The Center for World University Rankings (CWUR) is now based in the United Arab Emirates. It publishes annual global rankings with seven indicators as follows:

Education: alumni who have achieved academic awards (25% weighting)

Employability: alumni who have held top positions in public companies (25%)

Faculty: faculty members who have received academic awards (10%)

Research: research papers (10%), research papers in top-tier journals (10%), research papers in highly influential journals (10%), highly cited research papers (10%).

This ranking seems to be biased against Asian universities. No mainland university has a score for the Faculty indicator, and several leading institutions, including Shanghai Jiao Tong University and Zhejiang University, are unranked for Education. Overall, the best-performing Chinese university is Tsinghua University, in 44th place. The leading Indian institution is the Indian Institute of Management Ahmedabad, in 419th place.

The upper level of the rankings is dominated by the USA. In the overall top twenty, there are one Japanese, three British, and sixteen American universities,

Harvard is first in each of the four indicator groups. The top five overall are:

1. Harvard University
2. Massachusetts Institute of Technology
3. Stanford University
4. University of Cambridge
5. University of Oxford.

Source

Center for World University Rankings