As far as the world universities are concerned, Harvard University has bagged the position of the best university in the world. Stanford University is at the second position and the University of Cambridge is at the third position. In the top 10 list of the world, eight universities are from the US and two from the UK.
Since the year 2009 ARWU, also alternatively known as Shanghai Ranking has been publishing university rankings annually. This organization is not legally subordinated to any university or government agency and has focus on higher education. It is regarded as one of the three most influential university rankings along with Times Higher Education World University Rankings and QS World University Rankings.