Founded in 1996, Universidad Tecnológica Intercontinental (Intercontinental Technological University) is a private higher-education institution located in the large city of Asunción (population range of 500,000-1,000,000 inhabitants), Asuncion. Officially recognized by the Consejo Nacional de Educación Superior, Paraguay (National Council of Higher Education of Paraguay), Universidad Tecnológica Intercontinental (UTIC) is a coeducational Paraguayan higher education institution. Universidad Tecnológica Intercontinental (UTIC) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees in several areas of study. UTIC also provides several academic and non-academic facilities and services to students including as well as administrative services.