20th September 2023

QUT has again been ranked in the top three of the 37 business schools in Australia, according to the AFR BOSS Best Business School national rankings released today.

QUT is the only university in Queensland to rank in the top 10 on the AFR BOSS Best Business Schools list, behind the University of New South Wales (#1) and the University of Melbourne (#2).

QUT was ranked 3rd on the overall combined ranking; 3rd for quality; 7th for career impact and 11th for reputation.

The results represent a three-place leap in quality ranking on last year’s results - and one place for reputation.

Professor Amanda Gudmundsson, executive dean of the QUT Faculty of Business and Law, said the secret to the QUT Business School’s success was being serious about engaging stakeholders.

“We do this by having students, alumni, industry and corporate partners, research partners engage with the co-design of courses, and the embedding of live industry cases for students to work through,” Professor Gudmundsson said.

“All students have the opportunity for work-integrated-learning experiences, international exchange, or participation in intensive study tours.

“For example, our MBA’s go on a study tour of North America, visiting our partner MIT Sloan School of Management and examining some of the challenges that business in the USA is facing.”

“Business in particular is a global activity, and therefore, it’s fundamental that our students are exposed to the challenges of their own backyard as well as those from around the world,” Professor Gudmundsson said.

“We have many opportunities for students to work with colleagues from diverse industries, medical to agricultural, mining to public sector – this is often where innovation can occur, when students are able to explore applications and insights from different sectors and apply them to their own sector.

“This engagement with contemporary local, national, and international business is something that is often reported as a strength of student experience here.”

QUT Vice-Chancellor Professor Margaret Sheil said the QUT Business School was the first to hold triple international accreditation with AACSB, EQUIS and AMBA and had maintained it for 20 years.

“Only Monash and the University of Sydney also have the triple crown in Australia,” Professor Sheil said.

“International accrediting agencies and Deans from peer schools around the world are continuously reviewing our courses, staff, research, engagement, and industry impact.

“The continuous review process means that at QUT we are always seeking ways to innovate and improve the student experiences within our curriculum and ensure that our students and graduates are focused on contemporary industry challenges which may arise from our research or industry partners.”

In 2022 the AFR BOSS Best Business Schools ranking replaced the BOSS MBA rankings and is the only domestic ranking of business schools in Australia.

Media contact:

Pat Whyte, QUT Media, 07 3138 1150, patrick.whyte@qut.edu.au

After hours: 0407 585 901, media@qut.edu.a

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