Yaroslav Kichuk - Department of Ukrainian and World History and Culture, Izmail State University of Humanities, Izmail, Ukraine
Valentyna Kunchenko-Kharchenko - Department of Informatics, Information Security and Documentation, Cherkasy State Technological University, Cherkasy, Ukraine
Nataliia Hrushchynska - Department of Public Administration, National Aviation University, Kyiv, Ukraine
Yuliia Zhukova - Department of Finance and Economics, Borys Grinchenko Kyiv University, Kyiv, Ukraine
Olena Yarish - Department of Finance and Banking, Poltava university of Economics and Trade, Poltava, Ukraine

To determine the directions of managing the intellectual capital of a university, the authors studied the impact of the knowledge economy on the education sector, analysed the most prestigious international rankings of universities and their criteria and methodologies, assessed the current state and prospects of Ukrainian universities in global rankings. The study of theoretical developments has proven the importance of the intellectual capital of the university and its ability to increase the competitive advantages of universities. Authors proposed the mechanism of institutions of higher education intellectual capital management in the knowledge economy, which provides a synergistic effect of all components of intellectual capital and will increase the competitive advantages of Ukrainian universities.

Institution of higher education, Intellectual Capital, Intellectual Property, International ranking, knowledge Economy