New MBA has rapid rise through the ranks

Posted on November 10, 2013

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MBA Director Professor Di Iorio at the opening of the University's Collins St Melbourne Campus with Executive Dean of  Business, Economics and Law, Professor Leigh Drake

Survey based on data from more than 4,300 employers: Professor Di Iorio at the launch of the University’s City Campus in Collins St answering audience questions with Executive Dean of Business, Economics and Law, Professor Leigh Drake.

More than 94 per cent of La Trobe MBA graduates find work just three months after completing their studies.  And they earn one of the highest starting salaries in the Asia Pacific region – an average of nearly $120,500 on completion of their course.

These achievements are revealed in the latest QS Global 200 Business Schools Report. The report ranks the La Trobe MBA 23rd among the region’s Elite Regional Schools category.

‘That’s a fantastic leap of nine places – up from 32nd spot last year,’ says Professor Paul Mather, Head of La Trobe Business School.

The survey also highlighted that La Trobe’s Business School has one of the smallest class sizes and lowest tuition fees among MBA programs in the Asia-Pacific region.

Professor Paul Mather: fantastic leap - nine places up the rankings.

Professor Paul Mather: fantastic leap – nine places up the rankings.

Views of employers

Professor Amalia Di Iorio, Director of the La Trobe MBA, says the QS ranking, released on their topMBA.com website, derives its data from more than 4,300 employers who recruit MBA graduates in a variety of professional fields.

‘Students of the La Trobe MBA come from many different walks of life, and there is a good gender balance in our classrooms.

‘From executives in large multinational organisations to CEOs of family businesses, our students develop business skills and capabilities that lead to effective decision-making in their professional lives,’ she says.

‘Employer ranking is very important to prospective MBA students. Although our students require a minimum of three years managerial experience, most have already completed an average of six before they start their degree.’

Professor Di Iorio says the core concepts behind La Trobe’s successful MBA are built on ‘three solid curriculum pillars – business knowledge and decision-making, personal and professional skills development, and responsible leadership’.

Professor Di Iorio, right,  with  Management head, Professor Tim Marjoriebanks and Vice-Chancellor's Fellow, Mick Malthouse.

Professor Di Iorio, right, with Head of Management, Professor Tim Marjoribanks, and Vice-Chancellor’s Fellow, Mr Mick Malthouse, left.

‘As a result, the program has been garnering attention across the globe since its redesign last year.’

The course is taught in new inner-city campus facilities in Collins Street Melbourne, which were officially opened in May this year. From next year it will also be available at all regional campuses.

Domestic and global endorsement

The strong QS ranking are just the latest in a series of endorsement for the new La Trobe MBA. Others place La Trobe among the

• top two institutions in Victoria in The Australian Financial Review’s BOSS 2013 MBA Rankings,

• top ten small Business Schools worldwide – and the only one in Australia – for promotion of responsible management in the Corporate Knights 2013 Global Green MBA survey,

• one of only four  in Australia to receive EPAS accreditation from the European Foundation for Management Development, in recognition of the programs international approach to learning, and

The La Trobe MBA  also received a Five Star rating for three consecutive years (2011 – 2013) from the Graduate Management Association of Australia (GMAA). – Andrew Farina

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