Australian MBA Rankings

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A range of independent organisations have developed rankings tables for MBA courses. Some take a global perspective while other take  more local or regional perspective. Below are the major rankings for Australian MBAs.


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GMAA Five Star Rankings

Seven business schools and nine different courses have secured a 5 star rating in the 2016assessment by the Graduate Management Association of Australia.

The GMAA Star Rating is a rigorous and independent assessment of Australian MBA programs. The GMAA assesses and gives each program a star rating from 5-1 to reflect the program’s standard.

In 2016 Deakin University (MBA and MBA International) and QUT (MBA and EMBA) received two 5 star ratings while Griffith University, La Trobe, University of Adelaide, University of Queensland and University of South Australia were also awarded 5 stars.

Four star MBAs include CQ University, Flinders University, RMIT University (Executive MBA), Southern Cross University and University of Technology Sydney.


AFR Boss MBA Rankings

The Financial Review Boss MBA Ranking has been published biennially since 2007. the next ranking is due in 2017. All Australian business schools are invited to participate and are provided an overview of the methodology and invited to give feedback.

Schools that participate can earn a maximum of 100 points: 55 points based on the responses of recent alumni who have graduated in the past three years, and 35 points based on data provided by the schools. Ten points are allocated to research output by business school faculty based on Excellence in Research Australia reports submitted by universities for books, book chapters, peer-reviewed journals and conference papers.

BOSS Survey – 2015 MBA Rankings

Rank Business School
1 University of Queensland (UQ) Business School
2 Melbourne Business School, The University of Melbourne
3 Queensland University of Technology (QUT) Graduate School of Business
4 Griffith Business School, Griffith University
5 University of Southern Queensland (USQ) School of Management and Enterprise
6 Adelaide Business School, University of Adelaide
7 Bond Business School, Bond University
8 University of the Sunshine Coast, School of Business
9 University of South Australia (UniSA) Business School
10 Victoria University, Graduate School of Business
11 Deakin Business School, Deakin University
12 Curtin University, Graduate School of Business
13 Central Queensland University (CQU) School of Business and Law
14 La Trobe Business School, La Trobe University
15 University of Wollongong, Sydney Business School
16 RMIT University, Graduate School of Business and Law
17 University of Technology (UTS) Business School

BOSS AFR Executive MBA (EMBA) Rankings

Rank Executive MBA Provider
1 University of Sydney Business School
2 Melbourne Business School, The University of Melbourne
3 Queensland University of Technology (QUT) Graduate School of Business
4 Bond Business School, Bond University
5 University of the Sunshine Coast, School of Business
6 Australian Catholic University (ACU) School of Business
7 University of Technology (UTS) Business School
8 RMIT University, Graduate School of Business and Law
9 University of Wollongong, Sydney Business School



FT Top 100 Global Australian MBA Rankings

Three Australian business schools  – Macquarie Graduate School of Management, Australian Graduate School of Management and Melbourne Business School – have all recorded solid improvement in the latest Financial Times (FT) Ranking of the world’s top 100 MBAs.

Macquarie again topped the Australian representation, rising seven places to 49 while AGSM at the University of NSW jumped 12 places to 54 and Melbourne Business School was up from 87 to 76.

The FT list is one of the most highly regarded of all rankings and is based on surveys of the business schools and their graduates of 2013. MBAs are assessed according to the career progression of alumni, the school’s idea generation and the diversity of students and faculty.

Macquarie graduates from 2013 responding to the survey reported a weighted average salary of $US131,488 (~$A174,000), AGSM graduates reported a salary of $US121,794 (~$A161,000) and Melbourne Business School MBAs reported a salary of $US100,319 (~$A133,000).

FT Australian MBA Rankings


Rank in 2017 Rank in 2016 School name Country Weighted salary (US$)
1 1 Insead France / Singapore 167,657
2 5 Stanford Graduate School of Business US 195,322
3 4 University of Pennsylvania: Wharton US 181,634
4 2 Harvard Business School US 178,113
5 10 University of Cambridge: Judge UK 164,462
49 56 Macquarie Graduate School of Management Australia 131,488 ($A174,000)
54 66 AGSM at UNSW Business School Australia 121,794 ($A161,000)
76 87 Melbourne Business School Australia 100,319 ($A133,000)



The Economist Australian MBA Rankings

The University of Queensland Business School secured the top ranking for any business school in Australia in the 2016 MBA rankings from The Economist magazine.

The Economist named UQ as the number one MBA outside Europe and North America for the fifth year running.

Internationally, it has raised its rank by six places to become one of the top 10 MBA programs in the world. The University of Melbourne MBA was ranked 34th and the Macquarie Graduate School of Management MBA was ranked 46th.

School 2012 2013 2014 2015 2016
University of Queensland 27 14 16 16 10
University of Melbourne 38 27 40 43 34
Macquarie University 61 55 49 28 46
Curtin University 46


QS World University Australian Rankings

The QS Global 200 Business Schools Report survey captures the preferred set of business schools each responding employer wishes to recruit from; either now, in the recent past or in the near future.

QS asks international employers to select the schools from which they consider hiring MBA graduates. Employers that focus on domestic hiring are not included in the survey. However, QS recognizes that many excellent schools that cater predominantly to the local recruitment market may not appear in the tables.

We include only business schools offering full-time MBA programs and as such well-known business schools like ESCP Europe and HEC Lausanne (which only offer executive MBA, part-time MBA and/or masters programs) are excluded.

In order to produce the QS Global 200 Business Schools Report, QS focuses on experienced HR and line managers at organizations that actively recruit MBAs. Respondents from each company are asked a series of questions about MBA recruiting in the previous and the forthcoming year.

Business School Australian Rank Asia Pacific Rank
Melbourne Business School, 1 7
AGSM MBA, University of New South Wales 2 9
Australian National University (ANU) 3 11
La Trobe Business School (La Trobe University) 4 14
Monash Business School (Monash University) 5 15=
UQ Business School (University of Queensland) 6 19
Sydney Business School (University of Wollongong) 7 22
Macquarie Graduate School of Management (Macquarie University) 8 24
RMIT University 9 25
UWA Business School (University of Western Australia) 10 27
The University of Adelaide 11 28
QUT Graduate School of Business 12 30



Forbes Australian MBA Rankings

The Australian Graduate School of Management (AGSM) was the only Australian business school to appear on Forbes’ 2015 list of Best International Business Schools outside of the United States.

The Forbes ranking is undertaken every two years and measures the financial return on investment gained by completing an MBA. Forbes magazine sent surveys to 17,000 MBA graduates from 2008 and arrived at the ranking by comparing their earnings in their first five years out of business school to their opportunity cost (two years of forgone compensation, tuition and required fees). The schools are then ranked according to their t “5-year M.B.A. gain”.

AGSM was 24th on the list with a total 5-Year MBA Gain of $US37,400. AGSM students had an average pre-MBA salary of $US59,000 and an average 2014 salary of $US139,000.The AGSM MBA costs $53,000.

FULL FORBES LIST: The International Business Schools