Today, business is at the heart of our society, as it is the driving force behind the global economy. Whether you are the heir to a business, an aspiring CEO, or are interested in business and want to enter the workforce, a solid foundation is ideal and necessary to start with.

These top business schools in Australia listed below have an outstanding reputation in the business and can help you kick start your career.

Top Business Schools in Australia

1. University of Melbourne

The University of Melbourne‘s Melbourne Business School is the best business school in Australia because it has received numerous distinctions in the business world and has consistently ranked first in a variety of reputable publications. Among them are the top schools in Australia that offer MBA programs and Master of Business Analytics programs in both Australia and Asia.

Aside from its 2-year Master’s program, the school also provides a variety of 3-year undergraduate majors in the field, online and short courses for people seeking to advance their skills in specific areas of the field, and nurtures and guides doctoral students in their research and pursuit of excellence.

2. University of Queensland

The University of Queensland‘s business school is part of the faculty of business, economics, and law (BEL), which takes pride in its competitive and distinguished teaching force, which includes renowned business leaders who impart their expertise and know-how to its students. It boasts about the various opportunities available to its students due to the extensive network between the three faculty and the close relationship with its alumni.

In the last ten years, the school’s teaching staff has received 16 national teaching awards and has been ranked first in Australia for producing quality graduates. 3-year undergraduate courses can be combined with a 1-year honors program, enriching the course with research; master’s degrees can be completed in 1-2 years, and Ph.D. degrees can be completed in 3-4 years.

3. University of the New South Wales Sydney

The University of New South Wales‘s business school is among the most prestigious business schools in Australia. It has a reputation for academic excellence due to the unquestionable qualifications of its teaching staff and high-achieving students.

The SFR Top 100 Future Leaders Award presented the school with the Most Employable Students award in 2021. It has also made a name for itself in research, which has resulted in government funding along with several well-regarded accreditations.

Undergraduate studies can be pursued in two ways: as a three-year bachelor’s degree or as a four-year double degree, in which you can pursue two majors concurrently. Master’s degrees can be pursued for a maximum of two years, and the school also offers several Ph.D. courses that can be completed in four years.

4. Monash University

Monash University in Australia has also established a business school in its branches in Malaysia, China, and Italy. The school provides high-quality education and a wide range of study options, including double-degree programs and research studies for those seeking higher education.

This top business school in Australia also has collaborations with various industries and institutions all over the world, providing its students with a wide range of opportunities and experiences in the field.

Undergraduate courses can be taken as part of a three-year bachelor’s degree, a three-year comprehensive course in which students can take electives from other courses to broaden their study and cater to their interests, or a four-year double degree. Master’s and Doctor of Philosophy degrees are also available.

5. University of Western Australia

The University of Western Australia‘s business school has a high-quality facility that can help students become more competent in the business world; one of these is the newly acquired Financial Markets Trading Room. The school also boasts more about its rooms and facilities, which develop an innovative new approach to teaching and learning.

The school also takes pride in its students’ achievements in research and other competitions, as evidenced by awards, recognition, and funding grants to its students from various private industries.

Undergraduate courses can be completed in three years, and master’s degrees can be completed in two years. With the Bachelor of Economics/Master of Economics program, the school also offers a four-year combination of undergraduate and postgraduate study.

6. University of Sydney

The University of Sydney was Australia’s first university to establish a business school. It provides its students with practice-based learning. The school places a high value on its students’ abilities, producing graduates who can easily perform and actively participate in the industry. It is committed to providing students with internships and on-the-job training to help them hone their skills and realize their full potential.

Undergraduate programs last three years, Master’s programs last 1.5 to two years, and Ph.D. programs last three to four years. Master’s and Doctor of Philosophy degrees are available for post-graduate research.

7. Royal Melbourne Institute of Technology

  • Study Program
  • Degree/s Offered: Bachelor’s, Master’s, Ph.D.

Royal Melbourne Institute of Technology is a highly adaptive and innovative university in Australia that was the first to offer a degree in blockchain and information systems, and it is also ranked third in the world in this field of study. Students are also given the freedom to choose their electives, which can be related to their course or in a completely different field.

This top business school in Australia takes pride in its futuristic approach to learning and has changed its traditional curriculum to a more adaptive and problem-based approach to learning. The school is also well-known for its support of student start-ups, with millions of dollars set aside specifically for this purpose.

In addition to their three-year undergraduate, two-year master’s, and three-to-four-year doctorate programs, the school offers a variety of vocational certificates and diplomas as well.

8. Australian National University

Australian National University is a leading university in Australia’s capital Canberra, established in 1946. Its business school, the College of Business and Economics (CBE) has grown to become a leading business school in Australia, with a strong reputation for teaching and research excellence.

The school also has a diverse student body, with alumni from over 100 countries. The ANU CBE offers nine undergraduate and 31 postgraduate programs, as well as graduate research programs. There are scholarship opportunities for all levels.

The school offers many employability initiatives to help students build skills. The ANU CBE has a strong focus on research and hosts specialized Centers and Labs to tackle the most pressing issues in the field. These include John Mitchell’s Economics of Poverty Lab, the Centre for Economic Policy, and the Centre for Economic History.

9. University of Technology Sydney

The University of Technology Sydney (UTS) is a public research university in Sydney, home to one of the country’s leading business schools. It offers a range of undergraduate, postgraduate, and research programs.

The UTS Business School has a strong research focus, with research carried out across its five academic disciplines. It also has several research centers such as Behavioral Science and Policy Design, and Business Intelligence and Data Analytics. The school’s commitment to innovation and research excellence has led to it being accredited by the prestigious AACSB (Association to Advance Collegiate Schools of Business)

What sets this business school apart is its social orientation – it aims to be socially committed and contribute to the public good, and this is at the heart of its academics and research.

10. Deakin University

Deakin University is a public university located in Victoria and is home to one of the top business schools in Australia. The Deakin Business School has six academic departments and offers many undergraduate and postgraduate courses. At the postgraduate level, the business school offers several degree options including graduate certificates, graduate diplomas, master’s, and PhDs.

To expose students to global experiences, the Deakin Business School has partnerships with several leading international universities for short-term, full-trimester, and even double-degree programs. It also offers overseas work-integrated learning programs.

The Deakin Business School is internationally recognized and accredited by AACSB (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System).

11. Griffith University

Griffith University is a public research university located in Queensland and houses the Griffith Business School, one of the sought-after business schools in Australia.

At the undergraduate level, the Griffith Business School provides a range of programs, including honors programs. At the postgraduate level, it offers taught master’s degrees, research degrees, and graduate certificate courses. As a leading business school, it offers many opportunities for the professional development of students, including student leadership programs and business internships.

The Griffith Business School has several research centers, including the Centre for Work, Organization and Wellbeing, Griffith Asia Institute, and the Griffith Institute for Tourism. The school is accredited by AACSB (Association to Advance Collegiate Schools of Business), which is a recognition of its high-quality teaching and research standards.

12. Macquarie University

Macquarie University is a public university in Sydney. The university’s Macquarie Business School is one of the best business schools in Australia, offering a range of undergraduate, postgraduate, and higher-degree research programs.

The business school is a top destination to study in the country – its Master of Applied Finance and Master of Marketing is ranked first in Australia in the QS World University Rankings 2023, and its MBA program is ranked the third best in the country. The Macquarie Business School is also internationally recognized, with the prestigious AACSB (Association to Advance Collegiate Schools of Business) accreditation.

Its main research expertise is in the areas of health and social care, sustainability, data and analytics, and markets. The school has several research centers, including the Centre for Corporate Sustainability and Environmental Finance, the Centre for Health Economy, and the Centre for Workforce Futures.

13. University of Newcastle

The University of Newcastle is a public research university located in New South Wales, Australia. The Newcastle Business School is a well-known institute in Australia, offering several undergraduate, postgraduate, and research degree programs. Undergraduate degrees offered by the school are in the areas of Business and Commerce, with several specializations on offer. At the postgraduate level, apart from the MBA, the school offers many specialized master’s degrees as well as combined degree programs.

The school is internationally recognized for its quality education, as evidenced by its accreditation by AACSB (Association to Advance Collegiate Schools of Business) and EQUIS (EFMD Program Accreditation System). Students at the school have many exciting opportunities to build their skills and develop professionally, including initiatives such as the Greater Bank Finance Lab and Marketing Technology Lab.


Australia is home to some of the best business schools in the world. The schools mentioned here offer high-quality education, cutting-edge facilities, innovative research prospects, and professional development opportunities. Pursuing an MBA or other business-related degrees in Australia can be a life-changing experience that can propel your career to new heights.


We hope that this article on Best Business Schools in Australia was helpful. Make sure to also check out the Available Business Programs for International Students!

About the Author: Hyun Lee

Hi! I am Hyun, and I am the founder at Global Scholarships. I've received a full-tuition scholarship at Birmingham-Southern College and a $1,000 Burger King Scholarship for my undergraduate degree and was offered a fully funded scholarship consisting of tuition, living stipend, and health insurance for computer science Ph.D. program at North Carolina State University. You can read more about my scholarship journey here. If you are interested, you can follow me on Linkedin where I regularly write about scholarship opportunities.

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