In 2017, Macquarie Graduate School of Management ranked 49th in the Financial Times Global MBA ranking. In 2018, it holds no position in top 100 list.
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