UNMSMUniversidad Nacional Mayor de San Marcos (Perú)
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The other principal player is the private university, Pontificia Universidad Catolica del Peru (PUCP) which is funded more generously than irs state counterparts, has the resources to compete in some way at an international level, and has assumed the mantle of elite university, long-since discarded by the UNMSM (Burga 2003).
As a negative corollary, it does mean that money rather than intellect (the UNMSM still maintains a strict exam driven entry requirement) is a primary admittance factor in most cases, although subsidised students do exist.