The Singapore Management University has the distinction of being the Republic's first private university funded by the Government of Singapore. Currently occupying the historic Bukit Timah campus, SMU will set up a permanent campus in Bras Basah to be completed in 2005. Modeled after the Wharton School of Business at the University of Pennsylvania, SMU has developed a world-class curriculum offering undergraduate and graduate programmes in the Schools of Business, Accountancy, and Economics and Social Sciences. SMU has also established close links with universities in the Asia Pacific region, particularly those in mainland China.