Economics and Statistics Analysis of the Higher Education Market in Moscow and Moscow Region Based on the Ranking Systems

This paper examines Moscow and regional universities. The purpose of this work is to identify the factors that most significantly affect the universities’ development. To assess universities, I calculated an index, which is based on a number of indicators obtained from the higher education monitoring site. The methodology for calculating the index was formulated after reviewing a number of methodologies of Russian and World rating systems. The data array contains 120 indicators. The influence of these indicators on the constructed index (dependent variable - Y) was assessed using correlation analysis, regression analysis and principal components analysis. In this work, 3 regression models were built using various methods. The best model was chosen and interpreted. The chosen interpreted model showed that to a greater extent the development of universities is influenced by indicators characterizing educational and financial and economic activities. At the same time, the indicators characterizing scientific, international activities do not have a significant impact on the development of universities.