On April 19-22, 2016 in Moscow, the National Research University Higher School of Economics (HSE) in cooperation with the World Bank held the XVII April International Academic Conference on Economic and Social Development.
The plenary sessions and special round tables were led by representatives of the Russian Presidential Administration, the World Bank, the Organization for Economic Cooperation and Development, and the CEOs of Russian and international companies.
As part of the session “Factors of education quality” EDSG expert – Vitaly Nagornov presented the report “Benchmarking of ranking systems: a way to find indicators of excellence” The report highlighted statistical aspects of the ranking construction based on universities data. The author argued in favor of developing a new ranking principle based on the multidisciplinary approach. The main idea was to consider ranking system approaches in order to improve counting, simplification of data collection and identification of output optimization ways. Therefore, the benchmarking procedure should be revisited by cross-factor and cluster analyses to develop the most effective ranking system.
According to Vitaly, application of this method will allow to unify procedure of formation of different types of ratings. It is also essential to increase rating accuracy, and also give users the opportunity to model various scenarios. The method can be used for M&E of projects and programs in various areas.