Malaysia to be accredited by the Association to Advance Collegiate Schools of Business (AACSB) which is the longest standing, most recognised form of specialised/professional accreditation an institution and its business programs can earn worldwide.

Academic leadership

Leadership team

* Professor Simon Wilkie, Dean, Faculty of Business and Economics and Head, Monash Business School * Professor Pervaiz K Ahmed, Head, School of Business (Malaysia) *Professor Michelle Welsh, Senior Deputy Dean, Faculty Operations *Professor Robert Brooks, Deputy Dean, Education *Professor Deep Kapur, Deputy Dean, External Engagement and Director, Monash Centre for Financial Studies *Professor Michaela Rankin, Deputy Dean, International and Accreditation *Professor Richard Hall, Deputy Dean, Leadership and Executive Education *Professor Russell Smyth, Deputy Dean, Research *Michelle Clarke, Faculty General Manager *Amanda Michael, Faculty Finance Manager

Heads of Department

* Professor Abe de Jong, Head, Department of Banking and Finance * Professor Rob J. Hyndman, Head, Department of Econometrics and Business Statistics * Professor Gavin Jack, Head, Department of Management * Professor

Hean Tat Keh Hean Tat Keh () is a professor and chair of the Department of Marketing at the Monash University Faculty of Business and Economics. He is known for his work on services marketing, consumer behavior, brand management, and marketing strategy. In ...

, Head, Department of Marketing * Professor Carolyn Sutherland, Head, Department of Business Law and Taxation * Professor Michael Ward, Head, Department of Economics * Professor Carla Wilkin, Head, Department of Accounting

Notable faculty

* Professor Greg J. Bamber * Professor Eduard Bomhoff * Professor Maureen Brunt * Professor Dianne Cook * Professor

Peter Dixon Peter John Dixon (born 30 April 1944) is a former England international rugby union player. Dixon played for Oxford University RFC in four consecutive Varsity Matches from 1967 to 1970. He played for Cumberland at county level alongside Da ...

* Professor

Allan Fels Allan Herbert Miller Fels (born 7 February 1942) is an Australian economist, lawyer and public servant. He was most widely known in his role as chairman of the Australian Competition & Consumer Commission (ACCC) from its inception in 1995 unt ...

* Professor Rob J. Hyndman * Professor

* Professor Gael M. Martin * Professor

Yew-Kwang Ng Yew-Kwang Ng (; English pronunciation or simply ; born August 7, 1942) is a Malaysian-Australian economist, who is currently Special Chair Professor of Economics at Fudan University, Shanghai, and a Distinguished Fellow of the Academy of t ...

* Professor

Xiaokai Yang Xiaokai Yang (born as Yang Xiguang; Simplified Chinese: 杨小凯; 6 October 1948 – 7 July 2004) was a Chinese-Australian economist. He was one of the world's pre-eminent theorists in economic analysis, and an influential campaigner for democ ...

* Professor Yves Zenou

Alumni

Alumni of the Faculty include: * Richard Alston, Former Australian Senator and Minister, current Australian High Commissioner in London *

Mark Birrell Mark Alexander Birrell (born 7 February 1958) is a company director and a former Cabinet Minister in the Australian state of Victoria. Early life Birrell was born in Melbourne and was educated at Trinity Grammar. He studied at Monash Universit ...

- Company director, former Minister for Industry, Science and Technology *

Julian Burnside Julian William Kennedy Burnside (born 9 June 1949) is an Australian barrister, human rights and refugee advocate, and author. He practises principally in commercial litigation, trade practices and administrative law. He is known for his staunc ...

QC - High profile barrister, human rights advocate, author *

Alastair Clarkson Alastair Thomas Clarkson (born 27 April 1968) is an Australian rules football coach and former player who is currently the head coach of the North Melbourne Football Club. He was previously the head coach of the Hawthorn Football Club in the ...

- Former

AFL AFL may refer to: Sports * American Football League (AFL), a name shared by several separate and unrelated professional American football leagues: ** American Football League (1926) (a.k.a. "AFL I"), first rival of the National Football Leagu ...

footballer, current coach of the

Hawthorn Football Club The Hawthorn Football Club, nicknamed the Hawks, is a professional Australian rules football club based in Mulgrave, Victoria, that competes in the Australian Football League (AFL). The club was founded in 1902 in the inner-east suburb of Hawt ...

Simon Crean Simon Findlay Crean (born 26 February 1949) is an Australian politician and trade unionist. He was the Member of Parliament for Hotham from 1990 to 2013, representing the Labor Party, and served as a Cabinet Minister in the Hawke, Keating, R ...

MP - Australian Minister for Trade, former Leader of the Opposition and Minister for Employment, Education and Training *

Josh Frydenberg Joshua Anthony Frydenberg () (born 17 July 1971) is an Australian former politician who served as the treasurer of Australia and deputy leader of the Liberal Party from 2018 to 2022. He also served as a member of parliament (MP) for the divisi ...

MP - Prominent Investment Banker and current federal Member for Kooyong. *

Alan Griffiths Alan Gordon Griffiths (born 4 September 1952), is a former Australian politician who represented the Division of Maribyrnong for the Australian Labor Party from March 1983 to January 1996. Griffiths was a senior Minister in the Hawke and Keati ...

, former Australian Minister for Industry and Resources *

Margaret Jackson Margaret Jackson, AC (born 17 March 1953) is an Australian corporate executive. Jackson was born in Warragul, Victoria, and studied at Warragul High School. She graduated with a Bachelor of Economics degree from Monash University and a Master o ...

AC - Company Director, first female Chairman of

Qantas Qantas Airways Limited ( ) is the flag carrier of Australia and the country's largest airline by fleet size, international flights, and international destinations. It is the world's third-oldest airline still in operation, having been founde ...

* John Langmore - Politician and author *

Lim Guan Eng Lim Guan Eng (; born 8 December 1960) is a Malaysian politician and accountant from the Democratic Action Party (DAP), a component party of the Pakatan Harapan (PH) coalition who has served as Member of Parliament (MP) for Bagan, Member of t ...

- Malaysian politician *Ian Little (1956-2006) - Secretary of the Department of Treasury and Finance, 1998-2006 * Michael Luscombe - former CEO,

Woolworths Woolworth, Woolworth's, or Woolworths may refer to: Businesses * F. W. Woolworth Company, the original US-based chain of "five and dime" (5¢ and 10¢) stores * Woolworths Group (United Kingdom), former operator of the Woolworths chain of shop ...

* Ian Macfarlane AC - Economist, Governor of the

Reserve Bank of Australia The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. Th ...

, 1996-2006 * Peter Marriott - Chief Financial Officer,

Australia and New Zealand Banking Group The Australia and New Zealand Banking Group Limited (ANZ) is an Australian multinational banking and financial services company headquartered in Melbourne, Victoria. It is Australia's second-largest bank by assets and fourth-largest bank by ma ...

(ANZ) * Julian McGauran - Australian Senator * Andrew Mohl - Managing Director and CEO, AMP * Stuart Morris, Justice of the

Supreme Court of Victoria The Supreme Court of Victoria is the highest court in the Australian state of Victoria. Founded in 1852, it is a superior court of common law and equity, with unlimited and inherent jurisdiction within the state. The Supreme Court compri ...

, President of VCAT *

Trevor O'Hoy Trever O'Hoy was the President and CEO of Foster's Group from 2004 until 10 June 2008. He was educated at Monash University, where he obtained a Bachelor of Economics in 1976. He has attended the Harvard Business School Advanced Management Program ...

- President and CEO,

Foster's Group Foster's Group Pty. Ltd. was an Australian beer group with interests in brewing and soft drinks, known for Foster's Lager, now called Carlton & United Breweries since the company was renamed in 2011. Foster's was founded in 1888 in Melbourne, ...

Martin Pakula Martin Philip Pakula (born 7 January 1969) is a former Australian politician. He has been a Labor Party member of the Parliament of Victoria since 2006: in the Legislative Council for Western Metropolitan Region from 2006 to 2010, and then in ...

- Current Victorian Minister for Industry, Trade and Industrial Relations *

Pasuk Phongpaichit Pasuk Phongpaichit ( th, ผาสุก พงษ์ไพจิตร, , born 11 February 1946) is a Thai economist. A professor at Chulalongkorn University, she is the author of several books on corruption in Thailand. Pasuk earned BA and MA ...

- Economist, author, anti-corruption campaigner *

Peter Reith Peter Keaston Reith (15 July 1950 – 8 November 2022) was an Australian politician who served in the House of Representatives from 1982 to 1983 and from 1984 to 2001, representing the Liberal Party. He was the party's deputy leader from 199 ...

- Executive Director of the

European Bank for Reconstruction and Development The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially fo ...

, former Defence Minister * Gary P. Sampson - WTO economist * Helen Silver - Secretary of the Victorian Department of Premier and Cabinet

References

{{Monash University Business schools in Australia

Business and Economics Business economics is a field in applied economics which uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with ...