MBS began teaching in 1955 when the University of Melbourne offered Australia’s first residential executive education program in the summer of that year. Its first Master of Business Administration degree was awarded in 1965, which was also the first MBA degree awarded in Australia. During the 1980s, MBS was awarded the status of a National Management School by the Australian Government and the Graduate School of Management was established within the University of Melbourne. In 1989, it was re-organized again, this time as the Graduate School of Management Ltd: a non-profit company limited by guarantee and managed by a Board of Directors which includes the chairs and directors of leading Australian corporations. This organization structure has helped create a major link between the university and those who have a responsibility for management. It is currently co-owned by the University of Melbourne and Australian businesses. In 2004, Melbourne Business School Limited merged with Mt Eliza Business School, which was established in 1957, becoming the largest management education business school in Australia. In July 2009, the school announced that it was the subject of a proposed merger with the Graduate School of Management at the University of Melbourne. However, the proposal was decided not to proceed following opposition from MBS members in September 2009. In October 2012 the school signed a collaboration deal with University of Melbourne, sharing resources but retaining the school's independence and the authority of the board. MBS closed and sold its Mt Eliza campus in 2016, to concentrate on expanding the Carlton campus.
Research Centres
The Asia Pacific Social Impact Centre The Asia-Pacific Centre for Social Impact was established in 2008. Led by its director, Dr Ben Neville, the centre's mission is to develop the business capabilities of Indigenous Australians and boost capacity in the not-for-profit sector. APSIC runs MURRA, a business skills master class for Indigenous business leaders. It also assigns students to emerging social enterprises as part of The Crunch program by Social Traders. Centre for Business Analytics The Centre for Business Analytics at Melbourne Business School was established in 2014 in response to growing global demand for analytics research and knowledge. The Centre also manages educational programs, collaborative workshops and the School's Master of Business Analytics program. The CfBA is headed by Professor Ujwal Kayande.
Rankings
Rankings of MBS include the following: Financial Times:
Adam Garone, Founder, Movember, Master of Marketing 1999
Board of directors
MBS is unique among Australian business school's because of its hybrid ownership structure. The School is owned by Melbourne Business School Ltd, a non-profit organisation that is 55 per cent owned by the business community and 45 per cent owned by the University of Melbourne. The Board of Directors of MBS Ltd:
