Yeungnam University is a private research university located in the province of North Gyeongsang established in 1947. It has repeatedly ranked as the top university in Korea when it comes to the rate of students passing the bar exam, sixth in the number of alumni working as CEOs of Korea's top 100 companies and 6th for the number of alumni working as CEOs at companies listed on the secondary Kosdaq market. Yeungnam boasts a unique professional education and research institution called the Park Chung Hee School of Policy and Saemaul (PSPS), which aims to promote the development of self-supporting competence and people’s capacity for building developing countries through the Self Development Assistance (SDA) model. The Saemaul, or New Village Movement, was a community-driven development project that transformed Korea from a war-ravaged state into an economic powerhouse during the 1970s under the Park Chung Hee regime. The PSPS has so far admitted 762 students from 70 countries and turned out 682 graduates.