Established in 1951, University of International Business and Economics (3+) is a non-profit public higher-education institution located in the urban setting of the large metropolis of Beijing (population range of over 5,000,000 inhabitants). Officially recognized by the Ministry of Education of The People's Republic of China, University of International Business and Economics (UIBE) is a large coeducational Chinese higher education institution. University of International Business and Economics (UIBE) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. This 71 years old Chinese higher-education institution has a selective admission policy based on entrance examinations. International applicants are eligible to apply for enrollment. UIBE 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.