Role and Purpose

RMIT Training Pty Ltd is a private company under the Corporations Act 2001 and a wholly owned subsidiary of RMIT University. Its purpose is to add value to the work of the university by undertaking roles that benefit from the separate legal/financial structure of a company.

The company has three roles:

  • Operate sustainable, profitable businesses in support of the core educational work of the university
  • Spearhead business development for RMIT by supporting or leading commercial proposals and by sourcing opportunities for RMIT Portfolios
  • Supply specified services to the university costed as donations to the RMIT Group.

The value that the company returns to the university is measured in several ways:

  • Donation of services, funded from the profits of business operations (in 2005 $900k) and delivered within the low cost structure of the company
  • Direct support to RMIT student recruitment (English language training for international students) and commercial operations (business development, in the domestic market and overseas)
  • Widespread brand profiling, in particular in Asia and the Middle East and within the Australian knowledge industry
  • In-house publishing service in support of RMIT research