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Feb 21, 2017 10:35 AM EST

The Times Higher Education has created its list once again for the year 2017 regarding the best universities around the world. THE used 13 indicators to choose which among the 300 universities from 41 countries. Here are the Top 7 universities from emerging economies around the world.

Peking University

Considered as the first modern university established in China and was originally named the Imperial University of Peking. Founded in 1898, it has educated some of China's leaders including Mao Zedong and writer Lu Xun.

Tsinghua University

Founded in 1911, Tsinghua University has consistently been one of the top universities in China along with Peking University. Ranked 18th by THE, it has one of the strongest scientific and research programs in mainland China with more than 1400 projects every year.

Lomonosov Moscow State University

This coeducational research university located in Moscow takes the third spot in the Top 7 universities from emerging countries. This academic institution has a total of 6,000 professors and lecturers and another 5000 researchers.

Shanghai Jiao Tong University

Originally named Nanyang Public School, Shanghai Jiao Tong University was established in 1886. The university has a total of 62 undergraduate programs in 9 disciplines and 37 doctorate degree programs in 8 disciplines. It has 29 schools, 13 hospitals, and 25 directly-affiliated institutions.

University of the Witwaterstrand

Wits University, as it often refers to itself, is a multi-campus South African university located in Johannesburg. Wits has more than 350 National Research Foundation-rated researchers as well as 22 South African Research Initiative chairpersons. It also has 13 large research institutions that receive funding from external sources.

Zhejiang University

Taking the sixth spot in the Top 7 universities from emerging economies is Zhejiang University, which was founded in 1897. Zhejian University is an amalgamation of four academic institutions - Zhejiang, Hangzhou University, Zhejiang Agricultural University, and Zhejiang Medical University. In 1998, it became a comprehensive university comprising of 7 universities, 9 research institutes, 25 departments, and a research center with the approval of the State Council.

National Taiwan University

To complete the Top 7 universities from emerging economies is the Taiwan University located in Taipei, Taiwan. The university was founded by the Japanese in 1928 and originally named the Taihoku Imperial University. At present, the university has a total of 100 graduate institutes, 54 departments, and 25 research centers.

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