Founded in 2011, Kolegji Universitar i Biznesit (University College of Business) is a for-profit private higher-education institution located in the urban setting of the large city of Tirana (population range of 500,000-1,000,000 inhabitants). Officially recognized by the Agjencia e Sigurimit të Cilësisë në Arsimin e Lartë (Quality Assurance Agency in Higher Education), Kolegji Universitar i Biznesit (KUB) is a very small coeducational Albanian higher education institution. Kolegji Universitar i Biznesit (KUB) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees in several areas of study. This 10 years old Albanian higher-education institution has a selective admission policy based on entrance examinations. International students are welcome to apply for enrollment. KUB 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.