Four full-time, Australian Master of Business Administration (MBA) programs have secured a place in the top 100 in the world in the latest ranking compiled by global business school and higher education analyst Quacquarelli Symonds.

The QS Global MBA and Business Master’s Rankings 2025 spans 58 countries and territories, analysing the world’s 340 best global MBAs.

Data for the QS MBA ranking is collected via surveys of employers, academics, and business school staff. MBA programs are ranked based on five key metrics, with each given different weighting: Employability (40%); Return on Investment (20%); Entrepreneurship and Alumni Outcomes (15%); Thought Leadership (15%); Class & Faculty Diversity (10%).

Employability is the central metric for the QS MBA Ranking, meaning the higher a program is ranked the better your post-MBA jobs prospects are, according to QS. To be included in the QS MBA ranking, business schools must be accredited by either AACSB, AMBA, or EFMD (EQUIS).

Melbourne Business School was the highest ranked of the Australian MBA programs at 32nd, down two spots from 30th in 2024. the result was built on high scores for Thought Leadership (91.8) and the region’s best score for Employability (72.7) and Return on Investment (73).

AGSM @ UNSW was 33rd globally with an overall score of 74.8 with high scores for Diversity (91.7) and Thought Leadership (89.2)

University of Sydney Business School was 45th (2024: 50th) while the University of Queensland full-time MBA was 81st (2024: 75th).

A further 10 Australian MBA programs were ranked outside the top 100.

QS President Nunzio Quacquarelli said the rankings were designed to offer independent insights for career-driven students navigating the global business education landscape.

“By providing a detailed comparative analysis, these rankings help prospective students make informed decisions about programs that align with their career goals,” he said.

“Whether aiming to lead in corporations, innovate in start-ups, or impact the public sector, students can use these insights to shape their professional paths. We encourage future business leaders to explore these findings, engage with peers and mentors, and utilise expert guidance at our in-person and virtual master’s and MBA networking events.”

The United States continues to dominate the global ranking, with all three top spots occupied by US business schools. For the fifth consecutive year, Stanford GSB’s MBA is named the world’s #1, while The Wharton School remains second, followed by Harvard Business School in third. Stanford GSB’s superiority is underpinned by the world’s best Alumni Outcomes alongside exceptional Graduate Employability.

Global MBA Ranking: Overview

• Asia’s best MBA provider is the National University of Singapore Business School, which ranks 25th, globally. It performs excellently in QS’ Employability indicator, where it achieves Asia’s highest score. It is also among the region’s top performers in Alumni Outcomes and Thought Leadership.
• In Canada, Toronto (Rotman) remains the highest-ranked MBA, placing 39^th globally and the only Canadian business school in the world’s top 50. It is the national leader for Employability, Thought Leadership, and Diversity.
• China’s highest-ranked full-time MBA program is offered by Tsinghua University, which places 29th. It is Asia’s second highest-ranked MBA due to its Thought Leadership, Employability, and Return on Investment.
• Driven by Europe’s highest score for Thought Leadership and outstanding Alumni Outcomes and Return on Investment, HEC Paris boasts Continental Europe’s best MBA, ranking 6^th globally. It is followed by IE Business School in Spain, ranking 9th overall.
• EGADE Business School in Mexico ranks 56th, taking Latin America’s highest position. It enjoys the region’s best Alumni Outcomes and Thought Leadership scores. Costa Rica’s INCAE Business School is home to Latin America’s only other MBA in the global top 100, placing 95^th thanks to its strong Employability.
• AUB (Suliman S. Olayan) in Lebanon is the Arab Region’s best full-time MBA provider. It ranks 79^th globally. This rank is underpinned by exceptional Return on Investment and Alumni Outcomes.
• Melbourne Business School is the national leader in Australia and home to Oceania’s best MBA program. It ranks 32nd globally thanks to world-class Thought Leadership and the region’s best score for Employability and Return on Investment. It is followed closely by UNSW (AGSM) in 33^rd.
• In the United Kingdom, London Business School takes the highest rank, placing fifth globally. It boasts the world’s third highest score for Employability and is among the world’s top five in Alumni Outcomes and Thought Leadership.

QS President Nunzio Quacquarelli said: “The QS Graduate Management Education rankings offer independent insights for career-driven students navigating the global business education landscape. By providing a detailed comparative analysis, these rankings help prospective students make informed decisions about programs that align with their career goals. Whether aiming to lead in corporations, innovate in start-ups, or impact the public sector, students can use these insights to shape their professional paths. We encourage future business leaders to explore these findings, engage with peers and mentors, and utilize expert guidance at our in-person and virtual master’s and MBA networking events.”