Melbourne Business School (MBS) and the Australian Graduate School of Management (AGSM) have maintained their Top 100 places in the latest Global MBA Ranking for 2022 compiled by FT (Financial Times).
AGSM @ UNSW came in at 98 on the FT list, which is one of the most highly regarded of all rankings, while MBS placed 97th.
The FT rankings are based on data provided by participating schools and alumni, with significant weightings given to salary and salary increase three years after completion, as well as factors including academic research output, and student and faculty diversity measured by gender mix and citizenship.
AGSM @ UNSW MBA graduates reported a salary of $US107,185 three years after graduating, up 55% on their pre-MBA salary.
MBA graduates reported a salary of $US101,220, up 58% on their pre-MBA salary.
Wharton and Columbia came first and second, respectively. Insead, in France and Singapore, came third.
According to FT, among the 81 schools ranked in each of the past three years, the total MBA intake rose to 14,566 in 2021, up from 14,168 in 2019 and signalling a recovery after a dip to 13,534 in 2020. Average alumni salaries rose over the period (2019-21) from $130,875 to $141,949, without adjusting for inflation and exchange rates.
In a sign of a growing focus on sustainability, about a third of the 100 ranked schools reported that they had completed a carbon emissions audit on their campus and a quarter included the most comprehensive Scope 3 emissions, covering indirect contributors such as travel.