Sabancı University (SU) is a private research institution located in Istanbul, Turkey. Founded in 1996. SU is a small and highly focused university with 2861 undergraduates and 624 graduates, maintaining a strong emphasis on social and natural sciences. Sabanci University is ranked #248 worldwide and #3 (after #1 Istanbul Technical University and #2 Bilkent University) nationwide in the field of engineering/technology by THE - QS World University Rankings 2009 THE - QS World University Rankings 2009 SU has been both applauded and criticized for its approach on undergraduate education, for adopting the statement of academic freedom, and for hosting controversial faculty members. In Turkey, private foundations obtained the right to establish and develop universities. In July 1994, the Sabancı Group decided to establish a university. The foundation of Sabancı University became legal on June 5, 1996. once the Law 4142 passed through Parliament. On July 31, 1997 the establishment of the campus and creation of the Board of Trustees and the President were announced to the public.