2005 results:
- 2005 Economist Intelligence Unit Survey of MBA programs ranked the
Monash MBA as number 1 in Australia and number 2 in Australasia
- 2005 Economist Intelligence Unit Survey of MBA programs ranked the
Monash MBA number 6 in the World for the category of Personal development
and educational experience
- 2005 Australian Financial Review's BOSS magazine ranked the Monash
MBA in the top tier - equal first
- 2006 Good Universities Guide to MBA and Executive Short Courses has
ranked the Monash MBA as equal first
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Monash MBA consolidates its world-class ranking
12 October 2006
Monash University's Graduate School of Business (GSB) has re-affirmed its position
as one of the top Master of Business Administration (MBA) providers in the world
following the release of the Economist Intelligence Unit's 2006 MBA rankings.
The Monash MBA was placed third in the world in the category 'personal development
and educational experience'. Overall it was ranked 49th in the world, the highest
ranked MBA in Australia, a jump of 10 places from its 2005 position.
The Economist Intelligence Unit, the business information arm of the Economist
magazine, each year identifies the world's top 100 business schools by surveying
MBA students, graduates and the schools themselves.
The schools are ranked on four indicators of why students undertake an MBA
- to open new career opportunities and/or further current career; personal development
and educational experience; to increase salary; and the potential to network.
Professor Gill Palmer, Dean of the Faculty of Business and Economics, said
this year's result confirmed Monash's position as a world-leader in the MBA
market, particularly in personal development. She congratulated MBA director
Professor Peter Reed for the program's consolidated performance in recent rankings,
in contrast to many of its competitors.
Professor Reed said he was pleased about the recognition of personal development
at Monash.
"Our unique leadership program focuses on personal and professional development,"
he said. "Our MBA program is designed as a first step in a continuous process
of self-development for students. It includes psychometric testing and workshops
designed to enhance personal attributes including communication skills, analytical
skills and teamwork. It also helps students enhance their critical thinking,
problem solving and interpersonal skills."
Professor Julian Teicher, director of the Monash GSB, said the result for the
MBA demonstrated the overall strength of the Monash GSB and its ability to provide
students with an outstanding educational experience.
The Monash MBA program has recently been awarded accreditation by the Association
of MBAs (AMBA). MBA programs are accredited by AMBA at more than 100 institutions
in more than 40 countries. The Monash MBA is the third such program in Australia
to be recognised by AMBA.
> Monash MBA Program
> Economist Intelligence Unit
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