AGSM MBA ranked top in Australia

28 January 2008

The AGSM MBA Program has been ranked as the leading full time MBA in Australia and a top 40 MBA worldwide in the Financial Times (UK) 2008 ranking of MBA programs.

This is the ninth consecutive year the AGSM MBA Program, which is delivered by the Australian School of Business at the University of New South Wales, has ranked in the Top 100 MBA Programs Worldwide.

Professor Wai Fong Chua, Acting Dean of the Australian School of Business said: “AGSM MBA graduates are making great strides in their careers by applying what they learnt in the AGSM MBA Program to the workplace. This outstanding result reflects the exceptional quality of AGSM MBA students, the relevance of the program to today’s workplace, the quality of our faculty, and the career success of AGSM alumni.

“The AGSM MBA was ranked 39 in the world, an improvement of ten places since last year. The main driver of the overall ranking score is the career success of alumni, especially salary progression.

“The Financial Times surveyed MBA alumni who graduated three years ago, so AGSM alumni who graduated in 2004 participated in the current survey. These alumni have an average salary of $US 122,349 and a 96% average salary increase three years after graduation.

“Other areas of strength include the proportion of graduates who gained employment within 3 months of graduation, the proportion of alumni who would recommend the AGSM MBA program, and the extent to which the AGSM MBA Program provides value for money.

“We are also very pleased that our organisational behaviour academics who teach on the AGSM MBA Program were ranked 6^th best in the world based on alumni recommendations.

“The AGSM MBA Program is growing stronger each year. This year’s class is very impressive, with a full cohort of 60 students and the highest average GMAT for many years. Just over half the class are international students. They originate from 22 countries including, in descending order, Europe, Asia Pacific, North America, Latin America, the Middle East and South Africa. The students have considerable work experience, with an average of seven years in the workforce and an average age of 29,” says Professor Chua.

The 2008 rankings show Wharton once again as the world’s leading business school, followed by London Business School and Columbia.