Steadily on the top

12 Nov, 2015

It is continuously the second year the University of Economics Hochiminh City (UEH) has been ranked one of the best 1,000 business schools in 154 countries around the world, announced at the 2015 Eduniversal World Convention in Boston (the U.S.).

According to the Ranking, three higher education institutions of Vietnam has been ranked in the Palme League 2 which are good business schools with strong regional influence. UEH continues to be in the best of business universities in Vietnam and the FPT School of Business (FSB) and the French - Vietnamese Centre for Mangement (CFVG) have respectively been ranked the second and the third.

The Eduniversal Annual Ranking’s best 1,000 business schools are classified into 5 Palme Leagues as indicated in Table 1.

Table1. Palme League Classification

Palme League	Scope of Influence	Quantity of Unversity/College/School
1	Business Schools with considerable local influence	100
2	Good Business Schools with strong regional influence	200
3	Excellent Business Schools with reinforcing international influence	400
4	Top business schools with significant international influence	200
5	Universal business schools with strong global influence	100

There have been so many well-known universities worlwide to be in line with three Vietnam’s universities, such as: California State University Long Beach and California State University, Chico (the U.S); James Cook University (Australia); RIKKYO University (Japan); Lille1 University (France), etc.

Established since 1994, Eduniversal is a global ranking and rating agency specialising in higher education. Its objectives are to provide the tools and expertise to enable individuals, regardless of nationality, income level or background, to be able to navigate the best global educational opportunities and to make the right personal choices, from selecting an academic institution to choosing a career. In addition, the agency can provide an in depth view on global academic expertise to all stakeholders of higher education with the goal of actively supporting international exchanges between schools, encouraging mobility for professors and students, and assisting HR professionals to identify specialised talent.

The number of schools selected to take part in the ranking, from each of the 154 countries, is determined according to a quota method using both quantitative and qualitative criteria as shown in Table 2.

Table 2. Eduniversal’s Quota Method of Quantitative and Qualitative Criteria

No	Quantitative	Qualitative
1	The national expenditure on education per inhabitant	The number of graduate academic institutions in the country
2	The GDP per inhabitant	The historical importance of the national educational tradition
3	The size of the population	-
4	The number of students in higher education	-