Macquarie University Annual Report 2020 Macquarie University Annual Report 2020 3
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Annual report 2020 VOLUME 1 2 MACQUARIE UNIVERSITY ANNUAL REPORT 2020 MACQUARIE UNIVERSITY ANNUAL REPORT 2020 3 Contents FINANCIAL PERFORMANCE 4 MESSAGE FROM THE VICE-CHANCELLOR 5 WHO WE ARE 6 SNAPSHOT 6 LEADERSHIP 8 ORGANISATION STRUCTURE 9 2020 IN REVIEW 10 Responding to COVID-19 14 Launching our Operating Plan 16 Showcasing arts and humanities 18 RESEARCH 20 LEARNING AND TEACHING 24 OUR STUDENTS 28 OUR SUPPORT SERVICES 29 ENGAGEMENT 30 INVESTING IN OUR FUTURE 32 AWARDS, HONOURS AND ACCOLADES 34 STATUTORY REPORTING 39 FINANCIAL STATEMENTS 59 INDEX 135 In accordance with the Annual Reports (Statutory Bodies) Act 1984 (NSW), Macquarie University presents to the responsible Minister the following report of its proceedings for the period from 1 January 2020 to 31 December 2020. Dr Martin Parkinson Professor S Bruce Dowton CHANCELLOR VICE-CHANCELLOR PHOTO: Fortem Media AND PRESIDENT 4 MACQUARIE UNIVERSITY ANNUAL REPORT 2020 MACQUARIE UNIVERSITY ANNUAL REPORT 2020 5 Financial Message from performance the Vice-Chancellor Much has been written and reported about I was very pleased that the University was Macquarie’s Strategic Research Framework the COVID-19 pandemic that dominated recognised as an Employer of Choice for Gender was refreshed with a new approach to internal 2020. Macquarie University, along with other Equality by the Workplace Gender Equality investment introduced to cultivate strategic 1973 higher $131 $13 universities across Australia and around the Agency for our progress towards gender equity multidisciplinary research in the emerging world, faced and addressed uncertainty on a scale and recognition of Macquarie’s focus on actions to research landscape. We had our strongest year yet this year that is unprecedented. bring about long-term systemic change. for research income, which is a very significant result considering the impact of COVID-19 on the I am particularly proud of our University community The University’s Campus Development Plan degree million million University’s ability to conduct research. in research income and student special for showing remarkable adaptability and resilience continued with Faculty of Arts staff moving in confronting each challenge. I am especially into a spectacular new purpose-built Arts This year’s Annual Report reflects a very block grants assistance grateful for the concern and support extended to Precinct mid-year. A new building and atrium challenging and interrupted year, but one in enrolments all our students, locally and internationally, as they joined the refurbishment of existing buildings which the University community continued to adapted to new ways of learning and studying. to create innovative teaching areas and staff mark significant achievements and exemplify the accommodation. Dedicated museum floor fundamental notions of service and engagement The Annual Report 2020 highlights the targeted space consolidates the University’s Ancient that set Macquarie University apart. services that we rapidly put in place to support History Museum, Numismatics collection and students during the pandemic and beyond – such Australian History Museum. as academic and technical support for online learning, and financial and personal support for A new environmentally sustainable teaching and care and wellbeing. Our collective response was learning building for the Faculty of Medicine, 10,968 $2836 $92 made possible by committed staff across the Health and Human Sciences (adjacent to Professor S Bruce Dowton University, working remotely and on campus. Macquarie University Hospital) was opened. VICE-CHANCELLOR AND PRESIDENT I thank all my colleagues for their extraordinary The four-level timber and glass building offers dedication to embracing new ways of working and contemporary team-based learning spaces for international million million helping students through the transition. future medicine and health sciences students, investment in campus assets in scholarships and and supports the faculty’s rapidly expanding A range of activities and achievements continued grants to students requirements and courses. Significant progress at Macquarie alongside this disruption. Extensive has also been made on our Central Courtyard students engagement with the University community saw the featuring a new graduation hall; new teaching, from more than 117 countries development of our Operating Plan 2020–2024, and learning and retail spaces; and new campus-based we began its implementation to guide Macquarie accommodation, a first for Macquarie. We look through the changes needed to secure a sustainable forward to opening this vibrant new campus future. The development of the Operating Plan was centre in early 2021. in progress when the coronavirus began to sweep across the world, and it was subsequently adapted to Our determination to put students at the centre take into account the impacts of COVID-19. of everything that we do was reflected in the 6000 students who completed a COVID-safe 33,864 $69 $1152 Macquarie achieved solid gains in two of the main Professional and Community Engagement (PACE) world university rankings this year. We rose from activity with more than 760 partners, where 237 to 214 in the QS World University Rankings, students completed in excess of 1200 activities. and to 195 in the Times Higher Education World domestic million million More than 3000 students also enrolled in our University Rankings from the 201–250 band – our Global Leadership Program with dozens of EBITDA* income from highest-ever position. In the Global MBA Rankings events run in support of this rigorous continuing operations 2021, Macquarie Business School's Master of co-curricular initiative. students Business Administration ranked 95th out of 258 MBA courses offered worldwide. Macquarie’s reputation as a leading centre for research was enhanced throughout 2020. In Our reimagined Bachelor of Arts won the The Australian Research Magazine (2020), the Employability category in the Australian Financial University was named as a leading institution in Review Higher Education Awards for preparing 11 research fields and 11 of our researchers were students for the world of work, and our Global honoured as the most influential in their field. MBA was ranked as the number one program in *EBITDA: Earnings before interest, taxes, depreciation and amortisation Australia by CEO Magazine. 6 MACQUARIE UNIVERSITY ANNUAL REPORT 2020 MACQUARIE UNIVERSITY ANNUAL REPORT 2020 7 Who we are Snapshot Macquarie is a university of service and engagement. We serve and engage our students and staff through transformative learning and life experiences; and we serve and engage the world through discovery, dissemination of knowledge and ideas, innovation and deep partnerships. 6 researchers $1 billion More than 44,000 100 per cent WE ASPIRE TO BE in the top 1 per cent invested to create a collaborative students from over of research activity rated at • a destination of choice for students and staff who share our values of scientific authors in the world campus with world-class facilities 140 countries world standard or above and infrastructure • deeply connected with our stakeholders and partners, and known for this globally • ranked among the highest-performing research universities of Australia, and recognised globally for our pre-eminence in key disciplines • known across Australia and beyond as custodians of a remarkable university campus that blends the vibrancy of a cosmopolitan university village with a natural Australian bushland setting. As custodians of the University, we value scholarship, integrity and More than 40,000 Only university in Australia More than 150 3 SUBJECTS empowerment. We believe learning, enquiry and discovery improve work placements or community experiences with its own metro station partner universities for student ranked in the top 50 globally lives; we conduct ourselves ethically, equitably and for mutual through PACE (Professional and Community exchange in over 45 countries and 7 in the top 100 benefit; and we work to make our community a source of strength Engagement) partnerships (QS World University Rankings by Subject, 2020) and creativity. Through our actions, as staff and students, we live these values, and it is against them that we hold ourselves accountable. ACKNOWLEDGEMENT OF COUNTRY We acknowledge the traditional custodians of the land upon which this University is situated, the Wallumattagal people of the Dharug Nation, whose cultures and customs have nurtured, and continue to nurture, this land since the Dreamtime. We pay our respects Ranked in the top Ranked among the top 10 Heart of Sydney’s More than 4000 partner to the Dharug people and the Wallumattagal clan. We also wish 1 per cent universities in Australia for employability fastest-growing business region organisations to acknowledge and pay our respects to the Elders of the Dharug of universities in the world (QS Graduate Employability Rankings, 2020) only 15 kilometres from the Sydney CBD across Australia and around the world, Nation, past, present and future. (QS World University Rankings, 2021) providing access to industry contacts that We further wish to honour and pay our respects to the ancestors help develop valuable employability skills and spirits of this land. We humbly ask that all members of the Macquarie University community are granted the capacity to wingara – to think, to learn and to walk safely upon this pemul (this land). The University continues to develop respectful and reciprocal relationships with all