The University of Sydney leapt 26 places to 90th position in the latest THE subject rankings for economics and business, up from 116th place last year.
Unlike many universities, the study of business and economics is split between two schools at Sydney.
Welcoming the result, the Dean of the Business School, Professor Greg Whitwell, pointed out that the THE rankings comes at the end of a year of outstanding results including rankings published by the London-based Financial Times, QS World University Rankings and The Economist.
“The results that we have achieved this year are an unequivocal endorsement of our ‘business not as usual’ strategy which has been implemented by academics of the highest quality,” Professor Whitwell said.
“There is no doubt that ours is a Business School at the cutting edge of world-class education.”
Head of the School of Economics Professor Garry Barrett also welcomed the result and said it was testament to the high quality of teaching and research in economics at the University of Sydney.
“The School of Economics is deeply engaged in rigorous academic research and education, with a commitment to inform and contribute to public policy debate, to engage with business and community organisations and to support civil society,” Professor Barrett said.
The THE rankings are based on 13 criteria covering citations, publications, doctorates awarded, research, student to academic ratios, international students and staff and reputation. The University of Sydney increased its score in eight of the 13 ‘sub-indicators’.
The most significant improvement was in the University’s reputation for teaching and research in economic and business – up 30 places on last year.
“This is extremely pleasing as it is largely our reputation in these areas that attracts quality staff and quality students,” Professor Whitwell said. “Our reputation is our number one asset and the THE result indicates that it is a highly valued one.”