Details for Macquarie Graduate School of Management
Type of Organization
Type of Education
Post Graduate, Doctoral, Executive
Institution is part of
North Ryde, NSW, Australia
Sign Up Date to PRME
09 Jun 2010
Current Sharing Information on Progress Report Submission
16 Oct 2017
Sharing Information on Progress (2017)
Period Covered: Oct 2015 to Oct 2017
Since becoming a signatory school to PRME in 2010, MGSM has become a highly engaged PRME signatory. As we fully support the mission of PRME and the notion of academic social responsibility of business schools, we embraced the opportunity to work with, and for PRME. MGSM is also committed to the SDGs and as such has endeavoured to integrate relevant aspects on the SDGs in curriculum and research.
Achievements Curriculum Integration in the Field of Corporate Responsibility and Sustainability
Since becoming a signatory school to PRME in 2010, MGSM has become a highly engaged PRME signatory. As we fully support the mission of PRME and the notion of academic social responsibility of business schools, we embraced the opportunity to work with, and for the PRME. The graduates of MGSM not only do well; they do good by making an impact in the business world and beyond in ways that matter. This approach aligns well with the PRME and makes this a true partnership.
MGSM is committed to the United Nations Sustainable Development Goals (SDGs) and as such has endeavoured to integrate relevant aspects on the SDGs in core course content in order to develop responsible leaders for the future. Our last SIP report indicates our commitment to the SDGs.
Since our last SIP (Sharing Information on Progress) report we continued to implement the six principles of PRME, in our curriculum, teaching and research, through innovation and leadership. Our Purpose is to develop leaders with a global mindset who create sustainable values and are good citizens. We aim to create sustainable value for companies and communities and to make contributions that benefit both business and society. Our Values, or four pillars, sit well with the Principles of Responsible Management Education: Citizenship (CSR, ethics and sustainability), Global Mindset, Sustainable Value and Sustainable Leadership. As for Method, MGSM offers many courses that are guided by the principles of responsible management education and has steadily been developing specific course offerings that use sustainability and ethics as a lens through which management is critically assessed. In 2014, Macquarie University and MGSM introduced the first Master of Social Entrepreneurship in Australia. Fourthly, some of the research at MGSM is focusing on corporate social responsibility and ethics, such as the MGSM CSR Partnership Network. The annual international MBA study conducted jointly by MGSM and PRME focuses on capturing the values, attitudes and perspectives of MBA students globally on the matters of responsible management and responsible management education. At MGSM we believe that our ongoing partnership with the industry, government and not-for-profit creates mutual benefits for learning and research, enriches our teaching, and helps us to create a stronger social impact. We do so through collaborations with industry, not-for-profit organisations and the government as well as through research networks, and via students and alumni. Finally, on dialogue, MGSM collaborates with many to revitalise economies, generate jobs and rebuild healthy communities. We help our students, alumni, faculty and local organisations collaborate to generate community support and positive changes in several ways, including: financial assistance for charitable causes and indigenous community needs; campus outreach involving faculty and students; pro-bono activities; and support of the arts.
Achievements Research Development in the Field of Corporate Responsibility and Sustainability
MGSM research included various research projects, including in the area of responsible management, ethics and social purpose.
1. The MGSM Corporate Social Responsibility (CSR) Partnership Network was initiated by Associate Professor Debbie Haski-Leventhal and launched in 2013 with the aim of creating an evidence-based dialogue on various aspects of CSR. The Network included 34 for-profit, non-profit and governmental organisations, working together to create and share CSR knowledge.
2. The PRME MBA Study: MGSM collaborates with PRME in conducting a bi-annual study of MBA students around the world and their perspectives on matters of responsible management and responsible management education. The third study, conducted between 2015-2016, gathered data from 2,400 participants from 50 countries and demonstrated a growing focus and commitment for responsible management education by academic institutions as highlighted by our most important stakeholders, our students.
3. MGSM Professor Gayle Avery has been involved with the Thailand Sustainable Development Foundation, as well as with academics at the College of Management at Mahidol University and other Thai universities, for more than five years. In 2016, the Sufficiency Economy Philosophy and the results of sufficiency-based development projects across diverse aspects of Thai society were presented in the book Sufficiency Thinking: Thailand’s Gift to an Unsustainable World. The Thailand Sustainable Development Foundation invited Professor Gayle Avery (MGSM) and Honorary Professor Harald Bergsteiner from the Institute for Sustainable Leadership, Sydney, Australia to co-edit the book, whose chapters were written mostly by Thai researchers.
4. In 2015, MGSM partnered with Bleinheim partners to write, launch and present a thought leadership paper titled “The Challenges of Attaining Growth”. The data collected through this research project is being worked upon to contribute to international research on inclusive capitalism and overcoming the shortcomings of short term capitalism.