This is the 5669th most frequent Russian word.
престижной
Prestigious.
Here, "престижной" describes the area of the city, attributing a sense of exclusivity or elite status.
Жить в престижной районе города считается привилегией.
Living in a prestigious part of the city is considered a privilege.
The word "престижной" is used here as an adjective describing the company, emphasizing its reputation or status.
Она работает в престижной компании.
She works at a prestigious company.
In this context, "престижной" modifies "university," indicating its high regard or recognition.