Students are always recommended to pick a university for higher studies in their discipline or program of interest. The rank and reputation of a university matter greatly since they are an indicator of the quality of education in the specific institution and the level of accomplishment of the professors teaching undergraduate classes. It is necessary to keep in mind that the best ranked universities all have high competitive entry requirements and being surrounded by smart peers happens to be an essential advantage.
Importance of Forbes Ranking
The annual list of best universities by Forbes takes into account the student evaluations, self-reported salaries, graduation rates, number of faculty and students receiving nationally competitive awards, and four-year accumulated student debt in order to calculate the rankings. Thus, the importance of the Forbes ranking stem mainly from the fact that they are comprehensive in nature and provide students with a reference point when choosing their future educational institution.
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List of the World’s Best New Universities By Forbes & Times Higher Education
The list below contains the top 10 among the 100 best new universities around the world, 2014 listed by Times Higher Education magazine and Forbes.com. These are institutes that have not yet completed 50 years of establishment, and yet have managed to gain world-class reputation for the quality of education they provide.
Located in South Korea, Pohang University of Science and Technology, commonly referred to as POSTECH, boasts of a student strength of 3,300, out of which there are almost 1,400 undergraduates. The tuition cost is $5,900. Students can opt for Mathematics, Physics, Chemistry, Mechanical Engineering, Chemical Engineering, Electrical Engineering, Computer Science and Engineering, among other courses.
At POSTECH, students can look forward to different scholarships like the POSTECH Fellowship for Excellent International Students, the SK Hynix Fellowship, the POSCO Asia Fellowship, the POSCO Africa Fellowship and the Korean Government Scholarship Program.
The École Polytechnique Fédérale de Lausanne is situated in beautiful Switzerland and has a student body of 9,900. The overall tuition expense is $1400. Students can study Architecture, Civil and Environmental Engineering; Computer and Communication Sciences; Humanities; Basic Sciences; Life Sciences, Engineering and Technology.
Undergraduate students can opt for scholarships from the institution like the EPFL Excellence Fellowships, Grants from social commission of EPFL, cantonal grants for C permit and Swiss students, foreign student grants, foreign states grants for Swiss students.
This South Korean institution boasts of a student body of 10,250 and offers courses in Natural Sciences, Life Sciences and Bio-engineering, Engineering, Information Science and Technology, Liberal Arts and Convergence Sciences, and Business.
KAIST students are eligible for different scholarships like Presidential Science Scholarship, Natural Excellence Scholarship (Natural Science and Engineering), Low Income Family Scholarship, Financial Aid Scholarship, Department Honors Scholarship, Academic Excellence Scholarship and Labor Scholarship.
With a student body of 13,000, the Hong Kong University of Science and Technology in Hong Kong is one of the new best universities by Forbes and charges a tuition fee of $15,400. Subjects taught include Science, Business and Management, Engineering, Humanities and Social Science, and Interdisciplinary Programs.
Students at the institution are eligible for scholarships like the Hang Seng Bank Community Service Scholarships and the HKSAR Government Scholarship Fund.
Nanyang Technological University : Rank 5
This Singapore-based institute has an undergraduate student body count of 23,000 and charges $27,000 as tuition fees for international students. Students can opt for Accountancy and Business; Art, Design and Media; Communication Studies; Education; Engineering; Humanities; Medicine, Science and Sport Science.
There are plenty of scholarships at Nanyang Technological University for students to choose from, including the APB Foundation Scholarship for Persons with Disabilities, the CPF Board Scholarship, the International Enterprise Mid-Term Scholarship, the Microsoft YouthSpark Scholarship and the National Infocomm Partial Scholarship.
Maastricht University : Rank 6
Maastricht University in the Netherlands offers courses on Health and Life Sciences, Economics and Business, Psychology, Law, Language and Culture, Sciences and Liberal Arts.
UCM offers financial support in the form of scholarships to five students. The UCM Scholarship is awarded for the duration of the Bachelor’s program.
University of California, Irvine : Rank 7
With a 30,000 strong student body, the University of California, Irvine, offers courses in Arts, Business, Law, Education, Engineering, Medicine, among others and charges a tuition fee of $34,000 for out of state students.
The scholarships on offer at UCM include the Christine Jones Memorial Endowed Scholarship, the Engineering undergraduate Award, the Dunicliffe Scholarship, Houts Family Scholarship, MEDELLAS Scholarship, Rosa Parks Award, Strauss Scholarship, among others.
Universite Paris-Sud : Rank 8
Situated in Orsay, France, this institution has a student body of 30,000 studying Law, Economics, Management, Medicine, Pharmacy, Science and Sports Science.
Students at the university may opt for the Paris-Saclay Master’s Scholarship Program, the Ile de France Master Scholarship Program, the Eiffel Scholarship Program and the Paris-Sud University’s Top-Up.
Universite Pierre et Marie Curie : Rank 9
The Universite Pierre et Marie Curie in Paris, France, has a 33,000 student body and the tuition cost is $250. Subjects of study include Life and Health, Technology Transfer, Matter and the Universe, Modeling and Engineering, and Living Earth.
There are no available dedicated scholarships for this university.
Lancaster University : Rank 10
Lancaster University in Lancaster, UK, has a 12,000 student body and subjects include History, Finance, Business, Psychology, Philosophy, among others.
Students will enjoy access to lots of scholarships at the university including the Chancellors Scholarship.