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Wall Street English

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Wall Street English
IndustryEducation
FoundedSeptember, 1972
HeadquartersBarcelona, Spain
Area served
Worldwide
OwnerPearson PLC
Websitewww.wallstreetenglish.com

Wall Street English (formerly Wall Street Institute) is among the largest providers[1] of English language education for adults and corporate clients around the world.[2] WSE was established in 1972 in Italy by Italian Luigi Tiziano Peccenini.[3] The company has over 2 million alumni with a current enrollment of 190,000 students.[4] Using a franchise model, they currently operate over 450 centers in 28 countries in North Africa, East Asia, Southeast Asia, Europe, Latin America, and the Middle East.[5] Its international offices are in Baltimore, Maryland in the United States, Barcelona (Spain) and Luxembourg.[6]

In 2013, Wall Street Institute launched a company-wide rebranding, changing its name and identity. The company now operates as Wall Street English.[7]

The Wall Street English program is designed for all levels of learners. They have 20 different levels of English language courses ranging from beginner to advanced.[8] Their program includes an English-only environment in their centers, native English-speaking teachers, social activities that allow students to practice English in a social, non-threatening environment, and a global online student community.

The Wall Street English Blended Learning Method,[9] created by Luigi Tiziano Peccenini and Luciano Biondo, combines different education methods of acquiring a language into one study cycle. The Blended Learning Method includes self-study, small teacher-led classes, and practice time. Students listen, read, write, speak, and practice English to gain a deep understanding of the language.

Wall Street English has been teaching English for over 40 years. Their curriculum is aligned to the Common European Framework of Reference for Languages (CEFR), according to a study undertaken with the support of the University of Cambridge English for Speakers of Other Languages Examination group (ESOL).[10]

Wall Street English was acquired by Pearson PLC from an affiliate of the The Carlyle Group and Citi Private Equity for $92m in cash in 2010. Pearson has 37,000 employees based in more than 60 countries around the world.[11]

History

The first Wall Street Institute centers opened in Italy in 1972, and within two years 24 new centers opened across Italy. In 1983, Wall Street Institute expanded outside of Italy, and by the late 1980s Wall Street Institute was well established across Europe. Expansion continued through the early 1990s, when centers were opened in Mexico, Chile, and Venezuela. Beginning in the late 1990s, Wall Street Institute expanded into the Middle East and then to Asia, which has grown to be a significant part of its business.

In 1997, Wall Street Institute was purchased by Sylvan Learning Systems. In 2005, Wall Street Institute was acquired by the global private equity firm The Carlyle Group.[12] In 2010, Wall Street Institute was acquired by Pearson PLC.

In 2013, the company launched a rebranding and introduced a new logo and united under one global name: Wall Street English.

The Wall Street English global corporate offices are located in Barcelona, Spain, and Baltimore, Maryland, USA.

By country

Wall Street English has centers in: Argentina, Brazil, Chile, Colombia, Czech Republic, Ecuador, France, Germany, Hong Kong SAR, Indonesia, Israel, Italy, Malaysia, Mexico, Morocco, Nicaragua, People's Republic of China, Peru, Portugal, Russia, Saudi Arabia, South Korea, Spain, Switzerland, Thailand, Turkey, Venezuela, and Vietnam.[13]

File:WSE Faria Lima.jpg
Wall Street English Center in São Paulo, Brazil

Argentina

There are 10 Wall Street English centers in Buenos Aires located in Palermo, Belgrano, Caballito, Tribunales, Villa del Parque, and Microcentro (4). In Buenos Aires Province, centers are in Olivos, Martinez, and Lomas de Zamora.[14]

Brazil

Wall Street English has 6 centers in São Paulo and a Corporate Department very well developed by Renata Montenegro and team.[15]

Chile

In Chile, Wall Street English operates 11 centers. From La Serena, down through Puerto Montt.[16]

China

There are more than 60 centers established in China, located in top cities. China is currently the biggest market for WSE.[17]

Colombia

Wall Street English in Colombia has 16 centers: 12 in Bogotá, 2 in Medellín, and one each in Barranquilla and Bucaramanga. [18]

Czech Republic

Wall Street English has one center in Prague, Czech Republic.[19]

Ecuador

Wall Street English has had centers in Ecuador since 1999. The current 9 centers include: Ambato, Cuenca, Guayaquil, Ibarra, La Prensa, Los Chillos, Orellana, Santo Domingo, Tumbaco, and Villaflora.[20]

France

Wall Street English operates 56 centers in France, of which 11 are located in Paris.[21]

Germany

There are 24 Wall Street English centers in Germany, four in Berlin, three in Munich, and the rest in Bonn, Bremen, Dortmund, Düsseldorf, Essen, Frankfurt, Hamburg, Hanover, Karlsruhe, Cologne, Leipzig, Mannheim, Nuremberg, Stuttgart, and Wiesbaden.[22]

Wall Street English announced on the 6 April 2016 that it would be closing operations in Germany on a permanent basis. [23]

Hong Kong

Wall Street English currently has 5 educational centers in Hong Kong: in Causeway Bay, Jordan, Tsuen Wan, Kwun Tong, and Shatin. All centers have been registered with the Education Bureau of Hong Kong.[24]

Indonesia

In Indonesia, Wall Street English has centers in Jakarta at Ratu Plaza (opened February 2007), La Piazza (opened January 2008), Pondok Indah Mall, Central Park, Kota Kasablanka, in Tangerang at Mall @ Alam Sutera (opened February 2013), and in Bandung at Paris van Java (opened April 2014).[25]

Israel

In Israel there are centers in: Raanana, Kiryat Bialik, Beer Sheva, Rishon Letzion, Tel Aviv, Haifa, Ashdod, Rehovot, Petah – Tikva, and Jerusalem.[26]

Italy

Wall Street English was first established in Italy, where there are currently 95 centers.[27]

Malaysia

Wall Street English pilot center in Malaysia is situated in the commercial center of Kuala Lumpur.[28]

Morocco

Wall Street English has one center located in Casablanca.[29]

Mexico

Wall Street English has 2 centers in Mexico: one in Mexico City, and another one in Monterrey City.[30]

Nicaragua

Wall Street English opened its first center in Central America in Managua, Nicaragua in May 2010.[31]

Peru

Wall Street English has three centers in Lima.[32]

Portugal

Wall Street English has 32 centers across Portugal.[33]

Russia

Wall Street English has six centers in Moscow.[34]

Saudi Arabia

Wall Street English has 17 centers in Saudi Arabia: in Jeddah, Riyadh, Qatif, Khobar, Medina, Jazan, Abha, Ta'if, Jazan, Makkah, Najran, Khamees Mesheet, and Bureida Tabuk.[35]

South Korea

See also: Hagwon

Wall Street English has 9 centers in South Korea: in Seoul (Samseong, Jongno, Shinchon, Gangnam Yeouido) Daegu, and more. The Busan centers opened in 2014.[36]

Spain

There are currently 4 Wall Street English centers in Spain.[37]

Switzerland

There are 9 Wall Street English centers in Switzerland: Biel/Bienne, Fribourg/Freiburg, Geneva, La Chaux-de-Fonds, Lausanne, Lugano, Montreux, Neuchâtel, and St. Gallen.[38]

Thailand

In Thailand, Wall Street English first opened in Silom in Bangkok, in July 2003. Centers in Sukhumvit, Lad Prao, Siam, and Pinklao followed. In 2008, the Sukhumvit branch was moved to Seacon Square. In January 2011, Fashion Island Branch opened, and in March 2011, Future park Rangsit branch opened. In 2012, new centers opened in Mega Bagna and Central World. There are also 8 Corporate centers located inside the offices of large companies, such as TOT, KPMG, and SCB.[39]

Turkey

There are 16 centers in Turkey: six in Istanbul (at Bakırköy, Caddebostan, Sisli, Erenköy, Taksim and Beylikdüzü). There are three centers in Ankara (Kizilay, Cayyolu and Ostim), İzmit, Bursa, Eskişehir, Izmir, Antalya, Gaziantep, and Konya.[40]

Venezuela

There are 17 centers in Venezuela.[41]

Vietnam

There are four Wall Street English centers operating in Vietnam. These centers are located in District 3, Tan Binh District, District 5, and District 7 Ho Chi Minh City.[42]

References

  1. ^ "Wall Street Institute Gathers Experts in English Language Learning for Inaugural Educational Advisory Board Meeting". Sun Herald. 2008-10-14.
  2. ^ "Wall Street Institute Showcases Unique English Language Instruction Method". REUTERS. 2008-01-30.
  3. ^ Boyle, Matthew (August 23, 2007). "WSI looks to China for profits". FORTUNE.
  4. ^ http://wallstreetenglish.mediaroom.com/press-kit. {{cite news}}: Missing or empty |title= (help)
  5. ^ "Wall Street English". Wall Street English.
  6. ^ "Wall Street Institute Improves the Way Its Students Learn English" (PDF).
  7. ^ http://www.changingfutures.com
  8. ^ http://www.wallstreetinstitute.com/students/overview.aspx
  9. ^ "Your Journey Begins with our Blended Learning Method". Wall Street English. 2014-10-01.
  10. ^ "Wall Street Institute First To Put English Language Curriculum To The Test".
  11. ^ "Pearson to acquire Wall Street Institute: acquisition extends Pearson's position as world leader in English language teaching".
  12. ^ aboutWSI
  13. ^ "Wall Street English Global".
  14. ^ "Wall Street English – Argentina".
  15. ^ "Wall Street English – Brazil".
  16. ^ "Wall Street English – Chile".
  17. ^ "Wall Street English – China".
  18. ^ "Wall Street English – Colombia".
  19. ^ "Wall Street English – Czech Republic".
  20. ^ "Wall Street English – Ecuador".
  21. ^ "Wall Street English – France".
  22. ^ "Wall Street English – Germany".
  23. ^ "Wall Street English – Germany".
  24. ^ "Wall Street English – Hong Kong".
  25. ^ "Wall Street English – Indonesia".
  26. ^ "Wall Street English – Israel".
  27. ^ "Wall Street English – Italy".
  28. ^ "Wall Street English – Malaysia".
  29. ^ "Wall Street English – Morocco".
  30. ^ "Wall Street English – Mexico".
  31. ^ "Wall Street English – Nicaragua".
  32. ^ "Wall Street English – Peru".
  33. ^ "Wall Street English – Portugal".
  34. ^ "Wall Street English – Russia".
  35. ^ "Wall Street English – Saudi Arabia".
  36. ^ "Wall Street English – South Korea".
  37. ^ "Wall Street English – Spain".
  38. ^ "Wall Street English – Switzerland".
  39. ^ "Wall Street English – Thailand".
  40. ^ "Wall Street English – Turkey".
  41. ^ "Wall Street English – Venezuela".
  42. ^ "Wall Street English – Vietnam".
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