Example of the absurdity of general university rankings: the Toulouse School of Economics

Posted on 07/10/2011

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This is a translation from an article written in French by Jean-Claude Levandowski and published in Les Echos on Oct. 6th, 2011. (http://www.lesechos.fr/economie-politique/france/actu/0201668519901-trois-institutions-qui-raisonnent-deja-a-l-echelle-de-la-planete-228020.php)

Start of quote:
Toulouse School of Economics

Being immediately in international competition and be listed in the very first places: it is the ambition of the Toulouse School of Economics (TSE), the result of a spin-off from the University of Toulouse. The TSE is already ranked 11 th in the world (and the 3rd in Europe) for its research by the University of Connecticut. It is ranked number one in the world for its publications in the information economy and two in industrial economics.
Reasons for this success? The Toulouse School of Economics includes some of the ingredients that make the success of the best institutions: a strong contingent of foreign students (about 30 to 40% of the workforce), a teaching entirely in English, close links with companies and faculty of a very high level. Not to mention the financial means: its foundation, supported by businesses and the government, has Eur 77 million. It can hire promising teachers coming from leading universities such as Yale, MIT or Stanford.
Still missing is a decent building. This will be done in 2013: the school should then take possession of a brand new building. It will hopefully, as desired by Jean Tirole, president of the foundation of the school ” raise TSE permanently as one of the best economics departments in the world.”

End of quote
TSE is obviously not listed in any of the recent rankings….
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