Ranking universities by innovation potentials

One of key challenges for existing managers is making decision in their daily activities by selecting the best optimal and timely decisional choice. Therefore, choosing and using the optimal criteria, which positively influence in the right decision from multiple criteria, have become significantly important to make the best decision for solution a problem. This method of “Multiple criteria decision making” has been used frequently for last years in management practices. This article illustrates findings of rankings by innovation potentials of top public universities in Mongolia using TOPSIS method ranking them by18 criteria in five groups.