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2018-Annual-Report.Pdf 2018 ANNUAL REPORT GROWING TODAY. BUILDING New Fishermans Bend Campus 2022* Southbank Campus Redevelopment 2019* New Student Precinct 2022* THE IDEAS OF Engineering ideas for the 21st century Melbourne’s new creative centre Bringing the campus community together The University is creating a world-class engineering school for the This ambitious $200 million project, including the new Melbourne Co-created with students, the New Student Precinct at Parkville will 21st century, including a new purpose-built engineering campus Conservatorium, brings music and fine arts students together at the provide a place for students to connect, engage and innovate. TOMORROW at Melbourne’s Fishermans Bend – Australia’s newest design and heart of the Melbourne Arts Precinct. It supports the Faculty of Fine Arts This vibrant precinct will bring together student services with study engineering precinct. and Music’s standing as a world-leading arts education institution with spaces, arts and cultural facilities with food and retail outlets; all in close cutting-edge facilities and strong industry links. proximity to the Parkville campus. Science Gallery Melbourne 2020* Old Quadrangle Redevelopment 2019* Western Edge Biosciences Parkville 2019* Werribee Campus Redevelopment 2019* Growing minds in arts and science Reaffirming the heart of the University Where modern facilities meet our living Victoria’s world-class home for veterinary The newest addition to an acclaimed international network with eight Following an extensive restoration and the incorporation of cultural and heritage education and animal treatment nodes worldwide, the landmark Science Gallery Melbourne will be event spaces, the Old Quad will be reaffirmed as the University’s cultural, Bringing three faculties together for the first time, our Western Edge Through a $63 million investment, the University is expanding its embedded in the University of Melbourne ’s new innovation precinct, civic and ceremonial heart. Biosciences program will create world-leading teaching, learning Veterinary School and U-Vet Animal Hospital at Werribee to deliver providing a dynamic venue for growing minds in arts and science. and research facilities for an advanced student experience for the greater treatment, training and client facilities for Victoria’s only globally next generation of bioscientists, veterinarians and doctors. accredited veterinary medicine degree. Melbourne Connect 2020* New Student Accommodation 2020* Solving challenges collaboratively Home away from home The University of Melbourne, in partnership with a consortium led The Melbourne Student Accommodation Program will provide by Lendlease, is developing Melbourne Connect, Australia’s leading students with high-quality, secure and affordable accommodation innovation precinct on the former site of the Royal Women’s Hospital. within close proximity to the Parkville campus. The Program is The precinct is designed to co-locate leading industry, government, expected to deliver 6000 accommodation placements by 2020 – entrepreneurs, students and researchers to work together to develop offering students a wide variety of accommodation options that range innovative solutions to major societal challenges. in price, amenity and services. Artist’s impression, Western Edge Biosciences Parkville * Anticipated completion date Cover image: Artist’s impression, New Student Precinct on the Parkville campus Artist’s impression, Ian Potter Auditorium, Southbank, part of the ambitious $200 million capital works project to boost the standing of the Faculty of Fine Arts and Music as a world- leading, cutting-edge arts facility with strong industry links. For over 160 years the University of Melbourne has focused on the future. That’s why we’re renewing our campus infrastructure – to build the ideas of tomorrow. Campus locations 1. Parkville 6. Werribee CONTENTS 2. Southbank 7. Creswick 3. Burnley 8. Shepparton Message from the Chancellor 6 4. Hawthorn 9. Dookie Message from the Vice-Chancellor 7 5. Fishermens Bend 2018 at a glance 8 History and 2018 Highlights 10 9 Key statistics 12 8 Strategic roadmap 14 Teaching, learning and the student experience 16 7 Research 30 Engagement 44 Sustainability 58 University governance 68 Council 70 1 4 Governance structure 2018 74 5 2 6 3 Senior leadership 76 Faculties, schools and other academic units 78 Statutory reporting 80 Financial report 90 Financial statement overview 92 Five-year financial summary 95 The University of Melbourne Financial statements 98 Disclosure index 151 Glossary 154 MESSAGE FROM THE CHANCELLOR The Hon. Gayle Tierney MLC Minister for Training and Skills and Minister for Higher Education Level 1, 2 Treasury Place East Melbourne Vic 3002 29 March 2019 MESSAGE FROM THE Dear Minister VICE-CHANCELLOR I am pleased to submit for your information and presentation I am also delighted to report that in 2018, after an It was a privilege for me to take up the role of Vice- Today the University’s global standing is strong – and it should to Parliament the Annual Report of the University of exhaustive search within Australia and internationally, Chancellor of the University of Melbourne in 2018. I grow stronger in years ahead. I particularly look forward to Melbourne for the year ending 31 December 2018. the University welcomed its 20th Vice-Chancellor, come to this university from another great university, helping develop the next University strategy. I am especially Professor Duncan Maskell, who succeeded Professor Glyn Davis The University of Melbourne Council endorsed the Annual the University of Cambridge, full of enthusiasm to lead keen to support the University’s Indigenous relationships and on 1 October. University Council looks forward to working Report at its meeting on 14 March. The Annual Report is Melbourne through its next stage as it becomes an even its continuing leadership in Reconciliation, and its valuing of closely with Vice-Chancellor Maskell in the years to come. prepared in accordance with the requirements of the financial stronger force in international higher education. diversity and an inclusive culture for students and staff members. reporting directions under the Financial Management Act I am mindful of inheriting a great legacy of work by my I look forward eagerly to the next stage of building as we 1994. This Council remains a group of leaders mindful of predecessor, Vice-Chancellor Glyn Davis. In the time continue to leverage Melbourne’s unique position as a their important duty to serve the University of Melbourne period covered by this Annual Report, the University university of excellence in a great city and in the wider world. and the broader society of which it forms a part. The has brought to completion many of the key objectives Yours sincerely Council exercises broad oversight of the University’s expressed through the Growing Esteem strategy, and operations, whose day-to-day work is the responsibility of continued to build prudently for the future. Yours sincerely the Vice-Chancellor and the University’s staff members. Among its positive and forward-looking initiatives in 2018 As you will read in this report, the University has taken were the beginning of construction of the new Student significant steps in 2018 towards discharge of its wider social Precinct at Parkville, the creation of the Melbourne School of responsibilities. These include steps to deepen its relationship Professional and Continuing Education, and the continued with Indigenous Australians through the adoption of the third recruitment and development of high-citation researchers Reconciliation Action Plan, and its related commitments. It Allan J Myers AC QC within the University community. I am also delighted that the Professor Duncan Maskell has also continued to excel academically, a point reflected Chancellor University has surpassed its Advancement targets for the year. Vice-Chancellor in its continued position as the leading Australian university according to both the Academic Ranking of World Universities and the Times Higher Education World University Rankings. 6 Annual Report 2018 7 2018 AT A GLANCE #1 #32 $460m in Australia in the world research in the THE THE Global Rankings Global Rankings income* 7309 22,234 #6 in the world research total award in graduate publications completions employability+ 51% 52,745 #1 undergraduate students in Australia (EFTSL) in the ARWU 49% graduate 8983 140+ 42% staff student international (FTE) nationalities students 90% 3500+ of staff and students 385,000+ walk, ride or catch participants in The Old Arts building sits alongside the Old Quadrangle living alumni alumni mentor in the heart of the University of Melbourne’s Parkville public transport campus. While echoing the Gothic-inspired architecture to campus of the Old Quad – whose foundation stone was laid in programs 1854 – Olds Arts was actually built in the 1920s. *Estimated, confirmation from HERDC due June 2019 +in the QS Graduate Employability Ranking 8 Annual Report 2018 2018 At a glance 9 OUR HISTORY 2010 Committed to reconciliation 2018 2008 Best in Australia, one of the With its first Reconciliation Action Introducing an innovative finest universities in the world Plan in 2010, the University of 1853 1880 new curriculum Melbourne made an official Today the University of Melbourne Laying a foundation Welcoming women to In 2008 the introduction commitment to using its teaching is the leading centre for higher for excellence an all-male bastion of the Melbourne Model and learning, research and
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