Australian universities ranked fourth overall in reputation . Melbourne University ranked at 41 globally , jumping two spots from 2014 . The study also found that the top 10 most prestigious institutions of higher education are all located in Australia and New Zealand. Top three universities are Harvard , Cambridge and Oxford .
Australian universities ranked fourth overall in reputation . Melbourne University ranked at 41 globally , jumping two spots from 2014 . Australian National Uni and University of Sydney ranked in 51-60 . Top three universities are Harvard , Cambridge and Oxford .