Complex sentence: São Paulo State University is considered as the 5th most important university in Brazil and 7th in Latin America, it is also ranked amongst the 300 best universities in the world as of the "Academic Ranking of World Universities-2010".
Split into simpler sentences: São Paulo State University is considered as the 5th most important university in Brazil and 7th in Latin America. It is ranked amongst the 300 best universities in the world as of the "Academic Ranking of World Universities-2010".