The number of international university rankings continues to increase. They fulfil several roles. Students and their parents, potential employers and sponsors need to have some idea of the quality of the places where they spend time and money.
Government agencies and university administrators want to assess the results of expenditure of public funds. Rankings have also become an arena for competition among universities and states for prestige and resources. (...) - University World News, by Richard Holmes, 12 September 2014 Issue No:334