The University of Stirling is a UK research intensive campus university founded by Royal charter in 1967. It is a plate glass university located in the Central Belt of Scotland, built within the walled Airthrey Castle estate. Since its foundation, it has expanded to have four Faculties, a Business School, a Graduate School and a number of Institutes and Centres covering a broad range of subjects. It is ranked among the top 50 universities in the world that are under 50 years old by the Times Higher Education World University Rankings and among the top 40 in the UK in the complete university guide. In the 2014 assessment of research in the UK, the Research Excellence Framework, it was ranked 5th in Scotland and 40th in the UK for research intensity. In graduate employment prospects Stirling ranks 7th in the UK in the UK in 2015 and 3rd in 2016.