Melbourne Business School also known as MBS is the graduate business school of the University of Melbourne, Victoria, Australia. The school offers specialist Masters programs, a doctoral program, an MBA program and executive education programs. The head office of the school and main campus are in the Melbourne suburb of Carlton, walking distance form Melbourne’s Central Business District in a complex designed by Daryl Jackson. The school began in 1954 when the University of Melbourne offered Australia’s first residential executive education program in the summer of the same year. In 1965 was awarded its first Master of Business Administration degree which was also the first MBA degree awarded in Australia. 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 during the 1980s. It was re-organized again in 1989, this time as a Graduate School of Management Ltd – a limited non-profit company by guarantee and managed by a Board of Directors. It includes both the directors and chairs of leading Australian corporations. This organization structure has helped create a major link between those who have a responsibility for management and the university.

Melbourne business school

Melbourne Business School Limited merged with Mt Eliza Business School which was also has been established in 1954. In this way the school has become the largest management education business school in Australia. The school announced in 2009 that it was the subject of a proposed merger with the Graduate School of Management at the University of Melbourne. The proposal, however, was dedicated not to proceed following opposition from MBS member in September 2009. The school signed a collaboration deal with University of Melbourne in October 2012 sharing resources but retaining the school’s independence and authority of the board. Melbourne Business School has been ranked in the Financial Times Top 100 Global MBAs since 2005 and the Economist Top 20 in the world Furthermore the school was placed as the second best business school in the Asia-Pacific in the 2010 QS Global 200 Business Schools Report. It has been ranked # 1 for Executive Education in the Asia-Pacific region since 2008 and it has recently ranked all-time high of seventeen in the World in the latest 2010 The Economist MBA ranking although at the same time slipping from 52 to 63 in the 2010 Financial Time rankings. Furthermore it was ranked at Number 2 for most preferred school by recruiters in the Asia-Pacific in a survey done by QS Top MBA. The school ranked at Number 3 in the regional MBA rating for Asia-Pacific in QS global 200 Business Schools Report 2012. The institution has students from over twenty countries and exchange programs with 40+business schools in Europe, Asia and the United States according to Melbourne Business School Reports. It has received formal international recognition of its programs with full EQUIS accreditation from 2006. In 2011 Equis reaccreditation was awarded for 5 years.