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EAFIT University

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EAFIT University

EAFIT University (originally the acronym in Spanish: Escuela de Administración, Finanzas e Instituto Tecnológico, «School of Administration, Finance and Technological Institute») is a private Colombian university located in Medellín offering 23 undergraduate programs, 70 specializations, 34 masters, and six doctoral programs. The university offers degrees in various disciplines through its schools of Management, Engineering, Law, Finance and Economics, Science, and Humanities. Universidad EAFIT was approved by the Colombian Ministry of Education on May 6, 1971. It has three additional branches in Bogotá, Pereira, and Rionegro.

The university has received the Ministry of National Education's institutional high-quality accreditation twice in a row. This makes it the first Colombian university to earn that recognition. This accreditation is valid through the end of 2026.

EAFIT is approved and recognized by the National Education Ministry, based on act 759 from May 6 of 1971. The university's main campus is located in El Poblado, Medellín. It has additional campuses in Bogotá, Pereira and Llanogrande Rionegro (Antioquia).

It is considered one of the top tier universities in Colombia by QS Rankings and MIDE.

Its current principal is Claudia Restrepo.

Universidad EAFIT was founded in 1960 by a group of entrepreneurs in Medellín. Its main goal was to educate professionals who would address new challenges in management, finance, and technology. EAFIT started as a "School of Management and Finance." Two-year technological programs were offered when its Institute of Technology division was created. The institution organized itself as a university in 1975, when it started offering five-year programs in engineering.

Professor Javier Toro Martínez was the first rector with a group of 59 students in the school of Business Administration. The Textile Technology, Industrial Programming and Mechanic faculties were opened in 1962. In 1996 EAFIT opened its first branch outside of Medellín in Llanogrande, Rionegro, offering degrees in Business Administration, Civil Engineering, and Systems Engineering.

The School of Social Sciences and Humanities was opened in 1997, adding new disciplines to an educational center that had been primarily dedicated to Economics. The subsequent creation of the School of Music increased the number of programs in the Arts and Sciences. The Product Design Engineering and Law faculties were then created in 1999. This was followed by the creation of the Mathematics Engineering undergraduate program in 2002, the first of its kind in Colombia. Three new departments were added in 2004: Engineering Physics, Social Communication and Political Science. That same year the administration made the decision to rename the campus as "Park University" (Universidad Parque), adding ecological grounds that include a large lake, woods, and an unpaved parking area. Dr. Juan Luis Mejía's goal was to integrate the university with the urban background of the city, while at the same time improving and protecting its natural environment. The project was awarded the Premio Lápiz de Acero (Steel Pen Award) from the Proyecto Diseño magazine of Medellín in the "Public Spaces" category.

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