The University of Sydney, founded in 1850, is located in Sydney, the capital of New South Wales, Australia. It is a research-oriented university and a member of Sandstone University, Australia's Eight-University Alliance, Pacific Rim University Alliance, Commonwealth University Association, Global University Artificial Intelligence Academic Alliance, International Alliance for New Engineering Education, and Asia-Pacific International Trade Education and Research Alliance. It is also a member of AACSB, AMBA and EQUIS accredited universities and a member of the European Global Management Education Alliance CEMS (only one university in each country is selected).The University of Sydney focuses on the combination of theory and practice. Education, law, medicine, accounting and finance, politics and international studies, architecture, music, literature, linguistics, pharmacy and pharmacology, and nursing are among the top 20 in the world in 2019QS. The University of Sydney is Australia's oldest and most prestigious university, known as "Australia's first school", a five-star university in Australia, and one of the most respected institutions of higher learning in the world. From 1881, the University of Sydney began to admit women, becoming one of the first institutions in the world to allow women to teach, at least a decade earlier than Oxford or Cambridge.