WENR

University Rankings: Chile

Qué Pasa Rankings

University rankings have been published annually for the last six years in Chile by Qué Pasa [1], a weekly newsmagazine. Qué Pasa publishes various rankings with tables ranging from the very general “university prestige” to the specific “best architecture program”.

One of the Qué Pasa rankings is based exclusively on university admission requirements; however, the majority of rankings rely exclusively on survey information provided by business professionals, specifically those who make hiring decisions. The magazine’s rankings clearly value college education in terms of its ability to produce workforce professionals as opposed to criteria covered by university rankings compiled in other sources such as quality of research, curriculum or diversity of programs offered.

While one definitive ranking of Chilean universities does not exist, by comparing the multiple tables Qué Pasa provides, one might discern which schools in Chile offer a high quality education in general or in a desired field.

Methodology  – University Prestige, Notoriety and Career-track Rankings

Survey respondents were asked to rate each university based on a scale of 1 to 7. An answer of “1”, in the prestige survey for example, meant a university had “little or no prestige”, and an answer of “7” signified a university that was perceived as “very prestigious”.  The Prestige, notoriety, and the career-track institution rankings are based on the aggregate scores from survey respondents.

The Most Prestigious Chilean Universities (2005)
Ranking 2005 University Average Grade Ranking 2004
1 Católica de Chile 6.75 1
2 Universidad de Chile 6.53 2
3 Universidad Adolfo Ibáñez 6.24 3
4 Técnica Federico Santa María 6.11 4
5 Universidad de Concepción 5.63 5
6 Universidad de Santiago 5.57 6
7 Católica de Valparaíso 5.42 8
8 Diego Portales 5.22 7
9 Universidad del Desarrollo 4.82 12
10 Universidad Gabriela Mistral 4.71 11

Source: Qué Pasa [1]

Top Private Chilean Universities (2005)
Ranking 2005 University Average Grade
1 Universidad Adolfo Ibáñez 6.24
2 Universidad Diego Portales 5.22
3 Universidad del Desarrollo 4.82
4 Universidad Gabriela Mistral 4.71
5 Universidad de Los Andes 4.64

Source: Qué Pasa [1]

Top Public Chilean Universities (2005)
Ranking 2005 University Average Grade
1 Universidad Católica de Chile 6.75
2 Universidad de Chile 6.53
3 Técnica Federico Santa María 6.11
4 Universidad de Concepción 5.63
5 Universidad de Santiago 5.57

Source: Qué Pasa [1]

Selectivity Ranking

In addition to its survey-based rankings, Qué Pasa ranks universities based on the quality of student enrollments. Specifically, the ranking is calculated according to the average scores achieved by incoming students on Chile’s college-entry exam, the University Selection Test (Prueba de Selección Universitaria or PSU). Chilean students who score in the highest percentile on the PSU are provided with federal scholarship money and Chilean institutions garnering the largest selection of high-scoring students also receive federal funds. The ranking assesses average entry scores and the percentage of students on federal scholarships.

Universities that Attract the Highest Quality Students
Ranking 2005 University % of Scholarship Awardees Selecting this Institution
1 Universidad de Chile 30.08%
2 Católica de Chile 29.25%
3 Universidad de Concepción 7.06%
4 Técnica Federico Santa María 5.15%
5 Universidad de Santiago 3.43%

Source: Qué Pasa [1]

Central Bank Rankings

In 2004, the Central Bank of Chile published a working paper entitled, “Ranking Chilean Universities According to the Salaries of their Graduates” [2].  In this paper, two researchers from the University of Chile and one from Chile’s Central Bank ranked universities based on income data for graduated professionals a few years into a variety of careers. Salary data was gathered on professionals’ salaries two years after graduating and at five years after graduation for comparison. After compiling the data, the researchers ranked the universities into the broad categories of first-, second-, and third-class institution based on the overall salary average for all universities. Results are offered on an all-of-university basis and by career path.

The Central Bank concluded from the study that the ranking of each institution depended directly on the career track in question and that rankings systems that consider different groups of graduates stand up best against challenges of inaccuracy from critics. The results of the study suggest that universities in the same region as the cities of Valparaíso and Santiago, both with long-established institutions, predominated among institutions in the first-class ranking. Graduates from well-established and prestigious institutions tended to pull in higher salaries in the two-year period after graduation, but this became less obvious after five years of employment.

Below is an example of the Chilean Central Bank’s findings:

Institutional Categories:

Salary Differentials Amongst Holders of Business Degrees (Based on the Average of All Universities – Earnings in the 5th Year of Employment)
Salary Differential University Awarding Business Degree
15% to 30% Federal University
Private University – Established
0% to 15% Branch University – Federal
Private University – New
-15% to 0% Regional Public University
-30% to -15% Private University – New, Regional
Branch University – Regional

Source: “Ranking Chilean Universities According to the Salaries of their [3]Graduates [3] [3].