Tradition – The city of Basel is home to the oldest university in Switzerland. Founded upon the initiative of local citizens in 1460, the University of Basel is a modern and attractive centre of teaching, learning, and research situated in the heart of the historic old town. Self – managed – The University of Basel has been self-managed since 1996 whilst remaining under the jurisdiction of the Cantons of Basel-Stadt and Basel-Landschaft. It provides committed individuals from all over the world with a strong academic community and an inspiring work environment. It is home to 3’500 staff. Its annual budget is approximately 500 million Swiss francs, of which one fourth each is borne by the two sponsoring cantons. The remaining costs are covered through federal contributions, third-party funding, other cantons, and tuition fees.