The University of Warwick started operating in 1964 with a few graduate students. In October 1965, the university admitted its first batch of 450 undergraduates. In the same year, the university also gained its Royal Charter of Incorporation. Eventually, it has made its place among the top academic institutions in the world. Warwick is a member of the Association of Commonwealth Universities, AACSB, and the Midlands Innovation group, AMBA, the European University Association, EQUIS, Universities UK, and the Russell Group.