Out of the 37 top universities in Australia, seven feature in the prestigious top 100 Times Higher Education World University Ranking 2023.
Australia’s Monash University has jumped 13 places in just one year and ranked the 44th-best university in the world.
With this feat, Monash is just 10 spots behind the University of Melbourne (Uni Melb) which has been named Australia’s No. 1 for 13 consecutive years.
Monash overtook the University of Queensland (UQ), which rose one spot to 53, and the Australian National University (ANU), which fell eight spots in the global rankings.
Phil Baty, chief knowledge officer for Times Higher Education, told AFR that at present there are seven Australian world top-100 universities, compared to six in 2021.
“We’ve seen more Australian universities gaining ground than slipping and more Australian institutions at the very top of the rankings.”
Astonishingly, ANU moved from second to fifth place in the latest rankings of local universities.
Meanwhile, Sydney University moved four places up and ranked at No. 54, the University of Technology Sydney ranked No. 133, and Macquarie University ranked at No. 175.
While the University of New South Wales (UNSW) fell one place to rank at No. 71, both the Queensland University of Technology (QUT) and the University of Canberra dropped out of the top 200 list.
University rankings are important for Australian universities as it helps attract international students. Australia has the third-highest number of international students in the world, behind only the UK and the US. Further, international education is the biggest export industry for Australian states such as Victoria which generated $6.9 billion in revenue last year.