13 July 2017

The magazine Money, published by Time Inc, specialises in personal finance. It produces annual rankings of American colleges based on their ability to provide a return on investment. Colleges are ranked according to 27 indicators including scores for the SAT and ACT tests, costs, graduation rates, student faculty ratio, financial sustainability, debt, loan repayment and graduate employment. There are also several value-added metrics that take account of standardised test scores and the number of students from poor families.

A total of 711 institutions were ranked. Criteria for inclusion were having an enrollment at least 500 students, availability of reliable data, meeting requirements with regard to graduation rates, and not being in financial difficulties.

The rankings show that while the traditional elite of US higher education such as Princeton and Harvard do well some less well-known institutions including Washington and Lee university, the University of Florida and the College of New Jersey also get high scores. Together they make up a new “paycheck league”.

Five of the top ten colleges are in California and four in the Northeast. Many of the institutions that offer the least value for money are historically Black colleges, small religious schools or art colleges.

The top five institutionsare:

  1. Princeton University
  2. City University of New York Bernard MBaruch College
  3. University of Michigan Ann Arbor
  4. University of California Berkeley
  5. University of California Los Angeles.

The rankings have an interactive feature that allows users to rank colleges according to the various indicators. The top five for SAT or ACT scores are:

  1. California Institute of Technology (Caltech)
  2. University of Chicago
  3. Vanderbilt University
  4. Harvard University
  5. Yale University.

The top five for early career earnings are:

  1. Caltech
  2. Harvey Mudd College
  3. Massachusetts Institute of Technology (MIT)
  4. Stanford University
  5. Carnegie Mellon University.


IREG Initiatives

With the fast development of science and technology, as well as the internationalization of scientific activities, international academic awards have been more and more popular and influential. Numerous international academic awards have been established to provide individuals with incentives and motivation for new academic work and to reward past excellent academic accomplishments.


The purpose of the IREG Ranking Audit, conducted by independent experts, is to verify and attest that ranking under review is done professionally, with a transparent methodology, observes good practices and responds to a need for relevant information of various stakeholders, in particular students, higher education institutions, employers and policy makers.


National and international academic rankings play ever increasing role as a barometer of quality of higher education institutions. The purpose of "IREG Inventory of National Rankings" is to collect and make available on the IREG Observatory website information on the current state and scope of this important group of rankings.


The purpose of "IREG Inventory of International Rankings" is to collect and make available on the IREG Observatory on Academic Ranking and Excellence website information on the current state and scope of this important group of rankings.


The purpose of the IREG Guidelines for Stakeholders of Academic Rankings is to provide recommendations for appropriate interpretations, uses and applications of rankings by potential interested parties, including students and parents, institutions of higher education, policymakers, quality assurance and funding organizations, employers and the media. Specific recommendations have been formulated for each group of stakeholders.


News from IREG Members

The 4th International Workshop on UI GreenMetric World University Rankings (IWGM)

UI GreenMetric World University Rankings is pleased to hold The 4th International Workshop on UI GreenMetric (IWGM) in collaboration with Universitas Diponegoro on 8-10 April 2018. The venue for the event will be in Universitas Diponegoro, Tembalang, Semarang, Indonesia.

This year’s International Workshop on UI GreenMetric will address the theme of “Universities, Impacts and Sustainable Development Goals (SDGs)” and provide the forum to share the best practices in creating a sustainable condition in universities. The attendees will be senior officers (rectors, vice-rectors, sustainability directors, deans, directors, respectful professors) from participating universities which have shown outstanding performance in 2018 UI GreenMetric World University Rankings, environment experts, student leaders and other participants The workshop is expected to offer a platform for exchanging information and cooperation in dealing with sustainability issues.

ESCP Honorary doctorate for Prof. Andrzej Kozminski

Prof. Andrzej K. Kozminski, President of Kozminski University has been awarded an honorary doctorate by ESCP Europe, the oldest business school in Europe. The ceremony took place on Dec 8, 2017, at Palais des Congrès in Paris, during the graduation ceremony of the Class 2017 at ESCP Europe in the presence of many distinguished guests, including Tomasz Mlynarski, Polish ambassador to France.

Prof. Kozminski is an economist, sociologist, and the best-known management scholar in Poland. His academic credentials are best described by the following numbers: 4681 quotations, and Hirsch index of 27. In 1993 he established Kozminski University, and served as its rector (1993-2011), and since 2011 he’s been the president of the university.

Polish universities in a global perspective

Research universities, initiatives of excellence, international and national rankings, accreditations, innovativeness of higher education were the topics of the second conference “Polish universities in the global perspective - Rankings and strategic management of a university ", held in Warsaw 27-28 November 2017. Over 160 participants rectors, vice rectors and directors of international offices took part in the conference, organized jointly by Conference of Rectors of Academic Schools in Poland (CRASP), Polish Accreditation Committee (PKA) and Perspektywy Education Foundation. Jarosław Gowin,Deputy Prime Minister and Minister of Science and Higher Education extended his patronage over the conference.

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