DeVry Education Group is headquartered in Downers Grove, Illinois, and Daniel Hamburger is the company's CEO. DeVry University is regionally accredited by the North Central Association of Colleges and Schools.
History
DeVry was founded in 1931 as DeForest Training School in Chicago, Illinois.[4] School founder Herman A DeVry, who had previously invented a motion picture projector and produced educational and training films, named the school after his friend Lee de Forest.[4] De Forest Training School originally taught movie projector and radio repair, but later expanded to other electronic equipment such as televisions.[4] The school was renamed to DeVry Technical Institute in 1953 and gained accreditation to confer associate's degrees in electronics in 1957.
Bell & Howell completed its acquisition of DeVry Technical Institute in 1967. A year later, the company acquired the Ohio Institute of Technology and DeVry was renamed DeVry Institute of Technology. DeVry was accredited to confer bachelor’s degrees in electronics in 1969.
Keller Graduate School of Management
Dennis Keller and Ronald Taylor met one another in the early 1970s when the two were teachers at DeVry. Keller and Taylor learned the economics of for-profit education while at DeVry and, in 1973, the two founded the Keller Graduate School of Management with $150,000 in loans from friends and family.The school was originally conceived as a day school that granted certificates. The Keller School later switched to an evening program focused on working adults and was offering MBAs by 1976. The school was fully accredited by the North Central Association of Colleges and Schools in 1977, the first for-profit school to be accredited by the body.DeVry first received full accreditation in 1981. The Keller Graduate School of Management acquired DeVry from Bell & Howell in 1987. The leveraged buyout was worth $147.4 million. The two schools were combined as DeVry Inc. with Keller acting as chairman and CEO and Taylor president and COO.
DeVry Education Group
DeVry Inc. successfully completed its initial public offering in June 1991. The university acquired Becker CPA Review, a firm that prepared students for the Uniform Certified Public Accountant Examination, in 1996. DeVry acquired Ross University, a medical and veterinary school based in the Caribbean, for $310 million in 2003. The university moved into the nursing field in 2005 with the acquisition of Deaconess College of Nursing, a St. Louis, Missouri-based nursing college that conferred both associate's and bachelor's degress in nursing. Deaconess College of Nursing was later renamed Chamberlain College of Nursing.DeVry Inc. entered Brazil with its 2009 acquisition of Fanor, Ruy Barbosa and ÁREA1, which are universities located in Northeast Brazil.[3] In 2012, the university acquired Faculdade Boa Viagem and Faculdade do Vale do Ipojuca.[3] DeVry acquired a sixth Brazilian university, Faculdade Differencial Integral, in 2013.[3] DeVry Inc. was renamed DeVry Education Group later that year.
Locations
As of 2014, DeVry University had approximately 90 locations across 25 states in the United States. The university's collective size is over 3 million square feet.Academics
DeVry University's academic offerings are organized into 5 colleges: The College of Business & Management, which includes Keller Graduate School of Management; The College of Engineering & Information Sciences; The College of Health Sciences; The College of Liberal Arts & Sciences, which includes the School of Education; and The College of Media Arts & Technology.[3] Each college offers associate's, bachelor's and master's degree programs. DeVry University also offers graduate certificates.DeVry operates on a uniform academic calendar for both undergraduate and graduate degree programs. The university's academic calendar consists of six eight-week sessions.[3] Most degree programs are offered at both the associate's and bachelor's level. In addition, the institution offers various certificate programs in specific subfields such as information technology.
The Keller Graduate School of Management offers the following masters degree programs:
- Business Administration (MBA)
- Accounting (MSAC)
- Accounting & Financial Management (MAFM)
- Human Resources Management (MHRM)
- Information Systems Management (MISM)
- Network & Communications Management (MNCM)
- Project Management (MPM)
- Public Administration (MPA)
Courses and programs are also offered online. DeVry has offered graduate classes online since 1998 and undergraduate classes since 2001.
DeVry is regionally accredited by the Higher Learning Commission of the North Central Association.Engineering technology programs are accredited on campus-by-campus.
Student life
As of 2012, DeVry had a total undergraduate enrollment of 59,474, 55.5% of which were male.56% of DeVry students pursue bachelor's degrees. 76% of DeVry students are 25 years old or older and 46% of students are minorities.
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