Founded in 1995, Instituto de Formação Turística (Institute for Tourism Studies) is a non-profit public higher-education institution located in the urban setting of the large city of Macao (population range of 500,000-1,000,000 inhabitants). Officially recognized by the Gabinete do Secretário para os Assuntos Sociais e Cultura, Macau (Office of the Secretary for Social Affairs and Culture of Macao), Instituto de Formação Turística (IFT) is a very small coeducational Macau higher education institution. Instituto de Formação Turística (IFT) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees in several areas of study. This 27 years old Macau higher-education institution has a selective admission policy based on entrance examinations. The admission rate range is 20-30% making this Macau higher education organization a very selective institution. International students are welcome to apply for enrollment. IFT also provides several academic and non-academic facilities and services to students including a library, housing, sports facilities, financial aids and/or scholarships, study abroad and exchange programs, as well as administrative services.