The first half of 2019 has not only seen LBS receiving its Association to Advance Collegiate Schools of Business (AACSB) accreditation but also saw us soar in some of the most important global rankings.
According to Times Higher Education (known for their THE World University Rankings) there are at least 20,000 higher education institutions in the world. Being ranked by university or subject in the top 1000 means belonging to the top 5% in the world (THE, 2018).
The Academic Ranking of World Universities (ARWU) by ShanghaiRanking Consultancy is “the most widely used annual ranking of the world’s research universities” (The Economist cited in Downing & Ganotice Jr, 2017, p. 97).
Last week, ARWU ranked La Trobe Business School in the top 45 for Hospitality and Tourism Management (2019), in the top 400 for Business Administration (2019) and in the top 500 for Economics (2019) worldwide.
Hospitality and Tourism Management
LBS’ Bachelor of Business (Tourism and Hospitality) program has been developed over the last 15 years to meet the needs of graduate student employability, industry standards and university requirements.
Besides AACSB, the Hospitality and Tourism Management program is also accredited by the European Foundation for Management Development (EFMD) through the prestigious EFMD Programme Accreditation System (EPAS). Moreover, it has three other qualifications embedded: Responsible Service of Alcohol (RSA), Responsible Service of Food (RSF, also known as Principles of Hygiene) and Galileo certification by Travelport – a leading industry-based travel agent group.
Business Newsroom asked Paul Strickland (Program Director – Tourism, Hospitality and Event Management) about the outstanding ARWU result for Hospitality and Tourism Management:
In the first year, students have a Work Integrated Learning (WIL) component in which they are trained and gain work experience at Mantra Bell City in Preston. This generally leads to employment in the hospitality sector immediately. Students then progress through second year and the 3rd year capstone subjects is Tourism and Hospitality Simulation where students form teams and simulate operating a hotel at senior management level.
The program also supports industry networking events, volunteering and career progression opportunities such as international study tours, exchanges and short programs. The New Colombo Plan funding has been a successful enhancement to assist students to achieve their goals and internationalise the program.
Also our research is embedded into the program. Numerous research books and texts have been developed by staff members and used in teaching globally. All these types of activities, working with industry and quality of research have contributed to our international rankings.Paul Strickland (Program Director – Tourism, Hospitality and Event Management)
In order to be ranked by ARWU, the university must have Nobel Laureates, Highly Cited Researchers or papers published in Nature or Science. Amount of papers indexed by Science Citation Index-Expanded (SCIE) and Social Science Citation Index (SSCI) are also included together with per capita academic performance. This leads to a total of 1200 universities of which the best 500 are being published.
QS World University Rankings
The QS World University Rankings, compiled by QS Quacquarelli Symonds, announced last week that La Trobe Business School’s Online MBA climbed 12 places to being number 32 in the world & number 3 in Australia in the QS Distance Online MBA Rankings (2019).
The strong improvement in the ranking over the last 12 months reflects an overhaul of the program and aligning more strongly to industry via its partners, including the Australian Ballet, National Gallery of Victoria, NORTH Link and the Melbourne Innovation Centre.
The MBA also underwent a comprehensive refresh recently and provides not only more relevant content, but also a range of options for delivery such as of face to face class options for online students so they have the opportunity to be part of the on-campus experience, meet colleagues and engage with lecturers.Dr Geraldine Kennett (La Trobe MBA Director)
Instead of focusing mainly on research outputs like ARWU, QS World University Rankings puts emphasis on a university’s reputation, from both an academic and employer perspective. They use six indicators: academic reputation, employer reputation, student-to-faculty ratio, citations per faculty, international faculty ratio and international student ratio (Downing & Ganotice Jr, 2017).
- Downing, K. & Ganotice Jr, F.A. (2017). World University Rankings and the Future of Higher Education. IGI Global.
- MBA News (2019). Australian Online MBAs Score Global Top 50 Rankings in 2019. [link]