2003 Annual Report FBE by The Faculty of Business and Economics, The University of Melbourne

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page a

Faculty of Economics and Commerce

Annual Report 2003 â&#x20AC;&#x201C; Outlook 2004

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page b

The Faculty experienced significant growth in the last ten years under the leadership of Professor Ross Williams (1993-2002) and more recently Professor Peter Dawkins (2003). We continue to attract the very best undergraduate students and have developed an excellent range of postgraduate programs in Australia.

Contents

Message from the Dean

The University of Melbourne

Faculty of Economics and Commerce

2003 Faculty Highlights

Academic Programs

Research and Research Training

Internationalisation

Staffing

Distinctions and Awards

Business and Community

Research Grants Awarded for 2003

Statistical Tables

Departmental Profiles

Centres in the Faculty

Graduates of the Faculty

People in the Faculty

Contact the Faculty

Our growth in postgraduate programs and undergraduate fee-paying students has enabled us to expand our facilities. We have enhanced our infrastructure to ensure that students have easy access to information technology. Our innovative Teaching and Learning Unit supports the achievement of high quality teaching. We are now planning a new building that we expect to occupy by 2007. The growth in the teaching programs has been accompanied by a growth in our research productivity and the quality of our research. Our goal in the medium term is to be the best economics and commerce research faculty in the region. We continue to attract high quality academics and have strategies in place to ensure that we support and encourage research output. This strategy has resulted in an increase in our share of competitive research grants as well as our continual presence in high profile research publications. Academic staff undertake research that is both applied and basic and covers accounting, e-commerce, information systems, economics, finance, management and marketing.

The achievements of the Faculty in both teaching and research could not have occurred without the excellent support of our administrative staff. There are many challenges that face us in the next five years. Of high priority is the development of a strategy in response to the Higher Education Reforms introduced by the Australian Government in 2003. As a Faculty we want to ensure that we continue to attract the highest quality students while at the same time providing access to a wider range of students through our access and equity programs. Demands for places in the Faculty continue to grow and it is important that we commit resources so that the most able students, regardless of their means, are able to access an education in our Faculty. We also have as a high priority the continued development of our research profile â&#x20AC;&#x201C; this will not only enable us to attract the very best academic staff nationally and internationally it will also ensure that our teaching programs are of the highest quality. We hope that you will find this report on the activities of the Faculty in 2003 and the profile of the academic and administrative staff of interest. Margaret Abernethy Dean

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 2

The University of Melbourne

The University of Melbourne celebrated its 150th anniversary in 2003. Since its foundation in 1853, the University of Melbourne has built an international reputation based on high standards of scholarship and teaching, prestigious international links and the quality of its academic staff and students. There are 38,000 students at the University of Melbourne, including about 10,000 pursuing higher degrees and diplomas, and is supported by nearly 6,000 staff. The Faculty of Economics and Commerce is one of 11 faculties. The others are the faculties of Architecture, Building and Planning; Arts; Education; Engineering; Law; Medicine; Music; Science; Veterinary Science and the Institute of Land and Food Resources. Each faculty conducts courses for various degrees of bachelor, masters and postgraduate diplomas. The majority of undergraduate students take subjects from more than one faculty and many are concurrently enrolled in degrees from two faculties. The University also confers the Doctor of Philosophy degree and higher doctorates. The University is a member of the Group of Eight leading comprehensive research-intensive universities in Australia. The Group of Eight universities undertake 70% of all research conducted in Australian universities and over half of all basic research conducted throughout Australia. They also produce between 60% and 80% of internationally recognised Australian research publications in every field of research and over 80% of internationally cited university research from Australia. In addition, the University is a member of the international network Universitas 21. The network made significant advances in the development and delivery of an on-line MBA and international student and staff mobility in 2003. The main University campus covers 20 hectares and is located at Parkville, two kilometres north of Melbourneâ&#x20AC;&#x2122;s city centre and financial district. A number of residential colleges and student apartments are located close to the campus.

Faculty of Economics and Commerce

History The Faculty was established in 1924 with teaching for the Bachelor of Commerce degree commencing on 2 March 1925. Economics, however, has been taught at the University of Melbourne since its foundation. W.E. Hearn was appointed as a professor of history and political economy in 1855. The foundation Dean of the Faculty was Professor Sir Douglas Copland who remained a leading figure in Australian economics and politics until his death in 1971. The Facultyâ&#x20AC;&#x2122;s 500-seat main lecture auditorium is named after him. The Faculty has always been a pioneer in business education in Australia. Marketing has been taught since the 1930â&#x20AC;&#x2122;s; in 1954 it appointed A.A. Fitzgerald as the first full-time professor of accounting in Australia; the MBA degree was introduced in 1963 (now taught in the Melbourne Business School). More recently, the Faculty has introduced Masters degrees in business and IT, applied finance, international business, applied commerce and accounting.

The student population has changed from an initial intake in 1925 of predominantly part-time students working in commerce in the city of Melbourne to full-time students drawn from Australia and overseas who are amongst the most able of their generation. Since 1925, over 23,000 students have graduated from the Faculty. Many of these graduates now occupy senior positions in business, government and academia, both within Australia and internationally. Pictured above standing left to right: Staff of 1925: Mr G.L. Wood, Mr A.A. Fitzgerald, Mr E.V. Nixon, Mr E.C.W. Kelly. Seated: Mr R.B. Lemmon, Professor D.B. Copland

150 Years of Achievement

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 4

Current Profile The aims of the Faculty of Economics and Commerce at the University of Melbourne are to: – conduct and disseminate research of international standing in the disciplines of accounting, actuarial studies, economics, econometrics, finance, human resource management, business information systems, international business, management and marketing;

Debate photo with gong from alumni news - to be collected by Sophie from Susan McPharlin

– provide the highest quality of teaching and training to students drawn from the uppermost cohort in Australia and overseas; – develop close and mutually beneficial relationships with business, government, the not-for-profit sector and the professions, both nationally and internationally.

Faculty of Economics and Commerce Teaching and research is undertaken by four Departments: Accounting and Business Information Systems, Economics, Finance and Management. The Centre for Actuarial Studies is located in the Department of Economics. The Department of Management includes marketing and international business. The Melbourne Institute of Applied Economic and Social Research is also located within the Faculty. The Faculty is significantly expanding its professional masters. Close collaboration exists between departments in both teaching and research. Some 7,000 students are enrolled in the various degrees and diplomas offered by the Faculty. Approximately 5,700 students, representing one in five undergraduates in the University, are enrolled in the Bachelor of Commerce degree, either as a single degree, or more commonly in combination with another degree such as Arts, Information Systems, Engineering, Law or Science. 900 students are enrolled in postgraduate diplomas and degrees, including 120 in the PhD. The Faculty teaches subjects to around 4,300 equivalent full-time students. Of this load, 46 per cent are Australian students paying under an income contingent loan scheme (HECS) with some government subsidy, 43 per cent are international students and 11 per cent are full fee-paying Australian students.

There are 120 full-time staff at the rank of lecturer and above are employed in the Faculty. The Faculty prides itself on its international reputation which is fostered by staff and student interchanges with overseas universities. Staff both publish in the leading international journals and contribute to applied research and policy within Australia. The Faculty has been ranked in the top 1% of institutions researching in the field of Economics and Business by the ISI's Essential Science Indicators world listing (based on 10 years of data). Seven staff have been honoured through election as Fellows of the Academy of Social Sciences in Australia. The Faculty is housed in a modern building complex with state of the art facilities for both staff and students. A Teaching and Learning Unit has been established to foster developments in multimedia and new teaching methodologies.

2003 Faculty Highlights Demand for undergraduate and postgraduate courses continues to be strong. High selection standards ensures that the Faculty attracts the top 5% of students nationally and internationally. In August the total student load in the Faculty reached a full-time equivalent of 4364, an increase of 174 in 12 months. To cater for continued strong demand in the professional masters area, the Faculty introduced an extended range of Master of Applied Commerce courses, now also offering specialisations in human resource management, international business and operations management. The Faculty’s new Master of Business and Information Technology program was featured in the launch of the university-wide Graduate IT suite of programs. At the launch, business and community leaders met to consider what impact an IT enabled economy will have on the quality of life, work, business and government. The Melbourne Institute in conjunction with The Australian newspaper held a two-day Economic and Social Outlook Conference in November. The Conference was an outstanding success, bringing together high level experts, policy makers and business people to help set the agenda for Australia’s future.

Facility planning and construction was a major focus in 2003. The Faculty’s IT infrastructure grew to eight teaching labs ranging in size from 15 to 39 computers. In addition there is now one postgraduate lab of 90 computers and a wireless networked open work area with space for around 50 students. Plans have been finalised for two new 30 seat labs and one undergraduate lab expanding to 300 by the end of 2004. The Faculty participated in the University of Melbourne’s 150th Anniversary Community Open Weekend at Parkville Campus in May, when an estimated 6000 people celebrated the origins and achievements of Victoria’s oldest university. The Faculty staged a comedy debate titled Business has ethics like law has justice. The debate was very entertaining with more than 400 people attending. Pictured above: The Great Debate team from left: Victor del Rio, Gael Jennings, Loane Skene, Peter Dawkins, Neville Norman, Rod Quantock and Patrick Hayden.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 6

Considerable effort was devoted to the incorporation of the nine principles of teaching and learning. These innovations were driven by the Teaching and Learning Unit, directed by Associate Professor Carol Johnston, working in association with the Quality of Teaching Committee chaired by the Deputy Dean, Professor Garry Marchant. An improved transition subject for students in their first semester of study was launched in 2003. The subject was designed to develop a sense of belonging in the Faculty and to familiarise students with a range of skills and strategies to assist them to successfully make the transition to tertiary study. Lectures were again provided to VCE students in Economics, Accounting and Business Management. In 2003, 2227 students from 74 high schools attended these lectures (up from 1600 in 2002).

Academic Programs Undergraduate The clearly-in ENTER for the Bachelor of Commerce degree was 94.7 representing the top five per cent of students in the State with comparable levels for interstate and international students. Standards of entry for combined degrees were even higher. Current students continue to excel winning awards and scholarships, most notably Patrick Hayden (pictured right) being selected as one of six Australians to participate in the Goldman Sachs Global Leaders Program in New York. The total number of students enrolled in the Bachelor of Commerce, either as a single degree or as a combined degree, was 5756 up from 5484 the previous year. This represents some 23 per cent of total undergraduate enrolments in the University. Over 1000 students graduated with a Bachelor of Commerce and a further 140 graduated Bachelor of Commerce (Honours).

The guest speaker at the annual prize-giving ceremony was Ms Nicola Scott from the ANZ Bank. Employer groups continue to generously support students with sponsorship of prizes and scholarships. The Facultyâ&#x20AC;&#x2122;s seven student societies were again very active with events ranging from employer information sessions to the International Commerce Student Society festival of nations event. Results of the 2002 Graduate Destination Survey were released in 2003. Some key findings are that Faculty graduates continue to do well with the proportion of undergraduates who had found full time employment at 90%. Comparable national figures show an employment rate of 78.9% for Business Studies, 90.7% for Accounting and 86.7% for Economics. Salaries: Bachelor Mean salary Median salary

$41,435 $39,500

Postgraduate Mean salary Median salary

$68,719 $68,000

A high percentage of graduates are employed in the private sector (87% bachelors and 74% postgraduates).

The following undergraduate courses are offered in the Faculty of Economics and Commerce: Bachelor of Commerce Bachelor of Commerce (Management) Bachelor of Commerce (Honours) The Bachelor of Commerce (BCom) is a three year full-time program. The honours degree requires a further one year of full-time study. The Bachelor of Commerce aims at developing powers of critical analysis that can be applied in many fields, and provides professional training for a wide variety of professions. Students studying the BCom can structure their program of study to include any of the following specialisations: Accounting Actuarial Studies Business Analysis and Systems Business Information Systems Business Law e-Commerce Econometrics Economics Economics and Environmental Studies Finance Human Resource Management International Commerce International Management Marketing and Economics Marketing Management Operations Management Organisation Studies The honours program allows students to further develop the specialisation they have undertaken as part of the pass degree. The Bachelor of Commerce and Bachelor of Commerce (Management) are also offered as a combined degree with each of the following: Bachelor of Agriculture Bachelor of Agricultural Science Bachelor of Arts Bachelor of Arts (Media and Communications) Bachelor of Engineering Bachelor of Engineering (Information Technology) Bachelor of Forest Science Bachelor of Forestry Bachelor of Information Systems Bachelor of Laws Bachelor of Property and Construction Bachelor of Science Each combined course is a five year full-time program after which students graduate with two degrees.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 8

Postgraduate Programs

Master of Applied Commerce (Business Analysis and Systems)

Total enrolments in masters by coursework and graduate diploma programs increased to 796 students in August, which translated to 545 equivalent full-time students. Enrolments in the Master of Business and Information Technology contributed most to the increase.

The Master of Applied Commerce (Business Analysis and Systems) provides graduates with the knowledge and skills to analyse and solve complex business problems. The course focuses on business processes and operations that are supported by business information systems; together with a suite of analytical methods from both a financial and non-financial perspective. Creative thinking is also encouraged to support the design of new improved business processes.

Ms Tippaya Anan was awarded the first A.G. Whitlam Scholarship in the MBIT and additional scholarships have been made available from this bequest. An extended career development and mentor program was introduced in 2003. Both programs helped students develop skills for work and life after graduation. Participating students discovered the range of their career options, gained insight into specific industries, began to develop personal and professional networks and plan their career paths.

Academic Programs The following graduate programs are offered by the Faculty of Economics and Commerce: Graduate Diploma in Actuarial Studies A one year full-time or two year part-time program provides graduates who have a mathematical or statistical specialisation with their initial actuarial education. Graduate Diploma in Management Studies A one year full-time or two year part-time program designed to provide graduates of any discipline a coherent education in management that will complement existing expertise with an understanding of management theory.

Master of Applied Finance A twelve month full-time or two year part-time program. The program focuses on the application of finance theory to practical problems and is aimed at those already working in finance or a financial-related industry. Master of International Business Twelve month full-time or two year part-time program. The program is designed to equip graduates with the skills and knowledge to operate in the world of international business. Master of Applied Commerce courses are offered as either a 12 or 16 subject program:

Postgraduate Diploma in Economics

Master of Applied Commerce

A one year full-time or two year part-time program which assists students with a pass degree with a major in economics or econometrics develop expertise in the discipline of economics. The program is also suitable for students without an honours degree who intend to proceed to a Masters program in Economics.

The program is designed to provide generalist training in commerce and business to graduates from disciplines outside of economics and commerce.

Postgraduate Diploma in Finance A one year full-time or two year part-time program which provides students with the opportunity to undertake a broader and deeper training in finance than is feasible in a pass degree. The Postgraduate Diploma in Finance is also the first year of the Master of Financial Management.

Master of Applied Commerce (Accounting) The Master of Applied Commerce Accounting has been designed to assist young professionals with a non-accounting degree to obtain an accounting qualification. Successful completion of this degree prepares students for entry to the Institute of Chartered Accountants of Australia (ICAA) or Certified Practicing Accountant (CPA) Professional Status.

Master of Applied Commerce (Human Resource Management) Master of Applied Commerce (Human Resource Management) has been designed to provide foundation training in business and economics, and specialist training in the management of human resources. The focus of the program is the understanding of human resource management within the wider enterprise and business context. Master of Applied Commerce (International) Master of Applied Commerce (International) provides foundation education in business and economics and specialist training in aspects of managing across borders. The subjects offered provide students with an appreciation of how functional roles are altered by involvement in international activities and provide skills needed in their execution. Master of Applied Commerce (Marketing)

Master of e-Commerce The Master of Electronic Commerce has been designed to enhance the skills, competencies and capabilities of students across the range of business disciplines with a focus on the emerging e-business models. Master of Business and Information Technology The aim of this program is to provide students with capabilities, skills and knowledge in business information systems, business analysis and management control systems enabling them to address questions about business process performance and improvement. Master of Accounting A course of three semesters (150 points) full-time or six semesters part-time. The program is designed to advance the skills and capabilities necessary for the practicing accountant. Entry requirements are an undergraduate degree in Accounting and at least one year's relevant work experience. Master of Financial Management Two years full-time or four years part-time, the Master of Financial Management is designed to provide an understanding of financial management principles and their application to corporate financial policy. Master of Commerce in Employment Relations and Human Resource Management

The Master of Applied Commerce (Marketing) has been designed to assist young professionals to develop, implement and control integrated marketing programs, work closely with managers in other functional areas, and pursue a career in marketing management.

A one year full-time or two year part-time degree by advanced seminar and shorter thesis. This is a research-oriented degree to meet the demands of practitioners wishing to move into researchbased careers.

Master of Applied Commerce (Operations Management)

A one year full-time or two year part-time program with specialisations in Economics and Finance. The program is an appropriate preparation for those intending to proceed to a PhD program.

Master of Applied Commerce (Operations Management) provides business education for those who wish to work in the â&#x20AC;&#x2DC;engine roomâ&#x20AC;&#x2122; of their organisation, namely the central part where the goods and services are designed and produced. Master of Applied Commerce (Organisational Change) The Master of Applied Commerce (Organisational Change) focuses on various aspects of change management and incorporates an overall understanding of organisations and how they interact with their competitive and social environments; insights into various perspectives on organisational change; an investigation into the role of management ideas and knowledge in organisational change and appreciation of the ways in which people in organisations react to change.

Master of Commerce (coursework)

Master of Commerce (by thesis) A one year full-time or two year part-time program available in all departments of the Faculty. The MCom by thesis provides an appropriate foundation for those wishing to proceed to a PhD program. PhD The PhD program can be undertaken by completing a thesis alone or by undertaking a program with a one year course work component. A PhD with coursework is available in Accounting, Economics and Finance.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 10

Research and Research Training Research output remained well above the average of the Australian G08 comparator universities. In the last round of ARC research grants (for the period 2003-2005) members of the Faculty were involved in 13 successful proposals with grants totalling $2.073 million. New funds generated by Faculty administered projects in 2003 totalled $549,000. The Faculty now has a number of research programs that have funding over several years. This has enabled the Faculty to attract high quality researchers and to produce work of high quality publishable in top journals.

The Faculty has been ranked in the top 1% of institutions researching in the field of Economics and Business by the ISI's Essential Science Indicators world listing (based on 10 years of data). A key determinant of Federal government funding for research and research training is income earned for research. The internal University funding formula mirrors this approach. As a consequence of success in attracting external research income the Faculty achieved the highest rate of increase of all faculties in the internal allocation of funds for research and research training.

Pictured above: From left to right: The Hon Dr Brendan Nelson MP, Minister for Education, Science and Training; Ms Lynne Kosky, Minister for Education, Science and Training (Victoria); Professor Brian Caldwell, Dean, Faculty of Education, The University of Melbourne. Pictured below: From left to right: Professor Richard Disney, School of Economics, University of Nottingham; Ms Julie Bishop MP, Minister for Ageing; Professor Jeff Borland, Head, Department of Economics, The University of Melbourne

Internationalisation The Faculty has established an international reputation as a preferred place for undergraduate and postgraduate study. In 2003 academic and administrative staff made numerous visits overseas promoting the degree programs offered by the Faculty and keep in touch with alumni. Countries visited included traditional source countries in Asia, namely, China, Singapore, Malaysia, Indonesia and Thailand. In addition visits were made to the Gulf States, Europe, Latin America and the US. The Faculty is increasingly focusing on building relationships with overseas employers and sponsored career and employer events in Shanghai, Singapore, and Kuala Lumpur. This will widen employment prospects for our students, both for summer employment and employment on graduation. Research collaboration with overseas researchers continues to grow in importance. Each department has an active seminar series featuring international researchers. Academic staff from Arizona State University brought students to Melbourne to participate in joint delivery of undergraduate subjects.

Exchange and study abroad is growing in importance, and additional agreements were concluded with partners in Germany and the US. The Faculty committed additional scholarships to encourage Melbourne students to participate in exchange programs. The Faculty was represented at the annual NAFSA Conference held in Salt Lake City. (NAFSA is an organisation that promotes the exchange of students and scholars to and from the United States.) The Faculty signed agreements with Gadjah Mada University to offer a Dual Mastersâ&#x20AC;&#x2122; Degree from 2004 and also expanded the number of credit transfer agreements with selected partner institutions in China and Indonesia. The total number of international undergraduate and postgraduate applications submitted in 2003 reached a new record. The Faculty improved its procedures for handling and processing international applications and commenced the implementation of its diversification strategy during 2003. To celebrate the Universityâ&#x20AC;&#x2122;s 150th anniversary, the Faculty hosted three alumni events in Singapore, Hong Kong, and Taipei.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 12

Partner institutions for exchange programs:

Malaysia

Thailand

University of Malaya

Canada

Mexico

McGill University Queen's University University of British Columbia University of Toronto

Chulalongkorn University Prince of Songkla University Thammasat University

Monterrey Institute of Technology & Higher Education (ITESM)

China (People's Republic of)

Erasmus University of Rotterdam, School of Management University of Amsterdam

Fudan University Nanjing University Peking University Tsinghaua University University of Hong Kong University of Science and Technology of China France

Study Abroad and Exchange Opportunities

Universite Bordeaux Universite Jean Moulin - Lyon 3

Melbourne was again rated the World’s Most Livable City by The Economist. In achieving a near-perfect result, Melbourne was rewarded for its excellent lifestyle based on outstanding scores for safety, culture and environment, education, recreation, weather and infrastructure. This rating, combined with the academic challenge of studying at the University of Melbourne continues to make a six month to one year exchange an attractive option for international students.

Germany

The Faculty actively promotes opportunities for Australian students to take part of their degree in an overseas university. Financial assistance is available for this. International students are fully integrated with Australian students in classes and on-campus housing.

University graduates who have spent time studying abroad gain a competitive edge in any job market, but more importantly report that the experience broadens their cultural awareness and maturity. The Faculty of Economics and Commerce currently has exchange programs with the institutions listed on page 13. Students from these institutions are invited to apply to study within the Faculty. Opportunities exist for current students of the Faculty to study at these institutions also. Students of institutions not listed below are invited to apply for the Study Abroad program within the Faculty. Applications for exchange or study abroad programs should be made through the University of Melbourne’s International Admissions Office.

Albert Ludwigs University Freiburg Free University Berlin University Heidelberg Indonesia University of Indonesia Gadjah Mada University Ireland University College, Dublin Italy University of Commerce ‘Luigi Bocconi’ University of Padua/ Padova Japan Doshisha University Kobe University Kyoto University Osaka University Ritsumeikan University Sophia University Tokyo Institute of Technology Korea Korea Advanced Institute of Science and Technology Pohang University of Science and Technology Seoul National University

The Netherlands

New Zealand University of Auckland Norway Norwegian School of Economics and Business Administration University of Oslo Singapore Nanyang Technological University National University of Singapore Sweden Lund University Umea University Uppsala University Taiwan National University of Taiwan National Tsing Hua University

United Kingdom Heriot-Watt University University of Birmingham University of Edinburgh University of Glasgow University of Nottingham United States of America Boston College Georgetown University Pennsylvania State University New York University (Stern Business School) University of California – Berkeley – Davis – Irvine – Los Angeles – Riverside – San Diego – Santa Barbara – Santa Cruz University of Illinois, UrbanaChampaign University of Southern California University of Texas at Austin University of Virginia University of Washington Washington University in St Louis (The Olin School of Business)

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 14

Left: Associate Professor Milé Terziovski Professor Jeff Borland (below) and Associate Professor Nilss Olekalns (right) receive their teaching awards from Professor Peter Dawkins.

Staffing

Distinctions and Awards

Dr Milé Terziovski was promoted to Associate Professor in the Department of Management.

Mr Nikos Thomacos was appointed to the role of Business Manager at the Melbourne Institute.

Professor Peter Dawkins completed his tenure as Dean and returned to the Melbourne Institute as full-time Director.

Dr Nilss Olekalns was promoted to Associate Professor in the Department of Economics.

Associate Professor David Johnson, Melbourne Institute resigned on appointment to Victorian Department of Treasury and Finance.

Dr Lisa Cameron was promoted to Associate Professor in the Department of Economics.

Emeritus Professor (Roy) Leslie Roy Webb was awarded Officer in the Order of Australia for service to tertiary education and to the development of initiatives aimed at addressing specific community and student needs, and to fostering relationships between university and government instrumentalities. Professor John Nieuwenhuysen, Principal Fellow at the Melbourne Institute was awarded the Member of the Order of Australia for his service to the community through contributions to debate on immigration, cultural diversity, equity, economic development, taxation, indigenous, labour and industry issues. Professor Peter Dawkins was appointed to the Prime Minister’s Science, Engineering and Innovation Council.

The prestigious Edward Brown Award and the Universitas 21 Fellowship were awarded to Associate Professor Nilss Olekalns in recognition of excellence in teaching. The achievements of Professor John Freebairn were recognised through the Faculty Special Teaching Award for Contribution to Excellence in Teaching.

The Outstanding New Lecturer Award went to Dr Angela Knox for outstanding results at postgraduate level. Individual awards for innovation in teaching were awarded to Associate Professor Phil Collier, Dr Olan Henry, Dr Lea Waters, Professor Jeff Borland, Associate Professor Nilss Olekalns and Associate Professor Donald McLaren. Professor Cynthia Hardy was awarded the Edward Clarence Dyason Universitas 21 Fellowship. Dr John Stachurski was awarded the 2003 Chancellor’s Prize for Excellence in a PhD Thesis. The thesis was entitled Stochastic Economic Growth: an Operator-Theoretic Approach. Dr Anne Wyatt was placed on the ViceChancellors list for Excellence in PhD research at the University of Technology, Sydney. Her thesis was entitled The Impact of Innovation and Technology Conditions on Managers’ Capitalisation Decisions for Intangibles. Professor Rob Widing was named a Top-10 Marketing Researcher in the Asia-Pacific region for publications in Top-3 marketing journals over a ten-year period.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 16

Faculty members contribute to professional and public debate through a range of conferences, lectures, short courses and in the print media. In turn, representatives of the business community, government and non-profit bodies provide a major input into the activities of the Faculty through membership of advisory boards, and participation in conferences and seminars. Some of the Faculty's more notable activities in 2003 are listed below.

Business and Community Conferences and Workshops Faculties of Economics and Commerce, Science and Engineering hosted a forum entitled An IT Enabled Economy: Visions for the Future. Speakers included journalist Gael Jennings, Philip Bullock (CEO of IBM Australia and New Zealand, Randall Straw (Executive Director – Multimedia Victoria) and Melanie Kontze (General Manager for Hudson Global Resourcing). The Melbourne Institute runs quarterly forums in Melbourne and Canberra – the Melbourne Institute Business Economics Forum and the Melbourne Institute Public Economics Forum. In addition a national conference Pursuing Opportunity and Prosperity was held jointly with The Australian newspaper in November 2003. The Sixth Labour Econometrics Workshop, was held 8-9 August 2003.

The Inaugural Max Corden lecture was delivered by Professor Pranab Bardhan of the University of California, Berkeley. Professor Bardhan spoke on International Economic Integration and the World’s Poor, held 27 March. Professor Robert Shiller, Yale University, delivered the Sixth Finch Lecture on the topic The New Financial Order: Risk in the 21st Century, held 19 June. Professor Jere Frances delivered the 64th annual CPA Australia Research Lecture on the topic Is the

The 13th Stan Kelly Memorial lecture was delivered by Emeritus Professor Helen Hughes. Her topic was Trade or Aid? Which Benefits our Developing Countries Neighbours Most? Is Australia Helping of Harming the Pacific. This lecture was held in conjunction with the Economic Society of Australia (Victorian Branch) on 27 February 2003.

Research Grants Awarded for 2003

Australian Research Council – Linkage Project Scheme – Awarded for 2003

Impact of Intelligent Decision Aids on Human Knowledge Acquisition Professor S Leech

New directions in information economics and environmental policy Professor P Bardsley, Mr C Beverly, Dr V Chaudhri, Dr L Gangadharan, Mr G Stoneham

Growth and Inflation Dynamics: Measuring Steady-State Growth, Output Gaps and Inflationary Pressures using Survey Data in Australia and Other Advanced Countries Dr K Shields When Markets Fail: A Comparative Assessment of Costs and Benefits of Trade Interruption Professor P Kofman

Ms Christine Nixon, Victorian Police Commissioner delivered the 18th Foenander Lecture, The way ahead, policing the whole of the community, held 10 November.

Assessment of Innovation Capability Models to Create Innovation Driven Companies Professor D Samson

Professor Carol Kulik, Effective Diversity

Management Programs: The Practice-Research Gap, held 10 September.

Print Media Members of the Faculty are regularly featured television and radio guests, participate in public debate through contribution to newspapers, journals and business magazines. An on-line expert guide is available at http://www.research.unimelb. edu.au/mediacontact.

Australian Research Council – Discovery-Project Scheme

current model of corporate governance adequate? held 16 June.

Inaugural Lectures Annual Public Lectures

generic pic here

Low skill workers in Australia Professor J Borland, Dr M Shields Innovation Management Strategies & Practices to Accelerate the Commercialisation Process in the Biotechnology Industry Dr M Terziovski, Professor D Samson The Effects of Media Management Strategy on Organisational Crisis Management and Survival Dr M Terziovski

Implications of Emerging Forms of Labour Management in Transitional Economies for Households Livelihood Strategies: China and Vietnam Dr Y Zhu

The evolution of Australian enterprises, 1990 to 2007: an empirical analysis of the relationship between turbulence among firms, productivity, growth and exports Dr E Mm Webster, Associate Professor T R Fry, Dr J Yong, Mr M J Klee, Mr T Harcourt

A cohort analysis of the demand for meat and the impact of food scares Dr M Harris

Melbourne Early Career Research Grants

The dynamics of economic and social change: An analysis of the Household, Income and Labour Dynamics in Australia Survey Professor M Wooden

Towards sustainability: an analysis of the green consumer Dr A Paladino Effects of work-organisation changes on aged care residents and nurses Dr L Sargent

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

A cross country study on measures underlying inflation Dr L Song

Strategy and Decision-Making in Firms in Respect of Corporate Sustainable Development Professor D Samson

The legacy of job loss: hope or helplessness Dr L Waters

Finite Sample Behaviour of a Class of Instrument Relevant Statistics Dr C Skeels

Explaining the decline in the male employmentpopulation ratio Dr R Wilkins and Dr Y Tseng

Faculty Research Grants Multidimensional Screening Dr S Basov

Page 18

Addressing Lag Length Uncertainty in Structural Vector Autoregression Models Dr P Summers Equilibrium Foundations of Finance Dr R Raimondo

The British Navy’s 1888 Program Budgeting Reforms – key participants Mr P Cobbin

Approximations to the Sampling Distribution of the IV Estimator Dr C Skeels

Buyer-Supplier Interactions and Choice of Asset Specificity Dr N Erkal

Best Practice in Business Process Re-engineering in Australian Small to Medium Enterprises Dr M Terziovski

Econometric Estimation and Analysis of Global Distribution of Income Professor W Griffiths

Protégé-mentor agreement: the role of structural and experience aspects of the mentorship, personality and workload Dr L Waters

Evaluation of Alternative Approaches to Solving Large-Scale Macroeconomic Models Professor W Griffiths/Dr P Stemp The Historic Equity Premium in Australia Dr J Handley The Impact of New Technology on Australian Organisations Associate Professor W Harley/Professor C Hardy The Role of Language in Cross-National Mail Survey Research Dr A-W Harzing Multivariate Generated Regressors and Heteroskedacity in a Cross-Section: Extensions and Applications Associate Professor J Hirschberg/Associate Professor J Lye Globalisation and Economic Blocs Dr G Magee/Associate Professor S Jayashuriya

Is there a Graduate Earnings Premium for Students from Private Schools? Dr J Williams

Table 1 – Numbers of Students Enrolled in Faculty Courses (as at 31 March 2003) Course

International Students

Total Enrolments

BCom BCom (Hons) * BCom/BA BCom/LLB BCom/BIS BCom/BEng BCom/BEng (IT) BCom/BSc BCom/ BPC BCom/AgrSc BCom/Agr BCom/ForSc

1394 31 55 129 145 133 24 20 4 0 0 0

2447 179 753 687 653 558 70 343 30 17 16 3

Total Undergraduate

1935

5756

Diploma Masters (Coursework) Masters (Research) PhD

29 369 1 36

114 682 11 117

Total Postgraduate

435

924

2370

6680

PhD Theses Passed Donna-Maree Butigieg – A triangulated approach to the study of union commitment, participation and exit behaviour Tuan Shew Chng – How exchanges work Peter Fleming – Diogenes goes to work: culture, cynicism and resistance in the contemporary workplace Ben Jensen – Geographic inequality: neighbourhood externalities and education expectations Shireenjit Johl – Audit quality: Earnings management in the context of the Asian crisis

Logistics Outsourcing – A Status Report of Logistics Service Providers in Australia Dr S Moosa/Dr D Power

Joanna Loundes – An analysis of Australian firms’ performance

Inflation and Economic Growth: A Nonlinear Approach Associate Professor N Olekalns

Julia Mundy – Exploring the relation between management control systems and organisational learning

An Analysis of the Factors Affecting the Asset Recognition and Measurement Practices Adopted by Local Government Authorities in Australia Dr B Potter

Matthew Pinnuck – Do fund managers realise abnormal returns from trading on current period earnings information?

A Study of the Use of Internet-Based Technologies in Australian Fast Moving Consumer Goods (FMCG) Industries Dr D Power

Statistical Tables

Julian Yeo – Simultaneous estimation of the implied values of franked (tax-free) dividends, required rates of return and growth rates using a modified residual income valuation model

Total

* Includes combined degree students enrolled in B Com (Hons) with their other degree. Combined degree students taking honours in other faculties are included in the relevant combined degree figures.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 20

Table 2 – Teaching Load by Nature of Enrolment (full-time equivalent as at 31 March 2003) Australian subsidised

Level

International fee-paying

Table 5 – Number of Academic and General Staff by Department (equivalent full-time as at 31 March 2003)

Australian fee-paying

Total

Bachelors (Pass) Bachelors (Honours) Diploma Masters (Coursework) Masters (Research) PhD

1794 105 19 5 58

1490 29 21 304 1 35

295 6 51 149 – –

3579 141 73 472 6 93

Total

1982

1881

502

4364

Department Accounting & BIS Economics Finance Management MIAESR Faculty General

Total

Teaching & Research Full-time Casual

Research only Full-time Casual

General Staff Full-time Casual

25.6 37.1 18.0 34.0 2.0 4.0

4.5 11.1 4.5 9.9 0 0.1

0 0 0 2.5 20.2 1.0

0.7 1.0 0 1.1 0.2 0.0

9.0 14.4 6.7 11.2 3.2 32.3

0.8 0.6 0.7 2.5 1.3 4.1

120.7

30.1

23.7

3.0

76.8

10.0

* Components may not add to totals owing to rounding Notes – Full-time includes fractional full-time – Columns may not sum to totals owing to rounding

Table 3 – Teaching Load by Department (full-time equivalent as at 31 March 2003)

Undergraduate

Diplomas

Higher Degrees (C’wk)

Accounting & BIS Economics Finance Management

967 1315 647 778

4 17 14 38

89 66 138 180

9 33 10 43

1068 1431 810 1039

35.5 29.7 35.9 23.7

Total

3719

472

4364

28.9

Department

Notes: – Components may not add to totals owing to rounding – Data relate to enrolments in a subject irrespective of course – Totals include 4 Higher Degree Research in MIAESR – Undergraduate total includes 13 “Faculty general”

2003(August) 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992

OTHD

Total

3867 3793 3570 3264 3073 3147 2864 2621 2330 2124 2022 1737 1602

661 571 419 331 266 256 220 174 152 103 79 72 59

4528 4364 3989 3595 3439 3403 3084 2795 2482 2227 2101 1809 1661

Notes: – HD denotes Higher Degree – OTHD denotes “other than higher degree” – Business Law excluded

StudentStaff Total Ratio

Table 6 – Teaching-and-Research Staff by Category (full-time and fractional full-time as at 31 March 2003)

Category Professor Associate Professor / Reader Senior Lecturer Lecturer Other Total

Table 4 – Teaching Load,1992-2003 (as at March 31) Year

Higher Degrees (Research)

Number 23.0 23.6 29.5 40.0 4.6 120.7

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 22

Professor Jeff Borland Head, Department of Economics

Departmental Profiles

Professor Garry Marchant Head, Department of Accounting and Business Information Systems

The Department of Accounting and Business Information Systems The Department of Accounting and Business Information Systems, long-established as a premier educator in the field of accounting, offers an integrated approach to the teaching of accounting and the newly-emerging discipline of business information systems. The focus of many existing subjects is being changed to compliment the interrelationship between the two disciplines.

With a student load of over 1000 full-time equivalent students, the Department has a substantial undergraduate and postgraduate program, teaching across all areas of managerial and financial accounting, auditing and business information systems. The Department’s core undergraduate subjects are fully accredited by the professional accounting bodies. Formal agreement has been reached with a number of Universitas 21 universities for the transfer of credits for subjects in accounting. The Master of Applied Commerce (Accounting), introduced in 2003, is also fully accredited by the professional accounting bodies. The Department has a strong research profile. Its PhD program, comprising one year of coursework and two-year full-time thesis, is one of the most active and respected in the region. Several of the Department’s 30 academic staff currently hold ARC grants, and the newly-established Capital Marketbased Accounting Research Centre builds on the Department’s strength in studying the role of accounting information in the capital market.

Professor Rob Brown Head, Department of Finance

The Department of Economics

The Department of Finance

The Department of Economics at the University of Melbourne is the leading Economics department in Australia. It is a large Department – with 44 teaching and research staff. The Department includes the Centre for Actuarial Studies.

The Department of Finance has over 800 full-time equivalent students. There is a strong honours program with intake restricted to around 40 students. A suite of postgraduate programs is offered, ranging from the practitioner-oriented Master of Applied Finance to the more specialised Master of Commerce in Finance and PhD with coursework component.

The Department is committed to achieving the highest standards in research in economics and econometrics: by making contributions to international knowledge that are publishable in leading international journals, and undertaking international quality research on the Australian economy and economic policy issues. There is a strong emphasis within the Department on encouraging a good research culture and promoting collaboration. Major areas of research are: economic theory; econometric theory; microeconomic analysis and policy design; the Australian macro-economy; operation of financial markets; health and well-being; Asian economies and the economics of international trade and development; and economics education. The Department places a high value on its t eaching program and the quality of that program. Its objective is to offer excellent teaching in both undergraduate and graduate programs, to offer a set of subjects that meet the requirements of students and are up-to-date with developments in the disciplines of economics and econometrics, and to seek to be innovative in methods of teaching. Teaching covers the core areas of microeconomics, macroeconomics and quantitative methods/econometrics, as well as most other specialist areas such as monetary economics, game theory, development economics, environmental economics, and economic history. There is a long tradition within the Department of providing policy advice and expert opinions to government and private organisations. Members of the Department serve on government inquiries and boards, and undertake work for a wide variety of international agencies.

The Department is involved in continuing education and executive programs. During 2003 staff from the Department gave a series of lectures for members of the Australasian Institute of Banking and Finance. In association with the APEC Study Centre, the Department will be conducting a series of one-week training courses during 2004 for bank regulators and bankers from the APEC region. More generally, staff of the Department have strong professional links with practitioners and financial institutions. Current research interests of the staff span the field of finance and include asset pricing, derivatives, corporate finance, market microstructure, financial institutions, real estate finance and international finance. To support its research activities, the Department subscribes to a large number of financial databases, including Datastream, Bloomberg and IRESS. Twenty full-time academic staff are employed in the Department, and there is an ongoing program of international academics visiting the Department.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Professor Danny Samson Head, Department of Management

The Department of Management

Programs in the Department of Management provide an integrated management education and develop specialised knowledge in the subdisciplines of management. The sub-disciplines within the Department include human resource management, international management, marketing, organisational studies and operations management. The Bachelor of Commerce (Management) provides a special opportunity for undergraduate students to concentrate on management studies. This and our professional Masters level courses prepare people for careers as managers. The Department aims to develop in students, staff and other stakeholders, an understanding and capability in leadership and management processes in a variety of different organisations and sectors. Our teaching and research is of a high standard. The student load in the Department is over 1000 full-time equivalents. There are over 20 honours students and 60 students undertaking a PhD in a wide range of areas reflecting the diverse theoretical traditions and methodologies which comprise management. Full-time academic staff currently number 38.

The Melbourne Institute of Applied Economic and Social Research The Melbourne Institute is a research department of the Faculty of Economics and Commerce at the University of Melbourne. It was established in 1962 under the leadership of Professor Ronald Henderson, as the first research institute of its kind in Australia. It has had four Directors: Ronald Henderson, Peter Dixon, Richard Blandy and Peter Dawkins, the current director. In its 41 year history it has made many major contributions to economic and social research on Australia and contributed strongly to economic and social policy analysis and development. Under its current Director, Professor Peter Dawkins, its annual income has increased from just over $1m in 1996 to a budget of $9m in 2004.

Page 24

Professor Peter Dawkins Head, Melbourne Institute of Applied Economic and Social Research

It now has a staff of about 35 as well as 15 Adjunct Fellows. It operates in research areas including: – Labour Economics and Social Policy – Applied Macroeconomics – Applied Microeconomics including: • Industrial Economics • Economics of Health • Economics of Education As well as contributing strongly to the academic literature, the Melbourne Institute continues to expand and enhance its long-standing tradition of working closely with government, business and community groups. Major on-going clients and sponsors include the Commonwealth Department to Family and Community Services, the Reserve Bank of Australia, Westpac, ING, TD Securities and IP Australia (through the Intellectual Property Research Institute of Australia – a joint Institute of the Faculty of Economics and Commerce, the Faculty of Law and the Melbourne Business School). In addition the Institute conducts specific research projects for a range of clients from Commonwealth and State Governments and the private sector. The Melbourne Institute is the home of one of Australia’s leading academic journals in Economics, the Australian Economic Review, which has a strong policy focus and is of widespread interest beyond the academic community as well as inside academia. It also publishes the Mercer-Melbourne Institute Quarterly Bulletin of Economic Trends and the Australian Social Monitor, two other quarterly journals focussing on the Australian economy and the Australian society respectively, and aimed at broad audiences. It publishes regular economic indicator reports such as the Westpac-Melbourne Institute Indexes of Economic Activity and the Westpac-Melbourne Institute Consumer Sentiment Index. The Institute is also the home of Australia’s major household longitudinal survey of survey of Household Income and Labour Dynamics (HILDA), which is led by the Institute’s Deputy Director, Professor Mark Wooden, under a contract with the Commonwealth Department of Family and Community Services.

Centres in the Faculty The Centre for Actuarial Studies The Centre for Actuarial Studies offers students a professionally accredited actuarial program and is designated as a Centre of Excellence by the Institute of Actuaries of Australia. The Centre is located in the Department of Economics within the Faculty of Economics and Commerce. The Director of the Centre is Professor David Dickson. Graduates who obtain marks above prescribed levels in certain subjects can receive exemptions from the Institute of Actuaries of Australia and/or the Institute/Faculty of Actuaries (UK). The Centre also offers distance education. Staff within the Centre are active researchers with actuarial interests ranging from the more theoretical to the practical. Staff interests necessarily span the full spectrum of expertise required for professional accreditation, but the Centre is internationally known for its research in the areas of ruin theory, and financial mathematics. The Centre’s research is highly recognised on the international scene and adds strongly to the reputation of the Centre. The international links of the Centre are also evident with regular visits from leading academics and a number of students involved in exchange programs.

The Centre maintains strong links with the actuarial profession and related areas within Australia. These links are highlighted by the presence of high profile actuaries on the Centre's Advisory Board and the University of Melbourne Actuarial Foundation.

The Asian Economics Centre The Asian Economics Centre is located within the Department of Economics and serves as a forum for bringing together those with an interest in research on Asian economies and economic development issues. The Centre's objectives are to: – initiate and develop research into Asian economies and Australia-Asia economic relations, and build collaborative links and partnerships with Australian and international research groups engaged in similar research; – foster and promote informed discussion on the economics of Asian countries within academia, business and industry, the government sector and the wider public; – encourage and provide advice on the teaching of subjects related to economics of Asian countries at the undergraduate, graduate and continuing education levels. The Director of the Centre is Associate Professor Sisira Jayasuriya.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

The Economic Theory Centre The key objectives of the Centre are to facilitate international affiliations and international research linkages, including for research training, and to be a focus for external research funding in economic theory. The Director of the Centre is Professor Peter Bardsley. The Centre has a distinguished international Advisory Board.

The Centre for Microeconometrics

Page 26

The Melbourne Institute Centre for Business Cycle Analysis

The Euro-Australian Cooperation Centre (EACC)

The Melbourne Institute Centre for Business Cycle Analysis was established in 1992. The Centre is located within the Melbourne Institute of Applied Economic and Social Research. The Director of the Centre is Dr Don Harding.

The European Australian Cooperation Centre for Global Innovation Management (EACC) is located in the Department of Management. The Centre is concerned with research on global innovation management and sustainable development. The Director of the Centre is Associate Professor Milé Terziovski.

Research in the Centre has several broad aims, to: – be the leading organisation for business cycle research in Australia;

Located within the Department of Economics, the Centre for Microeconometrics is a focal point for research in microeconometrics. Its members, staff and PhD students drawn from the Department and the Melbourne Institute of Applied Economic and Social Research, are concerned with the development, evaluation and application of microeconometric methods. Branches of economics currently researched by the Centre include consumer expenditure analysis, environmental economics, labour economics, health economics, transport economics, measurement of inequality and poverty, and measurement of productivity and efficiency. Methodological research includes panel data methods and discrete choice modelling and estimation.

– undertake and publish informed and accurate analysis of macroeconomic fluctuations with particular reference to the Australian business cycle and the business cycles of Australia’s major trading partners;

The Centre hosts national and international visitors, holds regular workshops to discuss work in progress, and holds occasional conferences involving other researchers from within and outside Australia, including groups from industry and government departments.

The Australian Centre for International Business

The Director of the Centre is Professor Bill Griffiths.

The Centre for Macroeconomics The Centre for Macroeconomics is a joint centre of the Department of Economics and the Melbourne Institute of Applied Economic and Social Research. The main objective of the Centre is to foster research, research training, and teaching in macroeconomics at the University of Melbourne. The Centre seeks to: – facilitate international affiliations and international research linkages; – facilitate the training of research students; – be a focus for external research funding; – organise conferences and workshops; – encourage research-based policy advice. The Director of the Centre is Professor Ian McDonald.

– gather, analyse and publish information on consumer sentiment, inflationary expectations and voting intentions through its survey of consumer sentiment; – undertake research into consumer sentiment, inflationary expectations and voting intentions with particular focus on the links to the business cycle; – attract financial support from both the private and public sectors to support the research carried out in the Centre.

The Co-Directors of the Australian Centre for International Business are Associate Professor David Merrett and Associate Professor Howard Dick. The Centre is a member of the Pacific Asia Consortium for International Business Education and Research (PACIBER) and the Australia-New Zealand International Business Academy (ANZIBA). The Centre is eclectic in its interdisciplinary areas, studying strategy, human resource management, industrial relations, corporate history, accounting, finance, organisational behaviour and marketing. Members of the Centre also have specialist area expertise, particularly on Asia and the European Community. The research objectives of the Centre are to initiate and develop leading edge research in international business and to act as a mechanism for coordinating research activities, including collaborative research projects, with industry and government both in Australia and overseas. The Centre is committed to assisting the education of undergraduate and graduate students in international business. It also conducts executive short courses for business.

The Centre has an Advisory Board drawn from industry and has strong links with Australian government departments and the private sector. The Centre carries out research funded by the Australian Research Council (ARC) and the Department of Education Science and Training (DEST), and undertakes contract and joint project research with collaborators through the European Union research framework programme.

Foundation for Sustainable Economic Development The Operations Management area hosts the Foundation for Sustainable Economic Development. The Foundation was established in 2000 with a mission to create and disseminate research to increase the awareness and effectiveness of management practices that deliver better organisational performance and less wasteful products and processes. The Foundation has produced a number of research papers and commissioned reports. These range from a report on Strategic Management and business performance for the Australian Stock Exchange to a paper on investment and industrial relations for Industrial Relations Victoria. The Foundation also published The Collaborative Games in 2001. In this book, author Tony Webb analysed the organisation of the Sydney Olympics, uncovering the collaboration and frameworks which ensured this massive project was a success.

The Centre for Human Resource Management The Centre researches Human Resource Management and Employment Relations in the Asia-Pacific region, North America and Europe. In line with its international outlook, the Centre encourages collaborative research projects with leading overseas universities and arranges research of international scholars in the fields of Human Resource Management and Employment Relations. The Centre also works with Australian businesses and government institutions on both collaborative and consultative projects and facilitates research opportunities with the professions, employers, trade unions and governments (including government departments).

Research findings are disseminated through academic publications, working papers, seminars and conferences.

The International Centre for Research in Organisational Discourse, Strategy and Change The International Centre for Research in Organisational Discourse, Strategy and Change was launched in 2001 with the aim of establishing itself as a world leader in organisational discourse. The Centre is located in the Department of Management and headed in Melbourne by Professor Cynthia Hardy. From the original four institutional partners -- the University of Melbourne, the University of Sydney (Department of Work and Organisational Studies), McGill University (Centre for Strategy Studies in Organisations) and King's College, University of London (The Management Centre), the Centre has grown to include the Judge Institute at the University of Cambridge, Leicester University, Lund University and Texas A & M University. The Centre's objectives are to: – establish a leading group of world class scholars in organisational discourse in order to facilitate research on organisational discourse, strategy and change; – encourage collaborative research projects among leading universities in the field of organisational discourse; – disseminate research findings on discourse analysis and its applications through academic publications, seminars and conferences; – facilitate research and teaching interchanges among scholars who work in this area; – increase opportunities for researchers interested in discourse analysis to interact through specific initiatives, such as workshops, conferences, etc; – facilitate collaborative links regarding research and postgraduate training in the field of organisational discourse.

Intellectual Property Research Institute of Australia The Intellectual Property Research Institute of Australia is a collaborative centre of the Faculty of Law, the Faculty of Economics and Commerce, and the Melbourne Business School. It has core funding from IP Australia. The Director of the Institute is Professor Andrew Christie, Faculty of Law and the Associate Director from the Faculty of Economics and Commerce is Dr Elizabeth Webster.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 28

generic pic here

Mr Irving Rockman, Chairman, Regency Hotels

Higher Education

Mr Irving Saulwick, Managing Partner, Irving Saulwick and Associates

Professor Max Corden AC, University of Melbourne

Mr Peter Scanlon, Company Director

Mr Robert Champion de Crespigny AC, Chancellor, University of Adelaide

Mr Asgari Stephens, Company Director, Malaysia Ms Tan Lei Cheng, CEO, Tan & Tan Developments Berhad, Malaysia Mr Chris Thomas, Managing Partner Melbourne, Egon Zehnder

Professor Robert Gregory AO, Head, Division of Economics and Politics, RSSS, Australian National University

Mr Brian Watson, CEO, Georgica Associates

Professor Gerry Griffin, Monash University

Mr Eu Ming Yeow, Minolta Marketing, Malaysia

Professor Ross Guest, Graduate School of Management, Griffith University

Mr Peter Yates, CEO, PBL

Graduates of the Faculty Graduates of the Faculty over the last 75 years have been leaders in business, public policy and academia. Below is a list of current prominent alumni.

Business Ms Elizabeth Alexander, Partner, Price Waterhouse Mr Philip Brass, Chairman, Rothschild Australia

Ms Gloria Ewe Gim Goh, Partner, Arthur Anderson, Malaysia Mr Charles Goode AC, Chairman, ANZ Bank Ms Merran Kelsall, Director, BDO Nelson Parkhill Mr David Kingston, Executive Director, N.M. Rothschild Mr Ananda Krishnan, Company Director, Malaysia

Public Service

Professor Geoff Harcourt AO, Cambridge University

Mr John Brumby, Treasurer, Minister for State and Regional Development, and Minister for Innovation, Victorian Government

Professor Keith Houghton, Dean, Faculty of Economics and Commerce, ANU

Mr Michael Carmody, Australian Commissioner of Taxation Ms Patricia Faulkner, Secretary, Department of Human Services, Victoria Senator Rod Kemp, Minister for the Arts and Sport, Australian Government Ms Jenny Macklin, Deputy Leader of the Federal Labor Party and Shadow Minister for Employment, Education and Training

Mr Tony Burgess, Head, Corporate Finance, Deutsche Bank AG

Mr Leon L'Huiller, Company Director

Mr Ross Cameron, Director, AMCOR

Mr Alwyn Lim, Certified Public Accountant, Singapore

Mr Terence Campbell, Executive Chairman, JB Were & Son

Dato' Jimmy T.C. Lim, CEO, AMCORP, Malaysia

Professor Susan Richardson, President, Academy of Social Sciences in Australia

Mr Mark Chiba, CEO, UBS-Warburg, Japan

Mr Alistair Lucas, Chairman, Investment Banking, Macquarie Bank

Dr Garry Sampson, Senior Advisor, World Trade Organisation, Geneva

Mr Gary Morgan, Executive Chairman, Roy Morgan Research

Professor Judith Sloan, Commissioner, Productivity Commission

Mr Hugh Morgan AC, President, Business Council of Australia

Khun Mechai Viravaidya, Chairman, Population and Community Development Association, Thailand

Khun Nukul Prachaubmoh, Chairman, First Asia Securities, Thailand

Mr Ian Watson, Deputy President, Australian Industrial Relations Commission

Mr James Riady, Deputy Chairman, LIPPO, Indonesia

Dr Lynne Williams, Deputy Secretary, Victorian Department of Innovation, Industry and Regional Development

Ms Penny Chong, Program Manager, Marketing Operations, IBM, Malaysia Mr Dick Chan Teik Huat, Managing Director, Metroplex Berhad, Malaysia Mr Esmond Choo, Executive Director, RHB-Cathay Securities, Singapore Mr Bill Conn, Company Director Mr Laurie Cox AO, Director, Macquarie Bank Mr David Crawford, Company Director

Ms Nicola Scott, Manager, Financial Accounting, ANZ

Professor Jane Godfrey, Head, Department of Accounting and Finance, Monash University

Datoâ&#x20AC;&#x2122; Mustapa Mohamed, Executive Director, National Economic Action Council of Malaysia

Professor Ross Williams, Commonwealth Grants Commission

Professor Joe Isaac AO, Department of Management, University of Melbourne Professor Carrick Martin, Deputy Vice-Chancellor, Macquarie University Professor Fred McDougall, Executive Dean, Faculty of the Professions, University of Adelaide Professor Bill Norton, Director, Centre for Money, Banking and Finance, Macquarie University Professor Stuart Leech, Department of Accounting, University of Melbourne Professor Paul Rizzo, Director, Melbourne Business School Professor Terry Shevlin, Professor of Accounting, University of Washington Professor Rae Weston, Professor of Management, Macquarie University Professor David Vines, Department of Economics, Oxford University Professor Tom Weyman Jones, Loughborough University Hon. David White, Council, University of Melbourne

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 30

Commerce Alumni Society Report 2003 The University of Melbourne Commerce Alumni Society (UMCAS) began in 1990 as a way for former Commerce students to keep in touch with the Faculty, with the University and with each other. The UMCAS committee works closely with the Faculty to develop these associations through mailouts, programs and events that are open to all Commerce alumni and Faculty staff. A number of events were held in the last twelve months, and further functions are planned in 2004. Late in 2003, an alumni event was co-hosted with accounting firm Deloitte Touche Tohmatsu where a talk was given by entrepreneur Bill Lang on Achieving Career and Enterprise Success (a copy of the speech is available at www.enterprising. com.au/speeches.htm). The 130 people attending were enthralled by Bill’s recounting of his early experiences, and his advice for students and alumni at the beginning their careers. Graduation year reunions are organised from time to time and an annual reunion lunch is held at the University for Commerce alumni who graduated more than 45 years ago. Other functions held in 2003 included a group booking to see The Visit at the Melbourne Theatre Company and an on-campus barbecue for final year students. The barbecue introduces completing students to the Alumni Society and encourages students that are leaving to keep in touch with the University. Successful alumni events were also held in Taipei, Hong Kong and Singapore.

UMCAS provided a $2000 scholarship to a final year Commerce student through the generous donations of alumni. If you would like to make a donation, or find out more about UMCAS, please contact Susan McPharlin, Executive Officer (Development) on +61 3 8344 2167 or email s.mcpharlin@unimelb.edu.au. Information on developments in the Faculty and news of alumni events are included in the newsletter Alumni News which is mailed by the Faculty to all Commerce graduates who have elected to receive it. Alumni functions are held throughout the year for the benefit of alumni and friends. Listings will appear on the www.ecom.unimelb.edu.au/ alumni/alumni.html web site, or in the Alumni News. We hope to see you at one of our events in 2004. Steven Zigomanis President UMCAS Pictured above from left to right Commerce Alumni Society Committee Members 2003: Standing – Ghislaine Lowry, Ross Cameron, Steven Zigomanis, Rochelle Lucas,Vikram Panchal and Malcolm Anderson. Sitting – John Meehan, James Gibcus, Clare Cummins and Chris Warrell.

People in the Faculty Dean and Associate Deans Dean Professor Margaret Abernethy Deputy Dean Professor Garry Marchant Associate Dean (Graduate Studies) Professor Robert Widing Associate Dean (International) Professor Nasser Spear Associate Dean (Research) Associate Professor Guay Lim Associate Dean (Undergraduate Studies) Associate Professor Christine Brown

Department of Accounting and Business Information Systems Head of Department and Professor of Accounting MARCHANT, GARRY: BCom UNSW, AM, PhD Mich Research Interests: Management control systems, strategic cost management, performance measurement, strategy implementation, organisational learning and management decision making. G.L. Wood Professor of Accounting SPEAR, NASSER: BEc (Acct) Syria, MS (Acct), PhD NTexas, FCPA CMA Research Interests: Capital markets-based research, international financial reporting, contracting research, initial public offerings, security valuation, accounting for extractive industries.

> Dean, Faculty of Economics and Commerce and Professor of Accounting ABERNETHY, MARGARET: BEc(Hons), PhD LaTrobe Research Interests: Strategy and design of control systems, management control in hospitals, costing and performance measurement systems in manufacturing and service industries. Professor of Accounting and Business Information Systems FERGUSON, COLIN: BBus Swin, DipEd SCV, MEc NE, GradDipComp Deakin, ACA, FCPA, AAIM, MACS Research Interests: Business information systems, business forensics, economics of auditing and auditor behaviour. Professor of Accounting and Business Information Systems LEECH, STEWART: BCom, MEc Tas, FCA, FCPA, MACS PCP Research Interests: Accounting information systems, decision making in corporate recovery, intelligent decision aids, enterprise resource planning systems.

FoE+C Annual Report 2003 Final 2

27/4/04

Associate Professors COLLIER, PHILIP: BSc (Hons) Hull, MSc Essex Research Interests: Intelligent decision support, case-based learning, assimilation of information systems, corporate recovery, automative industry.

DAVERN, MICHAEL: BCom (Hons) Tas, PhD Minn Research Interests: Information valuation and use, decision technologies, revenue yield management, behaviour in information environments. LILLIS, ANNE: MCom, PhD Research Interests: Performance management in complex settings including health care networks and flexible manufacturing firms, performance impact of corporate downsizing. SCHULTZ, AXEL: BCom (Hons), MCom, PhD UNSW Research Interests: Management accounting, behavioural accounting. Senior Lecturers COBBIN, PHILLIP: BBus RMIT, MCom (Hons), BEd, MEd, DipEd SCV Research Interests: Market for audit services, history of accounting and audit, accounting education history. CORAM, PAUL: BEc(Acc) Flin, GradDipEd Adel, MAcc WAust, CA Research Interests: Audit quality, behavioural research in assurance and financial accounting, accounting education. DILNUTT, ROD: BA, DipEd LaTrobe, PGradDip (Computer Science) Monash, MBA Deakin, DBA Southern Cross

1:15 PM

Page 32

PINNUCK, MATTHEW: BCom (Hons), PhD Research Interests: Financial accounting, behaviour of fund managers.

HRONSKY, JANE: BBus, MCom (Hons), PGradDipBus Curtin Research Interests: Audit judgement, communication issues in financial and audit reporting.

POTTER, BRAD: BCom (Hons), PhD Deakin, CPA Research Interests: Contracting research, accounting for public sector entities, international financial reporting, the development of financial reporting regulation.

LEE, MICHAEL: BEc (Hons), MCom (Hons) Monash, GradDipAppFin&Invest SIA, FSIA Research Interests: Enterprise resource planning systems, performance management design, business case evaluations, project management implementation.

SMITH, DAVID: BCom (Hons) LaTrobe, PhD Monash Research Interests: Management accounting, behavioural accounting.

LEE, RICHARD: BEc Monash, DipEd SCV Research Interests: Financial reporting, accounting policy choice, executive compensation, accounting education.

WISE, TREVOR: MCom Auck, PhD, CPA ACA NZ, CMA NZ Research Interests: Accounting theory, financial accounting. WYATT, ANNE: BCom (Hons) USQ, PhD UTS Research Interests: Financial reporting issues in relation to intangible investment and intellectual property, links between innovation and technology conditions and the financial reporting framework and practice, initial public offering firms' financial reporting incentives, and financial analyst role in capital markets. YEO, JULIAN: BCom (Hons), MFin UWA, PhD Research Interests: IPOs, voluntary disclosure, analysts' forecasts, valuation. Lecturers GRAFTON, JENNIFER: BCom (Hons), PhD Research Interests: Management control system design and use in the not-for- profit sector, the design and control of interorganisational networks, performance management and research methods. HALL, MATTHEW: BAcct (Hons), GradCertHighEd Monash Research Interests: Behavioural effects of performance measurement, professional commitment of accountants, approaches to learning of accounting students.

MORONEY, ROBYN: BEc (Hons) LaTrobe, MCom (Fin) Research Interests: Industry specialisation, behavioural decision theory, the economics of audit. PARKES, ALISON: BCom Wâ&#x20AC;&#x2122;gong, MBS (Hons) Massey Research Interests: Decision support, reliance measurement. RAZEED, ABDUL: BCom (Acc/ InfoSys) (Hons) Murdoch, ASA Research Interests: Financial accounting, public sector accounting, accounting information systems. TAYLOR, SARAH: BCom (Hons) Syd Research Interests: IPOs, voluntary disclosure, analysts' forecasts, audit quality and non-audit services. THOMSON, GENEVIEVE: BA, BBus Bendigo, MBA Deakin, PhD, CPA Research Interests: Strategy and design of management control systems, performance measurement in knowledge creation firms. WILKIN, CARLA: BCom (Hons), PhD Deakin, MACS, MACM Research Interests: Stakeholder perceptions re: IS effectiveness, measuring benefits in e-Commerce, system development methodologies. Teaching Scholars BOYS, NOEL: BBus RMIT, GradDipEd HawInst, GradDipEd LINGGO LIONG, JOANA: BCom

Senior Tutors COMERFORD, RICHARD: BCom Research Interests: Accounting education. CONSIDINE, BRETT: BCom (Hons) Research Interests: Accounting information systems, REA accounting, audit. DOWLING, CARLIN: BCom (Hons) Tas Research Interests: The effect of organisational factors on decisionaid use, the impact of information technologies on organisational and individual behaviour, accounting education. STAMATELATOS, ANNA: BSc, DipEd, BEc, BBusAcc (Hons) Monash, CMA, CPA Research Interests: Management accounting, financial accounting capital markets, accounting education.

Principal Fellows ARNOLD, VICKY: BA, MBA, PhD Arkansas Research Interests: Individual decision making, accounting information systems, use of decision aids, expert systems and KBS on decision making, assurance services. BURROWS, GEOFFREY: MCom, DipEd, FCPA Senior Fellows ALFREDSON, KEITH: BCom Qld BOUWENS, JAN: MFin, PhD Tilburg Research Interests: Performance measurement systems. ROBERTS, ELIZABETH: BA, MCom, PhD Fellows LESLIE, STEWART: BCom, FCA

Professors Emeritus NICOL, ROBERT: BEc Syd, MBA, PhD Calif, FCPA

Administrative Staff BERNARDE, RENATA Position: Research Officer

WRIGHT, KENNETH: BMetE, DCom, FASA, FASSA, FAIM

CROSER, REBECCA: BDes South Aust, GradDipArts Position: Administrative Assistant

Professorial Fellows EASTON, PETER: BAgSc, BEc Adel, DTTech Torrens, DFinMgmt New England, PhD Calif Research Interests: Financial statement analysis and equity security valuation and the estimation of the expected rate of return on equity investments. FRANCIS, JERE: BSc Drake, MSc Minn, PhD, DEcon New England Research Interests: Economics of auditing, the effect of auditing on the quality of financial reporting, corporate governance, international accounting. SUTTON, STEVE: BSA, MA, PhD Missouri Research Interests: Accounting information systems and assurance, impact of KBS on individual decision making and on user knowledge acquisition/ learning, IS assurance, business risk in B2B e-Commerce relationships, risk analysis in supply chains.

KOVACEVIC, NATASHA: BBus RMIT Position: Budget & Resources Officer MCNAMARA, KERRY Position: Administrative Assistant PEDLEY, SARAH: BA (Hons), DipItal(Teaching) Perugia Position: Administrative Officer QUIN, DANIEL: BSc (Hons) Position: Administrative Officer RUSSELL, PATRICIA: BA, DipEd Position: Department Manager VASSILEV, SPASSIMIR: BSc, DipCompSci Position: Systems Support Officer WONG, BILLY: BInfoTech, MInfoSys CQU Position: Systems Support Officer (J.D. Edwards)

Department of Finance Head of Department and Professor of Finance BROWN, ROBERT: MEc Syd, FCPA, AAIBF (Snr) Research Interests: Interest rate swaps, management and regulation of financial intermediaries. Deputy Head of Department and Professor of Finance KOFMAN, PAUL: MEc, PhD Erasmus Research Interests: Quantitative finance, regulation of financial markets. Commonwealth Bank Group Professor of Finance DAVIS, KEVIN: BEc (Hons) Flin, MEc ANU Research Interests: Financial institutions management, treasury management, financial engineering, corporate financial policy, financial markets. Professor of Finance WHEATLEY, SIMON: MA (Hons) Aberdeen, MA S Fraser, PhD Rochester Research Interests: Investments, international finance. Associate Professors BROWN, CHRISTINE: MSc, DipEd, PhD Research Interests: Derivative pricing, security design, financial institutions management. SAWYER, KIM: BSc UWA, MEc, PhD ANU Research Interests: Finance theory, quantitative finance. SCHWANN, GREG: BA (Hons) Queens, MA (Ec), PhD UBC Research Interests: Real estate finance, real estate economics. Senior Lecturers HANDLEY, JOHN: BCom, BMath Newc, MCom (Hons), PhD, ASIA Research Interests: Corporate finance, security design, cost of capital , corporate valuation.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 34

LAMBA, ASJEET: BA (Hons) Delhi, MBA Mich, PhD Wash, CFA Research Interests: Market structure, liquidity and efficiency, insider trading, valuation, IPOs.

MAHESWARAN, KRISHNAN: BEc (Hons) LaTrobe, MCom (Hons) Research Interests: Asset pricing and consumption, term structure of interest rates.

OTCHERE, ISAAC: BScAdmin Ghana, MA, MMS Carleton, ICA Ghana, PhD Tas Research Interests: Corporate payout policies, mergers and acquisitions, privatization, index changes.

O’CONNOR, IAN: BBus Chisholm, MAcc RMIT, CPA, AAIBF (Snr) Research lnterests: Volatility forecasting, option pricing, value at risk. SCOTT, CALLUM: BSc (Hons) Edin, BA Open, GradDipEd Dundee, GradDipCInfSc, MSc VUT Research Interests: Applications of artificial neural networks, learning in financial markets. ZENG, QI: BS SJTU, MS Academia Sinica, MS UIC, PhD Penn Research Interests: Asset pricing.

34 PINDER, SEAN: BCom (Hons) Monash, PhD Newc, AAIBF (Snr) Research Interests: Pricing of derivative securities, corporate finance practices, mergers and acquisitions.

Tutor PANCHAL, KUNAL: BCom (Hons) Research Interests: Mergers and acquisitions. Senior Fellows COCKS, GRAHAM: MEc Syd, MStat Flor, MSc Brad

Lecturers BROWN, RAYNA: BA Macq, MCom (Hons), PhD, AAIBF (Snr) Research Interests: Management of financial intermediaries, regulation, efficiency.

INGWERSEN, MICHAEL: BEc Monash, MBA

BUCHANAN, BONNIE: BSc (Hons) UNSW, MAppSc RMIT, PhD Georgia Research Interests: International finance, law and finance, corporate governance.

Fellow ROBINSON, DAVID: BAdmin(Ec) (Hons) Griffith

CHANG, XIN: BA Tsinghua, MPhil PBOC, PhD HKUST Research Interests: Corporate finance, investment. GYGAX, ANDRE: lic oec HSG St. Gallen, MSc, MBA Colorado, PhD Research Interests: Industrial organisation, entrepreneurial finance, decision analysis. HUI, SANDRA: BCom ANU, MFin RMIT Research Interests: Modelling of credit risk and corresponding risk management, interest rate markets.

SWEENEY, MARY: BCom, DipEd, GradDipSS RMIT, GradDipCDP RMIT, MCom, PhD

ERREY, ROBERT: BBus SAIT, GradDipStats Canberra CAE, MBA UWA, MCom Research Interests: Financial aspects of marketing management. Visiting Professors BONSER-NEAL, CATHERINE: BA Indiana, PhD Chic Research Interests: International finance. KESTER, GEORGE: BBA Wake Forest, MBA UNC, DBA Darden Research Interests: Managerial finance. NEAL, ROBERT: BGS Mich, PhD Chic Research Interests: Risk management, derivatives, investment management, market microstructure.

STAPLETON, RICHARD: BA (Hons) Shef, BMath Open, PhD Shef Research Interests: Interest rate models and the pricing of interest rate derivatives, portfolio theory given background risk, option pricing theory and techniques. SUBRAHMANYAM, MARTI: BoT IIT, PGDBA IIM, PhD MIT Research Interests: Corporate finance, market microstructure, derivatives. Administrative Staff BARBEROGLOU, SILVIA Position: Academic Liaison Officer CAREY, ROBIN: BSc (Econ), MA (Econ) Calif Position: Executive Assistant & Financial Services Officer DIXON, HELEN Position: Student Services Officer MOIR, WENDY: BAppSc (InfoTech) (Hons) CSturt Position: IT Support and Web Developer MURRAY, ANNMAREE: BAppSci (PhysEd) VUT Position: Academic Liaison Officer SARKIES, ALLISON: BEc Monash Position: Department Manager VELLA, JULIEANNE: Position: Administrative Assistant

Department of Economics Head of Department and Professor of Economics BORLAND, JEFF: MA, PhD Yale, FASSA Research Interests: Operation of labour markets in Australia, theories of labour market activity, economics of sport. Professors of Economics BARDSLEY, PETER: BSc (Hons) ANU, PhD Durh Research Interests: Economic theory, mathematical economics, game theory, information and strategic behaviour, organisational design and theory of the firm, theoretical finance. FREEBAIRN, JOHN: MAgrEcon NE, PhD Davis, FASSA Research Interests: Taxation reform, labour economics, especially employment, infrastructure pricing and investment. KING, STEPHEN: BEc (Hons) ANU, MEc Monash, AM, PhD Harv Research Interests: Regulation and competition policy, privatisation, industrial organisation, microeconomic theory. McDONALD, IAN: BA (Hons) Leic, MA Warw, PhD SFraser, FASSA Research Interests: Macroeconomics, labour economics. TOURKY, RABEE: BEc (Hons), PhD Qld Research Interests: Economic theory, general equilibrium theory, economic behaviour under uncertainty. Truby Williams Professor of Economics CREEDY, JOHN: BSc Brist, BPhil Oxford, FASSA Research Interests: Income distribution, public economics, labour economics, history of economic analysis. Professors of Econometrics GRIFFITHS, WILLIAM: BAgEc (Hons) UNE, PhD Illinois, FASSA Research Interests: Markov chain monte carlo techniques, imposing inequality constraints in systems of equations, finite sample inference for nonlinear functions of parameters, and model selection.

MARTIN, VANCE: BEc (Hons), MEc, PhD Monash Research Interests: Econometrics, time series analysis, monetary economics, macroeconomics. Readers/Associate Professors CAMERON, LISA: BCom (Hons), MCom (Hons), PhD Prin Research Interests: Development economics, Asian economics, applied econometrics, experimental economics. DIXON, ROBERT: BEc (Hons) Monash, PhD Kent Research Interests: Macroeconomics, industrial economics, Marxian economics, regional economics. HIRSCHBERG, JOSEPH: MA Calif, PhD SCalif Research Interests: Electricity demand/rates, labour discrimination, demand analysis, cluster analysis. JAYASURIYA, SISIRA: BEc (Hons) Ceylon, MEc, PhD ANU Research Interests: Macroeconomics, agricultural economics, development economics, international trade and capital, and international political economy. LIM, GUAY: MEc Adel, PhD ANU Research Interests: Modelling the behaviour of exchange rates, risk and volatility, estimating option pricing models, financial econometrics, international monetary economics. LYE, JEANETTE: MA, PhD Cant Research Interests: Non normal distributions, applications of multimodality, modelling of exchange rates, theory and application of non linear models, general applied econometrics. MacLAREN, DONALD: BSc(Agr) (Hons) Aberd, MS, PhD Cornell Research Interests: Agricultural trade policy, agriculture and the World Trade Organisation, the I-O structure of international commodity markets.

NORMAN, NEVILLE: BCom (Hons), MA, PhD Camb Research Interests: Industrial pricing as influenced by tariffs, exchange rates and world price movements, health economics, trade practices economic issues and the economics of e-commerce. OLEKALNS, NILSS: BEc (Hons) Adel, MEc ANU, MA WOnt, PhD LaTrobe Research Interests: Macroeconomics, applied econometrics. Senior Lecturers AMITI, MARY: BEc (Hons) LaTrobe, MSc LSE, PhD LSE Research Interests: International trade – theory and empirical, new economic geography – trade policy and industrial location. FARRELL, LISA: PhD Keele Research Interests: Microeconometrics, lotteries and gambling, child expenditure patterns, risk and uncertainty. GANGADHARAN, LATA: BA Hindu College, MA Delhi School of Eco, PhD SCalif Research Interests: Environmental economics, experimental economics, applied econometrics, applied microeconomics. HENRY, OLAN: BA (Hons) Dub, MA, PhD Reading Research Interests: Econometric modelling and forecasting of asset market volatility, term structure modelling, the inflation hedging characteristics of property and property serviced in the U.K.. MAGEE, GARY: BA Monash, BEc (Hons) LaTrobe, DPhil Oxford Research Interests: Economic history, industrial economics, the determinants and nature of entrepreneurship and innovation, economics of technological change, international economics. SHIELDS, KALVINDER: BA (Hons), MA Reading, PhD Leicester Research Interests: Econometric modelling of the dynamics of emerging Eastern European financial markets, survey-based expectations in macroeconomic models forecasting, sectorial disaggregation data in applied macroeconomics.

FoE+C Annual Report 2003 Final 2

27/4/04

SHIELDS, MICHAEL: BA (Hons) Staffordshire, MSc Health Uni of NY, PhD Leicester Research Interests: Economics of immigration, economics of labour market discrimination, labour market for medical professions. SKEELS, CHRISTOPHER: BEc (Hons), PhD Monash Research Interests: Econometric theory. SMITH, RHONDA: BCom (Hons), MA (Hons) Research Interests: Economics of trade practices, economic policy towards industry.

STEMP, PETER: BA (Hons), PhD ANU Research Interests: Macroeconomics, monetary economics, economic policy issues, financial economics. Lecturers and Research Staff BASOV, SUREN: MA New Economic School (Moscow), DipEng (Physics), PhD Boston Research Interests: Economic theory, mathematical economics, contract theory, industrial organisation, labor economics. CHANG, HSIAO-CHUAN: BA National Chengchi, MSc Iowa, PhD ANU Research Interests: Trade, productivity growth and wage dispersion in general equilibrium in a small open economy. CHOU, YUAN: AB William and Mary, MA, MPhil, PhD Yale Research Interests: Macroeconomics, development economics, labour economics. CLARKE, ANDREW: BA, MEc Syd, PhD McMaster Research Interests: Labour economics, macroeconomics, econometrics. EDMOND, CHRIS: BA, BEc QLD, MA, CPhil UCLA Research Interests: Macroeconomics, monetary economics, asset pricing. ERKAL, NISVAN: MA Macalester College, MA, PhD Maryland Research Interests: Industrial organisation, microeconomic theory.

1:15 PM

Page 36

HARRIS, DAVID: MEc James Cook, PhD Monash Research Interests: Time series analysis.

Administrative Staff BANFORD, ALISON Position: Coordinator Academic Support Services

RAIMONDO, ROBERTO: Laurea Milan, PhD Mathematics State University of New York, PhD Berkeley Research Interests: Economic theory, financial economics.

DANG, BAO: BAcc, BComp Monash Position: Manager, System Support

WILLIAMS, JENNY: BEc ANU, MEc, PhD Rice Research Interests: Microeconometrics, health economics. Professorial Fellow GANS, JOSHUA: BEc Qld, PhD Stanford Principal Fellow DOWLING, JOHN MALCOLM: BA, MA, PhD Pittsburgh IRONMONGER, DUNCAN: MCom, PhD Camb JENNINGS, VICTOR: BEng, OBE NIEUWENHUYSEN, JOHN: MA Natal, PhD London, FASSA Senior Fellow WAECHTER, TREVOR: BEc (Hons), MSc Adel, PhD Cantab WILLIAMS, LYNNE: BA, MA, MSc LSE, PhD Monash

GOULETSAS, PERSEFONI Position: Coordinator Administrative Support Services HADDAD, LEONIE: AdvDipBus Position: Financial and HR Operational Support KHAN, NAHID: MCom, MSocSci (Econ), BSocSci (Hon Ec) UDhaka Position: Tutor Coordinator and Undergraduate Support Officer LEONG, COLEMANN: CBE&ACE RMIT, PGradDipCompSci Swin Position: Web and System Support Officer LO, VICTOR: BEng (Geomatics) UNSW, GradDip (IT) Swin Position: Web Development Officer LOCHRAN, MARGARET Position: Department Web Page Administrative Support LOMBARDO, ROSEMARY Position: Front Office Supervisor

JAFFER, SUE: BSc, MA

MACKINNON, LESLEY: RN, RM NNPC, DipSocSci (Welfare), Bachelor Health Sciences (Nursing Post Registration) Position: Administrative Support Officer, Distance Education

MORRIS, NICK: MA (Hons), MPhil Oxford

MCCARROLL, NATASHA Position: Administrative Officer

PORTER, MICHAEL: BEc (Hons) Adel, PhD Stanford

MILLERICK, CHERIE: BA Syd Position: Departmental Manager

TERRILL, DANIEL: BA, PhD

NEWELL, COLIN: BA Deakin Position: Administrative Assistant to the Head of Department

Fellow HARPER, MARGORIE: MA

Professor Emeritus CORDEN, WARNER MAX: BEc, PhD LSE, FASSA LLOYD, PETER: MA Vic NZ, PhD Duke, FASSA PERKINS, JAMES: MA, PhD Camb, MCom, FASSA

SCHERER, HEIDI: ADipBus Holmesglen Position: Academic Support Services VANCUYLENBERG, ANUTHEIA SANJEEVA: DipTech (Computing) Holmesglen TAFE Position: Web & Systems Support Officer

Centre for Actuarial Studies Director of the Centre DICKSON, DAVID: BSc (Hons), PhD Heriot-Watt, FFA FIAA Research Interests: Aggregate claims distributions, renewal risk processes, recursive methods in risk theory. Professor of Actuarial Studies DUFRESNE, DANIEL: BSc (Hons) Montreal, PhD The City Uni London, FSA Research Interests: Financial mathematics, actuarial science and probability.

Department of Management Professor and Head of Department SAMSON, DANNY: BE (Chem) UNSW, PhD AGSM, UNSW Research Interests: Business competitiveness drivers, operations strategy, risk management, sustainable development, e-business, decision making under uncertainty. Professors

MCELLIN, EDWARD: BA, MA Arizona, ASA, MAAA Research Interests: Healthcare plan design and cost analysis, asset/liability management techniques, long term care cost analysis, credibility theory. Professorial Associate TAYLOR, GREGORY: BA, PhD, FIA, FIAA, FIMA, C Math, AO Research Interests: Loss reserving, capital management, multivariate pricing. Senior Fellows GRIBBLE, JULES: BSc (Hons), PhD St Andrews, FIAA, FCIA, FSA HARSLETT, GRANT: BSc (Hons) Adel, FIA, FIAA, ASA TRUSLOVE, ALLEN: BSc (Hons), PhD Monash, MBA Deakin, FIAA, FIA Administrative Staff MACKINNON, LESLEY: RN, RM NNPC, DipSocSci (Welfare), Bachelor Health Sciences (Nursing Post Registration) Position: Distance Education Administrator, Actuarial Studies

HARZING, ANNE-WIL: BA Hogeschool Enschede, MA Maastricht, PhD Bradford Research Interests: HQ-subsidiary relations, international HRM, crosscultural management, the role of language in international business, the impact of culture on student learning styles. LUKAS, BRYAN: MBA Nebraska, PhD Memphis Research Interests: Strategic marketing (brand strategy & product innovation strategy), brand valuation, marketing-finance interface, international marketing.

Senior Lecturer FITZHERBERT, RICHARD: BSc (Hons) Syd, FIAA, FIA, ASIA Research Interests: Stochastic investment models, investments. Lecturers LIM, HYE-SUN: BSci Seoul NU, BCom (Hons) AIAA Research Interests: Risk theory, option pricing.

HARLEY, WILLIAM: BA (Hons), PhD Qld Research Interests: Industrial relations, HRM, work organisation, high performance work systems, teamwork, precarious employment, trade unions.

HARDY, CYNTHIA: BSc (MgtSc), PhD Warwick Research Interests: Organisation theory, strategy power and politics in organisation, strategic change, interorganisational collaboration, organisational discourse theory. KULIK, CAROL: PhD Illinois Research Interests: HR management, workforce diversity, fairness in organisations. WIDING, ROB: BA, MBA, PhD Ohio State Research Interests: Market orientated organisations, control systems for market orientated organisations, computer assisted product search. Associate Professor and Reader BENSON, JOHN: BEc, MEd Monash, MA, PhD Research Interests: HRM HRM/employment relations in Japan and China, Japanese management, trade unions, enterprise restructuring and outsourcing, employee commitment, knowledge workers. Associate Professors DICK, HOWARD: BEc (Hons) Monash, MEc, PhD ANU Research Interests: Asian business, corruption and governance, institutional development, global logistics, urbanisation in the Asia-pacific, maritime history and policy, Country expertise: Indonesia, Southeast Asia, Japan.

MERRETT, DAVID: BEc (Hons), MEc Monash Research Interests: Internationalisation of Australian firms, evolution of 'big business' in Australia, headquarter-subsidiary relations in multinationals, principalagent issues within firms. SEWELL, GRAHAM: BSc (Hons), PhD Wales Research Interests: Workplace surveillance, teamwork, business ethics, recent developments in organisation & management theory, qualitative research methods, evolutionary psychology, sociology of work and organisations. TERZIOVSKI, MILE: BE (Hons), PGradDip Mgmt HR N'castle, ME (Hons) W’gong, MBA RMIT, PhD Research Interests: Operation management, quality management, value of ISO 9000 and ISO 14000 certification, continuous improvement and innovation management, e-commerce – Euro-Australian collaboration in SMEs, organisational performance, international best practice, reengineering.

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 38

Lecturers AUH, SEIGYOUNG: MBA Michigan, PhD Michigan Research Interests: Application of resource-based view to marketing strategy, organisational learning and capability, top management team diversity and marketing strategy, customer orientation (customer satisfaction) and loyalty, mental accounting and consumer decision-making, services and relationship marketing.

WHITWELL, GREGORY: BEc Monash, PhD Research Interests: Environmental uncertainty, the marketing/finance interface, the role of real options thinking in marketing strategy, marketing's contribution to business strategy and the role of intangible marketing assets, international marketing, especially exporting, understanding customer needs through techniques such as ZMET, social capital and its relevance to marketing activities, electronic marketing. Senior Lecturers BROWN, MICHELLE: BCom (Hons), MA, PhD Wis Research Interests: Human resource management/industrial relations, pay systems â&#x20AC;&#x201C; performance based pay and its implications for employees, unions and organisations, employee participation and its consequences. CREGAN, CHRISTINA: BA Leeds, DipEd Oxford, MSc, PhD LSE Research Interests: Trade union membership, young people in the labour market, internal labour markets, industrial democracy JOHNSTON, STEWART: BA Well, MSc Lond, PhD Research Interests: All aspects of management in multinational corporations â&#x20AC;&#x201C; strategy, structure, control, innovation, HQ-subsidiary relations, Japanese management and Japanese business groups.

MORGAN, STEPHEN: BA Monash, MA (HK), PhD ANU Research Interests: Foreign direct investment and international business, business, economic and social history of China, 19th and 20th centuries, the history of management and organisation in China in the 20th century, anthropometric history of China and Taiwan (stature, health and nutrition). POWER, DAMIEN: BBus, MBus, PhD Monash, CFPIM Research Interests: Business to business e-commerce, supply chain systems/virtual integration, business process redesign, operations strategy. SARGENT, LEISA: BA, MOrgPsych Qld, PhD Toronto Research Interests: The effects of job changes on identity and career related outcomes, stress and stress management strategies, team interventions and team effectiveness. SELSKY, JOHN: BSc, MSc, PhD Wharton Research Interests: Social dynamics in and around seaports, collaborative strategy, high-velocity organisational environments, natural-environment management and policy, non-profit sector strategy.

SHARAFALI, MOOSA: BSc, MSc Madras, PhD NUS & Madras Research Interests: Supply chain management, reverse logistics, warehousing queues, inventory and reliability. WATERS, LEA: BA (Hons), PhD Deakin Research Interests: The psychological consequences of unemployment & retrenchment, training and development programs for unemployed people, occupational stress, work-family conflict, mentoring. ZALAN, TATIANA: BEd (Hons) Moscow, MBA Adel, PhD South Australia Research Interests: Failure of firms in international markets, International diversification and firm performance, international competitiveness of firms from smaller economies, knowledge management in multinational firms. ZHU, YING: BEc Peking, PhD Research Interests: HRM, international HRM, international business management, economic development in Asia (China, Japan, South Korea, Taiwan and Vietnam), political economy of globalisation.

BARSKY, ADAM: Commences in Mid 2004, PhD Candidate Tulane, BA (Psychology & Sociology) Wisconsin-Madison, Masters in I/O Psychology Tulan Research Interests: These span a variety of important social issues in management such as workplace discrimination, personality and well being, business ethics and fairness at work. BOVE, LILIANA: BAgSci (First Class Honours) La Trobe, BBus (Marketing) RMIT, PhD Monash Research Interests: Services marketing, relationship marketing, customer loyalty, customer citizenship behavior. BRATTON, VIRGINIA: Commences in Mid 2004, PhD Candidate Florida, MA Florida, BA Moorhead Research Interests: Impression management, business ethics, organisational identity. CHMIELEWSKI, DANIELLE: BA/BCom (Hons), PhD Candidate Research Interests: Strategic marketing, strategic management, timing of entry, brand introduction strategy, resource-based view and capabilities, strategic orientation. MAGUIRE, CATHERINE: BCom (Hons), PhD Candidate Research Interests: Strategic human resource management, high performance work systems, managing intellectual capital, strategic and operational outcomes, alternative work arrangements, flexible and knowledge-based work, information technology, networked organisations: collaborative ties across geographic boundaries, communication, organisational justice and trust, collaboration and performance for young high-tech organisations, absenteeism and turnover.

MERLO, OMAR: BA, BCom (Hons), PhD Candidate Research Interests: Strategic marketing, marketing theory, strategic management, marketing's role and influence within the firm, organisational power and politics, e-commerce, others, including labour law and economic history. METZ, ISABEL: BSc South Africa, MBA, PhD Monash Research Interests: Gender, managerial advancement in male dominated versus non-male dominated industries, internal labour markets, well-being and work-related stress, organisational culture and performance. PALADINO, ANGELA: BCom (Hons), PhD Research Interests: Resource based view, capabilities strategies, market orientation, strategic management, strategic marketing, consumer behaviour, environmental marketing. SAMMARTINO ANDRE: BCom (Hons), PhD Research Interests: business strategy, diversity management in a strategic context, personnel economics, quantitative aspects of HRM, internal labour markets, Australian economic history. SINGH, PRAKASH: BE (Hons), BBus QUT, PhD Research Interests: strategic operations management, quality improvement methods, supply chain analysis, innovation management, project planning and implementation. YUKONGDI, VIMOLWAN: BBA (Magna Cum Laude) Assumption, Thailand, MBA Pitt, PhD Research Interests: HRM, employee participation, electronic business and HR practices, crosscultural management. Professorial Fellow ISAAC, JOSEPH AO: Hon DEcon Monash, BA, BCom, Hon DCom, FASSA, PhD Lond Research Interests: Labour market institutions, industrial relations, wages policy, Small business.

Administrative Staff BISHOP, LIZA Position: Executive Assistant HEDDLE, NICOLE: AdvDip (Photography) Christchurch Position: Front Office Administrator (On Maternity Leave) KENTON, SUSAN: BA, DipEd, BEd LaTrobe Position: Postgraduate Coordinator KREITNER, JASON: BA New Mexico State, MPA, JD SDakota Position: Administrative Services Manager LEVIN, ANNEMARIE Position: Front Office Administrator NOWAK, CATHERINE Position: Front Office Administrator PALMER, KIRSTI: BA, BMus Position: Undergraduate Coordinator PHAN, VAN: BSc Position: Software Developer SHEPHERD, ALISTAIR: BA (Hons), MA Position: External Relations Coordinator TELFER, ELIZABETH Position: Finance and Resources Officer THORNTON, TIM: BSc (Hons), MA, EMBA Position: Department Manager VAN PHAM, MAGGIE: BBusComp VUT Position: Information Systems Manager

FoE+C Annual Report 2003 Final 2

27/4/04

Melbourne Institute of Applied Economic and Social Research Academic Staff Director and Ronald Henderson Professor DAWKINS, PETER: BSc Lough, MSc(Ec) Lond, PhD Lough, FASSA FIPA Vic Research Interests: Labour market, working time and wages, tax and welfare system, enterprise dynamics and firm performance, government policy and social outcomes.

Deputy Director, Director HILDA, and Director of the Labour Economics and Social Policy Research Program WOODEN, MARK: BEc (Hons) Flin, MSc Lond Research Interests: Labour economics, industrial relations and survey methodology. Director, Applied Macroeconomics Research Program and Principal Research Fellow SUMMERS, PETER: BA, MA, MSc, PhD Iowa Research Interests: Empirical macroeconomics, time series econometrics, forecasting, business cycle analysis, Bayesian inference. Director, Applied Microeconomics Research Program and Senior Research Fellow WEBSTER, ELIZABETH: BEc (Hons), MEc Monash, PhD Camb Research interests: Industrial economics, macroeconomics, labour markets. Principal Research Fellow and Deputy Director HILDA HEADEY, BRUCE: BA Oxford, MA Wisc, PhD Strath Research Interests: Welfare and distributional issues and social welfare policies in Western Europe and North America. Bruce is the editor of the Australian Social Monitor. Senior Research Fellows EVANS, MARIAH: BA Reed, MA Illinois, PhD Chicago Research Interests: Poverty, inequality, attitudes to welfare, family issues, ageing and retirement, social capital, labour market and work issues.

1:15 PM

Page 40

KALB, GUYONNE: MEc Erasmus, PhD Monash Research Interests: Applied microeconom(etr)ics, in particular, labour and household econom(etr)ics, social policy issues, microsimulation modelling. YONG, JONGSAY: BA, BSocSc (Hons), MSocSc NUS, MA, PhD UBC Research Interests: Health economics, industrial organisation, competition policy and regulatory economics, transport economics, applied game theory. Research Fellows BUDDELMEYER, HIELKE: MSc Vrije/Am, MA, PhD NYU Research Interests: Applied microeconomics, labour supply, applied econometrics. CAI, LIXIN: BEd Henan, MA Renmin, MEc, PhD ANU Research Interests: Labour economics, social policy, social security reforms in transitional economies. CHUA, MICHAEL: BEc (Hons), PhD UNE Research Interests: Bayesian inference, forecasting, applied macroeconomics. FREIDIN, SIMON: BSc (Hons), GradDipCompSc LaTrobe Research Interests: Survey management and data analysis. HARDING, GLENYS: BEc ANU Research Interests: Database Manager and Analyst, with particular interests in Intellectual property and large enterprises. JENSEN, PAUL: BEc Syd, PhD AGSM Research Interests: Microeconomic reform, industrial organisation, intellectual property. LEAHY, ANNE: BCom, GCertClassics Research Interests: Domestic and international macroeconomic developments. LENTINI, NELLIE: BA Monash Positions: Publications Manager PALANGKARAYA, ALFONS: BSc, MA, PhD Oregon Research Interests: Industrial organisation, health economics, econometrics.

SCUTELLA, ROSANNA: BCom (Hons) Research Interests: Welfare economics, behavioural microsimulation, econometrics. SONG, LEI LEI: BA E China, MSc Wuhan, MEc W’gong PhD Research Interests: Applied macroeconomics, exchange rate economics, the Chinese economy. TSENG, YI-PING: BEc Taiwan, PhD ANU Research Interests: Labour economics, applied microeconometrics, economic and social policy. WATSON, NICOLE: BSc UWA, GradDipMgtSc Canb Research Interests: Longitudinal survey design and management, non-response analysis, survey weighting and imputation. WILKINS, ROGER: BCom, MCom MSc Wisc, PhD Research Interests: Labour economics, income inequality, contract theory, microeconomics, applied econometrics. Research Officers LIEW, WOEI TIAN: BSc, MSc LaTrobe, GradDipEc Position: Webmaster, research and computing systems and support. SMITH, PENELOPE: BEc (Hons) UWA, MCom Research Interests: Business cycles, open economy macroeconomics, applied econometrics. WARREN, DIANA: BCom, MCom (Hons) W’gong Research Interests: Innovation and economic growth. VU, THI HONG HA: BEc (Hons) ANU Research Interests: Macroeconomics, trade reform. BLACK, DAVID: BCom (Hons) Research Interests: Labour economics, government policy, applied econometrics. Research Assistant WARE, KERRY: Position: TD Securities project.

Adjunct Professors BORLAND, JEFF: MA, PhD Yale, Head, Department of Economics, The University of Melbourne Research Interests: Analysis of the operation of labour markets in Australia, applications of microeconomic theory to labour markets, and the economics of sport. Within the Melbourne Institute, Jeff is an associate editor of the Australian Economic Review and is involved in the Labour Economics and Social Policy program. CREEDY, JOHN: BSc (Eco with Stats) Brist, BPhil (Eco) Oxford, Truby Williams Chair of Economics, Department of Economics, The University of Melbourne (on leave in 2002–2003 at the New Zealand Treasury) Research Interests: Research interests include income distribution, public economics, labour economics, and history of economic analysis. Within the Melbourne Institute, John has been joint editor of the Australian Economic Review and contributed to tax and welfare research programs.

FREEBAIRN, JOHN: MAgEc NE, PhD Davis, FASSA, Department of Economics, The University of Melbourne Research Interests: Taxation reform, labour economics, especially employment, infrastructure pricing and investment, and microeconomic reform. Within the Melbourne Institute, John has made substantial contributions to research in the areas of unemployment and tax reform, public finance and public policy. SAMSON, DANNY: BEc, PhD UNSW, Head, Department of Management, The University of Melbourne Research Interests: Operations management, business competitiveness, strategy and e-commerce. Within the Melbourne Institute, Danny contributes to the Applied Microeconomics program, is chief investigator of an ARC SPIRT Grant and is also involved in collaboration on research on innovation. Professorial Fellows BOSWORTH, DEREK: BA Lanc, MSc, PhD Warw Professor of Business Economics, Manchester School of Management, UMIST Research Interests: Economics of innovation and technical change, productivity and firm performance, and intellectual property. Within the Melbourne Institute, Derek is a principal investigator of an ARC SPIRT Grant and is collaborating with the Applied Microeconomics program in the field of the economics of innovation.

CHAPMAN, BRUCE: BEc (Hons) ANU, PhD Yale Professor of Economics and Director of the Centre for Economic Policy Research, RSSS, The Australian National University Research Interests: Labour economics, the economics of education, applied econometrics, industrial relations and economic policy issues. Within the Melbourne Institute, Bruce contributes to the Applied Microeconomics program and is a key contributor to economic policy debate. DRAGO, ROBERT: BS Tulsa, MA Mass/Am, PhD Mass/Am Professor of Labor Studies and Women’s Studies, Pennsylvania State University Research Interests: Economics of work and family. Within the Melbourne Institute, Robert contributes to the Labour Economics and Social Policy program. DUNCAN, ALAN: BA (Hons) Manc, DPhil York Professor of Microeconomics, School of Economics, University of Nottingham Research Interests: Welfare program evaluation, analysis of work incentives, static and behavioural tax microsimulation, econometric models of labour supply and labour market and welfare program participation. Within the Melbourne Institute, Alan is a key contributor to the development of the MITTS model.

FoE+C Annual Report 2003 Final 2

27/4/04

KELLEY, JONATHAN: BA Camb, PhD Berkeley Director, International Survey Project, The Australian National University Research Interests: Quantitative sociology and social economics. Within the Melbourne Institute, Jonathan produces the International Social Science Survey in conjunction with the ANU. He is a contributing author of the Australian Social Monitor and a key figure in the Labour Economics and Social Policy program.

SCHEDVIN, BORIS: BEc, PhD Syd Research Interests: Economic history with particular interests in the transformation of the Australian economy and of Australian economic and scientific institutions during the course of the twentieth century. Within the Melbourne Institute, Boris contributes to the research agenda in the areas of education policy, health policy research and intellectual property research. WILLIAMS, ROSS: BCom, MScEc, PhD Lond FASSA Research Interests: Economics of education, household consumption and saving, federal – state finance, the allocation of time by households. Principal Fellows BOEHM, ERNST: AUA, BEc (Hons) MEc Adel, MCom, DPhil Oxf Research Interests: Measurement and dating of the business cycle, and the economic history of Australia. Within the Melbourne Institute, Ernst developed the leading, coincident and lagging indexes of Australian economic activity as well as the leading index of inflation. He published the results of these indexes in the monthly Westpac – Melbourne Institute reports between 1985 and 1994. MARKS, GARY: BSc (Hons), MSc, PhD Qld Research Interests: Intergenerational reproduction of social inequality, labour market outcomes of young people, educational attainment and achievement. Within the Melbourne Institute, Gary is involved in the HILDA project.

1:15 PM

Page 42

NIEUWENHUYSEN, JOHN: BA (Hons), MA Natal, PhD, LSE FASSA Research Interests: Taxation, industrial relations, industrial regulation, economic growth, immigration, welfare and poverty. Within the Melbourne Institute, John contributes to sourcing funds for research projects, developing new publications and our media coverage. Senior Fellows DOIRON, DENISE: BA Monc, MA, PhD UBC Senior Lecturer, University of New South Wales Research Interests: Industrial relations and bargaining theory, labour economics and labour and social policy. Within the Melbourne Institute, Denise contributes to the Labour Economics and Social Policy program and is collaborating on a project which is estimating the demand for child care and labour supply in Australian households. DUNGEY, MARDI: BEc Tas, PhD ANU Research Fellow, School of Pacific and Asian Studies, The Australian National University and Senior Lecturer, Faculty of Economics, The Australian National University Research Interests: Exchange rate volatility, macroeconomic modelling and time series econometrics. Within the Melbourne Institute, Mardi contributes to the Applied Macroeconomics program. HOPKINS, SANDRA: BA (Hons) Otago, MCom UNSW, PhD Tas Economics, School of Economics and Finance, Curtin University of Technology Research Interests: Health policy, health insurance and economics and gender.

ROGERS, MARK: BSc Lond, MSc Warw, PhD ANU Tutor in Economics and Management, Harris Manchester College, Oxford University Research Interests: Economic growth and industrial organisation with a particular focus being on firm-level performance using Australian data. Within the Melbourne Institute, Mark is involved in the creation and analysis of the Innovation Scoreboard and a major SPIRT project on the performance of Australian enterprises.

Faculty Secretariat

SHIELDS, MICHAE: BA (Hons) Stafford, MSc Health UNY, PhD Leic Senior Lecturer, Department of Economics, The University of Melbourne Research Interests: Labour economics, health economics and microeconometrics. Within the Melbourne Institute, Mike is assisting with our research in the area of health economics.

General Manager DIXON, SUZANNE: BCom, DipEd Hawthorn Institute, MBA VUT

General Staff CUMMING, ANGIE: DipBus NMIT Position: Administrative Assistant DERHAM, RACHEL: BSc Position: Finance and Contracts Manager HOPE, PENELOPE: BA LaT Position: Functions Co-ordinator PEDERSEN, VIBEKE: BA (Hons) Position: Administrative Assistant QIN, Rosy: BCom DipEd Position: Administrative Assistant THOMACOS, NIKOS: BBus (Eco) RMIT, BA Hons Deakin Position: Business Manager

EDWARDS, LARISA: BBus Swin Position: Student Adviser and Special Projects ELLIS, TRACY: BA(Lit&Soc) SUT Position: MBIT Program Coordinator GARDNER, ERICA: BCom, DipEd Position: Course Advisor – unitil Jan 2004 GEORGESZ, MARK: BEc LaTrobe Position: Executive Officer (Resources)

Administrative Staff ALDRIDGE, DAVID: BSc (Hons), PhD Position: Manager Information Systems BANKI, JACQUELINE: DipAdvMgmt (Professional Writing), BA Monash Position: Executive Officer (Marketing) BELFORD, DOUG: BAppSc Swin Position: Systems Administrator

GILLEARD, RACHEL: BA Position: Administrative Officer HILL, ADRIAN: CertBasicElect, CertIVCompSys, DipCompSys, MCSE Position: System Support Officer JENKINS, ALISON Position: MBIT Program Coordinator JOSE, SABINA Course Coordinator - MAC Program JOVANOVSKI, SOKOLA Position: Administrative Officer (International)

CHANG, NOOI: BA (Hons) Malaya, MEPA Monash Position: Manager (International)

KARIBIAN, ROCIO: Translating& InterpretingCert, RMIT Position: International Programs Officer

CHOONG, EDDIE: BBus VU, CPA Position: Executive Officer (International Programs)

KENT, ELIZABETH: BA (Hons) UNSW, PhD Position: Transition Officer

COLLIS, STEPHEN Position: Manager, Professional Programs

LASCELLES, SCOTT: BBus, LaTrobe Position: Enquiries Officer (Professional Programs)

COX, CHANTELLE: BA RMIT, MT (Web and Internet Comp) RMIT Position: Web Developer

LLOYD, AMANDA: BBus VUT Position: Systems Support Officer

CRABBE, KYLIE: BA, BTh (MCD) Position: Transition Officer – until Feb 2004

LOI, AILEEN: BCom, MIB NZ, Chartered Accountant (ICANZ) Position: Financial Controller

CUNSOLO, ANTOINETTE Position: Undergraduate Manager – on leave till July 2004

MAJCZAK, DANIEL: DipHospMgmt, William Angliss Position: Trainee Support Assistant

CUNSOLO, JOANNE Position: Course Adviser

MCINNES, KYLIE: BA Course Coordinator (Professional Programs)

DO, NGHIA: BElectEng RMIT Position: Computer Systems Officer

MCPHARLIN, SUSAN: BA, BCom Adel Position: Executive Officer (Development)

MONG, CATHERINE: BBus Singapore, GradDipSoftwareDev RMIT Position: Course Adviser PECORARO, FRANCESCA: BA (Media Studies) RMIT Position: Student Liaison Officer PHAM, QUYNH Position: IT Support RITTER, ANNE Position: IT Support ROBERTSON, KATE Position: Student Adviser RYCROFT, ANNA: BA, Victoria University Position: Accounts Processing Officer NGUYEN, TRUMAN: BComSc, MCSE, CCNA Position: Systems Support Officer NGUYEN, TRUNG: BAppSc FIT, MSc VUT Position: Laboratory Manager PECORARO, FRANCESCA: BA (Media Studies) RMIT Position: Student Liaison Officer SHARMA, SANJAY: MSc India, PGradDipCompSysEng RMIT Position: Web Developer SINEL, PAULINE: DipBS NZ, Accounting Technician ICANZ Position: Management Accountant SIVATHASH, BALA: MSc UK, BEng India, MCSE Position: Systems Support Officer STIEMER, MARTINA: BA Position: Executive Officer (Finance) TAN, MICHAEL Position: Porter TINWORTH, KOBY Position: Executive Assistant to the General Manager VELLU, PHYLLIS: MA India Position: Executive Assistant to the Dean WALKER, DAVID: MA Position: Executive Officer (Research) YOUNG, BROOKE: BA LaTrobe, PGrad Dip (Art Cur St) Position: Manager (Marketing and Development)

FoE+C Annual Report 2003 Final 2

27/4/04

Teaching and Learning Unit

1:15 PM

Page 44

DAVIES, MARTIN: BA, GradDipEd, BA (Hons), RSA CTEFLA, PhD Flinders, PhD Adel Position: Postgraduate Learning Skills Specialist JONES, ANNA: BA (Hons), DipEd, GradDipTESOL, MEd Position: ESL Specialist MCCROHAN, MARK: BBus (BComp), MCSE Position: Senior Web Developer/ Programmer â&#x20AC;&#x201C; until Feb 2004

Director JOHNSTON, CAROL: BCom, MEd, DEd Staff ANDONOV, PAUL: AssDipComp, BSc (Maths&InfoSc) VU Position: Manager/Programmer Web Development BORG, SONIA Position: Administrative and Research Assistant

MORRIS, GAYLE: BA, GradDip Post Secondary Ed, MEd (Adult Edu) Position: Learning/Teaching Skills Specialist PESINA, JENNY: BDes (Multimedia Design), Swin Position: Web Developer/Learning Technologies Support Officer SHAW, JENNIFER: DipInfoTech, Chisholm Position: Administrative Assistant WAECHTER, TREVOR: BE, MSc, PhD Position: Maths Specialist

Giblin Economics and Commerce Library Staff Giblin Librarian WARD, SHIRLEY: BA, GradDipInfoMan, RMIT Information Librarians WALTERS, WENDY: BA (LibInfo) Studies Position: Information Librarian WARBURTON, JENNIFER: BEd SCV Toorak, GradDipLib RMIT Position: Information Librarian

FoE+C Annual Report 2003 Final 2

27/4/04

1:15 PM

Page 46

Contact the Faculty Mailing Address:

The Faculty of Economics and Commerce The University of Melbourne VICTORIA 3010 AUSTRALIA

Telephone:

+ 61 (03) 8344 5317

Facsimile:

+ 61 (03) 9347 3986

Email:

commerce-enquiries@unimelb.edu.au

Internet:

www.ecom.unimelb.edu.au

Authorised by the General Manager Published by the Faculty of Economics and Commerce, April 2004 ÂŠ The University of Melbourne