Dean’s blog

12 June 2013

Graduation week last month heralded a little more celebration than usual, when we learned that one of our departments had broken into the top 20 academic departments worldwide for the first time. The Department of Accounting and Finance jumped 13 places from last year to become this year’s 20th ranked in its genre globally, making it the highest ranked discipline in the University. Other departments also fared well in the QS World University Rankings, which evaluate 2,858 universities around the world, and we are extremely pleased at our success.

However, the recent Budget news has sobered that pleasure somewhat. Yet another cut in real funding to the university will mean an average increase of just 0.7%, down from 1.2% last year, and actually represents a cut in real terms across campus of about $8.4 million. Most of the new investment in tertiary education will go to private providers and sub-degree programmes, with $40 million going to export education.

Other Budget news includes $20 million more funding for the Marsden Fund, and $73.5 million into the National Research Challenges. However, it is disappointing to see that once again the Government doesn’t understand the key contribution that research universities make to the intellectual and economic development of a nation.

It is your generosity and good will that allows the Business School to build that bridge to a better world. With government funding becoming more difficult to come by, it is you our donors and supporters who provide the financial and moral support to our students and academics so that together we can create New Zealand’s top Business School.

Yours sincerely
Professor Greg Whittred
Dean, the Business School

P.S. I am always very happy to hear from you, if you have any comments, bouquets or brickbats, please contact me directly.
Greg Whittred