Improving quality of university rankings |
Rosario Romera
Departamento de Estadística
Universidad Carlos III de Madrid
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- Abstract
University rankings have become a prominent issue in an increasingly
competitive world of higher education. Although a positive view of rankings
is not unanimously shared, the number of meetings and references
to ranking of higher education confirms a wide interest and attention to
this phenomenon. This paper discusses the different instruments used for
building university rankings and proposes a new methodology that involves
simulation techniques allowing ranking universities in a robust way.
The immediate benefit achieved is a reduction of the uncertainty associated
with the assessment of a specific rank which is not representative of
the real performance of the university, and an improvement of the quality
assessment of composite indicators used to rank.
- Keywords: Rankings, Benchmarking, Higher Education Institutions, Composite
indicators, Weighting schemes, Simulation techniques.
- AMS Subject classifications: 62P25.
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