Amity University, Noida is a private research university located in Noida, India. It was established in 2005 by an Act of the State Legislature of Uttar Pradesh. The university is recognized by University Grants Commission and accredited by the NAAC with grade ‘A+ It was India’s first private university to implement reservations and merit-based scholarships for students. In 2011, the school was reported to have over 80,000 students across 240 programs. Ashok Chauhan is the president of the Ritnand Balved Education Foundation, Atul Chauhan the chancellor of Amity University and the vice chancellor is Dr. Balvinder Shukla. Aseem Chauhan is the additional president of the foundation. In September 2015, the university signed a memorandum of understanding with the BSE Institute, a subsidiary of the Bombay Stock Exchange, to commence a 2-year distance learning MBA program in global financial markets, that will be open to students and working professionals. In September 2016, the university inaugurated its New York campus by purchasing 170-acre campus of St. John’s University in Oakdale, New York.