Multicriteria analysis-based total university evaluation: the case of the Greek departments of economics

Different methodologies for the assessment of universities have been developed over the years using criteria such as research, teaching and social input, which have been an issue of controversy. University rankings have received a lot of criticism but are still very popular for a number of parties such as academics, students, parents, funders, employers and society. Greek universities have not been ranked, up to date. The present paper presents a methodology for ranking universities based on research and education and uses the Greek departments of economics as a case study. The results allow the interested party to judge the overall performance (research and education) of the department or the research/education performance accordingly depending on the party’s needs.