The University is one of the Economic Buildings. It is used to research, which is crucial to furthering one's empire.
- In game quote:It is normal for any lord to surround himself with wise and educated men. After all your loyal humble subjects need guidance in their lives to avoid them turning away from the civilized behavior and descending into uncontrollable rabble of barbaric nature that has the nasty habit of beheading their Emperors. Where can we find such people? In the University, of course! This is the place where the brightest minds of your realm work day and night to achieve technical supremacy for lord and country. The University helps discover the secrets of complicated advances much faster, and more importantly - cheaper, to make them a bit more affordable.
-Necessary to research other technologies.
-Decreases the time for research by 0.45 times for Version 4 realms and by 0.25 times for all other Versions.
-Decreases the price for research by 0.02 times for Version 4 realms and by 0.05 times for all other Versions*.* The formula to calculate the decrease in price is: (Base price of the technology)/(1+coefficient*whatever university level you have).