This is a general question that has been occupying my mind_I am from India and in the past few years I have seen that the number of students applying to Australian universities like Unsw,ANU , uni of Melbourne, Sydney has really gone up.I have also seen my friends chosing top Australian unis even after getting through NUS and hkust. I'm not sure but are the Australian unis as good as the top asian ones? They fare well on the rankings but aren't really tough to get into but still people have started to consider them world class.why is this so?

you get a post graduate work visa for 2-3 years after graduating, and then easy to get PR after working for a year.... long term settlement...

and UNSW and Uni. of Melbourne are definitely top in the list of all rankings for particularly MBA..

I think that arpitchoudhary is right, people from other countries are finding Australian business schools attractive because of the reasonable post-study visa options, not to mention the fact that it's an English-speaking country.

I'd argue that the FT-ranked schools: AGSM and Melbourne, specifically, are world-class schools. AGSM is a great school. I'm a bit on the fence about Melbourne, through -- their MBA went through a redesign in 2012; they shortened the program to 12 months, which means four less months for students to network, take electives, etc. We'll know more about the effects of this shortening when the more recent classes' data are reflected in the career data.

In general though, usually the best approach is to ask the schools about placements for people, especially students from India -- ask them the success rates for landing a job in the country, how long it takes, etc.

As for why these schools don't rank as highly as schools like NUS and HKUST, the rankings move in favor of higher salaries, and since schools like NUS and HKUST tend to place many students in Singapore and Hong Kong's respective financial services industries, that means their post-MBA salaries tend to be relatively high.

Various rankings like the times,economist and QS top mba rank the australian schools higher than schools like hku,nus etc but they seem to have fallen in the ft rankings.i also read in the economist magazine that australian mba grads have the highest starting salaries in the world, this included schools like queensland and UWA.so what I am trying to ask here is that is it worthwhile to apply to australian unis or should I just aim at Asian/European schools.

I see the FT as sort of the gold standard when it comes to MBA rankings, I mean how does the Economist rank Tuck higher than Stanford and LBS.

Ultimately it will depend on where you want to end up after graduation. If you want to be in Australia, then apply to the Australian schools. If you want to live in Asia go to an Asian school and so forth.

Below replies I received a week ago from friends who are presently studying MBA in AGSM:

"I dont think MBA is of great value in Australia although AGSM is the best here. Yes the learning is good and some lecturers are really fantastic but its the nature of employers in Australia to not have too much affinity for MBAs. They don't dislike MBAs either."

"Australia as such is not a country that places high value on MBA. They normally see that as a ?nice to have? than a game changer. "

I am sure this will give you some clarity.

How do you see your friend's comment, in the context of the high salaries for MBAs in Australia? AGSM and Melbourne salaries are on a par with more highly-ranked schools like Bocconi, Cass, HKU, Manchester, NTU, NUS and Sungkyunkwan.

That?s true Duncan. Salaries in Australia are generally high compared to other places in Asia. As the QS Global 200 Business Schools Report 2013/14 mentions ?The strength of the Australian dollar is reflected in the stellar salaries of its graduates?. It also says that Macquarie University (which is not even listed in the latest FT rankings) has one of the highest figures of any business school in the world at $143,583.

Regarding rankings, AGSM is consistently dropping every year in the FT rankings (35 - 2011, 41 - 2012, 48 - 2013, and 62 ? 2014). My friends also informed me that almost 80% of the present cohort were already eligible to get PR before arriving Australia and this was one of the major reasons they chose Australia. Even if you see AGSM?s employment report, it shows the 80% graduates get a job in Australia.

In comparison to a course like Master of Accounting in Australia (as it is in the SOL list): Salaries of accountants who have experienced the industry for a year or so get the biggest raise. MBA is not so desired compared to accounting over there.

AGSM is trying to get the MBA course in the Temporary Graduate work visa list, but hasn't been able to since the last 2-3 years. My research is limited to AGSM only, as I had applied last year and got admitted for the Jan?2014 batch, but I didn't join.

In the past few years I have heard horror stories about graduates from unis like Manchester ,cass etc who have failed to secure a job in Europe and haven't found a great job in India as well as the employers here seek to hire from only the top iims .in such a situation I feel that employment prospects in a country like australia are much brighter.however,the point I'm trying to ask here is about the quality of education.as mentioned earlier ,I have friends who have planned on attending schools like UWA ,Usyd even after receiving offers from the higher ranked schools like cass/manchester(however this was for the undergraduate program). So reframing my question-if we talk about the quality of education and prestige of the australian unis,is it comparable to the supposedly "world class" unis like warwick/nus etc (not particularly for an mba but for the university as a whole)

you get a post graduate work visa for 2-3 years after graduating, and then easy to get PR after working for a year.... long term settlement...

and UNSW and Uni. of Melbourne are definitely top in the list of all rankings for particularly MBA..

No.

To get the Temporary Graduate visa (subclass 485), you need to meet the two-year Australian study requirement and graduate with skills and qualifications that relate to an occupation on the skilled occupation list (SOL).

Details for the Temporary Graduate visa: http://www.immi.gov.au/Visas/Pages/485.aspx

Details and requirement for the Skilled Occupation List (SOL): http://www.immi.gov.au/Work/Pages/skilled-occupations-lists/sol.aspx

No.

To get the Temporary Graduate visa (subclass 485), you need to meet the two-year Australian study requirement and graduate with skills and qualifications that relate to an occupation on the skilled occupation list (SOL).

Details for the Temporary Graduate visa: http://www.immi.gov.au/Visas/Pages/485.aspx

Details and requirement for the Skilled Occupation List (SOL): http://www.immi.gov.au/Work/Pages/skilled-occupations-lists/sol.aspx

There are plenty options for the students who pursue 1 or 1.5 years degree course (MBA or MS) in Australia. Especially from AGSM or University of Melbourne ? both these courses are the top 2 courses (according to the FT.com MBA ranking). Even if not these two, then you can search for the ?Group of Eight? universities.

For any course which is less than 2 years, you won?t get a (any) work permit post-graduation. However, your visa will be valid for around 3 months after your course ends, usually. For Example: If your course ends in 31st May, then your visa will be valid until 31st August, approximately.

University of Melbourne is a great university. Definitely one of the best in Australia.

Let me know what kind of help you are looking for.

P.S. I am assuming that you are an Indian national, by your name ?Vinay?.

There are plenty options for the students who pursue 1 or 1.5 years degree course (MBA or MS) in Australia. Especially from AGSM or University of Melbourne ? both these courses are the top 2 courses (according to the FT.com MBA ranking). Even if not these two, then you can search for the ?Group of Eight? universities.

For any course which is less than 2 years, you won?t get a (any) work permit post-graduation. However, your visa will be valid for around 3 months after your course ends, usually. For Example: If your course ends in 31st May, then your visa will be valid until 31st August, approximately.

University of Melbourne is a great university. Definitely one of the best in Australia.

Let me know what kind of help you are looking for.

P.S. I am assuming that you are an Indian national, by your name ?Vinay?.