Ludwig Maximilian University was established in 1472 and is also known as the University of Munich. It is an open research university that is associated with the LERU, Europaeum, and the German Excellence Universities. Earlier, the university was known as the Ingolstadt University. The German Universities Excellence Initiative entitles the university as 'Elite University' in Germany. In the year of establishment, the university consisted of only four faculties, namely the Faculty of Jurisprudence, Faculty of Theology, Faculty of Medicine, and the Faculty of Philosophy. Initially, the university was built in the Old Academy but later on, in 1826, it was shifted to Ludwigstrabe. It gained popularity as the best university for scientific research during the nineteenth century. In 1903, the university began admitting female students and became a coeducational institute.