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Times Higher Education ranking of the best universities in Latin America shows that Brazil holds five of the top ten positions, where University of São Paulo is number 1 while the State University of Campinas is on the 2nd place. Chile is on the following two places, where Pontifical Catholic University of Chile (3rd) and the University of Chile (4th). While Mexico holds position 8 and 9, with the Monterrey Institute of Technology and Higher Education and the National Autonomous University of Mexico. University of the Andes in Colombia is also on the top ten of the ranking. Javier Botero Álvarez, who leads the World Bank’s tertiary education portfolio for Latin America predicts that institutions in Brazil, Chile, Mexico and Colombia will get “better and better” and claim more places in world rankings in the coming years. The Latin America University Rankings use the same 13 performance indicators as the World University Rankings. Source: Times Higher Education Ranking