HSG Economics in top group In the Excellence Ranking conducted by the German Center for Higher Education Development (CHE), the Department of Economics of the University of St.Gallen (HSG) is in the top group. 28 October 2009. It has attained this place thanks to the citation frequency of its academic publications and thanks to the mobility of students and faculty. It is also in the top group as a result of the internationality of its faculty members and doctoral students, and also because of the HSG students’ satisfaction with their degree courses. The 71 universities that constitute the Excellence Group in Economics comprise three universities from Switzerland (Berne, Zurich and St.Gallen), seven from Germany (HU Berlin, Bielefeld, Freiburg, Lüneburg, Mannheim, LMU Munich and Wuppertal) and one from Austria (Vienna University).