Underwood International College, Yonsei University was founded in 2006 as a constituent college of Yonsei University. Based in Seoul and Incheon, South Korea. The college is the first and only liberal arts college in the Republic of Korea, and the only college at Yonsei University to conduct and assess all classes in English. It has small classes taught by approximately 100 Korean and international faculty, many who hold undergraduate and/or graduate degrees from prestigious western institutions, such as Ivy League and Oxbridge universities. For the Class of 2020, the college received 2,637 applications for 416 student places across three academic divisions — an acceptance rate of 15.78%. The number of applications and student spots have continued to rise steadily since 2015.