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Annual Report 2018

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Annual Report 2018 ANNUAL REPORT 2018 CONTENTS OVERVIEW ENVIRONMENTAL PERFORMANCE Letter to the Minister for Training and Skills Introduction and scope 51 and Minster for Higher Education 3 • Commitments, governance and resources 51 Vice-Chancellor’s statement 4 • Staff resources 52 Report of members of Monash University Council 6 • Staff and student engagement 53 • Establishment, objectives, and principal activities 6 • Biodiversity 54 • Members of Council 6 • Carbon management 55 • Membership of Audit and Risk Committee 7 • Energy consumption 56 • Subcommittees of Council 8 • Water consumption 58 • Meetings of members 8 • Waste 59 Senior officers 9 • Sustainable transport 60 • Deputy Chancellors 9 • Procurement 60 • Insurance of officers 9 • The built environment and landscape 61 • Organisational charts 11 • Statements of compliance 62 • Organisational charts 12 FINANCIAL PERFORMANCE CORE BUSINESS: EDUCATION, Report on financial operations 65 RESEARCH, GLOBAL ENGAGEMENT • Major financial and performance statistics 66 Operational objectives and initiatives 14 • Statement of consolidated financial position 66 • Key initiatives and projects 14 • Statement of consolidated cashflows 66 Research and Education: Office of the Provost • Statement of consolidated financial performance 67 and Senior Vice-President 16 • Risk Analysis – subsidiaries 68 • Research – Excellence 16 • Statement on risk management 68 • Enterprising 18 • Consultants 69 • Education 20 • Statement on compulsory non-academic fees 69 • Global Engagement 22 • Statement on private provision of public infrastructure 69 • Report of the President, Academic Board 24 • Statement on ex-gratia payments 69 SOCIAL PERFORMANCE • Statement of allocation of public funds 69 Monash people 28 Compliance Index 70 • Workforce profile 28 • Other Relevant Information Available on Request 72 Staff engagement and employment conduct 29 FINANCIAL STATEMENTS Student profile 31 Student experience 33 • Student surveys 33 Health, safety, wellbeing, and family 37 • Counselling and mental health programs 37 • Complaint management 39 Equity, access and diversity – students and staff 42 • Diversity and inclusion 42 Social responsibility 46 Statements of compliance 48 Monash University Annual Report 2018 OVERVIEW LETTER TO THE MINISTER FOR TRAINING AND SKILLS AND MINSTER FOR HIGHER EDUCATION The Hon. Gayle Tierney MP Minister for Training and Skills and Minister for Higher Education 2 Treasury Place EAST MELBOURNE VIC 3002 20 March 2019 Dear Minister, In accordance with the requirements and regulations under the Financial Management Act 1994, I submit for tabling in the Victorian Parliament the Annual Report of Monash University for the year ending 31 December 2018. This Report was approved by the Monash University Council on 20 March 2019. As this report shows, 2018 was a continuation of Monash University’s success in Australia and on the international stage. The year featured significant investments in many outstanding new and existing initiatives, undertaken to benefit local and global communities. From the expansion of the life-saving World Mosquito Program to the many innovation partnerships with locally based organisations within the Monash Precinct, and commencing construction of the Victorian Heart Hospital, the University is increasing its influence and impact every year. Monash University’s commitment to education, research and the community has resulted in an impressive array of awards and achievements in 2018, and the University is confident that this success and commitment to positive change will continue in the years to come. Mr Simon McKeon AO Chancellor 3 VICE-CHANCELLOR’S STATEMENT 2018 was a year of notable achievements and progress for Monash, completed by the end of 2022. All graduates of Monash South Africa and was the fourth and penultimate year of the University’s Focus who hold a Monash University degree are, and will remain, Monash five-year strategic plan. Monash University alumni. As with 2017, the year presented many challenges and opportunities Our endeavours in enterprise continued to gain momentum throughout in the higher education environment. In this climate of rapid change 2018 as the University engaged with local, national and international and international competition, the University’s four goals articulated partners. We have continued to diversify our income across industry, in Focus Monash remain vital in shaping the University’s culture including licences, options and assignments (LOAs), invention and endeavours: disclosures and spin-outs, with significant interest from companies and investors in technologies developed by Monash. In July, Monash • to be Excellent by undertaking research and education of the opened the Medicines Manufacturing Innovation Centre Automotive highest quality Workshop at Pfizer, and is the first non-USA-based entity to join • to be International by building the strength, networks and scale of Pfizer’s Centers for Therapeutic Innovation (CTI). international research and education The construction of the Victorian Heart Hospital (VHH), Australia’s • to be Enterprising by promoting collaboration and innovation, and first dedicated cardiac care hospital, initiated and funded by the • to be Inclusive by fostering diversity and openness, within Monash Victorian State Government, is now underway at our Clayton campus. and with the wider community. The hospital will include a full range of ambulatory services such as cardiac CT, echocardiography and specialist consultation. Scheduled Throughout 2018, Monash University has made significant progress in for completion in 2022, the VHH, a partnership between Monash realising each of these goals. Health and Monash University, will employ more than 850 people Monash has consolidated its standing as one of the world’s top 100 in translational research and clinical areas and will bring more universities. Monash rose from 68 to 62 in the US News Best Global than $400 million a year of income into Victoria. Universities, and from 61 to 56 in the NTU Performance Ranking of Monash’s commitment to inclusion is one of the University’s founding Scientific Papers for World Universities. Monash retained its world principles. In 2018 we launched the Monash Aboriginal and Torres number 2 subject ranking in Pharmacy and moved to number 14 in Strait Islander Framework 2019 – 30, which incorporates all of the Education, according to the QS World University Rankings. Monash University’s ambitions across the Indigenous space. The University also increased its number of highly cited researchers from 9 to 22, finalised its Education Agenda 2018 – 2020, and our Access Monash giving it a ranking of third in Australia. We have once again been program, enhanced by our Widening Participation Strategy 2016 – named as Australia’s most innovative university in the Reuters Top 75 2020, is leading to an improvement in the retention rates of low SES ranking of Asia’s Most Innovative Universities, rising a further 3 places students, along with their levels of academic success. Monash’s to 25. Monash advanced 20 places in the QS Graduate Employability English Connect program, providing support to international students, Rankings, to 59th globally. These achievements demonstrate our won the Student Support Award at the 2018 Professionals international standards of excellence in research and education. in International Education Awards (PIEoneer) in London. Our reputation for research excellence was further enhanced by again The Monash Diversity and Inclusion Framework was launched in securing the most international research funding of any Australian August 2018, enabling the University to measure overall progress university. Monash received the highest funding from the National of its Inclusion Agenda and articulate the roles and responsibilities of Health and Medical Research Council and the second highest staff and students. The University also remains an Employer of Choice funding from the Australian Research Council in 2018. In total, for Gender Equity, having been named by the Workplace Gender Monash received $104 million in federal grants for medical and Equality Agency for the third year in a row, and is the only Group of health research projects. Eight university to hold this citation. In May, Monash was formally Monash won three Australian Financial Review (AFR) Higher recognised for fostering an inclusive and diverse workforce with Education Awards in 2018, and 15 Monash academics and Silver level employer status in the Australian Workplace Equality Index professional staff were among those recognised in the 2018 (AWEI). In December, Monash successfully achieved an inaugural Queen’s Birthday Honours List. Athena SWAN Bronze award through the Science in Australia Gender Equity (SAGE) initiative. Monash is Australia’s most international university, and in 2018 we continued to advance our presence and impact on the global stage. A core mission of Monash University is its contribution and benefit to The total number of students undertaking outbound study experiences the community. Thanks to an additional $50 million in funding from increased by 5 per cent to over 4,500, with 2,770 undergraduates the Bill and Melinda Gates Foundation and the Wellcome Trust, the and postgraduates studying abroad. In 2018 we launched our Global World Mosquito Program (WMP) has extended beyond Queensland Immersion Guarantee (GIG), a funded, international for-credit study with project sites now across our immediate region and further afield experience for
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