The University of Melbourne (commonly referred to as Melbourne University and UniMelb) is an Australian public university located in Melbourne, Victoria. Founded in 1853, it is Australia's second oldest university and the oldest in Victoria. Commonly considered to be Australia's most prestigious university, Melbourne is ranked as Australia's best university by Times Higher Education, Academic Ranking of World University. Times Higher Education ranks Melbourne as 34th in the world, while the QS World University Rankings places Melbourne 31st in the world.
Melbourne University was established by Hugh Childers, the Auditor-General and Finance Minister, in his first Budget Speech on 4 November 1852, who set aside a sum of £10,000 for the establishment of a university. The university was established by Act of Incorporation on 22 January 1853, with power to confer degrees in arts, medicine, laws and music.
Melbourne's main campus is located in Parkville, an inner suburb north of the Melbourne central business district, with several other campuses located across Victoria. Melbourne is a sandstone university and a member of the Group of Eight, Universities 21 and the Association of Pacific Rim Universities. It claims it has the largest endowment and the largest research expenditure of any Australian university. Since 1872 various residential colleges have become affiliated with the university. There are 12 colleges located on the main campus and in nearby suburbs offering academic, sporting and cultural programs alongside accommodation for Melbourne students and faculty.
The university has 11 academic units, some of which incorporate a graduate school. The overall attrition and retention rates at the university are the lowest and highest respectively in Australia. The university has one of the highest admission requirements in the country, with the median ENTER of its undergraduates being 94.05 (2009).Furthermore, The university continued to attract outstanding students, for example, 50% of the Premier's VCE Top All-Round High Achievers enrolled at the University of Melbourne.
According to the Times Higher Education–QS World University Rankings (2009), Melbourne is the only Australian university to rank in the top 30 in all ﬁve core subject areas with three subject areas ranked in the top 20.
- Accounting and Finance
- Biological Science
- Economics and Finance
- Information Technology
- Medical and Psychological Sciences
- Physical and Chemical Sciences
- Public Health
- Visual Arts and many more.
University of Melbourne has students above 38,281 and the staff of above 3,586. UniMelb has participated in various sports in its history and has 39 affiliated clubs. Sport is overseen by Melbourne University Sport.
The Melbourne University Cycling Club (MUCyc) is associated with Cycling Australia and competes regularly at local and national races.
UniMelb ranks 31st in the world ranking and 1st in Australia also it is a G8 university.