MGSM programmes move up world ranking
Reports by Michael Taylor
THE MACQUARIE GRADUATE school of Management (MGSM) was established in 1969 as part of Macquarie University.
It is the oldest continuously operating business school in Sydney, Australia, with about 1,800 students having attended its classes on four campuses - two in Sydney and one each in Hong Kong and Singapore - over the years.
'The Hong Kong and Singapore programmes are identical to those taught in Sydney,' said Richard Dunford, interim dean at MGSM.
'They are designed for busy executives, most of whom work full time and study part time. In Hong Kong, the programmes are delivered in block mode over two consecutive weekends, which provide the 40 hours of face-to-face teaching required for each unit.'
Professor Dunford is impressed with the quality of students taking part in the programmes in Hong Kong.
'They are hard-working, supportive of each other and innovative. Many have completed undergraduate degrees overseas and we observe that students now take part more and contribute more to classroom discussions,' he said.
MGSM's reputation, in Australia and internationally, is built on the provision of what Professor Dunford termed 'leading-edge programmes' that are flexible and contemporary.
'The Economist Intelligence Unit's Which MBA? 2004 survey of full-time MBA programmes ranked MGSM's MBA as No1 in Asia and Australia, and No50 in the world. The Australian Financial Review's BOSS magazine ranked MGSM's MBA programme as 'equal first' in Australia. The Financial Times this year ranked MGSM among the top 35 business schools in the world for the quality of its executive education.'
Students need three to five years' professional or managerial work experience before undertaking MGSM's programmes.
'This means that, in the highly interactive classroom, students share diverse workplace experience with each other and can contribute to regular, lively debate and classroom discussion,' Professor Dunford said.
MGSM offers an integrated suite of postgraduate management education programmes which can begin with a graduate certificate comprising three units or subjects.
Successful completion of the certificate and completion of three further units lead to a graduate diploma. Four more units lead to a Master of Management.
Six additional units result in an MBA. Depending on qualifications and work experience, students can enter and exit at various levels.
'It is possible to achieve three academic qualifications by progressing through the postgraduate diploma to the Master of Management and the MBA,' Professor Dunford said.
MGSM has been offering postgraduate management education programmes in Hong Kong since 1994 and has a long and important partnership with the Hong Kong Management Association, which offers administrative support for the delivery of the programmes.