Australia among top destinations for management studies

According to the latest QS TopMBA Applicant Survey, Australia has emerged as one of the top six MBA study destinations in the world competing with more established MBA providers Switzerland and Spain. Australia's geographical and cultural proximity could be a reason for the preference shown by Asian students surveyed for the report.

According to Prof. John Seybolt, Dean of Melbourne Business School (MBS), Australia acts as a bridge between the East and West with its long European heritage, making it a perfect destination for those seeking exposure to the emerging Asia-Pacific markets in the comfort of an international English speaking country.

The country is backed by strong educational infrastructure, high living standard, and lower expenses as compared to other countries like the US and the UK. Gradually, the management degrees offered at Australian Universities are gaining recognition globally especially in the Asia-Pacific region. Moreover, with Britain tightening up Visa rules, the number of Indian students applying to Australian Universities has increased by 16% and is expected to rise further. This will further contribute to the growing popularity of the country among Indian students as one of the ideal international study destinations. (Read more)

Indian students mainly go to Australia to pursue MBA. Before choosing a B-School, students should have a proper understanding of all the various aspects which will help in making a decision. One such aspect is the reputation of the college/university globally. In this article, we will have a look at the top five Business Schools in Australia. The universities are listed based on the Regional ratings: QS Global 200 Business Schools Report 2012 (Asia Pacific region):

1. Melbourne Business School (MSB), the University of Melbourne

MSB has been ranked 3rd in the Asia Pacific region. Offering MBA since the year 1963, the school is now accredited by EQUIS and AACSB. Melbourne Business School offers academically rigorous management programmes. The flagship MBA programme was ranked No. 1 in Asia Pacific in The Economist's ‘Which MBA 2010' report. Financial Times placed its Executive MBA in the top 50. (Read more)

2. Australian Graduate School of Management (AGSM), University of New South Wales

AGSM is ranked 6th among the top B-Schools in the Asia Pacific region. The MBA programme is delivered through the Australian School of Business and is accredited by The Association to Advance Collegiate Schools of Business (AACSB) and the European Quality Improvement Standard (EQUIS). The AGSM MBA is a globally recognized management programme which was ranked first in Australia and number 35 in the world (Financial Times (UK), Global MBA Rankings, 2011). (Read more)

3. Sydney Business School (SBS), University of Wollongong

Ranked 13th in the Asia Pacific region, Sydney Business School features among the top 200 business schools in the world in the QS (Quacquarelli Symonds Limited) survey. The SBS also holds a five star rating with the Graduate Management Association of Australia. The school offers Full-time, Part-time and Executive MBA. (Read more)

4. Macquarie Graduate School of Management (MGSM), Macquarie University

QS Global placed MGSM at the 14th position in the region. It is the second oldest and one of the few autonomous B-schools in Australia. The school has gained international reputation for excellence in management education and has been acknowledged by The Economist as a leading business school in national, regional and global arena. (Read more)

5. Faculty of Business and Economics, Monash University

Faculty of Business and Economics, Monash University has been ranked 15th in the region. Monash MBA is one of the best programmes in Australia and has been constantly ranked among the top 100 in the world. The programme is accredited by the Association of MBAs (AMBA), and the Faculty is accredited by the European Quality Improvement Standard (EQUIS). (Read more)

Listed below are some of the best B-Schools in Australia apart from the five mentioned above:

6. The Australian National University, ANU College of Business and Economics (18th Rank)
7. The University of Adelaide Business School (22nd Rank)
8. QUT Graduate School of Business (24th Rank)
9. RMIT University, Graduate School of Business and Law (26th Rank)
10. Swinburne University of Technology, Australian Graduate School of Entrepreneurship (27th Rank)