Griffith Business School (GBS) has been ranked first in Asia-Pacific and fifth overall globally in the 2019 Corporate Knights Better World MBA Ranking.
The global result means GBS' MBA has remained in the top-five for the second year in a row, from a field of 146 business schools around the world.
MBA Director, Griffith Business School, Professor Chris Fleming said the stellar ranking reflected the school's commitment to a values-based MBA program focused on Sustainable Business Practices, Responsible Leadership and an Asia-Pacific Perspective.
"The world is waking up to the sustainability challenge, traditional business thinking is no longer fit for purpose, business schools and in particular MBA programs need to create leaders that are aware of their responsibilities beyond simply shareholder return," he explained.
"These leaders understand they are also responsible to their employees, their customers, their supply chain and ultimately to the societies in which they operate.
"Griffith's MBA seeks to create leaders that are capable of building these kinds of organisations; organisations with purpose beyond profit."
Pro Vice Chancellor of the business school, Professor David Grant said it was an excellent result for GBS.
"This is a fantastic achievement for GBS, just as much as it is a strong endorsement of our MBA," he said.
"In the past three years we have moved from 16th spot to the top-five which shows our programs are hitting the mark in an era where sustainability in business and responsible leadership is valued more highly than ever."
"The Better World Business Schools are at the forefront of a sea change in business education focused on preparing tomorrow's business leaders to be a force for good," said Toby Heaps, CEO of Corporate Knights.
To determine the 2019 rankings, Corporate Knights evaluated all of the 2018 Financial Times top 100 MBA programs, programs that made the Top 40 in the Corporate Knights Better World MBA Ranking in 2019, and select business programs accredited by AMBA, AACSB or EQUIS, and Principles for Responsible Management Education signatories.
Program were reviewed across five key performance indicators, including the number of sustainability-focused articles in peer-reviewed journals and citations, the number of core courses that incorporated sustainable development topics, research institutes and centres devoted to sustainable development issues and faculty gender and racial diversity in the business school.