Which is the best uni for business/commerce/economics? (2 Viewers)

[§eraphim]

Re: Best Business Faculty

On a related topic:

I would say UTS is the leader in (applied) quantitative finance research and teaching in Australia. The postgrad Masters in Quantitative Finance (MQF) comprehensively covers theoretical and applied aspects of financial mathematics (also on programming and risk management). The staff also maintain close links with industry through consultative work. I strongly recommend UTS to any budding quants, quantitative traders, quant developers, etc.

Financial maths at UTS is going to be dead within 5yrs once the sole Fin Maths dude retires.
UNSW Fin Maths is too theoretical. Apart from UTS, I think Melbourne Actuarial would also be good to do a Fin Maths PhD (probably not masters as not close to the action). They have got quite a few well known fin math dudes - mark joshi, daniel dufresne.

 

[§eraphim]

Re: Best Business Faculty

I don't think it really makes much a difference whether the cutoff falls slightly relative to USyd. That's the lower tail of the cohort with mediocre students. Also, internationals aren't competing for the top jobs so who cares.

As long as the same number of good students come to UNSW to do Commerce, I'm sure UNSW will still be able to retain it's edge over other unis when it comes to top tier firms. These firms cull most of the mediocre candidates anyways before interviews. If the same number and quality of UNSW students continues to make it, it's unlikely UNSW will lose its dominance.

 

[stazi]

Re: Best Business Faculty

I don't think it really makes much a difference whether the cutoff falls slightly relative to USyd. That's the lower tail of the cohort with mediocre students. Also, internationals aren't competing for the top jobs so who cares.

As long as the same number of good students come to UNSW to do Commerce, I'm sure UNSW will still be able to retain it's edge over other unis when it comes to top tier firms. These firms cull most of the mediocre candidates anyways before interviews. If the same number and quality of UNSW students continues to make it, it's unlikely UNSW will lose its dominance.

that's very true. i also think that USYD also has a very large number of international students. whilst international students can make group work difficult, overall, they don't decrease the quality of a degree or job opportunities.

 

[Newbie]

Re: Best Business Faculty

during the recent recruitment, i keep hearing the same story. UNSW places 1 person, USYD 3.

 

[stazi]

Re: Best Business Faculty

but then again, this varies by company, specific position, etc. also, there is a chance that this year, USYD simply has a few amazing graduates, who have been accepted for all the positions they apply for

 

[Conspirocy]

Re: Best Business Faculty

Lets look at it this way what majors in commerce do people actually care about

For me I would look at

Accounting
Finance
Economics
Marketing
Management
Human Resources
* I wont include Actuarial Studies as only 2 Unis have it

Where would you rank each uni for each one

Now I'm going to go out there and say UNSW wins in Accounting, the UTS people would get shitty, but the truth is the only reason most of the Cadets go to UTS is because the firms don't like USYD for accounting, and UTS is closer in the city. Having cadets at UTS does not translate into you being a good uni for accounting teaching. I'd note that the course at UNSW is harder for technical accounting issues: then again we get feedback that we are strong technically, but our writing skills are poor...

For Finance I don't know, but I guess the people from UNSW keep winning those Investment bank competitions, so I guess you could say UNSW is a better teacher of corporate finance; overall I wouldn't know, I'm not saying im right, just thinking out loud

Economics - I have no idea, USYD have an honours stream from 2nd year onwards, but then that does diminish the value of the major overall, as there is no consistency in what people are taught - UTS doesnt get a mention here; I think UNSW has more lecturers/professors who studied overseas for Masters and Phd so that could be a factor

Marketing - no idea, I hear UTS is good

Management: no idea: I'd go USYD cause of prestige for undergrade, I agree with the point that the Aus School of Business model hasnt had an effect yet so cant argue that a good MBA equates to good undergrad - YET

HR - no idea

of course instead of pointing out where UNSW is bad, how about you add some info about where the other Unis are good.

I think most peoples views come down to what they have heard from someone in the market. I spoke to currency strategist who studied at USYD and for economics and finance he told me UNSW so I went to unsw. Other people will have probably heard different

 

[stazi]

Re: Best Business Faculty

Accounting - absolutely agree with you. Although the reason many cadets go to UTS is because of the timetabling. It's impossible to work full time and go to USYD, as most classes are held during the day

Finance - I don't have any expertise in this area

Economics - USYD wins.

Marketing - USYD wins. Apparently we came first in some ranking, but I can't seem to find details of it online anymore Although UNSW does have work placement, which is an excellent benefit. USYD does have the most diverse range of subjects, though.

Management: MAQ

HR: Probably UTS/MAQ

IR: USYD

 

[Conspirocy]

Re: Best Business Faculty

Economics - USYD wins.

looking at the courses and the structure, I would say they are essentially the same with the exception of the honours stream. But then the entry criteria to the honurs stream don't seem to be that stringent for USYD, how many people end up taking it up? Also, how many go on from the stream to do honours?

USYD has some subjects that are different, but so does UNSW. The main structure of the courses are the same from what I can tell.

I don't see how USYD economics is better, I also don't see how it is worse than UNSW.

perhaps you could expand on it some more. As far as I can tell the only edge you would have is the reputation, but that can only go so far...

Like you could argue that in terms of superannuation and retirement, which is probably one of the next problems economists will have to deal with UNSW has the edge as we have a research center for it, and most of the lecturers are specialised in this area. However, usyd could have the same thing.

I guess you could also argue the whole split economics facaulty at usyd, as either a pro or a con. But if you wanted a more 'traditional' economic training in terms of the theory that you are taught UNSW might be the place. Of course you might be getting better insight by having to deal with the other aspect.

I've found unsw to be very conservative in the teachings, and I hear Usyd would be more liberal??

 

[stazi]

Re: Best Business Faculty

im going on something i remember reading in another thread a while ago. it suggested that usyd economics at undergrad level pwned according to people who get hired into economist positions later on, or something like that.

 

[Conspirocy]

Re: Best Business Faculty

im going on something i remember reading in another thread a while ago. it suggested that usyd economics at undergrad level pwned according to people who get hired into economist positions later on, or something like that.

realistically to get a job in an economist position you need to do honours, so I wouldn't give that any real merit because obviously to do honours you have to be pretty smart...

 

[anaoum]

Re: Best Business Faculty

wow thanx for the responces guys. soo far from the responces im leaning towards maq still...

 

[Conspirocy]

Re: Best Business Faculty

Are you sure? mac uni? why are you aiming so low? or do you just want to take the easy route and graduate with just one major?

You know there is nothing particularly noteworthy about Mac Uni's "College of Commerce" - maybe except in Actuarial studies where it once held a monopoly on the teaching of this subject.

seriously all the talk about a single major is silly, I think most people going to mac could do any of the 'double degree' courses they have http://www.accg.mq.edu.au/undergraduate
im sure there are others available but for example accounting and finance is doable

also re accounting; they teach consolidation properly at mac unlike some other uni's - mac would have a better economics facaulty, and your quant methods courses would be of a higher level

 

[stazi]

Re: Best Business Faculty

Are you sure? mac uni? why are you aiming so low? or do you just want to take the easy route and graduate with just one major?

You know there is nothing particularly noteworthy about Mac Uni's "College of Commerce" - maybe except in Actuarial studies where it once held a monopoly on the teaching of this subject.

how is that aiming low? how is that the easy route? each course is as difficult as the next. it's the way that it is taught that matters, as well as the graduate opportunities. by attending maq you can still get a fantastic job.

if someone says that they're planning on taking science, arts or education, do you also tell them that they're aiming low, because that doesn't correspond with your very rigid categorisation of life.

 

[§eraphim]

Re: Best Business Faculty

Also, macquarie degrees are confusing. There are lot of subjects with the Accounting course code that are actually finance subjects.

 

[anaoum]

Re: Best Business Faculty

Are you sure? mac uni? why are you aiming so low? or do you just want to take the easy route and graduate with just one major?

You know there is nothing particularly noteworthy about Mac Uni's "College of Commerce" - maybe except in Actuarial studies where it once held a monopoly on the teaching of this subject.

i think the degree i want is a double major if im not mistaken? accounting and finance

 

[phrred]

Re: Best Business Faculty

realistically to get a job in an economist position you need to do honours, so I wouldn't give that any real merit because obviously to do honours you have to be pretty smart...

and that would involve research and UNSW Economics received more Economics research grants than any other Economics school in Aust, so they cant be too far behind USYD if they are behind USYD at all.

 

[Conspirocy]

Re: Best Business Faculty

and that would involve research and UNSW Economics received more Economics research grants than any other Economics school in Aust, so they cant be too far behind USYD if they are behind USYD at all.

hahaha i didn't want to say it cause im from unsw, but my thinking exactly...

 

[stazi]

Re: Best Business Faculty

Good news! Macquarie Uni are going to lower its entry standards from next year onwards so it will be easier for you to get into Macquarie uni.

If you dont obtain the UAI cut-off mark for any of its courses (which are already quite low compared to UNSW and USyd), then you can sit this aptitude test as a second chance to get in.

that's actually not that bad of a system. the UAI isn't the best indicator for a person's aptitude in Business.

 

[redruM]

Re: Best Business Faculty

Of course it is! Its ranks after going to UNSW, but before working for Citigroup.

 

[Rorix]

Re: Best Business Faculty

If Citigroup ran a business school then all our problems would be solved.