Laureate Education, Inc. and subsidiaries (Laureate) provide higher education programs and services to students through a portfolio of degree-granting higher education institutions in Mexico and Peru. Laureate's programs are provided through institutions that are campus-based and through electronically distributed educational programs (online).
The company operates a portfolio of degree-granting higher education institutions in Mexico and Peru. These institutions, which it collectively refers t...
Laureate Education, Inc. and subsidiaries (Laureate) provide higher education programs and services to students through a portfolio of degree-granting higher education institutions in Mexico and Peru. Laureate's programs are provided through institutions that are campus-based and through electronically distributed educational programs (online).
The company operates a portfolio of degree-granting higher education institutions in Mexico and Peru. These institutions, which it collectively refers to as the Laureate International Universities network, are leading brands in their respective markets and offer a broad range of undergraduate and graduate degrees through campus-based, online and hybrid programs. Collectively, the company has approximately 472,000 students enrolled at five institutions with over 50 campuses as of December 31, 2024.
The company’s institutions in Mexico and Peru operate within scaled country networks, which provide advantages in terms of shared infrastructure, technology, curricula and operational best practices. Its students are enrolled at traditional, campus-based institutions offering multi-year degrees, with an average program length of four years, similar to leading private and public higher education institutions in developed markets, such as the United States and Europe.
The company’s programs are designed with a distinct emphasis on applied, professional-oriented content for growing career fields and are focused on academic disciplines that offer strong employment opportunities and high earnings potential for its students. The company continually and proactively adapts its curriculum to the needs of the market. In particular, the company emphasizes science, technology, engineering and math (STEM) and business disciplines, areas in which there is large and growing demand, especially in developing countries. Students pursuing degrees in Medicine & Health Sciences, Engineering & Information Technology and Business & Management, its three largest disciplines, constitute approximately 70% of the company’s total post-secondary enrollments.
The company’s institutions in Mexico and Peru offer traditional higher education students a private education alternative, with multiple brands and price points in each market and innovative programs and strong career-driven outcomes. Additionally, through targeted programs and multiple teaching modalities, it is able to serve the differentiated needs of non-traditional students in these markets.
Strategy
The company’s strategies include the integration of campus-based operations in Mexico and Peru; leveraging and expanding existing portfolio (adding new programs and course offerings, expanding target student demographics, and increasing capacity at existing and new campus locations); and expanding online and hybrid education programs.
The company’s strategy for the online opportunity includes the following components:
Hybrid Online Programs. Traditional 18-24 year old students attending campus-based institutions are increasingly seeking digital learning experiences that are blended with in-person learning. The company provides those students with a hybrid learning experience, mixing face-to-face classroom experience with technology through its online platform, which improves the student experience by providing them with a wide range of online courses, interactive discussions, virtual experiences, digital resources, and simulations that enhance their learning experiences both within and outside the classroom.
Fully Online Programs. Many students require flexible learning modules to accommodate work and personal responsibilities. Often, these students are working adults who are looking to either complete an undergraduate or post-graduate degree, or who want to gain a credential to accelerate or change careers. The company’s fully online programs provide students with a high-quality curriculum experience to achieve their goals.
Segments and Institutions
Laureate offers its educational services through two reportable segments: Mexico and Peru.
The company’s segments generate revenues by providing an education that emphasizes profession-oriented fields of study with undergraduate and graduate degrees in a wide range of disciplines. Its educational offerings utilize campus-based, online and hybrid (a combination of online and in-classroom) courses and programs to deliver their curriculum.
Essentially all of the company’s revenues were generated from private pay sources as there are no material government-sponsored loan programs in Mexico or Peru. Specifics related to both of its reportable segments are discussed below:
Private education providers in Mexico constitute approximately 39% of the total higher-education market. The private sector plays a meaningful role in higher education, bridging supply and demand imbalances created by a lack of capacity at public universities. Laureate owns two nationally licensed institutions and is present throughout the country with a footprint of over 30 campuses. Students in the company’s Mexican institutions typically finance their own education.
In Peru, private universities are increasingly providing the capacity to meet growing demand and constitute approximately 76% of the total higher-education market. Laureate owns three institutions in Peru, with a footprint of 19 campuses.
The company’s Corporate segment provides financial, human resource, information technology, insurance, legal and tax compliance services.
Intellectual Property
The company owns, or has filed applications for, trademark registrations for the word ‘Laureate’, for ‘Laureate International Universities’ and for the Laureate leaf logo in the trademark offices of all jurisdictions in which it operates institutions of higher learning. The company has also registered or filed applications in the applicable jurisdictions in which it operates for the trademarks ‘Laureate Online International’ and ‘Laureate Online Education’.
History
The company was founded in 1989. It was incorporated in 2015. The company was formerly known as Sylvan Learning Systems, Inc. and changed its name to Laureate Education, Inc. in 2004.