Porto is located in the North of Portugal, on the north bank of the river Douro. It's the second largest city in the country, in an urban area with more than 1.3 million inhabitants. Four main bridges (Arrábida, Freixo, D. Luiz and Infante) and two railway bridges (S. João and the Gustave Eiffel-built D. Maria - this one, considered an historical monument) make it possible to cross the river to the other bank (to the city of Vila Nova de Gaia). Its climate is mild.

The historical richness of the city can be seen in the labyrinth of narrow and rough streets of the medieval times and in its monuments (the Cathedral, the "Palácio da Bolsa", as well as several churches, museums and private houses). Influenced by the undeniable historical and architectural richness, by the beauty of the city and by the urban and social renovation the city goes constantly through, especially in the oldest areas, in 1996 UNESCO declared Porto as a "World Heritage". This demonstrates the cultural and social vitality of the city, which is also proven by its large University, art academies, conservatories, museums and art galleries.

This enabled Porto also to be considered in 2001 the European Capital of Culture, together with Rotterdam. As such, great projects have been implemented aiming at encouraging cultural dynamics and continuing the urban renovation Porto has been going through.

For all this, Porto is very much proud of its unique place as a city of work, science, culture and leisure.

Universidade do Porto (UP), the largest Portuguese university by number of students (around 26 500, spread across its 15 schools, 3 000 of which studying at post-graduate level). The UP was founded in 1911, although its roots can be traced back to the 18th Century.

The UP offers more than 60 graduate courses in all major fields of study and more than 120 Master courses. Faculty includes more than 2 000 teachers (half of which hold a PhD) and 1 000 technical and administrative staff.

The University carries out high quality research in all fields of study and has 50 research units which have been awarded the grade “Good” or higher by the Portuguese Foundation for Science and Technology (“FCT-Fundação para a Ciência e Tecnologia”).

FEP, the School of Economics and Management of Universidade do Porto, is a leading institution in higher education and research in the areas of Economics and Business Administration. It currently offers undergraduate degrees (“Licenciatura”) in Economics and Management, master degrees in Economics, Management (Finance, Marketing and Accounting), Data Analysis and Decision Support Systems, and Development and Social Integration, and doctoral programmes in Economics and Management. FEP also has several post-graduate programmes in Management (Finance, Real Estate Management, Financial Analysis and Fiscal Studies, among many others).

FEP is currently the largest Portuguese Economics and Management School by number of students (around 2 800) and one of its oldest (it was founded in 1953). It has four research centers in the fields of Economics, Management and Applied Quantitative Methods (Cempre, Cete, Cedres and Liacc), all of which are rated as “Very Good” by FCT. FEP’s alumni include a large number of current leaders in Portuguese business and political life enabling FEP to be rightly regarded as one of the most influential institutions of its kind in Portuguese economy and society.