Welcome to this edition of Sydney Business Connect.
There is a strong international theme in the stories here, something which delights me because global connections are part of the Business School’s DNA.
It is widely known that our international student population has grown to 73 percent, which has accelerated the rate of Business School alumni choosing to live and work abroad. We have over 68000 Business School alumni, 16000 that are living overseas, many of them in China, Thailand, Singapore, Indonesia, the United States and the United Kingdom.
What is perhaps less known is the internationalisation of our faculty. The country of origin for almost two-thirds of our continuing academic staff is a country other than Australia – 45 countries in total. Close to 50 percent of our academics speak a language other than English. In total, they speak over 50 languages. Furthermore, 46 percent of our PhD-qualified academics obtained their PhD from one of over 80 institutions in 21 countries outside Australia.
Therefore, it should come as no surprise that our international research connections are extensive. As an example, 95 percent of our academic staff who took a sabbatical over the last five years were visitors at institutions abroad. Collaborating with international partners is the research norm in the School. Our outreach activities also extend well beyond Australian borders.
Our Discipline of International Business is one of the largest and most respected groups in Australia and beyond. And in our other disciplines, we have many academics who specialise in regional or broader international aspects of their field.
International themes and case studies permeate the curriculum in all of our degrees, but we also have specialist programs including the Master of International Business and the Global Executive MBA (read the Program in focus in this edition).
Late last year, I was honoured to be elected the first non-European Chair of CEMS: The Global Alliance in Management Education. The University of Sydney Business School is the sole Australian partner in this alliance made up of 32 of the world’s leading business schools and 70 corporate partners (multinational companies).
The core of the alliance is the Master of Management (CEMS) which mandates that students must be bilingual and that they spend at least one of the three semesters abroad at a partner institution. Recently, a team of our CEMS students here in Sydney were engaged by Daimler in Germany to conduct a virtual consulting project for them (see video below). Daimler were so impressed that they have now invited the students to present their recommendations in person in Frankfurt. Our CEMS alumni continue their global careers after graduation, 84 percent are living and working overseas.
The Business School has been a pioneer in establishing international Industry Placement Programs which allow students to study and to do internships in cities such as Paris, Los Angeles, San Francisco, Hong Kong, Beijing and Shanghai. We also have a large and growing suite of work integrated learning offers in countries such as Indonesia, Singapore and China.
We are a truly global School, one which through its research, educational and engagement activities is having a positive impact on the world.
Professor Greg Whitwell
Dean, the University of Sydney Business School