Unique Agreement Signed Between Australian and Chinese Universities -- Macquarie Graduate School of Management

SYDNEY, AUSTRALIA--(Marketwired - Jun 2, 2013) - Macquarie Graduate School of Management (MGSM), Australia's premier business school, this month signed an agreement with Tsinghua University's People's Bank Graduate School providing for the exchange of postgraduate management students -- the first such agreement signed between an Australian university and the prestigious Chinese graduate school.

Speaking at the signing Ceremony in Beijing, the new Dean of MGSM, Professor Alex Frino, said that the agreement would allow each country's students unprecedented access to tomorrow's business and government leaders.

"Tsinghua's People's Bank Graduate School is China's premier school, training the country's most outstanding Graduates for senior positions in government, and well known for producing elite performers in the private sector," he said. "Given that more than one-quarter of Australia's imports and exports are with China, and China's ongoing importance in our region, it's vital for Australia's business leaders to have a good understanding of Chinese business culture."

The agreement also allows top Chinese students to access the quality of business education for which Australia -- and Macquarie -- are recognised.

"There are more than 60 MBA programs available in Australia, and it's a testament to us that Tsinghua' Peoples Bank Graduate School has chosen MGSM over all the others as their first Australian partner," Professor Frino said. "The Australian Federal Government published an important white paper last year entitled 'Australia in the Asian Century', identifying as a national priority, that "Decision makers in Australian businesses and government must have deeper knowledge and expertise of countries in our region and have a greater capacity to integrate domestic and international issues." This initiative contributes to this national objective in a meaningful way."

MGSM was ranked in the top four in the Asia Pacific in The Economist's 'Which MBA?' rankings last year. The same survey ranked MGSM students #2 in the world for quality. The school is also within the 5% of business schools globally that have achieved accreditation from The Association to Advance Collegiate Schools of Business (AACSB).

"This agreement provides a wonderful mechanism for Australian and Chinese leaders of tomorrow to connect, learn from each other, and learn about our respective business cultures," Professor Frino said.

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About MGSM
MGSM is one of the oldest business schools in Australia and has maintained a reputation for providing high quality, flexible postgraduate education over the past 40 years. The schools MBA and management programs are formally accredited by the international accreditation body AACSB International and are ranked consistently among the top business schools globally. With world-class campuses in Sydney and Hong Kong, MGSM's comprehensive MBA Program, and Postgraduate Diploma and Postgraduate Certificate Programs, are designed to fulfill the needs of the experienced management professional, extend and challenge students and provide relevant, higher management and leadership skills. The school is also an acknowledged leader in the delivery of short-term Executive Education Programs and customised degree or non-degree programs for organisations.