Methodology for the Rankings of Australian University Business Schools (RAUBS)
RAUBS Rankings are produced based on four indicators: Subject Worldwide Reputation (SWR), MBA Rankings and School Global Accreditation (MBA&GA), Australian Research Council (ARC) outcomes, and Research Publication Impact (PRI). The following information only provides an overview of the methodology.
SWR is an integration of the four major world university rankings (by subject) published most recently (e.g., the 2020 RAUBS rankings referred to the following rankings published in 2019):
- 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)
MBA&GA integrates the global accreditation status of a university’s business school and the national/international rankings of the university’s MBA program.
- 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. Latest international Rankings include (1) Financial Times Global MBA Ranking; (2) The Economist MBA Rankings; and (3) QS Global MBA Rankings.
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 2018 outcomes are used for the 2020 ranking) (40%)
- The number of ARC grants in the previous year (e.g., the number of successful grants announced by ARC in 2019 counts towards the 2020 rankings) (60%)
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:
- Field-Weighted Citation Impact (Weighting = 20%)
- Citations per Publication (Weighting = 30%)
- Publications in Top 10% Journal Percentiles (Weighting = 20%)
- Publications in Top 25 Journal Percentiles (%) (Weighting = 20%)
- Field-Weighted Mass Media (online) (Weighting = 10%)