Established in 1961, Universidad de Magallanes (University of Magallanes) is a non-profit public higher-education institution located in the small city of Punta Arenas (population range of 50,000-249,999 inhabitants), Magallanes. Officially recognized by the Comisión Nacional de Acreditación, Chile (National Accreditation Commission), Universidad de Magallanes (UMAG) is a small coeducational Chilean higher education institution. Universidad de Magallanes (UMAG) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. This 61 years old Chilean higher-education institution has a selective admission policy based on entrance examinations. UMAG 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.