7. Massachusetts Institute of Technology

At number seven is Massachusetts Institute of Technology, USA.

It was founded in 1861 and emphasised on applied technology-based curriculum in education.

It has 168-acre campus and has an annual enrollment of about 10,000 students across its various graduate and research programmes.

About 24 of MIT's alumni have been Nobel laureates, besides others being entrepreneurs, achievers and leaders heading institutions of higher education.

Among its notable alumni include Nobel prize winning economist Paul Krugman and former UN Secretary General Kofi Annan.