# Macquarie Business School

Macquarie Business School (MQBS) is a constituent body of Macquarie University, in Sydney, New South Wales, Australia.
MQBS is a business school originally established as the Faculty of Business and Economics. The School is the focal point for all business, management, economics research and education at Macquarie University.

## History of Macquarie Business School

Macquarie Business School began life as the Centre for Management Studies (CMS) within the school of Economic and Financial Studies at North Ryde, Sydney, Australia in 1969. CMS began offering a Graduate Diploma in Business Administration in 1970 and in 1972 it offered a three-year, part-time Master of Business Administration (MBA). In early 1980, CMS developed its own identity as the Graduate School of Management (GMS); it remained within the School of Economic and Financial Studies.
In the mid-1980s the GSM Advisory board recommended GSM should have a separate identity and its own separate dedicated teaching facility. Funds were raised to build the campus from the late 1980s and during the 1990s.
GSM moved to a 40-week teaching term, four-term year in 1989–1990 and this enabled the development of a 16-unit MBA which could be completed in two years' part-time. Master of Arts programmes were developed and later replaced by Master of Management programmes. GSM went offshore and began delivering programmes in Singapore in 1992 and in Hong Kong in 1994.
Until 1998, MGSM consisted of two institutions, the GSM and MGSM. At this time the board decided to integrate the school and the new entity became known as MGSM.
The Sydney CBD campus was opened in 2000. MGSM launched its Online Interactive Study option in Term one of 2013.
In early 2009, the Deputy Vice Chancellor Macquarie University undertook a major review process of MGSM which decided that the school should retain its autonomy. A later review merged the MGSM into the Macquarie Business School from 2019.

## Programs

Macquarie Business School offers a diverse selection of programs catering to undergraduate and postgraduate students, along with Master of Business Administration (MBA) and executive courses and higher degree research. The school ranked number 1 in Australia for Master of Marketing: QS Business Masters Rankings 2023, ranked number 1 in Australia for Master of Applied Finance: QS Business Masters Rankings 2023 and is in the top 100 MBA's worldwide.
The MBA and Executive programs at Macquarie University's Macquarie Business School provide experienced professionals with the skills and knowledge to excel as business leaders. The school offers acclaimed programs such as the Master of Business Administration, Global Master of Business Administration (GMBA), and Master of Applied Finance (MAF), as well as short courses. The MBA focuses on contemporary business skills, while the Global Master of Business Administration offers flexible online learning. The Master of Applied Finance is designed for the financial sector. The school is ranked highly in various QS Rankings and has a global alumni network.
Macquarie Business School offers higher degree research (HDR) programs for students seeking to explore their areas of interest through self-directed research. The programs include the PhD, MRes, and MPhil

## Research

The school's research focuses on health and social care, sustainability, data and analytics, and markets. The school has several research centers that impart expertise across industry sectors.

## Organisation

The Executive Dean of the Macquarie Business School is Professor Eric Knight. MQBS exists of six departments.
* Department of Accounting and Corporate Governance
* Department of Actuarial Studies and Business Analytics
* Department of Applied Finance
* Department of Economics
* Department of Management
Department of Marketing

## Accreditation
### AACSB

MBA and management programs are accredited by The Association to Advance Collegiate Schools of Business. 687 schools of business, or less than 5% worldwide, have this accreditation.

## Reputation and profile

Rankings of Macquarie Business School
| Year | Ranking Source | Ranking Category | Ranking |
| 2023 | The Economist 'Which MBA' | Australia | 2 |
| 2023 | The Economist 'Which MBA' | Asia-Pacific | 3 |
| 2023 | QS World University Rankings Master of Applied Finance | Australia | 1 |
| 2023 | QS World University Rankings Master of Applied Finance | Globally | 36 |
| 2023 | QS World University Rankings Master of Marketing | Australia | 1 |
| 2023 | QS World University Rankings Master of Marketing | Globally | 25 |
| 2023 | QS World University Rankings Master of Management | Australia | 2 |
| 2023 | QS World University Rankings Master of Business Analytics | Australia | 2 |
| 2023 | QS World University Rankings Master of Business Administration | Australia | 3 |
| 2023 | QS World University Rankings Global Master of Business Administration | Australia | 3 |

## Alumni

There are more than 16,500 members of the Alumni Community, situated in over 135 countries around the world. Notable alumni include
* Andrew Scipione, NSW Police Commissioner