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With the world racing with so much speed, the need for an economically stable globe is also on the increase. With this, taking a course in business and finance management will pay greatly.
Australia has many outstanding business schools, attracting lots of students to come study in it. So, if you’re in Australia or wish to travel to Australia to study business, this article is for you.
I’ve brought you the 10 best business schools in Australia.
1 Top 10 Best Business Schools in Australia
#1. Melbourne Business School
There is no list of the best business schools in Australia without mentioning Melbourne Business School is a serious omission because Melbourne Business School ensures that her students are given the chance to participate in a wide range of enrichment programs and opportunities to help them learn more.
Melbourne Business School was founded in 1955 in Melbourne, Australia. Melbourne Business University was ranked the second-best business school in Australia in the Qs World University ranking in 2018. The MBA program in Melbourne was ranked 1st among all MBA programs in Australia from 2020 to 2021 by the Economist.
The school offers a master’s degree program in courses such as analytics management, business analytics, marketing, and others. Their Ph.D. programs are available in economics, finance, and actuarial studies. The school’s MBA programs come in various formats designed to fit within the career requirements of every type of student. This is to ensure that the most employable and academically satisfied individuals are produced.
#2. The University of Sydney Business School
The University of Sydney Business School is a constituent body of the University of Sydney. It is internationally recognized and it is the only business school in Australia to be crowned with triple accreditation- AACSB, AMBA, and EQUIS.
You could say that Sydney Business School is very selective in the admission of students. Its acceptance rate is just 30%, of which 30% of their students are international students.
You could choose to enroll for any of the many undergraduate and post-graduate programs and get your degree with no much stress as long as you follow the right steps and put in the necessary work.
#3. The University of New South Wales Business School
The UNSW Business School at the University of New South Wales is a business school located in Sydney, Australia. The school offers undergraduate, graduate, and postgraduate programs, including a variety of MBA degrees.
The school is on a mission of producing students who can change the world and an alumni network that is highly influential and connected.
The great UNSW rates 1st MBA in Australia according to Financial Times 2021 Global MBA Rankings and 4th in the world AGSM’s MBAX (Online), according to QS 2020 Global Online MBA Rankings. The high ranking makes it a considerable school of business in Australia.
#4. The University of Queensland Business School
The University of Queensland is a public research university located primarily in Brisbane, the capital city of the Australian state of Queensland. It was founded in 1909 by the Queensland parliament.
The university is one of the best business schools in Australia that can handle so many disciplines so well, business inclusive. The University was ranked second nationally by the Australian Research Council in their latest research assessment.
The school is also one of Australia’s leading teaching and research universities. With a strong focus on teaching excellence, UQ has won more national teaching awards than any other Australian university. The University of Queensland is therefore very present in my list of best Australian business schools.
#5. The University of Monash
Monash University is a public research university based in Melbourne, Australia. It was established in 1958 and named after a prominent World War 1 general, Sir John Monash.
With over 60,000 students, Monash University claims to be the largest university in Australia. The QS World Ranking gave Monash University a space in the top 100 universities in the world. It is also a member of the prestigious Group of Eight, a coalition of Australia’s largest and oldest universities that is consistently ranked highest of all Australian universities.
Monash Business School is very proud to have been awarded ‘Triple Accreditation’ by three global accrediting bodies. The Association to Advance Collegiate School of Business (AACSB), EFMD Quality Improvement System (EQUIS), Association of MBAs (AMBA)
#6. Australia National University
The Australian National University (ANU) is a public research university located in Canberra, the capital of Australia.
ANU is one of the world’s leading universities, and it is ranked as the number one university in Australia and the Southern Hemisphere by the 2022 QS World University Rankings and second in Australia in the Times Higher Education rankings.
The school works to support the development of national unity and identity, improve understanding of self and neighbors, and provide the nation with research capacity amongst the best in the world.
#7. University of Technology Sydney
The University of Technology Sydney is one of Australia’s top young universities, and it is ranked #133 globally in the QS World University Rankings 2022. With its vision to be a leading public university of technology recognized for global impact, the university claims to have all its courses closely aligned with industry needs.
While offering good undergraduate and post-graduate programs in business and other fields, the university also provides support for students, as well as health and counseling, academic support, and English language tutoring.
This school has a good dynamic campus with a good environment and nice structures and facilities for learning. Good for you.
#8. Deakin Business School
Deakin Business School came from its parent institution Deakin University located in Melbourne, Victoria, Australia. The school has approximately 3000 students engaged in one-degree program or another.
Deakin Business School is an internationally accredited business school in the top 1% of business schools globally, and it holds both AACSB and EQUIS accreditation.
The school programs fall under six academic departments: Accounting, Economics, Finance, Information Systems and Business Analytics, Management, and Marketing. They also provide a wide array of graduate, postgraduate, and diploma certificates in these fields.
#9. University of Curtin
The school was founded in 1993 in Perth, Australia. Some of the popular programs at Curtin Business School are Accounting and finance, business and management studies, and Economics and Econometrics.
Ranking among the top 1% universities of the world, Curtin Business School is the only educational institute in Western Australia to hold a five-year accreditation by EQUIS, a triple accreditation by AACSB, and an EFMD Accredited MBA program.
Curtin Business School offers undergraduate, postgraduate, research, professional certificate, and other executive studies programs to attendees from over 50 countries across the globe.
#10. MGSM – Macquarie Business School
Macquarie University is a public research university based in Sydney, Australia. It was founded in 1964 by the New South Wales Government.
Macquarie has five faculties, including the Macquarie Graduate School of Management, which is found on the university’s main campus in suburban Sydney.
With their good MBA performance and unceasing effort in producing the most employable graduates, they are also considered one of the best in Australia, you could consider it.
2 Is Australia good for business studies?
Of course! Australia is a fantastic place to study business. The reasons are stated below:
- Australia has a strong economy and a friendly business environment, making it an attractive destination for business students.
- The economy is diverse and thriving, providing numerous opportunities for future business professionals.
- Australian universities have excellent facilities and resources, ensuring students receive a high-quality education.
- The Australian government is very supportive of international students and offers incentives for businesses to establish themselves in the country.
All these reasons make Australia a perfect choice for those pursuing a business education.
3 Cost of Studying Business in Australia
The cost of studying business in Australia can vary depending on the institution you choose to attend and the type of course you undertake. Generally, courses at public universities will be cheaper than those at private institutions.
For international students, the cost of undertaking a business degree at a public university in Australia can range from AUD$20,000 to AUD$30,000 per year. This is significantly cheaper than undertaking a similar degree in many other countries such as the United States, where the average cost of tuition is around USD$33,000 per year.
In addition to tuition fees, international students studying in Australia are also required to pay for their accommodation and living expenses, which can add up to around AUD$ 18,000 per year.
The cost of studying a business degree at a private university in Australia can range from AUD$35,000 to AUD$60,000 per year. This is significantly more expensive than undertaking a similar degree at a public university, but private universities often offer a more comprehensive and well-rounded education. In addition to tuition fees, international students studying at a private university in Australia are also required to pay for their accommodation and living expenses, which can add up to around AUD$ 18,000 per year.
There are over 150 international business schools around the globe, If you need a wonderful place to acquire your MBA, doctorate, or Ph.D. degrees in business, the list above is a clue and a guide to be best 10 business schools in Australia. All that is left is to look closely and make your choice and choose the best from the best.