Founded in 1992, Baki Biznes Universiteti (Baku Business University) is a non-profit private higher-education institution located in the urban setting of the metropolis of Baku (population range of 1,000,000-5,000,000 inhabitants), Absheron. Officially recognized by the Azerbaycan Respublikasi Tehsil Nazirliyi (Ministry of Education of Azerbaijan), Baki Biznes Universiteti (BBU) is a very small coeducational Azerbaijani higher education institution formally affiliated with the Islamic religion. Baki Biznes Universiteti (BBU) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. This 30 years old Azerbaijani higher-education institution has a selective admission policy based on entrance examinations. The admission rate range is 80-90% making this Azerbaijani higher education organization a least selective institution. International students are welcome to apply for enrollment. BBU also provides several academic and non-academic facilities and services to students including a library, sports facilities, study abroad and exchange programs, as well as administrative services.