Breadcrumbs

Business leader gifts $500K to support Waikato’s premier business degree

17 January 2019

Business entrepreneur and philanthropist Tony Falkenstein.

Prominent New Zealand businessman and philanthropist Tony Falkenstein (ONZM) has pledged a half-million dollar donation to enable students at the University of Waikato’s Management School to travel overseas and gain hands-on exposure to global business innovation.

The overseas study tour is part of a new capstone paper in Waikato’s well-regarded four-year Bachelor of Management Studies with Honours degree. This and other changes to the degree will more clearly place the BMS(Hons) as New Zealand’s premier business degree for aspiring CEOs and entrepreneurs to succeed internationally.

In their final year, all BMS(Hons) students will take the paper ‘Understanding Global Business Practice’ so they can discover the practical challenges of operating a business in offshore markets, and learn more about global strategic thinking and cutting-edge business innovations. As part of the overseas study tour, students will visit one or more countries and have the opportunity to visit a number of successful businesses.

The revised BMS(Hons) degree programme will be offered to new students from February 2019.

Mr Falkenstein is the founder and chief executive of Just Water International Ltd, a pioneering NZX-listed company that supplies drinking water coolers and filters to workplaces across New Zealand.

A member of Waikato Management School’s business advisory board, Mr Falkenstein is an outspoken champion of innovation and entrepreneurship in business, having been inducted to the New Zealand Business Hall of Fame in 2008.

Professor Tim Coltman, Dean of Waikato Management School, says Mr Falkenstein’s $500,000 donation is the largest of its kind to directly benefit students since the school was founded in 1972.

“We feel privileged to be working with Tony, who is one of New Zealand’s most successful entrepreneurs. We are extremely grateful for Tony’s generous financial support, which will go a long way towards enriching our students’ educational experience,” says Professor Coltman.

“The overseas study tour will bring classroom learning to life and ensure our students graduate with an advanced understanding of global business practice. It will also lift their aspirations beyond the ordinary and inspire them to become business leaders on a global scale. We believe this collaboration with business and refresh of the renowned BMS(Hons) degree will also excite our next generation of learners.”

Mr Falkenstein says, “As an advisory board member I am delighted to see Waikato Management School thinking outside the square, and providing refreshed business courses that will enhance the success of today’s students.”

“For a long time I have been a passionate supporter of business education as being the key to New Zealand’s future economic and social prosperity. A course which allows students to ‘open their eyes’ to global business opportunies through overseas travel is something I would like to see as the standard in every student’s education,” says Mr Falkenstein.

Waikato Management School is ranked in the top 1% of all business schools globally, having held the prestigious Triple Crown accreditation from EQUIS, AMBA and AACSB since 2005. Waikato is also ranked in the world’s top 200 universities for Accounting & Finance and Business & Management Studies in the QS World University Subject Rankings 2018.


Latest stories

Related stories

Ivy and kiwifruit – the motivation behind Te Puke single mum’s pursuit of a Waikato degree

Last Friday, Te Puke single mum Kristy Manley-Griffin graduated with a Bachelor of Business at…

thomas-wakelin-graduating

Not your typical journey for HR graduate

Thomas Wakelin's journey has been anything but typical.

mungo-mason-rugby

Rugby, law and travel - an unbeatable mix

Law graduate Mungo Mason's average day is all about rugby - he's currently playing Major…

alana-tyrell-headshot

Using her degree to further the family business

Armed with a conjoint degree in law and management, Alana Tyrell is helping her family…

Think like a truck driver and grow your business

University of Waikato alumna and director of Mulberry St, Clare Swallow will deliver a paper…

Image of Earth at night

University of Waikato study means better economic and disaster modelling

A University of Waikato study has found a way to help economists better detect economic…

michelle-mccarthy-headshot

A series of fortunate events

If you've ever wondered how far a few chance meetings, some solid relationship-building and hard…

Aerial view of houses

Economics Professor says housing announcement lacking detail and doesn’t go far enough

University of Waikato Professor of Economics, Frank Scrimgeour, says the Government’s housing announcement today does…

Sir Edmund Hillary Medal

Students win medal for extensive service, leadership and academic achievement

Two University of Waikato students have won the Sir Edmund Hillary Medal for their significant…

John Gibson

Opinion: ‘safety at all costs’ - costs lives

Professor John Gibson discusses Government responses to the health risk of Covid-19 and competing threats…

Hon Grant Robertson

Tumultuous Times: National economics forum to ask the big questions

The University of Waikato is set to host a national economics conference on 3 and…

Shipping containers

Modelling international trade regulations reveals hidden impacts

New Zealand recently signed the Regional Comprehensive Economic Partnership (RCEP), an historic trade agreement between…