The University of Melbourne is one of the top ranked universities in Australia and in the world:

QS World University Rankings 2016-2017:
The University of Melbourne is ranked No. 42 in the world (overall) and No. 23 in the world for employer reputation.

Academic Ranking of World Universities 2016:
The University of Melbourne is ranked No. 1 in Australia and No. 40 in the world by ARWU, which is collated by the Center for World Class Universities and the Institute of Higher Education at Shanghai Jiao Tong University in China. It ranks the top 500 higher education institutions according to a range of criteria, including: staff and alumni winning Nobel Prizes and Fields Medals; highly cited researchers; articles published in Nature and Science and science citation indices; and academic performance in relation to the number of academic staff.

QS World University Rankings 2016:
The Faculty of Business and Economics is ranked 12th in the world for Accounting and Finance and 15th in the world for Business and Management. Academic Ranking of World Universities 2016:

World University Ranking Tables

America - US News & World Report, The Princeton Review, BusinessWeek
Canada - Maclean's, Gourman Report Ranking of Canadian Universities
UK - Sunday Times, Guardian, Times Good University Guide, Daily Telegraph
World - Shanghai Jiao Tong ARWU Rankings, Webometrics, Newsweek
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