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Principal Component Analysis on Higher Education Instituition (HEI) Ranking Systems and Conceptual Framework for A New Age Hei Ranking System Ă Indian Context

Author Affiliations

  • 1 Hifield Theorems, 3-78, Joseph Nagar, Marthandam Kanyakumari Dist, Tamilnadu, INDIA

Res. J. Management Sci., Volume 2, Issue (6), Pages 27-32, June,6 (2013)

Abstract

When World class universities gain from the momentum of student mobility, countries embark on establishing World-Class institutions. For countries like India, which have immense resources but still on loosing side of student mobility, it is prime time to fine tune the education sector to meet global standards. World-Class institutions must be motivated for a vision of national growth by regularizing the education sector to all in line with the sectors riving national growth and complemented with a reliable ranking system which has market potential enough to reach international students. Measuring quality of Higher Education Institution (HEI) is complex. Blind inference of statistical data may lead to a biased judgment. Too many measures and unavailable data tend to make the Ranking process fragile against the ever growing stake older demands. To establish a world class. The growing interest on measuring effectiveness of Higher Education Institution is testimony to the recognition that excellence is not only about achieving outstanding results but also addressing increasing stakeholder needs and catering specific learning needs of diverse student population. As going by International ranking systems, US, UK, Germany, Japan, Australia and few other countries occupy the top 200 universities. The chance for Indian Universities to make it to the league is very narrow. This paper is in a motive to improve the standards of the Indian HEI Ranking System to foster creation of world class universities in India. The parameters used by HEI ranking systems with international reach are analyzed and are studied against the principal components used by Indian ranking system. Also an attempt is made to list the principal components for a new age ranking system in Indian context.

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