There are numerous reasons to relocate to Australia for your MBA, including sunlight, beach picnics, and surfing before school.
Australia’s 13th-largest economy provides several options for ambitious graduates, making it one of the most easily accessible countries for work visas.
Australia also has attractive startup hubs. According to Startup Genome, Sydney is one of the top 30 startup hotspots globally, while Melbourne is placed 36th.
But which are the best business schools in Australia? Here are eight approved business schools that appear on global MBA rankings tables:
1. University of Sydney Business School
The University of Sydney Business School is unique in Australia for having triple-accreditation from EQUIS, AACSB, and AMBA, as well as membership in CEMS, a global alliance of business schools. However, it does not rank among top MBA programs.
Each of the school’s MBA cohorts comprises only 43 students, allowing you to spend quality time with professors and network directly with everyone in the program. The University of Sydney Business School is one of Australia’s top business institutions, offering specialized Masters programs in human resource management and supply chain management.
2. Macquarie Business School
Macquarie Business School, ranked second best in Australia by The Economist, is located in the high-tech Sydney district of North Ryde, which is home to corporations such as AstraZeneca, Hyundai, and Microsoft.
Macquarie’s MBA program graduates earn an average salary of $103,575 after graduation, representing a high return on investment.
3. AGSM at UNSW Business School
The Australian Graduate School of Management is a prestigious Australian business school located at the University of New South Wales in Sydney.
AGSM is ranked top in Australia in the Financial Times’ Global MBA rankings, and graduates earn an astonishing 66% more. The curriculum can be completed in 16 or 24 months, giving students the option of extending their studies with an internship or research project.
With its location in Sydney’s financial district, the MBA program places a heavy emphasis on finance, with electives including international finance, venture capital finance, and financial statement analysis.
4. La Trobe Business School
La Trobe University, which is AACSB-accredited, is located in Melbourne, but MBA students can complete their degree at any of the university’s six campuses around Victoria, or they can cycle between campuses during the program.
The MBA focuses on responsible leadership, with modules such as responsible leadership and sustainable growth for company.
5. Monash Business School
QS ranked Monash as the third best MBA in Australia, and it attracts students from 14 countries and 17 industries, so networking possibilities abound.
Each module of the curriculum includes a hands-on consulting assignment that allows students to gain experience working with an Australian company. Students have the opportunity to study abroad at CEIBS in China and Sungkyunkwan University in South Korea.
6. University of Technology Sydney (UTS) Business School
The University of Technology’s campus is located in the heart of Sydney’s central business district, so you’ll be near some of the city’s largest corporations, such as Westpac and Axa.
The two-year MBA program allows you to specialize in marketing, technology management, and financial analysis, while the Executive MBA in Entrepreneurship is suitable for students starting their own business.
7. Melbourne Business School
Melbourne Business School (MBS), located in the heart of the city, is considered the finest MBA program in Australia by the Economist and QS, as well as second in Australia in the Financial Times MBA rankings.
The school’s two-year MBA program includes an immersive business experience in which groups of students collaborate with real-world firms in Australia to solve a business problem, as well as an innovation bootcamp in which students are challenged to develop and pitch a company idea.
95% of MBA students accept employment offers within three months of graduating from MBS, resulting in a 64% income rise.
8. Griffith University
Griffith University’s MBA program is approved by the AACSB and is headquartered in South East Queensland. You can study online, on campus, or both. Another advantage is the school’s relationship to universities in the larger Asia-Pacific area, which allows students to go on study trips to broaden their network.
Griffith emphasizes sustainable business practices, responsible leadership, and an Asian-Pacific viewpoint.