that, SMU moved from its Bukit Timah campus to its current campus in the Bugis-Bras Basah district. Since then, SMU has expanded, with the establishment of its School of Law in 2007 and the restructuring of its School of Economics and Social Sciences into two separate schools: the School of Economics and the School of Social Sciences. In 2010, Yong Pung How and Arnoud De Meyer took over the positions of SMU Chancellor and President from Richard Hu and Howard Hunter respectively. and President In 2015, J. Y. Pillay replaced Yong as SMU's Chancellor while Lily Kong succeeded De Meyer as SMU's president in January 2019. Lim Chee Onn succeeded J. Y. Pillay as Chancellor in August that year. Academics SMU follows a course credit system similar to that used in most American universities. Each individual course within the university is assigned a certain credit weightage and students are usually required to take a specified number of units to fulfill requirements for graduation. Courses are typically conducted as small group seminars of under 50 students. Undergraduate students may be enrolled in second majors as well as double degrees. Admissions SMU admits students from a list of pre-university or high school qualifications that includes the Singapore-Cambridge GCE Advanced Level, diplomas from the five polytechnics or two arts institutions and International Baccalaureate diploma once a year. For entry to graduate or master programmes, SMU requires GMAT and TOEFL or IELTS for most of the majors. Some majors also require submission of essays, recommendation letters, and a minimum work experience requirement. Schools School of Accountancy The School of Accountancy was launched in 2001 with the Bachelor of Accountancy (BAcc) undergraduate degree as its sole offering. In 2005, the school launched the Master of Professional Accounting (MPA) programme for professionals without undergraduate accounting qualifications. Both the SMU MPA and BAcc are accredited with the Institute of Singapore Chartered Accountants, Chartered Accountant Singapore, the Accounting and Corporate Regulatory Authority (ACRA), CPA Australia, the Institute of Chartered Accountants Australia (ICAA) and the Institute of Chartered Accountants in England and Wales (ICAEW). Lee Kong Chian School of Business The Lee Kong Chian School of Business was SMU's first school, opening its doors to its pioneer batch of Bachelor of Business Management (BBM) students in August 2000. The school was named after the philanthropist Lee Kong Chian. In addition to its undergraduate offerings, the school offers masters degrees