Top business schools in Melbourne

Melbourne, the cultural capital of Australia, is a bustling city that has established itself as a hub for business and innovation. With some of the most prestigious business schools in the country, it’s providing students with a world-class education and opportunities to develop their skills and experience.

Let’s take a closer look at some of the top business schools in Melbourne and what they offer to students:

1. University of Melbourne - Melbourne business school (MBS)

The University of Melbourne's Melbourne Business School (MBS) is one of the oldest and most prestigious business schools in Australia, and consistently ranks among the top business schools in the world. MBS offers a wide range of undergraduate and postgraduate programs, including MBA, Executive MBA, and specialised master's degrees in areas such as finance, marketing, and management. One of the key strengths of MBS is its focus on research excellence, with a dedicated research centre and a faculty that includes some of the world's leading business academics. This research focus ensures that MBS remains at the forefront of business education, with cutting-edge insights and practices integrated into its curriculum.

Another strength of MBS is its emphasis on experiential learning, providing students with opportunities to engage with industry partners and gain real-world experience through internships, consulting projects, and case competitions. This practical focus, combined with a strong theoretical foundation, prepares students for successful careers in a range of industries and sectors.

*Source: https://mbs.edu/about-us

2. Monash University - Monash Business School

Monash Business School, part of Monash University, is a leading business school in Melbourne with a focus on innovation, entrepreneurship, and sustainability. The institution has a network of campuses across the Indo-pacific and Europe, as well as partnerships with many institutions in the UK and the US. Their approach is always global, addressing the challenges faced globally in the present age. Diversity and inclusion are integral to their values, and each campus is a community on a global scale. One of the key strengths of Monash Business School is its strong industry partnerships and engagement, providing students with access to real-world experiences, networks, and insights. This includes a range of opportunities such as internships, work-integrated learning, industry placements, and guest speakers from industry experts.

The transcontinental community of the institution, along with its alumni who are located around the world, creates a blend of individuals and ideas that foster education, research collaborations, networks, commercial opportunities, and engagement on a truly global level. This diverse outlook enables them to approach challenges and opportunities with an open mind and tackle them at local, national, and global levels. The school also places a high emphasis on sustainability and social responsibility, with research centres and programs dedicated to sustainability and ethics in business.

The institution has campuses and teaching centres in several countries, including Australia, Malaysia, China, India, Indonesia, and Italy, with over 100 partner universities for student exchange programs. The partner universities include the University of Warwick, UK; Indian Institute of Technology, Bombay (IITB), India; Tata Institute of Social Sciences (TISS), India; Tel Aviv University, Israel; Osaka University, Japan; Utrecht University, Netherlands; Free University of Berlin, Germany; Seoul National University, South Korea; Pennsylvania State University, USA; and Southeast University, China. The institution has more than 1601 active agreements covering academic partnerships, industry partners, and research grants. They also offer the Global Immersion Guarantee, a funded overseas study program for first-year Monash Arts students, which was recognised as Best Practice in International Education by IEAA in 2020.

*Source: https://www.monash.edu/about/who

3. La Trobe University - La Trobe Business School

La Trobe Business School is the business faculty of La Trobe University, located in Melbourne, Australia. The school has a strong focus on entrepreneurship and innovation, with programs and initiatives designed to support students in launching and growing their own businesses. The school also has a strong research focus, with research centres and institutes dedicated to areas such as corporate governance, sustainability, and innovation.

The school has strong industry partnerships and engagement, providing students with opportunities to gain practical experience and develop their networks. This includes internships, industry projects, guest speakers, and mentoring programs. The school also has a strong commitment to sustainability and social responsibility, with a range of programs and initiatives designed to promote ethical and sustainable business practices.

*Source: https://www.latrobe.edu.au/about/rankings-and-ratings/the, https://www.latrobe.edu.au/about/rankings-and-ratings/qs

4. RMIT University - Graduate School of Business and Law

The Graduate School of Business and Law at RMIT University is a leading business school located in Melbourne, Australia. The school has a strong focus on practical, industry-relevant education, with programs designed to equip students with the skills and knowledge needed to succeed in the fast-paced, global business environment. The faculty at RMIT University includes experienced academics and industry professionals who bring a wealth of expertise and insights to the classroom.

The Graduate School of Business and Law (GSBL) has established a strong and active network of industry and alumni connections in the field of business and law. The school's Industry Advisory Boards consist of a range of senior practitioners who provide valuable insights and advice on the latest developments in the industry. The school actively collaborates with its partners to bring industry experts into the classrooms, providing students with a rich and diverse learning experience and developing authentic assessments. Through its collaborations with industry partners, the GSBL is able to generate social impact and shape and inform policies relating to business and legal issues.

The school's focus is on partnering with industry to generate innovative solutions to business and legal problems, with a view to creating a positive impact on society. The Graduate School of Business and Law (GSBL) is engaged in interdisciplinary research that generates business, legal, and social impact outcomes that benefit its stakeholders and the wider community. The school's research is enriched by the combination of expertise in law and business, and by promoting dialogue and innovation between different disciplines. To further strengthen the ongoing connection between GSBL, its alumni, and industry partners, the university has established specialist research centres.

Also, the school collaborates with several aligned centres, including the Business and Human Rights Centre (BHRIGHT), the Centre for Innovative Justice (CIJ), the Centre for Cyber Security Research and Innovation, and the Blockchain Innovation Hub (BIH). These centres are leaders in their respective fields of research in Australia, and they leverage GSBL's unique strengths in interdisciplinary research. By collaborating with these centres, GSBL is able to further enhance its research capabilities and make meaningful contributions to the community.

*Source: https://www.rmit.edu.au/about/schools-colleges/graduate-school-of-business-and-law/about

5. Victoria University – Victoria University Business School (VU)

The Victoria University Business School at the University of Victoria in Melbourne, Australia is renowned for its commitment to industry-engaged learning and research. The school takes a hands-on approach to learning and aims to equip students with the practical skills and knowledge they need to succeed in the rapidly changing business landscape. It also offers an award-winning learning model that aims to equip students with practical skills and industry connections that are crucial to building their employability.

VU's business school is committed to delivering exceptional results and providing students with an outstanding learning experience. It also has a dedicated research centre, the Victoria University Business School's Centre for International Research on Education Systems (CIRES), which conducts cutting-edge research on topics such as education systems, learning outcomes, and industry engagement. The school's focus on industry engagement has helped it establish itself as the most industry-connected business school in Victoria. It works closely with various industry partners, including multinational corporations and start-ups, to provide students with hands-on learning opportunities that help them develop practical skills and build a professional network.

VU's business and management undergraduate courses have been ranked #1 in Victoria in two categories of the Student Experience Survey, based on aggregate data from 2018-19. The first category is "Were positive about their skills development" under current student experience, where 83.3% of students expressed their satisfaction. The second category is "Were satisfied with how their skills improved" under recent graduate satisfaction, where 83.5% of graduates expressed their satisfaction. These rankings are a testament to the school's commitment to delivering practical and effective business education.

*Source: https://www.vu.edu.au/about-vu/our-teaching-colleges-schools/victoria-university-business-school

6. Deakin University – Deakin Business School

Deakin Business School inspire, inform and enable positive change through progressive learning experiences for their students, harnessing the power of their ideas and innovations. They engage with their communities and partners and empower their students, staff and partners to create a better future. The education and employability, ideas and innovation, and engagement and partnerships offered by Deakin Business School are in alignment with the key areas of today's globally connected business community.

By holding both AACSB and EQUIS accreditations, Deakin Business School has achieved a position in the top 1% of business schools globally. These accreditations are highly prestigious and are only awarded to business schools that meet rigorous standards of quality, academic and professional excellence, and display a dedication to continuous improvement and innovation in their programs. This ensures that graduates of the school are equipped with the skills and knowledge to be competitive and employable worldwide.

Also, the MBA program offered by Deakin University has gained global recognition and has been accredited by EPAS, an international quality benchmark for business programs. According to the QS rating system, the program is deemed to have a strong curriculum and is widely recognised for its high graduate employability rate. Furthermore, the program has received a 5-star rating from the Graduate Management Association of Australia (GMAA), indicating its excellent quality and reputation in the country.

*Source: https://www.deakin.edu.au/business

7. Swinburne University – School of Business, Law and Entrepreneurship

The School of Business, Law and Entrepreneurship at Swinburne University offers a range of undergraduate and postgraduate programs that provide students with a comprehensive education in business, law and entrepreneurship. The school's programs are designed to prepare students to succeed in the competitive and rapidly changing world of business by offering a blend of theoretical knowledge and practical skills. The faculty is made up of experienced academics and industry professionals who are committed to providing students with a high-quality education that prepares them for the workforce.

Additionally, the school is equipped with state-of-the-art facilities and resources that support student learning and research. Through its innovative programs and commitment to excellence, the School of Business, Law and Entrepreneurship at Swinburne University is helping to shape the future of business education in Australia and beyond. Swinburne University has received accreditation from the Association to Advance Collegiate Schools of Business (AACSB) International, recognising the institution's demonstrated focus on excellence in all areas of its mission, including teaching, research, curriculam development, and student learning.

The AACSB accreditation is synonymous with the highest standard of quality, and Swinburne shares this accreditation with only five percent of the world's leading business schools. Additionally, the accreditation highlights the institution's commitment to continuous improvement in all areas of its operations.

*Source: https://www.swinburne.edu.au/about/our-structure/organisational-structure/schools-departments/school-business-law-entrepreneurship/

Melbourne boasts several top-notch business schools that offer students exceptional learning experiences, practical skills, and industry connections that prepare them for a successful career in the business world. These schools have earned a reputation for excellence both locally and globally, attracting students from all over the world.

Whether you are interested in undergraduate or postgraduate studies, these schools offer a wide range of programs to suit your needs and interests. With their commitment to innovation, research, and industry engagement, graduates of these schools are well-equipped to become leaders and change-makers in their chosen fields, locally and globally.

If you want to take admission to the top business schools in Melbourne, get in touch with international education experts at IDP. They will help you choose the university and specialisation for pursuing MBA in Australia.