UTS Business School a top performer in research excellence
UTS Business School’s world-class research performance has been recognised with outstanding results in the Australian Research Council's Excellence in Research for Australia (ERA) evaluation report.
The ERA results, published today, benchmark research from 42 Australian research institutions against international standards. All fields of research at UTS Business School are at, above, or well above world standard in the State of Australian University Research 2018–19: ERA National Report.
UTS Business School received the highest rating of five (well above world-standard) across four subject areas – Economic Theory; Econometrics; Banking, Finance and Investment; and Marketing.
“This is an outstanding result, and reaffirms our standing as a world-class faculty and one of the most accomplished business schools in Australia,” says Professor Chris Earley, Dean of UTS Business School.
“It not only recognises the tremendous work undertaken by our faculty members but also the broader impact on our students and the business community, connecting them with extraordinary learning and practice,” he says.
Econometrics has been consistently excellent, having received a rating of five in the past three ERA assessments. The inclusion for the first time of Banking, Finance and Investment and Marketing in the top rating this year reveals the upward trajectory of UTS business research.
In addition, Applied Economics and Accounting subject areas had a rating of four (above world-standard), and the two broader fields of Economics; and Commerce, Management Tourism and Services; also rated four (above world standard).
Only two other universities, Melbourne and Monash, received a rating of five for Marketing and only three other universities, Melbourne, UNSW and La Trobe, received a rating of five for Banking, Finance and Investment.
“This result places our research on par with Australia’s Group of Eight (Go8) research intensive universities and demonstrates our commitment to high quality research with impact,” says Professor Ashish Sinha, UTS Business School Associate Dean Research.
Across UTS all broad fields of research are now rated at or above world standard, with 72 per cent being ‘above’ or ‘well above’ world standard. UTS has recorded an upward trajectory in all four of the Australian Government’s ERA assessments undertaken since 2010.
“Through an unremitting focus on excellence and impact, UTS research has been on an amazing upward trajectory over four successive ERA assessments,” UTS Vice-Chancellor, Professor Attila Brungs, says*.
“Through investment and partnering we’ve increased our research outputs by a massive 50 per cent since the 2015 assessment, while significantly improving the quality of our research, such that all broad fields of research are now rated at or above world standard.
“Our many outstanding academic and professional staff should all be incredibly proud of this stellar result,” he says.
In addition to the ERA Results, the Australian Research Council have released their inaugural Engagement and Impact Assessment (EIA) results.
UTS has performed particularly well on impact, coming out number 1 nationally, with 80 per cent of impact assessments rated high, including for the fields of Economics, and Commerce, Management Tourism and Services.
“What this demonstrates is that our research translates into practical impact for industry and society more broadly,” added Professor Sinha
*Read about the full UTS results on UTS News.