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Subfield · Finance

Top Finance Research Institutions

University of Oxford ranks first in 2022-now, followed by Princeton University and Harvard University, out of 152 ranked institutions.

Quality score: the square root of excellence (the share of works in the world top 10% against what the place's own topics predict, on English-language articles and reviews) times the square root of the journal factor (its papers in the Nature Index's selective journals against what its topics predict), times output to the power 0.3 times breadth (how much of the selected area it works in) to the power 0.25. Floor: 40 fractional works in this field.

Ranked by research quality, 2022-now

#InstitutionScoreTop-10% rateWorksCitationsAll time
1University of OxfordUnited Kingdom · Oxford 100.0 11.9% 198 948#11
2Princeton UniversityUnited States · Princeton 86.2 19.9% 70 522#4
3Harvard UniversityUnited States · Cambridge 78.1 16.2% 86 565#5
4Peking UniversityChina · Beijing 72.4 13.0% 179 1.1k#24
5Centre National de la Recherche ScientifiqueFrance · Paris 68.0 7.7% 471 1.5k#8
6Stanford UniversityUnited States · Stanford 64.3 20.0% 95 968#3
7Columbia UniversityUnited States · New York 61.3 12.0% 187 1.1k#7
8University of CambridgeUnited Kingdom · Cambridge 58.6 13.1% 122 655#19
9New York UniversityUnited States · New York 56.3 14.9% 150 988#2
10University of Hong KongChina · Pok Fu Lam 54.2 13.6% 136 917#20
11University of California, BerkeleyUnited States · Berkeley 52.3 17.1% 90 695#10
12University College LondonUnited Kingdom · London 50.5 14.7% 161 919#39
13Cornell UniversityUnited States · Ithaca 48.9 10.9% 106 551#12
14Imperial College LondonUnited Kingdom · London 47.5 14.9% 97 682#66
15University of EdinburghUnited Kingdom · Edinburgh 46.1 16.1% 103 729#51
16Chinese Academy of SciencesChina · Beijing 44.8 19.5% 94 667#38
17University of AmsterdamNetherlands · Amsterdam 43.6 19.2% 96 495#46
18University of ChicagoUnited States · Chicago 42.5 17.4% 135 1.3k#9
19University of California, Los AngelesUnited States · Los Angeles 41.4 16.8% 84 626#18
20Tsinghua UniversityChina · Beijing 40.4 12.0% 125 646#50
21Johns Hopkins UniversityUnited States · Baltimore 39.4 12.5% 98 441#29
22University of TorontoCanada · Toronto 38.5 12.6% 154 705#23
23National University of SingaporeSingapore · Singapore 37.6 15.6% 116 750#28
24London School of Economics and Political ScienceUnited Kingdom · London 36.7 16.5% 176 1.3k#15
25Erasmus University RotterdamNetherlands · Rotterdam 35.9 13.8% 116 611#45
26Yale UniversityUnited States · New Haven 35.1 10.6% 138 787#31
27Xiamen UniversityChina · Xiamen 34.4 15.9% 105 766#84
28UNSW SydneyAustralia · Sydney 33.7 10.2% 124 533#44
29University of PennsylvaniaUnited States · Philadelphia 33.0 16.3% 81 822#13
30National Bureau of Economic ResearchUnited States · Cambridge 32.3 18.2% 146 1.1k#1
31International Monetary FundUnited States · Washington D.C. 31.6 23.8% 139 972#14
32Massachusetts Institute of TechnologyUnited States · Cambridge 31.0 13.3% 61 391#16
33Federal Reserve Board of GovernorsUnited States · Washington D.C. 30.4 17.6% 169 1.2k#26
34King's College LondonUnited Kingdom · London 29.8 11.1% 127 523-
35Boston UniversityUnited States · Boston 29.2 16.6% 68 413#54
36University of WashingtonUnited States · Seattle 28.7 15.0% 73 434#42
37Monash UniversityAustralia · Melbourne 28.1 11.2% 121 482#41
38University of ManchesterUnited Kingdom · Manchester 27.6 13.8% 128 662#33
39Leibniz AssociationGermany · Berlin 27.1 15.0% 111 505#36
40Fudan UniversityChina · Shanghai 26.6 12.2% 124 681#98
41Duke UniversityUnited States · Durham 26.1 17.7% 74 519#22
42Southwestern University of Finance and EconomicsChina · Chengdu 25.6 12.3% 167 892-
43Chinese University of Hong KongChina · Hong Kong 25.1 11.5% 93 433#56
44Nankai UniversityChina · Tianjin 24.7 13.4% 81 402-
45World Health OrganizationSwitzerland · Geneva 24.2 19.1% 64 586#71
46The University of MelbourneAustralia · Melbourne 23.8 10.1% 123 634#55
47Wuhan UniversityChina · Wuhan 23.4 16.7% 74 441-
48Durham UniversityUnited Kingdom · Durham 22.9 16.7% 73 444-
49Sichuan UniversityChina · Chengdu 22.5 19.3% 93 605-
50City University of Hong KongChina · Hong Kong 22.1 11.9% 87 463#40
51The University of SydneyAustralia · Sydney 21.7 12.2% 157 706-
52The University of QueenslandAustralia · Brisbane 21.4 14.1% 82 492#59
53The University of Texas at AustinUnited States · Austin 21.0 15.8% 72 685#34
54Renmin University of ChinaChina · Beijing 20.6 10.6% 168 948#81
55Goethe University FrankfurtGermany · Frankfurt am Main 20.2 12.2% 92 554#82
56Hong Kong Polytechnic UniversityChina · Hong Kong 19.9 12.5% 97 596-
57Shanghai Jiao Tong UniversityChina · Shanghai 19.5 12.8% 106 477-
58University of LuxembourgLuxembourg · Luxembourg 19.2 11.6% 82 299#77
59Shandong UniversityChina · Jinan 18.8 10.5% 141 658#90
60Utrecht UniversityNetherlands · Utrecht 18.5 14.1% 75 301-
61Australian National UniversityAustralia · Canberra 18.2 11.1% 108 496#94
62Beijing Normal UniversityChina · Beijing 17.8 9.2% 95 342-
63University of Wisconsin–MadisonUnited States · Madison 17.5 10.9% 69 319#65
64Zhejiang UniversityChina · Hangzhou 17.2 12.6% 74 416-
65Xi'an Jiaotong UniversityChina · Xi'an 16.9 17.6% 92 610-
66Central University of Finance and EconomicsChina · Beijing 16.6 12.6% 155 893-
67Huazhong University of Science and TechnologyChina · Wuhan 16.3 18.8% 90 640-
68University of MichiganUnited States · Ann Arbor 16.0 9.3% 84 324#25
69Sun Yat-sen UniversityChina · Guangzhou 15.7 14.1% 79 449-
70University of LeedsUnited Kingdom · Leeds 15.4 14.9% 69 398-
71Rutgers, The State University of New JerseyUnited States · New Brunswick 15.2 5.6% 107 301#79
72Copenhagen Business SchoolDenmark · Copenhagen 14.9 12.8% 104 780-
73University of Southern CaliforniaUnited States · Los Angeles 14.6 16.8% 67 421#62
74McGill UniversityCanada · Montreal 14.3 16.6% 61 304#93
75University of ZurichSwitzerland · Zurich 14.1 13.7% 65 504#75
76Federal ReserveUnited States · Washington D.C. 13.8 15.9% 142 949#32
77RMIT UniversityAustralia · Melbourne 13.5 16.7% 78 562-
78KU LeuvenBelgium · Leuven 13.3 14.6% 92 449#74
79University of WarwickUnited Kingdom · Coventry 13.0 11.2% 116 515#35
80University of Illinois Urbana-ChampaignUnited States · Urbana 12.8 12.5% 78 350#63
81University of BirminghamUnited Kingdom · Birmingham 12.5 12.1% 71 288-
82University of YorkUnited Kingdom · York 12.3 12.7% 67 477#89
83University of BristolUnited Kingdom · Bristol 12.0 9.2% 70 280#88
84University of International Business and EconomicsChina · Beijing 11.8 15.1% 112 824-
85City University of New YorkUnited States · New York 11.6 11.3% 104 413-
86University of GlasgowUnited Kingdom · Glasgow 11.3 11.1% 88 304-
87Universität HamburgGermany · Hamburg 11.1 12.8% 61 262-
88Bocconi UniversityItaly · Milan 10.9 13.5% 83 457#49
89University of GroningenNetherlands · Groningen 10.7 11.4% 67 325#64
90Pennsylvania State UniversityUnited States · State College 10.4 13.0% 72 374-
91University of British ColumbiaCanada · Vancouver 10.2 11.9% 64 279#80
92European Central BankGermany · Frankfurt am Main 10.0 14.3% 220 1.1k#67
93University of NottinghamUnited Kingdom · Nottingham 9.8 10.6% 90 415-
94Ludwig-Maximilians-Universität MünchenGermany · Munich 9.6 9.3% 76 237#72
95Bank for International SettlementsSwitzerland · Basel 9.4 27.5% 63 558#68
96Shanghai University of Finance and EconomicsChina · Shanghai 9.1 11.8% 132 850-
97Capital University of Economics and BusinessChina · Beijing 8.9 18.3% 82 681-
98Zhongnan University of Economics and LawChina · Wuhan 8.7 17.7% 77 519-
99Nanjing University of Finance and EconomicsChina · Nanjing 8.5 15.8% 121 513-
100University of LiverpoolUnited Kingdom · Liverpool 8.3 10.9% 82 340-

institutions ranked worldwide in Finance (152). rank on the quality score within the stated pool. The score track runs 0 to 100; the rate track carries no average mark, because the average differs by field (about 6% in Dentistry, 21% in Economics).

How spread out this pool is

Every row above on one axis, one tick each. Right is a higher score. A field where the top few are far clear of everyone and one that runs down evenly look identical as a table.

8 to 13: 21 places13 to 18: 16 places18 to 22: 13 places22 to 27: 11 places27 to 31: 8 places31 to 36: 6 places36 to 40: 6 places40 to 45: 4 places45 to 50: 3 places50 to 54: 2 places54 to 59: 3 places59 to 63: 1 places63 to 68: 1 places68 to 73: 2 places73 to 77: 0 places77 to 82: 1 places82 to 86: 1 places86 to 91: 0 places91 to 95: 0 places95 to 100: 1 places8100

One bar per band of score, counting the rows on this page.

Ranked by volume, 2022-now

  1. 1 Centre National de la Recherche ScientifiqueFrance 512 works
  2. 2 European Central BankGermany 226 works
  3. 3 University of OxfordUnited Kingdom 208 works
  4. 4 Peking UniversityChina 198 works
  5. 5 Columbia UniversityUnited States 193 works
  6. 6 Southwestern University of Finance and EconomicsChina 191 works
  7. 7 London School of Economics and Political ScienceUnited Kingdom 187 works
  8. 8 Renmin University of ChinaChina 185 works
  9. 9 Federal Reserve Board of GovernorsUnited States 183 works
  10. 10 University College LondonUnited Kingdom 176 works
  11. 11 Central University of Finance and EconomicsChina 173 works
  12. 12 The University of SydneyAustralia 172 works
  13. 13 Sapienza University of RomeItaly 170 works
  14. 14 University of TorontoCanada 167 works
  15. 15 New York UniversityUnited States 163 works

Finance by country

Questions people ask

Which universities lead finance research?

University of Oxford ranks first in 2022-now, followed by Princeton University and Harvard University, out of 152 ranked institutions.

Also asked as

  • What are the best universities for finance research?
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