Based on a press release from ristekdikti.go.id, on Friday, August 16, 2019, STIE Perbanas Surabaya in 2019 was ranked 67th out of 2,141 tertiary institutions under the auspices of the Ministry of Research, Technology and Higher Education. The ranking was better than the previous year, which rose 3 places from the previous rank 70. This means that STIE Perbanas Surabaya is now ranked First in the Best Higher Education in Indonesia in 2018 and 2019. This achievement has made STIE Perbanas Surabaya a university in cluster 2 .

According to the Ministry of Research, Technology and Higher Education, this clustering was carried out to map Indonesian universities under the auspices of the Ministry of Research, Technology and Higher Education in order to improve the quality of higher education as well as become the basis for the Ministry of Research, Technology and Higher Education to provide policies according to the capacity of each college cluster.

"Our goal is to encourage Indonesian universities to progress and enter the world class. This encouragement becomes very important. If we have said this, we can do the mapping. The goal is to map the Kemenristekdikti tertiary institutions how to make policies for each in the higher education institutions, so that in the future we can realize quality universities, "said Minister of Research, Technology and Higher Education (Menristekdikti) Mohamad Nasir as quoted from ristekdikti.go. TED en.

On this occasion, Mohamad Nasir reiterated that there is no dichotomy between state universities (PTN) and private universities (PTS). According to him, the most important thing in a college is its quality. In fact, the Menristekdikti also appreciated a number of private universities being able to compete with state universities and being in cluster 2.

Based on the Press Release of the Ministry of Research, Technology and Higher Education Number: 147 / SP / HM / BKKP / VIII / 2019, the 2019 Higher Education Rankings focus on indicators or assessments based on Output - Outcome Base, namely by looking at Input Performance with a weight of 40% which includes Input performance (15 %) and Process (25%), as well as Output Performance with a weight of 60% which includes Output Performance (25%) and Outcome (35%). The addition of these new indicators is an effort so that universities can actively respond to the times, especially the fourth industrial revolution and the need for labor. (public relations)