Founded in 1850, the University of Sydney is a world-class institution of higher learning located in the center of Sydney, Australia's financial capital. As the first university in Australia and Oceania, the University of Sydney is also a core member of the G8, a member of the Pacific Rim University Alliance and the Asia-Pacific International Trade Education and Research Alliance. According to the official statistics of the Australian government, 1/3 of the Australian Nobel Prize winners are alumni of the University of Sydney, which is far ahead of other Australian universities and leads the scientific and technological development of Australia as a whole.