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Accountability framework: the University's stakeholders

The University of Melbourne is accountable to all its stakeholders for the values it upholds, the mission it pursues and the goals and priorities it sets. It must also account for the quality of its policies, programs and academic performance, as well as for the financial well-being of the institution as a whole, and for maintaining the highest levels of probity in the conduct of its affairs.

The University accepts an overriding stewardship to future generations of students, scholars and other interested parties for the integrity of the institution as a place where the intellectual and cultural inheritance of humankind is valued, enriched, preserved and transmitted. As part of this stewardship, the University seeks to cherish and promote the general powers of the mind, and to uphold, question, criticise and advance the values of a just, liberal, diverse society.

This fundamental accountability transcends short-term exigencies of public opinion or public policy, requiring the University to be uncompromising in its adherence to he scholarly values of academic freedom, rational inquiry and unqualified respect for the truth. The University therefore prizes the institutional autonomy necessary to develop its own curricula, to determine its own standards for admission, progression and graduation, and to defend the freedom of scholars and students to advocate unpopular ideas and advance unconventional critiques of established beliefs, values, assumptions or paradigms. The University of Melbourne holds these profound responsibilities and accountabilities to define the very essence of a university.

The University also accepts more immediate responsibilities arising from its status as a major educational institution employing more than 6,000 staff, serving more than 40,000 students and, with an operating budget in excess of $1 billion, drawing on very considerable levels of public funding. These responsibilities involve regular and direct accountability to a range of interested parties, as set out below:

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