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2005 Annual Report FOLDS 2005 BOND UNIVERSITY ANNUAL 2005 BOND UNIVERSITY – BOND 2005 REPORT BRINGING AMBITION TO LIFE ANNUAL REPORT ANNUAL Bond University Gold Coast Queensland 4229 Australia Toll free 1800 074 074 (within Australia) Ph: +61 7 5595 1111 (from overseas) Fax: +61 7 5595 1140 Email: [email protected] (for domestic enquiries) Email: [email protected] (for international enquiries) www.bond.edu.au CRICOS CODE 00017B FOLDS Everyone has expectations for their future… And success means different things to different people. Some are happy to live from day to day. Others – like yourself – want much more. You think bigger. You want to move faster. You want to go further. You’re determined to achieve something extraordinary. At Bond University, we recognise your passion and fast-track your progress. BOND UNIVERSITY. WE SHARE YOUR AMBITION. WE BRING IT TO LIFE. V ision and M ission OUR VISION Bond University seeks to be one of the world’s leading independent universities, Australian in character yet international in perspective, producing uniquely identifiable graduates who are leaders and thinkers, imbued with initiative, enterprise and a continuing quest for life-long learning. OUR mission Bond University is committed to achieving excellence in tertiary education through: • Teaching, learning and research of the highest quality • Contributing to the diversity and quality of tertiary education • Incorporating new technologies • Cooperating with other institutions of learning throughout the world • Producing uniquely identifiable graduates, committed to life-long learning • Remaining independent, distinctive yet innovative BOND UNIVERSITY ANNUAL REPORT 0 0 5 CONTENTS 0 Vision and Mission 04 Bond at Glance 06 Chancellor’s Message 08 Vice-Chancellor’s Report 10 Faculty of Business, Technology & Sustainable Development 14 Faculty of Health Sciences & Medicine 18 Faculty of Humanities & Social Sciences 22 Faculty of Law 6 Research 8 Alumni Success Stories 0 Corporate Partnerships 1 International Partnerships 32 Facilities 4 Sport & Recreation Centre 6 Financial Analysis 8 Directors’ Report 44 Auditors’ Independence Declaration 46 Financial Report 76 Directors’ Declaration 77 Independent Audit Report 78 Corporate Governance BOND UNIVERSITY ANNUAL REPORT 0 0 5 BOND AT A GLANCE Graduate Success Allamanda Hospital Group, Bond’s Health COMPETITIVE SPIRIT Sciences and Medicine Dean Professor According to research compiled by the • Bond Law students continue to Chris Del Mar and the Eye Team’s Graduate Careers Council of Australia perform at the highest level, both volunteer surgeons and nurses. (GCCA), in comparison to Australia’s in Australian and international ‘Group of Eight’ leading universities competitions, with a team from Bond ranks… Bond representing Australia in the Innovative IN approach European Law Students’ Association #1 in student satisfaction with • Joining the ranks of world-class WTO Moot Competition in Geneva. course quality educational institutions such as Harvard, Oxford, MIT and Cambridge, • Bond’s Faculty of Business team swept the awards at the National Bond has signed a landmark #1 in average starting salary Students in Free Enterprise (SIFE) agreement with China’s leading competition. The team took business university. Under the out the Ernst and Young Best FINANCIAL highlights ground-breaking student exchange Entrepreneurship Project, the Best agreement, Bond University Team Spirit of SIFE and were only postgraduate students can apply to narrowly beaten in the finals. Total Revenue for study for a semester at Tsinghua the year at $81.480M University in Beijing as part of their • Bond staff and students swept the represented growth MBA degree. Warner Roadshow Studios 19th of 5.7% over the Queensland New Filmmakers Awards previous year. • In June, Bond combined its in April, taking out five categories, Information Technology and Business including Best Overall Film. Tuition income at disciplines to create a new ‘super- $61.06M for the year faculty’. The amalgamation has • Bond students were up on the grew by 10.% over winner’s podium again at the Shorts the previous year. allowed students to take greater advantage of the strong inter- of All Sorts short film competition and Shorts Around Sydney Short Film Total Assets at disciplinary synergies that exist Festival later in the year, taking out $101.858M increased between IT and business, and follows top honours in both arenas. by $16.115M many other top-tier Australian and international IT schools that have • In another major acknowledgement combined information technology Net Assets at of Bond’s international recognition in $0.85M represented with science, economics, commerce, this field, the Gabarron Foundation, growth of 10.4% over business, and other related faculties. headquartered in the US and Spain, the previous year. has identified our Centre for Film, Television and Screen-based Media as one MAKING THE headlines of the ten best film schools in the world. • Bond’s Professor of Australian GOOD MEDICINE Studies, Dr Steve Webb made Gold Coast-based ophthalmologist and world headlines when he and his Recognition team discovered a series of human Associate Professor, Dr John Kearney, • Harry Messel, who is best known to footprints dating back to the last Ice provided a scholarship for one of Bond’s the Bond community for laying the Age in the Willandra Lakes region of new medical students to accompany him financial foundation for the future of Mungo National Park in far west NSW. and his team to East Timor in June. Bond University as Chancellor from • The world-renowned Buros Institute 199 to 1997 received a Companion As the inaugural recipient of the of Mental Measurements in the USA in the General Division of the Order Alison Kearney East Timor Research honoured the Faculty of Humanities of Australia Medal (AC). Scholarship, Fleur Dwyer spent a week and Social Sciences Professor of in Bacau, observing Dr Kearney and his Psychology, Dr Gregory Boyle with • Bond University’s Fitness Centre was team at their eye clinic, where they treat the Buros Institute Distinguished runner-up in the 005 Sport and and operate on hundreds of visually Reviewer Award. Community Recreation Queensland impaired patients. Community Service Award for its • A joint Commonwealth Government work in reaching out to the wider On her return, Fleur was given the funding application by Bond community. opportunity to meet East Timor University, Tweed Heads Hospital and Griffith University will result President, Xanana Gusmao when he • Bond University Library’s dedication in the establishment of the Tweed visited the Bond campus as guest to providing excellent customer Education and Clinical Research speaker at a fund-raising luncheon for service and support has earned it a Institute in 006/7. the East Timor Eye Program. place in the prestigious Australian • Under the leadership of Pro Vice- Universities Quality Agency A total of $15,000 was raised for the Chancellor for Research and Faculty Good Practice Database (AGPD) clinic, with lunch guests including of Health Sciences & Medicine Dean, - an international database of good Deputy Vice-Chancellor Mr Gary Bugden, Professor Chris Del Mar, the research practices in higher education. Member for McPherson, Margaret productivity continued to prosper May MP, Gold Coast Mayor Ron Clarke, for the Faculty of Health Sciences & • For the fifth consecutive year, the Principal of Weathered Howe Engineers Medicine, who attracted over $1M Gold Coast Business Excellence John Howe, Sue Thoreburn from the in grant funding. Awards honoured Bond University 4 BOND UNIVERSITY ANNUAL REPORT 0 0 5 for its innovative and personalised approach to education, nominating the ‘MyBond MBA’ program as a finalist in the Information Technology category. This state-of-the art bilingual program uses a global e-enabled education strategy to export high quality management development programs to overseas students. Enrolments ON THE RISE New undergraduate degree enrolments up by 1.9% New domestic undergraduate enrolments up The Prime Minister of Australia, by 46.% The Hon John Howard MP announced a $4.5M grant towards the University’s Faculty of Health Faculty of Business domestic undergraduate degree Sciences & Medicine building. enrolments up by 15.% Faculty of Humanities domestic undergraduate degree enrolments up by 17.6% Faculty of Law domestic undergraduate degree enrolments up by 14.7% Faculty of Law postgraduate degree enrolments up by 19.% BOND UNIVERSITY MBA #1 FOR COURSE QUALITY* *Compared to Australia’s Group of Eight leading universities, Graduate Careers Australia, 005 Graduate Destination Survey and Course Experience Questionnaire. BOND UNIVERSITY ANNUAL REPORT 0 0 5 5 CHANCELLOR’S MESSAGE Bond University continues to progress Government to a pluralistic approach during the early days of Bond through in terms of achieving recognition as to higher education in this country. the Art Gallery committee and various Australia’s only independent, private fundraising events. ‘blue-chip’ educational experience. During 005 Bond reconnected with Bond University is an institution where the business community and actively Governance is a strong element of the our students gain a university degree reviewed its business programs. University. The governance structure that is recognised by Australian and I, with the Vice-Chancellor and the Dean that has been in place since 00 is international employers as having of the Faculty of Business, Technology aligned with
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