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| From Left: Professor Zeger Degraeve with Rod Smith Australian High Commissioner to Malaysia at the opening of Melbourne Business School HQ in Kuala Lumpur |
MELBOURNE BUSINESS SCHOOL OPENS ASIA HEADQUARTERS IN KUALA LUMPUR AS ASIAN STUDENT REGISTRATIONS DOUBLE IN LAST FIVE YEARS
2 April 2015, Kuala Lumpur – Melbourne Business School (MBS), repeatedly ranked as Australia’s top business school for Masters of Business Administration (MBA) and Executive Education, opened its headquarters for Asia here today.Clients headquartered in Asia now make up 12 percent of MBS’ total client base. Between 2010 and 2014, the number of Asian participants for MBS’ Executive Education open enrolment programs have doubled.
Meanwhile, revenues from Asian clients who have adopted MBS’ customized programs have jumped almost five-fold over a two-year period, between 2012 and 2014.
“We already have a strong Asian student base but we are expecting it to grow in tandem with the region’s economic expansion and activity. MBS has witnessed the growing need for talent in Asia that can think strategically, execute strategy and effectively analyse opportunities and threats. Moreover, there is increased demand for senior executives to be equipped with a global mindset as they develop their businesses from local to global markets. They need the skills to operate effectively in countries with significant difference in terms of culture, political systems, regulatory frameworks, labour laws and tax systems,” said Professor Zeger Degraeve, Dean of MBS.
Each year, MBS partners with more than 75 corporate and government organisations around the world to deliver its programs. For more than 20 years, MBS has provided consultancy on leadership, marketing, brand, strategy and capability development to clients in Asia. Customised programs have been delivered for Petronas, Tenaga Nasional Berhad, Permodalan Nasional Berhad (PNB), Malaysian Ministry of Housing and Local Government, Malaysian Ministry of Education, Telkom Indonesia, Indonesian State Ministry of National Development Planning (BAPPENAS) and Nestle – amongst others.
Asian Delights
“The opening of our Asian headquarters in Kuala Lumpur marks an opening of a new chapter in our future,” said Professor Degraeve.He said that MBS is able to customize programs and translate leadership research in a way that is relevant and practicable for Asian business leaders.
“MBS has much to offer and learn from our Asian partners particularly as it relates to the interplay of cultural values with organizational leadership. Our understanding of the local context, and our strengths in leadership and strategy development present an exciting value proposition as organisations evolve to seize opportunities in expanding globalized markets. Through education, research, training and job creation MBS will continue to contribute to the ASEAN region in a meaningful and long term way,” continued Professor Degraeve.
The diversity of MBS’ student body today is mirrored amongst its faculty, of whom 23% come from Asia.
MBS is celebrating the 50th anniversary of its graduate programs this year. There are currently more than 55,000 MBS alumni worldwide.
About Melbourne Business School
Melbourne Business School is the business and economics graduate school of the University of Melbourne, co-owned by the University of Melbourne and corporate Australia.MBS’ MBA rankings:
- Top 1% of programs worldwide.
- The only Australian business school to rank in the Financial Times’ top 100 for 16 consecutive years
- The only MBA program in Australia to be included in the Bloomberg Businessweek MBA ranking for non-US schools (Bloomberg 2014)
MBS’ reputation is built on a 50-year heritage of academic excellence in research, teaching and learning to impact businesses, individuals and society. Our influence is strengthened by our connections with regional and global networks.