Wake Forest University (Wake Forest University (Wake Forest University) is a leading private research university in the American South, founded in 1834 and located in Winston-Salem, North Carolina.) Wake Forest has one of the nation's most prestigious master's programs in accounting and one of the nation's leading business schools in terms of teaching quality. It is tied for 23rd place in the 2014 USNEWS rankings of comprehensive U.S. universities, along with , , and .