Changes

<span id="docs-internal-guid-91110eb2-b984-1eb4-e878-222ca03f82c4"><span style="font-size: 14.6667px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;"><span style="background-color: transparent; font-size: 11pt; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline;">The </span>[http://www.um.edu.uy/ <span style="font-size: 11pt; font-family: Arial; color: rgb(17, 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline;">University of Montevideo</span><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline;">(</span>]<span style="background-color: transparent; font-size: 11pt; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline;">UM) </span>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 the IEEM continued incorporating new courses mixing law and business, such as seminar in management, business administration, master's degree in business law and much more.</span></span>

<span id="docs-internal-guid-91110eb2-b984-1eb4-e878-222ca03f82c4"><span style="font-size: 14.6667px; font-family: Arial; 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 </span><span style="font-size: 14.6667px; font-family: Arial; font-style: italic; vertical-align: baseline; white-space: pre-wrap;">Universidad de Montevideo</span><span style="font-size: 14.6667px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;">. To be legally approved as a national university it was demanded the existence of three areas of knowledge, these were:</span></span>

<li><span id="docs-internal-guid-91110eb2-b984-1eb4-e878-222ca03f82c4"><span style="font-size: 14.6667px; vertical-align: baseline; white-space: pre-wrap;">Center for tertiary training in services and innovation</span></span></li>

</ul>

<span id="docs-internal-guid-91110eb2-b984-1eb4-e878-222ca03f82c4"><span style="font-size: 14.6667px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;">Actually the UM offers 20 different majors for undergraduate students and 28 majors for graduate students, through the schools listed above, also it has been ranked the best university in Uruguay by the QS ranking.</span></span>