The last five years in Finland have seen the creation of the central system of outside assessment of universities, which is regarded as one of the strictest. At the same time, academic and research departments were made autonomous. The principal assessment criterion is the degree to which universities meet job market demands and help students enter the labor force. The extent of universities’ collaboration with research bodies and the results thereof are also major criteria. Finally, the degree of implementation of postgraduate, including doctoral, programs is judged as part of the evaluation process.