The university was established following an agreement signed with the presence of President François Mitterrand of France and President Turgut Özal of Turkey 1992.
The main administrative building of Galatasaray University burnt on the 22ed of January 2013. It is unusable and in a very bad condition.
Galatasaray University is the only Francophone University in Turkey. The establishment has 5 faculties (Economic and Administrative Sciences, Law, Communications, Natural Sciences and Literature, Engineering and Technology), 2 institutes (Social Sciences, Applied Sciences).
The reasons of the Fire are still investigated. On Social media people were immediately speculating about malicious arson. The government recently decided about the possibilities to open public buildings for commercial usage in Tourism. But that doesn’t really prove that anyone wants to destroy a valuable 19th century buildung on the banks of the Bosphorus, like the parking placa mafia in Güneri İçoğlus Comic “Gönül adam Yekta”.