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The Monash University Master of Business Administration (MBA) was placed first in the world in the category ‘personal development and educational experience’ in the Economist’s 2009 MBA rankings Overall, the course was ranked 59 in the world, fifth in the Asia-Pacific region and third in Australia. The schools are ranked on four indicators of why students undertake an MBA: to open new career opportunities and/or further current career; personal development and educational experience; to increase salary; and the potential to network. The Monash MBA was recently ranked the number two MBA program in Australia by AFR Boss Magazine MBA Rankings. In the AFR Boss Magazine ranking the Monash MBA came in at the number two with strong all-rounder status. Monash performs solidly across a range of measures – strong qualifications of staff; high entry requirements for students; productive research output – whereas other schools typically had greater variation in strengths and weaknesses. “It tops the list of value for money, judged by alumni, with every one of the Monash alumni saying their investment was worth the price. And many seem to feel they got the benefit of a first-class school without the attendant elitism”. As one Monash alumnus put it: “Very professional approach without being too city-centric and toffee-nosed.” “Both surveys confirmed the Monash MBA as one of the top MBA programs in Australia and is recognised worldwide for its excellence in personal development and leadership,” Associate Professor Peter Reed, Director of the MBA said.
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