Established in 1782, Budapesti Muszaki és Gazdaságtudományi Egyetem (Budapest University of Technology and Economics) is a non-profit public higher-education institution located in the urban setting of the metropolis of Budapest (population range of 1,000,000-5,000,000 inhabitants). Officially recognized by the Magyar Felsooktatási Akkreditációs Bizottság (Hungarian Accreditation Committee), Budapesti Muszaki és Gazdaságtudományi Egyetem (BME) is a large coeducational Hungarian higher education institution. Budapesti Muszaki és Gazdaságtudományi Egyetem (BME) 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 240 years old Hungarian higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. BME 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.