Company Research Report: University of Phoenix

Company Overview

Name: University of Phoenix

Mission of the Company:
The mission of University of Phoenix is to provide access to higher education opportunities that enable students to develop the knowledge and skills necessary to achieve their professional goals, improve the performance of their organizations, and provide leadership and service to their communities.

Founded Date and Founders: Founded in 1976 by Dr. John Sperling

Key People:

• Chris Lynne, President

• John Woods, Ph.D., Provost and Chief Academic Officer

• Additional key leadership includes Blair Westblom, Cheryl Naumann, Eric Rizzo, Jamie Smith, Raghu Krishnaiah, Ruth Veloria, Srini Medi, and Steve Gross

Headquarters: Phoenix, Arizona, USA

Number of Employees: No information is available.

Revenue of the Company: No information is available.

What the Company is Known For:
University of Phoenix is known for its flexible online education programs designed primarily for working adults. It offers a combination of career guidance, personal support, and flexible learning opportunities, particularly catering to students who balance work, family, and education responsibilities.

Products & Programs

Offered Programs:

• Bachelor's Degrees: Examples include Business Administration, Information Technology, Nursing, Psychology.

• Master's Degrees: Examples include MBA, MS in Nursing, MS in Education, MS in Psychology.

• Competency-Based Degrees: Available in various fields including Nursing and Business.

• Doctorate Degrees: Available in areas like Business Administration and Education.

• Associates Degrees: Available in General Studies.

• Certificates: Both undergraduate and graduate certificates in fields like Project Management and Accounting.

• Courses: Extensive catalog covering business, healthcare, education, technology, and more.

High-Level Description of the Programs:
University of Phoenix’s programs are focused on providing flexible, career-relevant education to working adults. These programs are delivered in an online format allowing for a flexible schedule.

Key Features of Products:

• Flexibility: Online classes and the ability to take one class at a time.

• Career-Relevant Education: Programs aligned with career-relevant skills and real-world applications.

• Support Services: Career services, academic counseling, and lifelong access to career resources.

Recent Developments

Recent Developments in the Company:

• CAHME Reaccreditation: The Master of Health Administration was reaccredited for a seven-year term by the Commission on Accreditation of Healthcare Management Education (CAHME).

• UPCEA Award: Received the 2023 UPCEA® Leadership in Diversity and Inclusive Excellence Award.

• Student Café Launched: Virtual student café, "Bravely Belong," launched to cultivate belonging among students and alumni.

• Affiliation with University of Idaho: Announced acquisition by a non-profit entity affiliated with the University of Idaho, transitioning University of Phoenix to non-profit status.

New Products Launched:

• College of General Studies Web Page: A new webpage focusing on general studies and expanding educational resources.

New Features Added to Existing Products:

• Skills-Aligned Programs: All associate, bachelor’s, and master’s programs open for new enrollment are now aligned to career-relevant workplace skills.

New Partnerships:

• JFF Partnership: Partnered with Jobs for the Future (JFF) to support Black learners and workers in career advancement.

• Community Engagement: Ongoing collaborations with groups such as tribal leadership and the Arizona Hispanic Chamber of Commerce to support diverse communities.

Notable Alumni Achievements:

• Alumni like Millicent Rone have leveraged their degrees into significant career advancements, such as leadership roles in major corporations.

Additional Achievements and Recognition:

• Digital Badges: Over 450,000 distinct skill badges issued, enhancing students' academic and professional profiles.

• Academic Excellence: Continuous recognition from the Higher Learning Commission for institutional accreditation.

For more detailed information about the University of Phoenix's notable achievements, community engagement efforts, and recent developments, downloadable reports like the Annual Academic Report provide extensive insights.