Australian business schools are a significant part of the Australian university sector.
- Australian university business schools graduate 17% of domestic and 46% of international students in Australia.1
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Five Australian business schools are in the top 100 universities for economics and business in the Times Higher Education ranking2 and eight are in the top 100 universities in the US News Global ranking3
- Seven Australian business schools are listed in the top 200 (or two per cent) of universities worldwide in economics and business — the Academic Ranking of World Universities (ARWU) 4
ABDC President, Professor Keryn Chalmers, on the some of the challenges faced by Australian business schools.
Australian business school graduates are in demand.
- 72.8% of undergraduate business and management students had gained full-time employment in 2021, which is higher than the full-time employment rate across all study areas of 68.9%5
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In a longitudinal study of employment outcomes for recent graduates, 78.9% of business and management undergraduates were in full-time employment in 2018, increasing to 91.9% in 20216
- Employers of management and commerce graduates have high satisfaction with their foundational (95%) and technical (94.2%) skills, as well as employability (90.3%)7
- Postgraduate coursework graduates earn higher median salaries than graduates in other disciplines, particularly those who specialise in business management, management and commerce, banking and finance, and economics8
Australian business schools contribute significantly to the third largest export industry (and largest export service industry) in Australia.
Australian business school graduates greatly contribute to Australian leadership and economic growth.
Nearly half (49%) of ASX200 CEOs have a postgraduate qualification with one in four holding an MBA.11
Subject Rankings
Accounting and Finance
- 14 Australian universities are in the top 200 QS rankings for Accounting and Finance12
Business and Management
- 18 Australian universities are in the top 300 QS rankings for Business and Management13
- 6 Australian universities are the in top 100 QS rankings for business and management
Economics and Econometrics
- 15 Australian universities are in the top 300 QS rankings for Economics and econometrics14
- 6 Australian universities are in the top 100 QS rankings for economics and econometrics
[1] Selected Higher Education Statistics – 2020 Student data. Award Course Completions pivot table
[2] 2022 Times Higher Education World University Rankings by subject: business and economics
[3] 2022 Best Global Universities Rankings
[5] QILT 2021 Graduate Outcomes Survey
[6] QILT 2021 Graduate Outcomes Survey — Longitudinal
[7] QILT 2021 Employer Satisfaction Survey
[8] QILT 2021 Graduate Outcomes Survey — Domestic results
[9] Selected Higher Education Statistics – 2020 Student data. Award Course Completions pivot table
[10] Australian Bureau of Statistics International Trade in Goods and Services, Australia, Dec 2018
[11] Robert Half CEO Tracker. https://www.roberthalf.com.au/research-insights/ceo-tracker
[12] QS World University Rankings by Subject 2022. https://www.topuniversities.com/subject-rankings/2022
[13] QS World University Rankings by Subject 2022. https://www.topuniversities.com/subject-rankings/2022
[14] QS World University Rankings by Subject 2022. https://www.topuniversities.com/subject-rankings/2022