Direct, with an initial $10 million investment. It was formed to maximise the Australian Government's decision to lift caps on Commonwealth-supported university places from 2012, a policy which intended to increase the number of 25- to 34-year-olds with bachelor's degrees to 40 per cent by 2025. Swinburne Online originally provided higher education degrees at both bachelor and masters level. As of April 2015, it offered over twenty courses in business, communication, design, education, and social science. However, as of September 2015, Swinburne Online has begun offering vocational education. In April 2015, CEO Denice Pitt expressed a public desire to expand internationally to offer degrees to international students. In 2014 Swinburne Online was ranked fourth in Australia's 100 fastest growing companies. Its earnings before interest, tax, depreciation and amortisation grew by 48% to $29.8 million in 2014–15. Research institutes and centres , Swinburne has six research institutes: Data Science Research Institute (launched 2017) Iverson Health Innovation Research Institute (launched 2017) Manufacturing Futures Research Institute (launched 2016) Smart Cities Research Institute (launched 2017) Social Innovation Research Institute (launched 2017) Space Technology and Industry Institute (2021) The Swinburne Institute for Social Research formerly (until 2017) existed within the Faculty of Health, Arts and Design, It included the Public Interest Journalism Foundation (PIJ Foundation), which produced YouComm News. As of 2020, PIJF has evolved into an independent organisation, now named Public Interest Journalistic Freedom, which is partially crowd-funded. The Centre for Social Impact Swinburne (CSI Swin), established in 2014, is (was?) in the Faculty of Business and Law. It is part of the national network that also includes the University of New South Wales, the University of Western Australia and Flinders University. There are many other research centres, including the Centre for Astrophysics and Supercomputing, the Centre for Mental Health, and the Centre for Human Psychopharmacology. Academic profile Rankings Swinburne is internationally recognized for the output from international partnership research. Swinburne performed fairly well in the 2020 Global Nature Index ranking, especially when compared with universities in the Asia-Pacific region. According to the CWTS Leiden rankings in 2020, Swinburne ranked 2nd in the world for Mathematics and Computer Science. Swinburne ranked 10th in Australia in the 2020-2021 European Commission-sponsored global U-Multirank ranking, behind Australian National University. Swinburne's consistent research and innovation outputs are presented in the updated Swinburne Research Impact Magazine and Swinburne is also renowned for producing favorable academic-industry partnership. Swinburne was ranked