Harvard, MIT Ranked Most Prestigious Universities, Study Reports

Harvard University and Massachusetts Institute of Technology were ranked the world’s most prestigious universities, according to a survey compiled for London-based Times Higher Education magazine.

The U.S. took seven of the top 10 places and 45 of the top 100, the magazine said in its first study of academic reputation. Cambridge and Oxford along with the University of Tokyo were also among the top 10, according to the poll by Ipsos (IPS) Media CT for Thomson Reuters, the magazine’s data supplier.

“In an ever more competitive global market for students, academics and university administrators, and at a time when the answers to the world’s most pressing problems will come from putting together the best brains wherever in the world they may be based, a university’s reputation for academic excellence is crucial,” Phil Baty, editor of the magazine’s annual rankings, said in a statement.

The U.K. had 12 universities in the top 100, followed by Japan with five, and Canada, Australia, Germany and the Netherlands with four each, the magazine said.

Harvard and Princeton University, ranked seventh on the list, last month said they will resume early-admissions programs they dropped in 2007 due to demand.

Harvard is the world’s richest university. The University of Cambridge, third on the magazine’s list, is Britain’s richest, followed by Oxford, sixth in the ranking, according to a report by the Financial Times in September.

The survey of 13,388 academics in 131 countries, conducted last year, uses data compiled for Times Higher Education’s most recent annual September ranking of the world’s best universities.

To contact the reporter on this story: David Altaner in London at daltaner@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge in London at Ckeatinge@bloomberg.net

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