The Royal Institute of Technology (Swedish: Kungliga Tekniska högskolan, abbreviated KTH) is a university in Stockholm, Sweden. KTH was founded in 1827 as Sweden's first polytechnic and is one of Scandinavia's largest institutions of higher education in technology, (the largest by certain definitions). KTH accounts for one-third of Sweden’s technical research and engineering education capacity at university level. KTH offers programmes leading to a Master of Architecture, Master of Science in Engineering, Bachelor of Science in Engineering, Bachelor of Science, Master of Science, licentiate or doctoral degree. The university also offers a technical preparatory programme for non-scientists and further education. There are a total of just over 13,000 full-year equivalent undergraduate students, more than 1,500 active postgraduate students and 2,935 full time equivalent employees. KTH is one of the leading technical universities in Europe and highly respected worldwide, especially in the domains of technology and natural sciences. The main campus buildings at Valhallavägen in Östermalm, by architect Erik Lallerstedt, was completed in 1917.