Established in 1992, Institute of International Business Education is a non-profit private higher-education institution located in the large metropolis of Moscow (population range of over 5,000,000 inhabitants). This institution also has a branch campus in Zelenograd. Officially recognized by the Ministry of Science and Higher Education of the Russian Federation, Institute of International Business Education (IBE) is a very small coeducational Russian higher education institution. Institute of International Business Education (IBE) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. This 30 years old Russian higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. The admission rate range is 60-70% making this Russian higher education organization a somewhat selective institution. IBE also provides several academic and non-academic facilities and services to students including a library, housing, study abroad and exchange programs, as well as administrative services.