Laureate Education, Inc. provides a superior university experience for full-time
and working-adult students worldwide through its leading international network
of accredited campus-based and online universities.
With a presence in 15 countries and serving more than 240,000 students worldwide,
Laureate Education, Inc. is the most profitable, rapidly growing provider of
post-secondary education on an international scale. The Company is dedicated
to helping its students reach their highest potential and supporting their
achievement of personal and professional goals. Laureate brings to its universities
and students a global perspective blended with a local point of view, creating
a truly multicultural, career-oriented educational experience.
Laureate's university network includes 24 accredited institutions in Asia,
Europe, and the Americas. Together, these independently branded universities
offer a broad range of undergraduate, graduate, and vocational-technical programs,
including business, law, education, communications, social sciences, health
sciences, engineering, information technology, hospitality management, humanities
and architecture.
Laureates focus on the expanding, international market for higher education
has resulted in rapid growth and increasing profits. Since it entered the higher
education market in 1998, Laureate has enjoyed substantial growth with revenue
growing to $876 million and operating income expanding to $160 million in 2005.
Laureates growth strategy includes these components:
- Developing existing universities, campuses and markets
- Addressing the unique needs of the different types of post-secondary students,
including traditional full-time students, technical-vocational students,
and working-adult learners
- Entering new, high-growth post-secondary education markets worldwide
- Developing and marketing network products, including study abroad programs,
double- and joint-degree programs, shared content and courseware among the
universities, and international online education programs.
For more detailed information on Laureates business and financial performance
and outlook, see Investor Relations.