University of Sydney Business School
The University of Sydney Business School is the business faculty 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.
In 2017, the Business School’s MBA program was ranked number one in Australia by the biennial Australian Financial Review BOSS Magazine MBA Rankings. In the same rankings, the Executive MBA program was ranked number one in Australia in 2013 and 2015, and third in 2017. 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 number one in Australia and fourth in the world for graduate employability in the 2017 and 2018 QS Employability Rankings.
In 2017, The Economist and the Financial Times ranked the Business School number one in Australia for Master of Management. The program has been ranked number 25 in the world and number two in the Asia-Pacific region, and number one in the world for career progress of the program’s graduate, by the Financial Times. The Economist also ranked the program number 3 in the Asia-Pacific region, and number 35 in the world. The CEMS Master’s in International Management program, the only Australian CEMS member, was ranked ninth in the world in 2017 by the Financial Times.
The School was the first in Australia to receive accreditation by the Association to Advance Collegiate Schools of Business and the European Quality Improvement System from the European Foundation for Management Development. 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.
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. 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 program, with the program starting February 2013. Particular emphasis has been put into making positioning it as an internationally recognised degree.
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.
In 2017, the Business School launched a new full-time MBA program for 2018 entry.
Organisation
The Dean of the Sydney Business School is Professor Gregory Whitwell.Disciplines within the school include:
Professional accreditation
Studies in accounting are recognised by CPA Australia and the Chartered Accountants Australia and New Zealand.Majors in Industrial Relations and Human Resource Management can be accredited by the Australian Human Resource Institute.
An extended major in Business Information Systems can be accredited by the Australian Computer Society.
The Master of Marketing program is accredited by the Australian Marketing Institute.
Through the Bachelor of Commerce, the University is recognised as a program partner with CFA Institute.
Faculty journals
- Abacus
- Accounting, Auditing & Accountability Journal
- Australian Accounting Review
- Australian Review of Public Affairs
- Australian Tax Forum
- International Journal of Development Issues
- International Journal of Forecasting
- International Journal of Information Management
- International Journal of Management Reviews
- Journal of Australian Political Economy
- Journal of Industrial Relations
- Journal of International Financial Management & Accounting
- Labour History
Alumni
Alumni of the Sydney Business School or its predecessor faculties include:
- Glenn Stevens, BEc 1979, economist and Governor of the Reserve Bank of Australia
- Tony Abbott, BEc 1979, LLB 1981, MA 1982, 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
- Roger Davis - BEc,Chairman of Bank of Queensland
- Nick Greiner, BEc, Australian Liberal politician and former premier of New South Wales
- Morris Iemma, BEc, Australian Labor politician, and former premier of New South Wales
- Justice Michael Kirby, BEc, Justice of the High Court of Australia
- Mark Latham, BEc, former Australian Labor politician, leader of the Australian Labor Party and opposition leader of Australia