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June 16, 2020

Ranking for Innovative Universities: World Universities With Real Impact

University Rankings

How should universities evolve and innovate as the world enters a new phase with the fourth industrial revolution, accelerated by the COVID-19 pandemic? World’s Universities with Real Impact (WURI) invited educators, researchers, data scientists, and professionals of diverse fields to address this complex question at a virtual conference held on June 11.

WURI is a new university ranking system developed last year at the 2nd Hanseatic League of Universities (HLU) Conference held at Incheon National University, South Korea. It strives to overcome the limitations of existing methods of evaluating and ranking universities.

According to WURI, the existing university rankings heavily weigh on research performance, measured by the number of research papers, and traditional methods of knowledge-transfer. Therefore, they do not correctly assess active and innovative programs of universities in the current era of change.

The society has long voiced the need for a new approach to evaluating the institutions of higher education. Particularly with the advent of the 4th industrial revolution that shifted our perspectives on human talent and management, educators and institutions have been gearing efforts to change school programs and curricula to meet the demands of the corporate world and society, WURI elaborated.

The existing rankings provide essential insight into universities’ research efforts; however, they inadequately represent the universities’ overall social impact as active educational institutions. WURI, an alternative system for extant university rankings, examines the innovative programs of universities. WURI ranking has four evaluation categories:

  1. INDUSTRIAL APPLICATIONS. Not the traditional ways of counting research papers and lecture-type teaching.
  2. Value-creating startups and ENTREPRENEURSHIP. Not the traditional focus on the number of jobs filled.
  3. SOCIAL RESPONSIBILITY, ETHICS, and INTEGRITY. Not a focus on knowledge and skills just for material success.
  4. STUDENT MOBILITY and Openness for Exchange and Collaboration between Schools. Not an independent yet closed system.

The WURI evaluation system adopted the Text Informational Analysis (TIA), based on expert surveys from the university presidents, chancellors, and representatives.

The following four global institutions have created and released the inaugural World’s Universities with Real Impact (WURI) Ranking.

The ranking shows Stanford and MIT in the first and second place, with Aalto University following close in third place. The Arizona State University of the U.S. is on the 7th. It is an excellent case of an innovative university in the U.S.

In Ethical Value, Harvard University is at the top with the University of Pennsylvania, Ecole 42, Duke University, and Columbia University, following the noted order.

For Industrial Application, Stanford University and Massachusetts Institute of Technology (MIT) are ranked first and the second, respectively. Minerva Schools at KGI follows as the third, and California Institute of Technology (Caltech) is ranked fourth.

For Entrepreneurial Spirit, Aalto University of Finland is ranked first, followed by Hanze University of Applied Sciences of the Netherlands and Princeton University of the U.S.

In the Student Mobility and Openness area, the National University of Singapore, Seoul National University, University of Copenhagen, Boston University, and the Free University of Berlin made the top five.

In the global 100, 32 universities from the U.S., eight from the U.K., seven from China, six from South Korea, five from Japan, four from Germany, three from France, and three from India appear in the list.

From India, the University of Delhi, and Indira Gandhi Delhi Technical University for Women are listed in the Global 100, while Chitkara University is ranked 45 in the Entrepreneurial Spirit category.

ICFAI University, Dehradun, has secured 44th place in TOP 50 in The World’s Universities with Real Impact (WURI) Rankings 2020 under the Industrial Application category.

Source: IPSNC

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Edited & Posted by the Editor | 11:07 AM | Link to this Post

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