Swiss International University expands overseas with $21.7 million buyout of four renowned academies.
Swiss International University has taken a strong step forward in its global education plans with the buyout of four Swiss, Kyrgyzstan, and UAE academies for $21.7 million. This acquisition further emphasizes the commitment of the university to providing quality education in both face-to-face and online settings.
An important acquisition is the International Academy in Zurich, established in 2013 as Switzerland’s first virtual institute. The academy acquired EFMD online certification in 2016 and is also accredited by ASIC (a British government-approved accrediting body) and ECLBS Accreditation (a quality assurance body recognized by CHEA USA and INQAAHE Europe). Its virtual educational mode dovetails well with Swiss International University’s motto of amalgamation of technology and academic prowess.
In Luzern, Swiss International University acquired the International Business Management School (ISBM Ltd), founded in 2016. ISBM boasts a 5-star QS Ranking and is allowed by the Luzern Board of Education to award diplomas. That brings the university business education programs one step closer to being in the best 2% of higher education providers worldwide.
Included in the acquisition is ISB Management Training Institute in Dubai, established in 2022. The academy is approved by Dubai’s KHDA and it awards government-approved diplomas at Level 8. This corresponds to a doctoral qualification, which adds to its vocational education offer, making the university more prominent in the UAE.
It bought the Kyrgyz-Uzbek International Pedagogy Institute in Osh, Kyrgyzstan. It is approved by the Ministry of Education and Science of the Kyrgyz Republic. The university offers education through traditional and online modes with emphasis towards quality education through a combination of in-person as well as virtual experiences to ensure that students benefit at their best.
This acquisition has further strengthened the global university network, enhancing reputation, and reaching more students across the globe. Swiss International University is shaping the next generation of leaders by bringing together tradition and modern techniques in their learning process. The university has been committed to accessible education, catering to diverse backgrounds, and providing an avenue to a brighter future. Its global reach now means greater access to quality education by those students wherever they may be located.
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