Education at the University of Melbourne has been ranked second in the world in the latest QS World University Rankings by Subject.

The rankings, released today, list the top 200 universities around the world in 30 subject areas.

The University of Melbourne is listed in 29 subjects, including law and accounting and finance, both ranked eighth, psychology, which is ranked 10th and medicine, environmental science and linguistics all of which were ranked 12th.

The University has 11 subjects ranked in the top 20 and 27 subjects in the top 50.

University of Melbourne Vice-Chancellor Professor Glyn Davis said it was pleasing to see a diverse range of subjects performing well against international peers.

“The University has ranked well across social sciences, engineering and technology, life sciences and medicine and arts and humanities, giving students wanting to study in Australia access to a world-class education,” he said.

“It is particularly pleasing to see education being recognized as a global leader; this is testament to the outstanding staff within the Melbourne Graduate School of Education and its constant pursuit of excellence.”

Dean of the Melbourne Graduate School of Education Professor Field Rickards said he was delighted with the announcement.

“It is very pleasing to see that our research is having such global impact and that Australia has a graduate school recognised as one of the very best in the world,” he said.

“This ranking is a strong endorsement of the outstanding work of our dedicated and highly talented staff who are committed to ensuring our future teachers receive the highest standards of training based on the latest research and are highly prepared for the difficulties of the classroom.”

The QS (Quacquarelli Symonds) World University is an annual league table of the top universities in the world. For the 2014 Rankings by subject QS evaluated 3002 universities and ranked 689 in total.