Company Summary
Strategic Education, Inc. or SEI, through its subsidiaries Strayer University and New York Code and Design Academy (NYCDA), provides a range of post-secondary education and other academic programs in the United States. NYCDA is a New York City-based provider of web and application software development courses.
SEI provides undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration, along with criminal justice to working adult students through its physical campuses primarily located in the Mid-Atlantic and Southern regions. The programs are offered online as well.
SEI currently operates in three reportable segments: U.S. Higher Education or USHE (accounted for 73% of the total revenues in 2021), Australia/New Zealand or ANZ (21.9%), and Education Technology Services (5.1%). The USHE segment comprises Strayer University, including the Jack Welch Management Institute MBA, and Capella University. The segment also operates non-degree web and mobile application development courses through Hackbright Academy and Devmountain, which are units of Strayer University. The Australia/New Zealand segment includes Torrens University, Think Education, and Media Design School. The Education Technology Services segment is focused on developing and maintaining relationships with employers to build employee education benefits programs. It has Workforce Edge and Sophia Learning.
On Aug 1, 2018, Strategic Education announced that Strayer Education, Inc. and Capella Education Company have completed the proposed merger deal to create SEI, a national leader in education innovation. Upon consummation of the merger, Capella became a wholly-owned subsidiary of SEI and will continue to offer its education programs through Capella University.