Macquarie University Annual Report 2018 (PDF 3.9Mb)
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SPINE - WIDTH REQUIRED SPINE - WIDTH Annual report 2018VOLUME 1 2 MACQUARIE UNIVERSITY ANNUAL REPORT 2018 MACQUARIE UNIVERSITY ANNUAL REPORT 2018 3 Contents 2018 FINANCIAL SUMMARY 4 MESSAGE FROM THE VICE-CHANCELLOR 5 OUR PURPOSE, VISION AND VALUES 6 SNAPSHOT 7 LEADERSHIP 8 ORGANISATION STRUCTURE 9 2018 IN REVIEW 10 IMPROVING WELLBEING IN OLDER PEOPLE 12 BUILDING THE BUSINESS LEADERS OF TOMORROW 13 TURNING UP THE VOLUME ON HEARING 14 ADVANCING THE FUTURE OF SCIENCE 16 CREATING COMMUNITY PARTNERSHIPS 17 RESEARCH 18 LEARNING AND TEACHING 20 OUR STUDENTS 24 ENGAGEMENT 26 INVESTING IN OUR FUTURE 28 AWARDS, HONOURS AND RANKINGS 30 STATUTORY REPORTING 33 FINANCIAL STATEMENTS 53 INDEX 120 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 to 31 December 2018. The Hon Michael Egan Professor S Bruce Dowton CHANCELLOR VICE-CHANCELLOR AND PRESIDENT 4 MACQUARIE UNIVERSITY ANNUAL REPORT 2018 MACQUARIE UNIVERSITY ANNUAL REPORT 2018 5 2018 Message from At a glance the Vice-Chancellor The past year was one of significant achievement Macquarie University – thus aligning our will be invested to develop and test digital health for Macquarie University. Although marked by AACSB accreditation for the MGSM into an solutions, while equipping Australians to better government policy changes and international institution-wide scope of accreditation and manage their own health and wellbeing. market shifts that impacted aspects of our work meaning that the University will have a single Macquarie also assumed responsibility for the and constrained our resources, we have invested AACSB accreditation going forward. research and optical instrumentation capability $79 million 11,732 2252 $114 considerable time charting a pathway through Considerable progress was made towards of the Australian Astronomical Observatory in scholarships and international students Higher Degree these policy and market changes while staying achieving the University’s goal of creating greater (AAO), which will build new optical astronomy million true to our mission as a university of service grants to students from more than Research enrolments participation opportunities for Indigenous staff instruments for the world’s largest telescopes, and engagement. In response, Macquarie has 120 countries in research income and students. Launched in May, our inaugural create new opportunities for Australian industry and block grants continued not only to strengthen our reputation in Aboriginal and Torres Strait Workforce Plan and enhance career pathways for young scientists learning and research but also to reach milestones 2018 – 2021 addresses the key priority areas and engineers. of which we are very proud. of the Indigenous Strategy 2016 – 2025. At the As we do every year, Macquarie focused on its Macquarie received record funding from the same time, Dr Leanne Holt was appointed as enduring commitment to community service and Australian Research Council (ARC) in a single Pro Vice-Chancellor (Indigenous Strategy), with engagement. In this area, we progressed a range funding round, exceeding our previous record by responsibility for leading Indigenous strategy of key projects and initiatives. Of particular note more than $4 million. Also, of significant note is and development. was the exciting partnerships with our corporate the success of our researchers in being awarded $3557 $2437 2.5% 13.9% Macquarie’s first Gender Equity Week, an initiative neighbours in the Macquarie Park Innovation full funding in the National Health and Medical Return on cash Return on other designed to underpin our commitment to improve District (MPID), including securing the globally Research Council’s (NHMRC) December grants million million gender equity, drove further engagement with recognised Venture Café. The University was and term deposits investments round of more than $3.3 million to progress our our Workplace Gender Equity Strategy. The week also proud to join the Massachusetts Institute Total assets Investment in Above internal Above internal priorities in health and medical research. These featured a diverse program of events that attracted of Technology Regional Entrepreneurship Up $375 million on FY17 campus assets grants are testament to the quality of our research benchmark benchmark more than 800 people across the University. Acceleration Program (MIT REAP). Up $160 million on FY17 and will enable us to extend its reach and impact. The University continues to invest in the next Major building works across campus reflect our During the year, we have continued to balance the generation of researchers, with 556 students ongoing program to transform the physical and need to grow and adapt to changing circumstances completing higher research degrees during 2018. functional environment of the University, with a with maintaining the fundamental notions of parallel commitment to protect and enhance both service and engagement that set Macquarie In affirming our commitment to place students its beautiful green spaces and public realm. The University apart. This would not be possible at the heart of everything we do, staff across the University prioritises sustainability in its campus without the hard work and commitment of the $1128 $80 University worked collegially this year on a major development program, including the practice of enthusiastic and dedicated people in our project to transform our curriculum. Available a minimum of a 2:1 tree replacement program. University community. million million $82 from 2020, the new curriculum will offer our income from other comprehensive students flexibility and deliver a richer experience The University’s new School of Engineering I thank everyone for their part in challenging to prepare them to pursue the careers of tomorrow. building opened at Waterloo Road offering conventional thinking through innovation and continuing operations income students first-class facilities and opportunities to hard work, while staying true to the University’s Macquarie’s transformational approach to Up $43 million on FY17 collaborate with researchers and industry partners long-range framework Our University: A Framing million learning and teaching has brought many exciting on projects. Campus redevelopment continued of Futures. developments for students. During the year, we apace with a focus on the Central Courtyard and welcomed the first students to the University’s Cash flows provided by the Arts Precinct, but the intent of all the works medical program. is to improve the amenities for our students and operating activities The Faculty of Business and Economics launched staff, enable the delivery of more contemporary an innovative initiative in online learning. The and effective spaces and work experience for our MGSM Global MBA (see page 13) is now delivered students and staff, along with the facilities for completely online via the Coursera platform. The discovery and scholarship. Professor S Bruce Dowton faculty was also very pleased to receive formal The University was a core participant in the VICE-CHANCELLOR AND PRESIDENT accreditation for five years from the Association successful bid to establish a Digital Health CRC to Advance Collegiate Schools of Business (AACSB) (Cooperative Research Centre). The bid in 2018. Significantly, the AACSB’s accreditation obtained the support of 64 industry partners and will encompass all of business and management at 16 university partners. More than $200 million 6 MACQUARIE UNIVERSITY ANNUAL REPORT 2018 MACQUARIE UNIVERSITY ANNUAL REPORT 2018 7 Our purpose, vision and values Snapshot 5 QS Stars More than 30,000 More than 300 in teaching, employability, research, work placements or community experiences industry partners on campus or in the adjacent internationalisation, facilities, innovation, through PACE (Professional and Community high-tech precinct, providing access inclusiveness and specialist criteria Engagement) partnerships to internship and job opportunities PURPOSE VISION VALUES Ranked in the top 1 per cent 10,000 degrees Fully integrated health precinct Macquarie is a university of service We aspire to be: As custodians of Macquarie University, of universities in the world awarded annually centred around our on-campus hospital we value: and engagement: • a destination of choice for students and • We serve and engage our students and staff who share our values. SCHOLARSHIP staff through transformative learning • deeply connected with our stakeholders We believe learning, enquiry and discovery and life experiences. and partners, and known for this improve lives. • We serve and engage the world globally. through discovery, dissemination of INTEGRITY • ranked among the highest-performing We conduct ourselves ethically, equitably knowledge and ideas, innovation and research universities of Australia and, deep partnerships. and for mutual benefit. More than 184,000 More than 44,000 100 per cent for key disciplines, to be recognised alumni from over students from over of research activity rated at world globally for our pre-eminence. EMPOWERMENT 140 countries 120 countries standard or above • known across Australia and beyond as We make our community a source of custodians of a remarkable university strength and creativity. campus that blends the vibrancy of a Through our actions, as staff and students, cosmopolitan university village with a we live these values and it is against