countries in terms of number of universities ranked in 2013 include the US (144); UK (69); Germany (42); France (40), followed by Japan (38).
The UK now boasts six of the world's top 20 universities with Edinburgh and King's College, London edging into the top 20 slot alongside Cambridge, UCL, Imperial and Oxford in the top 10.
The researchers report that the average undergraduate tuition fees for the global top 10 universities are up to a record high of around USD 34,000 per year, nearly double the 2007 average of USD 18,500.
With the rupee going through a period of extreme volatility, an elite world-class education for an Indian student may be at its costliest ever.
The 'QS World University Rankings' is made up of six indicators: academic reputation (40 per cent), employer reputation (10 per cent), faculty student ratio (20 per cent), citations per faculty (20 per cent), international students (5 per cent) and international faculty (5 per cent).
This year, 62,094 academic and 27,957 employer responses contributed towards the results, making the survey one of the largest of its kind in the world.