Washington Post 2015 Annual Report Download - page 29

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In January 2016, Kaplan International acquired Mander Portman Woodward (MPW), a U.K. independent sixth-
form college which prepares domestic and international students for A-level examinations that control admission
to U.K. universities. MPW operates three colleges in London, Cambridge and Birmingham.
Asia Pacific. In the Asia Pacific region, Kaplan operates businesses primarily in Singapore, Australia, New
Zealand, Hong Kong and China.
In Singapore, Kaplan operates three business units: Kaplan Higher Education, Kaplan Financial and Kaplan
Professional. During 2015, the Higher Education and Financial divisions served more than 20,000 students from
Singapore and 4,000 students from other countries throughout Asia and Western Europe. Kaplan Professional
provided short courses to approximately 21,000 professionals, managers, executives and businesspeople in 2015.
Kaplan Singapore’s Higher Education business provides students with the opportunity to earn bachelor’s and
postgraduate degrees in various fields on either a part-time or full-time basis. Kaplan Singapore’s students
receive degrees from affiliated educational institutions in Australia and the U.K. In addition, this division offers
pre-university and diploma programs.
Kaplan Singapore’s Financial business provides preparatory courses for professional qualifications in
accountancy and finance, such as the Association of Chartered Certified Accountants (ACCA) and the Chartered
Financial Analyst (CFA). Kaplan Singapore’s Professional business, which is an authorized Workforce
Development Agency Continuing Education Training (CET) Centre, provides professionals with various skills
training to help them rejoin the workforce, shift to new careers or catch up with changes that occur in the
workplace.
In Australia, Kaplan delivers a broad range of financial services programs from certificate level through master’s
level together with professional development offerings through Kaplan Professional, as well as higher education
programs in business, accounting, hospitality and tourism and management through Kaplan Business School. In
2015, these businesses provided courses to approximately 11,000 students through classroom programs and to
more than 31,000 students through online or distance-learning programs.
Kaplan Australia’s English-language business is part of KIC, which operates across seven locations in Australia
and one location in New Zealand, teaching more than 7,000 students per year. The Kaplan Australia Pathways
business is also part of KIC. It consists of Murdoch Institute of Technology and Bradford College and offers
pathways and foundational education to approximately 1,200 students wishing to enter Murdoch University in
Perth and the University of Adelaide, respectively.
In 2015, Kaplan sold its Franklyn Scholar business that offered a wide range of custom-developed programs to
corporate clients at the vocational education level.
In Hong Kong, Kaplan operates three business units: Kaplan Financial, Kaplan Language Training and Kaplan
Higher Education, serving more than 9,000 students annually.
Kaplan Hong Kong’s Financial division delivers preparatory courses to more than 7,000 students and business
executives wishing to take professional qualifications in accountancy, including HKICPA, ACCA and CPA, and
financial markets designations, including CFA, LE, FRM and CIAI.
Hong Kong’s Language Training division offers both test preparation for overseas study and college applications
including TOEFL, IELTS, SAT and GMAT, to approximately 1,000 students.
Kaplan Hong Kong Higher Education division offers both full-time and part-time programs to more than 1,000
students studying for degrees from leading Western universities. Students gain doctorate, master’s and bachelor’s
2015 FORM 10-K 14