Measuring the Stability of University Rankings in the Field of Education

8 Pages Posted: 20 Nov 2018

See all articles by Nikola Zornić

Nikola Zornić

University of Belgrade - Faculty of Organizational Sciences, Students

Marina Dobrota

University of Belgrade - Faculty of Organizational Sciences

Veljko Jeremic

University of Belgrade

Date Written: September 8, 2016

Abstract

The stability of ranking entities is one of the majorly discussed topics when concerning the ranking methodology. It is an important property which increases rankings reliability and credibility. Ranking of universities is, among others, an often examined topic in the terms of its stability, making the researchers worldwide agree that a statistically solid and firm ranking of universities is needed. This paper provides the stability analysis of the particular subject of the QS (Quacquarelli Symonds) World University Rankings compared to the University Ranking by Academic Performance (URAP). Namely, institutions that rank universities have turned the alertness from global academic rankings to more particular rankings in given scientific fields. In this paper, we particularly chose the field of Education, as one of the major factors that contribute to general well-being. We conducted the uncertainty and sensitivity analysis on the QS and URAP rankings in the field of Education to analyze the effects of their weighting schemes. The main goal of this paper is to compare the stability of QS and URAP ranking methodologies. Furthermore, we propose a Composite Idistance Indicator(CIDI) methodology as a tool for implementing the distinguishing innovations into the ranking methodology, in order to provide a more stable and solid ranking lists.

Keywords: education, university ranking, innovation, research, QS, URAP, ranking quality, knowledge, CIDI

JEL Classification: I23

Suggested Citation

Zornić, Nikola and Dobrota, Marina and Jeremic, Veljko, Measuring the Stability of University Rankings in the Field of Education (September 8, 2016). 2016 ENTRENOVA Conference Proceedings. Available at SSRN: https://ssrn.com/abstract=3282325

Nikola Zornić (Contact Author)

University of Belgrade - Faculty of Organizational Sciences, Students ( email )

Belgrade
Serbia

Marina Dobrota

University of Belgrade - Faculty of Organizational Sciences ( email )

Jove Ilica 154
11000 Belgrade, 11000
Serbia

Veljko Jeremic

University of Belgrade

Studentski trg 1
Belgrade, 11000
Serbia

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