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McGill University maintained its position as the top-ranked Canadian university in the world even if it dropped down a few notches in the overall standings released in this year’s QS World University Rankings.

Three Canadian universities placed within the top 50 of the survey compiled by the service based in London. According to a statement it issued Monday, it bases its methodology on six indicators including academic reputation, employer reputation and faculty-to-student ratio.

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McGill ranked 24th among the 3,539 institutions considered for inclusion this year, which actually represented a slight drop, from 21st last year. The University of Toronto finished 34th and the University of British Columbia placed 50th. Both of those universities dropped several spots in the rankings compared to last year. Université de Montréal also dropped, from 83rd last year to 115th this year. QS attributed a new methodology used for this year’s survey as the reason for the drop in the international rankings for Canada’s top universities. The change includes a modified approach in how it measures citations per faculty, a way of assessing research impact.