2003 Annual Report FBE

aAnnual Report 2003 – Outlook 2004 >Faculty of Economics and Commerce

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Message from the Dean 1

The University of Melbourne 2

Faculty of Economics and Commerce 3

2003 Faculty Highlights 5

Academic Programs 6

Research and Research Training 10

Internationalisation 11

Staffing 14

Distinctions and Awards 15

Business and Community 16

Research Grants Awarded for 2003 17

Statistical Tables 19

Departmental Profiles 22

Centres in the Faculty 25

Graduates of the Faculty 28

People in the Faculty 30

Contact the Faculty 42

Contents > Message from the Dean >Our growth in postgraduate programs andundergraduate fee-paying students has enabled us to expand our facilities. We have enhanced our infrastructure to ensure that students haveeasy access to information technology. Ourinnovative Teaching and Learning Unit supports the achievement of high quality teaching. We arenow planning a new building that we expect tooccupy by 2007.

The growth in the teaching programs has been accompanied by a growth in our researchproductivity and the quality of our research. Our goal in the medium term is to be the besteconomics and commerce research faculty in the region. We continue to attract high qualityacademics and have strategies in place to ensure that we support and encourage researchoutput. This strategy has resulted in an increase in our share of competitive research grants as well as our continual presence in high profileresearch publications. Academic staff undertakeresearch that is both applied and basic and coversaccounting, e-commerce, information systems,economics, finance, management and marketing.

The achievements of the Faculty in both teachingand research could not have occurred without theexcellent support of our administrative staff.

There are many challenges that face us in the next five years. Of high priority is the developmentof a strategy in response to the Higher EducationReforms introduced by the Australian Governmentin 2003. As a Faculty we want to ensure that wecontinue to attract the highest quality studentswhile at the same time providing access to a widerrange of students through our access and equityprograms. Demands for places in the Facultycontinue to grow and it is important that wecommit resources so that the most able students,regardless of their means, are able to access an education in our Faculty.

We also have as a high priority the continueddevelopment of our research profile – this will not only enable us to attract the very bestacademic staff nationally and internationally it will also ensure that our teaching programs are of the highest quality.

We hope that you will find this report on theactivities of the Faculty in 2003 and the profile ofthe academic and administrative staff of interest.

Margaret AbernethyDean

The Faculty experienced significant growth in the last tenyears under the leadership of Professor Ross Williams(1993-2002) and more recently Professor Peter Dawkins(2003). We continue to attract the very best under-graduate students and have developed an excellentrange of postgraduate programs in Australia.

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The University of Melbourne celebrated its 150th anniversary in 2003. Since its foundation in1853, the University of Melbourne has built an international reputation based on high standardsof scholarship and teaching, prestigious international links and the quality of its academic staffand students.

There are 38,000 students at the University of Melbourne, including about 10,000 pursuinghigher degrees and diplomas, and is supported by nearly 6,000 staff.

The Faculty of Economics and Commerce is one of 11 faculties. The others are the faculties of Architecture, Building and Planning; Arts; Education; Engineering; Law; Medicine; Music;Science; Veterinary Science and the Institute of Land and Food Resources. Each facultyconducts courses for various degrees of bachelor, masters and postgraduate diplomas. Themajority of undergraduate students take subjects from more than one faculty and many areconcurrently enrolled in degrees from two faculties. The University also confers the Doctor of Philosophy degree and higher doctorates.

The University is a member of the Group of Eight leading comprehensive research-intensiveuniversities in Australia. The Group of Eight universities undertake 70% of all researchconducted in Australian universities and over half of all basic research conducted throughoutAustralia. They also produce between 60% and 80% of internationally recognised Australianresearch publications in every field of research and over 80% of internationally cited universityresearch from Australia.

In addition, the University is a member of the international network Universitas 21. Thenetwork made significant advances in the development and delivery of an on-line MBA andinternational student and staff mobility in 2003.

The main University campus covers 20 hectares and is located at Parkville, two kilometres north of Melbourne’s city centre and financial district. A number of residential colleges andstudent apartments are located close to the campus.

The Faculty was established in 1924 with teaching for the Bachelor of Commerce degreecommencing on 2 March 1925. Economics,however, has been taught at the University ofMelbourne since its foundation. W.E. Hearn wasappointed as a professor of history and politicaleconomy in 1855.

The foundation Dean of the Faculty was ProfessorSir Douglas Copland who remained a leading figurein Australian economics and politics until his deathin 1971. The Faculty’s 500-seat main lectureauditorium is named after him.

The Faculty has always been a pioneer in business education in Australia. Marketing hasbeen taught since the 1930’s; in 1954 it appointedA.A. Fitzgerald as the first full-time professor ofaccounting in Australia; the MBA degree wasintroduced in 1963 (now taught in the MelbourneBusiness School). More recently, the Faculty hasintroduced Masters degrees in business and IT,applied finance, international business, appliedcommerce and accounting.

The student population has changed from an initialintake in 1925 of predominantly part-time studentsworking in commerce in the city of Melbourne to full-time students drawn from Australia andoverseas who are amongst the most able of theirgeneration.

Since 1925, over 23,000 students have graduatedfrom the Faculty. Many of these graduates nowoccupy senior positions in business, governmentand academia, both within Australia andinternationally.

02 The University of Melbourne Faculty of Economics and Commerce>History

>

Pictured above standing left to right: Staff of 1925: Mr G.L. Wood, Mr A.A. Fitzgerald,Mr E.V. Nixon, Mr E.C.W. Kelly. Seated: Mr R.B. Lemmon, Professor D.B. Copland

150Years of Achievement

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04 052003 Faculty Highlights >Demand for undergraduate and postgraduatecourses continues to be strong. High selectionstandards ensures that the Faculty attracts the top 5% of students nationally and internationally. In August the total student load in the Facultyreached a full-time equivalent of 4364, an increase of 174 in 12 months.

To cater for continued strong demand in theprofessional masters area, the Faculty introducedan extended range of Master of Applied Commercecourses, now also offering specialisations in humanresource management, international business andoperations management. The Faculty’s new Masterof Business and Information Technology programwas featured in the launch of the university-wideGraduate IT suite of programs. At the launch,business and community leaders met to considerwhat impact an IT enabled economy will have onthe quality of life, work, business and government.

The Melbourne Institute in conjunction with TheAustralian newspaper held a two-day Economicand Social Outlook Conference in November. TheConference was an outstanding success, bringingtogether high level experts, policy makers andbusiness people to help set the agenda forAustralia’s future.

Facility planning and construction was a majorfocus in 2003. The Faculty’s IT infrastructure grew to eight teaching labs ranging in size from 15 to 39 computers. In addition there is now onepostgraduate lab of 90 computers and a wirelessnetworked open work area with space for around50 students. Plans have been finalised for two new 30 seat labs and one undergraduate labexpanding to 300 by the end of 2004.

The Faculty participated in the University ofMelbourne’s 150th Anniversary Community Open Weekend at Parkville Campus in May, when an estimated 6000 people celebrated the origins and achievements of Victoria’s oldestuniversity. The Faculty staged a comedy debatetitled Business has ethics like law has justice. The debate was very entertaining with more than 400 people attending.

Teaching and research is undertaken by fourDepartments: Accounting and BusinessInformation Systems, Economics, Finance andManagement. The Centre for Actuarial Studies is located in the Department of Economics. TheDepartment of Management includes marketingand international business. The Melbourne Institute of Applied Economic and Social Researchis also located within the Faculty. The Faculty issignificantly expanding its professional masters.Close collaboration exists between departments in both teaching and research.

Some 7,000 students are enrolled in the variousdegrees and diplomas offered by the Faculty.Approximately 5,700 students, representing one in five undergraduates in the University, areenrolled in the Bachelor of Commerce degree,either as a single degree, or more commonly incombination with another degree such as Arts,Information Systems, Engineering, Law or Science.900 students are enrolled in postgraduate diplomasand degrees, including 120 in the PhD.

The Faculty teaches subjects to around 4,300equivalent full-time students. Of this load, 46 per cent are Australian students paying under an income contingent loan scheme (HECS) withsome government subsidy, 43 per cent areinternational students and 11 per cent are full fee-paying Australian students.

There are 120 full-time staff at the rank of lecturer and above are employed in the Faculty. The Facultyprides itself on its international reputation which is fostered by staff and student interchanges withoverseas universities. Staff both publish in theleading international journals and contribute toapplied research and policy within Australia. The Faculty has been ranked in the top 1% ofinstitutions researching in the field of Economicsand Business by the ISI's Essential ScienceIndicators world listing (based on 10 years of data). Seven staff have been honoured throughelection as Fellows of the Academy of SocialSciences in Australia.

The Faculty is housed in a modern buildingcomplex with state of the art facilities for both staff and students. A Teaching and Learning Unithas been established to foster developments inmultimedia and new teaching methodologies.

Faculty of Economics and Commerce >

Current ProfileThe aims of the Faculty of Economics and Commerce at the University of Melbourne are to:

– conduct and disseminate research of international standing in the disciplines of accounting,actuarial studies, economics, econometrics, finance, human resource management,business information systems, international business, management and marketing;

– provide the highest quality of teaching and training to students drawn from the uppermostcohort in Australia and overseas;

– develop close and mutually beneficial relationships with business, government, the not-for-profit sector and the professions, both nationally and internationally.

Debate photo with gong from alumni news - to becollected by Sophie from Susan McPharlin

Pictured above: The Great Debate team from left: Victor del Rio, Gael Jennings, Loane Skene, Peter Dawkins, Neville Norman, Rod Quantock and Patrick Hayden.


06 07>UndergraduateThe clearly-in ENTER for the Bachelor ofCommerce degree was 94.7 representing the top five per cent of students in the State withcomparable levels for interstate and internationalstudents. Standards of entry for combined degrees were even higher.

Current students continue to excel winning awards and scholarships, most notably PatrickHayden (pictured right) being selected as one of six Australians to participate in the GoldmanSachs Global Leaders Program in New York.

The total number of students enrolled in theBachelor of Commerce, either as a single degreeor as a combined degree, was 5756 up from 5484 the previous year. This represents some 23 per cent of total undergraduate enrolments in the University.

Over 1000 students graduated with a Bachelor of Commerce and a further 140 graduatedBachelor of Commerce (Honours).

Academic Programs

Considerable effort was devoted to theincorporation of the nine principles of teaching and learning. These innovations were driven by the Teaching and Learning Unit, directed byAssociate Professor Carol Johnston, working in association with the Quality of TeachingCommittee chaired by the Deputy Dean, ProfessorGarry Marchant. An improved transition subject for students in their first semester of study waslaunched in 2003. The subject was designed todevelop a sense of belonging in the Faculty and to familiarise students with a range of skills andstrategies to assist them to successfully make the transition to tertiary study.

Lectures were again provided to VCE students in Economics, Accounting and BusinessManagement. In 2003, 2227 students from 74 high schools attended these lectures (up from 1600 in 2002).

The guest speaker at the annual prize-givingceremony was Ms Nicola Scott from the ANZBank. Employer groups continue to generouslysupport students with sponsorship of prizes and scholarships.

The Faculty’s seven student societies were againvery active with events ranging from employerinformation sessions to the InternationalCommerce Student Society festival of nationsevent.

Results of the 2002 Graduate Destination Surveywere released in 2003. Some key findings are that Faculty graduates continue to do well with the proportion of undergraduates who had found full time employment at 90%. Comparable nationalfigures show an employment rate of 78.9% forBusiness Studies, 90.7% for Accounting and86.7% for Economics. Salaries:

Bachelor

Mean salary $41,435Median salary $39,500

Postgraduate

Mean salary $68,719Median salary $68,000

A high percentage of graduates are employed in the private sector (87% bachelors and 74%postgraduates).

The following undergraduate courses are offered in the Faculty of Economics and Commerce:

Bachelor of CommerceBachelor of Commerce (Management)Bachelor of Commerce (Honours)

The Bachelor of Commerce (BCom) is a three yearfull-time program. The honours degree requires afurther one year of full-time study. The Bachelor ofCommerce aims at developing powers of criticalanalysis that can be applied in many fields, andprovides professional training for a wide variety of professions. Students studying the BCom canstructure their program of study to include any of the following specialisations:

AccountingActuarial StudiesBusiness Analysis and SystemsBusiness Information SystemsBusiness Law e-CommerceEconometricsEconomicsEconomics and Environmental StudiesFinanceHuman Resource ManagementInternational CommerceInternational ManagementMarketing and EconomicsMarketing ManagementOperations ManagementOrganisation Studies

The honours program allows students to furtherdevelop the specialisation they have undertaken as part of the pass degree.

The Bachelor of Commerce and Bachelor ofCommerce (Management) are also offered as acombined degree with each of the following:

Bachelor of AgricultureBachelor of Agricultural ScienceBachelor of ArtsBachelor of Arts (Media and Communications)Bachelor of EngineeringBachelor of Engineering (Information Technology)Bachelor of Forest ScienceBachelor of ForestryBachelor of Information SystemsBachelor of LawsBachelor of Property and ConstructionBachelor of Science

Each combined course is a five year full-timeprogram after which students graduate with twodegrees.


09

The following graduate programs are offered bythe Faculty of Economics and Commerce:

Graduate Diploma in Actuarial Studies

A one year full-time or two year part-time programprovides graduates who have a mathematical orstatistical specialisation with their initial actuarialeducation.

Graduate Diploma in Management Studies

A one year full-time or two year part-time programdesigned to provide graduates of any discipline a coherent education in management that willcomplement existing expertise with anunderstanding of management theory.

Postgraduate Diploma in Economics

A one year full-time or two year part-time programwhich assists students with a pass degree with a major in economics or econometrics developexpertise in the discipline of economics. Theprogram is also suitable for students without an honours degree who intend to proceed to a Masters program in Economics.

Postgraduate Diploma in Finance

A one year full-time or two year part-time programwhich provides students with the opportunity toundertake a broader and deeper training in financethan is feasible in a pass degree. The PostgraduateDiploma in Finance is also the first year of theMaster of Financial Management.

Master of Applied Finance

A twelve month full-time or two year part-timeprogram. The program focuses on the applicationof finance theory to practical problems and isaimed at those already working in finance or a financial-related industry.

Master of International Business

Twelve month full-time or two year part-timeprogram. The program is designed to equipgraduates with the skills and knowledge to operate in the world of international business.

Master of Applied Commerce courses are

offered as either a 12 or 16 subject program:

Master of Applied Commerce

The program is designed to provide generalisttraining in commerce and business to graduatesfrom disciplines outside of economics andcommerce.

Master of Applied Commerce (Accounting)

The Master of Applied Commerce Accounting has been designed to assist young professionalswith a non-accounting degree to obtain anaccounting qualification. Successful completion of this degree prepares students for entry to theInstitute of Chartered Accountants of Australia(ICAA) or Certified Practicing Accountant (CPA)Professional Status.

08 Academic Programs >

Master of Applied Commerce (Business

Analysis and Systems)

The Master of Applied Commerce (BusinessAnalysis and Systems) provides graduates with the knowledge and skills to analyse and solvecomplex business problems. The course focuseson business processes and operations that aresupported by business information systems;together with a suite of analytical methods fromboth a financial and non-financial perspective.Creative thinking is also encouraged to support the design of new improved business processes.

Master of Applied Commerce (Human

Resource Management)

Master of Applied Commerce (Human ResourceManagement) has been designed to providefoundation training in business and economics, and specialist training in the management ofhuman resources. The focus of the program is theunderstanding of human resource managementwithin the wider enterprise and business context.

Master of Applied Commerce (International)

Master of Applied Commerce (International)provides foundation education in business andeconomics and specialist training in aspects ofmanaging across borders. The subjects offeredprovide students with an appreciation of howfunctional roles are altered by involvement ininternational activities and provide skills needed in their execution.

Master of Applied Commerce (Marketing)

The Master of Applied Commerce (Marketing) has been designed to assist young professionals to develop, implement and control integratedmarketing programs, work closely with managersin other functional areas, and pursue a career inmarketing management.

Master of Applied Commerce (Operations

Management)

Master of Applied Commerce (OperationsManagement) provides business education forthose who wish to work in the ‘engine room’ oftheir organisation, namely the central part wherethe goods and services are designed and produced.

Master of Applied Commerce (Organisational

Change)

The Master of Applied Commerce (OrganisationalChange) focuses on various aspects of changemanagement and incorporates an overallunderstanding of organisations and how they interact with their competitive and socialenvironments; insights into various perspectives on organisational change; an investigation into the role of management ideas and knowledge inorganisational change and appreciation of the waysin which people in organisations react to change.

Master of e-Commerce

The Master of Electronic Commerce has beendesigned to enhance the skills, competencies and capabilities of students across the range of business disciplines with a focus on theemerging e-business models.

Master of Business and Information

Technology

The aim of this program is to provide students with capabilities, skills and knowledge in businessinformation systems, business analysis andmanagement control systems enabling them to address questions about business processperformance and improvement.

Master of Accounting

A course of three semesters (150 points) full-timeor six semesters part-time. The program isdesigned to advance the skills and capabilitiesnecessary for the practicing accountant. Entryrequirements are an undergraduate degree inAccounting and at least one year's relevant work experience.

Master of Financial Management

Two years full-time or four years part-time, theMaster of Financial Management is designed to provide an understanding of financialmanagement principles and their application to corporate financial policy.

Master of Commerce in Employment

Relations and Human Resource Management

A one year full-time or two year part-time degreeby advanced seminar and shorter thesis. This is a research-oriented degree to meet the demandsof practitioners wishing to move into research-based careers.

Master of Commerce (coursework)

A one year full-time or two year part-time programwith specialisations in Economics and Finance. The program is an appropriate preparation for those intending to proceed to a PhD program.

Master of Commerce (by thesis)

A one year full-time or two year part-time program available in all departments of the Faculty.The MCom by thesis provides an appropriatefoundation for those wishing to proceed to a PhD program.

PhD

The PhD program can be undertaken bycompleting a thesis alone or by undertaking aprogram with a one year course work component.A PhD with coursework is available in Accounting,Economics and Finance.

Postgraduate ProgramsTotal enrolments in masters by coursework and graduatediploma programs increased to 796 students in August,which translated to 545 equivalent full-time students.Enrolments in the Master of Business and InformationTechnology contributed most to the increase.

Ms Tippaya Anan was awarded the first A.G. WhitlamScholarship in the MBIT and additional scholarships have been made available from this bequest.

An extended career development and mentor program was introduced in 2003. Both programshelped students develop skills for work and life after graduation. Participating students discoveredthe range of their career options, gained insight into specific industries, began to develop personaland professional networks and plan their career paths.


Research output remained well above the averageof the Australian G08 comparator universities. In thelast round of ARC research grants (for the period2003-2005) members of the Faculty were involvedin 13 successful proposals with grants totalling$2.073 million. New funds generated by Facultyadministered projects in 2003 totalled $549,000.

The Faculty now has a number of researchprograms that have funding over several years.This has enabled the Faculty to attract high qualityresearchers and to produce work of high qualitypublishable in top journals.

The Faculty has been ranked in the top 1% ofinstitutions researching in the field of Economicsand Business by the ISI's Essential ScienceIndicators world listing (based on 10 years of data).

A key determinant of Federal government fundingfor research and research training is income earnedfor research. The internal University fundingformula mirrors this approach. As a consequenceof success in attracting external research incomethe Faculty achieved the highest rate of increase of all faculties in the internal allocation of funds forresearch and research training.

10 Research and Research Training >The Faculty has established an internationalreputation as a preferred place for undergraduateand postgraduate study. In 2003 academic andadministrative staff made numerous visits overseaspromoting the degree programs offered by theFaculty and keep in touch with alumni. Countriesvisited included traditional source countries in Asia, namely, China, Singapore, Malaysia,Indonesia and Thailand. In addition visits weremade to the Gulf States, Europe, Latin Americaand the US.

The Faculty is increasingly focusing on buildingrelationships with overseas employers andsponsored career and employer events inShanghai, Singapore, and Kuala Lumpur. This will widen employment prospects for our students,both for summer employment and employment on graduation.

Research collaboration with overseas researcherscontinues to grow in importance. Each departmenthas an active seminar series featuring internationalresearchers. Academic staff from Arizona StateUniversity brought students to Melbourne toparticipate in joint delivery of undergraduatesubjects.

Exchange and study abroad is growing inimportance, and additional agreements wereconcluded with partners in Germany and the US.The Faculty committed additional scholarships toencourage Melbourne students to participate inexchange programs. The Faculty was representedat the annual NAFSA Conference held in Salt LakeCity. (NAFSA is an organisation that promotes theexchange of students and scholars to and from the United States.)

The Faculty signed agreements with Gadjah Mada University to offer a Dual Masters’ Degreefrom 2004 and also expanded the number of credit transfer agreements with selected partnerinstitutions in China and Indonesia.

The total number of international undergraduateand postgraduate applications submitted in 2003reached a new record. The Faculty improved its procedures for handling and processinginternational applications and commenced theimplementation of its diversification strategy during 2003.

To celebrate the University’s 150th anniversary, the Faculty hosted three alumni events inSingapore, Hong Kong, and Taipei.

Internationalisation > 11

Pictured above: From left to right: The Hon Dr Brendan Nelson MP, Minister for Education, Science and Training; Ms Lynne Kosky, Minister for Education, Science and Training (Victoria); Professor Brian Caldwell, Dean, Faculty ofEducation, The University of Melbourne. Pictured below: From left to right: Professor Richard Disney, School ofEconomics, University of Nottingham; Ms Julie Bishop MP, Minister for Ageing; Professor Jeff Borland, Head,Department of Economics, The University of Melbourne


1312

Melbourne was again rated the World’s MostLivable City by The Economist. In achieving a near-perfect result, Melbourne was rewarded forits excellent lifestyle based on outstanding scoresfor safety, culture and environment, education,recreation, weather and infrastructure. This rating,combined with the academic challenge of studyingat the University of Melbourne continues to make a six month to one year exchange an attractiveoption for international students.

The Faculty actively promotes opportunities forAustralian students to take part of their degree in an overseas university. Financial assistance isavailable for this. International students are fullyintegrated with Australian students in classes and on-campus housing.

University graduates who have spent time studyingabroad gain a competitive edge in any job market,but more importantly report that the experiencebroadens their cultural awareness and maturity.

The Faculty of Economics and Commerce currently has exchange programs with theinstitutions listed on page 13. Students from theseinstitutions are invited to apply to study within theFaculty. Opportunities exist for current students of the Faculty to study at these institutions also.Students of institutions not listed below are invitedto apply for the Study Abroad program within theFaculty. Applications for exchange or study abroadprograms should be made through the Universityof Melbourne’s International Admissions Office.

Partner institutions for exchangeprograms:

Canada

McGill University Queen's University University of British Columbia University of Toronto

China (People's Republic of)

Fudan UniversityNanjing UniversityPeking University Tsinghaua UniversityUniversity of Hong KongUniversity of Science andTechnology of China

France

Universite BordeauxUniversite Jean Moulin - Lyon 3

Germany

Albert Ludwigs UniversityFreiburg Free University Berlin University Heidelberg

Indonesia

University of IndonesiaGadjah Mada University

Ireland

University College, Dublin

Italy

University of Commerce ‘LuigiBocconi’University of Padua/ Padova

Japan

Doshisha UniversityKobe UniversityKyoto University Osaka University Ritsumeikan University Sophia UniversityTokyo Institute of Technology

Korea

Korea Advanced Institute ofScience and TechnologyPohang University of Scienceand TechnologySeoul National University

Malaysia

University of Malaya

Mexico

Monterrey Institute ofTechnology & Higher Education(ITESM)

The Netherlands

Erasmus University ofRotterdam, School ofManagementUniversity of Amsterdam

New Zealand

University of Auckland

Norway

Norwegian School of Economicsand Business AdministrationUniversity of Oslo

Singapore

Nanyang TechnologicalUniversityNational University of Singapore

Sweden

Lund University Umea University Uppsala University

Taiwan

National University of Taiwan National Tsing Hua University

Thailand

Chulalongkorn UniversityPrince of Songkla UniversityThammasat University

United Kingdom

Heriot-Watt UniversityUniversity of BirminghamUniversity of EdinburghUniversity of GlasgowUniversity of Nottingham

United States of America

Boston College Georgetown UniversityPennsylvania State University New York University (SternBusiness School)University of California – Berkeley – Davis – Irvine – Los Angeles – Riverside– San Diego – Santa Barbara – Santa Cruz University of Illinois, Urbana-Champaign University of Southern CaliforniaUniversity of Texas at AustinUniversity of VirginiaUniversity of Washington Washington University in StLouis (The Olin School ofBusiness)

Study Abroad and Exchange Opportunities


Dr Milé Terziovski was promoted to AssociateProfessor in the Department of Management.

Professor Peter Dawkins completed his tenure as Dean and returned to the Melbourne Institute as full-time Director.

Associate Professor David Johnson, MelbourneInstitute resigned on appointment to VictorianDepartment of Treasury and Finance.

Mr Nikos Thomacos was appointed to the role of Business Manager at the Melbourne Institute.

Dr Nilss Olekalns was promoted to AssociateProfessor in the Department of Economics.

Dr Lisa Cameron was promoted to AssociateProfessor in the Department of Economics.

Emeritus Professor (Roy) Leslie Roy Webb

was awarded Officer in the Order of Australia for service to tertiary education and to thedevelopment of initiatives aimed at addressingspecific community and student needs, and tofostering relationships between university andgovernment instrumentalities.

Professor John Nieuwenhuysen, Principal Fellow at the Melbourne Institute was awarded the Member of the Order of Australia for hisservice to the community through contributions to debate on immigration, cultural diversity, equity,economic development, taxation, indigenous,labour and industry issues.

Professor Peter Dawkins was appointed to the Prime Minister’s Science, Engineering andInnovation Council.

The prestigious Edward Brown Award and theUniversitas 21 Fellowship were awarded toAssociate Professor Nilss Olekalns in recognition of excellence in teaching.

The achievements of Professor John Freebairn

were recognised through the Faculty SpecialTeaching Award for Contribution to Excellence in Teaching.

The Outstanding New Lecturer Award went to Dr Angela Knox for outstanding results atpostgraduate level.

Individual awards for innovation in teaching were awarded to Associate Professor Phil Collier,

Dr Olan Henry, Dr Lea Waters, Professor Jeff

Borland, Associate Professor Nilss Olekalns

and Associate Professor Donald McLaren.

Professor Cynthia Hardy was awarded theEdward Clarence Dyason Universitas 21Fellowship.

Dr John Stachurski was awarded the 2003Chancellor’s Prize for Excellence in a PhD Thesis.The thesis was entitled Stochastic EconomicGrowth: an Operator-Theoretic Approach.

Dr Anne Wyatt was placed on the Vice-Chancellors list for Excellence in PhD research at the University of Technology, Sydney. Her thesis was entitled The Impact of Innovation andTechnology Conditions on Managers’ CapitalisationDecisions for Intangibles.

Professor Rob Widing was named a Top-10Marketing Researcher in the Asia-Pacific region for publications in Top-3 marketing journals over a ten-year period.

14 15Staffing > Distinctions and Awards >

Left: Associate Professor Milé Terziovski

Professor Jeff Borland (below) and Associate ProfessorNilss Olekalns (right) receive their teaching awards fromProfessor Peter Dawkins.


Research Grants Awarded for 2003 >Australian Research Council –Discovery-Project SchemeImpact of Intelligent Decision Aids on HumanKnowledge AcquisitionProfessor S Leech

Growth and Inflation Dynamics: Measuring Steady-State Growth, Output Gaps and InflationaryPressures using Survey Data in Australia and Other Advanced CountriesDr K Shields

When Markets Fail: A Comparative Assessment of Costs and Benefits of Trade InterruptionProfessor P Kofman

Assessment of Innovation Capability Models to Create Innovation Driven CompaniesProfessor D Samson

Implications of Emerging Forms of LabourManagement in Transitional Economies forHouseholds Livelihood Strategies: China and VietnamDr Y Zhu

A cohort analysis of the demand for meat and the impact of food scaresDr M Harris

The dynamics of economic and social change: An analysis of the Household, Income and Labour Dynamics in Australia SurveyProfessor M Wooden

Australian Research Council – LinkageProject Scheme – Awarded for 2003New directions in information economics andenvironmental policyProfessor P Bardsley, Mr C Beverly, Dr V Chaudhri,Dr L Gangadharan, Mr G Stoneham

Low skill workers in AustraliaProfessor J Borland, Dr M Shields

Innovation Management Strategies & Practices to Accelerate the Commercialisation Process in the Biotechnology IndustryDr M Terziovski, Professor D Samson

The Effects of Media Management Strategy onOrganisational Crisis Management and SurvivalDr M Terziovski

The evolution of Australian enterprises, 1990 to2007: an empirical analysis of the relationshipbetween turbulence among firms, productivity,growth and exportsDr E Mm Webster, Associate Professor T R Fry, Dr J Yong, Mr M J Klee, Mr T Harcourt

Melbourne Early Career ResearchGrantsTowards sustainability: an analysis of the greenconsumerDr A Paladino

Effects of work-organisation changes on aged care residents and nursesDr L Sargent

17

Conferences and WorkshopsFaculties of Economics and Commerce, Science and Engineering hosted a forum entitledAn IT Enabled Economy: Visions for the Future.Speakers included journalist Gael Jennings, PhilipBullock (CEO of IBM Australia and New Zealand,Randall Straw (Executive Director – MultimediaVictoria) and Melanie Kontze (General Manager for Hudson Global Resourcing).

The Melbourne Institute runs quarterly forums inMelbourne and Canberra – the Melbourne InstituteBusiness Economics Forum and the MelbourneInstitute Public Economics Forum. In addition anational conference Pursuing Opportunity andProsperity was held jointly with The Australiannewspaper in November 2003.

The Sixth Labour Econometrics Workshop, was held 8-9 August 2003.

Annual Public LecturesThe 13th Stan Kelly Memorial lecture wasdelivered by Emeritus Professor Helen Hughes.Her topic was Trade or Aid? Which Benefits our Developing Countries Neighbours Most? Is Australia Helping of Harming the Pacific. This lecture was held in conjunction with theEconomic Society of Australia (Victorian Branch) on 27 February 2003.

The Inaugural Max Corden lecture was deliveredby Professor Pranab Bardhan of the University ofCalifornia, Berkeley. Professor Bardhan spoke onInternational Economic Integration and the World’sPoor, held 27 March.

Professor Robert Shiller, Yale University, deliveredthe Sixth Finch Lecture on the topic The NewFinancial Order: Risk in the 21st Century, held 19 June.

Professor Jere Frances delivered the 64th annualCPA Australia Research Lecture on the topic Is thecurrent model of corporate governance adequate?held 16 June.

Ms Christine Nixon, Victorian Police Commissionerdelivered the 18th Foenander Lecture, The wayahead, policing the whole of the community, held10 November.

Inaugural LecturesProfessor Carol Kulik, Effective DiversityManagement Programs: The Practice-ResearchGap, held 10 September.

Print MediaMembers of the Faculty are regularly featuredtelevision and radio guests, participate in publicdebate through contribution to newspapers,journals and business magazines. An on-line expertguide is available at http://www.research.unimelb.edu.au/mediacontact.

16 Business and Community >

Faculty members contribute to professional and public debate through a range of conferences, lectures, short courses and in theprint media. In turn, representatives of the business community,government and non-profit bodies provide a major input into theactivities of the Faculty through membership of advisory boards, and participation in conferences and seminars. Some of the Faculty's more notable activities in 2003 are listed below.

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18 19Statistical Tables >

A cross country study on measures underlyinginflationDr L Song

The legacy of job loss: hope or helplessnessDr L Waters

Explaining the decline in the male employment-population ratioDr R Wilkins and Dr Y Tseng

Faculty Research GrantsMultidimensional ScreeningDr S Basov

The British Navy’s 1888 Program BudgetingReforms – key participantsMr P Cobbin

Buyer-Supplier Interactions and Choice of Asset SpecificityDr N Erkal

Econometric Estimation and Analysis of Global Distribution of IncomeProfessor W Griffiths

Evaluation of Alternative Approaches to Solving Large-Scale Macroeconomic ModelsProfessor W Griffiths/Dr P Stemp

The Historic Equity Premium in AustraliaDr J Handley

The Impact of New Technology on AustralianOrganisationsAssociate Professor W Harley/Professor C Hardy

The Role of Language in Cross-National MailSurvey ResearchDr A-W Harzing

Multivariate Generated Regressors andHeteroskedacity in a Cross-Section: Extensions and ApplicationsAssociate Professor J Hirschberg/AssociateProfessor J Lye

Globalisation and Economic BlocsDr G Magee/Associate Professor S Jayashuriya

Logistics Outsourcing – A Status Report ofLogistics Service Providers in AustraliaDr S Moosa/Dr D Power

Inflation and Economic Growth: A NonlinearApproachAssociate Professor N Olekalns

An Analysis of the Factors Affecting the AssetRecognition and Measurement Practices Adoptedby Local Government Authorities in AustraliaDr B Potter

A Study of the Use of Internet-Based Technologiesin Australian Fast Moving Consumer Goods(FMCG) IndustriesDr D Power

Strategy and Decision-Making in Firms in Respectof Corporate Sustainable DevelopmentProfessor D Samson

Finite Sample Behaviour of a Class of InstrumentRelevant StatisticsDr C Skeels

Addressing Lag Length Uncertainty in StructuralVector Autoregression ModelsDr P Summers

Equilibrium Foundations of FinanceDr R Raimondo

Approximations to the Sampling Distribution of theIV EstimatorDr C Skeels

Best Practice in Business Process Re-engineeringin Australian Small to Medium EnterprisesDr M Terziovski

Protégé-mentor agreement: the role of structuraland experience aspects of the mentorship,personality and workloadDr L Waters

Is there a Graduate Earnings Premium for Studentsfrom Private Schools?Dr J Williams

PhD Theses PassedDonna-Maree Butigieg – A triangulated approach to the study of union commitment, participationand exit behaviour

Tuan Shew Chng – How exchanges work

Peter Fleming – Diogenes goes to work: culture,cynicism and resistance in the contemporaryworkplace

Ben Jensen – Geographic inequality:neighbourhood externalities and educationexpectations

Shireenjit Johl – Audit quality: Earningsmanagement in the context of the Asian crisis

Joanna Loundes – An analysis of Australian firms’performance

Julia Mundy – Exploring the relation betweenmanagement control systems and organisationallearning

Matthew Pinnuck – Do fund managers realiseabnormal returns from trading on current periodearnings information?

Julian Yeo – Simultaneous estimation of theimplied values of franked (tax-free) dividends,required rates of return and growth rates using a modified residual income valuation model

Course International Students Total Enrolments

BCom 1394 2447BCom (Hons) * 31 179BCom/BA 55 753BCom/LLB 129 687BCom/BIS 145 653BCom/BEng 133 558 BCom/BEng (IT) 24 70BCom/BSc 20 343BCom/ BPC 4 30BCom/AgrSc 0 17BCom/Agr 0 16BCom/ForSc 0 3

Total Undergraduate 1935 5756

Diploma 29 114Masters (Coursework) 369 682Masters (Research) 1 11PhD 36 117

Total Postgraduate 435 924

Total 2370 6680

* Includes combined degree students enrolled in B Com (Hons) with their otherdegree. Combined degree students taking honours in other faculties are included in the relevant combined degree figures.

Table 1 – Numbers of Students Enrolled in Faculty Courses (as at 31 March 2003)


20

Table 2 – Teaching Load by Nature of Enrolment (full-time equivalent as at 31 March 2003)

Australian International AustralianLevel subsidised fee-paying fee-paying Total

Bachelors (Pass) 1794 1490 295 3579Bachelors (Honours) 105 29 6 141Diploma - 21 51 73Masters (Coursework) 19 304 149 472Masters (Research) 5 1 – 6PhD 58 35 – 93

Total 1982 1881 502 4364

* Components may not add to totals owing to rounding

Table 3 – Teaching Load by Department (full-time equivalent as at 31 March 2003)

Higher Higher Student-Degrees Degrees Staff

Department Undergraduate Diplomas (C’wk) (Research) Total Ratio

Accounting & BIS 967 4 89 9 1068 35.5Economics 1315 17 66 33 1431 29.7Finance 647 14 138 10 810 35.9Management 778 38 180 43 1039 23.7

Total 3719 74 472 99 4364 28.9

Notes:– Components may not add to totals owing to rounding– Data relate to enrolments in a subject irrespective of course– Totals include 4 Higher Degree Research in MIAESR– Undergraduate total includes 13 “Faculty general”

Table 4 – Teaching Load,1992-2003 (as at March 31)

Year OTHD HD Total

2003(August) 3867 661 45282003 3793 571 43642002 3570 419 39892001 3264 331 35952000 3073 266 34391999 3147 256 34031998 2864 220 30841997 2621 174 27951996 2330 152 24821995 2124 103 22271994 2022 79 21011993 1737 72 18091992 1602 59 1661

Notes:– HD denotes Higher Degree– OTHD denotes “other than higher degree”– Business Law excluded

Table 5 – Number of Academic and General Staff by Department(equivalent full-time as at 31 March 2003)

Teaching & Research Research only General StaffDepartment Full-time Casual Full-time Casual Full-time Casual

Accounting & BIS 25.6 4.5 0 0.7 9.0 0.8Economics 37.1 11.1 0 1.0 14.4 0.6Finance 18.0 4.5 0 0 6.7 0.7Management 34.0 9.9 2.5 1.1 11.2 2.5MIAESR 2.0 0 20.2 0.2 3.2 1.3Faculty General 4.0 0.1 1.0 0.0 32.3 4.1

Total 120.7 30.1 23.7 3.0 76.8 10.0

Notes– Full-time includes fractional full-time– Columns may not sum to totals owing to rounding

Table 6 – Teaching-and-Research Staff by Category(full-time and fractional full-time as at 31 March 2003)

Category Number

Professor 23.0Associate Professor / Reader 23.6Senior Lecturer 29.5Lecturer 40.0Other 4.6

Total 120.7

21


22 23

The Department of Accounting andBusiness Information SystemsThe Department of Accounting and BusinessInformation Systems, long-established as a premiereducator in the field of accounting, offers anintegrated approach to the teaching of accountingand the newly-emerging discipline of businessinformation systems. The focus of many existingsubjects is being changed to compliment theinterrelationship between the two disciplines.

With a student load of over 1000 full-timeequivalent students, the Department has asubstantial undergraduate and postgraduateprogram, teaching across all areas of managerialand financial accounting, auditing and businessinformation systems. The Department’s coreundergraduate subjects are fully accredited by the professional accounting bodies.

Formal agreement has been reached with anumber of Universitas 21 universities for thetransfer of credits for subjects in accounting. The Master of Applied Commerce (Accounting),introduced in 2003, is also fully accredited by the professional accounting bodies.

The Department has a strong research profile. ItsPhD program, comprising one year of courseworkand two-year full-time thesis, is one of the mostactive and respected in the region. Several of theDepartment’s 30 academic staff currently hold ARCgrants, and the newly-established Capital Market-based Accounting Research Centre builds on theDepartment’s strength in studying the role ofaccounting information in the capital market.

Departmental Profiles >

The Department of EconomicsThe Department of Economics at the University of Melbourne is the leading Economics departmentin Australia. It is a large Department – with 44teaching and research staff. The Departmentincludes the Centre for Actuarial Studies.

The Department is committed to achieving thehighest standards in research in economics andeconometrics: by making contributions tointernational knowledge that are publishable inleading international journals, and undertakinginternational quality research on the Australianeconomy and economic policy issues. There is a strong emphasis within the Department onencouraging a good research culture andpromoting collaboration. Major areas of researchare: economic theory; econometric theory;microeconomic analysis and policy design; theAustralian macro-economy; operation of financialmarkets; health and well-being; Asian economiesand the economics of international trade anddevelopment; and economics education.

The Department places a high value on its teaching program and the quality of that program.Its objective is to offer excellent teaching in bothundergraduate and graduate programs, to offer a set of subjects that meet the requirements ofstudents and are up-to-date with developments in the disciplines of economics and econometrics,and to seek to be innovative in methods ofteaching. Teaching covers the core areas ofmicroeconomics, macroeconomics and quantitativemethods/econometrics, as well as most otherspecialist areas such as monetary economics,game theory, development economics,environmental economics, and economic history.

There is a long tradition within the Department of providing policy advice and expert opinions togovernment and private organisations. Members of the Department serve on government inquiriesand boards, and undertake work for a wide varietyof international agencies.

The Department of FinanceThe Department of Finance has over 800 full-timeequivalent students. There is a strong honoursprogram with intake restricted to around 40students. A suite of postgraduate programs isoffered, ranging from the practitioner-orientedMaster of Applied Finance to the more specialisedMaster of Commerce in Finance and PhD withcoursework component.

The Department is involved in continuing educationand executive programs. During 2003 staff fromthe Department gave a series of lectures formembers of the Australasian Institute of Bankingand Finance. In association with the APEC StudyCentre, the Department will be conducting a seriesof one-week training courses during 2004 for bankregulators and bankers from the APEC region.More generally, staff of the Department havestrong professional links with practitioners andfinancial institutions.

Current research interests of the staff span the field of finance and include asset pricing,derivatives, corporate finance, marketmicrostructure, financial institutions, real estatefinance and international finance. To support itsresearch activities, the Department subscribes to a large number of financial databases, includingDatastream, Bloomberg and IRESS. Twenty full-time academic staff are employed in theDepartment, and there is an ongoing program ofinternational academics visiting the Department.

Professor GarryMarchant Head, Department of Accounting and Business InformationSystems

Professor Jeff BorlandHead, Department ofEconomics

Professor Rob BrownHead, Department ofFinance


24 25

The Department of ManagementPrograms in the Department of Managementprovide an integrated management education and develop specialised knowledge in the sub-disciplines of management. The sub-disciplineswithin the Department include human resourcemanagement, international management,marketing, organisational studies and operationsmanagement. The Bachelor of Commerce(Management) provides a special opportunity for undergraduate students to concentrate onmanagement studies. This and our professionalMasters level courses prepare people for careers as managers.

The Department aims to develop in students, staff and other stakeholders, an understanding andcapability in leadership and management processesin a variety of different organisations and sectors.Our teaching and research is of a high standard.

The student load in the Department is over 1000 full-time equivalents. There are over 20honours students and 60 students undertaking aPhD in a wide range of areas reflecting the diversetheoretical traditions and methodologies whichcomprise management. Full-time academic staffcurrently number 38.

The Melbourne Institute of AppliedEconomic and Social ResearchThe Melbourne Institute is a research departmentof the Faculty of Economics and Commerce at the University of Melbourne. It was established in 1962 under the leadership of Professor RonaldHenderson, as the first research institute of its kind in Australia. It has had four Directors: RonaldHenderson, Peter Dixon, Richard Blandy and PeterDawkins, the current director. In its 41 year historyit has made many major contributions to economicand social research on Australia and contributedstrongly to economic and social policy analysis and development.

Under its current Director, Professor PeterDawkins, its annual income has increased from just over $1m in 1996 to a budget of $9m in 2004.

It now has a staff of about 35 as well as 15 AdjunctFellows. It operates in research areas including:– Labour Economics and Social Policy– Applied Macroeconomics– Applied Microeconomics including:

• Industrial Economics• Economics of Health• Economics of Education

As well as contributing strongly to the academicliterature, the Melbourne Institute continues toexpand and enhance its long-standing tradition ofworking closely with government, business andcommunity groups. Major on-going clients andsponsors include the Commonwealth Departmentto Family and Community Services, the ReserveBank of Australia, Westpac, ING, TD Securities and IP Australia (through the Intellectual PropertyResearch Institute of Australia – a joint Institute of the Faculty of Economics and Commerce, the Faculty of Law and the Melbourne BusinessSchool). In addition the Institute conducts specificresearch projects for a range of clients fromCommonwealth and State Governments and the private sector.

The Melbourne Institute is the home of one ofAustralia’s leading academic journals in Economics,the Australian Economic Review, which has a strong policy focus and is of widespread interestbeyond the academic community as well as insideacademia. It also publishes the Mercer-MelbourneInstitute Quarterly Bulletin of Economic Trends andthe Australian Social Monitor, two other quarterlyjournals focussing on the Australian economy andthe Australian society respectively, and aimed atbroad audiences. It publishes regular economicindicator reports such as the Westpac-MelbourneInstitute Indexes of Economic Activity and theWestpac-Melbourne Institute Consumer Sentiment Index.

The Institute is also the home of Australia’s major household longitudinal survey of survey ofHousehold Income and Labour Dynamics (HILDA),which is led by the Institute’s Deputy Director,Professor Mark Wooden, under a contract with the Commonwealth Department of Family andCommunity Services.

The Centre for Actuarial Studies

The Centre for Actuarial Studies offers students a professionally accredited actuarial program and is designated as a Centre of Excellence by theInstitute of Actuaries of Australia.

The Centre is located in the Department ofEconomics within the Faculty of Economics and Commerce. The Director of the Centre isProfessor David Dickson.

Graduates who obtain marks above prescribedlevels in certain subjects can receive exemptionsfrom the Institute of Actuaries of Australia and/orthe Institute/Faculty of Actuaries (UK). The Centrealso offers distance education.

Staff within the Centre are active researchers with actuarial interests ranging from the moretheoretical to the practical. Staff interestsnecessarily span the full spectrum of expertiserequired for professional accreditation, but theCentre is internationally known for its research inthe areas of ruin theory, and financial mathematics.

The Centre’s research is highly recognised on the international scene and adds strongly to the reputation of the Centre. The international links of the Centre are also evident with regularvisits from leading academics and a number of students involved in exchange programs.

The Centre maintains strong links with the actuarial profession and related areas withinAustralia. These links are highlighted by thepresence of high profile actuaries on the Centre'sAdvisory Board and the University of MelbourneActuarial Foundation.

The Asian Economics Centre

The Asian Economics Centre is located within the Department of Economics and serves as aforum for bringing together those with an interestin research on Asian economies and economicdevelopment issues.

The Centre's objectives are to:

– initiate and develop research into Asianeconomies and Australia-Asia economicrelations, and build collaborative links andpartnerships with Australian and internationalresearch groups engaged in similar research;

– foster and promote informed discussion on the economics of Asian countries withinacademia, business and industry, thegovernment sector and the wider public;

– encourage and provide advice on the teaching of subjects related to economics of Asiancountries at the undergraduate, graduate andcontinuing education levels.

The Director of the Centre is Associate ProfessorSisira Jayasuriya.

Centres in the Faculty >

Professor PeterDawkinsHead, MelbourneInstitute of AppliedEconomic and Social Research

Professor Danny SamsonHead, Department of Management


27

The Economic Theory CentreThe key objectives of the Centre are to facilitateinternational affiliations and international researchlinkages, including for research training, and to be a focus for external research funding ineconomic theory.

The Director of the Centre is Professor PeterBardsley. The Centre has a distinguishedinternational Advisory Board.

The Centre for MicroeconometricsLocated within the Department of Economics, the Centre for Microeconometrics is a focal point for research in microeconometrics. Itsmembers, staff and PhD students drawn from the Department and the Melbourne Institute of Applied Economic and Social Research, areconcerned with the development, evaluation and application of microeconometric methods.Branches of economics currently researched by the Centre include consumer expenditureanalysis, environmental economics, laboureconomics, health economics, transporteconomics, measurement of inequality andpoverty, and measurement of productivity andefficiency. Methodological research includes panel data methods and discrete choice modelling and estimation.

The Centre hosts national and international visitors, holds regular workshops to discuss work in progress, and holds occasionalconferences involving other researchers fromwithin and outside Australia, including groups from industry and government departments.

The Director of the Centre is Professor BillGriffiths.

The Centre for MacroeconomicsThe Centre for Macroeconomics is a joint centre ofthe Department of Economics and the MelbourneInstitute of Applied Economic and Social Research.The main objective of the Centre is to fosterresearch, research training, and teaching inmacroeconomics at the University of Melbourne.

The Centre seeks to:

– facilitate international affiliations and international research linkages;

– facilitate the training of research students;

– be a focus for external research funding;

– organise conferences and workshops;

– encourage research-based policy advice.

The Director of the Centre is Professor IanMcDonald.

The Melbourne Institute Centre forBusiness Cycle AnalysisThe Melbourne Institute Centre for Business Cycle Analysis was established in 1992. TheCentre is located within the Melbourne Institute of Applied Economic and Social Research. TheDirector of the Centre is Dr Don Harding.

Research in the Centre has several broad aims, to:

– be the leading organisation for business cycle research in Australia;

– undertake and publish informed and accurateanalysis of macroeconomic fluctuations withparticular reference to the Australian businesscycle and the business cycles of Australia’smajor trading partners;

– gather, analyse and publish information onconsumer sentiment, inflationary expectationsand voting intentions through its survey ofconsumer sentiment;

– undertake research into consumer sentiment,inflationary expectations and voting intentionswith particular focus on the links to the businesscycle;

– attract financial support from both the privateand public sectors to support the researchcarried out in the Centre.

The Australian Centre for InternationalBusinessThe Co-Directors of the Australian Centre forInternational Business are Associate ProfessorDavid Merrett and Associate Professor HowardDick. The Centre is a member of the Pacific AsiaConsortium for International Business Educationand Research (PACIBER) and the Australia-NewZealand International Business Academy (ANZIBA).

The Centre is eclectic in its interdisciplinary areas,studying strategy, human resource management,industrial relations, corporate history, accounting,finance, organisational behaviour and marketing.Members of the Centre also have specialist areaexpertise, particularly on Asia and the EuropeanCommunity.

The research objectives of the Centre are to initiate and develop leading edge research ininternational business and to act as a mechanismfor coordinating research activities, includingcollaborative research projects, with industry and government both in Australia and overseas.

The Centre is committed to assisting the educationof undergraduate and graduate students ininternational business. It also conducts executiveshort courses for business.

26

The Euro-Australian CooperationCentre (EACC)The European Australian Cooperation Centre forGlobal Innovation Management (EACC) is locatedin the Department of Management. The Centre is concerned with research on global innovationmanagement and sustainable development. TheDirector of the Centre is Associate Professor Milé Terziovski.

The Centre has an Advisory Board drawn fromindustry and has strong links with Australiangovernment departments and the private sector.The Centre carries out research funded by theAustralian Research Council (ARC) and theDepartment of Education Science and Training(DEST), and undertakes contract and joint projectresearch with collaborators through the EuropeanUnion research framework programme.

Foundation for Sustainable EconomicDevelopmentThe Operations Management area hosts the Foundation for Sustainable EconomicDevelopment. The Foundation was established in 2000 with a mission to create and disseminateresearch to increase the awareness andeffectiveness of management practices that deliver better organisational performance and less wasteful products and processes.

The Foundation has produced a number ofresearch papers and commissioned reports. Theserange from a report on Strategic Management and business performance for the Australian StockExchange to a paper on investment and industrialrelations for Industrial Relations Victoria. TheFoundation also published The CollaborativeGames in 2001. In this book, author Tony Webbanalysed the organisation of the Sydney Olympics,uncovering the collaboration and frameworkswhich ensured this massive project was a success.

The Centre for Human ResourceManagementThe Centre researches Human ResourceManagement and Employment Relations in theAsia-Pacific region, North America and Europe. In line with its international outlook, the Centreencourages collaborative research projects withleading overseas universities and arranges researchof international scholars in the fields of HumanResource Management and EmploymentRelations. The Centre also works with Australianbusinesses and government institutions on bothcollaborative and consultative projects andfacilitates research opportunities with theprofessions, employers, trade unions andgovernments (including government departments).

Research findings are disseminated throughacademic publications, working papers, seminarsand conferences.

The International Centre for Researchin Organisational Discourse, Strategyand ChangeThe International Centre for Research inOrganisational Discourse, Strategy and Changewas launched in 2001 with the aim of establishingitself as a world leader in organisational discourse.The Centre is located in the Department ofManagement and headed in Melbourne byProfessor Cynthia Hardy. From the original fourinstitutional partners -- the University of Melbourne,the University of Sydney (Department of Work andOrganisational Studies), McGill University (Centrefor Strategy Studies in Organisations) and King'sCollege, University of London (The ManagementCentre), the Centre has grown to include theJudge Institute at the University of Cambridge,Leicester University, Lund University and Texas A & M University.

The Centre's objectives are to:

– establish a leading group of world class scholarsin organisational discourse in order to facilitateresearch on organisational discourse, strategyand change;

– encourage collaborative research projects amongleading universities in the field of organisationaldiscourse;

– disseminate research findings on discourseanalysis and its applications through academicpublications, seminars and conferences;

– facilitate research and teaching interchangesamong scholars who work in this area;

– increase opportunities for researchers interestedin discourse analysis to interact through specificinitiatives, such as workshops, conferences, etc;

– facilitate collaborative links regarding researchand postgraduate training in the field oforganisational discourse.

Intellectual Property Research Instituteof AustraliaThe Intellectual Property Research Institute ofAustralia is a collaborative centre of the Faculty of Law, the Faculty of Economics and Commerce,and the Melbourne Business School. It has corefunding from IP Australia.

The Director of the Institute is Professor AndrewChristie, Faculty of Law and the Associate Directorfrom the Faculty of Economics and Commerce is Dr Elizabeth Webster.


29Graduates of the Faculty >Graduates of the Faculty over the last 75 yearshave been leaders in business, public policy andacademia. Below is a list of current prominentalumni.

BusinessMs Elizabeth Alexander, Partner, Price Waterhouse

Mr Philip Brass, Chairman, Rothschild Australia

Mr Tony Burgess, Head, Corporate Finance,Deutsche Bank AG

Mr Ross Cameron, Director, AMCOR

Mr Terence Campbell, Executive Chairman, JB Were & Son

Mr Mark Chiba, CEO, UBS-Warburg, Japan

Ms Penny Chong, Program Manager, MarketingOperations, IBM, Malaysia

Mr Dick Chan Teik Huat, Managing Director,Metroplex Berhad, Malaysia

Mr Esmond Choo, Executive Director, RHB-Cathay Securities, Singapore

Mr Bill Conn, Company Director

Mr Laurie Cox AO, Director, Macquarie Bank

Mr David Crawford, Company Director

Ms Gloria Ewe Gim Goh, Partner, Arthur Anderson,Malaysia

Mr Charles Goode AC, Chairman, ANZ Bank

Ms Merran Kelsall, Director, BDO Nelson Parkhill

Mr David Kingston, Executive Director, N.M. Rothschild

Mr Ananda Krishnan, Company Director, Malaysia

Mr Leon L'Huiller, Company Director

Mr Alwyn Lim, Certified Public Accountant,Singapore

Dato' Jimmy T.C. Lim, CEO, AMCORP, Malaysia

Mr Alistair Lucas, Chairman, Investment Banking,Macquarie Bank

Mr Gary Morgan, Executive Chairman, Roy Morgan Research

Mr Hugh Morgan AC, President, Business Councilof Australia

Khun Nukul Prachaubmoh, Chairman, First AsiaSecurities, Thailand

Mr James Riady, Deputy Chairman, LIPPO,Indonesia

Ms Nicola Scott, Manager, Financial Accounting,ANZ

Mr Irving Rockman, Chairman, Regency Hotels

Mr Irving Saulwick, Managing Partner, IrvingSaulwick and Associates

Mr Peter Scanlon, Company Director

Mr Asgari Stephens, Company Director, Malaysia

Ms Tan Lei Cheng, CEO, Tan & Tan DevelopmentsBerhad, Malaysia

Mr Chris Thomas, Managing Partner Melbourne,Egon Zehnder

Mr Brian Watson, CEO, Georgica Associates

Mr Eu Ming Yeow, Minolta Marketing, Malaysia

Mr Peter Yates, CEO, PBL

Public ServiceMr John Brumby, Treasurer, Minister for State andRegional Development, and Minister for Innovation,Victorian Government

Mr Michael Carmody, Australian Commissioner ofTaxation

Ms Patricia Faulkner, Secretary, Department ofHuman Services, Victoria

Senator Rod Kemp, Minister for the Arts and Sport,Australian Government

Ms Jenny Macklin, Deputy Leader of the FederalLabor Party and Shadow Minister for Employment,Education and Training

Dato’ Mustapa Mohamed, Executive Director,National Economic Action Council of Malaysia

Professor Susan Richardson, President, Academyof Social Sciences in Australia

Dr Garry Sampson, Senior Advisor, World TradeOrganisation, Geneva

Professor Judith Sloan, Commissioner, Productivity Commission

Khun Mechai Viravaidya, Chairman, Population andCommunity Development Association, Thailand

Mr Ian Watson, Deputy President, AustralianIndustrial Relations Commission

Dr Lynne Williams, Deputy Secretary, VictorianDepartment of Innovation, Industry and RegionalDevelopment

Professor Ross Williams, Commonwealth GrantsCommission

Higher Education Professor Max Corden AC, University ofMelbourne

Mr Robert Champion de Crespigny AC, Chancellor,University of Adelaide

Professor Jane Godfrey, Head, Department ofAccounting and Finance, Monash University

Professor Robert Gregory AO, Head, Division ofEconomics and Politics, RSSS, Australian NationalUniversity

Professor Gerry Griffin, Monash University

Professor Ross Guest, Graduate School ofManagement, Griffith University

Professor Geoff Harcourt AO, CambridgeUniversity

Professor Keith Houghton, Dean, Faculty ofEconomics and Commerce, ANU

Professor Joe Isaac AO, Department ofManagement, University of Melbourne

Professor Carrick Martin, Deputy Vice-Chancellor,Macquarie University

Professor Fred McDougall, Executive Dean, Faculty of the Professions, University of Adelaide

Professor Bill Norton, Director, Centre for Money,Banking and Finance, Macquarie University

Professor Stuart Leech, Department of Accounting,University of Melbourne

Professor Paul Rizzo, Director, Melbourne BusinessSchool

Professor Terry Shevlin, Professor of Accounting,University of Washington

Professor Rae Weston, Professor of Management,Macquarie University

Professor David Vines, Department of Economics,Oxford University

Professor Tom Weyman Jones, LoughboroughUniversity

Hon. David White, Council, University ofMelbourne

28

generic pic here


Dean and Associate Deans

Dean

Professor Margaret Abernethy

Deputy Dean

Professor Garry Marchant

Associate Dean

(Graduate Studies)

Professor Robert Widing

Associate Dean (International)

Professor Nasser Spear

Associate Dean (Research)

Associate Professor Guay Lim

Associate Dean

(Undergraduate Studies)

Associate Professor ChristineBrown

Department of Accounting

and Business Information

Systems

Head of Department and

Professor of Accounting

MARCHANT, GARRY: BComUNSW, AM, PhD MichResearch Interests: Managementcontrol systems, strategic costmanagement, performancemeasurement, strategyimplementation, organisationallearning and management decisionmaking.

G.L. Wood Professor of

Accounting

SPEAR, NASSER: BEc (Acct) Syria, MS (Acct), PhD NTexas,FCPA CMAResearch Interests: Capitalmarkets-based research,international financial reporting,contracting research, initial publicofferings, security valuation,accounting for extractiveindustries.

Dean, Faculty of Economics

and Commerce and Professor

of Accounting

ABERNETHY, MARGARET:BEc(Hons), PhD LaTrobeResearch Interests: Strategy and design of control systems,management control in hospitals,costing and performancemeasurement systems inmanufacturing and serviceindustries.

Professor of Accounting and

Business Information Systems

FERGUSON, COLIN: BBus Swin,DipEd SCV, MEc NE, GradDipCompDeakin, ACA, FCPA, AAIM, MACSResearch Interests: Businessinformation systems, businessforensics, economics of auditingand auditor behaviour.

Professor of Accounting and

Business Information Systems

LEECH, STEWART: BCom, MEcTas, FCA, FCPA, MACS PCPResearch Interests: Accountinginformation systems, decisionmaking in corporate recovery,intelligent decision aids, enterpriseresource planning systems.

People in the Faculty >The University of Melbourne Commerce AlumniSociety (UMCAS) began in 1990 as a way forformer Commerce students to keep in touch withthe Faculty, with the University and with eachother. The UMCAS committee works closely withthe Faculty to develop these associations throughmailouts, programs and events that are open to allCommerce alumni and Faculty staff. A number ofevents were held in the last twelve months, andfurther functions are planned in 2004.

Late in 2003, an alumni event was co-hosted withaccounting firm Deloitte Touche Tohmatsu where a talk was given by entrepreneur Bill Lang onAchieving Career and Enterprise Success (a copyof the speech is available at www.enterprising.com.au/speeches.htm). The 130 people attendingwere enthralled by Bill’s recounting of his earlyexperiences, and his advice for students andalumni at the beginning their careers.

Graduation year reunions are organised from timeto time and an annual reunion lunch is held at theUniversity for Commerce alumni who graduatedmore than 45 years ago.

Other functions held in 2003 included a groupbooking to see The Visit at the Melbourne TheatreCompany and an on-campus barbecue for final yearstudents. The barbecue introduces completingstudents to the Alumni Society and encouragesstudents that are leaving to keep in touch with theUniversity. Successful alumni events were alsoheld in Taipei, Hong Kong and Singapore.

UMCAS provided a $2000 scholarship to a finalyear Commerce student through the generousdonations of alumni. If you would like to make adonation, or find out more about UMCAS, pleasecontact Susan McPharlin, Executive Officer(Development) on +61 3 8344 2167 or [email protected].

Information on developments in the Faculty and news of alumni events are included in thenewsletter Alumni News which is mailed by theFaculty to all Commerce graduates who haveelected to receive it.

Alumni functions are held throughout the year for the benefit of alumni and friends. Listings will appear on the www.ecom.unimelb.edu.au/alumni/alumni.html web site, or in the AlumniNews. We hope to see you at one of our events in 2004.

Steven ZigomanisPresident UMCAS

30 Commerce Alumni Society Report 2003 >

Pictured above from left to right Commerce AlumniSociety Committee Members 2003: Standing – Ghislaine Lowry, Ross Cameron, Steven Zigomanis, Rochelle Lucas,Vikram Panchal and Malcolm Anderson.Sitting – John Meehan, James Gibcus, Clare Cumminsand Chris Warrell.

31


3332

Senior Tutors

COMERFORD, RICHARD: BComResearch Interests: Accountingeducation.

CONSIDINE, BRETT: BCom (Hons) Research Interests: Accountinginformation systems, REAaccounting, audit.

DOWLING, CARLIN: BCom (Hons)TasResearch Interests: The effect oforganisational factors on decision-aid use, the impact of informationtechnologies on organisational andindividual behaviour, accountingeducation.

STAMATELATOS, ANNA: BSc,DipEd, BEc, BBusAcc (Hons)Monash, CMA, CPAResearch Interests: Managementaccounting, financial accounting -capital markets, accountingeducation.

Professors Emeritus

NICOL, ROBERT: BEc Syd, MBA,PhD Calif, FCPA

WRIGHT, KENNETH: BMetE,DCom, FASA, FASSA, FAIM

Professorial Fellows

EASTON, PETER: BAgSc, BEcAdel, DTTech Torrens, DFinMgmtNew England, PhD CalifResearch Interests: Financialstatement analysis and equitysecurity valuation and theestimation of the expected rate of return on equity investments.

FRANCIS, JERE: BSc Drake, MScMinn, PhD, DEcon New EnglandResearch Interests: Economics ofauditing, the effect of auditing onthe quality of financial reporting,corporate governance, internationalaccounting.

SUTTON, STEVE: BSA, MA, PhDMissouriResearch Interests: Accountinginformation systems andassurance, impact of KBS onindividual decision making and on user knowledge acquisition/learning, IS assurance, businessrisk in B2B e-Commercerelationships, risk analysis in supply chains.

Principal Fellows

ARNOLD, VICKY: BA, MBA, PhDArkansasResearch Interests: Individualdecision making, accountinginformation systems, use ofdecision aids, expert systems and KBS on decision making,assurance services.

BURROWS, GEOFFREY: MCom,DipEd, FCPA

Senior Fellows

ALFREDSON, KEITH: BCom Qld

BOUWENS, JAN: MFin, PhDTilburgResearch Interests: Performancemeasurement systems.

ROBERTS, ELIZABETH: BA,MCom, PhD

Fellows

LESLIE, STEWART: BCom, FCA

Administrative Staff

BERNARDE, RENATAPosition: Research Officer

CROSER, REBECCA: BDes South Aust, GradDipArtsPosition: Administrative Assistant

KOVACEVIC, NATASHA: BBusRMITPosition: Budget & ResourcesOfficer

MCNAMARA, KERRYPosition: Administrative Assistant

PEDLEY, SARAH: BA (Hons),DipItal(Teaching) PerugiaPosition: Administrative Officer

QUIN, DANIEL: BSc (Hons)Position: Administrative Officer

RUSSELL, PATRICIA: BA, DipEdPosition: Department Manager

VASSILEV, SPASSIMIR: BSc,DipCompSciPosition: Systems Support Officer

WONG, BILLY: BInfoTech,MInfoSys CQUPosition: Systems Support Officer(J.D. Edwards)

Department of Finance


Professor of Finance

BROWN, ROBERT: MEc Syd,FCPA, AAIBF (Snr)Research Interests: Interest rate swaps, management and regulation of financialintermediaries.

Deputy Head of Department

and Professor of Finance

KOFMAN, PAUL: MEc, PhDErasmusResearch Interests: Quantitativefinance, regulation of financialmarkets.

Commonwealth Bank Group


DAVIS, KEVIN: BEc (Hons) Flin,MEc ANUResearch Interests: Financialinstitutions management, treasury management, financialengineering, corporate financialpolicy, financial markets.


WHEATLEY, SIMON: MA (Hons)Aberdeen, MA S Fraser, PhDRochesterResearch Interests: Investments,international finance.

Associate Professors

BROWN, CHRISTINE: MSc, DipEd, PhDResearch Interests: Derivativepricing, security design, financialinstitutions management.

SAWYER, KIM: BSc UWA, MEc,PhD ANUResearch Interests: Finance theory, quantitative finance.

SCHWANN, GREG: BA (Hons)Queens, MA (Ec), PhD UBCResearch Interests: Real estatefinance, real estate economics.

Senior Lecturers

HANDLEY, JOHN: BCom, BMathNewc, MCom (Hons), PhD, ASIAResearch Interests: Corporatefinance, security design, cost ofcapital , corporate valuation.


COLLIER, PHILIP: BSc (Hons) Hull, MSc EssexResearch Interests: Intelligentdecision support, case-basedlearning, assimilation of informationsystems, corporate recovery,automative industry.

DAVERN, MICHAEL: BCom (Hons)Tas, PhD MinnResearch Interests: Informationvaluation and use, decisiontechnologies, revenue yieldmanagement, behaviour ininformation environments.

LILLIS, ANNE: MCom, PhDResearch Interests: Performancemanagement in complex settingsincluding health care networks and flexible manufacturing firms,performance impact of corporatedownsizing.

SCHULTZ, AXEL: BCom (Hons),MCom, PhD UNSWResearch Interests: Managementaccounting, behaviouralaccounting.

Senior Lecturers

COBBIN, PHILLIP: BBus RMIT,MCom (Hons), BEd, MEd, DipEdSCVResearch Interests: Market foraudit services, history ofaccounting and audit, accountingeducation history.

CORAM, PAUL: BEc(Acc) Flin,GradDipEd Adel, MAcc WAust, CAResearch Interests: Audit quality,behavioural research in assuranceand financial accounting,accounting education.

DILNUTT, ROD: BA, DipEdLaTrobe, PGradDip (ComputerScience) Monash, MBA Deakin,DBA Southern Cross

PINNUCK, MATTHEW: BCom(Hons), PhD Research Interests: Financialaccounting, behaviour of fundmanagers.

POTTER, BRAD: BCom (Hons),PhD Deakin, CPAResearch Interests: Contractingresearch, accounting for publicsector entities, internationalfinancial reporting, thedevelopment of financial reporting regulation.

SMITH, DAVID: BCom (Hons)LaTrobe, PhD MonashResearch Interests: Managementaccounting, behaviouralaccounting.

WISE, TREVOR: MCom Auck,PhD, CPA ACA NZ, CMA NZResearch Interests: Accountingtheory, financial accounting.

WYATT, ANNE: BCom (Hons) USQ, PhD UTSResearch Interests: Financialreporting issues in relation to intangible investment andintellectual property, links betweeninnovation and technologyconditions and the financialreporting framework and practice,initial public offering firms' financialreporting incentives, and financialanalyst role in capital markets.

YEO, JULIAN: BCom (Hons), MFin UWA, PhDResearch Interests: IPOs, voluntary disclosure, analysts'forecasts, valuation.

Lecturers

GRAFTON, JENNIFER: BCom(Hons), PhDResearch Interests: Managementcontrol system design and use inthe not-for- profit sector, the designand control of interorganisationalnetworks, performancemanagement and researchmethods.

HALL, MATTHEW: BAcct (Hons),GradCertHighEd MonashResearch Interests: Behaviouraleffects of performancemeasurement, professionalcommitment of accountants,approaches to learning ofaccounting students.

HRONSKY, JANE: BBus, MCom(Hons), PGradDipBus CurtinResearch Interests: Auditjudgement, communication issuesin financial and audit reporting.

LEE, MICHAEL: BEc (Hons),MCom (Hons) Monash,GradDipAppFin&Invest SIA, FSIAResearch Interests: Enterpriseresource planning systems,performance management design,business case evaluations, projectmanagement implementation.

LEE, RICHARD: BEc Monash,DipEd SCVResearch Interests: Financialreporting, accounting policy choice, executive compensation,accounting education.

MORONEY, ROBYN: BEc (Hons)LaTrobe, MCom (Fin) Research Interests: Industryspecialisation, behavioural decisiontheory, the economics of audit.

PARKES, ALISON: BCom W’gong,MBS (Hons) MasseyResearch Interests: Decisionsupport, reliance measurement.

RAZEED, ABDUL: BCom (Acc/InfoSys) (Hons) Murdoch, ASAResearch Interests: Financialaccounting, public sectoraccounting, accounting information systems.

TAYLOR, SARAH: BCom (Hons)SydResearch Interests: IPOs, voluntary disclosure, analysts'forecasts, audit quality and non-audit services.

THOMSON, GENEVIEVE: BA,BBus Bendigo, MBA Deakin, PhD, CPAResearch Interests: Strategy and design of management control systems, performancemeasurement in knowledgecreation firms.

WILKIN, CARLA: BCom (Hons),PhD Deakin, MACS, MACMResearch Interests: Stakeholderperceptions re: IS effectiveness,measuring benefits in e-Commerce, systemdevelopment methodologies.

Teaching Scholars

BOYS, NOEL: BBus RMIT,GradDipEd HawInst, GradDipEd

LINGGO LIONG, JOANA: BCom


3534

Department of Economics


Professor of Economics

BORLAND, JEFF: MA, PhD Yale,FASSAResearch Interests: Operation of labour markets in Australia,theories of labour market activity,economics of sport.

Professors of Economics

BARDSLEY, PETER: BSc (Hons)ANU, PhD DurhResearch Interests: Economictheory, mathematical economics,game theory, information andstrategic behaviour, organisationaldesign and theory of the firm,theoretical finance.

FREEBAIRN, JOHN: MAgrEconNE, PhD Davis, FASSAResearch Interests: Taxationreform, labour economics,especially employment,infrastructure pricing andinvestment.

KING, STEPHEN: BEc (Hons) ANU,MEc Monash, AM, PhD HarvResearch Interests: Regulation andcompetition policy, privatisation,industrial organisation,microeconomic theory.

McDONALD, IAN: BA (Hons) Leic,MA Warw, PhD SFraser, FASSAResearch Interests:Macroeconomics, laboureconomics.

TOURKY, RABEE: BEc (Hons), PhD QldResearch Interests: Economictheory, general equilibrium theory,economic behaviour underuncertainty.

Truby Williams Professor

of Economics

CREEDY, JOHN: BSc Brist, BPhil Oxford, FASSAResearch Interests: Incomedistribution, public economics,labour economics, history ofeconomic analysis.

Professors of Econometrics

GRIFFITHS, WILLIAM: BAgEc(Hons) UNE, PhD Illinois, FASSAResearch Interests: Markov chainmonte carlo techniques, imposinginequality constraints in systems ofequations, finite sample inferencefor nonlinear functions ofparameters, and model selection.

MARTIN, VANCE: BEc (Hons),MEc, PhD MonashResearch Interests: Econometrics,time series analysis, monetaryeconomics, macroeconomics.

Readers/Associate Professors

CAMERON, LISA: BCom (Hons),MCom (Hons), PhD Prin Research Interests: Developmenteconomics, Asian economics,applied econometrics,experimental economics.

DIXON, ROBERT: BEc (Hons)Monash, PhD KentResearch Interests:Macroeconomics, industrialeconomics, Marxian economics,regional economics.

HIRSCHBERG, JOSEPH: MA Calif, PhD SCalifResearch Interests: Electricitydemand/rates, labourdiscrimination, demand analysis,cluster analysis.

JAYASURIYA, SISIRA: BEc (Hons)Ceylon, MEc, PhD ANUResearch Interests:Macroeconomics, agriculturaleconomics, developmenteconomics, international trade and capital, and internationalpolitical economy.

LIM, GUAY: MEc Adel, PhD ANUResearch Interests: Modelling thebehaviour of exchange rates, riskand volatility, estimating optionpricing models, financialeconometrics, internationalmonetary economics.

LYE, JEANETTE: MA, PhD CantResearch Interests: Non normaldistributions, applications ofmultimodality, modelling ofexchange rates, theory andapplication of non linear models,general applied econometrics.

MacLAREN, DONALD: BSc(Agr)(Hons) Aberd, MS, PhD CornellResearch Interests: Agriculturaltrade policy, agriculture and theWorld Trade Organisation, the I-O structure of internationalcommodity markets.

NORMAN, NEVILLE: BCom (Hons), MA, PhD Camb Research Interests: Industrialpricing as influenced by tariffs,exchange rates and world pricemovements, health economics,trade practices economic issuesand the economics of e-commerce.

OLEKALNS, NILSS: BEc (Hons)Adel, MEc ANU, MA WOnt, PhD LaTrobeResearch Interests:Macroeconomics, appliedeconometrics.

Senior Lecturers

AMITI, MARY: BEc (Hons) LaTrobe,MSc LSE, PhD LSEResearch Interests: Internationaltrade – theory and empirical, neweconomic geography – trade policyand industrial location.

FARRELL, LISA: PhD KeeleResearch Interests:Microeconometrics, lotteries and gambling, child expenditurepatterns, risk and uncertainty.

GANGADHARAN, LATA: BA Hindu College, MA Delhi School of Eco, PhD SCalifResearch Interests: Environmentaleconomics, experimentaleconomics, applied econometrics,applied microeconomics.

HENRY, OLAN: BA (Hons) Dub,MA, PhD ReadingResearch Interests: Econometricmodelling and forecasting of assetmarket volatility, term structuremodelling, the inflation hedgingcharacteristics of property andproperty serviced in the U.K..

MAGEE, GARY: BA Monash, BEc(Hons) LaTrobe, DPhil OxfordResearch Interests: Economichistory, industrial economics, the determinants and nature ofentrepreneurship and innovation,economics of technologicalchange, international economics.

SHIELDS, KALVINDER: BA (Hons),MA Reading, PhD LeicesterResearch Interests: Econometricmodelling of the dynamics ofemerging Eastern Europeanfinancial markets, survey-basedexpectations in macroeconomicmodels forecasting, sectorialdisaggregation data in appliedmacroeconomics.

LAMBA, ASJEET: BA (Hons) Delhi,MBA Mich, PhD Wash, CFAResearch Interests: Marketstructure, liquidity and efficiency,insider trading, valuation, IPOs.

OTCHERE, ISAAC: BScAdminGhana, MA, MMS Carleton, ICA Ghana, PhD TasResearch Interests: Corporatepayout policies, mergers andacquisitions, privatization, indexchanges.

PINDER, SEAN: BCom (Hons)Monash, PhD Newc, AAIBF (Snr)Research Interests: Pricing ofderivative securities, corporatefinance practices, mergers andacquisitions.

Lecturers

BROWN, RAYNA: BA Macq,MCom (Hons), PhD, AAIBF (Snr)Research Interests: Managementof financial intermediaries,regulation, efficiency.

BUCHANAN, BONNIE: BSc (Hons)UNSW, MAppSc RMIT, PhDGeorgiaResearch Interests: Internationalfinance, law and finance, corporategovernance.

CHANG, XIN: BA Tsinghua, MPhilPBOC, PhD HKUSTResearch Interests: Corporatefinance, investment.

GYGAX, ANDRE: lic oec HSG St.Gallen, MSc, MBA Colorado, PhDResearch Interests: Industrialorganisation, entrepreneurialfinance, decision analysis.

HUI, SANDRA: BCom ANU, MFin RMITResearch Interests: Modelling ofcredit risk and corresponding riskmanagement, interest ratemarkets.

MAHESWARAN, KRISHNAN: BEc(Hons) LaTrobe, MCom (Hons)Research Interests: Asset pricingand consumption, term structureof interest rates.

O’CONNOR, IAN: BBus Chisholm,MAcc RMIT, CPA, AAIBF (Snr)Research lnterests: Volatilityforecasting, option pricing, value at risk.

SCOTT, CALLUM: BSc (Hons)Edin, BA Open, GradDipEdDundee, GradDipCInfSc, MSc VUTResearch Interests: Applications ofartificial neural networks, learningin financial markets.

ZENG, QI: BS SJTU, MS AcademiaSinica, MS UIC, PhD Penn Research Interests: Asset pricing.

Tutor

PANCHAL, KUNAL: BCom (Hons) Research Interests: Mergers andacquisitions.

Senior Fellows

COCKS, GRAHAM: MEc Syd,MStat Flor, MSc Brad

INGWERSEN, MICHAEL: BEcMonash, MBA

SWEENEY, MARY: BCom, DipEd,GradDipSS RMIT, GradDipCDPRMIT, MCom, PhD

Fellow

ROBINSON, DAVID: BAdmin(Ec)(Hons) Griffith

ERREY, ROBERT: BBus SAIT,GradDipStats Canberra CAE, MBA UWA, MComResearch Interests: Financialaspects of marketing management.

Visiting Professors

BONSER-NEAL, CATHERINE: BA Indiana, PhD ChicResearch Interests: Internationalfinance.

KESTER, GEORGE: BBA WakeForest, MBA UNC, DBA DardenResearch Interests: Managerialfinance.

NEAL, ROBERT: BGS Mich, PhD ChicResearch Interests: Riskmanagement, derivatives,investment management, market microstructure.

STAPLETON, RICHARD: BA (Hons)Shef, BMath Open, PhD ShefResearch Interests: Interest ratemodels and the pricing of interestrate derivatives, portfolio theorygiven background risk, optionpricing theory and techniques.

SUBRAHMANYAM, MARTI: BoTIIT, PGDBA IIM, PhD MITResearch Interests: Corporatefinance, market microstructure,derivatives.


BARBEROGLOU, SILVIAPosition: Academic Liaison Officer

CAREY, ROBIN: BSc (Econ), MA (Econ) CalifPosition: Executive Assistant & Financial Services Officer

DIXON, HELENPosition: Student Services Officer

MOIR, WENDY: BAppSc (InfoTech)(Hons) CSturtPosition: IT Support and WebDeveloper

MURRAY, ANNMAREE: BAppSci(PhysEd) VUTPosition: Academic Liaison Officer

SARKIES, ALLISON: BEc MonashPosition: Department Manager

VELLA, JULIEANNE: Position: Administrative Assistant


3736

Centre for Actuarial Studies

Director of the Centre

DICKSON, DAVID: BSc (Hons),PhD Heriot-Watt, FFA FIAAResearch Interests: Aggregateclaims distributions, renewal riskprocesses, recursive methods inrisk theory.

Professor of Actuarial Studies

DUFRESNE, DANIEL: BSc (Hons)Montreal, PhD The City UniLondon, FSAResearch Interests: Financialmathematics, actuarial science and probability.

Senior Lecturer

FITZHERBERT, RICHARD: BSc(Hons) Syd, FIAA, FIA, ASIAResearch Interests: Stochasticinvestment models, investments.

Lecturers

LIM, HYE-SUN: BSci Seoul NU,BCom (Hons) AIAAResearch Interests: Risk theory,option pricing.

MCELLIN, EDWARD: BA, MAArizona, ASA, MAAAResearch Interests: Healthcareplan design and cost analysis,asset/liability managementtechniques, long term care costanalysis, credibility theory.

Professorial Associate

TAYLOR, GREGORY: BA, PhD, FIA,FIAA, FIMA, C Math, AOResearch Interests: Loss reserving,capital management, multivariatepricing.

Senior Fellows

GRIBBLE, JULES: BSc (Hons),PhD St Andrews, FIAA, FCIA, FSA

HARSLETT, GRANT: BSc (Hons)Adel, FIA, FIAA, ASA

TRUSLOVE, ALLEN: BSc (Hons),PhD Monash, MBA Deakin, FIAA,FIA


MACKINNON, LESLEY: RN, RMNNPC, DipSocSci (Welfare),Bachelor Health Sciences (NursingPost Registration)Position: Distance EducationAdministrator, Actuarial Studies

Department of

Management

Professor and Head of

Department

SAMSON, DANNY: BE (Chem)UNSW, PhD AGSM, UNSWResearch Interests: Businesscompetitiveness drivers,operations strategy, riskmanagement, sustainabledevelopment, e-business, decisionmaking under uncertainty.

Professors

HARDY, CYNTHIA: BSc (MgtSc),PhD WarwickResearch Interests: Organisationtheory, strategy power and politicsin organisation, strategic change,interorganisational collaboration,organisational discourse theory.

KULIK, CAROL: PhD IllinoisResearch Interests: HRmanagement, workforce diversity,fairness in organisations.

WIDING, ROB: BA, MBA, PhDOhio StateResearch Interests: Marketorientated organisations, controlsystems for market orientatedorganisations, computer assistedproduct search.

Associate Professor and Reader

BENSON, JOHN: BEc, MEdMonash, MA, PhDResearch Interests: HRMHRM/employment relations in Japan and China, Japanesemanagement, trade unions,enterprise restructuring andoutsourcing, employeecommitment, knowledge workers.


DICK, HOWARD: BEc (Hons)Monash, MEc, PhD ANUResearch Interests: Asianbusiness, corruption andgovernance, institutionaldevelopment, global logistics,urbanisation in the Asia-pacific,maritime history and policy,Country expertise: Indonesia,Southeast Asia, Japan.

HARLEY, WILLIAM: BA (Hons),PhD QldResearch Interests: Industrialrelations, HRM, work organisation,high performance work systems,teamwork, precariousemployment, trade unions.

HARZING, ANNE-WIL: BAHogeschool Enschede, MAMaastricht, PhD BradfordResearch Interests: HQ-subsidiaryrelations, international HRM, cross-cultural management, the role oflanguage in international business,the impact of culture on studentlearning styles.

LUKAS, BRYAN: MBA Nebraska,PhD MemphisResearch Interests: Strategicmarketing (brand strategy &product innovation strategy), brand valuation, marketing-financeinterface, international marketing.

MERRETT, DAVID: BEc (Hons),MEc MonashResearch Interests:Internationalisation of Australianfirms, evolution of 'big business' in Australia, headquarter-subsidiaryrelations in multinationals, principal-agent issues within firms.

SEWELL, GRAHAM: BSc (Hons),PhD WalesResearch Interests: Workplacesurveillance, teamwork, businessethics, recent developments inorganisation & managementtheory, qualitative researchmethods, evolutionary psychology,sociology of work andorganisations.

TERZIOVSKI, MILE: BE (Hons),PGradDip Mgmt HR N'castle,ME (Hons) W’gong, MBA RMIT,PhDResearch Interests: Operationmanagement, qualitymanagement, value of ISO 9000and ISO 14000 certification,continuous improvement andinnovation management, e-commerce – Euro-Australiancollaboration in SMEs,organisational performance,international best practice,reengineering.

SHIELDS, MICHAEL: BA (Hons)Staffordshire, MSc Health Uni of NY, PhD LeicesterResearch Interests: Economics ofimmigration, economics of labourmarket discrimination, labourmarket for medical professions.

SKEELS, CHRISTOPHER: BEc(Hons), PhD MonashResearch Interests: Econometrictheory.

SMITH, RHONDA: BCom (Hons),MA (Hons)Research Interests: Economics of trade practices, economic policy towards industry.

STEMP, PETER: BA (Hons), PhD ANUResearch Interests:Macroeconomics, monetaryeconomics, economic policyissues, financial economics.

Lecturers and Research Staff

BASOV, SUREN: MA NewEconomic School (Moscow),DipEng (Physics), PhD BostonResearch Interests: Economictheory, mathematical economics,contract theory, industrialorganisation, labor economics.

CHANG, HSIAO-CHUAN: BANational Chengchi, MSc Iowa, PhD ANUResearch Interests: Trade,productivity growth and wagedispersion in general equilibrium in a small open economy.

CHOU, YUAN: AB William andMary, MA, MPhil, PhD YaleResearch Interests:Macroeconomics, developmenteconomics, labour economics.

CLARKE, ANDREW: BA, MEc Syd, PhD McMasterResearch Interests: Laboureconomics, macroeconomics,econometrics.

EDMOND, CHRIS: BA, BEc QLD,MA, CPhil UCLAResearch Interests:Macroeconomics, monetaryeconomics, asset pricing.

ERKAL, NISVAN: MA MacalesterCollege, MA, PhD MarylandResearch Interests: Industrialorganisation, microeconomictheory.

HARRIS, DAVID: MEc JamesCook, PhD MonashResearch Interests: Time seriesanalysis.

RAIMONDO, ROBERTO: LaureaMilan, PhD Mathematics StateUniversity of New York, PhDBerkeleyResearch Interests: Economictheory, financial economics.

WILLIAMS, JENNY: BEc ANU,MEc, PhD RiceResearch Interests:Microeconometrics, healtheconomics.

Professorial Fellow

GANS, JOSHUA: BEc Qld, PhDStanford

Principal Fellow

DOWLING, JOHN MALCOLM:BA, MA, PhD Pittsburgh

IRONMONGER, DUNCAN: MCom,PhD Camb

JENNINGS, VICTOR: BEng, OBE

NIEUWENHUYSEN, JOHN: MANatal, PhD London, FASSA

Senior Fellow

WAECHTER, TREVOR: BEc(Hons), MSc Adel, PhD Cantab

WILLIAMS, LYNNE: BA, MA, MScLSE, PhD Monash

Fellow

HARPER, MARGORIE: MA

JAFFER, SUE: BSc, MA

MORRIS, NICK: MA (Hons), MPhilOxford

PORTER, MICHAEL: BEc (Hons)Adel, PhD Stanford

TERRILL, DANIEL: BA, PhD

Professor Emeritus

CORDEN, WARNER MAX: BEc,PhD LSE, FASSA

LLOYD, PETER: MA Vic NZ, PhDDuke, FASSA

PERKINS, JAMES: MA, PhDCamb, MCom, FASSA


BANFORD, ALISONPosition: Coordinator AcademicSupport Services

DANG, BAO: BAcc, BCompMonashPosition: Manager, System Support

GOULETSAS, PERSEFONIPosition: CoordinatorAdministrative Support Services

HADDAD, LEONIE: AdvDipBusPosition: Financial and HROperational Support

KHAN, NAHID: MCom, MSocSci(Econ), BSocSci (Hon Ec) UDhakaPosition: Tutor Coordinator andUndergraduate Support Officer

LEONG, COLEMANN: CBE&ACERMIT, PGradDipCompSci SwinPosition: Web and System SupportOfficer

LO, VICTOR: BEng (Geomatics)UNSW, GradDip (IT) SwinPosition: Web DevelopmentOfficer

LOCHRAN, MARGARETPosition: Department Web PageAdministrative Support

LOMBARDO, ROSEMARYPosition: Front Office Supervisor

MACKINNON, LESLEY: RN, RMNNPC, DipSocSci (Welfare),Bachelor Health Sciences (NursingPost Registration)Position: Administrative SupportOfficer, Distance Education

MCCARROLL, NATASHAPosition: Administrative Officer

MILLERICK, CHERIE: BA SydPosition: Departmental Manager

NEWELL, COLIN: BA DeakinPosition: Administrative Assistantto the Head of Department

SCHERER, HEIDI: ADipBusHolmesglenPosition: Academic SupportServices

VANCUYLENBERG, ANUTHEIASANJEEVA: DipTech (Computing)Holmesglen TAFEPosition: Web & Systems SupportOfficer


3938

Lecturers

AUH, SEIGYOUNG: MBAMichigan, PhD Michigan Research Interests: Application ofresource-based view to marketingstrategy, organisational learningand capability, top managementteam diversity and marketingstrategy, customer orientation(customer satisfaction) and loyalty,mental accounting and consumerdecision-making, services andrelationship marketing.

BARSKY, ADAM: Commences inMid 2004, PhD Candidate Tulane,BA (Psychology & Sociology)Wisconsin-Madison, Masters in I/O Psychology TulanResearch Interests: These span avariety of important social issues in management such as workplacediscrimination, personality and well being, business ethics andfairness at work.

BOVE, LILIANA: BAgSci (FirstClass Honours) La Trobe, BBus(Marketing) RMIT, PhD MonashResearch Interests: Servicesmarketing, relationship marketing,customer loyalty, customercitizenship behavior.

BRATTON, VIRGINIA: Commencesin Mid 2004, PhD CandidateFlorida, MA Florida, BA MoorheadResearch Interests: Impressionmanagement, business ethics,organisational identity.

CHMIELEWSKI, DANIELLE:BA/BCom (Hons), PhD CandidateResearch Interests: Strategicmarketing, strategic management,timing of entry, brand introductionstrategy, resource-based view andcapabilities, strategic orientation.

MAGUIRE, CATHERINE: BCom(Hons), PhD CandidateResearch Interests: Strategichuman resource management, high performance work systems,managing intellectual capital,strategic and operational outcomes,alternative work arrangements,flexible and knowledge-basedwork, information technology,networked organisations:collaborative ties across geographicboundaries, communication,organisational justice and trust,collaboration and performance for young high-tech organisations,absenteeism and turnover.

MERLO, OMAR: BA, BCom(Hons), PhD CandidateResearch Interests: Strategicmarketing, marketing theory,strategic management,marketing's role and influencewithin the firm, organisationalpower and politics, e-commerce,others, including labour law andeconomic history.

METZ, ISABEL: BSc South Africa,MBA, PhD MonashResearch Interests: Gender,managerial advancement in maledominated versus non-maledominated industries, internallabour markets, well-being andwork-related stress, organisationalculture and performance.

PALADINO, ANGELA: BCom(Hons), PhDResearch Interests: Resourcebased view, capabilities strategies,market orientation, strategicmanagement, strategic marketing,consumer behaviour,environmental marketing.

SAMMARTINO ANDRE: BCom(Hons), PhDResearch Interests: businessstrategy, diversity management in a strategic context, personneleconomics, quantitative aspects of HRM, internal labour markets,Australian economic history.

SINGH, PRAKASH: BE (Hons),BBus QUT, PhDResearch Interests: strategicoperations management, qualityimprovement methods, supplychain analysis, innovationmanagement, project planning and implementation.

YUKONGDI, VIMOLWAN: BBA(Magna Cum Laude) Assumption,Thailand, MBA Pitt, PhD Research Interests: HRM,employee participation, electronicbusiness and HR practices, cross-cultural management.

Professorial Fellow

ISAAC, JOSEPH AO: Hon DEconMonash, BA, BCom, Hon DCom,FASSA, PhD Lond Research Interests: Labour marketinstitutions, industrial relations,wages policy, Small business.


BISHOP, LIZA Position: Executive Assistant

HEDDLE, NICOLE: AdvDip(Photography) ChristchurchPosition: Front Office Administrator(On Maternity Leave)

KENTON, SUSAN: BA, DipEd, BEdLaTrobePosition: Postgraduate Coordinator

KREITNER, JASON: BA NewMexico State, MPA, JD SDakotaPosition: Administrative ServicesManager

LEVIN, ANNEMARIEPosition: Front Office Administrator

NOWAK, CATHERINEPosition: Front Office Administrator

PALMER, KIRSTI: BA, BMus Position: UndergraduateCoordinator

PHAN, VAN: BSc Position: Software Developer

SHEPHERD, ALISTAIR: BA (Hons),MA Position: External RelationsCoordinator

TELFER, ELIZABETHPosition: Finance and ResourcesOfficer

THORNTON, TIM: BSc (Hons),MA, EMBAPosition: Department Manager

VAN PHAM, MAGGIE: BBusCompVUTPosition: Information SystemsManager

WHITWELL, GREGORY: BEcMonash, PhDResearch Interests: Environmentaluncertainty, the marketing/financeinterface, the role of real optionsthinking in marketing strategy,marketing's contribution tobusiness strategy and the role of intangible marketing assets,international marketing, especiallyexporting, understanding customerneeds through techniques such as ZMET, social capital and itsrelevance to marketing activities,electronic marketing.

Senior Lecturers

BROWN, MICHELLE: BCom(Hons), MA, PhD WisResearch Interests: Humanresource management/industrialrelations, pay systems –performance based pay and itsimplications for employees, unionsand organisations, employeeparticipation and its consequences.

CREGAN, CHRISTINA: BA Leeds,DipEd Oxford, MSc, PhD LSEResearch Interests: Trade unionmembership, young people in the labour market, internal labourmarkets, industrial democracy

JOHNSTON, STEWART: BA Well,MSc Lond, PhDResearch Interests: All aspects of management in multinationalcorporations – strategy, structure,control, innovation, HQ-subsidiaryrelations, Japanese managementand Japanese business groups.

MORGAN, STEPHEN: BA Monash,MA (HK), PhD ANUResearch Interests: Foreign directinvestment and internationalbusiness, business, economic and social history of China, 19thand 20th centuries, the history of management and organisation in China in the 20th century,anthropometric history of Chinaand Taiwan (stature, health andnutrition).

POWER, DAMIEN: BBus, MBus,PhD Monash, CFPIMResearch Interests: Business tobusiness e-commerce, supplychain systems/virtual integration,business process redesign,operations strategy.

SARGENT, LEISA: BA, MOrgPsychQld, PhD TorontoResearch Interests: The effects ofjob changes on identity and careerrelated outcomes, stress andstress management strategies,team interventions and teameffectiveness.

SELSKY, JOHN: BSc, MSc, PhDWhartonResearch Interests: Socialdynamics in and around seaports,collaborative strategy, high-velocityorganisational environments,natural-environment managementand policy, non-profit sectorstrategy.

SHARAFALI, MOOSA: BSc, MScMadras, PhD NUS & MadrasResearch Interests: Supply chainmanagement, reverse logistics,warehousing queues, inventoryand reliability.

WATERS, LEA: BA (Hons), PhD DeakinResearch Interests: Thepsychological consequences ofunemployment & retrenchment,training and developmentprograms for unemployed people,occupational stress, work-familyconflict, mentoring.

ZALAN, TATIANA: BEd (Hons)Moscow, MBA Adel, PhD SouthAustraliaResearch Interests: Failure of firms in international markets,International diversification andfirm performance, internationalcompetitiveness of firms fromsmaller economies, knowledgemanagement in multinational firms.

ZHU, YING: BEc Peking, PhDResearch Interests: HRM,international HRM, internationalbusiness management, economicdevelopment in Asia (China, Japan,South Korea, Taiwan and Vietnam),political economy of globalisation.


4140Adjunct Professors

BORLAND, JEFF: MA, PhD Yale,Head, Department of Economics,The University of MelbourneResearch Interests: Analysis of the operation of labour markets in Australia, applications ofmicroeconomic theory to labourmarkets, and the economics ofsport. Within the MelbourneInstitute, Jeff is an associate editor of the Australian EconomicReview and is involved in theLabour Economics and SocialPolicy program.

CREEDY, JOHN: BSc (Eco withStats) Brist, BPhil (Eco) Oxford,Truby Williams Chair of Economics,Department of Economics, TheUniversity of Melbourne (on leavein 2002–2003 at the New ZealandTreasury)Research Interests: Researchinterests include incomedistribution, public economics,labour economics, and history of economic analysis. Within theMelbourne Institute, John hasbeen joint editor of the AustralianEconomic Review and contributedto tax and welfare researchprograms.

FREEBAIRN, JOHN: MAgEc NE,PhD Davis, FASSA, Department of Economics, The University of MelbourneResearch Interests: Taxation reform,labour economics, especiallyemployment, infrastructure pricing and investment, andmicroeconomic reform. Within the Melbourne Institute, John hasmade substantial contributions to research in the areas ofunemployment and tax reform,public finance and public policy.

SAMSON, DANNY: BEc, PhDUNSW, Head, Department ofManagement, The University of MelbourneResearch Interests: Operationsmanagement, businesscompetitiveness, strategy and e-commerce. Within the MelbourneInstitute, Danny contributes to theApplied Microeconomics program,is chief investigator of an ARCSPIRT Grant and is also involved in collaboration on research oninnovation.

Professorial Fellows

BOSWORTH, DEREK: BA Lanc,MSc, PhD WarwProfessor of Business Economics,Manchester School ofManagement, UMISTResearch Interests: Economics ofinnovation and technical change,productivity and firm performance,and intellectual property. Withinthe Melbourne Institute, Derek is a principal investigator of an ARCSPIRT Grant and is collaboratingwith the Applied Microeconomicsprogram in the field of theeconomics of innovation.

CHAPMAN, BRUCE: BEc (Hons)ANU, PhD YaleProfessor of Economics andDirector of the Centre forEconomic Policy Research, RSSS,The Australian National UniversityResearch Interests: Laboureconomics, the economics ofeducation, applied econometrics,industrial relations and economicpolicy issues. Within theMelbourne Institute, Brucecontributes to the AppliedMicroeconomics program and is akey contributor to economic policydebate.

DRAGO, ROBERT: BS Tulsa, MAMass/Am, PhD Mass/AmProfessor of Labor Studies andWomen’s Studies, PennsylvaniaState UniversityResearch Interests: Economics of work and family. Within theMelbourne Institute, Robertcontributes to the LabourEconomics and Social Policyprogram.

DUNCAN, ALAN: BA (Hons) Manc,DPhil YorkProfessor of Microeconomics,School of Economics, University of NottinghamResearch Interests: Welfareprogram evaluation, analysis of work incentives, static andbehavioural tax microsimulation,econometric models of laboursupply and labour market andwelfare program participation.Within the Melbourne Institute,Alan is a key contributor to thedevelopment of the MITTS model.

Melbourne Institute of

Applied Economic and

Social Research

Academic Staff

Director and Ronald Henderson

Professor

DAWKINS, PETER: BSc Lough,MSc(Ec) Lond, PhD Lough, FASSAFIPA VicResearch Interests: Labour market,working time and wages, tax andwelfare system, enterprisedynamics and firm performance,government policy and socialoutcomes.

Deputy Director, Director HILDA,

and Director of the Labour

Economics and Social Policy

Research Program

WOODEN, MARK: BEc (Hons)Flin, MSc LondResearch Interests: Laboureconomics, industrial relations and survey methodology.

Director, Applied

Macroeconomics Research

Program and Principal Research

Fellow

SUMMERS, PETER: BA, MA,MSc, PhD IowaResearch Interests: Empiricalmacroeconomics, time serieseconometrics, forecasting,business cycle analysis, Bayesianinference.

Director, Applied

Microeconomics Research

Program and Senior Research

Fellow

WEBSTER, ELIZABETH: BEc(Hons), MEc Monash, PhD CambResearch interests: Industrialeconomics, macroeconomics,labour markets.

Principal Research Fellow and

Deputy Director HILDA

HEADEY, BRUCE: BA Oxford, MA Wisc, PhD StrathResearch Interests: Welfare anddistributional issues and socialwelfare policies in Western Europeand North America. Bruce is theeditor of the Australian SocialMonitor.

Senior Research Fellows

EVANS, MARIAH: BA Reed, MA Illinois, PhD ChicagoResearch Interests: Poverty,inequality, attitudes to welfare,family issues, ageing andretirement, social capital, labourmarket and work issues.

KALB, GUYONNE: MEc Erasmus,PhD MonashResearch Interests: Appliedmicroeconom(etr)ics, in particular, labour and householdeconom(etr)ics, social policyissues, microsimulation modelling.

YONG, JONGSAY: BA, BSocSc(Hons), MSocSc NUS, MA, PhDUBCResearch Interests: Healtheconomics, industrial organisation,competition policy and regulatoryeconomics, transport economics,applied game theory.

Research Fellows

BUDDELMEYER, HIELKE: MScVrije/Am, MA, PhD NYUResearch Interests: Appliedmicroeconomics, labour supply,applied econometrics.

CAI, LIXIN: BEd Henan, MARenmin, MEc, PhD ANUResearch Interests: Laboureconomics, social policy, socialsecurity reforms in transitionaleconomies.

CHUA, MICHAEL: BEc (Hons), PhD UNEResearch Interests: Bayesianinference, forecasting, appliedmacroeconomics.

FREIDIN, SIMON: BSc (Hons),GradDipCompSc LaTrobeResearch Interests: Surveymanagement and data analysis.

HARDING, GLENYS: BEc ANUResearch Interests: DatabaseManager and Analyst, withparticular interests in Intellectualproperty and large enterprises.

JENSEN, PAUL: BEc Syd, PhDAGSMResearch Interests:Microeconomic reform, industrialorganisation, intellectual property.

LEAHY, ANNE: BCom,GCertClassicsResearch Interests: Domestic and international macroeconomicdevelopments.

LENTINI, NELLIE: BA MonashPositions: Publications Manager

PALANGKARAYA, ALFONS: BSc,MA, PhD OregonResearch Interests: Industrialorganisation, health economics,econometrics.

SCUTELLA, ROSANNA: BCom(Hons)Research Interests: Welfareeconomics, behaviouralmicrosimulation, econometrics.

SONG, LEI LEI: BA E China, MSc Wuhan, MEc W’gong PhDResearch Interests: Appliedmacroeconomics, exchange rateeconomics, the Chinese economy.

TSENG, YI-PING: BEc Taiwan, PhD ANUResearch Interests: Laboureconomics, appliedmicroeconometrics, economic and social policy.

WATSON, NICOLE: BSc UWA,GradDipMgtSc CanbResearch Interests: Longitudinalsurvey design and management,non-response analysis, surveyweighting and imputation.

WILKINS, ROGER: BCom, MComMSc Wisc, PhDResearch Interests: Laboureconomics, income inequality,contract theory, microeconomics,applied econometrics.

Research Officers

LIEW, WOEI TIAN: BSc, MScLaTrobe, GradDipEcPosition: Webmaster, research andcomputing systems and support.

SMITH, PENELOPE: BEc (Hons)UWA, MComResearch Interests: Businesscycles, open economymacroeconomics, appliedeconometrics.

WARREN, DIANA: BCom, MCom(Hons) W’gongResearch Interests: Innovation and economic growth.

VU, THI HONG HA: BEc (Hons)ANUResearch Interests:Macroeconomics, trade reform.

BLACK, DAVID: BCom (Hons) Research Interests: Laboureconomics, government policy,applied econometrics.

Research Assistant

WARE, KERRY:Position: TD Securities project.


4342

KELLEY, JONATHAN: BA Camb,PhD BerkeleyDirector, International SurveyProject, The Australian NationalUniversityResearch Interests: Quantitativesociology and social economics.Within the Melbourne Institute,Jonathan produces theInternational Social Science Surveyin conjunction with the ANU. He is a contributing author of theAustralian Social Monitor and a keyfigure in the Labour Economicsand Social Policy program.

SCHEDVIN, BORIS: BEc, PhD SydResearch Interests: Economichistory with particular interests in the transformation of theAustralian economy and ofAustralian economic and scientificinstitutions during the course ofthe twentieth century. Within the Melbourne Institute, Boriscontributes to the research agenda in the areas of educationpolicy, health policy research andintellectual property research.

WILLIAMS, ROSS: BCom, MScEc,PhD Lond FASSAResearch Interests: Economics of education, householdconsumption and saving, federal –state finance, the allocation of time by households.

Principal Fellows

BOEHM, ERNST: AUA, BEc (Hons)MEc Adel, MCom, DPhil OxfResearch Interests: Measurementand dating of the business cycle,and the economic history ofAustralia. Within the MelbourneInstitute, Ernst developed theleading, coincident and laggingindexes of Australian economicactivity as well as the leading index of inflation. He published the results of these indexes in themonthly Westpac – MelbourneInstitute reports between 1985and 1994.

MARKS, GARY: BSc (Hons), MSc,PhD QldResearch Interests:Intergenerational reproduction ofsocial inequality, labour marketoutcomes of young people,educational attainment andachievement. Within theMelbourne Institute, Gary isinvolved in the HILDA project.

NIEUWENHUYSEN, JOHN: BA(Hons), MA Natal, PhD, LSEFASSAResearch Interests: Taxation,industrial relations, industrialregulation, economic growth,immigration, welfare and poverty.Within the Melbourne Institute,John contributes to sourcing fundsfor research projects, developingnew publications and our mediacoverage.

Senior Fellows

DOIRON, DENISE: BA Monc, MA,PhD UBCSenior Lecturer, University of NewSouth WalesResearch Interests: Industrialrelations and bargaining theory,labour economics and labour andsocial policy. Within the MelbourneInstitute, Denise contributes to theLabour Economics and SocialPolicy program and is collaboratingon a project which is estimatingthe demand for child care andlabour supply in Australianhouseholds.

DUNGEY, MARDI: BEc Tas, PhDANUResearch Fellow, School of Pacificand Asian Studies, The AustralianNational University and SeniorLecturer, Faculty of Economics,The Australian National UniversityResearch Interests: Exchange rate volatility, macroeconomicmodelling and time serieseconometrics. Within theMelbourne Institute, Mardicontributes to the AppliedMacroeconomics program.

HOPKINS, SANDRA: BA (Hons)Otago, MCom UNSW, PhD TasEconomics, School of Economicsand Finance, Curtin University ofTechnologyResearch Interests: Health policy,health insurance and economicsand gender.

ROGERS, MARK: BSc Lond, MSc Warw, PhD ANUTutor in Economics andManagement, Harris ManchesterCollege, Oxford UniversityResearch Interests: Economicgrowth and industrial organisationwith a particular focus being onfirm-level performance usingAustralian data. Within theMelbourne Institute, Mark isinvolved in the creation andanalysis of the InnovationScoreboard and a major SPIRTproject on the performance ofAustralian enterprises.

SHIELDS, MICHAE: BA (Hons)Stafford, MSc Health UNY, PhDLeicSenior Lecturer, Department ofEconomics, The University ofMelbourneResearch Interests: Laboureconomics, health economics andmicroeconometrics. Within theMelbourne Institute, Mike isassisting with our research in thearea of health economics.

General Staff

CUMMING, ANGIE: DipBus NMITPosition: Administrative Assistant

DERHAM, RACHEL: BScPosition: Finance and ContractsManager

HOPE, PENELOPE: BA LaTPosition: Functions Co-ordinator

PEDERSEN, VIBEKE: BA (Hons)Position: Administrative Assistant

QIN, Rosy: BCom DipEdPosition: Administrative Assistant

THOMACOS, NIKOS: BBus (Eco)RMIT, BA Hons DeakinPosition: Business Manager

Faculty Secretariat

General Manager

DIXON, SUZANNE: BCom, DipEdHawthorn Institute, MBA VUT


ALDRIDGE, DAVID: BSc (Hons),PhDPosition: Manager InformationSystems

BANKI, JACQUELINE:DipAdvMgmt (ProfessionalWriting), BA MonashPosition: Executive Officer(Marketing)

BELFORD, DOUG: BAppSc SwinPosition: Systems Administrator

CHANG, NOOI: BA (Hons) Malaya,MEPA MonashPosition: Manager (International)

CHOONG, EDDIE: BBus VU, CPAPosition: Executive Officer(International Programs)

COLLIS, STEPHENPosition: Manager, ProfessionalPrograms

COX, CHANTELLE: BA RMIT, MT(Web and Internet Comp) RMITPosition: Web Developer

CRABBE, KYLIE: BA, BTh (MCD)Position: Transition Officer – untilFeb 2004

CUNSOLO, ANTOINETTE Position: Undergraduate Manager– on leave till July 2004

CUNSOLO, JOANNEPosition: Course Adviser

DO, NGHIA: BElectEng RMITPosition: Computer SystemsOfficer

EDWARDS, LARISA: BBus SwinPosition: Student Adviser andSpecial Projects

ELLIS, TRACY: BA(Lit&Soc) SUTPosition: MBIT ProgramCoordinator

GARDNER, ERICA: BCom, DipEdPosition: Course Advisor – unitilJan 2004

GEORGESZ, MARK: BEc LaTrobePosition: Executive Officer(Resources)

GILLEARD, RACHEL: BAPosition: Administrative Officer

HILL, ADRIAN: CertBasicElect,CertIVCompSys, DipCompSys,MCSEPosition: System Support Officer

JENKINS, ALISONPosition: MBIT ProgramCoordinator

JOSE, SABINACourse Coordinator - MACProgram

JOVANOVSKI, SOKOLAPosition: Administrative Officer(International)

KARIBIAN, ROCIO: Translating&InterpretingCert, RMITPosition: International ProgramsOfficer

KENT, ELIZABETH: BA (Hons)UNSW, PhDPosition: Transition Officer

LASCELLES, SCOTT: BBus,LaTrobePosition: Enquiries Officer(Professional Programs)

LLOYD, AMANDA: BBus VUTPosition: Systems Support Officer

LOI, AILEEN: BCom, MIB NZ,Chartered Accountant (ICANZ)Position: Financial Controller

MAJCZAK, DANIEL:DipHospMgmt, William AnglissPosition: Trainee Support Assistant

MCINNES, KYLIE: BACourse Coordinator (ProfessionalPrograms)

MCPHARLIN, SUSAN: BA, BCom AdelPosition: Executive Officer(Development)

MONG, CATHERINE: BBusSingapore, GradDipSoftwareDevRMITPosition: Course Adviser

PECORARO, FRANCESCA: BA(Media Studies) RMITPosition: Student Liaison Officer

PHAM, QUYNHPosition: IT Support

RITTER, ANNEPosition: IT Support

ROBERTSON, KATEPosition: Student Adviser

RYCROFT, ANNA: BA, VictoriaUniversityPosition: Accounts ProcessingOfficer

NGUYEN, TRUMAN: BComSc,MCSE, CCNAPosition: Systems Support Officer

NGUYEN, TRUNG: BAppSc FIT,MSc VUTPosition: Laboratory Manager

PECORARO, FRANCESCA: BA(Media Studies) RMITPosition: Student Liaison Officer

SHARMA, SANJAY: MSc India, PGradDipCompSysEng RMITPosition: Web Developer

SINEL, PAULINE: DipBS NZ,Accounting Technician ICANZPosition: Management Accountant

SIVATHASH, BALA: MSc UK, BEngIndia, MCSEPosition: Systems Support Officer

STIEMER, MARTINA: BAPosition: Executive Officer(Finance)

TAN, MICHAELPosition: Porter

TINWORTH, KOBYPosition: Executive Assistant to the General Manager

VELLU, PHYLLIS: MA IndiaPosition: Executive Assistant to the Dean

WALKER, DAVID: MAPosition: Executive Officer(Research)

YOUNG, BROOKE: BA LaTrobe,PGrad Dip (Art Cur St)Position: Manager (Marketing and Development)


44 Teaching and Learning Unit

Director

JOHNSTON, CAROL: BCom, MEd, DEd

Staff

ANDONOV, PAUL: AssDipComp,BSc (Maths&InfoSc) VUPosition: Manager/ProgrammerWeb Development

BORG, SONIAPosition: Administrative andResearch Assistant

DAVIES, MARTIN: BA, GradDipEd,BA (Hons), RSA CTEFLA, PhDFlinders, PhD AdelPosition: Postgraduate LearningSkills Specialist

JONES, ANNA: BA (Hons), DipEd,GradDipTESOL, MEd Position: ESL Specialist

MCCROHAN, MARK: BBus(BComp), MCSEPosition: Senior Web Developer/Programmer – until Feb 2004

MORRIS, GAYLE: BA, GradDipPost Secondary Ed, MEd (AdultEdu)Position: Learning/Teaching SkillsSpecialist

PESINA, JENNY: BDes (MultimediaDesign), Swin Position: Web Developer/LearningTechnologies Support Officer

SHAW, JENNIFER: DipInfoTech,ChisholmPosition: Administrative Assistant

WAECHTER, TREVOR: BE, MSc,PhDPosition: Maths Specialist

Giblin Economics and

Commerce Library Staff

Giblin Librarian

WARD, SHIRLEY: BA,GradDipInfoMan, RMIT

Information Librarians

WALTERS, WENDY: BA (LibInfo)StudiesPosition: Information Librarian

WARBURTON, JENNIFER: BEdSCV Toorak, GradDipLib RMITPosition: Information Librarian


Contact the Faculty >Mailing Address: The Faculty of Economics and Commerce

The University of Melbourne

VICTORIA 3010

AUSTRALIA

Telephone: + 61 (03) 8344 5317

Facsimile: + 61 (03) 9347 3986

Email: [email protected]

Internet: www.ecom.unimelb.edu.au

Authorised by the General ManagerPublished by the Faculty of Economics and Commerce, April 2004© The University of Melbourne


Documents

2003 Annual Report FBE