Queensland cements its place as the clever state with three of the top five ranked MBAs.
UPDATE: Explore the latest Boss MBA Rankings here
HOW WE DID IT
The Financial Review Boss MBA Ranking has been published biennially since 2007.
All Australian business schools are invited to participate and are provided an overview of the methodology and invited to give feedback. Schools that participate can earn a maximum of 100 points: 55 points based on the responses of recent alumni who have graduated in the past three years, and 35 points based on data provided by the schools. Ten points are allocated to research output by business school faculty based on Excellence in Research Australia reports submitted by universities for books, book chapters, peer-reviewed journals and conference papers.
The alumni points are based on 24 measures. School points are allocated according to accreditation held by the school, qualifications of the school faculty, class sizes, research output and the rigour of enrolment requirements. Schools are asked to recheck data and explain substantial differences in any data we publish, comparing it to our previous ranking in 2011.
Although there have been changes in the methodology, these have been done in a way that rankings can still be compared. Boss does not rank based on salary changes (unlike some international rankings) because of the pay differences between cities.
HOW THE BOSS RANKING DIFFERS
For the Financial Times Global MBA ranking, 59 per cent of the total score is derived from alumni feedback. Two questions about salary account for 40 per cent of the total. A further 31 per cent of the score is from data provided by schools about students and faculties, and includes the international reach of the program. The final 10 per cent is based on research output. Only articles in 45 international journals are counted.
The Economist also ranks MBA programs.
In its research, 20 per cent of the score is derived from alumni feedback, mainly on salary increase (pre and post MBA). The remaining 80 per cent of the score is derived from school supplied data.
Financial Review Business Intelligence
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