Reykjavík University (Icelandic: Háskólinn í Reykjavík), also known as RU, is the largest private university in Iceland with more than 3,500 studentsand over 500 employees (professors come from over 26 countries). It is chartered by the Chamber of Commerce, the Federation of Icelandic Industries, and the Confederation of Icelandic Employers. The university became fully bilingual (English and Icelandic) by the beginning of 2010, and it consists of four academic schools: School of Law, School of Business, School of Computer Science and the School of Science and Engineering. The university's Executive MBA program was awarded 5-year accreditation by the London-based international accreditation organisation Association of MBAs (AMBA) in October 2011.