The University of Graz (German, Karl-Franzens-Universität Graz), a university located in Graz, Austria, is the largest and oldest university in Styria, as well as the second-largest and second-oldest university in Austria.Karl-Franzens-Universität, also referred to as the University of Graz, is the city's oldest university, founded in 1585 by Archduke Charles II of Austria.