The University of Edinburgh, founded in 1583, is the sixth-oldest university in the English-speaking world and one of Scotland's ancient universities. The university is deeply embedded in the fabric of the city, with many of the buildings in the historic Old Town belonging to the university.
The University of Edinburgh is ranked 17th in the world by the 2013 QS rankings. It is ranked 11th in the world in arts and humanities by the 2012–13 Times Higher Education Ranking. It is ranked the 15th most employable university in the world by the 2013 Global Employability University Ranking. It is a member of both the Russell Group, and the League of European Research Universities, a consortium of 21 research universities in Europe. It has the third largest endowment of any university in the United Kingdom, after the universities of Cambridge and Oxford.