Kerala is well known for its highest literacy rate, and all this is because of the presence of a large number of educational institutes in the state. Kerala is a hub of education as there are approximately 12 state universities and 3 National universities located in Kerala. Kerala has also one of the most prestigious business schools of India, the Indian Institute of Management Kozhikode . Apart from the above institutes, Kerala is home to a large number of deemed and private Universities as well as many autonomous institutions providing courses in a number of indigenous programs.