August 31, 2016 12:17 PM ET

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Company Overview of Rasmussen College, Inc.

Company Overview

Rasmussen College, Inc. is an educational institution that offers diploma, bachelor, and associate degree programs. It provides courses focusing on business, health sciences, technology and design, education, nursing, and justice studies. The institution was formerly known as Rasmussen Practical School of Business and changed its name to Rasmussen College, Inc. in 1945. Rasmussen College, Inc. was founded in 1900 and is headquartered in Bloomington, Minnesota.

4400 West 78th Street

6th Floor

Bloomington, MN 55345

United States

Founded in 1900





Key Executives for Rasmussen College, Inc.

Vice Chairman and Chief Executive Officer
Age: 48
Chief Financial Officer
Chief Executive Officer of Rasmussen College
Age: 54
President of Rasmussen College
Vice President of Compliance and Financial Services
Compensation as of Fiscal Year 2016.

Rasmussen College, Inc. Key Developments

Rasmussen College Opens New, School of Nursing Facility in Ocala

Rasmussen College announced the opening of its new, School of Nursing facility in Ocala. Construction on the new nursing campus, located at 1227 Southwest 17th Ave., was completed in June. Students began using the new multimillion dollar, 21,000-square-foot facility. The new nursing campus consists of 10 classrooms and simulation labs to help prepare students entering today's complex healthcare environment. The campus also has expanded indoor and outdoor study spaces for faculty, students and community organizations – all equipped with free, high-speed internet. Faculty and students will have access to the following: Two skills labs, each with four patient rooms, manikins and a lecture space, where students learn how to perform specific tasks such as starting an IV or preparing an injection. Two simulation labs, each with four patient rooms and a nurses' station, where students perform learned tasks in a patient care experience. Simulation equipment includes new high-tech manikins and nursing beds that faculty can control in a one-way mirror observation room. Faculty can also record students performing tasks and then play back the video for an advanced learning experience. Four classrooms for lectures and coursework. Two computer rooms. The Ocala School of Nursing is now enrolling students in the following programs for its fall term starting in October: Practical Nursing Diploma: designed to help students launch a career as an LPN and can be completed in as few as 12 months. Associate's Degree in Nursing: accredited by the Accreditation Commission for Education in Nursing (ACEN), this program is the path to a career as a registered nurse. It can be completed in as few as 18 months. Professional Nursing Associate's Degree Mobility Bridge Entrance Option: designed for the current LPN, this degree option provides a pathway to obtaining an RN associate's degree in as few as 12 to 18 months. Bachelor of Science in Nursing (BSN): a fully online program, the RN to BSN Entrance Option is designed for registered nurses who have obtained their RN license through an associate's degree program (or diploma and/or certificate) and are looking to advance their nursing careers through a BSN degree program accredited by the Commission on Collegiate Nursing Education (CCNE). It can be completed in as few as 12 months. The Practical Nursing, Professional Nursing and RN to BSN Entrance Option are also available with Flex Choice. This learning option allows students to take some of their general education courses in a self-paced format and at a more affordable cost. All nursing courses are taught by experienced nurse faculty. Students also have access to a suite of academic and student support services. Along with real-life simulation experiences in nursing labs, students also have access to a variety of clinical opportunities, including externships. Upon graduation, nursing students are prepared for the NCLEX-PN or NCLEX-RN exam.

Rasmussen College Announces Executive Changes, Effective March 30, 2015

Rasmussen College announced Kristi Waite plans to retire as president of the College after serving in the post for 17 years. Waite's retirement will be effective March 30, 2015. Upon her retirement from the presidency, Waite will assume the position of vice chairperson of the Rasmussen College Board of Directors. The College has selected Dr. Trenda Boyum-Breen to assume the presidency on March 30, 2015. Dr. Boyum-Breen joined Rasmussen College in 2012 as chief academic officer. Prior to that position, she served as vice president at Metropolitan State University.

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