From Australia to Mongolia

In 2020 Munkhzaya Batbaatar graduated from a Monash Master of Banking and Finance with an Australia Awards Scholarship administered by the Department of Foreign Affairs and Trade.

Aimed at contributing to the development needs of Australia's partner countries, in line with bilateral and regional agreements, the scholarship provides opportunities for people from developing countries in the Indo-Pacific and in Munkhzaya’s case, Mongolia, to undertake study to drive change and contribute to development in their country.

As part of her degree, she interned and volunteered to gain international work experience, helping companies develop risk management processes and build risk governance frameworks.

Based on these achievements, Ms Batbaatar received a Monash Business School 2020 Future Global Leaders Award.

Ms Batbaatar is an Associate Professor at Mongolia’s University of Finance and Economics’ Department of Financial Management and she now plans to integrate sustainable development and risk management issues into the curriculum of her home university.

“Within risk management, the crucial factors are a clear and flexible risk policy, leadership, and a strong risk management culture. Educated and ethical human resources are always key to a successful organisation.”