Open Colleges

Open Colleges Australia
Motto Empowering people
Type Subsidiary
Established 1910
Administrative staff
 550
Location Headquarters in Sydney, Australia
Campus Online Distance Learning
Affiliations TAFE, Early Childhood Australia, Institute of Certified Bookkeepers, Association of Accounting Technicians, National Safety Council of Australia, International Council for Open and Distance Education
Website www.opencolleges.edu.au

Open Colleges Australia (Open Colleges) is an online vocational education organization based in Australia. It was previously known as Cengage Education, formerly International Correspondence Schools (ICS), the first distance education provider registered in Australia.

The majority of enrolled students are based in Australia. All courses are delivered online with the option to receive printed study material. Some courses require work placement as part of the courses.

The organization has approximately 150 qualifications available online including courses provided through the Australian national qualification framework for Technical and further education (TAFE).[1]

History

Originally operating as the International Correspondence Schools in Australia, the company was bought by Harcourt Learning Direct in 1997,[2] and then by Thomson Education Direct in 2001[2] and became a part of Thomson Learning. The company name was changed to Thomson Education Direct.

In 2007, Thomson Learning was acquired by a private equity consortium consisting of Apax Partners and OMERS Capital Partners and the name was changed to Cengage Learning in July 2007.[3] Thomson Education Direct got renamed to Cengage Education.

In November 2010 Cengage Learning entered into an agreement with the Open Colleges Group for the sale of Cengage Education.

In December 2013, Apollo Group acquired a majority stake in Open Colleges Group.[4][5]

Subsidiaries

Open Colleges has developed 3 distinct subsidiaries upon acquiring Cengage Education in 2010

References

  1. ↑ "TAFE courses". Open Colleges.
  2. 1 2 About us: Our History, Open Colleges Group
  3. ↑ Cengage Learning Press Release. 2004-02-24. Thomson Learning Announces New Name - CENGAGE Learning. Retrieved 2009-12-11
  4. ↑ "Apollo Global in $150m deal to acquire majority stake in Open Colleges". The Australian. Retrieved 13 January 2014.
  5. ↑ "Apollo Global Agrees to Acquire Majority Interest in Open Colleges Australia". Retrieved 13 January 2014.
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