In November-December 2016, the ninth edition of the Eduniversal World Convention held in Perth, Australia. More than 120 business schools from 50 countries including Harvard Business School, London Business School, Copenhagen Business School, Melbourne Business School and Fudan University School of Management etc. were represented in this global event. 1000 business institutions in 154 countries were ranked. A total of two Azerbaijani institutions were ranked – the School of Economics and Management of Khazar University and the Department of Business Administration of Qafqaz University, respectively.