ARWU

Finance 2021

Academic Ranking of World Universities · · Methodology · Source: Academic Ranking of World Universities official website · Editorial Standards

Ranks universities globally for research strength and academic reputation in finance.

ARWU relies entirely on objective, verifiable academic indicators (Nobel Prizes, Nature/Science papers, Highly Cited Researchers) and uses no reputation surveys.

How does Finance evaluate universities?

Finance, published by Academic Ranking of World Universities, evaluates universities worldwide using key indicators such as CNCI, IC, Q1, TOP, each assigned a distinct weight according to a publicly documented methodology. Data sources combine academic peer reviews, employer surveys, bibliometric databases such as Scopus and Web of Science, and institutional self-reported statistics, all independently verified by the publisher's research team. The 2021 edition assessed 200 universities from 11 countries and regions, covering teaching quality, research output, internationalization, and graduate employability across undergraduate, master's, and doctoral programs. Academic Ranking of World Universities recollects raw data annually and cross-checks results to ensure the rankings reflect each institution's most current performance in faculty strength, scholarly productivity, global reach, and student outcomes, providing a reliable reference for prospective students, parents, and education researchers.

Which are the top universities in Finance 2021?

The top universities in Finance 2021 are: New York University, University of Pennsylvania, University of Chicago, Harvard University, Columbia University. This edition, published by Academic Ranking of World Universities, evaluated 200 universities from 11 countries and regions using indicators such as CNCI, IC, Q1, TOP. Rankings reflect weighted performance across multiple dimensions; students should consider methodology differences and their own academic priorities when interpreting results.

How does Finance differ from other ranking systems?

ARWU (Academic Ranking of World Universities), created by Shanghai Jiao Tong University in 2003 as the world's first international university ranking, is based entirely on objective, verifiable academic indicators and uses no reputation surveys: alumni winning Nobel Prizes and Fields Medals (10%), faculty winning Nobel Prizes and Fields Medals (20%), highly cited researchers across subject fields (20%), papers published in Nature and Science (20%), papers indexed in SCIE and SSCI (20%), and per-capita academic performance (10%). In contrast, QS and THE both incorporate reputation questionnaires as core weights, while US News combines reputation surveys with bibliometric data. ARWU's transparent methodology and reproducibility make it authoritative for evaluating research strength and academic prestige.

No results found
đŸ‡ĻđŸ‡ē Australia
đŸ‡Ļ🇹 Austria
🇧đŸ‡Ē Belgium
🇨đŸ‡Ļ Canada
đŸ‡¨đŸ‡ŗ China
🇩🇰 Denmark
đŸ‡Ģ🇮 Finland
đŸ‡Ģ🇷 France
🇩đŸ‡Ē Germany
🇭🇰 Hong Kong
🇮đŸ‡Ē Ireland
🇮🇹 Italy
đŸ‡ŗđŸ‡ą Netherlands
đŸ‡ŗđŸ‡ŋ New Zealand
đŸ‡ŗđŸ‡´ Norway
đŸ‡ĩ🇹 Portugal
🇸đŸ‡Ŧ Singapore
đŸ‡ŋđŸ‡Ļ South Africa
🇰🇷 South Korea
đŸ‡Ē🇸 Spain
🇸đŸ‡Ē Sweden
🇨🇭 Switzerland
🇹đŸ‡ŧ Taiwan
đŸ‡ĻđŸ‡Ē United Arab Emirates
đŸ‡Ŧ🇧 United Kingdom
đŸ‡ē🇸 United States
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Total 200 universities

Per page

10
20
50
100
University
Country
1 New York University logo New York University (NYU) đŸ‡ē🇸 United States 296.1 84.3 67.4 100.0 97.2
2 University of Pennsylvania logo University of Pennsylvania đŸ‡ē🇸 United States 292.8 88.6 66.0 94.6 100.0
3 University of Chicago logo University of Chicago (UC) đŸ‡ē🇸 United States 287.3 100.0 53.5 90.3 96.5
4 Harvard University logo Harvard University đŸ‡ē🇸 United States 268.2 84.1 68.2 81.9 96.5
5 Columbia University logo Columbia University (CU) đŸ‡ē🇸 United States 262.4 69.9 73.8 87.4 89.0
6 Stanford University logo Stanford University (SU) đŸ‡ē🇸 United States 254.5 89.6 63.7 81.1 81.6
7 Boston College logo Boston College (BC) đŸ‡ē🇸 United States 253.3 97.2 59.7 78.6 80.8
8 University of Southern California logo University of Southern California (USC) đŸ‡ē🇸 United States 248.1 90.9 66.7 77.4 79.9
9 Massachusetts Institute of Technology logo Massachusetts Institute of Technology (MIT) đŸ‡ē🇸 United States 246.8 72.0 61.4 80.3 84.2
10 London Business School logo London Business School (LBS) đŸ‡Ŧ🇧 United Kingdom 246.7 100.0 100.0 74.8 74.5
11 University of Toronto logo University of Toronto 🇨đŸ‡Ļ Canada 245.4 76.5 90.5 84.3 71.7
12 University of Texas at Austin logo University of Texas at Austin đŸ‡ē🇸 United States 243.6 78.5 64.5 83.5 72.6
13 Northwestern University logo Northwestern University (NU) đŸ‡ē🇸 United States 241.6 86.6 62.6 76.5 77.3
14 Duke University logo Duke University đŸ‡ē🇸 United States 239.7 96.8 60.4 70.2 79.9
15 Ohio State University, Columbus Ohio State University, Columbus đŸ‡ē🇸 United States 237.3 86.5 68.6 72.1 79.1
16 University of Illinois Urbana-Champaign logo University of Illinois Urbana-Champaign (UIUC) đŸ‡ē🇸 United States 234.4 78.7 65.0 79.9 68.7
17 Cornell University logo Cornell University (CU) đŸ‡ē🇸 United States 232.9 73.7 60.4 78.2 72.6
18 Indiana University Bloomington logo Indiana University Bloomington (IU) đŸ‡ē🇸 United States 231.0 81.4 54.3 79.5 65.6
19 London School of Economics and Political Science logo London School of Economics and Political Science (LSE) đŸ‡Ŧ🇧 United Kingdom 229.7 66.5 80.5 76.5 73.6
20 University of Washington logo University of Washington (UW) đŸ‡ē🇸 United States 228.4 87.0 60.4 72.1 70.7
21 UNSW Sydney logo UNSW Sydney (UNSW) đŸ‡ĻđŸ‡ē Australia 228.1 73.3 75.7 86.6 54.0
22 University of North Carolina at Chapel Hill logo University of North Carolina at Chapel Hill (UNC) đŸ‡ē🇸 United States 224.8 84.7 58.9 69.3 72.6
23 University of Michigan logo University of Michigan (UM) đŸ‡ē🇸 United States 219.9 81.3 69.3 69.8 67.7
24 University of California, Berkeley logo University of California, Berkeley (UCB) đŸ‡ē🇸 United States 217.5 69.3 69.5 68.8 72.6
25 Washington University in St. Louis logo Washington University in St. Louis (WUSTL) đŸ‡ē🇸 United States 215.5 85.1 74.0 67.4 64.5
26 Arizona State University logo Arizona State University (ASU) đŸ‡ē🇸 United States 212.1 81.2 66.9 73.9 54.0
27 University of Minnesota logo University of Minnesota đŸ‡ē🇸 United States 210.3 72.4 60.2 69.8 63.5
28 University of California, Los Angeles logo University of California, Los Angeles (UCLA) đŸ‡ē🇸 United States 208.0 80.4 70.5 60.7 69.7
29 Tilburg University logo Tilburg University (TiU) đŸ‡ŗđŸ‡ą Netherlands 204.5 86.4 92.2 65.4 54.0
30 Singapore Management University logo Singapore Management University (SMU) 🇸đŸ‡Ŧ Singapore 204.2 84.4 97.1 66.4 52.7
31 Stockholm School of Economics logo Stockholm School of Economics (HHS) 🇸đŸ‡Ē Sweden 201.0 76.3 86.1 61.2 62.4
32 HEC Paris logo HEC Paris đŸ‡Ģ🇷 France 200.5 90.9 88.8 57.4 60.1
33 Erasmus University Rotterdam logo Erasmus University Rotterdam (EUR) đŸ‡ŗđŸ‡ą Netherlands 198.4 64.3 86.4 67.4 56.5
34 University of Notre Dame logo University of Notre Dame đŸ‡ē🇸 United States 197.6 95.6 57.3 56.8 58.9
35 University of Hong Kong logo University of Hong Kong (HKU) 🇭🇰 Hong Kong 197.0 78.8 85.8 63.3 54.0
36 The University of Melbourne logo The University of Melbourne đŸ‡ĻđŸ‡ē Australia 195.6 61.4 81.7 70.2 51.4
37 Nanyang Technological University logo Nanyang Technological University (NTU) 🇸đŸ‡Ŧ Singapore 193.3 76.9 98.4 63.3 50.0
38 Hong Kong University of Science and Technology logo Hong Kong University of Science and Technology (HKUST) 🇭🇰 Hong Kong 192.6 69.4 78.3 64.9 52.7
39 Chinese University of Hong Kong logo Chinese University of Hong Kong (CUHK) 🇭🇰 Hong Kong 191.9 79.3 86.4 63.3 48.6
40 Bocconi University logo Bocconi University 🇮🇹 Italy 191.3 67.8 82.0 61.8 56.5
41 Yale University logo Yale University đŸ‡ē🇸 United States 189.7 83.9 56.5 53.2 62.4
42 Copenhagen Business School logo Copenhagen Business School (CBS) 🇩🇰 Denmark 189.6 81.0 86.7 56.8 55.3
43 University of Oxford logo University of Oxford đŸ‡Ŧ🇧 United Kingdom 188.7 64.5 80.9 61.2 56.5
44 City St George's, University of London logo City St George's, University of London đŸ‡Ŧ🇧 United Kingdom 186.0 64.6 80.7 62.8 51.4
45 Georgia State University logo Georgia State University (GSU) đŸ‡ē🇸 United States 185.9 76.0 64.2 63.9 45.6
46 University of Maryland, College Park logo University of Maryland, College Park (UMD) đŸ‡ē🇸 United States 184.9 69.7 72.4 54.4 61.2
47 University of Utah logo University of Utah (UU) đŸ‡ē🇸 United States 183.1 100.0 61.0 48.7 54.0
48 University of Georgia logo University of Georgia (UGA) đŸ‡ē🇸 United States 181.6 73.8 45.2 67.4 39.1
49 City University of Hong Kong logo City University of Hong Kong 🇭🇰 Hong Kong 181.1 79.2 87.2 60.2 42.5
50 Pennsylvania State University logo Pennsylvania State University (PSU) đŸ‡ē🇸 United States 179.4 70.9 59.4 59.6 48.6