Founded in 1991, Munich Business School is a for-profit private 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), Munich Business School (MBS) is a very small coeducational German higher education institution. Munich Business School (MBS) offers courses and programs leading to officially recognized higher education degrees in several areas of study. This 31 years old German higher-education institution has a selective admission policy based on entrance examinations. The admission rate range is 50-60% making this German higher education organization a averagely selective institution. International students are welcome to apply for enrollment. MBS also provides several academic and non-academic facilities and services to students including a library, sports facilities, financial aids and/or scholarships, study abroad and exchange programs, as well as administrative services.