U-Multirank, a new university ranking system, is being launched under the Irish EU Presidency in Dublin today by Ruairí Quinn, TD, Minister for Education and Skills and European Commissioner Androulla Vassiliou. This new system marks a radical departure from the traditional methods of grading higher education institutions which tend to focus mainly on research performance. 500 universities worldwide are expected to sign up.
Given the increasing global demand for a ‘knowledge society’, public interest in the performance of higher education institutions (HEIs) has never been higher. However, the current systems of global university rankings do not reflect the needs of all stakeholders – including students, business and governments.
U-Multirank is addressing this by measuring the performance and excellence of HEIs across a variety of dimensions. Five areas are measured: reputation for research, quality of teaching and learning, international orientation, success in knowledge transfer (such as partnerships with business and start-ups), and contribution to regional growth.