Recently, the Times Higher Education (THE) published its BRICS & Emerging Economies Rankings 2014. The ranking is the first of its kind in the world.
THE’s argument behind coming up with this ranking was that its well known World University Rankings are mostly dominated by big US names, followed by UK and Europe thereby somewhat eclipsing the progress of higher education (HE) institutions in the emerging economies.
In the past decade, higher education has taken priority in many of these economies. With increased international mobility and competitiveness, these countries realized the need to quickly find their place in the global HE play ground. China is at the fore front to develop its image as a knowledge economy by bringing the country’s top institutions to the world level. India, over the last ten years, has banked on the private higher education sector with private institutions like Indian School of Business appearing for the first time in the top 20 of the Financial Times Global MBA rankings. Indian government has also announced improvements of its HE system in its latest Five Year Plan.
THE’s new ranking, which includes the BRICS (Brazil, Russia, India, China, South Africa) countries, also took into account 22 other countries classified as emerging by the FTSE index and is based on the same 13 performance indicators used by THE for the World University Rankings (university missions of teaching, research, knowledge transfer and international outlook, etc.).
Click on the table to see the full list.