The Budapest University of Technology and Economics (Hungarian: Budapesti Műszaki és Gazdaságtudományi Egyetem or in short Műegyetem), official abbreviation BME, is the most significant University of Technology in Hungary and is considered the world's oldest Institute of Technology which has university rank and structure. It was the first institute in Europe to train engineers at university level. It was founded in 1782.
On October 22 1956 - one day before the Revolution - Technical University students established the "Association of Hungarian University and College Students" (MEFESZ), expressed their famous 16 claims and organised a rally to the Józef Bem statue of Budapest to pledge solidarity with the Polish demonstrators.
More information on the Wikipedia page .