University of Queensland Business School ranks highly among peers
MBA News Barbara Barkhausen / 11-12-2010
Don’t be misled by Australian sunshine, beaches and the surfing ads that you might have seen on television. Australians are hard working people and have succeeded in creating great wealth with their diverse business ventures. No wonder, that Australian education is valued highly in neighbouring Asian countries and education has become an important export market for the Australian economy. One of these success stories is the University of Queensland Business School.
The business school was formed as part of the University of Queensland in 2001. Currently there are 5000 students enrolled. It was the first business school in Australia to be accredited by the US-based AACSB International and Europe's Equis accreditation. A recent survey by The Economist ranked it number 81 in the world. In the category work experience it was even rated numer 1 and for student quality number 4.
Academic Dean and Head of School Professor Iain Watson says about his school: "We know how important the peer group is to a quality MBA. Our average of 14 years work experience is driven by our belief that the MBA is a program for experienced professionals rather than an early-career choice or a direct transition from an undergraduate degree."
The University of Queensland Business School belief is that when students have meaningful work experience they are much better equipped to participate in class and contribute equally to group assessment.
Hands-on experience plays an important role in the curriculum, too. In a new initiative the Business School works closely with the Wharton School of the University of Pennsylvania, US. Students from both business schools have the goal to develop strategies for Brisbane-based active-wear retailer Lorna Jane and manufacturer OneSteel Australian Tube Mills. Both companies plan to enter the US market in the near future.
Wide range of offers
The University of Queensland Business School offers include undergraduate, postgraduate course work, and postgraduate research programs in business, commerce, and management. The Business School is part of The University of Queensland, the largest and oldest university in Queensland. In 2009, it was ranked 41st in the World University Rankings, compiled by The Times Higher Education Supplement.
Dr Martina Linnenlücke, a German lecturer for strategy and sustainability at the business school, was attracted by the university's high standard in education and research, but also by its vast social offers. "There are plenty of sport activities and clubs and help is always on hand if needed. Especially international students are supported finding a place to live or a job next to their studies if they want to work the 20 hours per week that they are allowed during their studies in Australia."
Location, location, location
The school is only seven kilometres from Brisbane's inner city. Brisbane is the capital of the so called sunshine state Queensland in the Northeast of Australia. The school is hosted on a big 114-hectare site in a bend of the Brisbane River, a tropical setting with warm weather all year round and attractive beaches a short drive away. So who has worked hard, can still follow the ad and actually go for a dip in the surf.
Sources: www.business.uq.edu.au, www.economist.com/whichmba/2010/schools-ranking, press release noirsurblanc.com, own research