Methodology of Jiang's Ranking of Australian Business Schools
The overall ranking is produced based on four indicators: Subject Worldwide Reputation (SWR), Global Accreditation and Master of Business Administration (GA&MBA), Excellence of Research for Australia (ERA), and Research Publication Impact (PRI). Each of these four indicators equally contribute to the overall ranking. The following information only provides an overview of the methodology. Click here to download the full methodology document for Jiang's Ranking.
SWR is an integration of the four major world university rankings (by subject) published most recently (e.g., the 2018 Jiang’s ranking, produced in December 2017, referred to the following rankings published in 2017):
- QS World University Rankings by Subject (Subfields: Business & Management Studies, Accounting & Finance, and Economics & Econometrics)
- Times Higher Education (THE) World University Rankings by Subject (Business & Economics)
- US News Best Global Universities for Economics and Business
- Academic Ranking of World Universities (ARWU) by Subject (Subfields: Economics, Business Administration, Management, and Finance)
GA&MBA integrates the global accreditation status of a university’s business school and the national/international rankings of the university’s MBA program. GA and MBA are equally weighted.
- GA is assessed against business school accreditations from three global professional agencies: (1) European Foundation for Management Development (EFMD) for EQUIS accreditation (if not, for EPAS accreditation which is assessed to be equivalent to 30% of the full school accreditation – EQUIS); (2) Association to Advance Collegiate Schools of Business (AACSB); and (3) Association of MBAs (AMBA)
- MBA is assessed against both national and international rankings. The national ranking contributes to 25% of the MBA score, while the three international rankings contribute to 75%. National ranking specifically refers to the latest BOSS MBA Rankings (GMAA ranking is excluded for 2018 and future years; see the full methodology document for details/reasons). International Rankings, all published in 2017, include (1) Financial Times Global MBA Ranking 2017; (2) The Economist MBA Rankings 2017; and (3) QS Global MBA Rankings 2018.
The ERA indicator is assessed against the following two criteria:
- The latest ERA 5-point ranking conducted by Australian Research Council (ARC) every three years
- The number of ARC grants in the previous year (e.g., the number of successful discovery and linkage grants announced by ARC in 2017 counts towards the 2018 ranking)
RPI is calculated based on research publication data in Scopus (SciVal), taking into account the “Business, Management and Accounting” and “Economics, Econometrics and Finance” categories. The following criteria are consolidated for RPI:
- Total Number of Scholarly Outputs in the previous three years (weighting = 10%; 1 point for n >= 100 and n/100 point for n < 100).
- Field-Weighted Views Impact (Weighting = 10%)
- Field-Weighted Citation Impact (Weighting = 20%)
- Citations per Publication (Weighting = 20%)
- Publications in Top 25 Journal Percentiles (%) (Weighting = 20%)
- Field-Weighted Mass Media (online) (Weighting = 10%)
- Field-Weighted Mass Media (print) (Weighting = 10%)