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Macquarie University QS #138

Oceania · Sydney, Australia · startup-ecosystem tier 2 · website

Established in 1964 and named after early colonial governor Lachlan Macquarie, this Sydney university was built on a parkland campus and is known for innovation in cognitive science and Australia's first MRI research.

The fuller picture

What a ranking doesn't show, scored 0-100 from sourced research.

EntrepreneurialResearchFacultyAlumniSpeakersEcosystemGrantsAffordabilityStudy-lifeWork-study
Strongest
Work-study balance & outcomes 80Study-life balance 72Cross-pollination / ecosystem 70
Worth weighing
Affordability (tuition + cost of living) 33 (expensive)Grants & funding provided 48

Dimensions in detail

Entrepreneurial intensity55

Macquarie runs the multi-award-winning Macquarie University Incubator (opened September 2017 with A$1 million in NSW government funding plus a A$7 million university commitment), one of the larger campus-based incubators in Sydney. Its flagship Startup Educate program acts as an accelerated 'mini-MBA' for founders, while the two-week START program uses lean-startup and design-thinking methods to validate student ideas. Founder alumni include Matt Barrie (CEO/founder of Freelancer.com) and cosmetics entrepreneur Napoleon Perdis, though Macquarie lacks the unicorn density of top-tier entrepreneurial schools.

  • Macquarie University Incubator opened September 2017, funded by A$1M NSW government grant plus A$7M university commitment
  • Flagship 'Startup Educate' program positioned as an accelerated mini-MBA for high-growth founders
  • 'START' program: a 2-week lean-startup/design-thinking sprint for students to validate business ideas
  • Incubator offers co-working desks, clinics, expert-in-residence mentoring and is open to students, alumni, staff and the wider community
  • Founder alumni: Matt Barrie (Freelancer.com) and Napoleon Perdis (Napoleon Perdis Cosmetics, ~65 stores at peak)
Research power58

Macquarie is a research-intensive university with genuine flagship strengths: its researchers David Skellern and Neil Weste helped develop Wi-Fi with CSIRO, and the campus hosts the Australian Hearing Hub alongside Cochlear Limited's headquarters. The MQ Photonics Research Centre (directed by Judith Dawes, ~30 academics/postdocs and ~25 research students) is an international leader in laser/photonic sources, and the Astrophysics and Space Technologies centre has held the top national ERA ranking for astronomy since 2012 with A$17M+ external funding since 2010. Macquarie is also a partner in the Sydney Quantum Academy and operates the MQ Centre for Quantum Engineering, but it sits outside the Group of Eight elite and the very top global research tier.

  • Researchers David Skellern and Neil Weste co-developed Wi-Fi technology with CSIRO
  • Australian Hearing Hub on campus partners with Cochlear Limited (whose HQ is on the Macquarie campus)
  • MQ Photonics Research Centre, directed by Judith Dawes, ~30 academics/postdocs and ~25 research students, international leader in lasers/photonics
  • Astrophysics & Space Technologies centre: top national ERA ranking in astronomy since 2012; A$17M+ external funding since 2010
  • Founding member of the Sydney Quantum Academy (with USyd, UTS, UNSW); operates the MQ Centre for Quantum Engineering (MQCQE)
  • 2023 budget A$1.25 billion, ~1,636 academic FTE staff; 85% of broad research fields rated at/above world standard (2012 ERA); QS World #126 in 2026 (up 12 places)
Star faculty teaching63

Macquarie has genuine named professors who actively teach, not just hold chairs. Distinguished Professor Bronwyn Carlson (Head of Indigenous Studies, Director of the Centre for Global Indigenous Futures) teaches the first-year unit ABST1000 'Introducing Indigenous Studies.' The Philosophy department fields Professor Jeanette Kennett (philosophy of action/applied ethics), bioethicist Professor Wendy Rogers and part-time Professor Neil Levy, while Distinguished Professor David Throsby AO is a globally cited cultural economist in the Department of Economics. Caveat: David Christian, the Big History pioneer who co-founded the Big History Project with Bill Gates, retired at the end of 2020 and no longer teaches, so the depth of marquee active teachers is solid but below the MIT/Stanford tier.

  • Distinguished Professor Bronwyn Carlson teaches ABST1000 'Introducing Indigenous Studies' and heads the Department of Indigenous Studies
  • Professor Jeanette Kennett (philosophy of action, applied ethics) and bioethicist Professor Wendy Rogers teach in the Department of Philosophy; Neil Levy is a part-time professor there
  • Distinguished Professor David Throsby AO (Officer of the Order of Australia, 2014) is an internationally cited cultural economist in the Department of Economics
  • Associate Professor Andrew Barron (Cognitive Neuroethology), Director of the Macquarie Minds and Intelligences Initiative, researches the honey bee brain and gave the 2026 Discover lecture 'Why the honey bee is smarter than ChatGPT'
  • David Christian, founder of Big History and co-founder with Bill Gates of the Big History Project, taught at Macquarie but retired at end of 2020
Alumni network & famous alumni58

Macquarie University counts roughly 220,000+ alumni living in more than 140 countries, supported by a formal global alumni-networks program with regional chapters. Standout names include Tanya Plibersek (federal Cabinet minister and former Deputy Labor leader), David Murray AO (former Commonwealth Bank CEO and inaugural Future Fund chair), Catherine Livingstone AO (chair of Commonwealth Bank and Telstra), and tech founder Matt Barrie (Freelancer.com). The network is genuinely diverse across politics, business, media, sport and science, but it lacks the billionaire and head-of-state density of the world's top entrepreneurial universities.

  • ~220,000+ alumni across 140+ countries (one source cites 234,000 across 150+ countries)
  • Tanya Plibersek (BA 1990) — Australian Cabinet minister, former Deputy Leader of the Labor Party
  • David Murray AO — former CEO of Commonwealth Bank and first chairman of Australia's Future Fund
  • Catherine Livingstone AO — chair of Commonwealth Bank and former chair of Telstra and the ASX-listed Business Council of Australia
  • Matt Barrie — founder/CEO of Freelancer.com; Greg Coffey — hedge fund manager
  • Entertainment/sport figures incl. three founding members of The Wiggles, comedian Adam Hills, and journalist Yalda Hakim (BBC)
Prominent figures passing through52

The standout is Julia Gillard AC, Australia's 27th and only female Prime Minister, who received an honorary Doctor of Letters at a Macquarie graduation in October 2025 with Governor-General Sam Mostyn delivering the citation. Macquarie also confers honorary doctorates on figures such as Channel 9 chief newsreader Peter Overton (2023) and runs steady public programming, the monthly Discover Lecture Series and Faculty of Science & Engineering public lectures, plus the multi-award-winning Macquarie University Incubator's fireside chats and speaker series. The visitor flow is real but most recurring speakers are internal academics or one-off honorary-degree recipients rather than a constant stream of global figures a typical student would meet.

  • Former PM Julia Gillard AC received an honorary Doctor of Letters at the October 2025 graduation; Governor-General Sam Mostyn AC delivered the citation
  • Honorary doctorates conferred on Channel 9 chief newsreader Peter Overton and educator Vicki Waters (2023 spring graduation)
  • Monthly Discover Lecture Series public talks (e.g., 2026 speakers Professor Andrew Barron and Professor David Spence) open to ages 10+
  • Macquarie University Incubator runs fireside chats, pitch nights and a speaker series (keynotes incl. Melissa Ryan, Shahe Momdjian); incubator startups paid $5.7M in wages and employed 201 people in 2025
  • Ethics and Agency Research Centre hosts an annual Distinguished Visitor plus public lectures and workshops with national and international scholars
Cross-pollination / ecosystem70

Macquarie's 126-hectare Wallumattagal campus in Macquarie Park sits at the centre of the Macquarie Park Innovation District (MPID), Australia's first innovation district and the postcode with the most IP registrations in the country. The district hosts 63,000+ jobs and ~$13.6B in annual economic activity, with CSIRO, Cochlear, Optus, AstraZeneca, Sanofi, Novartis and Johnson & Johnson as neighbours, plus Macquarie University Hospital on campus. The university is the historical home of Wi-Fi commercialisation — professor David Skellern and Neil Weste founded Radiata here in 1997 to build the first 802.11a chipset off CSIRO's patent. External contamination is very strong, though the campus is comparatively isolated (~15-20 min drive) from Sydney's other university hubs rather than embedded in a dense multi-campus cluster.

  • Macquarie Park Innovation District: 63,000+ jobs, ~$13.6B economic activity and ~$700M annual R&D across 1.2M sq m of commercial space
  • On- and near-campus anchors: CSIRO, Cochlear, Optus, AstraZeneca, Sanofi, Novartis, Schneider Electric, Honeywell and Johnson & Johnson
  • Hosts 26 of the Forbes Global 2000 (2024) companies; Australia's #1 postcode for IP registrations
  • Wi-Fi heritage: MQ professors David Skellern and Neil Weste co-founded Radiata in 1997, commercialising CSIRO's US Patent 5,487,069
  • Macquarie University Hospital on campus plus proximity to four major Sydney hospitals
  • ~11 miles (~19 min) from UTS and ~17.7 km (~20 min) from the University of Sydney
Grants & funding provided48

Macquarie funds a modest, mostly merit-based scholarship portfolio rather than large need-based aid. Its flagship Vice-Chancellor's International Scholarship (VCIS) is worth up to AUD $10,000 as a tuition offset (non-renewable, ATAR 85 / WAM 65 thresholds), while research students are supported by the university-funded Macquarie University Research Excellence Scholarship (iMQRES/MQRES) at roughly AUD $38,000 per annum stipend plus a 3-year tuition waiver, alongside Australian-Government RTP stipends administered by the university (~AUD $38,500 p.a.). The Master of Research pathway carries a tuition offset plus stipend near AUD $39,700 for the year. Solid for HDR/PhD students but limited deep institutional aid for coursework students, so it sits well below MIT/Stanford-scale endowed support.

  • Vice-Chancellor's International Scholarship (VCIS): up to AUD $10,000 tuition offset, merit-based, requires ATAR equivalent 85 (UG) or WAM 65 (PG), non-renewable
  • Macquarie University Research Excellence Scholarship (iMQRES/MQRES): ~AUD $38,000 p.a. stipend plus tuition fee waiver for 3 years
  • Research Training Program (RTP) stipend (govt-funded, university-administered): ~AUD $38,500 per annum full-time rate
  • Master of Research scholarship: tuition fee offset plus stipend ~AUD $39,700 per annum for one year
  • VCIS explicitly excludes living allowance, OSHC, visa and accommodation costs — tuition-only support
  • Aid is primarily academic-merit based (academic excellence), not need-based financial assistance
Affordability (tuition + cost of living)33

For the international cohort most relevant here, Macquarie is expensive: undergraduate international tuition runs roughly AUD $33,200-$63,000 per year (per-credit-point, discipline-dependent), set against high Sydney living costs of about AUD $20,400-$38,400 per year. The North Ryde / Macquarie Park area sees student rents of roughly AUD $360-$700 per week, with food budgeted around AUD $100-$250 per week. Domestic students are far better off via Commonwealth Supported Places and HECS-HELP (band 2 capped near AUD $4,738 per EFTSL in 2026), but the high international tuition plus a costly Sydney location keeps overall affordability low-to-moderate, well below free/low-fee EU publics.

  • International undergraduate tuition ~AUD $33,200-$63,000 per year, calculated per credit point and discipline-dependent
  • Sydney student living costs ~AUD $1,700-$3,200/month (~AUD $20,400-$38,400/year)
  • North Ryde / Macquarie Park student rent ~AUD $360-$700 per week; food ~AUD $100-$250 per week
  • Domestic CSP band 2 student contribution capped near AUD $4,738 per EFTSL in 2026 (HECS-HELP deferrable)
  • 2026 Student Services and Amenities Fee (SSAF): AUD $186.50 per half year (AUD $373/year) full-time
  • On-campus Student Village North Ryde located on the Macquarie campus (122 Culloden Road, Marsfield)
Study-life balance72

Macquarie's 126-hectare Wallumattagal campus in north-west Sydney is unusually self-contained: it has its own Macquarie University Metro station on campus and is the only Australian university with a private not-for-profit teaching hospital (the 183-bed Macquarie University Hospital) on its grounds. Student life is well-resourced, with 130+ clubs and societies, 90+ student and sport groups, and a Sport & Aquatic Centre featuring a 50m outdoor and 25m indoor pool; QILT named it Sydney's #1 for learning resources in 2021 and 2022. Sydney scores high for livability and transport but is one of the world's pricier student cities, which tempers the balance.

  • 130+ clubs and societies plus 90+ student and sport groups across the campus
  • Sport & Aquatic Centre with a heated 50m outdoor pool, 25m indoor pool, and clubs in AFL, cricket, fencing, futsal, netball and more
  • On-campus Macquarie University Metro station serving the 126-hectare Wallumattagal campus
  • Macquarie University Hospital (183 beds) - Australia's first and only private not-for-profit teaching hospital on a university campus
  • Ranked Sydney's #1 university for learning resources in the QILT Student Experience Survey 2021 and 2022
  • Full wellbeing suite: counselling, accessibility, welfare, advocacy, medical and religious support services
Work-study balance & outcomes80

Work-integrated learning is a defining feature of Macquarie: its flagship PACE (Professional and Community Engagement) program embeds an internship, placement or industry project into all undergraduate degrees and most postgraduate degrees, drawing on a network of 2,500+ partner organisations. PACE won the 2017 Australian Financial Review Award for Employability and a 2017 Australian Award for University Teaching, and Macquarie placed around 98th in the QS Graduate Employability Rankings 2022 (top 100 worldwide). The campus sits inside Macquarie Park, one of the largest business and technology precincts in the Southern Hemisphere, putting major employers next door; graduate outcomes show roughly 74-79% full-time employment within four months and median undergraduate salaries near AUD 60,000.

  • PACE work-integrated learning is embedded in all undergraduate degrees and most postgraduate degrees, unique in scope among Australian universities
  • 2,500+ industry and community partner organisations host PACE placements and projects
  • PACE won the 2017 AFR Award for Employability and a 2017 Australian Award for University Teaching
  • Ranked ~98th in the QS Graduate Employability Rankings 2022 (top 100 globally)
  • Graduate Outcomes Survey: roughly 74-79% full-time employment within four months of graduation
  • Located in Macquarie Park, one of the largest tech and business precincts in the Southern Hemisphere, with median undergraduate salary near AUD 60,000

QS scores

Academic reputation47.7
Employer reputation56.7
Employment outcomes62.2
Overall (QS)63.3

Focus areas

financeib_pe

Key programs

undergraduatemastersphd/researchinvestment banking recruitingprivate equity prep

Internship paths

undergraduatemastersphd/researchinvestment banking recruitingprivate equity prep

Startup ecosystem

financeib_pe

Source

Ranking data: QS World University Rankings 2026.

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