Kaplan, Inc.: Difference between revisions
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'''Kaplan, Inc.''' is a [[for-profit corporation]] headquartered in [[New York City]], and was founded in 1938 by Stanley Kaplan.<ref>[http://ny1.com/content/top_stories/104636/test-prep-pioneer-stanley-kaplan-dead-at-90/Default.aspx]</ref> Kaplan provides higher education programs, professional training courses, [[test preparation]] materials and other services for various levels of education.<ref name="report" /> |
'''Kaplan, Inc.''' is a [[for-profit corporation]] headquartered in [[New York City]], and was founded in 1938 by Stanley Kaplan.<ref>[http://ny1.com/content/top_stories/104636/test-prep-pioneer-stanley-kaplan-dead-at-90/Default.aspx]</ref> Kaplan provides higher education programs, professional training courses, [[test preparation]] materials and other services for various levels of education.<ref name="report" /> |
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==Company== |
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Kaplan is a for-profit subsidiary of [[The Washington Post Company]]. Its Chairman and [[chief executive officer|CEO]] is [[Andrew Rosen]]. Its 2008 revenue was $2.3 billion.<ref name="report">[http://phx.corporate-ir.net/phoenix.zhtml?c=62487&p=irol-reportsAnnual Washington Post Shareholder website]</ref> |
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Stanley H. Kaplan, the founder of the company, died of a heart ailment on August 23, 2009. He was 90 years of age. <ref>http://www.chicagotribune.com/news/chi-obit-kaplanaug26,0,4154043.story</ref> |
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===Subdivisions=== |
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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.<ref name="report" /> Kaplan also owns the online [[Concord Law School]]. 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. |
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Kaplan Professional offers education for licensing, certification, and training purposes, in areas including accounting, insurance, securities, real estate, financial planning, information technology, and architecture. [[Kaplan Financial Ltd.]], a national UK company that offers accounting and financial services training in the United Kingdom and in Asia, was acquired in 2003 (as The Financial Training Company). In September 2007, [[Kaplan Law School]] was opened in London, in partnership with Nottingham Law School, to offer post-graduate legal training. In Australia, Kaplan provides professional training, higher education programs, and English language education. 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. |
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[http://www.kaptest.com Kaplan Test Prep and Admissions] and [http://www.kaptest.co.uk kaptest.co.uk] sells preparation materials for [[standardized test]]s and tutoring services. Kaplan currently offers classes to prepare students for various exams: college [[list of admissions tests|admissions tests]] including the [[SAT]] and [[ACT (examination)|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-RN|NCLEX]], [[United States Medical Licensing Examination|USMLE]], [[Comprehensive Osteopathic Medical Licensing Examination|COMLEX]], [[Uniform Certified Public Accountant Examination|CPA]], [[TOEFL]] and [[PCAT]] exams. 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. |
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Kaplan K12 Learning Services provides educational materials and services to children in grades pre-K through 12 and individual school districts,<ref name="report" /> and advises school districts on compliance with the [[No Child Left Behind Act]]. Also, Kaplan's Score Learning Centers provide after-school tutoring services in reading and math for children in grades [[kindergarten]] to [[tenth grade]]. |
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Kaplan worked with [[Aspyr Media]] to develop and publish the educational video game ''[[futureU]]'', which was released on August 25, 2008 for [[Microsoft Windows|Windows]] and [[Mac OS X]], and on November 5, 2008 for the [[Nintendo DS]].<ref>{{cite web |accessdate=2008-12-26 |url=http://www.metacritic.com/games/platforms/ds/futureutheprepgameforsat |title=futureU |publisher=Metacritic }}</ref> |
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==History== |
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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 parents' Brooklyn home.<ref>{{cite journal | last = Blumentstyk | first = Goldie | title = Stanley H. Kaplan, the Entrepreneur Who Put Academe to the Test |
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| journal = [[The Chronicle of Higher Education]] | volume = LVI | issue = 2 | page = A35 | date = September 4, 2009}}</ref> He eventually opened locations around the country. In 1984, Kaplan sold the company to [[The Washington Post Company]], which centralized control. The company grew significantly in the 1990s by expanding its business and purchasing other test preparation and educational companies.<ref>Kaplan, Stanley H. ''Test Pilot''. New York: [[Simon & Schuster]], 2001.</ref> The company's leader during this expansion period was [[Jonathan Grayer]]. |
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===Acquisitions=== |
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Major acquisitions during the last 10 years include:<ref>[http://www.kaplan.com/AboutKaplan/PressReleases/ About Kaplan Press Releases]</ref> |
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* 1996 – Score, a network of after-school tutoring centers based in California with locations around the country |
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* 1998 – Dearborn Publishing, a publisher of professional training books in Chicago |
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* 2000 – [[Hamilton College (Iowa)|Quest Education Corporation]], a network of for profit schools with 30 locations that brought Kaplan into the higher education industry |
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* 2003 – The [[Kaplan Financial Ltd.|Financial Training Company]], a provider of accounting and financial service training based in London with operations in Asia |
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* 2003 - [[Dublin Business School]], a university in Ireland that offers undergraduate and postgraduate business and liberal arts programs |
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* 2004 - Two Sawyer College campuses: Hammond, Indiana and Merrillville, Indiana. |
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* 2005 - [[Asia Pacific Management Institute]] (APMI Kaplan), a Higher Education company providing Diploma to Doctoral degrees offered by different universities. |
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* 2006 – Tribeca Learning, a financial services and real estate training provider based in Australia |
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* 2006 – Aspect Education, a provider of English language instruction based in the U.K. |
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* 2007 - Finsia Education, a provider of financial services training. |
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* 2007 - EduNeering Inc. |
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===Class-action lawsuit=== |
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Kaplan Inc. recently agreed to settle a class action lawsuit that had been brought against [[BAR/BRI]] and Kaplan. 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., denied the allegations and the matter was resolved without any findings of wrongdoing.<ref>[http://www.barbri-classaction.com/barbri/default.htm BAR/BRI Class Action Lawsuit website]</ref> |
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==References== |
==References== |
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Revision as of 16:16, 11 September 2009
| File:KInc pos rgb 2755.png | |
| Company type | Private |
|---|---|
| Industry | Education |
| Founded | 1938 |
| Founder | Stanley Kaplan |
| Headquarters | |
Key people | Andrew Rosen, CEO & Chairman |
| Revenue | US$ 2.3 billion (2008) |
| Parent | The Washington Post Company |
| Divisions | Kids and Schools, Test Preparation and Admissions, Higher Education, Professional |
| Website | Kaplan.com |
Kaplan, Inc. is a for-profit corporation headquartered in New York City, and was founded in 1938 by Stanley Kaplan.[1] Kaplan provides higher education programs, professional training courses, test preparation materials and other services for various levels of education.[2]
Company
Kaplan is a for-profit subsidiary of The Washington Post Company. Its Chairman and CEO is Andrew Rosen. Its 2008 revenue was $2.3 billion.[2]
Stanley H. Kaplan, the founder of the company, died of a heart ailment on August 23, 2009. He was 90 years of age. [3]
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.[2] Kaplan also owns the online Concord Law School. 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.
Kaplan Professional offers education for licensing, certification, and training purposes, in areas including accounting, insurance, securities, real estate, financial planning, information technology, and architecture. Kaplan Financial Ltd., a national UK company that offers accounting and financial services training in the United Kingdom and in Asia, was acquired in 2003 (as The Financial Training Company). In September 2007, Kaplan Law School was opened in London, in partnership with Nottingham Law School, to offer post-graduate legal training. In Australia, Kaplan provides professional training, higher education programs, and English language education. 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. 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, COMLEX, CPA, TOEFL and PCAT exams. 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,[2] and advises school districts on compliance with the No Child Left Behind Act. Also, Kaplan's Score Learning Centers provide after-school tutoring services in reading and math for children in grades kindergarten to tenth grade.
Kaplan worked with Aspyr Media to develop and publish the educational video game futureU, which was released on August 25, 2008 for Windows and Mac OS X, and on November 5, 2008 for the Nintendo DS.[4]
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 parents' Brooklyn home.[5] He eventually opened locations around the country. In 1984, Kaplan sold the company to The Washington Post Company, which centralized control. The company grew significantly in the 1990s by expanding its business and purchasing other test preparation and educational companies.[6] The company's leader during this expansion period was Jonathan Grayer.
Acquisitions
Major acquisitions during the last 10 years include:[7]
- 1996 – Score, a network of after-school tutoring centers based in California with locations around the country
- 1998 – Dearborn Publishing, a publisher of professional training books in Chicago
- 2000 – Quest Education Corporation, a network of for profit schools with 30 locations that brought Kaplan into the higher education industry
- 2003 – The Financial Training Company, a provider of accounting and financial service training based in London with operations in Asia
- 2003 - Dublin Business School, a university in Ireland that offers undergraduate and postgraduate business and liberal arts programs
- 2004 - Two Sawyer College campuses: Hammond, Indiana and Merrillville, Indiana.
- 2005 - Asia Pacific Management Institute (APMI Kaplan), a Higher Education company providing Diploma to Doctoral degrees offered by different universities.
- 2006 – Tribeca Learning, a financial services and real estate training provider based in Australia
- 2006 – Aspect Education, a provider of English language instruction based in the U.K.
- 2007 - Finsia Education, a provider of financial services training.
- 2007 - EduNeering Inc.
Class-action lawsuit
Kaplan Inc. recently agreed to settle a class action lawsuit that had been brought against BAR/BRI and Kaplan. 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., denied the allegations and the matter was resolved without any findings of wrongdoing.[8]
References
- ^ [1]
- ^ a b c d Washington Post Shareholder website
- ^ http://www.chicagotribune.com/news/chi-obit-kaplanaug26,0,4154043.story
- ^ "futureU". Metacritic. Retrieved 2008-12-26.
- ^ Blumentstyk, Goldie (September 4, 2009). "Stanley H. Kaplan, the Entrepreneur Who Put Academe to the Test". The Chronicle of Higher Education. LVI (2): A35.
- ^ Kaplan, Stanley H. Test Pilot. New York: Simon & Schuster, 2001.
- ^ About Kaplan Press Releases
- ^ BAR/BRI Class Action Lawsuit website