Abstract:

In the situation of the soaring demand for higher education, the topicality of global university rankings grows.  Independently on the goals declared by their compilers, the rankings are recognized in academic society and beyond it as a comparative assessment of the educational institutions quality. Project 5-100-2020 was designed to provide financial support to Russian universities striving to maximize their competitive positions at the international level. The paper analyzes the effectiveness of Project 5-100-2020 financing in order to develop the most appropriate measures to achieve the goals. The effectivenessis evaluated with application of several criteria: necessity, performance to plan, costs, comparative characteristics.  As the result it was found out that regulative provision of the project implementation is insufficient, the number of Russian universities participating in the project was projected up to the year 2020, recommendations are given to develop key indicators of Russian universities based on their comparison with the leading universities of QS rankings, inefficient use of financial means in the implementation of the project was identified.