The University of Wollongong's thriving Sydney Business School has jumped five places in the latest rankings of the top Asia-Pacific business schools.The multi-campus facility bucked the trend of some other Australian institutions, rising from 18th to 13th in the list of schools most favoured by international employers.It placed third in Australia, behind Melbourne Business School and the University of NSW.The annual rankings are compiled by university-ranking firm QS.Sydney Business School executive dean John Glynn said the result was partly because of courses designed to meet the needs of employers and students."It's very pleasing to think that we are now seen by many international employers as a university of preference when it comes to recruiting our MBA and other graduate students," he said.The Sydney Business School operates from UOW's Innovation Campus and a new state-of-the-art facility at Sydney's Circular Quay.Classes at the new Sydney campus began earlier this year.Professor Glynn said domestic student numbers continued to increase."Despite the overall decline in international students, we have more or less maintained our numbers, which looking at the market is quite an achievement," he said.The QS Global 200 Business Schools Report, released last night, features 11 Australian business schools.QS claims its ranking system "provides an alternative to traditional MBA rankings" because it is based on feedback from MBA employers around the world.The survey asked employers to identify preferred business schools, and received more than 2000 responses from 42 countries.Singapore's INSEAD topped the list of Asia-Pacific business schools.