Eight members of the American Academy of Arts and Sciences and a former Cornell University president are among the faculty members scheduled to teach at New York University's Shanghai campus starting in September.

NYU Shanghai, the first joint Chinese-US educational institution to receive approval from China's Ministry of Education, is an example of international cooperation in higher education. Its first group of 200 to 300 undergraduates will be enrolled for the inaugural 2013-14 academic year.

"NYU Shanghai aims to become a world-class research university," said Yu Lizhong, chancellor of the campus. "To achieve this goal, we need to attract the best faculty, enroll the most talented students and create the best educational environment." So far, more than 20 faculty members, including many from NYU's main campus in Manhattan, have been designated to teach in Shanghai for the 2013-14 academic year.