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<span style="font-size:medium;"><span id="docs-internal-guid-15a44742-e28c-94e1-40e9-bfe7cc399f32"><span style="font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">The University of Montevideo (UM) started off in 1986 as the Institute of Business Studies of Montevideo (IEEM). Some months later the IEEM started a postgraduate in business law. From there and on the IEEM continued incorporating new courses m<span style="font-family:arial,helvetica,sans-serif;">ixing law and business, such as seminar in management, business administration, master's degree in business law and m</span>uch more.</span><br/><br/><span style="font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">It wasn't until April 29 of 1997 that the IEEM was approved to function as a university and from there it's known as the Universidad de Montevideo. </span></span></span>
<span style="font-size:medium;"><span><span style="font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">Now the UM has 7 8 different faculties :</span><br/></span></span> *<span style="font-size:medium;"><span><span style="font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">- Law School</span></span><br/></span>*<span style="font-familysize: Arialmedium; "><font color="#000000" face="Arial"><span style="white-space: rgb(0, 0, 0); backgroundpre-color: transparentwrap; vertical">Humanities & Education</span></font><br/></span>*<span style="font-alignsize: baselinemedium; "><font color="#000000" face="Arial"><span style="white-space: pre-wrap;">- </span></font>Faculty of Business Science and Economics<br/span><br/span>*<span style="font-familysize: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrapmedium;">- Faculty of Engineering<br/span><br/span>*<span style="font-familysize: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrapmedium;">- Faculty of Communication<br/span><br/span>*<span style="font-family: Arial; color: rgb(0, 0, 0); background-colorsize: transparent; vertical-align: baseline; white-space: pre-wrapmedium;">- Faculty of Biomedical Sciences<br/span><br/span>*<span style="font-familysize: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrapmedium;">- Business School (IEEM)<br/span><br/span>*<span style="font-familysize: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrapmedium;">- Center of leaders, entrepreneurs and innovators</span> <span style="font-size:medium;"><br/span><br/><span style="font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">Actually the UM offers 43 different major for undergraduate students and 22 majors for graduate students</span></span><span style="background-color: transparent; font-family: Arial; color: rgb(0, 0, 0); font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">and </span><span style="background-color: transparent; font-family: Arial; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">8 degrees</span><span style="background-color: transparent; color: rgb(0, 0, 0); font-family: Arial; white-space: pre-wrap;">, through the colleges listed above, also it has been ranked the best university in Uruguay by the QS ranking.</span></span>
<span style="font-size:medium;"><span><span style="font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">The number of professors and faculty members fostering innovation and entrepreneurship has been growing in the last couple of years. This whole new spirit lead to the creation of Initium. This center has created different courses and workshops stimulating students and professors to develop new skills and attitudes with an innovation and entrepreneurship mindset. It is also a place for connection between students, alumni entrepreneurs, accelerators and other extracurricular entities.There are also other courses that stimulate innovation in their areas, such as Engineering Labs or Investment Projects for example.</span></span></span>