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MBA student’s achievement recognised

La Trobe Business School MBA graduate/student Gopal Agarwal was named NISPP Student of the Year at the 2019 Northern Business Achievement Awards, held in December.

Gopal Agarwal was named NISPP Student of the Year

NISPP

The Northern Industry Student Placement Program (NISPP), managed by NORTH Link, sources placements and projects across the region for students from La Trobe University, RMIT University, Kangan Institute and Melbourne Polytechnic. In 2019, over 300 students from the four tertiary institutions participated.

The NISPP Placement Student of the Year and Placement Employer of the Year awards were sponsored by Unitemps.

Consultant for Floridia Cheese

Gopal worked as a consultant with Floridia Cheese for a semester as part of his
Experiential Learning Project (BUA5ELP) elective. His task involved investigating the viability of a new cheese variety for the Australian and export markets.

Viv Banner, Floridia’s ERP Project Manager, was enthusiastic about the results of his consultancy:

“Gopal was highly engaged and motivated from the start, taking the task well beyond the project brief. He grasped what we wanted straight away and worked hard to ensure he met all our requirements.

Personally, we found Gopal a delight to work with. He demonstrated professionalism and abilities beyond our expectations. We know he’ll have a great future in the corporate world and we’d strongly recommend him to any future employer.”

NBAA Finale 2019

Associate Professor Geraldine Kennett, Director of La Trobe’s MBA Program, highlighted the benefits to students of undertaking a consultancy project as part of their MBA studies.

“Our ELP students apply the skills they gained throughout their MBA in a real-life business setting, identifying, negotiating and delivering an enterprise project that provides them with significant learning opportunities.

NORTH Link has been instrumental in linking our MBA students to projects that are of real benefit to local industry. Gopal has an excellent academic record and we are very pleased that his professional competence has been acknowledged in this way.”

The Northern Business Achievement Awards

The Northern Business Achievement Awards (NBAAs) are a partnership of industry, education, local and state government and decision makers across Melbourne’s north. They recognise local business achievements and excellence, growth and competitiveness.


Read more about the Northern Business Achievement Awards and LBS’ involvement here

La Trobe Business School Awards

During the La Trobe Business School End of Year Forum some of our staff were presented with LBS Awards and LBS Research Awards.

LBS Awards

The LBS Awards recognises individuals and teams for their individual contribution to La Trobe Business School’s mission throughout 2019. LBS’s mission is to be a community of students, academics, and professionals committed to enhancing business learning through education and research, which is innovative, responsible, and engaged.

Individual awards

Adam Heron: “For outstanding service to the School through his work on the successful AACSB accreditation bid.”

Jane and Adam
Jane and Adam

Earl Jobling: “For demonstrating innovation and engagement in design and delivery of a place-based subject with industry partners”

Erica Klaymi: “For outstanding service to the school through the delivery of core activities including the BFCM Conference”.

Mally Marimuthu: “For identification of opportunities for continuous improvement in curriculum and quality process.”

Jane and Mally
Jane and Mally

Julio Mancuso Tradenta: “For leveraging engagement with external partners to enrich the student experience and enhance graduate employability.”

Team awards

Kiera Staley, Erica Randle, Emma Seal and Alex Donaldson: “For sustained engagement, enhancing our reputation as a partner of choice.”

Emma, Kiera and Jane
Emma, Kiera and Jane

Swati Nagpal, Nicole El-Haber, Donna Burnett, Tim Clune, Shalinka Jayatilleke, Alice Li, Anne Brouwer, Anjum Chaudhry: “For displaying excellence, innovation and connectedness in organising and running the PRME week of activities comprising the CR3+ Conference, ANZ Regional Chapter meeting and the United Nations Champions Meeting”.

Jane, Anne, Donna, Nicole, Swati, Shalinka, Tim and Tynique

LBS Research Excellence Awards

The following staff members received Research Excellence Awards:

Early Career Researcher Award: Dr Kirsty Forsdike

Jane and Kirsty
Jane and Kirsty

Mid-Career Researcher Award: Dr Liam Lenten

Liam and Jane
Liam and Jane

Excellence in Higher Degree Research Supervision Award: Professor Bala Balachandran

Congratulations to all these outstanding staff members of the LBS!


Industry and academia coming together at LBS’ Behavioural Finance and Capital Markets Conference

Last month, LBS hosted the 9th Behavioural Finance and Capital Markets (BFCM) Conference. The conference aims to bring together scholars and practitioners to present state-of-the-art research in the fields of Behavioural Finance, Experimental Finance and Capital Markets/Market Microstructure.  

The conference is unique in that it merges academic research with the applied work of the finance industry. The conference continuously looks to identify new emerging fields of research and supports better cooperation and collaboration among researchers and between academia and industry. According to it comes down to this:

“The research we do should not only have academic value but also practical application that impacts the finance industry and hence our society. This conference makes that happen.”

Professor Petko Kalev (Founder of the BFCM Conference)

Day 1

After being welcomed by Dean & Head of LBS Prof Jane Hamilton, Mike Aked from Research Affiliates kicked off with a discussion why Kappa is being a more stable estimate of the skew that exists in financial markets, followed by Nick Wade from Northfield Information Services presenting why getting risk “right” is wrong, explaining how risk and volatility are not being equivalent concepts.

The industry forum discussed “Technological Disruptions in the Finance Industry and the role of Humans”. All panel members, which included Joseph Barbara (ASIC), Kingsley Jones (Jevons Global Pty Ltd), Rick Klink (Paritech) and Alistair Rew (AMP Capital), agreed there is and always will be a very important role for humans.

The industry forum
The industry forum

Keynote speaker Dan diBartolomeo from Northfield Information Services discussed “Robo-Advisers”. Particularly where these automated investment advisers have fallen short and more importantly, a solution. This was followed by a keynote of Professor Nadia Massoud from Melbourne Business School on the use of Artificial Intelligence in sentiment analyses of finance data and recent developments on how to improve sentiment measures.

Several industry doctoral candidates from the RoZetta Institute (formerly CMCRC) also presented their work. They presented on the rise in trading on close, the sensitivity of trading to the cost of information and self-organizing maps and financial applications.

PhD Candidates RoZetta Institute
PhD Candidates RoZetta Institute

In his presentation titled Harry Potter’s Classroom: The Case for Either ‘Independent Directors’ or ‘Financial Literacy’, Sam Ferraro from Global Founders Funds Management discussed whether Founder-CEO firms exhibit low board independence and if that matters. This was followed by Simon Russell from Behavioural Finance Australia presenting a chapter from his book Behavioural Finance: A guide for financial advisers focusing on the overstated role of financial literacy.

During the conference dinner Professor Peter Bossaerts from University of Melbourne delivered the last keynote of the day. Peter spoke about the relevance of theoretical finance in a world of behavioural finance, emphasising that industry should hire people who know theory. After the keynote, several presenters received best paper awards.

Best Paper Award sponsored by RoZetta Institute

Antonio Gargano, Juan Sotes-Paladino and Patrick Verwijmeren received the Best Paper Award sponsored by RoZetta Institute (Formerly CMCRC-SIRCA), for their paper entitled Out of Sync: Disagreement among Short Sellers and the Correction of Mispricing.

Best Paper Award sponsored by RoZetta Institute

Best Paper Award sponsored by Amery Partners

Oleg Chuprinin and Arseny Gorbenko received the Best Paper Award sponsored by Amery Partners Pty. Ltd. for their paper entitled Rationally Neglected Stocks.

Best paper award sponsored by Amery Partners Pty

Day 2

On the second day there were parallel sessions where scholars presented their research in one of the following streams:

  • To Be or Not to Be in Cryptocurrencies Markets or in Markets with Divergence of Opinion, Excess Price Volatility and Excessive Portfolio Turnover
  • Overconfidence, Emotions, Moods and Sentiment in Financial Markets
  • Asymmetric Information, Unobserved Heterogeneity and Market-wide Events

The keynote was delivered by Professor Elena Asparouhova – The Francis A. Madsen Professor of Finance at the David Eccles School of Business at the University of Utah. Her talk focused on human-robot interaction in financial markets. Elena gave a brief overview of social science experiments, starting with the Santa Fe competition in 1990 to current experiments that examine if and how technology exacerbates or ameliorates human errors in financial markets.

There was also the chance for doctoral candidates to present their research topics. Candidates came from Australian universities such as La Trobe University, Monash University and University of New South Wales, but there were also candidates from international universities such as the University of Utah and the University of Auckland.

BFCM in the news

Several news articles were published about research presented at the conference:

participants of the BFCM Conference

If you have any questions about the conference, please contact Prof Petko Kalev (P.Kalev@latrobe.edu.au).

PRME Week at LBS – Using dialogue to build partnerships for sustainability

On the 24th and 25th of October, La Trobe Business School hosted a successful seventh CR3+ Conference. The theme this year was “Using dialogue to build partnerships for sustainability” and explored how partnerships can bring about sustainable solutions as we work together on progressing the Sustainable Development Goals (SDGs). More than 60 people from more than 15 countries attended the conference. This blog summarises some of its highlights.

Prof Suzanne Young opening the CR3+ conference

Day 1

Prof Dennis McDermott, La Trobe University’s Pro Vice-Chancellor (Indigenous), was the first keynote speaker of the conference. Dennis talked about authenticity, partnership and change, and how indigenous knowledge can assist partnership building for the UN Sustainable Development Goals (SDGs).

The second keynote was delivered by Jillian Reid from Mercer. Jillian discussed the climate scenario analysis Mercer has developed, investing for positive impact and how the SDGs are used as a framework for responsible investment.

The panel discussion on the first day focused on multi-stakeholder partnerships for sustainability where we learned that partnerships are complex and that dialogue, trust, respect and being open minded are critical to advancing the partners’ individual objectives, and those of the partnership.

panel discussion focused on multi-stakeholder partnerships for sustainability

The day was wrapped up at Charcoal Lane – a Mission Australia social enterprise restaurant that provides guidance and opportunity to young Aboriginal people in need of a fresh start in life. The Executive Chef of Charcoal Lane, Greg Hampton, gave an insightful talk about the social development aspect of the restaurant, but also their menu and the origin of the food they use.

Day 2

The second day of the CR3+ Conference was off to a good start with a keynote from Dr Leeora Black from Deloitte (and also LBS advisory board member) discussing the social aspects of sustainability, corporate social responsibility and particularly Australia’s Modern Slavery Act.

keynote from Dr Leeora Black from Deloitte

Later in the morning it was time to get creative with Lego SeriousPlay©. Dr Heather Stewart and Dr Rob Hales from Griffith University provided a workshop using Lego that focused on building relationships and collaboration with the aim of exploring the embedding of sustainable development goals in learning and teaching within business schools.

The last speaker on the second day was Dr Raghu Raman from Amrita University. Raghu introduced the university’s Live-in-Labs® – a program that breaks classroom and lab barriers by applying learned theory in real-world settings. It uses principles of lean research for the development and deployment of sustainable solutions for current challenges faced by rural communities in India.

After the conference

The day after the conference, the Australia New Zealand PRME Chapter meeting took place on the theme ‘Students as Partners’. The day was about sharing stories and learning from students about how universities can partner with them more effectively to co-create curriculum and extracurricular activities that advance knowledge about the SDGs. Eleven students from across Australia and New Zealand were in attendance and had the opportunity to ask academics what they are doing to advance Sustainable Development across the region.

Australia New Zealand PRME chapter meeting
Australia New Zealand PRME chapter meeting

Besides the Australia New Zealand PRME Chapter meeting, there was also a PRME Champions group meeting with representatives of 40 business schools from all continents. The meeting was co-hosted by La Trobe Business School and Deakin Business School.  This was the fourth and final meeting of the 2018-2019 Champions cycle, with a key outcome of the meetings being the development of a Blueprint for SDG integration across Business Schools in the areas of teaching, research and partnerships.  Once completed, the blueprint will be available to the 700+ Business School signatories worldwide.

PRME Champions group meeting

The week of PRME-related activities hosted by LBS demonstrate our continued commitment to be a Business School with purpose. This was showcased through the week’s focus on partnerships for sustainable development, highlighting the role of indigenous values and ‘ways of knowing’ in our approach to partnerships, and the wider academic community’s recognition of the student voice in our thinking about sustainability. Furthermore, through our international partnerships with the CR3+ network, PRME and the Champions Group, our staff and students had the opportunity to engage with a global network of academics who research and teach in sustainability, partnerships and CSR.

If you have any questions about the Business School’s involvement with the UN PRME or any of the events discussed in this blog, please contact Dr Swati Nagpal.

This blog is the last blog in the SDG Series, a series that focused on the 17 Sustainable Development Goals set by the United Nations, in the lead up to the CR3+ Conference.

More blogs in the SDG Series:

- An introduction to the Sustainable Development Goals
- SDG Series: Sustainable Development Goal 1
- SDG Series: Sustainable Development Goal 2
- SDG Series: Sustainable Development Goal 3
- SDG Series: Sustainable Development Goal 4
- SDG Series: Sustainable Development Goal 5
- SDG Series: Sustainable Development Goal 6
- SDG Series: Sustainable Development Goal 7
- SDG Series: Sustainable Development Goal 8
- SDG Series: Sustainable Development Goal 9
- SDG Series: Sustainable Development Goal 10
- SDG Series: Sustainable Development Goal 11
- SDG Series: Sustainable Development Goal 12
- SDG Series: Sustainable Development Goal 13
- SDG Series: Sustainable Development Goal 14
- SDG Series: Sustainable Development Goal 15
- SDG Series: Sustainable Development Goal 16
- SDG Series: Sustainable Development Goal 17

Book launch – Cost Management for Nonprofit and Voluntary Organisations

La Trobe Business School’s Centre for Public Sector Governance, Accountability and Performance (CPSGAP) invites you to attend the launch of the book titled “cost management for non-profit and voluntary organisations” written by Professor Zahirul Hoque, Director of CPSGAP and Dr Tarek Rana, formerly an LBS staff member and now Senior Lecturer in Accounting at RMIT University.

Book cover, titled cost management for non-profit and voluntary organisation
Picture by CRC Presss

The book is one of the outcomes from a research conducted by the two authors that was funded by the Chartered Institute of Management Accountants (CIMA) UK.

The research

Increasing competition for funding and government compliance requirements have put nonprofit organisations under pressure to be more cost-effective when undertaking development projects and delivering services to the community. Cost accounting and cost management tools are considered a means to provide adequate and quality information for management control for all sorts of organisations, including nonprofits.

The research examined the current costing and cost management practices in the Australian nonprofit sector and offers insight into how nonprofit and voluntary organisations can control and manage the costs of their operation and projects through contemporary costing and cost management tools.

The book

Routledge has published the research monograph. The book provides information on how adetailed and regularly updated cost information and reporting model can help nonprofit organisations managing their operations efficiently and effectively.

Motivated by a lack of evidence on how and whether Australian nonprofit organisations address current challenges through modern cost management tools, we attempted to write this book using our field study evidence on the sector’s cost accounting practices.

prof zahirul hoque

The book will particularly be of benefit to a range of stakeholders in the sector, including financial and management accountants, accounting professional bodies, government, policy makers, academics, consultants, and operational managers.

The authors

Professor Zahirul Hoque is Professor of Management Accounting/Public Sector in the Department of Accounting and Data Analytics and Director – CPSGAP, La Trobe Business School, La Trobe University. He is a Fellow of CPA Australia (FCPA) and Institute of Cost and Management Accountants (FCMA) of Bangladesh.

Dr Tarek Rana is Senior Lecturer in Accounting at RMIT University. He is a Chartered Management Accountant of CIMA (UK), Chartered Global Management Accountant of AICPA, Chartered Accountant of CA ANZ, and Fellow of CPA Australia. Dr Rana was the co-investigator to this project while at La Trobe University.

Event details

Guest speaker: Catherine Willis
Acting Assistant Commissioner General Counsel,
Australian Charities and Not-for-profits Commission

When: Friday 22 November 2019 03:00 pm until 05:00 pm
Where: La Trobe City Campus, Level 2, 360 Collins Street, Melbourne, Room 2.10
Registration & Contact: Professor Zahirul Hoque (z.hoque@latrobe.edu.au/ 03 9479 3433)
Event webpage: www.latrobe.edu.au/events/all/cpsgap-seminar-and-book-launch

MBA students contribute to economic development in Melbourne’s North

With more than eight years professional experience and at least three years in a management position, MBA students use their knowledge and expertise gained through business education to work as management consultants for La Trobe University’s Industry Partners and their affiliated organisations, particularly in Melbourne’s North.

Experiential Learning Project

The subject that facilitates students to work as management consultants is called Experiential Learning Project (BUA5ELP). Students enrolled in 2019 have contributed to the economic development in Melbourne’s North by:

  • Creating a new model for recruiting and training vocational education and training (VET) teachers for the Northern College of Arts and technology (NCAT).
  • Recommending strategies to improve young women’s access to investment opportunities for the Women’s Investment Network Forum (WIN).
  • Developing a growth strategy for the Carlton Respects program.
  • Presenting a comparative analysis and strategy options for Melbourne Innovation Centre.
  • Creating new job opportunities for people with intellectual disabilities to work in the digital economy.

The Experiential Learning Project was a crucial experience in my MBA journey. It gave me the opportunity to practically experience the inner workings of a SME and help the organisation resolve an identified business blockage. The consulting project helped me practically utilize my learnings from the MBA into a real business scenario. The ELP was an incredible learning opportunity that helped me get industry ready post the MBA.

Mahima Chaudhary (International MBA Advanced Student)

MBA Study Tour with NORTH Link

NORTH Link is a regional partnership of industry, education and government and one of Victoria’s key economic development organisations. As part of its interest in food security and reinventing the industrial focus of Melbourne’s northern suburbs, NORTH Link is facilitating new export markets for agricultural products and food manufacturing.

Supported by the La Trobe International and prestigious Chongqing University, this study tour invited MBA students to accompany the NORTH Link delegation on this important business venture to China.

Six MBA students learnt first-hand how businesses in Melbourne’s North are working together to develop new commercial opportunities for the region. Students expanded their knowledge of international trade in the Chinese market and built professional networks.

The MBA Study Tour with NORTH Link provided an opportunity for me to experience China and international trade like no other. Incredibly grateful to have been part of the delegation, receiving in-depth learning of culture, business interactions and opportunities within Chongqing and Chengdu. The friendships and networks made were invaluable and enhanced my MBA experience exponentially. 

Alana Pendrick (OnLine La Trobe MBA student)
The NORTH Link and La Trobe MBA Delegation at Chongqing University
The NORTH Link and La Trobe MBA Delegation at Chongqing University

What happens when an MBA student combines an Experiential Learning Project with an International Study Tour?

Bhrigu worked on a growth strategy and business plan for Juanita’s Kitchen, a food manufacturing business in Coburg. Then he seized the opportunity to take Juanita’s hot sauces and spices to the Sichuan province of China on an MBA-NORTH Link Business Study Tour.

Study Tour 2019 – China proved to be one of the best experience I have had during my MBA journey so far. It was one in the lifetime opportunity for me which helped me gain deep insights about China’s culture, history, city planning, local businesses and foreign trade by being a part of a prestige delegation from Melbourne’s North which included NORTH Link and prominent government officials. Moreover, it opened pathways for networking and helped me in making some precious business networks and friends. I would like to thank the MBA Director, Dr Geraldine Kennett for providing MBA students with this wonderful opportunity which significantly and undoubtedly added value to our degree.

Bhrigu Dutt Sharma (MBA Student)

LBS plays important role in LTU’s Net Zero target

In August, La Trobe University announced that it will become Victoria’s first zero-emissions University. The $75 million initiative combining 20 separate projects will ensure that LTU will have Net Zero emissions by 2029.

Net-zero carbon emissions, or carbon-neutral emissions, are achieved by balancing the amount of carbon released with an equal amount of carbon offset by producing clean energy.

The La Trobe Energy Analytics Platform (LEAP) provides the technology pillar for the Net Zero initiative and is designed and implemented by researchers and students from LBS’ Centre for Data Analytics and Cognition (CDAC). The team will design and implement the platform which then monitors energy consumption in up to 50 smart buildings and makes lighting, heating and cooling adjustments in real time to reduce energy consumption.

Smart Building
source: https://pxhere.com/en/photo/1452109

The creation of a smart building allows the building to ‘think’ for itself in optimising its energy consumption. Formulating this Smart Building involves Artificial Intelligence, Unsupervised Machine Learning, Data Analytics and Software Development; this includes CDAC’s own brand of algorithms that have been developed over the past decade. CDAC’s research work is internationally renown and has also been used successfully in several industrial engagements ranging from Health, Transport, Fire and Emergency Services, Sport and Energy. The Centre also hosts a unique blend of research and expertise in its staff and researchers which makes it the ideal candidate to develop such a platform and espouses the concept of a Living Lab that La Trobe University champions.

LEAP Technical Architect (and LBS PhD candidate) Nishan Mills summarised the system as:

Buildings and spaces display distinctive behaviours in energy consumption. The LEAP platform will use available data streams to create digital twins for buildings and spaces in the University environment in order to capture this behavioural profile. This allows the platform to detect, analyse and suggest corrective measures to achieve the most efficient energy consumption across the university.

Read more about LTU’s Net Zero projects here

Going to Vietnam as part of your LBS degree

Another successful Vietnam Study Tour has taken place during the 2019 Winter Semester. Students explored and experienced Ho Chi Minh City, Hoi An, Hue, Hanoi and Halong Bay.

The subject

The study tour is an optional elective and part of the subject Tourism and Hospitality International Study Program (THS3ISP). The objective of the study tour is to examine and observe the cultural, social and environmental aspects as a tourist, the impacts of government policy and the legacy of war.

The assessment tasks include:

  • Case study relating to war and ethics
  • Daily reflective journal of personal experiences
  • Report evaluating the differences between the hotel and restaurant standards of Australia and Vietnam
  • Group presentation based on photo journal on a given topic

The students

This year, nineteen students went on the Vietnam Study Tour, 13 females and 6 males, of which four international students. The students were accompanied by Paul Strickland, lecturer at LBS and program director – Tourism, Hospitality and Event Management, and Lisa Murphy from the LBS admin team.

The study tour

The study tour started with a tour through Ho Chi Minh City where students visited the Central Post Office and Opera House, both colonial-era architectural masterpieces, followed by the Reunification Palace, so-called for the building’s integral part in the reunification of the country after the war.  Students also visited the Cu Chi Tunnels, who not only served as living questers during the Vietnam War but also as supply routes and hospitals for thousands guerrilla fighters. The trip was combined with a visit to the War Remnants Museum for a firsthand look at the Vietnam War through the eyes of Vietnamese people.

The Vietnam National University Ho Chi Minh City organised a lecture about Vietnamese culture, food, religion and the differences in study techniques. The Vietnamese students organised interactive games, hosted morning tea and gave a vocal performance followed by a cooking demonstration at Mandarin Restaurant. Before traveling to Hoi An, there was time to visit the site of Australia’s Nui Dat Task Force base, Nui Dat SAS Hill, the Long Tan Cross at the War Memorial, Australian War Graves, Long Tan battlefield and Vung Tau city – the arrival port for Australian troops. This may be the last time students gets to see the Nui Dat SAS Hill in its current form as it has started to be quarried.

Lecture at Vietnam National University
Lecture at Vietnam National University

In Hoi An, a former trading port, is famous for its restored architecture, homemade silk, expert tailors and delicious noodles and seafood. Here the students visited Chua Ong Pagoda, built in 1653 in honour of the Chinese general Quan Cong who is worshiped as a symbol of loyalty and justice. Students also visited Phuc Kien Assembly Hall to see a temple dedicated to the goddess of the sea, the 200 years old Tan Ky house and took a boat trip along Thu Bon river to the Red Bridge Cooking School for a five-course cooking lesson. While in Hoi An, students also visited My Son, the former capital of the ancient Cham civilisation who ruled Vietnam from the 2nd until the 13th century and attended not-for-profit charity restaurants.

Red Bridge Cooking School in Hoi An
Red Bridge Cooking School in Hoi An

From Hoi An, the students travelled to Hue – the Imperial City of the former Emperor. They enjoyed a tour of the city and boat trip on the Perfume River to the Thien Mu Pagoda. After visiting Hue the tour continued to Hanoi, Vietnam’s capital city. Students visited the Temple of Literature, built in homage to the Chinese scholar Confucius, Hoa Lo prison and the Old Quarter’s 36 streets.

Towards the end of their two-week study trip, students went on a boat cruise through UNESCO World Heritage Halong Bay. The cruise included a visit to the Tien Ong Cave, which covers an area of 1000 m2, a cooking demonstration, squid fishing and a visit to Cua Van floating fishing village.  The study tour ended when students returned to Hanoi with a visit to the Ho Chi Minh Complex where they heard about the man who led Vietnam’s campaign for independence from French colonial rule.

Kayaking at Halong Bay
Kayaking at Halong Bay

Student feedback

We asked two students for feedback about the trip and both had an amazing time.

I absolutely loved everything about this trip! The culture, the food, the consequences of war and the diverse tourism products and services available.

My daily reflection and photo journal will be a treasured memory for years to come. I knew no-one in the beginning and made lots of friends. I would definitely recommend this study tour to anyone.

I learnt so much during this once in a lifetime experience!

The study tour was extremely interactive. Everything we did, one of us [a student] was involved in everything, if not all of us. I loved seeing the diverse countryside, the cities, the jungle, the fields and of course the beach and water.

SDG Series: Sustainable Development Goal 17

SDG 17: Partnerships for the goals

The sustainable development goals can only be realized with strong global partnerships and cooperation. The final sustainable development goal in our SDG Series is about just that: “Strengthen the means of implementation and revitalize the global partnership for sustainable development” (SDG compass, 2015).

The focus of SDG 17

SDG 17 seeks to strengthen global partnerships to support and achieve the ambitious targets of the 2030 Agenda, bringing together national governments, the international community, civil society, the private sector and other actors (SDG Knowledge Platform, 2019). SDG 17 reflects a holistic approach to the means of implementation for the 2030 Agenda, including 19 targets that span finance, technology, capacity-building, trade and systemic issues. In addition, the means of implementation are integrated across the other Goals through dedicated targets, underlining their cross-cutting nature (UN High Level Political Forum on the SDGs, 2018).

Partnerships and PRME Week at La Trobe Business School

As we work towards building a more sustainable world we cannot work in isolation. Partnerships are necessary to ensure long term success. However, the partnership model may be problematic, with issues arising such as co-option and abuse of power. Differences between actors can also lengthen the journey and make the measure of success difficult to determine. Hence, LBS has drawn on its various networks to turn the spotlight on partnerships and SDG 17 over a week of UN PRME-related activities this month.

CR3+ Conference 24-25 October

CR3+ is a collaborative initiative of four PRME champions: Audencia Business School (France), Hanken School of Economics (Finland) and ISAE Brazilian Business School (Brazil) and La Trobe Business School (Australia). These champions have been working together since 2008, with the aim to exchange ideas, pedagogical processes, curriculum and research in the area of corporative responsibility.

Working in conjunction with PRME champions, The La Trobe Business School is hosting a two-day conference on the topic ‘Using dialogue to build partnerships for sustainability’ from the 24th to 25th October 2019. The conference explores how partnerships can bring about sustainable solutions as we work together on progressing the Sustainable Development Goals (SDG).

Australia/New Zealand PRME Chapter Meeting – 26 October

The day after the conference, fifteen regional PRME Chapters are coming together to help advance the Six Principles (i.e. purpose, values, method, research, partnership and dialogue [link]) within a particular geographic context, rooting PRME in different national, regional, cultural, and linguistic landscapes. They function as platforms for localized engagement from higher education institutions, and in cooperation with Global Compact Local Networks, and can develop projects and initiatives that support the Sustainable Development Goals regionally (UN PRME, 2019).

The theme of this year’s chapter meeting is ‘Students as Partners’. In addition to representatives from Australian and New Zealand business schools, 11 students will be attending the meeting this year. These students are having input into the program for the day and will be actively involved in the discussions on the day.

4th PRME Champions Meeting for the 2018/2019 Cycle

After meeting with the regional PRME Chapters, there is a PRME Champions Meeting. The PRME Champions group is made up of 40 business schools from all continents, with the aim of developing a blueprint for embedding the PRME principles and Sustainable Development Goals across three key areas – research, teaching and partnerships. The meeting in Melbourne is the culmination of the 2-year PRME Champions Cycle, with a focus on partnerships for sustainable development.  Once completed in 2020, the blueprint will then be shared across the 750+ PRME business schools across the world.

A key output from the meeting will be the development of the partnership element of the blueprint, highlighting best practice, the role of multiple voices (Indigenous approaches to partnerships is a key sub-theme of the meeting) and some of the challenges facing multi-sector partnerships.

SDG Videos

Because the last SDG is about partnerships, there is not one, but there are three videos from different CR3+ partners. In each video, Associate Professor Martin Fougere from Hanken School of Economics introduces particular SDG 17 targets and the CR3+ partner(s) that illustrate how their university is working on these targets.

The targets that are being discussed in the videos are:

  • 17.6 – Knowledge sharing and cooperation for access to science, technology and innovation
  • 17.9 – Enhance SDG capacity in developing countries
  • 17.16 – Enhance the global partnership for sustainable development
  • 17.17 – Encourage effective partnerships

The first video shows Patricia Guérin from Audencia Business School. Patricia discusses how the university’s partnership with the non-governmental organisation (NGO) Planète Urgence and particularly its “solidarity leave” volunteering scheme works towards targets 17.9 and 17.17.

The second video looks into targets 17.16 and 17.17 and shows representatives from both La Trobe Business School and Hanken School of Economics. Professor Suzanne Young and Dr Swati Nagpal discuss LBS workshops that are being organised for capacity building in connection with different SDGs. Associate Professor Pia Polsa from Hanken School of Economics talks about the CORE project the university is part of. The project is funded by Strategic Research Council at the Academy of Finland, and studies and develops collaborative action in environmental planning and decision-making.

The third video shows Professor Cleverson Andreoli from ISAE Brazilian Business School and focuses on targets 17.6 and 17.7. Cleverson talks about the National Institute of Science and technology for Sustainable Sewage Treatment Plants (INCT), a cooperative network that focuses on issues related to sanitation in Brasil, and the research that ISAE and other Brazilian universities conduct in this area.

If you would like access to the full videos to use in your teaching, please contact Dr Swati Nagpal.

This blog is part of the SDG Series, a series that focuses on the 17 Sustainable Development Goals set by the United Nations, in the lead up to the CR3+ Conference in October 2019.

More blogs in the SDG Series:

- An introduction to the Sustainable Development Goals
- SDG Series: Sustainable Development Goal 1
- SDG Series: Sustainable Development Goal 2
- SDG Series: Sustainable Development Goal 3
- SDG Series: Sustainable Development Goal 4
- SDG Series: Sustainable Development Goal 5
- SDG Series: Sustainable Development Goal 6
- SDG Series: Sustainable Development Goal 7
- SDG Series: Sustainable Development Goal 8
- SDG Series: Sustainable Development Goal 9
- SDG Series: Sustainable Development Goal 10
- SDG Series: Sustainable Development Goal 11
- SDG Series: Sustainable Development Goal 12
- SDG Series: Sustainable Development Goal 13
- SDG Series: Sustainable Development Goal 14
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Visiting Manchester, Liverpool and London during LBS’ Sport Study Tour

During the winter semester, several students went on a sport study tour to the United Kingdom as part of their Sport Management degree. Read about the tour and students’ amazing experience.

The tour reinvigorated my belief on why I chose to study sport and what direction I want to take for the future.

Hamza Nur

The subject

The Sport Study Tour (BUS3SST) is a winter elective subject that provides third-year Bachelor of Business (Sport Management) students the opportunity to extend their formal academic learning beyond the local classroom into the global sport environment.

The tour brings students for two weeks to the UK. While overseas, students are based at Manchester Metropolitan University (MMU), a partner of La Trobe University, whose industry partners include Manchester City FC, Manchester City Council and UK Sport. 

Participating in this study tour allowed for students to understand the multicultural and sporting City of Manchester and enhance their understanding of different cultural contexts, values and practices, as part of the process of becoming and global citizen. Assessments included:

  • Case study on the UK sport system (Individual)
  • Daily reflective journal and photos (Individual)
  • Group presentation on sport development program (pairs)

The students

Ten students (8 males and 2 females) attended the study tour and were accompanied by Dr Pam Kappelides from LBS and Emily Harbrow from LTU Sport. Emily is an LBS Sport Management alumna and worked at Manchester City FC meaning that besides the many contacts she has in the UK, students heard first-hand about her journey in sport.

The students partaking in the study tour

The study tour

Upon arrival, students enjoyed a walking tour of Manchester, were officially welcomed by the Pro Vice Chancellor (Research) and after an introduction to the subject had their first lecture on UK Sports Volunteer Management by Catherine Elliott, senior lecturer of Sport Management & Marketing at MMU. Other (guest) lectures organised for the students included:

  • Lecture on UK Sport Policy and Sport Mega Events by Professor Jonathan Grix and Paul Brannagan from MMU
  • Guest lecture by Colin Bridgford, CEO at Manchester Football Association
  • Guest lecture by Neil Fairlamb from the Manchester City Council on Strategic Lead – Parks, Leisure & Events
  • Lecture on E-Sports by Dr Qi Peng from MMU
  • Guest lecture by Matt Stocks from Greater Sport UK

Obviously, the tour included a variety of interesting and sport focused field trips, such as:

  • National Football Museum
  • Manchester Institute of Health and Performance
  • Old Trafford Cricket Ground
  • Manchester Velodrome
  • Manchester City Elite
  • Manchester City Football Club
Students at Old Trafford Cricket Ground

Besides Manchester, students also visited Liverpool and London. In Liverpool students enjoyed a Beatles and City Walking Tour before attending the Netball World Cup watching Australia play England. In London students attended Wimbledon followed by a tour through Wembley Stadium. While in London, students also had the opportunity to talk with another LBS Sport Management alumni over dinner – Gareth Ficarra – who is currently working at Arsenal Football Club.

The two-week trip finished with students’ group presentations and the presentation of fun awards for each student on their participation during the tour.

Student feedback

We asked the students for some feedback about the trip, and they all agreed that it was a trip of a life-time!

The study tour was a fantastic opportunity to immerse ourselves in international sporting organisations and continue to grow our networks at an international level.

Haylee Jesensek

The study tour was an opportunity of a lifetime! The tour provided the chance to grow internationally and created great networking opportunities as well as a great learning experience. The tour gave us the opportunity to hear and connect with Sport CEOs and La Trobe Alumni.

Max Hannah

The UK study tour provided all students with incredible exposure to some of the most influential sporting organisations in the world, as well as unparalleled networking opportunities with highly regarded sports professionals throughout England.

Will Holding

The trip was amazing, I was able to fulfill a life dream. It was really interesting to see the difference between Australian and UK sporting culture, through the stadium tours and presentations. Before going on the trip, I was quite unclear of what I wanted in my future. Although this may still be the case, I know 100% that my future belongs in sport after this amazing experience.

Hayden Atherton

The UK sports study tour was a once in a life time experience. To be able to see the leading international sporting clubs and their facilities was unbelievable. The opportunity to establish international sporting connections gave me an insight into opportunities beyond Australia. Being able to experience the atmosphere at world class sporting events is something I will treasure forever.

Jacqui Lawson
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