McMaster is a publicly funded research university, and a member of the Universities Canada. McMaster functions on a semester system, operating year-round on academic semesters, fall/winter and spring/summer. In the 2016–2017 academic year, the university had an enrolment of 31,265 students; 26,780 undergraduate students, 4,485 graduate students. Programs, departments, and schools at McMaster are divided among six faculties, the DeGroote School of Business, the Faculty of Health Sciences, the Faculty of Humanities, the Faculty of Engineering, the Faculty of Science, and the Faculty of Social Sciences.