The Technical University of Denmark (Danish: Danmarks Tekniske Universitet), often simply referred to as DTU, is a university in Kongens Lyngby, just north of Copenhagen, Denmark. It was founded in 1829 at the initiative of Hans Christian Ørsted as Denmark's first polytechnic, and is today ranked among Europe's leading engineering institutions, and the best engineering university in the Nordic countries. DTU, along with École Polytechnique Fédérale de Lausanne, Eindhoven University of Technology and Technische Universität München, is a member of EuroTech Universities Alliance When the College of Advanced Technology was founded in 1829, Denmark had its first MSc programme in Engineering at a high academic level. The College changed its name to Danish Technical College in 1933 and finally became the Technical University of Denmark (DTU) in 1994. DTU has always had a strong theoretical grounding. H.C. Ørsted, the man who discovered electromagnetism, founded the College in the image of École Polytechnique in France. The objective was to educate young men to work in industry, but in the beginning DTU was not able to teach practice, so the college mainly educated technical teachers.