The Megatrend University (Serbian: Мегатренд универзитет / Megatrend univerzitet) is a private university located in Belgrade, Serbia. It was founded in 1989 and is organized into 19 institutions. Since its founding, the University has educated more than 12,000 bachelors, around 120 magisters, 20 masters (since 2007.), and 60 doctors. The very first institute of the university was Belgrade's Megatrend Business School which was established 1989, and later on was the founder of all other institutes which comprise the present Megatrend University. During 1991, Megatrend Business School, together with the Technical Faculty of Bor carried out the project of management graduate studies introduction. This project which was the first one of this type in South-East Europe, was financially supported by the European Union TEMPUS Fund which was specifically intended for the development of business education. This success has caused further expanding of Megatrend educational network. In the previous educational system, institutes were missing that could provide the similar kind of knowledge.