AGSM, MBS slide in FT global MBA rankings

131010 agsm general 600x250The Australian Graduate School of Management (AGSM) and Melbourne Business School (MBS) are once again Australia’s only full time MBA programs to secure a place in the prestigious Financial Times (FT) Top 100 rankings.

AGSM fell from 48th in 2013 to 62nd in 2014 while MBS fell from 62nd in 2013 to 68th in 2014.

It is the 15th consecutive year AGSM has ranked in the top 100 MBA programs worldwide.

The FT ranking is based on two surveys of the business schools and their alumni who graduated in 2010. MBA programmes are assessed according to the career progression of their alumni, the school’s idea generation and the diversity of students and faculty.

AGSM Director and Deputy Dean of the Australian School of Business Professor Chris Styles  said students, alumni and staff of the AGSM could take great pride in keeping company with other renowned, global business schools.

“We are very proud of the fact that we have been consistently included in the top 100 business schools in the world.  In particular we are pleased that we are able to help our graduates create global careers as shown by being ranked 7th globally on “International Mobility”,” he said.

“We are also very pleased that we continue to score highly in “aims achieved”, with a global rank of 11, which means we are meeting the needs of our students and helping prepare them for the range of opportunities they wish to pursue.”

“However, while we are once again the leading global program in Australia this is a timely reminder of the competitiveness of the global MBA market and the need to constantly look for areas of improvement.”

Harvard Business School (US) retained its top ranking, Stanford Graduate School of Business (US) was second while London Business School (UK) jumped ahead of Wharton (US). Columbia (US) and Insead (France) tied for fifth.

Avatar
Ben Ready founded MBA News in 2014 and is the Managing Editor. He is a former business and finance journalist with Australian Associated Press (AAP) and Dow Jones Newswires in London. Ben completed his MBA in 2012 and was awarded the QUT GMAA Entrepreneurship Prize. He is also the founder and Managing Director of RGC Media & Mktng (rgcmm.com.au).