UrFU entered the Shanghai subject ranking for business management for the first time

15:14, October 31, 2023

We took a place in group #301-400

In the new edition of the Shanghai (ARWU) subject ranking 2023, Ural Federal University was included in the Business Administration ranking for the first time, taking place in group #301-400. Until last week, ARWU remained the last of the three main subject rankings of universities in the world without UrFU representation in areas related to economics and management.

A major contribution to this result was made by faculty of bachelor’s programme “International Economics and Business” and international researchers from the GSEM research laboratories. In 2015, IEB programme got international accreditation by EFMD, and in 2021 it was extended for five years. The Head of the programme, Zhanna Belyaeva, commented on the ranking:

“ Shanghai Ranking's Academic Ranking of World Universities (ARWU) is different in that it evaluates a university’s contribution to the global level of achievement in certain areas of science. It assesses the level of involvement of researchers in the international community. So far, there are no Nobel laureates among GSEM UrFU graduates, and this is one of the evaluation criteria, but in terms of citation levels and inclusion in world scientific groups, we are confidently moving up. This is not only the result of the internationalization of GSEM, but also the result of the involvement of students in the leading research groups of the School, some of whom have already developed their research to the point of preparing to defend their candidate dissertations. I congratulate our School, and I also wish our students and graduate students to continue to work on high-quality publications that make it possible to make new discoveries and increase the influence of the School on world science.”

Only two Russian universities were included in this ranking (the other Russian representative was the Higher School of Economics). The ARWU subject rating is characterized by transparency and reproducibility: almost all of its criteria are based on data on the publication activity of universities available for study by the professional community. Another distinctive feature of these ratings is a very high threshold for the number of publications that participating universities need to overcome.

The global visibility and competitiveness of business education at GSEM was already noted this year in a study by the Expert Analytical Center. And most recently, the university improved its position in THE subject ranking “Business and Economics”, becoming one of the 175 best universities in the world.