Founded in 1991, Universidad de Administración, Comercio y Aduana (University of Administration, Commerce and Customs) is a private higher-education institution located in the metropolis of Managua (population range of 1,000,000-5,000,000 inhabitants). Officially recognized by the Consejo Nacional de Universidades, Nicaragua (National Council of Universities of Nicaragua), Universidad de Administración, Comercio y Aduana (UNACAD) is a coeducational Nicaraguan higher education institution. Universidad de Administración, Comercio y Aduana (UNACAD) offers courses and programs leading to officially recognized higher education degrees in several areas of study. UNACAD also provides several academic and non-academic facilities and services to students including a library, as well as administrative services.