The Master of Management (MMgt) program was also ranked in the world's top 5 for "career progress" made by its graduates.
The overall number one place for the Business School's popular MMgt program by the Financial Times, specifically designed for recent business and non-business graduates, comes in the wake of a similar results in rankings published by the internationally respected QS World University Rankings and The Economist.
The Dean of the Business School, Professor Greg Whitwell, described the FT ranking as "a wonderful result reflecting the quality of the program".
"I am also very pleased with our fifth place internationally, in the career progress ranking," Professor Whitwell said. "To retain a position in the top 5 for the third year says a great deal about our ability to prepare students for successful careers in a dynamic and uncertain world."
"This is a testament to the quality of our academic staff and to the graduates themselves who have achieved so much in the three years following their completion of the MMgt program," Professor Whitwell said.
The University of Sydney Business School is the only Australian tertiary institution to be included amongst the 100 schools and programs ranked by the Financial Times this year.
In the worldwide MMgt rankings, the Sydney program came in at 29. The top 30 also included the University of St Gallen in Switzerland; HEC Paris; the London Business School; the Rotterdam School of Management; Esade in Spain and Shanghai JiaoTong in China.
"Our ranking is clear recognition of our ability to provide one of the strongest, most relevant and most business-oriented programs in Australia and internationally," said the program director, Associate Professor Betina Szkudlarek.
These results indicate that our MMgt is a pathway to career success for our graduates with many of them achieving impressive employment outcomes within Australia's leading firms and the world's largest multinationals.
The Master of International Management (MiM) course offered by members of the global CEMS Alliance of more than 30 elite Schools, including the University of Sydney Business School, has also appears at number eight in the FT rankings.
Professor Whitwell, who is also Chair of the CEMS Global Alliance, described the its 8th place as "excellent".
Founded more than 30 years ago as a pan-European organisation, CEMS now has members schools in South Korea, Canada, India, Singapore, Hong Kong, China, Chile, Japan, Brazil, Egypt, Australia and the United States.
Accredited member schools collaborate on the delivery of a 'globally integrated' MiM program to around 1,300 students from about 80 different countries annually.
"These results again reflect the enormous success of CEMS as an ambitious global alliance delivering the gold standard in international, cross cultural education," said Professor Whitwell.
"The University of Sydney Business School's ranking success this year, which has also included a number one spot for our MBA and also our Executive MBA programs in the AFR BOSS rankings, leaves little doubt about our place as Australia's leading school for business education," Professor Whitwell concluded.
