(Melbourne, Victoria, Australia)
The University of Melbourne has been an international leader in research, teaching and learning for more than 150 years. Students from over 150 countries choose to study at the University of Melbourne, because of the quality of teaching, learning and research. The University offers flexible and innovative programs across more than 300 undergraduate and graduate study areas.
Founded in 1853, University of Melbourne is the oldest university in Victoria and the second-oldest in Australia. Times Higher Education ranks Melbourne the 34th-best university in the world, while QS World University Rankings specifically recognizes the university’s schools of Education (2nd in the world), Accounting & Finance (8th), Psychology (10th), Medicine (12th), and Computer Science (15th). With such an impressive reputation, it’s no wonder Melbourne is a magnet for large donations. One of the university’s most notable schools, the Walter and Eliza Hall Institute of Medical Research, was founded with funds from the couple’s estate, while just last year, Allan and Maria Myers generously donated $10 million to launch a new philanthropic campaign. University of Melbourne currently has an endowment of $1.37 billion.
Endowment: $1.37 billion
Average Cost per Student: $19,003 per year
Average Salary of Full-Time Faculty: $74,000
Annual Research Budget: Unknown
The University of Melbourne is both the oldest and the leading university in Australia. The school sits next to Melbourne’s center of commerce, and consequently benefits from all the culture and opportunity that a city which has been called “the fourth best city for college students” affords.
The University offers over 340 graduate tracks. One can study everything from professional degrees in law and medicine, to research programs in various sciences.
This is why every year 52,000 students—12,000 of whom are foreigners representing 129 different countries—come to Melbourne. This healthy research environment is one reason why Melbourne gave the world its first bionic ear and is currently developing the first bionic eye.
The school belongs to several prestigious university groups, such as the Asia-Pacific Rim and the Group of Eight. The university has refocused its research directives towards discerning three broad issues: our place/purpose, promoting well-being, and supporting sustainability.
Melbourne actively seeks to engage public discourse through its biennial Festival of Ideas and public lecture program.
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