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I'll pay that.§eraphim said:The name change was required for a couple of reasons.
The AGSM is a very large cluster of "schools" and following the merger we can expect that it will generally enhance research output for the faculty as a whole. So it is an integral part of research in the Faculty.
Secondly, I think the vision of the merger is to transform the faculty into something like UPenn's Wharton school which offers the full gamut of business and management degrees. As the MBA program is a one of the main selling points of the Uni, I believe that the name change is justified to backup the notion of a well-rounded business education, and that they offer more than just BCom's and BEc's.
The name change has nothing to do with undergraduate economics degree students, falling UAI cutoffs or being on par with USyd in terms of the name. The Faculty is characterised by more than just the straight 3-yr BCom/BEc students who pass through.
Also, they're not getting rid of any of the degrees. Quite the opposite, they're actually adding more specialised Commerce degrees.