Australia has been internationally recognised for its tertiary business and economics education, earning several places on the 2016-2017 Times Higher Education World University Rankings.
Six out of Australia’s 39 university business schools, faculties or colleges made it onto a list of 100 of the best universities and colleges from around the world, recognised specifically for the quality of their business and economics education.
The Aussie universities that made the top 100 list for their business and economics program include the Australian National University (ranked 36), University of Melbourne (ranked 39), University of Sydney (ranked 51), University of New South Wales (ranked 52), Monash University (ranked 63), and University of Queensland (ranked 73).
They were graded on courses including Business & Management, Accounting & Finance, Economics & Econometrics and Business and Economics courses. According to the Times higher Education website, the Australian business schools on the 2016-2017 University Rankings were judged on their core missions through a set of 13 separate performance indicators.
Their ultimate rankings were determined by broader provision in the fields of business and economics, rather than a ranking individual business schools or specific degrees and courses.
Taken into account were factors like academic prestige, research excellence and the teaching environment with an emphasis on the undergraduate experience.
The Times Higher Education World University Rankings 2016-2017 list the 980 top universities in the world, boasting an exclusivity as the only global university performance table to judge world class universities across all of their core missions – teaching, research, knowledge transfer and international outlook.
University of Oxford, California Institute of Technology and Stanford University claimed the top three spots, respectively on the overall rankings.
The University of Oxford’s number one ranking is, according to Times Higher Education, the first time in the 12-year history of the table that UK university has been on the top of the pile.
