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Bachelor of Business (Accounting) 1994
Chartered Accountant Scott McClure is using his business skills 'to help put the bite back' into school canteen nutrition - and profit margins.
'My company MunchMonitor takes school canteens online aiming to make life easier for parents, to improve student nutrition, and increase canteen efficiency and profits. This is achieved by enabling a cashless canteen with online ordering by parents at www.munchmonitor.com.'
'I first conceived the idea of MunchMonitor in 2003 and have taken it from the idea stage in late 2006, to incubation in 2007 and start-up in 2008. Now MunchMonitor is fast moving beyond the canteen and becoming an e-commerce portal for school payments from parents and students. It's an exciting time for the business and a great opportunity to help make people's lives easier,' he said.
Previous to MunchMonitor, Scott worked as a consultant for accounting giant PriceWaterhouseCoopers and with various ASX-listed companies where his main area of practice was mergers and acquisitions.
Scott says dealing in multi-million dollar merger deals provided many great career highlights, but starting his own company has been the best one of all.
'Without a doubt starting my own business has been the greatest career highlight to date. My role as Managing Director includes having a hands on role with all aspects of the business including; researching markets, cultivating investors, building a great team and developing software, strategy and finance. MunchMonitor just has so much potential which is underpinned by a wonderful team that is taking it places.'
Scott graduated from Deakin's Melbourne Campus at Burwood with a Bachelor of Business in 1994 and says that one of the great strengths of Deakin is the practical nature of its courses.
'I was studying at Melbourne University, but was disillusioned with the lack of hands-on experience. During a year off my father said, "If you want to play monopoly you've got to know the rules" - this made a lot of sense. So I researched various institutions and found that Deakin had a great reputation for producing graduates who could hit the ground running.'
'During my time there, I found that the practical experience of the professors and tutors was a real bonus for my learning as they didn't just know the theory, they knew how and when to apply it - and when not to apply it!'
'Deakin provided a great hands-on course which then produced graduates who could hit the ground running.'
Scott says that his business degree provided a solid launching pad for a successful career in business.
'My undergraduate degree was the cornerstone of my career. It was a prerequisite for my ICAA membership and provided a solid grounding for my MBA. My qualification provided me with great opportunities to work in professional services, corporate strategy and finance, various directorships, and the wherewithal to start my own business,' he explains.As for the future, Scott says that he plans to continue to grow www.munchmonitor.com and to improve the operations of school canteens around Australia.