Princeton University shared third place with Cambridge University with a joint score of 97.2, while MIT took second place with a score of 97.7, and Oxford University claimed the top spot with 98.2. Released yesterday (09/10), the THE rankings are based on eighteen categories, including teaching, research environment, research quality, industry, and international outlook. The rankings have been published annually by Times Higher Education, a British magazine, since 2004. They are regarded as one of the most prestigious global university rankings alongside QS University Rankings, contrasting over 2,000 institutions across 115 countries. This year was the first year in which less than 50 UK universities were featured in the top 500.