For business studies see our separate ranking of business schools in Melbourne, Australia
Latest ranking updates related to universities in Melbourne
- 12 Jul, 2024: Latest Webometrics Ranking Web of Universities from Webometrics. 6 universities from Melbourne appear in this ranking.
- 03 Jul, 2024: Publication of CWTS Leiden Ranking. The University of Melbourne with highest ranking among universities in Melbourne ranked #33.
- 24 Jun, 2024: Publication of US News: Best Global Universities. The University of Melbourne with highest ranking among universities in Melbourne ranked #27.
- 15 Jun, 2024: Publication of Nature Index: Research Leaders Academic Sector. The University of Melbourne with highest ranking among universities in Melbourne ranked #125.
Melbourne is Australia’s second-largest city and is one of the most popular student destinations in the world. One major benefit of living here includes a lower cost of living than most of Australia in most domains, except for grocery prices. The weather is known for staying generally warm and pleasant, but rain tends to come on suddenly and without much warning, so you may wish to pack a variety of types of clothing! Considered one of the most friendly cities in Australia for receiving foreigners, it’s easy to see why so many international students choose Melbourne.
Rankings of universities in Melbourne, Australia 2024
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THE World University Rankings
[Published 27 September, 2023] |
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QS World University Rankings
[Published 04 June, 2024] |
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Scimago Institutions Rankings
[Published 06 March, 2024] |
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| Show 22 more rankings of The University of Melbourne and subject specific rankings for 13 subjects | |||
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THE World University Rankings
[Published 27 September, 2023] |
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QS World University Rankings
[Published 04 June, 2024] |
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Scimago Institutions Rankings
[Published 06 March, 2024] |
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| Show 18 more rankings of Deakin University and subject specific rankings for 11 subjects | |||
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THE World University Rankings
[Published 27 September, 2023] |
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QS World University Rankings
[Published 04 June, 2024] |
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Scimago Institutions Rankings
[Published 06 March, 2024] |
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| Show 22 more rankings of RMIT University, Royal Melbourne Institute of Technology and subject specific rankings for 12 subjects | |||
100% Online Master Degrees from Top Ranked UK Universities
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Study at your own pace, conveniently from home.
|
THE World University Rankings
[Published 27 September, 2023] |
||
|
QS World University Rankings
[Published 04 June, 2024] |
||
|
Scimago Institutions Rankings
[Published 06 March, 2024] |
||
| Show 15 more rankings of La Trobe University and subject specific rankings for 11 subjects | |||
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THE World University Rankings
[Published 27 September, 2023] |
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QS World University Rankings
[Published 04 June, 2024] |
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|
Scimago Institutions Rankings
[Published 06 March, 2024] |
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| Show 17 more rankings of Victoria University and subject specific rankings for 5 subjects | |||
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Highest subject rankings of universities in Melbourne
Psychology
URAP University Ranking by Academic Performance - By Field
#5
The University of Melbourne
Law
THE World University Rankings by Subject
#8
The University of Melbourne
Education
QS World University Rankings By Subject
#13
The University of Melbourne
Agriculture
URAP University Ranking by Academic Performance - By Field
#16
The University of Melbourne
Medicine
QS World University Rankings By Subject
#18
The University of Melbourne
Marketing
QS World University Rankings By Subject
#21
The University of Melbourne
Architecture
URAP University Ranking by Academic Performance - By Field
#22
RMIT University, Royal Melbourne Institute of Technology
Aerospace Engineering
URAP University Ranking by Academic Performance - By Field
#29
RMIT University, Royal Melbourne Institute of Technology
Linguistics
QS World University Rankings By Subject
#30
The University of Melbourne
Journalism
URAP University Ranking by Academic Performance - By Field
#37
The University of Melbourne
Student Opinions About Studying in Melbourne
“After several years studying, working, and living in Australia as an international student, I can confidently say that there are more pros than cons here in Melbourne. I’d recommend other students to improve their English speaking skills by getting extra support at the university, and understand that homesickness is a normal side effect of studying abroad.”
“The education options here are high quality and students have so much to enjoy in Melbourne when they’re not busy. Living here is expensive, as is Australia generally, but it’s quite a bit better than other places in the country in most regards.”
“Within the first month I managed to find a part-time job to start earning some income. Everyone here is sociable and the amount of students around the city makes it super easy to meet people! Melbourne has become my favourite city.”
Melbourne Key Facts for International Students
PROS
- Melbourne is popular for providing high-quality education and having some of the best-ranked universities worldwide.
- The public transport is reliable as it’s easy to move around the city.
- Numerous international students are interested in finding a part-time job to pair with their studies, and Melbourne has many job opportunities to offer.
CONS
-
Melbourne is quite an expensive city, for this reason many students apply for scholarships or get a part-time job to help with the living costs.
-
The language and accent can be an issue for international students, but the majority of universities here offer support in this area, in many cases providing free language classes.
-
Students often say it’s hard to find good accommodation in Melbourne, and they recommend looking at your options early and not to hesitate if you see a place that you like, as it can get taken up quickly.
5 out of 5 Universities in Melbourne Ranked in at least one ranking
31 Different Rankings list Universities in Melbourne (23 institution and 8 subject rankings)
31 Global Rankings rank Universities in Melbourne Among TOP 200
Population: 4247000
Time: GMT +10
District/province: Victoria, Melbourne
Living costs for students in Melbourne:
* 100 = prices in London
- Living costs without accommodation 99* (1% cheaper than London)
- All costs including accommodation 83* (17% cheaper than London)
- Meals (grocery & lower cost restaurants) 89* (11% cheaper than London)
- Average Big Mac price 6.85 AU$
-
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- Residential voltage: 230 V
- Frequency: 50 Hz
- Nobel prize laureates:
- Sir Frank Macfarlane Burnet (, 1960)
Map with location of universities in Melbourne
Useful related pages
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Best rated student accommodation in Melbourne
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FAQ
The University of Melbourne ranks #1 in Melbourne in our meta ranking composed of 123 university rankings.
Among all universities in Melbourne The University of Melbourne is listed in the largest number of rankings. See all 34 rankings where The University of Melbourne is listed.
The University of Melbourne is ranked best in Melbourne for Social Studies & Humanities (Psychology). See all rankings for the The University of Melbourne.
The University of Melbourne is ranked best in Melbourne for Law (Law). See all rankings for the The University of Melbourne.
The University of Melbourne is ranked best in Melbourne for Education (Education). See all rankings for the The University of Melbourne.
The University of Melbourne is ranked best in Melbourne for Agriculture (Agriculture). See all rankings for the The University of Melbourne.
The University of Melbourne is ranked best in Melbourne for Medicine & Health (Medicine). See all rankings for the The University of Melbourne.
The University of Melbourne is ranked best in Melbourne for Business (Marketing). See all rankings for the The University of Melbourne.
RMIT University, Royal Melbourne Institute of Technology is ranked best in Melbourne for Architecture, Building & Planning (Architecture). See all rankings for the RMIT University, Royal Melbourne Institute of Technology.
RMIT University, Royal Melbourne Institute of Technology is ranked best in Melbourne for Engineering (Aerospace Engineering). See all rankings for the RMIT University, Royal Melbourne Institute of Technology.
The University of Melbourne is ranked best in Melbourne for Languages & Literature (Linguistics). See all rankings for the The University of Melbourne.
The University of Melbourne is ranked best in Melbourne for Journalism & Media Studies (Journalism). See all rankings for the The University of Melbourne.
The University of Melbourne is ranked best in Melbourne for Natural Sciences (Chemistry). See all rankings for the The University of Melbourne.
Deakin University is ranked best in Melbourne for Computer Science (Computer Science). See all rankings for the Deakin University.
The University of Melbourne is ranked best in Melbourne for Mathematics (Mathematics). See all rankings for the The University of Melbourne.
Ranking publishers
4icu
- Universities:
- 580
- Published:
- 07 February, 2024
- Universities:
- 580
- Published:
- 07 February, 2024
British Quacquarelli Symonds, UK
- Universities:
- 13493
- Published:
- 04 June, 2024
- Criteria used in ranking -QS World University Rankings:
Academic Reputation 40% Employer Reputation 10% Faculty/Student Ratio 20% Citations per faculty 20% International Faculty Ratio 5% International Student Ratio 5%
- Universities:
- 955
- Published:
- 23 September, 2021
- Criteria used in ranking -QS Employability Rankings:
Employer reputation 30% Alumni outcomes 25% Partnerships with Employers per Faculty 25% Employer/Student Connections 10% Graduate employment rate 10%
- Universities:
- 145
- Published:
- 24 June, 2020
- Criteria used in ranking -QS 50 under 50:
Based on the QS World University rankings methodology, the top 50 universities that are under 50 years old.
Academic Reputation 40% Employer Reputation 10% Faculty/Student Ratio 20% Citations per faculty 20% International Faculty Ratio 5% International Student Ratio 5%
- Universities:
- 145
- Published:
- 24 June, 2020
- Criteria used in ranking -QS 50 under 50:
Based on the QS World University rankings methodology, the top 50 universities that are under 50 years old.
Academic Reputation 40% Employer Reputation 10% Faculty/Student Ratio 20% Citations per faculty 20% International Faculty Ratio 5% International Student Ratio 5%
- Universities:
- 2007
- Published:
- 05 December, 2023
CWUR Center for World University Rankings
- Universities:
- 7649
- Published:
- 13 May, 2024
- Criteria used in ranking -CWUR Center for World University Rankings:
Research Performance: 40%
- Research Output: 10%
- High-Quality Publications: 10%
- Influence: 10%
- Citations: 10%
Quality of Education: 25%
Alumni Employment: 25%
Quality of Faculty: 10%
Centre for Science and Technology Studies, Leiden University, Netherlands
- Universities:
- 6320
- Published:
- 03 July, 2024
- Criteria used in ranking -CWTS Leiden Ranking:
Scientific Impact Number of Publications Collaboration Open Access Gender Diversity
NTU ranking
- Universities:
- 2945
- Published:
- 11 July, 2023
- Criteria used in ranking -NTU Performance Ranking of Scientific Papers:
Research Productivity: 25%
- # Articles last 11 years: 10%
- # Articles current year: 15%
Research Impact: 35%
- # Citations last 11 years: 15%
- # Citations last 2 years: 10%
- Average # citations last 11 years: 10%
Research Excellence: 40%
- H-index last 2 years: 10%
- # Highly cited papers last 11 years: 15%
- # Articles current year in high-impact journals: 15%
Nature Index
- Universities:
- 14081
- Published:
- 15 June, 2024
- Criteria used in ranking -Nature Index: Research Leaders Academic Sector:
Article count (AC) Fractional count (FC) Weighted fractional count (WFC)
- Universities:
- 185
- Published:
- 17 March, 2021
- Universities:
- 139
- Published:
- 08 December, 2021
RUR Ranking Agency (Moscow, Russia)
- Universities:
- 1946
- Published:
- 25 May, 2023
- Criteria used in ranking -RUR Academic Rankings:
Normalized citation impact (Citations of research publications from all university authors compared with world averages) 20% Citation per papers 20% Papers per academic and research staff 20% International research reputation 20% Share of research publications written in international co-authorship 20%
- Universities:
- 2771
- Published:
- 25 May, 2023
- Criteria used in ranking -RUR Reputation Ranking:
Teaching Reputation 50% Research Reputation 50%
- Universities:
- 4850
- Published:
- 30 May, 2024
- Criteria used in ranking -RUR World University Rankings:
Teaching: 40%
- Ratio Faculty/Student: 8%
- Ratio Faculty/Bachelor Degrees Awarded: 8%
- Ratio Faculty/Doctoral Degrees Awarded: 8%
- Ratio Doctoral Degrees Awarded/Bachelor Degrees Awarded: 8%
- World Teaching Reputation: 8%
Research: 40%
- Citations per Academic/Research Staff: 8%
- Doctoral Degrees per Accepted PhD: 8%
- Normalized Citation Impact: 8%
- Papers per Academic/Research Staff: 8%
- World Research Reputation: 8%
International Diversity: 10%
- International Faculty: 2%
- International Students: 2%
- International Co-Authored Papers: 2%
- Reputation Outside Geographical Region: 2%
- International Level: 2%
Financial Sustainability: 10%
- Institutional Income per Faculty: 2%
- Institutional Income per Student: 2%
- Papers per Research Income: 2%
- Research Income per Academic/Research Staff: 2%
- Research Income per Institutional Income: 2%
Scimago Institutions
- Universities:
- 20805
- Published:
- 06 March, 2024
- Criteria used in ranking -Scimago Institutions Rankings:
Research 50% Innovation 30%
Societal 20%
ShanghaiRanking Consultancy
- Universities:
- 12334
- Published:
- 15 August, 2023
- Criteria used in ranking -ARWU Academic Ranking of World Universities - ShanghaiRanking:
Quality of Education 10%
- Alumni winning Nobel Prizes/Field Medals 10%
Quality of Faculty 40%
- Staff winning Nobel Prizes/Field Medals 20%
- Highly Cited Researchers 20%
Research Output 40%
- Papers published in Nature and Science 20%
- Papers indexed in Science Citation Index-Expanded & Social Science Citation Index 20%
Per Capita Performance 10%
- Universities:
- 62825
- Published:
- 27 October, 2023
StuDocu
- Universities:
- 138
- Published:
- 30 January, 2023
THE Times Higher Education, UK
- Universities:
- 13543
- Published:
- 27 September, 2023
- Criteria used in ranking -THE World University Rankings:
30% Teaching (the Learning Environment)
- Reputation survey: 15%
- Staff-to-student ratio: 4.5%
- Doctorate-to-bachelor’s ratio: 2.25%
- Doctorates-awarded-to-academic-staff ratio: 6%
- Institutional income: 2.25%
30% Research (Volume, Income and Reputation)
- Reputation survey: 18%
- Research income: 6%
- Research productivity: 6%
30% Citations (Research Influence)
7.5% International Outlook (Staff, Students and Research)
- Proportion of international students: 2.5%
- Proportion of international staff: 2.5%
- International collaboration: 2.5%
2.5% Industry Income (Knowledge Transfer)"
- Universities:
- 933
- Published:
- 23 November, 2023
- Criteria used in ranking -THE Global Employability University Ranking:
Employability (survey) 100%
- Universities:
- 781
- Published:
- 27 July, 2023
- Criteria used in ranking -THE World Reputation Rankings:
Research Reputation 66,6% Teaching Reputation 33,3%
- Universities:
- 701
- Published:
- 25 January, 2024
- Criteria used in ranking -THE World’s Most International Universities:
Proportion of international students 25% Proportion of international staff 25% Proportion of journal publications with one or more international co-authors 25% University’s international reputation 25%
- Universities:
- 2605
- Published:
- 14 May, 2024
- Criteria used in ranking -THE Young University Rankings:
Teaching 30% Research (volume, income and reputation) 30% Citations 30% International outlook (staff, students, research) 7.5% Industry income (knowledge transfer) 2.5%
- Universities:
- 530
- Published:
- 17 April, 2024
- Universities:
- 4524
- Published:
- 27 March, 2024
- Universities:
- 5797
- Published:
- 12 June, 2024
Thomson Reuters
- Universities:
- 71
- Published:
- 01 January, 2019
- Criteria used in ranking -Most Innovative Universities Asia Pacific:
Patent volume 11.11% Patent success 11.11% Global patents 11.11% Patent citations 11.11% Percent of patents cited/Patent citation impact 11.11% Patent to Article Citation Impact 11.11% Industry Article Citation Impact 11.11% Percent of Industry Collaborative Articles 11.11% Total Web of Science Core Collection Papers 11.11%
- Universities:
- 71
- Published:
- 01 January, 2019
- Criteria used in ranking -Most Innovative Universities Asia Pacific:
Patent volume 11.11% Patent success 11.11% Global patents 11.11% Patent citations 11.11% Percent of patents cited/Patent citation impact 11.11% Patent to Article Citation Impact 11.11% Industry Article Citation Impact 11.11% Percent of Industry Collaborative Articles 11.11% Total Web of Science Core Collection Papers 11.11%
Urap
- Universities:
- 11462
- Published:
- 19 December, 2023
Us News
- Universities:
- 6943
- Published:
- 24 June, 2024
Webometrics
- Universities:
- 69980
- Published:
- 12 July, 2024
- Criteria used in ranking -Webometrics Ranking Web of Universities:
Visibility 50% Excellence 35% Transparency 10% Presence 5%
Ranking publishers
4icu
- Universities:
- 580
- Published:
- 07 February, 2024
- Universities:
- 580
- Published:
- 07 February, 2024
British Quacquarelli Symonds, UK
- Universities:
- 13493
- Published:
- 04 June, 2024
- Criteria used in ranking -QS World University Rankings:
Academic Reputation 40% Employer Reputation 10% Faculty/Student Ratio 20% Citations per faculty 20% International Faculty Ratio 5% International Student Ratio 5%
- Universities:
- 955
- Published:
- 23 September, 2021
- Criteria used in ranking -QS Employability Rankings:
Employer reputation 30% Alumni outcomes 25% Partnerships with Employers per Faculty 25% Employer/Student Connections 10% Graduate employment rate 10%
- Universities:
- 145
- Published:
- 24 June, 2020
- Criteria used in ranking -QS 50 under 50:
Based on the QS World University rankings methodology, the top 50 universities that are under 50 years old.
Academic Reputation 40% Employer Reputation 10% Faculty/Student Ratio 20% Citations per faculty 20% International Faculty Ratio 5% International Student Ratio 5%
- Universities:
- 145
- Published:
- 24 June, 2020
- Criteria used in ranking -QS 50 under 50:
Based on the QS World University rankings methodology, the top 50 universities that are under 50 years old.
Academic Reputation 40% Employer Reputation 10% Faculty/Student Ratio 20% Citations per faculty 20% International Faculty Ratio 5% International Student Ratio 5%
- Universities:
- 2007
- Published:
- 05 December, 2023
CWUR Center for World University Rankings
- Universities:
- 7649
- Published:
- 13 May, 2024
- Criteria used in ranking -CWUR Center for World University Rankings:
Research Performance: 40%
- Research Output: 10%
- High-Quality Publications: 10%
- Influence: 10%
- Citations: 10%
Quality of Education: 25%
Alumni Employment: 25%
Quality of Faculty: 10%
Centre for Science and Technology Studies, Leiden University, Netherlands
- Universities:
- 6320
- Published:
- 03 July, 2024
- Criteria used in ranking -CWTS Leiden Ranking:
Scientific Impact Number of Publications Collaboration Open Access Gender Diversity
NTU ranking
- Universities:
- 2945
- Published:
- 11 July, 2023
- Criteria used in ranking -NTU Performance Ranking of Scientific Papers:
Research Productivity: 25%
- # Articles last 11 years: 10%
- # Articles current year: 15%
Research Impact: 35%
- # Citations last 11 years: 15%
- # Citations last 2 years: 10%
- Average # citations last 11 years: 10%
Research Excellence: 40%
- H-index last 2 years: 10%
- # Highly cited papers last 11 years: 15%
- # Articles current year in high-impact journals: 15%
Nature Index
- Universities:
- 14081
- Published:
- 15 June, 2024
- Criteria used in ranking -Nature Index: Research Leaders Academic Sector:
Article count (AC) Fractional count (FC) Weighted fractional count (WFC)
- Universities:
- 185
- Published:
- 17 March, 2021
- Universities:
- 139
- Published:
- 08 December, 2021
RUR Ranking Agency (Moscow, Russia)
- Universities:
- 1946
- Published:
- 25 May, 2023
- Criteria used in ranking -RUR Academic Rankings:
Normalized citation impact (Citations of research publications from all university authors compared with world averages) 20% Citation per papers 20% Papers per academic and research staff 20% International research reputation 20% Share of research publications written in international co-authorship 20%
- Universities:
- 2771
- Published:
- 25 May, 2023
- Criteria used in ranking -RUR Reputation Ranking:
Teaching Reputation 50% Research Reputation 50%
- Universities:
- 4850
- Published:
- 30 May, 2024
- Criteria used in ranking -RUR World University Rankings:
Teaching: 40%
- Ratio Faculty/Student: 8%
- Ratio Faculty/Bachelor Degrees Awarded: 8%
- Ratio Faculty/Doctoral Degrees Awarded: 8%
- Ratio Doctoral Degrees Awarded/Bachelor Degrees Awarded: 8%
- World Teaching Reputation: 8%
Research: 40%
- Citations per Academic/Research Staff: 8%
- Doctoral Degrees per Accepted PhD: 8%
- Normalized Citation Impact: 8%
- Papers per Academic/Research Staff: 8%
- World Research Reputation: 8%
International Diversity: 10%
- International Faculty: 2%
- International Students: 2%
- International Co-Authored Papers: 2%
- Reputation Outside Geographical Region: 2%
- International Level: 2%
Financial Sustainability: 10%
- Institutional Income per Faculty: 2%
- Institutional Income per Student: 2%
- Papers per Research Income: 2%
- Research Income per Academic/Research Staff: 2%
- Research Income per Institutional Income: 2%
Scimago Institutions
- Universities:
- 20805
- Published:
- 06 March, 2024
- Criteria used in ranking -Scimago Institutions Rankings:
Research 50% Innovation 30%
Societal 20%
ShanghaiRanking Consultancy
- Universities:
- 12334
- Published:
- 15 August, 2023
- Criteria used in ranking -ARWU Academic Ranking of World Universities - ShanghaiRanking:
Quality of Education 10%
- Alumni winning Nobel Prizes/Field Medals 10%
Quality of Faculty 40%
- Staff winning Nobel Prizes/Field Medals 20%
- Highly Cited Researchers 20%
Research Output 40%
- Papers published in Nature and Science 20%
- Papers indexed in Science Citation Index-Expanded & Social Science Citation Index 20%
Per Capita Performance 10%
- Universities:
- 62825
- Published:
- 27 October, 2023
StuDocu
- Universities:
- 138
- Published:
- 30 January, 2023
THE Times Higher Education, UK
- Universities:
- 13543
- Published:
- 27 September, 2023
- Criteria used in ranking -THE World University Rankings:
30% Teaching (the Learning Environment)
- Reputation survey: 15%
- Staff-to-student ratio: 4.5%
- Doctorate-to-bachelor’s ratio: 2.25%
- Doctorates-awarded-to-academic-staff ratio: 6%
- Institutional income: 2.25%
30% Research (Volume, Income and Reputation)
- Reputation survey: 18%
- Research income: 6%
- Research productivity: 6%
30% Citations (Research Influence)
7.5% International Outlook (Staff, Students and Research)
- Proportion of international students: 2.5%
- Proportion of international staff: 2.5%
- International collaboration: 2.5%
2.5% Industry Income (Knowledge Transfer)"
- Universities:
- 933
- Published:
- 23 November, 2023
- Criteria used in ranking -THE Global Employability University Ranking:
Employability (survey) 100%
- Universities:
- 781
- Published:
- 27 July, 2023
- Criteria used in ranking -THE World Reputation Rankings:
Research Reputation 66,6% Teaching Reputation 33,3%
- Universities:
- 701
- Published:
- 25 January, 2024
- Criteria used in ranking -THE World’s Most International Universities:
Proportion of international students 25% Proportion of international staff 25% Proportion of journal publications with one or more international co-authors 25% University’s international reputation 25%
- Universities:
- 2605
- Published:
- 14 May, 2024
- Criteria used in ranking -THE Young University Rankings:
Teaching 30% Research (volume, income and reputation) 30% Citations 30% International outlook (staff, students, research) 7.5% Industry income (knowledge transfer) 2.5%
- Universities:
- 530
- Published:
- 17 April, 2024
- Universities:
- 4524
- Published:
- 27 March, 2024
- Universities:
- 5797
- Published:
- 12 June, 2024
Thomson Reuters
- Universities:
- 71
- Published:
- 01 January, 2019
- Criteria used in ranking -Most Innovative Universities Asia Pacific:
Patent volume 11.11% Patent success 11.11% Global patents 11.11% Patent citations 11.11% Percent of patents cited/Patent citation impact 11.11% Patent to Article Citation Impact 11.11% Industry Article Citation Impact 11.11% Percent of Industry Collaborative Articles 11.11% Total Web of Science Core Collection Papers 11.11%
- Universities:
- 71
- Published:
- 01 January, 2019
- Criteria used in ranking -Most Innovative Universities Asia Pacific:
Patent volume 11.11% Patent success 11.11% Global patents 11.11% Patent citations 11.11% Percent of patents cited/Patent citation impact 11.11% Patent to Article Citation Impact 11.11% Industry Article Citation Impact 11.11% Percent of Industry Collaborative Articles 11.11% Total Web of Science Core Collection Papers 11.11%
Urap
- Universities:
- 11462
- Published:
- 19 December, 2023
Us News
- Universities:
- 6943
- Published:
- 24 June, 2024
Webometrics
- Universities:
- 69980
- Published:
- 12 July, 2024
- Criteria used in ranking -Webometrics Ranking Web of Universities:
Visibility 50% Excellence 35% Transparency 10% Presence 5%