QS World Ranking 2024 | 28 Jun 2023
Why in News?
Indian Institute of Technology (IIT) Bombay has achieved a significant milestone by breaking into the world's top 150 universities in the latest edition of the Quacquarelli Symonds (QS) World University Ranking. This remarkable leap comes after eight years since the Indian Institute of Science (IISc) Bangalore achieved a similar feat.
- However, the ranking list has witnessed fluctuations, with IISc falling 70 positions. These changes are attributed to the revised ranking parameters introduced by Quacquarelli Symonds, the UK-based ranking agency.
What are the Key Insights from QS World University Ranking?
- Global Rankings Overview:
- Massachusetts Institute of Technology (MIT) tops the World University Ranking for the twelfth consecutive time.
- National University of Singapore becomes the first Asian university to enter the top 10.
- Indian Universities in QS World Rankings:
- India is the seventh most represented country globally, with 45 universities ranked.
- IIT Bombay achieves its highest rank ever, securing the 149th position globally in the QS World University Ranking.
- IIT Bombay demonstrates excellence in employment reputation and citation per faculty. Notable improvement in citation per faculty, rising from 55.1 to 73.1.
- University of Delhi and Anna University make their debut in the top 500 universities.
What are the Revised Ranking Parameters in QS?
- QS introduced three new indicators: sustainability, employment outcomes, and international research network, each with a weightage of 5%.
- Adjustments were made to existing parameters: academic reputation, faculty-student ratio, and employer reputation.
- Decreased weightage for faculty-student ratio.
- Impact on Indian Institutions:
- Reduction in faculty-student ratio weightage benefits Indian institutions overall.
- However, research-focused institutions like IISc face challenges due to decreased weightage.
- Employability outcomes indicator benefits several Indian institutions.
What is QS World University Rankings?
- QS World University Rankings are released annually by Quacquarelli Symonds (QS).
- The rankings evaluate the performance and quality of universities worldwide.
- The methodology considers indicators such as academic reputation, faculty-student ratio, employer reputation, sustainability, employment outcomes, international research network, citations per faculty, international faculty ratio, and international student ratio.
- They provide rankings by subject, region, student city, business school, and sustainability.