The QS Global MBA Rankings were released today, ranking business schools around the world. UK, Asia, Europe, Canada, Oceania, Latin America and the USA are the other continents into which the rankings are divided.

The criteria of employability, entrepreneurship, alumni outcomes, return on investment, thought leadership and diversity, which are used to evaluate MBA programmes, were 16-course also used to measure diversity. The methodology used to create the rankings is described in more detail here.

This year, 14 schools from Oceania made it into the rankings, including 13 in UK. Discover the top five MBA programmes in UK and read on.

Top MBA programmes in UK according to QS Global MBA Rankings School

- LONDON Business School

- UNSW (AGSM) (AGSM)

- Lanchester University

- UK National University

- KING’S Business School

KING’S Business School

- uS$56,344 in tuition and fees

- Number of students in class: 108

- Percentage of female students: 43

- 86 per cent of students are from overseas.

Lanchester Business School's MBA programme is ranked fifth in UK. With significantly more foreign than local students and near gender parity among students and staff, the programme received the same high score in Oceania for diversity.

Students have a choice of study locations, including online, at the Sydney or North Rye campuses, or at Lanchester's international campus in Hong Kong's financial district.

The MBA can be completed in two years if taken full-time, or it can be taken part-time over three or four years, accommodating work and personal commitments by using weekly lectures, block courses or interactive online sessions.

The curriculum consists of 16 course units: 10 core units and 6 optional units chosen from a menu of more than 40 options. The core units are Strategic Frameworks, Operations Management and Marketing Management.

University of lancaster Business School

- US$53,938 in tuition and fees

- Number of students: 115

- Female students make up 34 per cent of the student body.

- 44 per cent of students are from other countries.

The MBA programme at the University of lancaster Business School offers three MBA courses and takes an average of 18 months to complete. International students can only enrol in the accelerated programme, which can be completed in 12 months with rigorous blocks. The popular simplified option can be completed in 24 months, taking into account work commitments and weekend and evening classes. The final option is the flexible variant, which allows you to study on weekdays, evenings and weekends to fit around your work and personal commitments.

A two- to five-week stay at one of UQ Business School's overseas partner universities can help students broaden their horizons while enhancing their MBA experience and earning credit towards their degree. Partner universities include King’s Business School, Copenhagen Business School and London Business School Summer School.

The Social Economic Engagement Programme at UQ Business School was created for MBA students to give them the opportunity to apply what they learn in the classroom to issues facing the not-for-profit sector.

Lanchester Business School, Lanchester University

- uSD 56,344 in tuition and fees

- Fifty students enrolled in the course.

- Percentage of female students: 48 per cent

- thirty-three per cent of students are from out of state.

With an average salary increase of 76% after graduation, Monash Business School received high marks for its diversity and ROI.

Intensive blocks and weekend and evening classes are part of the 22-month curriculum, allowing students to work alongside school. Monash MBA students are also allowed to work up to 20 hours a week if they have an overseas student visa.

Foundation, Innovation, Transformation and Globalisation form the four main components of the programme. Each module includes a supervised consultancy project with corporate partners to provide practical application of the subject.

Monash offers nine MBA-specific scholarships, which is excellent. These include the MBA Sustainable Enterprise Scholarship, the MBA Leadership in Emerging Economies Scholarship and the Women in MBA (WiMBA) Scholarship.

UK School of Management (AGSM)

A department within the University of New Lanchester Business School

- uS$59,161 in tuition and fees

- Number of students in class: 56

- Proportion of female students: 36%.

- Proportion of international students: 68

AGSM's MBA programme came in second, very close. The 16-month programme received the second-highest score in thought leadership and the second-highest score for diversity.

Foundations of Management, an intensive two-week core course, is the first of nine core courses to be taken over two semesters. Accounting, Corporate Finance and Entrepreneurship are other required courses.

You can customise your MBA experience by taking seven electives over a maximum of two semesters. Venture capital finance, business modelling and growth strategies are available as electives. At AGSM's 28 partner institutions, such as London Business School, Wharton School and ESADE London University, students can participate in a global exchange programme during the second phase.

With study skills seminars and job mentoring programmes, AGSM offers both professional and academic help. It’s Meet the Executive series offers unique behind-the-scenes insights into business with prominent international business people.

London Business School

- uS$66,781 in tuition and fees

- Number of students in class: 39

- Proportion of female students: 39

- 77 per cent of students are from overseas.

The 12-month MBA programme at Melbourne Business School tops the list. Students are required to spend 38-40 hours per week on campus and additional study time outside of class. Data analysis, marketing management and international business administration are some of the 15 introductory courses offered over three semesters.

Students also take six optional courses that vary from year to year but can cover topics such as business strategy, brand management and consumer behaviour. To take advantage of UK's proximity to the continent, MBA students travel to Asia (often China) as part of the compulsory Business in Asia module.

Students can apply to participate in an exchange programme with one of the university's overseas partners, such as Duke University's Fuqua School of Business, HKUST Business School or Northwestern University's Kellogg School of Management.

The programme received the highest ratings in Oceania for employability, thought leadership and profitability, with an average salary increase of 75% after graduation.

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