Choosing the right business school is crucial and can significantly shape your career trajectory. Australia is renowned for its high-quality education and vibrant economy and offers some of the best business schools globally.
Australian universities provide world-class programmes, exceptional faculty, and numerous opportunities for domestic and international students. Whether you're looking to enhance your leadership skills, delve into entrepreneurship, or gain a comprehensive understanding of global business practices, Australia has a business school that fits your aspirations.
In this blog, we'll explore Australia's top 10 business schools for the upcoming entry cycle, highlighting their unique strengths, standout programmes, and what makes each one a top choice for prospective business leaders.
If you are considering studying a business degree in Australia, don't delay and arrange a free consultation with SI-Australia today. Our team will take you through all your study options and discuss your desired course type and destination.
Top 10 Business Schools in Australia
Australia has a thriving economy, and business skills are in demand across every industry. According to the QS World University Rankings by Subject 2024, the top universities in Australia for business and management studies are below.
1. The University of New South Wales | UNSW Business School
The UNSW Business School in Australia has been named after AFR BOSS Best Business School for 2023 for the second consecutive year. University of New South Wales offers bachelor’s, master’s, and graduate research courses to provide advanced knowledge and skills required to contribute to future research and professional practices. Some of the top specialisations in the business courses at UNSW include cybersecurity management, financial technology, business analytics, and international business.
- Course to consider: Master of International Business
- Entry requirements: A recognised bachelor’s degree with 65% or above in economics or business specialisation | Must have relevant work experience | IELTS or TOEFL as evidence of your English proficiency
- International fees: AUD 38,000
2. The University of Melbourne | Melbourne Business School
Melbourne Business School is the graduate business school of the University of Melbourne that offers MBA specialisations, specialist master’s degrees, doctoral programmes, and executive education degrees in business and management. It also provides management courses in various fields, including accounting, actuarial studies, marketing, and public administration. During the course, you will develop skills to solve business challenges and make a difference in society and organisations.
- Course to consider: Full-time MBA
- Entry requirements: Bachelor’s degree in accounting or finance or any equivalent field | IELTS minimum overall score of 7.0 with no band less than 6.5 or equivalent English language test
- International fees: AUD 106,650
3. University of Sydney | The University of Sydney Business School
Ranking at number one for MBA in Australia in the Financial Times MBA Ranking 2024, the University of Sydney Business School consistently makes history for its progressive approach to business and management education. The courses and research are conducted at the highest global standards to engage students in relevant, cross-disciplinary projects and prepare them for a dynamic career in business. Get to choose from part-time and full-time courses and become effective communicators, inspiring managers, and leading thinkers. Some graduates are working at Deloitte, AppNexus, and Google.
- Course to consider: Master of Management
- Entry requirements: Undergraduate degree with a minimum GPA of 65 or equivalent | Minimum three years of work experience | Demonstrate English language proficiency in any of the following: IELTS/TOEFL/PTE
- International fees: AUD 55,000
4. Monash University | Monash Business School
The Monash Business School ranks 39th globally for business and economics and is the most prominent faculty at Monash University, offering flexible and progressive learning opportunities for your business career. The business school offers 11 undergraduate courses and 36 master’s, plus graduate certificates and diplomas. Monash University graduates get to work in public and private organisations to make a successful career in the business industry.
- Course to consider: Bachelor’s degree in Business Administration
- Entry requirements: Secondary education with English, Mathematics, and Science as prerequisite subjects from a recognised university or board | IELTS academic minimum overall score of 6.5 with band no less than 6
- International fees: AUD 52,200
5. Carnegie Mellon University | Tepper School of Business
The Tepper School of Business aims to prepare next-generation thinkers who can navigate by thinking beyond disciplines. The school offers STEM-related business and management courses, such as MBA, MSc in Business Analytics, MSc in Management, and MSc in Product Management. With cutting-edge education, innovative curriculum, industry experiences, and hands-on experience to prepare you for a successful career in business.
- Course to consider: Master of Science in Business Analytics
- Entry requirements: A bachelor’s degree in business and management or any relevant discipline | English language skills qualification through IELTS/TOEFL/PTE
- International fees: AUD 39,181
6. Australian National University | ANU College of Business and Economics
The ANU College of Business and Economics is committed to providing academic excellence and is one of the top business universities in Australia. The school offers undergraduate, postgraduate, honours, and graduate research programmes in various specialisation areas: accounting and finance, commerce, statistics, and international business. Besides academics, the ANU College of Business and Economics offers students multiple scholarships and funding to assist with studying costs. After completing their degree, graduates can look for careers in different business and management sectors.
- Course to consider: Bachelor of Business Administration (Hons)
- Entry requirements: A Bachelor’s degree or equivalent with a minimum of 72% | IELTS or TOEFL qualifications and relevant work experience
- International fees: AUD 48,035
7. The University of Queensland | UQ Business School
The UQ Business School of the University of Queensland focuses on business learning, innovation, and impactful research. According to Research.com 2023, the UQ Business School ranks 24th worldwide for business and management research. With small classroom sizes and mentoring from industry experts, you will learn how to engage with your customers and employees, engage with analytics, understand markets, and assess financial and business decisions.
- Course to consider: Bachelor of Advanced Business (Hons)
- Entry requirements: Australian Year 12 or equivalent with English and Mathematics as prerequisite subjects | IELTS overall score of 7 with the band no less than 6.5 or TOEFL iBT score of 100
- International fees: AUD 51,200
8. University of Technology Sydney | UTS Business School
UTS Business School is a part of the University of Technology, Sydney, which aims to lead education and research that enables businesses and organisations to contribute to public benefit. The school offers various degrees across bachelors and masters and a range of executive development, micro-credential, and short-term courses. During the course, you will gain a professional skillset through theoretical foundations and methods to apply them in real-world situations.
- Course to consider: Master of Strategic Supply Chain Management
- Entry requirements: Undergraduate degree in business or equivalent discipline | IELTS academic overall score of 6.5 or TOEFL minimum score of 550-583 or any other acceptable English skills test
- International fees: AUD 24,035
9. RMIT University | College of Business and Law
The College of Business and Law at RMIT University is a leading business institution in Australia known for its innovative and industry-relevant degrees. RMIT University offers various undergraduate, postgraduate, and research courses in business, economics, finance, management, and law. RMIT's College of Business and Law prepares students to excel in dynamic and competitive global business environments. The course is delivered through lectures, seminars, workshops, work placements, and internships to provide hands-on experience to students.
- Course to consider: Bachelor of Business (Hons)
- Entry requirements: Bachelor’s degree or equivalent with a minimum GPA of 2.5 out of 4 or 65% in economics or finance or marketing | IELTS or TOEFL or PTE to demonstrate English proficiency
- International fees: AUD 16,223
10. Deakin University | Deakin Business School
Deakin Business School of Deakin University offers postgraduate programmes, including an MBA, a Master of Commerce, and a Master of Marketing. The school provides valuable experience and management skills, with an opportunity to pursue majors in retail management, organisational policy, and finance. During the course, you will learn to use entrepreneurial tools to set up your business, solve business challenges, and explore business trends. Employers across the globe highly regard graduates of Deakin Business School, making it the top business school in Australia.
- Course to consider: Bachelor of Business
- Entry requirements: Senior Secondary Education with at least 50% or more from a recognised educational institution | IELTS overall academic score of 6.0 with no band less than 6.0 or equivalent
- International fees: AUD 38,400
Study Business in Australia
If you want to study in Australia, arrange a free consultation with SI-Global today. Our educational consultants will discuss your study options and help you decide on the best course of action that benefits your long term future.
