Founded in 1943, Tecnológico de Monterrey (Monterrey Institute of Technology) is a non-profit private higher education institution located in the the urban setting of the large city of Monterrey (population range of 1,000,000-5,000,000 inhabitants), Nuevo Leon. This institution has also branch campuses in the following location(s): other 27 locations. Officially accredited/recognized by the Secretaría de Educación Pública, Mexico (English: Ministry of Public Education, Mexico), Tecnológico de Monterrey (ITESM) is a very large (enrollment range: over-45,000 students) coeducational higher education institution. Tecnológico de Monterrey (ITESM) offers courses and programs leading to officialy recognized higher education degrees such as undergraduate certificates/diplomas, associate degrees, bachelor degrees, master degrees, doctorate degrees in several areas of study. This 73 years old HE institution has a selective admission policy based on students' past academic record and grades. The admission rate range is 50-60% making this Mexican higher education organization a averagely selective institution. International students are welcome to apply for enrollment. ITESM also provides several academic and non-academic facilities and services to students including a library, housing, sport facilities and/or activities, financial aids and/or scholarships, study abroad and exchange programs, online courses and distance learning opportunities, as well as administrative services.