▁The ▁office ▁was ▁created ▁by ▁the ▁Michigan ▁Constitution ▁of ▁ 1 8 5 0 , ▁which ▁also ▁specified ▁that ▁the ▁president ▁was ▁to ▁be ▁appointed ▁by ▁the ▁Reg ents ▁of ▁the ▁University ▁of ▁Michigan ▁and ▁pres ide ▁at ▁their ▁meet ings , ▁but ▁without ▁a ▁vote . ▁Today , ▁the ▁president ' s ▁office ▁is ▁at ▁the ▁Ann ▁Ar bor ▁campus , ▁and ▁the ▁president ▁has ▁the ▁privile ge ▁of ▁living ▁in ▁the ▁President ' s ▁House , ▁the ▁university ' s ▁oldest ▁building , ▁located ▁on ▁Central ▁Camp us ▁in ▁Ann ▁Ar bor . ▁Mark ▁Schl iss el ▁is ▁the ▁ 1 4 th ▁and ▁current ▁president ▁of ▁the ▁university ▁and ▁has ▁served ▁since ▁July ▁ 2 0 1 4 . ▁ ▁There ▁are ▁th ir teen ▁under grad uate ▁schools ▁and ▁colleg es . ▁By ▁en roll ment , ▁the ▁three ▁largest ▁under grad uate ▁units ▁are ▁the ▁College ▁of ▁Liter ature , ▁Science , ▁and ▁the ▁Arts , ▁the ▁College ▁of ▁Engineering , ▁and ▁the ▁Ross ▁School ▁of ▁Business . ▁At ▁the ▁gradu ate ▁level , ▁the ▁R ack ham ▁Gr adu ate ▁School ▁serves ▁as ▁the ▁central ▁administrative ▁unit ▁of ▁gradu ate ▁education ▁at ▁the ▁university . ▁There ▁are ▁ 1 8 ▁gradu ate ▁schools ▁and ▁colleg es , ▁the ▁largest ▁of ▁which ▁are ▁the ▁College ▁of ▁Liter ature , ▁Science , ▁and ▁the ▁Arts , ▁the ▁College ▁of ▁Engineering , ▁the ▁Law ▁School , ▁and ▁the ▁Ross ▁School ▁of ▁Business . ▁Professional ▁degrees ▁are ▁con ferred ▁by ▁the