Sciences (HAS). In 1939 an independent Royal Horticultural Academy was launched. It included three departments: agriculture, horticulture and landscape architecture. The latter was one of a kind in Hungary at the time. In 2004, the university received its present name. The name the Corvinus University of Budapest refers to the name of Corvinae (codices). Bibliotheca Corviniana was one of the most renowned libraries of the Renaissance world, established in the 15th century by King Matthias Corvinus of Hungary. The Faculty of Public Administration was appended to the newly formed National University of Public Service on January 1, 2012. From 2013 Corvinus University of Budapest offered a Summer School program. In February 2019, the government announced that it would place Corvinus University under the newly created Maecenas Universitatis Corvini Foundation from July 2019. The foundation will be allocated 10% of the government's stake in MOL and Gedeon Richter worth HUF 380 billion at the time, with the operational expenses to be paid with the dividends from these companies. For all intents and purposes, the university will become independent of the government. The new appointed rector became Előd Takáts on 1 August 2021, parallel with the change of control of the university, replacing András Lánczi after his six-year term. Faculties and training programmes At the Corvinus University, 11,500 students are enrolled in bachelor's, master's, single-cycle, postgraduate specialisation and doctoral programmes. The teaching activities previously organised under the faculties have been restructured for the 2019/20 academic year and have become institutionalised. Under the direction of the institutes, training is divided into departments. Institute of Economics and Public Policy Institute of Informatics Institute of Economics Institute of Communication and Sociology Institute of Marketing Institute of Mathematics and Statistical Modelling MNB Institute Institute of International, Political and Regional Studies Institute of Finance, Accounting and Business Law Institute of Business Economics Institute for the Development of Enterprises Institute of Management Setting and architecture The university is in an urban setting. The faculties operate in multiple buildings that stand in the city centre of Budapest. The university's main building – now part of the UNESCO Heritage Site – is located in Pest on the left bank of the Danube, next to the Great Market Hall and facing the Budapest University of Technology and Economics on the river's other bank. The main building was planned by Miklós Ybl as the Main Customs Office in Neo-Renaissance style. It was