It plans to recruit around 200 Master and PhD level students annually, from both Koreas, and with half of faculty hired from universities and research institutes abroad. At this university, courses will be taught in Korean and English. In addition, the Pyongyang Business School offers short courses given by foreign lecturers.[11] It was founded by the Swiss government and helps teach students business management.[12] Another economic educational institution is the Centre for the Study of the Capitalist System, established in 2000.[13]