Global business and economics institute opens at UQ
The University of Queensland has opened a new institute designed to put its leading-edge economics and business research on the global stage.
The Australian Institute for Business and Economics (AIBE) opened at the St Lucia campus within the Faculty of Business, Economics and Law (BEL) in February.
The institute’s temporary Director is Professor John Mangan, from the UQ Business School.
“The institute aims to harness and develop the faculty’s strengths in economics and business research and expertise by engaging locally and internationally,” Professor Mangan said.
UQ alumnus and New York fund manager Mathew McLennan donated $1 million to establish the Institute.
Professor Mangan said he hoped to to attract philanthropic support from the university’s alumni community and the private sector.
He said he would oversee the establishment of the Institute and lead an international search for a permanent director.
“A key role of the institute will be to forge links with government, industry and the broader community while seeking potential research partners and funding opportunities,” Professor Mangan said. “We also aim to raise awareness of UQ’s achievements in business and economics and contribute to policy development.”
The Institute will focus on the research capacities of the UQ Business School and the School of Economics. And will draw from other areas of the BEL Faculty.
“The institute will build on the university’s public lecture programs and media engagement, and will offer public talks and debates on major business and economic themes,” Professor Mangan said.
The concept and structure of the Institute is the joint result of initiatives by the BEL Faculty Executive Dean Professor Iain Watson and former Executive Dean Professor Tim Brailsford.
About UQ Business School
The University of Queensland Business School is independently ranked as one of the top business schools in Australia and among the leading institutions worldwide. Based in Brisbane, it brings together more than 130 subject experts with over 7,500 students and offers undergraduate and postgraduate degree programs and executive education across the range of business disciplines.
UQ Business School is renowned internationally for the quality of its research and also provides contract research and consultancy services to organizations throughout the world. The teaching – research – consultancy loop is central to its success, ensuring that the school maintains its position at the forefront of academic knowledge while staying closely attuned to modern business requirements.
- UQ Business School was the first in Australia to meet the standards of the world’s two most influential accrediting bodies—the US-based AACSB International and Europe’s EQUIS.
- Its MBA program has been ranked number 1 in Australia and Asia Pacific by The Economist, identifying it as the leading MBA outside of Europe and North America.
- Has been ranked in the world’s top 50 universities for executive education by the Financial Times.
- The MBA course has been awarded the highest possible rating of five stars for eight years running by Australia’s most influential rating body, the GMAA.
- The school was classed as above world standard in its six major fields of business research in the Australian government’s ERA assessment.