For the first time, AGSM@UNSW Business School’s two-year MBA has been ranked among the top 10 worldwide by Forbes.

In the bi-ennial ranking, released today, the Full-Time MBA was ranked 8th and is the only Australian MBA program to feature. The top 10 include London Business School (UK) HEC Paris (France), IESE (Spain), CEIBS (China) and Esade (Spain).

The rankings assess MBA programs in three categories – US Schools, International One-Year MBA and International Two-Year MBA.

The Forbes rankings have a unique approach to assessing MBA outcomes, based on the program’s financial “return on investment”. Schools are ranked solely on their “5-year MBA gain”, i.e. the net cumulative amount the typical alumni would have earned after five years by getting their MBA versus staying in their pre-MBA career.

“The AGSM Full-Time MBA program has again ranked among the world’s elite global management schools,” said Nick Wailes, Director AGSM and Deputy Dean UNSW Business School.“Good career outcomes are fundamental to our programs – and financial return on investment is one of the ways we can measure their success.”

“We are equally invested in ensuring our graduates are equipped to contribute to a progressive society,” Wailes said. “We recruit a diverse cohort of highly motivated MBA candidates and deliver a contemporary program that sets them up to make an impact – to enhance their career opportunities, move into a new industry, or start their own business.”

"The AGSM Full-Time MBA was a life-changing experience that expanded my perspectives of the world and provided me with tools and frameworks to face my current and future endeavours," said Renata Fanti, a Senior Associate for the Commonwealth Bank and AGSM MBA 2017.

"As an international student arriving in Sydney without local connections, the intimate atmosphere at AGSM allowed me to expand my networks and helped when I was applying for my current job in one of Australia’s largest financial institutions," she said.

AGSM enters the Financial Times (FT) and Quacquarelli Symonds (QS) Global MBA and Online MBA Rankings annually and the Forbes Global MBA Ranking bi-annually. These international rankings of the world’s leading management schools and global MBA programs places AGSM in elite company and establishes our reputation as a world-class MBA program. Domestically, AGSM re-entered the AFR BOSS Executive MBA Rankings in 2019 after an absence of six years.

About AGSM

AGSM @ UNSW Business School offers innovative, experiential, world-class programs designed to equip a new generation of leaders to make an impact in an accelerating world. Based in Sydney, Australia, the AGSM @ UNSW Business School’s globally ranked Full-Time MBA program is taught by internationally recognised academics and Executives-in-Residence from leading corporate and government organisations. Students are immersed in active learning experiences and are exposed to practical skills and tools they can immediately apply to real-world business problems.

AGSM partners with some of the world’s leading graduate schools and offers short term, intensive exchange programs and traditional full semester exchanges for students looking to gain an international perspective and enhance a well-rounded MBA experience. We are the only Australian business school with membership to the Global Networking of Advanced Management (GNAM) network of 30 of the world’s elite business schools. A dedicated AGSM Careers team provides MBA candidates with career coaching, access to graduate opportunities and industry networks.

More information about our suite of programs that now includes a Master of Management, Full-Time, Part-Time and Online MBAs, and Executive Education Short Courses can be found at or contact us at