Established in 1472, Ludwig-Maximilians-Universität München (Ludwig Maximilian University of Munich) is a for-profit public higher-education institution located in the urban setting of the metropolis of München (population range of 1,000,000-5,000,000 inhabitants), Bavaria. Officially recognized by the Bayerisches Staatsministerium für Wissenschaft und Kunst (Bavarian State Ministry for Science and Art), Ludwig-Maximilians-Universität München (LMU) is a very large coeducational German higher education institution. Ludwig-Maximilians-Universität München (LMU) 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 550 years old German higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. International applicants are eligible to apply for enrollment. LMU 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.