Lund University, located in Lund, the southernmost part of Sweden, is a public university in Sweden and one of Sweden's most prestigious and Scandinavian institutions of higher education. As the world's highest ranked university in Sweden, Europe's top university, often ranked in the top 100 of the world's outstanding universities. Lund University was founded in 1666 and is the second oldest university in Sweden. Lund University has eight faculties, including Faculty of Engineering, Faculty of Science, Faculty of Law, Faculty of Social Sciences, Faculty of Medicine, Faculty of Humanities and Theology, Faculty of Economics and Management and Faculty of Arts, Music and Drama, offering a wealth of undergraduate and graduate programs. The academic tradition of Lund University dates back to the Middle Ages and has developed to this day, with Lund University leading both domestically and internationally. Every year, Nobel laureates speak at Lund University.