Professor Rasmussen is Director of Victoria Institute for Strategic Economic Studies, having joined in 1998.
His work has focussed on innovation, business models, business strategy and industry development issues. He has been responsible for the drafting of a series of industry briefing papers for the University relating to course clusters.
Professor Rasmussen has had a career spanning the senior levels of both the public and private sectors. In Government he has held a number of senior positions, most significantly as Assistant Director General, Finance in the Department of Management and Budget of the State of Victoria.
He spent seven years at the ANZ Bank, where he held various senior business strategy roles, most notably as Chief Manager, Retail Strategy in the Retail Bank and Chief Manager, Development of the Private Bank.
In 2008 Professor Rasmussen completed a health study on The Creation and Capture of Value in Biopharmaceuticals which is being published as a book by Edward Elgar (2010).
He holds a Master of Public Administration (MPA) from the Kennedy School of Government at Harvard University, where he graduated as a Littauer Fellow - awarded on the basis of academic excellence, career and leadership.