There is an ongoing problem in determining which is the top MBA in Australia or the best Australian MBA and how the criteria for assessment relates to a prospective student’s particular requirements in pursuing the postgraduate business studies. A total of 17 business schools of Australia featured in QS’s latest guide for world’s best institutions; the QS Global 250 Business Schools Report 2017.
The report assesses top business schools for their full-time MBA programs’ global reputations in two parameters – Employability and Research Excellence. Report results are based on surveys of 12,125 MBA employers and 8,376 academics in the fields of business and management.
An MBA program’s reputation for research excellence is synonymous to its academic strength and therefore underpins its capacity for quality teaching and thought leadership. For this reason, it’s certainly worth the consideration of any prospective MBA student conducting their due diligence when researching schools and programs of interest, alongside their investigation into a program’s reputation for employability.
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QS Top MBA programs are based on an assessment of the business schools determined by a survey of academics and actively hiring MBA recruiters. The Asia Pacific Rank (A/P Rank) shows that Australian business schools still have some improvement to do to be regarded as better than the top business schools in Singapore and Hong Kong. Here’s how the 10 top business schools for an MBA in Australia place in each area of the report’s assessment:
Top MBA in Australia for Research Excellence
Source: Results used towards the QS Global 250 Business Schools Report 2017
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Top MBA in Australia for Employability
Source: Results used towards the QS Global 250 Business Schools Report 2017
As can be seen in the list above, Melbourne Business School (MBS) and Sydney’s Australian Graduate School of Management (AGSM) hold the top two places in each indicator. The full-time MBA programs at the Australian National University, Monash Business School and RMIT University place higher for research excellence than for employability this time around. While two of these – UTS Business School and UQ Business School – place higher for employability than for research excellence, on this analysis.
There are also three options for an MBA in Australia which feature in a single top 10 table. Macquarie Graduate School of Management (MGSM), Sydney Business School and Curtin University all rank among Australia’s 10 top business schools for employability, but don’t quite make Australia’s top 10 for research excellence this year. Conversely, UWA Business School, Adelaide Business School and QUT Graduate School of Business all feature solely in Australia’s research excellence top 10.
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Australia is the most popular MBA study destination in Asia-Pacific, ahead of Singapore, India and China, and the fourth most popular in the world. Australian schools teach in English, their official language. To be eligible for acceptance into an Australian university, foreign students must have a score of at least 5.0 on the IELTS (International English Language Testing System). Beyond this required level of language proficiency, foreign students seeking to acquire a Masters degree must also provide their transcript from their Bachelor’s degree institution.
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