While the ranked 27th globally, in Asia Pacific, the Executive MBA was ranked in the top 5.

Executive MBAs, designed for managers with significant experience are a popular choice for those leaders wishing to complete their MBA without having to put their career or company on hold.

The EMBA from Melbourne Business School offers their students 17 modules over 18 months, including a week overseas

Find out more about the MBS EMBA.

The sixth dean of the Business School, Prof Harper brings a wealth of experience in the business and finance sector. Graduating from ANU with a PhD, Prof Harper has worked in a number of high profile roles, including as the Chairman of the Australian Fair Pay Commission,  Chairman of the Competition Policy Review and a board member of the Reserve Bank of Australia.

“Our greatest opportunity is the fact that Melbourne Business School is part of the number one-ranked university in Australia, and both of us are located right here in the centre of the fastest-growing capital city.”

Professor Harper has been a professor at the University of Melbourne and Melbourne Business School for almost 20 years.

Melbourne Business School offers four MBA programs, including the Senior Executive MBA.

Image: Melbourne Business School home page.

Melbourne Business School ranked at 66th and UNSW’s Australian Graduate School of Management ranked slightly higher at 63rd.

MGSM were not eligible for a ranking due to the requirement of at least 20 percent of eligible alumni must reply to a survey, of that, slightly under 60 percent to of the the total score is collated from alumni responses.

Further reading: https://www.ft.com/content/33b22448-f7d1-11e7-a4c9-bbdefa4f210b
Financial Times ranking methodology: https://www.ft.com/content/1bf3c442-0064-11e8-9650-9c0ad2d7c5b5

What Does AACSB Stand For?

Europe has EQUIS. Australia has TEQSA. In the United States, there is AACSB. The Association to Advance Collegiate Schools of Business is a US Association aiming to connect prospective students to Business Schools. They are the standard for top-tier education and have a presence in 90+ countries.

96% of the chief executives on the 2016 Financial Times “From MBA to CEO” attended an AACSB-accredited school – AACSB.edu

Many Business Schools apply for multiple accreditations in order to appeal to students across the globe.

Which Australian Business Schools Are AACSB Accredited?

The AACSB website has a great feature listing all of the business schools globally that adhere to their high standards.

In Australia, there are 14 Business Schools that offer MBA programs that are AACSB Accredited.

NSW AACSB Accredited Business Schools

• The University of Newcastle, Newcastle Business School
• The University of Sydney, The University of Sydney Business School
• University of Technology Sydney, UTS Business School
• Australian Graduate School of Management (AGSM)
• Macquarie Graduate School of Management (MGSM)

Queensland AACSB Accredited Business Schools

• Bond University, Faculty of Business
• Griffith University
• Queensland University of Technology, Business School
• The University of Queensland, UQ Business School

Victoria AACSB Accredited Business Schools

• Deakin University, Faculty of Business and Law
• University of Melbourne, Melbourne Business School

South Australia AACSB Accredited Business Schools

• The University of Adelaide, Business School

Western Australia AACSB Accredited Business Schools

• Curtin University, Curtin Business School
• University of Western Australia, UWA Business School

Competing against countries such as China, Singapore, and India, Australia had 3 Business Schools mentioned in the top 20. Two of these included their MBA program.

FT 2017 Top Business School Rankings

Ranked 11 – Melbourne Business School

Continuing their impressive stretch of mentions in global rankings, Melbourne Business School was ranked 11th overall in APAC. Specifically for the MBA, they were ranked 14th, while Open Executive Education was ranked 5th. Explore MBAs from Melbourne Business School here.

Ranked 20 – Australian Graduate School of Management – UNSW

AGSM ranked 20th overall as a Business School, with their MBA program ranked 12th. Open Executive Education was ranked 4th overall. Explore MBAs from AGSM here.

Ranked 12 – University of Sydney Business School

While the University of Sydney Business School was ranked 12th overall, their MBA program was not featured on this list. Instead, they were ranked second best for their Masters in Management. Explore MBAs from the University of Sydney Business School here.

See more at Financial Times.

This ranking was determined based on 172,000 responses to their QS Global Academic Survey and 158,000 responses to their Employer Survey. 13 criteria are reviewed across 5 key areas:

• Employability (40%) – Asks employers from which schools they prefer to hire. The score also includes employment rate, 3 months post graduation.
• Return on Investment (20%) – While QS admits this is one of the hardest metrics to measure, they look into the 10-year change in graduate salaries against the average salary changes.
• Entrepreneurship and Alumni Outcomes (15%) – Reviewed schools of 49,000 CEOs, executives and board members at companies including the Forbes 2000, FT Global 500 etc.
• Thought Leadership (15%) – Includes citations per paper, the percentage of faculty with doctoral degree etc.
• Class & Faculty Diversity (10%) – ratio of female/male students and faculty, international faculty and international mix of students.

Globally Ranked Australian MBAs

• Melbourne Business School – 34
• AGSM – 39
• MGSM – 101-110 (tied)
• UQ Business School – 111-120 (tied)
• University of Western Australia – 121-130 (tied)
• Bond University – 151-200 (tied)
• Deakin – 151-200 (tied)
• RMIT University School of Business – 151-200 (tied)
• University of Wollongong, Sydney Business School – 151-200 (tied)
• La Trobe Business School – 201+
• Victoria University Graduate School of Business – 201+

Why Only 11 Business Schools Are Featured

It is important to note that there are a large number of private institutions that do not meet criteria to be present in QS Top MBA ranking.

Congratulations to all Australian top ranked MBA programs.

Source: QS Top MBA 2018 Rankings