Devry

Operates for-profit undergraduate and graduate degree programs.

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Headquarters:
3005 Highland Parkway
Downers Grove, IL 60515
Employees: 9,833
CEO: Daniel Hamburger
Stock Symbol: DV

Website: http://www.devryeducationgroup.com

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DeVry is the parent organization of American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, Ross University School of Medicine and Ross University School of Veterinary Medicine.

Devry's institutions offer a wide array of programs in business, healthcare and technology. It serves students in secondary through postsecondary education as well as professionals in accounting and finance.

In fall 2012, nearly 80,000 students were enrolled in Devry programs.

These are the educational institutions of DeVry:

DeVry University, founded by Dr. Herman DeVry in 1931, provides high-quality, career-oriented associate, bachelor’s and master’s degree programs in technology; science; business; and the arts. DeVry University is one of the largest private, degreegranting, regionally accredited, higher education systems in North America. Undergraduate and graduate degree programs are offered in the United States, Canada and online. Graduate degree programs in management are offered through DeVry University’s Keller Graduate School of Management. DeVry University comprises DeVry’s Business, Technology and Management segment.

Ross University School of Medicine, which was founded in 1978, is one of the world’s largest providers of medical education. Ross University School of Medicine is located in the Caribbean country of Dominica with a location in Freeport, Grand Bahama.

Ross University School of Veterinary Medicine, which was founded in 1982, is located in St. Kitts. DeVry acquired the parent organization of Ross University School of Medicine and Ross University School of Veterinary Medicine in May 2003.

Chamberlain College of Nursing, formerly Deaconess College of Nursing, was founded in 1889 and acquired by DeVry in March 2005. Chamberlain offers associate, bachelor’s, master’s and degree completion programs in nursing at its ten campuses in the United States and online.

Carrington College, formerly Apollo College was founded in 1976, and prepares students for careers in healthcare through certificate and associate and degree programs.

Carrington College of California, formerly Western Career College was founded in 1967, and prepares students for careers in healthcare, business and technology through certificate, associate and bachelor’s degree programs. DeVry acquired the parent organization of Carrington College and Carrington College of California in September 2008.

American University of the Caribbean, which was founded in 1978, provides its students with high quality medical education. American University of the Caribbean’s medical school is located in the country of St. Maarten. DeVry acquired American University of the Caribbean on August 3, 2011. Ross University, Chamberlain, Carrington, and American University of the Caribbean comprise DeVry’s Medical and Healthcare segment.

DeVry Brasil, based in Fortaleza, Ceará, Brazil, is comprised of three colleges: Fanor, Ruy Barbosa and ÁREA1. These institutions operate five campus locations in the cities of Salvador and Fortaleza, and offer undergraduate and graduate programs focused in business management, law and engineering. DeVry acquired a majority ownership in these schools on April 1, 2009.

Becker Professional Education, founded in 1957 as the Becker CPA review and acquired by DeVry in 1996, prepares candidates for the Certified Public Accountant (“CPA”) examination, Chartered Financial Analyst (“CFA”) professional certification examinations, and the Project Management Professional (“PMP”) certification examination. It also offers continuing professional education programs and seminars in accounting and finance. Classes are taught in nearly 300 locations, including sites in 40 foreign countries and DeVry University teaching sites. On April 30, 2011, Becker Professional Education completed the acquisition of ATC International, a leading provider of professional accounting and finance training from centers in Central and Eastern Europe as well as Central Asia. ATC International provides training for professional designations such as ACCA (Association of Chartered Certified Accountants), CIMA (Chartered Institute of Management Accountants) and the Diploma in International Financial Reporting. DeVry Brasil, Advanced Academics and Becker Professional Education comprise DeVry’s International, K-12 and Professional Educational segment.

In fiscal 2013, Devry revenues totaled $1.96 billion, down from $2.0 billion, and net income of $106.7 million.

History

DeVry Inc. was created in 1987 through the merger of DeVry Institutes and Keller Graduate School of Management, which comprise the company's largest division, DeVry University. The company completed its initial public offering in June 1991, and now trades on the New York Stock Exchange under the symbol DV. Becker CPA Review, now the Becker Professional Review division of DeVry Inc., was acquired in 1996, and Ross University was acquired in 2003.

DeVry's historical roots trace back to 1931, when Dr. Herman DeVry established DeForest Training School in Chicago to prepare students for technical work in electronics, motion pictures, radio and later, television. The name was changed to DeVry Technical Institute in 1953, and then became DeVry Institute of Technology in 1968.

Updated April 18, 2014