Global MBA Australian Rankings 2018Jul 16,18
In the age of global businesses, more and more students are opting for the Global MBA degree programs. These programs essentially MBA programs that cater to the need of global businesses. Typically, such an MBA course has a curriculum with an international orientation and boasts of a diverse student body.
Australian MBA rankings are in demand because they help the students to decide which business schools in Australia have the facilities that can help them reach their study goals. You see, Australia is one of the favoured destinations to study MBA because its universities offer world-class educational infrastructure and a high-class living standard at relatively cheaper costs.
MBA in Australia is in demand because the country is known for its diverse culture and cosmopolitan environment, and Australian degrees get easily accepted worldwide. Many study-abroad students from the top B-schools in Australia who seek MBA assignment help from our experts often share, “My business school offers internationally recognised MBA programs. It has a rich learning environment which means you have to study and work hard to pick up what you are here to learn.” They come to us with the hope that we can offer them online assistance and academic support services until they can acclimatize to the new ways of learning in an Australian school.
Read more: 50 MBA Assignment Topics for Students
Which Business Schools in Australia Are The Best?
The two most popular international university rankings are published by Financial Times and Quacquarelli Symonds (QS).
Top 100 of the Global MBA Rankings 2018 published by Financial Times are dominated by the US Business Schools. Amongst the 50 US schools in the Top 100, 7 have made it to the Top 10 category, including Stanford Graduate School of Business which topped the rankings, Wharton School of Business at the University of Pennsylvania (ranked at #3), Harvard Business School, Booth School at the University of Chicago, Columbia Business School, Sloan School of Management at MIT, and HAAS at the University of California at Berkeley.
Two Australian universities That Made It The Top 100 Institutions
- AGSM at UNSW Business School (at #63), and
- Melbourne Business School (at #66).
QS Global MBA Rankings 2018 gave better rankings to both the Australian schools – ranking Melbourne at #34 and AGSM at #39 at the global level. The region-wise Global MBA rankings by the QS for Asia, Australia, and New Zealand included Melbourne at #3 and AGSM at #5. Other Australian universities and business schools that made it to the Top 30 region-wise Global MBA rankings this year are:
- MGSM Macquarie at #14,
- UQ Business School at #15,
- The University of Western Australia at #16.
- Bond University at #21-26,
- Deakin University at #21-26,
- RMIT University School of Business at #21-26,
- Wollongong University at #21-26,
- La Trobe Business School at #27, and
- Victoria Graduate School of Business #27.
There are scores of other well-known Australian ranking publishers who rate and review B-schools in Australia (and worldwide) according to their own parameters. These include the Boss or Australian Financial Review (AFR) Australian MBA rankings, the Graduate Management Association of Australia (GMAA) 5 Star MBA rankings and the Forbes Rankings of MBA Programs outside America. You can check out the various ways in which a certain ranking evaluates B-school and choose one that resonates with your standards best.
How Does MBA Ranking Help You Judge A College?
B-school rankings help students compare MBA programs being offered worldwide, in a country, or a region quickly on certain pre-determined standards. In the Financial Times Global MBA rankings, for example, it is necessary for the participating B-school to offer full-time MBA courses that are accredited by the Association to Advance Collegiate Schools of Business (AACSB) or Equis.
The FT also surveys the business school alumni that completed their MBAs three years ago and require at least 20% of them to reply to the survey. Out of the 20 different criteria FT uses, eight of them depend on alumni responses. These include average income of the alumni three years after their graduation, the salary increase they saw after completing their MBA degree (compared to the salary they had been earning earlier), and value for money (which is calculated by dividing their average monthly salary by the money they invested in doing the MBA).
Individually, it would be very difficult for a student to get access to such data and decide whether they should do an MBA or not, and where they should do their MBA from. Many students depend on online information to know more about the current faculty and students of a business school and know the diversity of the faculty and students there.
Did you know that many management assignment help experts available online have the first-hand experience of attending the top colleges worldwide and can give you insiders’ information about them? You can ask them about gender parity in the school, PhD graduates a school has produced in the last few years, how active it is in different kinds of research activities and other things that business schools or even official rankings do not share publicly.
While Australian MBA rankings offer you a quick glimpse of which b-schools are the best, nothing can replace personalised searches for a business school that is a good fit for you.