The value of overseas study is immeasurable, and a study abroad semester or degree enhances the educational experience.

University rankings are considered to be an important tool, if not the most relevant one, in determining the quality of education at higher education institutions, schools, departments and programs according to a specific set of factors. Rankings are often consulted by both applicants in the university admission process deciding on their next place of study or work, as well as directors of the institutions measured in the rankings as a benchmark against other relevant institutions.

Source: Ministry of Education of the People’s Republic of China (China), The Survey of Earned Doctorates, National Science Foundation (US)

Following the entry on this blog last month about countries with the most top 100 economics departments according to REPEC data, I thought it a worthwhile pursuit to look a little more into these rankings, and to seek out some alternatives to that offered by REPEC.

Data Source: RePEc Are you still wondering where the best universities to study economics are located? A quick look at the graph above can provide you with the answer. The graph breaks down the location of the Top Economics Departments ranking computed using RePEc data released in September 2012.

The China Economic Review from last month ran an interesting piece by John van Fleet about the 150,000+ Haigui (海归) currently studying in the USA (Haigui, literally “Sea Turtles” is the name given to Chinese students studying abroad). Van Fleet discusses not only the challenges of interaction between international and domestic students, but also the economic impact for both host and origin country.