Tasha Yogiswara and Carolina Beunza are studying Australia's best MBA
For Tasha Yogiswara, the best part of studying at Melbourne Business School is the bond she shares with her classmates.
"My favourite thing about MBS is the cohort, and, even though it has only been a few months since we started, I feel like we're a family," she says.
Tasha moved from Indonesia to participate in Melbourne Business School's Full-time MBA program, which was this week ranked the best in Australia by the Financial Times.
As part of the current student cohort, Tasha says the accolade is well-deserved.
"I see what the School is like every day," she says. "I experience it firsthand, not only through my cohort – who come from very diverse backgrounds with different skillsets – but also on the faculty side, who are all amazing. I'm proud to be a part of it."
The FT Global MBA ranking 2020 measured the top 100 MBA programs around the world on criteria including career outcomes for graduates, academic research and student and faculty diversity.
Melbourne Business School was ranked at 80, ahead of any other Australian institution, and number seven in the world for value for money.
When it came to choosing where to study, Tasha says the city of Melbourne itself was just as important as the quality of the program for her decision.
"I chose Melbourne because of the coffee culture and because I know it's very diverse, not only within the School but within the city itself – and now that I'm here I can actually see that."
Fellow student Carolina Beunza, who hails from Argentina, says she chose Melbourne Business School because of the development potential it promised.
"I have a background of six years working in finance, and I decided to study an MBA to build my leadership skills," she says.
"The reason I chose MBS is because the program is very complete in terms of developing your business acumen. The case methodology, the experiential learning – such as in the Innovation Bootcamp – the faculty members and the fact that it's a small cohort all add value for me."
Carolina says one of the most notable differences about Melbourne Business School is the diversity of its students.
"The School cares a lot about diversity, and you see this in the students selected. It's a very good reflection of what an MBA has to be, and the fact that it's ranked number one is not a surprise – it makes sense."
Competition for Australian schools was tough in this year's Financial Times rankings, with all three local institutions in the top 100 declining in position from the previous year.
Professor Ian Harper, Dean of Melbourne Business School, said the change was likely due to lifts in the US economy and the strong performance of Chinese business schools.
"This year's Financial Times rankings are a reminder of how intense the competition is for business schools around the world to provide a top MBA program," he said.
"Our goal isn't just to be the best school in Australia, but one of the best in the world – and we will continue working towards that."