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Kaplan, Inc.
Type Private
Founded 1938
Founder Stanley Kaplan
Headquarters New York City
Key people Jonathan Grayer, CEO & Chairman
Industry Education
Revenue US$ 2. The term privately held company refers to ownership of a business company in two different ways first referring to ownership by non-governmental organizations and second An entrepreneur is a person who has possession over a company enterprise, or Venture, and assumes significant accountability for the inherent risks and the outcome The City of New York Jonathan Grayer is the Chairman and CEO of Kaplan Inc, a global education company that began as a test prep provider in 1938 and was purchased A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 0 billion
Owner The Washington Post Company
Divisions Kids and Schools, Test Preparation and Admissions, Higher Education, Professional
Website Kaplan.com

Kaplan, Inc. Ownership is the state or fact of exclusive rights and control over Property, which may be an object, land/real estate, Intellectual property The Washington Post Company ( NYSE: WPO is an American education and media company best known for owning the newspaper it is named after The Washington Post A division of a business entity is a portion of that business that operates under a different name A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages is a for-profit corporation headquartered in New York City, founded in 1938 by Stanley Kaplan. A for-profit corporation is a Corporation that is intended to operate a Business which will return a Profit to the Owners A for-profit corporation The City of New York Kaplan provides higher education programs, professional training courses, test preparation materials and other services for various levels of education. [1]

Contents

Company

Kaplan is a for-profit subsidiary of The Washington Post Company. The Washington Post Company ( NYSE: WPO is an American education and media company best known for owning the newspaper it is named after The Washington Post Its Chairman and CEO is Jonathan Grayer. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator Jonathan Grayer is the Chairman and CEO of Kaplan Inc, a global education company that began as a test prep provider in 1938 and was purchased Its 2007 revenue was more than $2 billion. [1]

Current Issues

It should be noted that the Kaplan Higher Education Division has been frequently criticized for its lack of communication with students. Both internal and external surveys reflect a high level of dissatisfaction with Kaplan on this issue. One group of former law students (“Concord Law School”) have voiced public concerns that it is virtually impossible to speak with school officials regarding administrative issues (ADA, transcripts, student accounts, financial aid, etc. ). The group notes this perceived lack of care by Kaplan has, and continues, to result in many students withdrawing from Kaplan schools and migrating to more customer-service oriented institutions. It should be expected this continued attrition will significantly impact future corporate earnings.

Subdivisions

Kaplan Higher Education is a group of institutions that offer fixed-facility and online certificate and degree programs in fields such as criminal justice, health care, business, information technology and legal studies. Kaplan University also offers online programs, and had approximately 37,000 students in 2007. Kaplan University is the Doing business as name of the Iowa College Acquisition Corporation a company that owns and operates independent private, for-profit [1] Kaplan also owns the online Concord Law School. Concord Law School formerly known as "Concord University School of Law" is a four-year Legal education program based in Los Angeles California. Outside the United States, Kaplan operates Dublin Business School in Ireland, which offers undergraduate and graduate degree programs in business and the liberal arts, and Asia Pacific Management Institute (APMI Kaplan) in Hong Kong / Singapore. Dublin Business School (DBS incorporating Portobello College is the largest independent college in Ireland. The Asia Pacific Management Institute (APMI is a private For-profit university owned by Kaplan Inc

Kaplan Professional offers education for licensing, certification, and training purposes, in areas including accounting, insurance, securities, real estate, financial planning, information technology, and architecture. FTC Kaplan, a London-based company that offers accounting and financial services training in the United Kingdom and in Asia, was acquired in 2003 (as The Financial Training Company). Founded in 1958 FTC Kaplan is one of the United Kingdom 's longest established financial training Kaplan also operates Tribeca Learning in Australia, which provides financial services and real estate training. In May 2007 the UK arm of Kaplan extended its training offering from professional qualification into higher education with the introduction of Kaplan Open Learning. Kaplan Open Learning (Essex) Limited (“KOL”) has been established as an affiliate college of the University of Essex. The College provides university level education, offering programmes of study for students who wish to obtain a university Foundation Degree or top up that degree to an Honours Degree. Kaplan Open Learning is financially supported by the Higher Education Funding Council for England.

Kaplan Test Prep and Admissions and kaptest.co.uk sells preparation materials for standardized tests and tutoring services. A standardized test is a test administered and scored in a consistent manner Kaplan currently offers classes to prepare students for various exams: college admissions tests including the SAT and ACT; graduate school admission tests such as the Law School Admission Test (LSAT), Graduate Management Admission Test (GMAT), Graduate Record Examination (GRE), Dental Admission Test (DAT), and Medical College Admission Test (MCAT); and other tests including the NCLEX, USMLE, CPA, and TOEFL exams. This is a list of Standardized tests that students may have to take for admissions to various schools United States Secondary School Admissions The SAT Reasoning Test (formerly Scholastic Aptitude Test and Scholastic Assessment Test) is a standardized test for College admissions in the The ACT is a standardized achievement Examination for college admissions in the United States produced by ACT Inc The Law School Admission Test ( LSAT) is an examination administered by the Law School Admission Council (LSAC that attempts to measure logical and verbal reasoning GMAT redirects here for other uses see GMAT (disambiguation. The Graduate Management Admission Test (GMAT pronounced G-mat is Graduate Record Examination or GRE is a commercially-run Standardized test that is an admissions requirement for many Graduate schools principally in the The Dental Admission Test (DAT is a Multiple-choice standardized exam taken by potential dental school students in the United States. The Medical College Admission Test, commonly known as the MCAT, is a computer-based Standardized examination for prospective Medical students The NCLEX-RN ( N ational C ouncil L icensure EX amination- R egistered N urse is a Computer-adaptive test (CAT of The United States Medical Licensing Examination or USMLE is a multi-part professional Exam sponsored by the Federation of State Medical Boards (FSMB and The Uniform Certified Public Accountant Examination (Uniform CPA Exam is the examination administered to most people who become Certified Public Accountants in the United The Test of English as a Foreign Language (or TOEFLs, pronounced "toe-full" or sometimes "toy-ful" evaluates the potential success of an individual to use Outside of the United States and Canada, Kaplan operates in the UK and France, and also operates Kidum, a test preparation company in Israel, and Aspect, a provider of English language training based in the U. K.

Kaplan K12 Learning Services provides educational materials and services to children in grades pre-K through 12 and individual school districts,[1] and advises school districts on compliance with the No Child Left Behind Act. The No Child Left Behind Act of 2001 (Public Law 107-110 often abbreviated in print as NCLB and sometimes shortened in pronunciation to "nickelbee" is a controversial Also, Kaplan's Score Learning Centers provide after-school tutoring services in reading and math for children in grades kindergarten to tenth grade. ( German, literally means "children's garden" is a form of education for young children which serves as a transition from home to the commencement of more formal schooling Tenth grade (called Grade 10 or Senior 2 in some regions also known as sophomore year in the U

History

Kaplan was founded in 1938 by Stanley H. Kaplan, who started the business by tutoring students for the New York State Regents Exam in the basement of his Brooklyn home. He eventually opened locations around the country. In 1984, Kaplan sold the company to The Washington Post Company, which centralized control. The Washington Post Company ( NYSE: WPO is an American education and media company best known for owning the newspaper it is named after The Washington Post The company grew significantly in the 1990s by expanding its business and purchasing other test preparation and educational companies[2]

Acquisitions

Major acquisitions during the last 10 years include:[3]

Class-action lawsuit

Kaplan Inc. recently agreed to settle a class action lawsuit that had been brought against BAR/BRI and Kaplan. BarBri is a company in the United States that offers the most widely used Bar exam preparation course in the country Among the allegations in the suit, which charged that BAR/BRI had overcharged students, was an allegation of antitrust violation claiming that Kaplan had agreed not to compete in the bar review business while BAR/BRI agreed it would not compete in the LSAT business. Both West Publishing Company (parent of BAR/BRI), and Kaplan, Inc. West (also known by its original name West Publishing) is the largest business unit of Thomson Reuters North American Legal group of Thomson Reuters. , denied the allegations and the matter was resolved without any finding of wrongdoing. [4]


Tuition Assistance

Kaplan offers tuition assistance to candidates that qualify a given set of nonstandardized criteria. The decisions of tuition assistance are determined at the level of the particular branch of the chain which are supervised by one or more branch managers. Here is a link to the application. [5]

References

  1. ^ a b c d Washington Post Shareholder website
  2. ^ Kaplan, Stanley H. Test Pilot. New York: Simon & Schuster, 2001. Simon & Schuster Inc, a division of CBS Corporation, is a Publisher founded in New York in 1924 by Richard L
  3. ^ About Kaplan Press Releases
  4. ^ BAR/BRI Class Action Lawsuit website
  5. ^ http://cas.memphis.edu/pdfs/KaplanTuitionApp.pdf

External Links

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