Higher education systems are expanding rapidly around the globe to satisfy the greater need and demand for access to education. Increased access to higher education enhances individual opportunity as well as national economic development and competitiveness in a globalised world. As a result, there is unprecedented growth in the number of students attending colleges and universities, and a rise in the number of public and private institutions around the world. In this changing context, quality and accountability have received increasing attention from policymakers and educationists internationally. In many developing countries, rankings, ratings and national assessment and accreditation systems have significant impacts, especially on the governance and internal management of higher educational institutions, and relationships between institutions and government, and between institutions and its stakeholders.