Best universities for business degrees in Australia 2022

Find the best Australian universities for business degrees using Times Higher Education’s World University Rankings 2022 data

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October 21 2021
Melbourne, Australia


Australia is one of the most popular destinations for international students due to its high-ranking universities and strong economy. 

Australian institutions offer a range of industry experiences to ensure that business students graduate ready for employment.

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Students can choose from a broad spectrum of business studies across numerous universities and colleges, many of which are among the best in the world. Whether you are an undergraduate student taking your first steps into higher education or a professional looking for skills to advance your career, different options are available across Australian universities. 

All the business courses in Australia are recognised globally, and Australian business qualifications place a strong focus on international thinking in an environment that combines Eastern and Western perspectives of business and management.

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1. The University of Queensland

The University of Queensland is a public research university located primarily in Brisbane, the state capital of Queensland. 

The UQ Business School offers MBA courses in areas including accounting, business information systems, finance, management, marketing, strategy and tourism. 

The business school is home to academies such as the Startup and Social Entrepreneurship academies; the latter provides students with workshops and mentoring sessions to help them get their business ideas and social enterprises off the ground.  

The bachelor of business course, available for undergraduate students, offers students the opportunity to tailor their course content across seven majors. Students benefit from guest lectures from industry figures as well as placement and internship opportunities. 

2. University of Melbourne

The University of Melbourne is a public research university in Melbourne, Australia.

Melbourne Business School is the University of Melbourne’s graduate school in business and economics. 

Programmes are available at master’s level and beyond; areas include economics, finance, human resources and actuarial science.

For undergraduate students, the bachelor of commerce is a good foundation for a career or further study. Within the bachelor’s degree, students can choose between six majors based on their interests. These include accounting, actuarial studies, economics, finance, management and marketing. Students can also choose to do a double major and combine any of these two specialisations. 

Notable alumni of the University of Melbourne include former prime minister of Australia Julia Gillard, author and academic Germaine Greer, comedian Ronny Chieng and chef, restaurateur and food writer Stephanie Alexander. Eight Nobel laureates have graduated from the institution.

3. Monash University

Monash University was founded in 1958 and is the largest university in Australia in terms of student numbers. 

It is a member of the Group of Eight, an organisation of Australia’s leading research universities.

The Monash Business School comprises seven departments and four cross-disciplinary research centres. There are undergraduate and postgraduate courses as well as short courses, seminars and workshops for mid-career professionals. 

Student clubs associated with the business school include the Business and Commerce Student’s Society, the Computing and Commerce Association and many more. 

The business school has links with other business schools around the world to facilitate student exchanges and research partnerships. 

4. UNSW Sydney

UNSW Sydney is an Australian public research university located on a 38-hectare site at Kensington, 5km from the centre of Sydney. 

The UNSW Business School offers both undergraduate and postgraduate business degrees. Foundation studies offer international students from Hong Kong, India, Indonesia, Malaysia, Singapore and Vietnam a pathway to the business school’s bachelor degrees.

The UNSW Business School’s academic staff include Harald van Heerde – ranked seventh most productive marketing scholar worldwide for his contribution to the field of marketing.

UNSW has produced more millionaire graduates than any other Australian university, and the UNSW Business School counts Atlassian co-founders Scott Farquhar and Mike Cannon-Brookes among its global alumni. 

UNSW Business School  runs Career Accelerator, which integrates business studies with hands-on work experience and career development. The programme provides internships and consultancy projects in Australia and overseas.

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5. Australian National University

The Australian National University (ANU) is a national research university located in Australia’s capital city, Canberra. 

The ANU College of Business and Economics offers research and education across four research schools: accounting; economics; finance, actuarial studies and statistics; and management.

The university will allow international students from some countries to transfer credits from previous courses onto an ANU undergraduate degree. 

Students are also able to take part in extracurricular clubs and programmes to network with like-minded students and receive advice on starting their own business. One such programme is the Global Business Immersion course, which helps students to understand global and cultural practices in businesses and includes a visit to one or more countries for up to 11 days.

The internship programme and international jobs board enable students to browse opportunities across the globe. 

Top Australian universities for business and economics 2022

Click each institution to view its World University Rankings 2022 profile

Australia Business Rank 2022 WUR Business Rank 2022 University City
1 =39 The University of Queensland Brisbane
2 43 University of Melbourne Melbourne
3 =53 Monash University Melbourne
4 =55 UNSW Sydney Kensington
5 80 Australian National University Canberra
=6 101–125 Griffith University Brisbane, Gold Coast, Logan
=6 101–125 University of Sydney Sydney
=6 101–125 University of Technology Sydney Sydney
=9 126–150 Queensland University of Technology Brisbane
=9 126–150 University of South Australia Adelaide
=11 151–175 Macquarie University Sydney
=11 151–175 The University of Western Australia Perth
=13 176–200 Deakin University Geelong
=13 176–200 University of Newcastle Callaghan
=15 201–250 University of Adelaide Adelaide
=15 201–250 University of Canberra Canberra
=15 201–250 Edith Cowan University Joondalup
=15 201–250 La Trobe University Melbourne
=15 201–250 University of Wollongong Wollongong
=20 251–300 RMIT University Melbourne
=20 251–300 Victoria University Melbourne
=22 301–400 Curtin University Perth
=22 301–400 Murdoch University Murdoch
=22 301–400 James Cook University Townsville City
=22 301–400 University of Southern Queensland Toowoomba
=22 301–400 Swinburne University of Technology Hawthorn
=27 401–500 Bond University Gold Coast
=27 401–500 University of the Sunshine Coast Sunshine Coast
=27 401–500 University of Tasmania Hobart
=27 401–500 Western Sydney University Sydney
=31 501–600 Central Queensland University Rockhampton
=31 501–600 Charles Sturt University Bathurst
=33 601+ Federation University Australia Brisbane
=33 601+ Southern Cross University Lismore

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