The world's first University was established in Takshila or Taxila or Takshashila (now in Pakistan) in 700BC. This centre of learning was situated about 50 km west of Rawalpindi in Pakistan. It was an important Vedic/Hindu and Buddhist center of learning. It was not a well organized university like Nalanda.
There is some disagreement about whether Takshashila can be considered a university. While some consider Taxila to be an early university or centre of higher education, others do not consider it a university in the modern sense.
More than 10,500 students from all over the world studied here. The campus accommodated students who came from as far as Babylonia, Greece, Arabia and China and offered over sixty different courses in various field such as science, mathematics, medicine, politics, warfare , astrology, astronomy, music, religion, and philosophy. Generally, a student entered Takshashila at the age of sixteen. Students would come to Takshila and take up education in their chosen subject with their teacher directly.
They were supposed to pay for their expenses. However, if a student was unable to pay then he could work for his teacher. The Vedas and the Eighteen Arts, which included skills such as archery, hunting, and elephant lore, were taught, in addition to its law school, medical school, and school of military science.
Takshila was specialized in the study of medicine.
Panini, the famous Sanskrit grammarian, Kautilya (Chanakya) and Charaka, the famous physician of ancient India, and Chandragupta Maurya were the products of this university. It gained its importance again during the reign of Kanishka. It was probably, the earliest of the ancient seats of higher education. Takshashila is perhaps best known because of its association with Chanakya. The famous treatise Arthashastra (Sanskrit for The knowledge of Economics) by Chanakya, is said to have been composed in Takshashila itself.
Taxila has been listed by the UNESCO as one of the World Heritage Sites.