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Best universities for business degrees in Australia 2024

Find the best Australian universities for business degrees using Times Higher Education’s World University Rankings 2024 data

  • Study abroad
November 17 2023
Melbourne, Australia


Top 10 universities in Australia for business degrees 2024

Scroll down for the full list of best universities for business in Australia

Australia Business Rank 2023 WUR Business Rank 2023 University City
1 35 University of Melbourne Melbourne
2 39 Monash University Melbourne
3 51 The University of Queensland Brisbane
4 55 Australian National University Canberra
5 72 UNSW Sydney Kensington
6 88 University of Sydney Sydney
=7 101–125 Griffith University Brisbane, Gold Coast, Logan
=7 101–125 The University of Western Australia Perth
=9 126–150 Queensland University of Technology Brisbane
=9 126–150 University of Technology Sydney Sydney

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

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

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. 

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5. 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. 

4. University of Sydney

The University of Sydney Business School was established in 2011 and was formed from the School of Business within the previous Faculty of Economics and Business. 

Subjects taught within the school include accounting, business analytics, business law, finance and marketing among others. 

The school offers courses at all levels including undergraduate, postgraduate and PhD. 

The faculty produces a range of academic journals including Labour History, Australian Accounting Review and International Journal of Information Management. 

The Careers and Employability Office helps students to plan their careers and and connect with recruiters and companies to arrange jobs and internship opportunities. 

3. 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 allows 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 other 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. 

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2. 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. 

1. 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.

Top Australian universities for business and economics 2024

Click each institution to view its World University Rankings 2024 profile

Australia business rank 2024  Business rank 2024  University City
1  41  University of Melbourne Melbourne
2  46  Monash University Melbourne
3  55  Australian National University Canberra
4  =70  University of Sydney Sydney
5  74  The University of Queensland Brisbane
6  =97  UNSW Sydney Kensington
7  101–125  Queensland University of Technology Brisbane
=8  126–150  Griffith University Brisbane, Gold Coast, Logan
=8  126–150  Macquarie University Sydney
=8  126–150  RMIT University Melbourne
=8  126–150  University of Technology Sydney Sydney
=8  126–150  The University of Western Australia Perth
=13  151–175  University of Newcastle Callaghan
=13  151–175  Swinburne University of Technology Hawthorn
=15  176–200  University of Adelaide Adelaide
=15  176–200  Curtin University Perth
=15  176–200  University of South Australia Adelaide
=15  176–200  University of Wollongong Wollongong
=19  201–250  Deakin University Geelong
=19  201–250  Edith Cowan University Joondalup
20  251–300  La Trobe University Melbourne
=21  301–400  Central Queensland University Rockhampton
=21  301–400  James Cook University Cairns, Townsville
=21  301–400  University of Southern Queensland Toowoomba
=21  301–400  University of Tasmania Hobart
=21  301–400  Victoria University Melbourne
=21  301–400  Western Sydney University Sydney
=27  401–500  Bond University Gold Coast
=27  401–500  University of Canberra Canberra
=27  401–500  Murdoch University Murdoch
30  501–600  University of the Sunshine Coast Sunshine Coast
=31  601–800  Charles Sturt University Bathurst
=31  601–800  Federation University Australia Ballarat
=31  601–800  Southern Cross University Lismore

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