What is the rankings based on? The "100 under 50 rankings" is based on 13 performance indicators that cover teaching, research, interaction with industry and internationalization. To qualify for inclusion in the ranking, universities have to be 50 years old or younger. The university has to be founded in 1963 or 1963 onwards. This ranking stems from the fact that the traditional elite universities cannot continue to bask in the glory of their past achievements. The new breed of young universities is fast emerging as challenging contenders.
It provides a glimpse into the future, showcasing not those institutions with centuries of history, but the rising stars which show great potential. The table employs the same 13 separate indicators as the World University Rankings, but the methodology has been carefully re-calibrated to reflect the special characteristics of younger universities, giving less weight to subjective indicators of academic reputation.
It is found that Indian institutes that are under 50 years old lag behind in meeting up global standards in education which are because of lack of funds and resources.
Other countries like China and Russia have also failed to make a mark in setting up top new universities.
This year South Korea's Pohang University of Science and Technology has made its way to the top of the list for the second time. These new universities have adequate funds and resources to compete with the already established top-class universities in the United States (US) and the United Kingdom (UK).
According to the sources, few other findings from the list show that the position of Hong Kong University of Science and Technology fell from 3rd in 2012 to 4th in 2013 whereas the position of The Korea Advanced Institute of Science and Technology (KAIST) rose from fifth to third. The University of York is the only UK institution to make it to the top 10 this year, grabbing the seventh position. In 2012, a total of three UK institutions succeeded in making it to the top 10. The UK features in the list in a very big way this year with a total count of 18 in the top 100 institutions, although the count has come down from 20 in 2012. Some of the other highest placed UK institutions are Lancaster University at 14th position, University of East Anglia at 16th and University of Warwick at 13th place.
Further, the list includes US with a count of eight, France at seven, Spain at six, Taiwan at five and Australia with 13 institutions.
Click here to view the top 100 list.