alumnimatters Faculty of Economics and Commerce October 2006
www.ecom.unimelb.edu.au/alumni/
Dean’s update Many of you may have read about the University’s strategy to implement what is now called “The Melbourne Model”. The Melbourne Model is based primarily on the Bologna Model where students undertake a three year undergraduate degree followed by a two year professional masters. The University has rationalized many of its undergraduate degrees into six New Generation degrees, of which the BCom is one. During the last six months under the leadership of Professor Bill Griffiths, our Associate Dean (Undergraduate Studies), academic and professional staff have been developing a framework to ensure that the BCom meets the requirements of the new generation degrees. This includes designing a program of study that will expose students to a broader range of subjects outside the Faculty while at the same time ensuring that students can specialize in any of the Faculty’s core disciplines. The BCom will continue to meet the requirements for accounting and actuarial accreditation for those who choose to complete these as part of their undergraduate degree. We are examining ways to improve the distinctive experience of BCom students while at the University through a capstone subject that requires students to undertake a project with industry or government. We are also providing increased opportunities for students to incorporate an international experience as part of their degree. Our Graduate School continues to thrive with its programs in demand from students around the world. Our new building will be the home of the Graduate School. We have now finalized the design of the teaching and learning floors and they are truly outstanding. Coupled with our excellent academic and professional staff our Graduate School is well placed to provide an educational experience in business and economics second to none.
In this issue
Part of the implementation of the University’s new strategic plan, Growing Esteem, has required all faculties to rank the research performance of each of their disciplines. The Melbourne Institute provided data that enabled all disciplines within the University to be ranked against relevant comparators in Australia. Each of our disciplines was ranked within the top three with several ranked number one or equal number one. This was not entirely surprising and confirms our position within Australia and internationally. The assessment of our performance has enabled us to implement strategies for improvement and to prepare for the Research Assessment Exercise which will occur Australia wide in 2008. Our links with industry and alumni continue to strengthen. The Young Alumni event held on May 2 at RSM Bird Cameron was a great success and the presentation by Alistair Lucas from GoldmanSachsJBWere was much appreciated by all. The Alumni Committee also held its Annual General Meeting and Dinner on 18 July. It was a lovely event held at Ormond College with
The Melbourne Model Making the boom pay Student Achievement Prizes and scholarships UMCAS AGM and dinner
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Industrial relations A toast to graduates Accounting at Melbourne Postgraduate outcomes Featured alumnus
the Hon. Jim Short as the dinner speaker. Jim shared with the group his experiences over a most interesting and varied career. The Faculty held a cocktail party for students graduating mid-year with a “Black and Silver” theme including a small Faculty keepsake (a silver boomerang) for all students to ensure that they keep in touch with the Faculty. We continue to implement strategies to strengthen the links with our alumni and after much searching we have appointed a new Advancement Director who will be responsible for our Campaign for Commerce and for external relations. It was most pleasing to see the number of gifts that alumni made to the Faculty in the latest University Annual Appeal. By far the largest amount ever raised by the University. This augers well for the major drive that we will be having for scholarships in the very near future. I hope that you enjoy the Newsletter. It provides you with further details of the Melbourne Model and other activities of the Faculty and the Alumni Committee.
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