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International students are major
purchasers of Australian education services and consequently are a
significant source of revenue. As the significant and growing
revenue from international students is not guaranteed, business and
financial risks for universities have increased. Universities are
also required to comply with the Education Services for
Overseas Students Act 2000 and the National Code 2007.
This audit assessed whether three
universities—the University of Melbourne, Monash University
and the University of Ballarat—which account for
approximately 50 per cent of international students enrolled in
Victorian universities, were achieving their strategic and
operational goals for international students, the associated
business and financial risks were being managed efficiently and
effectively and services provided were in accordance with relevant
legislation.
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