The AGSM MBA Program was today ranked as the leading full time MBA in Australia and 32nd in the world in the Financial Times (UK) 2009 ranking of the top 100 global MBA programs.
This is the tenth 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.
The Financial Times surveyed MBA alumni who graduated three years ago, so AGSM alumni who graduated in 2005 participated in the current survey. These alumni have an average salary of $US 127,474, representing a doubling of their average salary three years after graduation compared to their pre-MBA salary.
The AGSM MBA rank of 32 is an improvement of seven places since last year. The main driver of the overall ranking score is the career success of alumni, especially salary progression. Particular areas of strength in the survey results are the career progression of AGSM alumni, aims achieved and value for money.
Professor Wai Fong Chua, Acting Dean of the Australian School of Business said: “I would like to congratulate our AGSM alumni for their career success in such a competitive and volatile environment. This strong result is testament to their outstanding skills and capabilities.
“The AGSM MBA Program has gone from strength to strength, continuing to attract a highly talented and diverse group of students from around the world. This year we have a full cohort of 65 students with an average GMAT of 654. Students have average work experience of 6.5 years and 60% are from overseas, originating from 29 countries. One third of the students are female, a 60% increase over 2008. The diversity of the AGSM MBA class provides our students with tremendous learning and networking opportunities,” says Professor Chua.
The 2009 Financial Times MBA rankings show Wharton and London Business School as the world’s leading business schools, followed by Harvard and Columbia.
Professor Chris Adam, Associate Dean Postgraduate Programs and Director, AGSM, comments on the Financial Times ranking - see video.
