TIME, in collaboration with Statista R, has announced the publication of the inaugural edition of a new global ranking of universities, which comprises 500 universities. Academic performance is measured by resources, citations, H-indexes, and winners of Nobel prizes and Fields medals, innovation by patents, MOOCS, web activity, and alumni holding executive positions in international companies, and international presence by students, faculty and international web traffic.

The upper levels of the ranking are dominated by English-speaking institutions. The top 100 includes 42 US, 19 British, 8 Australian and 5 Canadian universities. There are none from Eastern Europe, South Asia, Africa or Latin America and only two from China. The Indian Institutes of Technology and Zhejiang University are completely absent.

There are three pillars as follows:

Academic Capacity and Performance (weighting 60%); including Resource expenditure per student, Research income per faculty member, Institutional income, Faculty student ratio, Staff student ratio, Nobel and Fields Laureates, Citation counts, and highly cited researchers

Innovation and Economic Impact (30%); including intellectual property portfolio, MOOCS, total traffic to university web domains, CVs of top executives of companies listed on global stock exchanges

Global engagement (10%); international undergraduates, students, and faculty, Web traffic by international users.

The top five universities are:

1.   University of Oxford

2.   Yale University

3.   Stanford University

4.   Massachusetts Institute of Technology

5.   University of Chicago.

 

Source:
TIME