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THE ECONOMIST’ S TOP 10 BUSINESS SCHOOLS
The Economist touts UQ MBA
University’ s Business School adds to its global reputation after years of leading the way in local tables.
University of Queensland Business School. Photo: UQ.
The University of Queensland has cracked the top 10 in The Economist’ s ranking of MBAs.
UQ Business School is placed No. 10 on The Economist’ s‘ Which MBA?’ ranking chart, rising six places from last year. It’ s followed by the University of Melbourne’ s Melbourne Business School at 34, and Macquarie University’ s Macquarie Graduate School of Management( MGSM) at 46.
Associate professor Len Coote, dean of UQ Business School, said this result strengthens his faculty’ s reputation.
“ The announcement confirms the results from the latest [ Australian Financial Review BOSS survey ] Australia’ s only
1. University of Chicago – Booth School of Business( US) 2. Northwestern University – Kellogg School of Management( US) 3. University of Virginia – Darden School of Business( US) 4. Harvard University – Harvard Business School( US) 5. Stanford University – Graduate School of Business( US) 6. Dartmouth College – Tuck School of Business( US) 7. University of California, Berkeley – Haas School of Business( US) 8. Universidad de Navarra – IESE Business School( Spain) 9. HEC School of Management, Paris( France) 10. University of Queensland Business School( Australia)
independent MBA ranking, which, since 2013, has identified the UQ Business School MBA as the best in the country,” Coote said.“ The UQ Business School has built an international reputation for excellence in business education and established itself as a leader in the Asia-Pacific region.
The Economist lists 100 business schools in its chart. It used data collected from two surveys to decide placement. A faculty’ s placement is decided on the potential of its MBA to open new career opportunities( 35 per cent), personal development and educational experience gained through the course( 35 per cent), increase in salary post-MBA( 20 per cent), and potential to network( 10 per cent).
The University of Chicago’ s Booth School of Business came first on the list, followed by Northwestern University’ s Kellogg School of Management, also in Chicago, and the University of Virginia’ s Darden School of Business. ■
Work for the Dole criticised
Program‘ coerces’ many students into private VET so they can hold onto Centrelink benefits, NCVER research finds.
Work for the Dole programs have funnelled many young people aged 15 to 19 into the scandal-ridden private VET sector, a new report from the National Centre for
Vocational Education Research has found, even though representatives from many of these colleges said they can’ t offer the support these students need.
Shedding light: Private‘ for profit’ training providers and young early school leavers stated that with TAFE funding cuts and restructures occurring across the nation, many 15- to 19-year-olds are turned off from the public system as facilities and campuses are shut down or downsized.
The report’ s authors interviewed representatives from 183 for-profit private VET providers nationwide and“ key industry stakeholders”. They also accessed the student data these colleges have. Almost 40 per cent of the respondents said they had students enrolled in courses simply because of hardline welfare policies that force young people into training in order to stay on Centrelink. These students, and those not on welfare, often come with a raft issues that the private colleges don’ t have the resources to address.
“[ We hear from students that ] Mum’ s on drugs, Dad’ s in jail, I’ m living with Grandma, or I’ m couch-surfing,” a South Australian private VET representative said to the researchers.“ They come to us with any number of personal problems that make training them harder,” was another response from a Victorian private VET provider.
A representative from a Queensland college said,“ It’ s easy to attract students; harder to keep them.”
Kira Clarke, one of the report’ s authors and an education policy expert from the University of Melbourne’ s Melbourne Graduate School of Education, said:“ We’ ve seen some coercion of young people to take up training once they’ ve left school early, as a part of their welfare or Centrelink requirements.” ■
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