The University of Queensland has retained its ranking as Australia’s top MBA in Australia and the Asia Pacific in the latest The Economist Which MBA? 2014 ranking of global MBA programs.
UQ Business School dropped two spots in this year;’s rankings to 16th but retained its position as the only Asia-Pacific entity in The Economist’s global top 25, and the number one MBA outside Europe and North America.
Melbourne Business School dropped from 27th to 40th on the list while the Macquarie Graduate School of Management (MGSM) has moved up six places, to be ranked 49th in the world.
UQ Business School Dean Professor Andrew Griffiths said the result groups UQ alongside the leading international business school brands such as Harvard, Stanford, MIT Sloan, INSEAD, London Business School, Kellogg, and Wharton.
Professor Griffiths said international social entrepreneurship projects embedded in the MBA program commercialised business opportunities for third-world communities.
“Engaging our MBA students in community-benefit projects brings rewards well beyond the classroom and the continued response from the employers of our MBA students tell us that these experiences bring a key differentiator to our program,” he said.
“To have The Economist award us such a high ranking acknowledges that we continue to deliver a world-class MBA.”
The annual ranking gauges the feedback of current students and alumni who graduated in the past three years, taking into consideration such measures as perceptions of their experience throughout the MBA program and graduate outcomes.
The UQ Business School MBA has ranked in The Economist’s top 50 for the past four years, and it has been included in the prestigious ranking table for five years.
MGSM’s ranking sees the school retain the position as the nest business school in NSW, rank at number #3 in Australia and #5 in the Asia-Pacific region. The school has also achieved a global ranking of three for increase in salary.
Professor Alex Frino, Dean of MGSM, said: “This outstanding result gives us every reason to be proud of our School – our students, our alumni, our faculty and our staff – all who have shown great dedication to the school’s success. This is what we have been working towards and it is great to see it reflected in the results.”
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