Complex sentence: With an acceptance rate of 16 percent, USC is also among the most selective academic institutions in the nation, with admissions most competitive at the School of Cinematic Arts and Annenberg School for Communication and Journalism--both ranked first globally in their respective fields of study.
Split into simpler sentences: With an acceptance rate of 16 percent, USC is also among the most selective academic institutions in the nation. Within the university, admissions is most selective at the School of Cinematic Arts and Annenberg School for Communication and Journalism--both ranked first globally in their respective fields of study.