BlogUniversityTop 5 Business Schools in Australia for 2021 Revealed

Top 5 Business Schools in Australia for 2021 Revealed

Do you picture yourself managing a successful business, whether it be your own, a start-up or a long-established company? Wondering which business school is the best?

If this is you, make your vision a reality by studying at one of the top 5 ranking Universities in Australia for business management.

Check out the final cut here!

#5. The Australian National University 

ANU Business School

Image sourced from B&T

Rankings

According to QS World University Ranking by Subject 2020, The Australian National University (ANU) is the 5th best university in Australia for Business and Management.

What’s even better, QS World University Rankings 2021 ranked ANU as the #1 university in Australia and #31 in the world.

About

The Australian National University is home to more than 26,000 students and was founded by the Australian Government in 1946 with a mission to stand among the great universities of the world. ANU has strong ties to the nations policy makers, setting the standard on issues of both national and international importance. 

If you see yourself studying business and management at this prestigious university, you can study a Bachelor of Commerce. The BCOMM is a 3 year full-time degree and is offered by the College of Business and Economics. 

What is the Bachelor of Commerce at ANU?

The Bachelor of Commerce degree will help you meet the challenges of a changing business environment, critically analyse emerging business issues and be exposed to scholarly research on both a national and global level. This degree will also give you the knowledge-base to start a successful new business, lead an organisation or manage a project.

The BCOMM gives you the option to choose from a broad range of majors, allowing you to customise your degree into what you want it to be! These are your options:

    • Accounting
    • Business Information Systems
    • Corporate Sustainability
    • Economic Studies
    • Finance
    • International Business
    • Management and Marketing

As of 2018, 6,858 students were studying management and commerce subjects.

If you believe you are eligible for a scholarship, search the list of ANU scholarships on offer here. Business related scholarships include, ANU College of Business and Economics Terrell Scholarship and the Community Engagement Award.

Entry Requirements 

To gain entry into this exciting degree, students must have:

    • Minimum ATAR of 80
    • There are no formal program prerequisites but an assumed knowledge of Mathematics is advantageous

For more information about alternative entry schemes, click here!

#4. Monash University 

Monash Business School

Image sourced from Monash University

Rankings

World University Ranking by Subject 2020 has listed Monash University as the 4th top university in Australia for Business and Management.

The school is ranked 44th globally for Business and Management by QS World University Rankings 2020. 

Monash University is also listed as the 6th best university in Australia by QS World University Rankings 2021.

About

Named after Sir John Monash and fuelled by his desire for students to leave with a greater sense of purpose and a desire for positive change, Monash University is the largest university in Australia with 86,753 students enrolled in 2019.

Founded in 1958, Monash University is a recognised world leader in research, with many ideas becoming commercialised around the world, such as the new Malaria vaccine and 3D printing engines.

What are the degrees on offer for Business and Management?

This high-esteemed university offers students both a Bachelor of Business or a Bachelor of Commerce. The Business degree is studied at the Caulfield campus, whereas the Commerce degree is studied at the Clayton campus. 

Both courses are 3-year full-time degrees. The Bachelor of Commerce degree will teach you to apply your thinking in a commercial capacity to influence change, as it encompasses skills such as decision-making, leadership, innovation and policy development.

The Bachelor of Business, on the other hand, will help you learn how to thrive in a competitive business landscape and acquire expertise in your chosen area of business practice. Choose which degree is for you by narrowing down your major preferences! 

Commerce MajorsBusiness Majors
- Accounting
- Actuarial Studies
- Behavioural Commerce
- Business Analytics
- Business Law
- Econometrics
- Economics
- Finance
- Management Studies
- Marketing Science
- Mathematical Foundations of Econometrics
- Sustainability
- Business Management
- Accounting
- Banking and Finance
- Business Analytics and Statistics
- Business Law
- Business Studies
- Economics and Business Strategy
- Financial Econometrics
- Human Resource Management
- International Business
- Marketing and Taxation

In 2018, 23,974 students were studying management and commerce.

Monash offers numerous scholarships within the areas of business and management. You can find more information about what’s on offer to prospective students here!

Entry Requirements 

For a Bachelor of Commerce, you need:

    • 86 ATAR Guaranteed Entry
    • HSC Prerequisite Subjects: English and Mathematics  

For a Bachelor of Business, you need:

    • 75 ATAR Guaranteed Entry 
    • HSC Prerequisite Subjects: English and Mathematics 

As the ATAR does not necessarily reflect academic ability, you can search Monash entry schemes here.

#3. The University of Sydney 

USYD Business School

Image sourced from McGregor Coxall

Rankings

According to QS World University Ranking by Subject 2020, The University of Sydney is the 3rd university in Australia for Business and Management.

The school is ranked 41st globally for Business and Management by QS World University Rankings 2020. 

Furthermore, QS World University Rankings ranked The University of Sydney as the 2nd best university in Australia in 2021.

About

Established in 1850, The University of Sydney (USYD) is the first and oldest university in Australia and is regarded as one of the world’s leading universities. The USYD community includes more than 63,000 students, 3,400 academic staff and 320,000 alumni. 

If you are looking to study business and management at USYD, you can study a Bachelor of Commerce within the Sydney University Business School at the Camperdown Campus.

What is a Bachelor of Commerce at USYD?

This is a 3-year full-time course that combines theory and practice in order to build a strong understanding of how businesses operate. Whether you want to run your own business or work in one, this degree will help you gain the analytical, technical and practical skills needed to maintain a successful career in business and management. 

On top of this, USYD was ranked #4 in the world and #1 in Australia for graduate employability, according to QS Graduate Employability Rankings 2020. 

Students can choose up to two majors from the wide range of business subject areas including, accounting, banking, business analytics, business information systems, business law, finance, industrial relations, human resource management, international business, marketing, and management.

As of 2018, 15,328 students were studying management and commerce subjects.

USYD offers a number of scholarships within the business and management field. Some of which are, The Anstice MBA Scholarship for Community Leadership, David W Johnson Scholarship and Inspired by Business Scholarship.

Find more scholarships here!

Entry Requirements 

If you are looking to study business and management at USYD, you just have to follow these steps:

  • Minimum ATAR of 95
  • HSC Prerequisite Subjects: Mathematics Advanced (Band 4)

Admission pathways are available for educationally disadvantaged applicants. Find them here.

Learn more about what it’s like to study a Bachelor of Commerce at USYD here!

#2. The University of New South Wales

UNSW Business School

Image sourced from UNSW Business School

Rankings

World University Ranking by Subject 2020 has listed The University of New South Wales (UNSW) as the 2nd top university in Australia for Business and Management.

The school is ranked 34th globally for Business and Management by QS World University Rankings 2020. 

UNSW is also listed as the 4th best university in Australia by QS World University Rankings 2021.

About

Established in 1949, UNSW is a world-leading university that has a diverse community of 64,000 students from over 130 countries. UNSW is a pioneer in research, teaching and innovation, and gives students the tools to pursue their passions. 

For those interested in business and management, you can study a Bachelor of Commerce within the UNSW Business School. 

What is a Bachelor of Commerce at UNSW?

The 3-year full-time degree will help students understand business essentials from day one. A Bachelor of Commerce also has career development and professional experience built into the course, enhancing graduate employability. It gets even better — upon completion of your degree, you’ll even develop a digital graduate portfolio that demonstrates your skill set to future employers.

The Bachelor of Commerce degree offers students a variety of majors to choose from, including:

    • Accounting
    • Finance
    • Economics
    • Information Systems
    • Business Analytics
    • Fintech
    • Human Resources
    • Taxation
    • International Business
    • Marketing

In 2018, 18,120 students were studying management and commerce subjects.

UNSW offers a large range of scholarships for those who face barriers that prevent them from gaining entry into higher education. You can search from the list of scholarships here!

Entry Requirements 

In order to gain entry into the Bachelor of Commerce degree at UNSW, you must have:

  • 96 ATAR for Guaranteed Entry
  • HSC Subject Assumed Knowledge: Mathematics Advanced
  • Recommended studies: English Advanced, Mathematics Extension 1

To explore other accepted qualifications for high school graduates, click here. 

Discover what it’s really like to study a Bachelor of Commerce at UNSW here! 

#1. The University of Melbourne 

Image sourced from The University of Melbourne

Rankings

According to QS World University Ranking by Subject 2020, The University of Melbourne is the top university in Australia for Business and Management.

The school is ranked 26th globally for Business and Management by QS World University Rankings 2020. 

On top of this, QS World University Rankings listed The University of Melbourne as the 3rd best university in Australia in 2021.

About

What was once a cluster of buildings in a large park in 1853, with four professors and sixteen students, is now a world-renowned university with 8,000 academic and professional staff and a vibrant student body of 65,000. 

The University of Melbourne offers a 3-year full-time Bachelor of Commerce degree, which will not only equip students with the skills needed to solve key business challenges but will help students envision a career where they can forge their own path and make a difference.

The undergraduate degree is provided by the Faculty of Business and Economics, located in the Parkville campus. 

Students can choose from six majors, one of which is ‘Management.’ A major in Management is ideal if you wish to boost your leadership and decision-making skills, whilst learning about your own personal effectiveness and how to work in teams. 

As of 2018, The University of Melbourne had 13,262 students studying management and commerce. 80% of graduates are employed full-time within four months of graduating!

The University of Melbourne also has comprehensive scholarship programs. You can find key scholarships for commerce students here!

Entry Requirements 

Students applying for a Bachelor of Commerce degree must meet the following requirements:

    • Minimum ATAR of 93, however, Access Melbourne takes into account unique personal circumstances, making your application eligible for special consideration. 
    • HSC Subject Prerequisites (equivalent): English/ESL and Mathematics/Mathematics Extension 1 or 2.

Find more admission information based on your current circumstances here!


Thomasin McCuaig is a Content Writer at Art of Smart and an Arts graduate with majors in English and Theatre and Performance Studies at the University of Sydney. Thomasin is a passionate writer, singer and drama teacher, who has had her work published in Holidays with Kids, Signature Luxury Travel and Style and Offspring Magazine. Thomasin also writes junior plays for her students and aims to publish a novel someday. During the COVID isolation period, Thomasin put her passion into practise and launched her own writing and editing business, ‘Re:Write Editing.’ In her spare time you will find her either napping, talking to her cats or looking up real estate for absolutely no reason at all. Fun fact: Thomasin appeared on Japanese morning breakfast show ‘ZIP!’ as a travel reporter, where she presented a six day exposé of Sydney!

 

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