However, two New Zealand universities feature in two of the subject lists, making them among the best universities in the world to study business and economics, and clinical health.
The University of Auckland ranked 74th in the clinical, pre-clinical and health subject ranking, while the University of Otago ranked joint 97th.
Auckland and Otago scored highly for their international outlook (92.9 and 94.4 respectively) and citations (81.8 and 78.6 respectively). Auckland also did well for its industry outcome (76.4).
Professor Peter Crampton, pro-vice-chancellor (health sciences) at Otago, said its placement reflected the university's "considerable research and teaching strengths relating to the health professions".
"We are pleased that the international quality of our professional programmes and related research has been recognised in these rankings."
Under the business and economics subject rankings, the University of Auckland came 80th, with good scores in international outlook (81) and citations (71).
The rankings revealed the world's leading universities in subjects such as arts and humanities, engineering and technology, physical sciences, clinical, pre-clinical and health, business and economics, computer science, life sciences and social sciences.
ETH Zurich of Switzerland beat competition from the US and UK to top the computer science ranking.
The computer science ranking reveals a more diverse list of institutions, also featuring a number of young, rising universities from the Asia-Pacific region and Europe, many of which do not yet appear at the top of global university rankings.
Meanwhile, the University of Oxford made the top five in seven of the subject rankings, hitting the top spot for clinical, pre-clinical and health.
Stanford and Harvard appear in six of the top five lists, with Stanford number one for social sciences and arts and humanities. Harvard comes first for physical sciences and life sciences.
Asian universities have risen up the subject rankings since last year. China was the third most represented country in the list of top engineering universities, with its top institution - Peking University - in the top 20 for engineering, physical sciences and business and economics. It also came joint 35th for social sciences.
The ranking came after all eight of New Zealand's universities were recognised as among the best in the world, in the Times Higher Education World University rankings last week.
• For more information and to view the complete lists for each subject, visit the Times Higher Education website here.
