The University of Winnipeg (UWinnipeg) is a public university in Winnipeg, Manitoba, Canada that offers undergraduate faculties of art, business and economics, education, science and kinesiology and applied health as well as graduate programs. UWinnipeg's founding colleges were Manitoba College and Wesley College, which merged to form United College in 1938. The University of Winnipeg was established in 1967 when United College received its charter. The governance was modeled on the provincial University of Toronto Act of 1906 which established a bicameral system of university government consisting of a senate (faculty), responsible for academic policy, and a board of governors (citizens) exercising exclusive control over financial policy and having formal authority in all other matters. The president, appointed by the board, was a link between the bodies to perform institutional leadership.