UT was founded in 1957 as the State University of Tirana (Universiteti Shtetëror i Tiranës) through the merging of five existing institutes of higher education, the most important of which was the Institute of Sciences, founded in 1947. Between April 13, 1985 and 1992 (during the communist regime), UT was called the Enver Hoxha University of Tirana (Universiteti i Tiranës "Enver Hoxha").
Tirana became Albania’s capital city in 1920. The population of the city proper at the 2015 census was 610,070 and the municipality of Tirana, created in 2015, has a total population of 800,986 (2015 census).
The city is host to many public institutions and public and private universities, and is the centre of the political, economic, and cultural life of the country.
The Municipality of Tirana is located at (41.33°N, 19.82°E) in Tirana County, about 32 kilometers (20mi) inland. Tirana's average altitude is 110 meters (360ft)above sea level and its highest point measures 1,828m (5,997.38ft) at Mali me Gropa. The city is mostly surrounded by hills, with Dajti Mountain on the east and a slight valley opening on the north-west overlooking the Adriatic Sea in the distance. The Tiranë river runs through the city, as does the Lanë stream.
The city has four artificial lakes: the Tirana Artificial Lake around which was built the Big Park, Paskuqani Lake, Farka Lake, Tufina Lake, and other smaller lakes or reservoirs.
Distinguished members of the faculty, ...Today, you, your families and your professors at the Faculty of Economics have earned the right to proud for this milestone achievement. I take this opportunity to extend my most sincere congratulations to all of you for the successful completion of your university studies ... It is part of the journey.