Career Education Corporation operates colleges, schools, and universities that offer education in various career-oriented disciplines through online, on-ground, and hybrid learning program offerings worldwide. The company has approximately 90 campuses that serve these students in the United States and France, the United Kingdom, and Monaco, and offers doctoral, master’s, bachelor’s, and associate degrees and diploma and certificate programs. Its student population for its continuing operations was approximately 76,000 students as of December 31, 2012. Strategic Business Units The company operates through four strategic business units: University Schools, Career Schools, International, and Transitional Schools. University Schools Colorado Technical University schools collectively offer academic programs in the career-oriented disciplines of business studies, information systems and technologies, criminal justice, computer science and engineering, and health sciences in an online, classroom, or laboratory setting. American InterContinental University schools collectively offer academic programs in the career-oriented disciplines of business studies, information technologies, criminal justice, and design technologies in an online, classroom, or laboratory setting. Career Schools Health Education includes the company’s Sanford-Brown schools, along with Brown College; Briarcliffe College, Inc.; and Missouri College. These schools collectively offer academic programs in the career-oriented disciplines of health education, complemented by certain programs in business studies and information technology in a classroom, laboratory, or online setting. Culinary Arts includes the company’s Le Cordon Bleu, Inc. schools in North America that collectively offer hands-on programs in the career-oriented disciplines of culinary arts and patisserie and baking in the commercial kitchens of Le Cordon Bleu, Inc.; and advanced degree programs in culinary arts and hotel and restaurant management online. Design & Technology includes International Academy of Design & Technology, Harrington College of Design, and Brooks Institute schools. These schools collectively offer academic programs primarily in the career-oriented disciplines of fashion design, game design, graphic design, interior design, film and video production, photography and visual communications in a classroom, laboratory or online setting, as well as jobs training in the field of energy conservation. International International includes the company’s INSEEC Group schools and International University of Monaco school, which are located in France, the United Kingdom, and Monaco. These schools collectively offer academic programs in the career-oriented disciplines of business studies, health education, advertising, communications and technologies and luxury goods and services in a classroom or laboratory setting. Transitional Schools Transitional Schools includes the company’s campuses that are being taught out. Business Strategy The company’s business strategy includes providing educational opportunities responsive to the needs of the marketplace; simplifying the organization; and differentiating for advantage. Competition The company’s primary competitors in the publicly traded, proprietary postsecondary education industry include Apollo Group; Bridgepoint Education, Inc.; Capella Education Company; Corinthian Colleges, Inc.; DeVry Inc.; Education Management Corporation; Grand Canyon Education, Inc.; ITT Educational Services; Kaplan (a division of the Washington Post Company); and Strayer Education. History Career Education Corporation was founded in 1994. The company was incorporated in 1994.
career education corp
(CE1:Berlin Stock Exchange)
231 North Martingale Road
Schaumburg, IL 60173
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|Price/Cash Flow||NM||Not Meaningful|
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