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The University of Duisburg-Essen is a product of a recent merger between a university in Duisburg and a university in Essen in 2003; however, the roots of an academic institution in this area go back to the sixteenth century. With 100 programs in 11 faculties, this German university educates about 32,000 students a year with almost 4,000 of those in graduate programmes and almost 2,000 in doctoral programmes. The university receives about €346 million in funding from the government of which about a third is directed to the Faculty of Medicine. The University of Duisburg-Essen has joined the Erasmus Programme to provide its students with exchange opportunities in Europe. Since 2007, the University of Duisburg-Essen together with Bochum and Dortmund universities formed the University Alliance Metropolis Ruhr.