The Financial Times has released its 2022 EMBA rankings and two Australian business schools have made it into the Top 100. The Monash Business School is ranked at #67 and the Melbourne Business School is ranked at #94. This is a significant achievement for both universities, especially given the competitive global landscape. So, what does it take to make it onto this prestigious list? And why have these two Australian business schools performed so well? Let’s take a closer look.
What Does It Take To Make It Onto The List?
To compile the EMBA ranking, the Financial Times uses a range of criteria including alumni career progress, salary increase, work experience, and school diversity. Alumni career progress is measured by looking at the percentage of graduates who achieved senior management positions three years after graduation. Salary increase is measured by looking at the percentage increase in alumni salaries three years after graduation. Work experience is measured by looking at the average number of years of work experience alumni had before starting the EMBA program. School diversity is measured by looking at the percentage of international students and faculty at each school.
Why Have These Two Australian Business Schools Performed So Well?
There are a number of reasons why these two Australian business schools have performed so well. Firstly, both universities have experienced significant increases in their alumni salaries three years after graduation. Secondly, both universities have a high percentage of international students and faculty, which is widely regarded as a marker of quality. Finally, both universities have experienced strong growth in their MBA programs in recent years, which is indicative of their commitment to excellence.
According to Monash University President and Vice-Chancellor Professor Margaret Gardner AC the Financial Times ranking is a proud achievement for the University’s Faculty of Business and Economics, and for the entire Monash community.
“This result is a wonderful reflection of the University’s commitment to providing our students – and tomorrow’s leaders – with a high-quality and internationally-recognised education, in collaboration with a global network of partners, so they can contribute to addressing the global challenges of our time,” Professor Gardner said.
Professor Simon Wilkie, Dean of the Faculty of Business and Economics and Head of Monash Business School said this result is testament to the hard work and commitment of the staff and students.
“We are delighted to be recognised for the high quality of our program and the professional success of our GEMBA graduates,” Professor Wilkie said.
“The Monash Global Executive MBA sets itself apart from competitors with a strong focus on global partnerships with other world-leading business schools and highly-applied executive-level experience working with leading companies. Our Alumni are making an invaluable contribution to sustainable global business.”
Making it onto the Financial Times EMBA ranking is a significant achievement for any university. It takes a commitment to excellence and a dedication to providing students with an outstanding education. Monash University and The University of Melbourne have both performed exceptionally well in this year’s rankings and are to be congratulated on their achievements.