The University of Economics commenced its activities in 1947. The University has four faculties: Economic Science , Management, Computer Science and Finance, Engineering and Economics and Regional Economy and Tourism, the latter located in Jelenia Góra. Altogether it employs 784 academic teachers including 142 professors. There is strong interest in economic studies, in the current academic year 2006/2007 the University has about 18,000 students, and so far it has produced over 60,000 graduates.