Education Management October 2014 Student Enrollment

Transcription

1 Education Management October 2014 Student Enrollment January 2015 John Iannone Director of Investor Relations ( ) 0

2 Safe Harbor Statement This presentation may include information that could constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of These statements typically contain words such as anticipates, believes, estimates, expects, intends or similar words indicating that future outcomes are not known with certainty and are subject to risk factors that could cause these outcomes to differ significantly from those projected. Forward-looking statements include, but are not limited to, statements related to the Company s future operating and financial performance, and include statements regarding expected enrollment, revenue, expense levels, capital expenditures and earnings. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Some of the factors that could cause actual results to differ materially include, but are not limited to: our failure to complete our financial restructuring; the ability to realize the anticipated benefits of the financial restructuring; changes in the overall U.S. or global economy; changes in enrollment or student mix; student retention; our ability to maintain eligibility to participate in Title IV programs; changes in government spending; increased or unanticipated legal and regulatory costs; changes in accreditation standards; the implementation of new operating procedures for our fully online programs; government and regulatory changes including revised interpretations of regulatory requirements that affect the postsecondary education industry; the impact of the gainful employment regulation promulgated by the U.S. Department of Education which becomes effective July 1, 2015; and other factors discussed in our filings with the Securities and Exchange Commission, including those identified in the Risk Factors section of our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Past results of Education Management are not necessarily indicative of its future results. Education Management does not undertake any obligation to update any forward-looking statements, except as required by securities laws. 1

3 Who We Are One of the largest and most diverse providers of proprietary post-secondary education in the United States 40+ years of operating history 110 locations 112,430 students Diverse operating model with access to a broad addressable market Four respected and unique education systems Capability to serve nearly every segment of the addressable market Multiple learning modalities Commitment to academic quality and student achievement Note: Diversified curriculum Faculty with real-world experience Student-centric model More than 410,000 alumni 110 locations as of 1/27/2015 Enrollment Across Four Unique Education Systems Data as of October 2014 (percentage of enrollment) South University 17% Brown Mackie College 13% Argosy University 20% Broad, National Footprint The Art Institutes (51) Argosy University (20) Brown Mackie Colleges (28) South University (11) The Art Institutes 50% Alumni count through September Enrollment data reflects October 2014 starting student body and includes enrollment in fully-online programs. Argosy University includes Western State College of Law. From a regulatory perspective, The Art Institute of Dallas, The Art Institute of Ft. Worth, The Art Institute of Charlotte, and The Art Institute of Raleigh Durham are part of South University; and Western State College of Law and the eight campuses of The Art Institute of California are part of Argosy University. (see any fiscal 2014 earnings release for definition of starting student body) 2

4 Enrollment Diversification EDMC has the capability to serve nearly every segment of the addressable market Unique Education Systems Industry Leader Modality Demographics Note: data as of October 2014 (percentage of starting student body enrollment) 3

5 Enrollment Diversification EDMC provides a wide variety of degrees across multiple disciplines Culinary 9% Legal 4% Fashion 7% IT Education 2% 1% Media Arts 22% Master's 8% Doctorate 5% Diploma 5% Other 2% Business 10% Behavioral 12% Design 12% Health 21% Associate's 30% Bachelor's 50% Note: data as of October 2014 (percentage of starting student body enrollment) 4

6 Enrollment Diversification addressing a diverse population of students by providing education online and at one of our campuses nationwide Modality Demographics Fully Online 25% Working Professional 13% Traditional 46% Campus Based 75% Working Adult 41% Note: data as of October 2014 (percentage of starting student body enrollment) 5

7 The Art Institutes 56,070 students 14% fully online 51 locations Media arts, design, culinary, fashion Diploma through Master s programs Accreditation: Multiple regional and national accrediting bodies ~25 average age ~60% diverse ~52% female Culinary 19% Associate's 27% Design 24% Fashion 13% Diploma 5% Other 2% Media Arts 44% Bachelor's 66% Note: School specific information regarding accreditation and other facts can be found at Starting student body enrollment figures and percentages as of October 2014 and includes online enrollments. Number of locations reflects count as of 1/27/2015. From a regulatory perspective, The Art Institute of Dallas, The Art Institute of Ft. Worth, The Art Institute of Charlotte, and The Art Institute of Raleigh Durham are part of South University; and the eight campuses of The Art Institute of California are part of Argosy University. Demographics based on students who supplied such information. (see any fiscal 2014 earnings release for definition of starting student body) 6

8 Argosy University 22,040 students 44% fully online 20 locations Behavioral & health sciences, business, legal, education Associate s through Doctorate programs Accreditation: Western Association of Schools & Colleges ~36 average age ~55% diverse ~72% female Business 26% Master's 22% Legal 8% IT 1% Doctorate 23% Education 6% Other 1% Health 5% Bachelor's 37% Associate's 18% Behavioral 53% Note: School specific information regarding accreditation and other facts can be found at and Starting student body enrollment figures and percentages as of October 2014 and includes online enrollments and Western State College of Law. Number of locations reflects count as of 1/27/2015 and includes Western State College of Law. From a regulatory perspective, Western State College of Law and the eight campuses of The Art Institute of California are part of Argosy University. Demographics based on students who supplied such information. (see any fiscal 2014 earnings release for definition of starting student body) 7

9 Brown Mackie College 14,690 students 28 locations Health sciences, business, legal, IT Diploma through Bachelor s programs Accreditation: Business 18% Legal 13% Education IT 1% 4% Media Arts & Design 1% Health 63% Higher Learning Commission Accrediting Council for Independent Colleges and Schools ~30 average age ~59% diverse ~75% female Diploma 16% Other 6% Bachelor's 7% Associate's 71% Note: School specific information regarding accreditation and other facts can be found at Starting student body enrollment figures and percentages as of October Number of locations reflects count as of 1/27/2015. Demographics based on students who supplied such information. (see any fiscal 2014 earnings release for definition of starting student body) 8

10 South University Established in ,630 students 53% fully online 11 locations Health & behavioral sciences, business, legal, IT Associate s through Doctorate programs Accreditation: Business 14% Behavioral 7% Legal 8% IT 5% Doctorate 3% Other 1% Health 66% Southern Association of Colleges and Schools ~34 average age ~56% diverse ~80% female Master's 23% Associate's 22% Bachelor's 51% Note: School specific information regarding accreditation and other facts can be found at Starting student body enrollment figures and percentages as of October 2014 and includes online enrollments. Number of locations reflects count as of 1/27/2015. From a regulatory perspective, The Art Institute of Dallas, The Art Institute of Ft. Worth, The Art Institute of Charlotte, and The Art Institute of Raleigh Durham are part of South University. Demographics based on students who supplied such information. (see any fiscal 2014 earnings release for definition of starting student body) 9