Dean Professor Alex Frino said the rankings reflected significant improvements made to the MGSM offering over the past two years.
“We have been focused heavily on our flagship Women in MBAs program, which has seen a significant increase in women participating in our degrees as well as $2.4 million in new scholarships,” he said.
“We have also increased our staff to student ratios, implemented a strong alumni program and relaunched our career advisory service linking graduates with a wide range of professional opportunities.”
MGSM has seen more than 200% growth in international student applications over the past year, a result Professor Frino links to the improved ranking.
“Rankings are extremely important to international applicants, and we have seen a steady increase as we have incrementally improved our program and subsequently climbed the important rating scales,” he said.
“Our top 100 Financial Times result early this year was the first significant demonstration of our improvement in quality and now to be top 30 in The Economist makes us very proud indeed.”
The University of Queensland’s Business School has once again taken out the number one spot within the Asia Pacific, retaining their position at number 16. The University of Melbourne Business School also featured on the list ranked 43rd and 4th within the Asia Pacific.
UQ Business School Dean Professor Andrew Griffiths said it had been another outstanding year for the school’s MBA program.
“The latest accolade cements our position on an international scale, as we continue to occupy a seat in the global top 20 alongside premier business schools such as Harvard, Wharton, INSEAD, and Booth,” Professor Griffiths said.
The Economist MBA ranking takes into consideration such measures as students’ and alumni perceptions of their experiences through their MBA, and post-graduation outcomes.
View The Economist’s full list of 2015 rankings here.