Amid challenging economic times, one business school has risen above all others in Asia-Pacific to become a global leader in grooming managers from the world of finance and accounting to confront the turmoil.
Macquarie Graduate School of Management (MGSM) at Macquarie University in Sydney, which offers postgraduate programmes locally through the Hong Kong Management Association (HKMA), has long been renowned as Australia's premier seat of business learning. But this year, the school has surpassed even itself.
In the latest Financial Times Global MBA Rankings, MGSM was ranked fifth for accountancy - the highest ranking ever for an Australian university. It also outranked every other school in Asia and Europe, trailing only behind four leading American schools.
MGSM performed almost as well for finance, achieving its highest ranking of eighth - ahead of all competition in Asia-Pacific and pipped only by London Business School in Europe.
'These results reveal that MGSM punched significantly above its weight class in the global competition,' says Professor Richard Petty, associate dean (international) at MGSM. 'This is something that really differentiates MGSM - it is an unsurpassed achievement by an Australian business school. Our overall ranking of 99th among the world's top 100 business schools was a fine performance but, in terms of accounting and finance, the results were exceptional.'
The prestigious performance is sure to attract admirers - and students - to programmes offered locally by MGSM.
The school was established in 1969 at Macquarie and has offered postgraduate business education in Hong Kong through the HKMA since 1994, making it one of the most established locally, with a large alumni network.
