By Ben Ready
The Graduate Management Association of Australia (GMAA) has handed down its GMAA MBA 5 Star Ratings for 2015 with Queensland and South Australian schools once again dominating.
A total of seven MBAs were awarded a 5 Star Rating, including Deakin University, Griffith University, Monash University, Queensland University of Technology, University of Adelaide, University of Queensland and the University of South Australia.
A number of schools lost their 5 Star Rating this year, including La Trobe University, RMIT and University of Western Australia.
The GMAA 5 Star Rating is a rigorous and independent assessment of Australian MBA programs. The GMAA assesses and gives each program a Star Rating from 5-1 to reflect the program’s standard.
UniSA Business School’s Master of Business Administration (MBA) was awarded a 5 Star Rating for the eighth consecutive year.
Dean of Postgraduate and Professional Programs at UniSA Professor Susan Freeman said the university was very proud of the achievement.
“Not many Business Schools can boast achieving a 5 Star Rating for eight consecutive years in a row,” she said.
“It is testimony to our team and its commitment to provide the highest quality of education developing applied research and exceptional productive corporate and industry partnerships, which will continue to provide our MBA graduates with a degree that is relevant and greatly respected in the business and academic community.”
Griffith MBA Director Associate Professor Chris Fleming said the GMAA rating provided insight to prospective MBA students about the quality of the program.
“Our program is set apart from others because of our three core values which have remained constant as the program has been restructured and updated to meet the needs of modern, digital-savvy students,” Associate Professor Fleming said.
The University of Southern Queensland (USQ) MBA was awarded 4 Stars.
USQ MBA Program Director Associate Professor Jane Summers said she was pleased with the result which acknowledged USQ as a leading provider in Australia.
“It is a testament to the quality of our program and commitment to delivering the best outcomes for our students,” she said.
Associate Professor Summers said providing a flexible program that allowed students to study online and in their own time and space was clearly meeting a market niche for postgraduate business education.
“Consistently the message is that online delivery and being able to study anywhere, anytime is very attractive to time-challenged students who choose our MBA,” she said.
The 5 Star Assessment program is designed to assist potential MBA students by providing an independent assessment of the various programs on offer by people who have been through the process. For further information about the GMAA 5 Star Assessment program, please refer to the methodology report on the GMAA website at http://www.gmaa.com.au/star-rating. The GMAA assessment is presented as a table split into five bands with the programs receiving the highest scores located in the top 5 Star band. Within each band, all programs are then listed alphabetically. The total score for each program is not released.