ABDC Key Facts
ABDC member business schools represent a large part of Australia's higher education sector.
We add significantly to the nation's economy.
We are a vital part of Australia's future.
- Our members educate the future leaders and the workforce for one of the five key sectors essential to Australia’s economic growth to 2035.
Our graduates are in demand.
- Australia leads the US and Canada in having the highest salaries on offer to MBA graduates, with an average salary equivalent to $108,250 USD.
- Six of the Top 20 business schools for graduate employment in the Asia-Pacific are in Australia.
- Australian business postgraduate students, compared to other postgraduate students, are more likely to gain full-time employment and earn the highest starting salaries four months after graduation.
- Australian business and accounting students, compared to other students, are more likely to have secured full-time employment before graduating with a bachelor’s degree (at 23 and 30 per cent respectively compared to 17% of all graduates).
ABDC member business schools rank with the world's best.
Accounting and Finance
Business and Management
- 19 Australian universities (48%) are in the top 300 QS rankings for Business and Management
- 9 Australian universities (23%) are the in top 100 QS rankings for business and management
Economics and Econometrics
- 19 Australian universities (48%) are in the top 350 QS rankings for Economics and econometrics
- 7 Australian universities (18%) are in the top 100 QS rankings for economics and econometrics
For a country with only one percent of the world's population, we punch well above our weight.
#Calculated from Department of Education and Training, 'Management and Commerce International Student Load Count (EFTSL)’, Higher Education Statistics Data Cube (uCube) plus Economics EFTSL data provided on request 2013 and 'Australia's International Education Industry - Analysis of Strategic Trends,' February 2013, by Boston Consulting Group (BCG), p. 14, Each international higher education student contributes an average USD44,000 to the Australian economy (fees plus living costs). Exchange rate from xe.com on 29 August 2013.