The Melbourne Centre for Financial Studies has been re-launched as the Australian Centre for Financial Studies on 7 July 2010.
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The Melbourne Centre for Financial Studies (MCFS) is an exciting initiative involving partnership between public and private sectors, and industry and academe. The Centre was launched in 2005 with seed funding from the Victorian Government. Members of the consortium are Melbourne, Monash and RMIT Universities, and Finsia.
To build linkages between academics, practitioners and government to enhance finance research, practice and education and the reputation of Melbourne's financial institutions and universities and of Melbourne as a financial centre.
To be recognised by industry, academia and government as the pre-eminent Australian organisation facilitating knowledge creation, knowledge transfer and thought leadership within the financial sector, and able to attract industry funding to support those activities.
The Melbourne Centre draws on and supplements the wealth of institutional, human and knowledge capital which exists in the Melbourne financial community. It undertakes research, consulting and educational activities which create social benefits for the Victorian community as a whole, and will assist participating organizations to improve their performance and standing in both global and national markets.
The importance of the finance sector as the backbone of economic and social development is continually increasing, with the range of activities, risks and opportunities becoming ever broader and more complex. The intersection of academic and practitioner interests and expertise continues to expand, creating significant value-adding opportunities for those communities which can harvest them effectively. The Melbourne Centre is based on a vision that its partnership model will deliver benefits for Melbourne as a whole as well as for participating institutions.
The Melbourne Centre for Financial Studies will achieve its goals in a number of ways. First, it facilitates linkages between Ħ°town and gownĦħassisting each to better identify the opportunities for mutually beneficial collaboration. Second, it identifies and undertakes both pure and applied finance research of particular interest to the Melbourne financial and business sectors. Third, it facilitates the transmission of developments in finance knowledge between practitioners and academe. Fourth, through its publications, conferences and workshops, and development of international linkages with key institutions and individuals, it promotes Melbourne as an international centre for finance practice, research and education.
The Melbourne Centre for Financial Studies is housed at level 43, 80 Collins Street, Melbourne, in the heart of the Melbourne CBD.
The initial funding for the Melbourne Centre took
the form of cash and in-kind support from its founding
members. A significant initial grant from the Victorian
Government was supplemented by funds from the founding
University members to provide a base for the establishment
of the Centre and its work program. Finsia (formerly
AIBF) has provided financial and in-kind support
by way of provision of office space and secretarial
and administrative support. Further in-kind support
from the consortium of founding University members
includes access to their extensive research facilities
The business plan of the Melbourne Centre envisages that ongoing funding will be obtained from a variety of additional sources. These include:
- Contributions from new industry members wishing to support the activities of the Centre
- Funds raised from contract research and consulting
- Funds raised in the form of research grants
- Profits generated from conferences, seminars and training activities
Sponsors and partners
Opportunities exist for organisations and individuals to become involved with the MCFS. For more information please call 03 9666 1050.