The University of Sydney Business School has reminded the world of its calibre in management education after receiving a high inaugural ranking amongst global Master of Management (MMgt) programs.
News magazine, The Economist, ranked the Business School’s flagship postgraduate program was number one in Australia, number three in the Asia Pacific region and number 35 in the world.
The move by the Economist, which has long ranked MBA programs, to also survey the pre-experience MMgt courses (average work experience of students limited to one year), acknowledged their growing popularity worldwide.
The Dean of the Business School Professor Greg Whitwell said the outstanding result for the School’s MMgt and its CEMS program helped to solidify their place amongst the world’s leading providers of quality management education.
“More importantly, it is recognition of our commitment to providing students with the skills to lead in an increasingly challenging world,” Professor Whitwell said.
Business School Deputy Dean Professor John Shields attributed their success in the ranking to a growing recognition amongst employers and recent graduates alike that a high quality Masters qualification offers a “fast track to challenging, exciting and well-rewarded leadership opportunities in the business field”.
The Masters in International Management course delivered by the global CEMS Alliance of 30 elite Schools including the University of Sydney Business School, was ranked ninth in the world by The Economist.
The Business School’s Associate Dean of graduate management Associate Professor Philip Seltsikas said the school’s close relationship with industry partners also contributed to the high ranking.
“Our MMgt uniquely integrates our industry and corporate partners with an innovative and future-focussed management curriculum,” Associate Professor Seltsikas said.
“MMgt programs are growing in popularity because employers are recognising the role that Business Schools have to play in preparing the next generation of global leaders.
“The demand for Master of Management graduates is on the rise.”
Only the world’s top 40 MMgt programs were included in the Economist’s rankings based on a range of academic, cultural and career criteria.
In a series of “sub-rankings” the Business School was placed at fifteenth in the world for its culture and the effectiveness of its alumni network, nineteenth for its program content, academic staff and facilities and twenty-third for the post-MMgt salary of recent graduates.