The Torcuato Di Tella University (Universidad Torcuato Di Tella, commonly referred to as UTDT or La Di Tella) is a non-profit private university founded in 1991. Located Buenos Aires, Argentina, it is focused primarily on social sciences. The undergraduates majors available are economics, business economics, digital technologies, business administration, law, political science, international relations, social sciences, history, architecture and design. The university also offers over 34 graduate programs. The faculty comprises more than 70 full-time professors, most of them alumni from universities abroad. The university provides more than 50 exchange programs with universities in Europe, North America, South America, Australia, Africa and Asia. There is also a sizable number of international students that study in the university for a semester or two. The university's President is Juan José Cruces. History Background and foundation The concept of the new university was developed by the university's first dean, Gerardo della Paolera, and the then Argentine ambassador to the United States, Guido di Tella. They decided to adopt an American university model, and to create a research based university with small class sizes and professors with international studies and recognition. Universidad Torcuato Di Tella was founded in 1991, with the mission of educating new generations of academic, business, social and political leaders. It was founded by the Torcuato di Tella Foundation, making use of the experience and resources of the Torcuato di Tella Institute. The latter, a non-profit institute founded in 1958 to promote research in the scientific, cultural and artistic development of Argentina, became a leading local center for avant-garde art during the 1960s. The establishments' namesake, Torcuato di Tella, had been a leading Argentine industrialist through his Siam di Tella conglomerate founded in 1911. It began offering undergraduate studies in economics in 1992, but has since expanded and started offering undergraduate courses in business economics, political sciences, international studies, law, history, architecture and business administration, as well as numerous graduate degrees. Gerardo della Paolera was president of Universidad Torcuato Di Tella from its foundation until 2001, when he was replaced by the economist Juan Pablo Nicolini. Nicolini was reelected to the presidency in 2005, continued in the position until September 2010, as he was ineligible for reelection to the post due to term limits established by the university's charter. The reputed sociologist and political analyst Manuel Mora y Araujo was designated president in 2009 until his resignation in May 2011 due