Established in 1971, Bogaziçi Üniversitesi (Bogaziçi University) is a non-profit public higher education institution located in the urban setting of the metropolis of Istanbul (population range of over 5,000,000 inhabitants). Officially accredited and/or recognized by the YÖK - Yüksekögretim Kurulu (YÖK - Council of Higher Education), Bogaziçi Üniversitesi (BU) is a large (uniRank enrollment range: 15,000-19,999 students) coeducational higher education institution. Bogaziçi Üniversitesi (BU) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. See the uniRank degree levels and areas of study matrix below for further details. This 48 years old higher-education institution has a selective admission policy based on entrance examinations.