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In the THE subject ranking, a total of 729 business and economics faculties were evaluated and then ranked in groups: Passau attained a place in the 251–300 rank group and thus finds itself in the same league as the universities of Cologne, Konstanz, Pittsburgh and Carlos III Madrid. Only 20 German business and economics faculties were included in the ranking. As expected, Mannheim reached 1st place, while Passau came in 10th. The Dean of the School of Business, Economics and Information Systems, Professor Jan Schumann, said: 'This is a truly great success for all of us. The excellent work on our research and teaching and the professorial appointments strategy of recent years have fully paid off, and I am very confident that we will be able to maintain and even improve on this result.' Overall, the competition for a good result is getting fiercer, and major efforts are required to attain one of the top places.
The Times Higher Education subject ranking uses 13 indicators to compare universities, whereby the weighting assigned to the individual factors differs by subject area. Teaching, research and citations, the most important criteria, each account for about 30 percent of the overall university score; the remaining two metrics are international outlook and industry income. Passau's School of Business, Economics and Information Systems achieved above-average scores for industry income and citations respectively. One Passau institute, CenTouris, which is celebrating its 20th anniversary this year, was instrumental in bringing about the high industry income figure, whereas the strong citations score is particularly gratifying for the scholars at the faculty. 'It appears that our research interests are in areas of strong relevance to society. We are proud that, as a faculty, we have close ties to business and society. The fact that this is also attracting above-average interest in the scientific community tells us that we are on the right track', said the Dean.