The Times Higher Education published its World Reputation Rankings, the list of the world's most prestigious universities compiled by leading global academics.
Harvard University takes the top spot for the seventh year in a row.
With 42 institutions in the top 100, the US continues to dominate.
Chinese universities also enjoyed a good run in this year's rankings.
Tsinghua University is ranked 14th and is the highest ranking Chinese university. Peking University is ranked 17th. Both have gained four places compared with last year's index.
Zhejiang University has performed well, rising 30 places to the joint 51-60 bracket. It overtook both Fudan University and Shanghai Jiao Tong University, both found in the 71-80 band.
Nanjing University has broken into the top 100 for the first time and is ranked 91-100.