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History and Milestones

NUS Business School, one of the leading centres of business education in Asia-Pacific, has come a long way in a short time.

The area of business administration as a proper academic field was first taught at the then University of Singapore in 1961. Back then, Business Administration was just a subject in the Department of Economics. In 1965, the Department of Business Administration was set up to meet the growing needs of a formal business education in Singapore. The Department began with a full-time staff strength of four. It quickly grew in size and scope. In 1969, it was merged with the Department of Accountancy, and the School of Accountancy and Business Administration was formed. In 1980, another major reorganisation took place, when the University of Singapore and Nanyang University merged. With the merger of the two universities, the School became known as the Faculty of Accountancy and Business Administration.

The Faculty comprised the Department of Accountancy as well as the Department of Business Administration. In 1983, the Faculty was restructured again, and the School of Accountancy and the School of Management were formed. In 1987, the School of Accountancy was moved to the then Nanyang Technological Institute. The Faculty’s name was then shortened to become the Faculty of Business Administration. NUS Business School was established in 2002. The school now has about 149 full-time faculty members with a student population of over 3,000, both undergraduates and post-graduates. Riding on its rich history and appeal to so many bright and talented students, NUS Business School is poised for a new take off.

Timeline

2020s

2021

The Department of Real Estate (DRE) joins NUS Business School.

Master of Science office launches in The NUS MSc in Human Capital Management & Analytics programme.

NUS Business School hits record high in its 11th virtual charity run with $525,000 raised for charity.

Centre for Governance, Institutions and Organisations (CGIO) is renamed the Centre for Governance and Sustainability (CGS).

Tycoon the Tiger, our very own mascot, is born on 1 September.

Launch of Zhejiang Alumni Chapter on 25 April in Hangzhou, China.

2020

NUS Business School launches a new research centre, The Centre on AI Technology for Humankind (AiTH) on 23 April.

NUS Business School became the first faculty in NUS to implement a hybrid teaching model — a mix of virtual and face-to-face classrooms for students.

13 professors from NUS Business School are ranked among the top two percent of scientists in the world in a Stanford study.

Associate Prof Joel Goh is named as one of Poets & Quants’ “2020 Best 40 under 40 MBA Professors”.

Master of Science office launches The NUS MSc in Accounting programme.

2010s

2019

The NUS MBA is ranked 17th in Financial Times Global MBA rankings

Professor Teo Chung Piaw becomes the first fellow from an Asian institution to be honoured for lifetime achievement by The Institute for Operations Research and Management Sciences (INFORMS).

2018

Professor Andrew K. Rose is appointed as the new Dean of the NUS Business School.

12 outstanding alumni are honoured at the prestigious NUS Business School Eminent Business Alumni Awards 2018.

NUS Business School and Bank of China Singapore Branch signs an agreement to advance Fintech innovation through the BOC-NUS Case Competition.

2017

In partnership with Mapletree Investments, NUS Business School launches an executive training centre in Foshan, a high-tech development hub in South Eastern China.

NUS Business School establishes a Master of Science Programmes Office as part of the Graduate Studies department.

A new Master of Science in Finance programme is launched to address changes in the regulatory and institutional environments faced by the financial sector.

The NUS MBA launched an Innovation and Entrepreneurship specialisation to groom dynamic entrepreneurs and future business leaders.

NUS Business School partners with Pearson India to launch an exclusive Executive Education programme for young business professionals in India.

NUS Business School Executive Education signs a Memorandum of Understanding with BPJS Ketenagakerjaan, Indonesia’s National Social Security Agency, to develop a bespoke programme to strengthen leadership and industry competencies.

Launched the Zhejiang alumni chapter in Hangzhou. Senior Minister of State Sim Ann along with faculty and distinguished guests joined the celebrations.

School introduces “Leveraging Big Data in Management” a new Executive programme in Chinese for senior business leaders to respond to the relevant needs of enterprises in the age of big data.

Mr Liew Mun Leong, Chairman of Changi Airport Group, is appointed as the Chairman of NUS Business School Management Advisory Board.

NUS Business School and NUS School of Computing signs a Memorandum of Understanding with China Fortune Land Development to enhance experiential learning through intensive internships and a joint talent development programme.

A new undergraduate curriculum with stronger industry collaborations and specialisations is launched to prepare students to meet 21st century market demands.

The annual NUS Bizad Charity Run 2017 raises more than $140,000 for financially disadvantaged NUS Business School undergraduates and the Autism Resource Centre (ARC).

The NUS Executive MBA programme celebrates its 20th Anniversary.

2016

The Asia Pacific Executive MBA (APEX) is renamed The NUS Executive MBA in recognition of the programme’s increasingly international geographical footprint that extends beyond Asia.

The NUS MBA celebrates its 35th anniversary. The flagship programme’s 100-strong full-time cohort consists of over 30 nationalities from diverse professional backgrounds.

The Asia Accounting Research Centre was launched to develop market-relevant research to meet the industry’s needs for more applied research in the areas of standards development, business management, tools and methodologies.

2015

NUS Business School celebrates its 50th anniversary. More than 1,300 staff, students and alumni of NUS Business School as well as members of the public came together at the NUS Bizad Charity Run to raise over $140,000 for students of Assumption Pathway School and financially needy NUS business undergraduates.

NUS Business School join hands with Chicago Booth to launch an executive education programme under “The Asia Executive Series” in November 2015. The first programme to focus on emerging CFO’s in the dynamic Asian market.

2014

NUS Business School launched the Asia Leaders in Financial Institutions (ALFI) programme to equip industry practitioners with the capabilities to assume regional and global responsibilities, including Chief Executive Officer-level leadership and specialist roles.

The School honoured prominent leaders in business, health, property and sports at the Eminent Business Alumni Awards.

Assoc Prof Ishtiaq Pasha Mahmood from NUS Business School became the first faculty member at a Singapore university to be conferred the prestigious Aspen Faculty Pioneer Award, dubbed ‘Oscars of the business school world’ by the Financial Times.

NUS Business School established a $1.11 million memorial fund in honour of the late Professor Leong Siew Meng,

NUS Business School launched the China Business Centre (CBC) with the aim of providing policy makers, practitioners and academics with a world-class resource centre and research platform for China business and education.

Mr Masaaki Shirakawa, former Governor of the Bank of Japan, was appointed as Distinguished Visiting Fellow at NUS Business School from 25 August 2014 to 10 September 2014.

2013

Professor Bernard Yeung, Dean and Stephen Riady Distinguished Professor of NUS Business School, won the prestigious Irwin Outstanding Educator Award, becoming the first person from an Asian institution to win the honour.

NUS Business School addressed opportunities and challenges in China’s asset management sector at the fifth Wee Cho Yaw Singapore-China Finance and Banking Forum.

Founding President and Chief Executive Officer of CapitaLand Group, Mr Liew Mun Leong, appointed as Provost’s Chair Professor (Practice) in NUS Business School and the Faculty of Engineering.

NUS & IBM joined hands to establish the Centre for Business Analytics to build world-class analytics capabilities.

2012

Ranked top university in Asia, and 8th in the world, in the 2012 QS World University Rankings by Subject (Accounting & Finance). Ranked 3rd in Asia-Pacific in the 2012 QS Global 200 Business Schools Report.

The Princeton Review places NUS Business School among world’s best in “The Best 294 Business Schools: 2012 Edition”.

The NUS MBA ranked 23rd worldwide in the Financial Times MBA 2012 Rankings.

NUS Business School ranked 42nd in 2012 University of Texas at Dallas (UTD) Top 100 World Rankings of Business Schools based on Research Contribution from 2007-2011.

NUS Business School debuts in Financial Times Executive Education rankings at 64th in the open enrolment category, an d 67th in the customised programme category.