University of Michigan

THE UNIVERSITY OF Michigan (also known as Michigan, or UM) was established in 1817 and today is one of the premier research universities in the United States. The university has a strong reputation in all academic fields, with more than 70 percent of [Page 1034]Michigan's 200 major programs, departments, and schools ranking in the top 10 nationally. The university has one of the largest annual research expenditures of any university in the United States (nearly $800 million in 2006), and the university's endowment was valued at $5.65 billion also in 2006, making it the ninth-largest endowment in the United States and the third largest among public universities. The university has over 6,200 faculty members, 73 of whom are members of the National Academy and 400 ...