Dv investor prez

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Dv investor prez

  1. 1. Quality + Diversification = GrowthCredit Suisse Growth Services Conference March 13, 2013
  2. 2. Certain statements contained in this presentation concerning DeVry’sfuture performance, including those statements concerning DeVry’sexpectations or plans, may constitute forward-looking statementssubject to the Safe Harbor Provision of the Private SecuritiesLitigation Reform Act of 1995. These forward-looking statementsgenerally can be identified by phrases such as DeVry Inc. or itsmanagement “believes,” “expects,” “anticipates,” “foresees,”“forecasts,” “estimates” or other words or phrases of similar import.Actual results may differ materially from those projected or implied bythese forward-looking statements. Potential risks, uncertainties andother factors that could cause results to differ are described more fullyin Item 1A, “Risk Factors,” in DeVry’s most recent Annual Report onForm 10-K for the year ending June 30, 2012 and filed with theSecurities and Exchange Commission on August 28, 2012. 2
  3. 3.  DeVry Education Group Medical & Business,Technology International, K-12 and Healthcare & Management Professional Education 3
  4. 4. Formula for Creating ValueQuality + Diversification = Growth 4
  5. 5. Investment in education technology 5
  6. 6. Facility Expansion6
  7. 7. Investments in Academic Quality Developing our Faculty 7
  8. 8. Accreditor ApprovalsHigher Learning Commission Dominica Medical Board 8
  9. 9. Student Outcomes 94%+ NCLEX Pass Rates 9NCLEX pass rate through the first 9 months of 2012.
  10. 10. Student Outcomes 86/ 43 10Six-session average ending February 2012; excludes graduates continuing their education, foreign graduates ineligible to work in the U.S./Canada and those unable toaccept career advising assistance. Excludes graduates who actively pursued employment for less than 180 days and did not become employed. Information presentedis based on graduate-provided data.
  11. 11. Student Outcomes 95% USMLE Pass Rate 11Pass rates for Step 1 of the U.S. Medical Licensing Exam.
  12. 12. Quality Plus Diversification Sets Us Apart Vertical Diversification: Horizontal Diversification: Geographic Diversification:Enrollments by Program * Enrollments by Award Level * Revenues by GeographyTotal Enrollment: Total Enrollment: Total Enrollment: Total Enrollment: 43,300 120,000+ 43,300 120,000+ 2% 5% 2% 4% 14% 13% 30% 27% 21% 68% 45% 56% 96% 87% 70% 26% 18% 19% Fall 2002 Fall 2011 Fall 2002 Fall 2011 2002 2011 Technology Business Associate/Certificate Bachelor’s USA Non-USA Healthcare Other Master’s Doctoral * Based on Fall 2011 data; excludes enrollments at Advanced Academics, Becker Professional Education, and DeVry Brasil. 12
  13. 13. Quality + Diversification = Growth
  14. 14. Long-term Growth OpportunitiesGrowing need for career-oriented education 2/3 of all jobs require a degree 14
  15. 15. Difference in Lifetime Earnings 15
  16. 16. Return on Educational Investment (ROEI) Electronics & Computer Tech. 20% Accounting 30% Respiratory Care 47%Associate Web Graphic Design 50% Dental Hygiene 53% Network Systems Admin. 57% Business Administration 22% Biomedical Engineering Tech. 26% Networking & Comm. Mgmt. 27%Bachelor’s Computer Information Sys. 30% Technical Mgmt. 31% Nursing (RN) 46% Doctor of Veterinary Medicine 13% Doctor of Medicine 18% Graduate MBA 29% 0% 10% 20% 30% 40% 50% 60% 16
  17. 17. Public Sector Constrained “Cal State cuts 165,000 seats…” 17
  18. 18. FY13 First Six Months Results Revenue Net Income$1,004 $988 $82 $66FY12 FY13 FY12 FY13 18
  19. 19. Enrollment at degree-granting institutions 2011/12 2012/13 % Change DeVry Inc. Student Enrollments New students 15,195 16,047 +5.6 Total students 131,134 124,007 -5.4 DeVry University Undergraduate and graduate headcount – January Session New students 7,810 7,382 -5.4 Total students 82,708 70,224 -15.1 Chamberlain College of Nursing January Session New students 1,129 2,120 +87.8 Total students 10,888 13,714 +26.0 The Carrington Colleges Group 3 months ending Dec. 31, 2012 New students 1,565 1,763 +12.7 Total students 7,379 7,405 +0.4 DeVry Medical International January Term New students 601 603 +0.3 Total students 6,024 6,318 +4.9 DeVry Brasil October 2012 Term New students 4,090 4,179 +2.2 Total students 24,135 26,346 +9.2 19
  20. 20. Strong Financial Position(in millions)$600 Cash Debt $200$500 $450 $150$400 $125 $323$300 $100 $225 $216$200 $177 $50$100 $0 $0 $0 $0 $0 $0 FY09 FY10 FY11 FY12 Thru FY09 FY10 FY11 FY12 Thru Q213 Q213 20
  21. 21. Performance Improvement Plan Align Cost Structure Regain Enrollment Growth Make Targeted Investments 21
  22. 22. How We Compete H Hands-on individual attention I In 3 years, obtain a 4-yr. degree R Reputation with employers E Employment outcomes 22
  23. 23. DeVry’s Differentiation Gainful Employment DeVry’s programs passed Private loans Minimal Exposure Accreditation Risk HLC and DMB Approvals 23
  24. 24. Quality + Diversification = Growth

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