The Universidad del Valle de México (University of the Mexico Valley) or "UVM" is a private Mexican university, founded in 1960. UVM is ranked in 5th place out of 100 universities in Mexico by Reader's Digest Magazine. UVM enrolls students at 35 campuses throughout Mexico and is a member of Laureate International Universities. Since its founding, UVM has formed successful graduates in diverse fields that have contributed to the development of Mexico. As a response to the developmental needs of the country, and to the demand for well-prepared professionals, a group of academics and entrepreneurs formed by Don José Ortega Romero, Don Ignacio Guerra Pellegaud, Don Alejandro Pearson, Don Salvador Camillieri, Don Jorge Malo and Don Manuel Olivar, founded the Universidad del Valle de México, as an alternative for the formation of the professionals that Mexican society needs. UVM commenced its function on November 16, 1960, with a population of 212 students, 23 professors and 14 administrators, with degrees in Public Accounting and Business Administration, as well as grades 1 through 12.