If you are thinking of studying a business degree abroad, look no further than Australia. International students completing a business degree here can enjoy the benefit of finding a career in Australia or use their business qualification to kick-start their career anywhere else in the world.
Graduates whom have completed a business degree in Australia have the option to apply for Australian residency through the Skilled Independent Visa (Subclass 189) . This is one of the most popular options for international students.
However, it also depends on what specialisation or skills you have acquired from your degree – for example, if you have completed an accounting or actuarial specialisation, you will have the opportunity to apply for Australian residency. However if you have completed a degree in marketing, the road to residency will be very gloom.
So now you must be thinking which university should you consider taking up a business degree?
Below, we shortlisted the top 5 destinations to consider based on the latest QS World University Rankings
We believe this is the most reliable source as most if not all top ranked universities put heavy effort on improving their teaching quality, student experience, graduate outcome, etc. to perform well in the rankings.
Also, most large firms & companies use the ranking table as a key reference when hiring potential staff for their company. As the ranking improve, the value of your qualification increase as well.
Melbourne Business School retains its place as the #1 destination to acquire a business degree in Australia. Located in the heart of the state of Victoria, Melbourne has been dubbed as the world’s most liveable city for the 7thyear running.
The faculty offers extensive undergraduate, graduate and research higher degree study options. The flagship program at Melbourne University is called the Bachelor of Commerce and graduates from this program are known for their solid understanding of business issues and processes, their resourcefulness and their problem-solving and leadership skills. These graduates are highly sought after in a wide variety of professions in the public and private sectors, ranking from investment banking and accounting through to management consultancy and marketing.
The University is ranked 8th globally for Social Sciences and Management, 10th globally for Accounting and Finance, 14th globally for Business and Management Studies and 23rd in the world for Economics and Econometrics in the latest QS World University Subject Rankings tables. The faculty holds the Association to Advance Collegiate Schools of Business (AACSB) accreditation and European Quality Improvement System (EQUIS) ccreditation.
UNSW is the 1st Australian University to be awarded 5 Star Plus – a rating system that provides a detailed look at an institution, enabling you to identify program strength, facilities, graduate employability, social responsibility, inclusiveness, and more.
As one of Australia’s leading business schools, UNSW have developed a strategic plan dubbed as Strategy 2020 which have a high focus in career-focused student learning experience, high impact research, and a sustainable 2-way engagement with Asia
The latest Australian Graduate Survey shows that UNSW has educated more CEOs of Australia’s top 50 companies than any other university, UNSW graduates also enjoy the highest employment rates amongst Australia’s top universities.
CrunchBase research have also identify UNSW as the top University to produce technology entrepreneurs in the past 15 years than any other Australian universities.
The Faculty of Business and Economics at Monash University is the largest business faculty in Australia where it has a global footprint in 6 countries including Australia, Malaysia, South Africa, Italy, China and India. Through this established network & international presence, students at Monash will get the opportunity of taking up an exchange program or joining internship & career development programs in these exotic locations
Monash Business School is also accredited by AACSB, EQUIS and AMBA dubbed as one of only 86 ‘Triple Crown’ Business School in the world – and the only institution within Victoria to have achieved this accreditation. Only 1% of business schools in the world have achieved this elite status and the only Group of Eight University to have done so.
The Triple Accreditation means that your business degree will be recognised wherever you want to work in the world. For instance, AACSB accreditation provides opportunities for Monash PhD graduates to gain employment at top US schools, which often require employees to hold a doctorate from an AACSB-accredied school.
Monash Business School offers ‘The Generator’ program which is an entrepreneurial hub to assist student to nurture business skills and entrepreneurial thinking and turn ideas into reality.
USYD is founded in 1850 and was Australia’s first university and is regarded as one of the world’s leading universities. Its stunning campus is ranked in the top 10 of the world’s most beautiful universities by the British Daily Telegraph
Ranked #1 for the best MBA course in Australia by the BOSS MBA Schools Rankings which is also endorsed by the Australian Financial Review. The program focuses on developing skills around creativity, critical analysis and a systems approach to problem solving. It will also help to develop the personal and interpersonal skills needed to lead effectively
USYD business school offers the Industry Placement Program (IPP) which provides global career opportunities to students. Credited towards a Business School degree, IPP offers a work placement for a minimum of 3 days per week for 10 weeks during semester or an equivalent number of hours over the summer vacation programs.
For the second year running, University of Sydney has been ranked #1 in Australia and 4thin the world for graduate employability under the latest QS Graduate Employability Rankings The QS rankings move past employment rates to give a more in-depth indication of how universities are perceived in the global graduate jobs market, how well-connected to the professional world universities are, and the quality of employment outcomes achieved by graduates.
Australian National University
ANU’s location points to their unique history ties to the Australian Government and special standing as a resource for the Australian people. The ANU College of Business & Economics (CBE) is located in Canberra which is Australia’s capital city where it is home to 12 national institutions including the Australian Parliament House, the high court of Australia and the national library of Australia
The degrees offered by CBE are accredited by a number of independent organisations. The most interesting one is The World Wide Consortium (W3C) which is an international community that works together for the long-term growth of the Web. As a member of W3C, students will get the opportunity to interact with leading companies and organisations in the Web space; examples include Google, Microsoft, Alibaba and apply. The can actively participate in shaping technologies that drives the Web and the human & business behaviour they will encourage.
ANU is the only University in Australia which offers the Evidence-Based MBA – The program focuses on building students’ understanding and application of an evidence-based approach to management by integrating the concept across the entire program. Students looking to get a taste of this program is required to have at least 5 years’ work experience. They can also enjoy the smallest class size in the country!
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About Post Author
Georgina is a content marketer who is part of the E2 family. A writer by day and a reader/gamer by night. Being an international student who has completed her degree at UNSW Sydney, she also has extensive experiences as a professional education consultant – helping students to identify the right university to achieve career successes. You are welcome to contact her at +61 424 988 337 to chat about games, books and study choices!