The subjects included arts and humanities, law, business and economics, education, engineering and technology and psychology.
There were 729 universities taken into consideration for business and economics, an increase from 632 last year. They were ranked on their performance in business and management, accounting and finance, and economics and econometrics.
Globally, Stanford University topped the list, but in Australia, the University of Melbourne took the crown.
When it came to engineeringengineering, 1098 universities were ranked, up from 1008 the year before. The were ranked across disciplines including electrical, electronic, mechanical and aerospace engineering.
Taking the crown globally was Harvard University but in Australia, UNSW topped the list.
The subject list follows the release of the Times Higher Education World University Rankings 2021, which ranked the top institutions in the world. Twelve Australian universities made it onto the top 200 list including the University of Melbourne, the University of Sydney and the Australian National University.