College Park, Md. – November 11, 2009 – The University of Maryland was recognized as No. 16 in the world for the strength of its faculty and quality of research in business and economics in the 2009 Academic Ranking of World Universities (ARWU) released Nov. 4. The rankings are compiled by the Center for World-Class Universities of Shanghai Jiao Tong University in China. The University of Maryland also ranked No. 17 in the broader field of social sciences, which includes business and economics.
The overall rankings identify the leading 500 universities around the world and are widely referenced by the global university community. Institutions and broad fields have been ranked since 2003. This year the organization introduced subject rankings in chemistry, computer science, mathematics, physics and economics/business.
“We’re honored to be recognized in this influential ranking, and certainly share the credit with our colleagues in the department of economics at the College of Behavioral and Social Sciences” said G. “Anand” Anandalingam, dean of the Robert H. Smith School of Business at the University of Maryland. “Our faculty are working on relevant, world-leading research that has big impact both in the classroom and in practice to tackle current issues in business and the economy.”
The Smith School has been widely recognized as a world leader in research and faculty strength, ranking No. 9 globally for faculty research in the 2009 Financial Times executive education rankings, published in October.
The ARWU ranks institutions according to their academic or research performance. Ranking indicators include alumni and staff winning Nobel Prizes, Fields Medals and Turing Awards, highly cited researchers, papers indexed in Science Citation Index-Expanded (SCIE) and Social Science Citation Index (SSCI), and the percentage of papers published in the top 20-percent academic journals in each field.
Beginning this year, the rankings were published by ShanghaiRanking Consultancy. A complete list of the annually updated rankings can be found at the Academic Ranking of World Universities Web site.
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About the University of Maryland's Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.