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Konya Chamber of Commerce (KTO) Karatay University holds the distinction of being Turkey's first foundation university. Established by Law No. 5913 published in the Official Gazette No. 27281 on 07/07/2009, it takes its name from Karatay Medrese, the first Foundation Higher Education Institution in Anatolia, and Konya Chamber of Commerce. The university, which admitted its first students in the 2010-2011 academic year, graduated its first students in June 2013.
Today, it offers education to more than 9,000 students in 6 faculties, 2 vocational schools, 3 vocational schools, and 1 institute. It has a total area of 532,629 m², with 97,553 m² closed and 435,076 m² open area. According to the 2021 Evaluation Report of Foundation Higher Education Institutions, it ranks 9th among 77 foundation higher education institutions in terms of total area size.
KTO Karatay University aims to shape the future of humanity with a sense of historical responsibility. It aims to train individuals based on strong theoretical and practical knowledge that will benefit society nationally and internationally. It focuses on finding solutions to the problems of the industry and trade sector in its region, particularly. Its vision is to become a globally recognized university by the 800th anniversary of Karatay Medrese's founding in 2051.
Giving great importance to research activities, the university produces qualified studies taking into account the economic, cultural, and social structure. It ranks 5th among 68 foundation universities in R&D expenditures. In terms of graduate employment ranking, it ranks 15th among 153 universities in Turkey. And in the ranking of employees working in jobs suitable for their qualifications, it ranks 26th.
KTO Karatay University houses many faculties, schools, vocational schools, institutes, and research centers. Among these centers are important units such as the Turkish Language Teaching Practice and Research Center, Seljuk Culture and History Research and Application Center, Child Education Practice and Research Center, Leadership and Entrepreneurship Practice and Research Center, Aviation and Economic Enterprise. These centers conduct various scientific research, organize educational programs, and provide consultancy services.