Business Overview

RafflesEducationCorp is a premier tertiary education provider committed to provide high quality education through its extensive network of colleges across Asia-Pacific.

 

Our strategic goal is to nurture and groom skilled professionals through the transfer of industry-relevant knowledge and technical know-how to succeed in the globalised economy. The Group strives to provide a well-balanced education that encourages creative and critical thinking; allowing students to realise their potential and aspirations, while enjoying the learning process at our colleges.

 

Since its founding in 1990, RafflesEducationCorp has grown its portfolio from its maiden college in Singapore to 33 colleges in 30 cities across 13 countries in Asia-Pacific.

 

Our colleges offer a comprehensive range of internationally recognised programmes leading to Diploma, Advanced Diploma, Degree and Masters qualifications. The RafflesEducationCorp enterprise comprises several components:

 

Private Education

Private Education System (“PES”) colleges are RafflesEducationCorp’s premium offering. The Group’s PES colleges provide a range of degree, diploma and certificate programmes in various professional disciplines including design, information technology, business, biomedical sciences and psychology. PES students are afforded robust quality programmes conducted in English language by an international faculty.

The Group currently has 28 PES colleges, with close to 7,000 students across Asia-Pacific.

 

National Education

The Group has one University and two Vocational and Technical colleges under the National Education System (“NES”) in China. NES colleges provide education courses and skills training programmes that lead to nationally recognised tertiary qualifications.

 

Students are offered a sound and mainstream education taught in Chinese language by quality local faculty and accorded qualifications accredited by the Education Ministry, China. There are currently over 14,800 students studying at the Group’s NES colleges.

 

Raffles Millennium International

Raffles Millennium International (“RMI”) colleges are established through a joint venture (“JV”) between RafflesEducationCorp and Educomp Solutions Ltd (“Educomp”), India’s largest publicly-listed education company.

 

With over 600 million youths, India is a fast-growing market with the largest youth population in the world. This 50:50 JV brings the Group’s entire suite of award-winning programmes in Design, Business and Hospitality to India, providing meaningful higher education alternatives for its large student population.

 

To date, six RMI colleges have been established across seven Indian cities: Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata and New Delhi, offering RafflesEducationCorp’s Advanced Diploma and Degree programmes. With the Group’s increased presence in India, this JV has certainly created a new growth engine for the Group.

 

Raffles University System

At the heart of all RafflesEducationCorp’s education programmes are curricula and student experiences that encourage the development of creativity, entrepreneurship and socially responsible practice, empowering graduates to realise their full potential in a globalised economy. Our focus is on our students - their individual ambition and talent, and their professional and personal development.

 

Raffles University System (”RUS”) holds overall responsibility for the Group’s curriculum development, quality assurance, accreditation and faculty development. It also develops the Group’s universities in the region as well.

 

University-Levels Institutions

RafflesEducationCorp’s platform of higher education institutions includes four university-level institutions that are strategically located in Australia, Malaysia, China and India. These university-level institutions validate the extraordinary academic development and pedagogical advancement of the Group, driven by its overarching aim to provide high quality education across its network of colleges.

 

Raffles College of Design and Commerce

Raffles College of Design and Commerce, Sydney (“RCDC”) has a rich heritage of over 30 years in providing high quality, university-level education. Primarily a higher education provider offering Bachelor and Masters degrees in multiple fields of Design and Business, the college also provides Certificate and Diploma courses as great pathways to attaining a Bachelor’s degree.

 

The curriculum is developed to keep pace with current industry demands and is taught by industry professionals, giving students a clear industry edge. Class sizes are intentionally kept small, giving students plenty of individual attention from the faculty. The learning environment boasts an optimal mix of academic rigour and fun. RCDC graduates have gone on to very successful careers in the fields of Design and Business.

 

RCDC awards university-level degrees that are accredited by the New South Wales Government Department of Education and Communities (“DEC”), are registered with the Australian Government Department of Education, Employment and Workplace Relations (“DEEWR”) and the Australian Government Tertiary Education Quality and Standards Agency (“TEQSA”). They are also approved by the internationally recognised Australian Qualifications Framework (“AQF”).

 

Tianjin University of Commerce Boustead College

Tianjin University of Commerce Boustead College (“Boustead College”) was officiated on October 2002 and offers higher education and skills training programmes that lead to nationally recognised and internationally recognised tertiary qualifications. Boustead College also offers degree programmes in Business Administration, Computer Science & Information Technology, and Literature & Arts. It also has a well-located state-of-the-art campus that provides facilities to students from living quarters and sporting fields to technical laboratories and a comprehensive library.

 

Raffles University Iskandar

RafflesEducationCorp established Raffles University Iskandar (“RUI” or “the University”), its 80:20 joint venture (“JV”) with Education@Iskandar Sdn Bhd (“EISB”), a member of the Iskandar Investment Group, in 2011. RUI, estimated to cost RM 200 million, will be located in Educity, Iskandar Malaysia (“EduCity@Iskandar”) and is the Group’s first government approved self-accrediting University in its portfolio of colleges of higher education.

 

RUI will be a multi-faculty, self-accrediting university and will initially provide undergraduate and postgraduate programmes in four schools namely School of Design, School of Business, School of Education and Social Sciences, and School of Infocomm Technology. These will be subsequently expanded to five faculties to include Health Sciences. The RUI campus will be located in EduCity@Iskandar – an area that is secure and holds promising potential in both economic and cultural development. Its strategic location, together with the successful history of RafflesEducationCorp’s programmes will serve RUI students well in a promising and vibrant environment.

 

The University will begin operations out of leased premises at Kotaraya, Johor Bahru, while its permanent campus in Educity@Iskandar is being built. The 65-acre campus, complete with state-of-the-art facilities, hostels and amenities, is expected to be ready by 2013.

 

Raffles Millennium University

The partnership with Educomp includes the development of Raffles Millennium University campus (“RMU”) at a 44-acre site in Greater Noida on the outskirts of Delhi, India. With the first phase of the campus’ construction completed, RMU received its first batch of students in its Post-Graduate Diploma in Management (“PGDM”) and Bachelor of Technology in Engineering (“B.Tech Engineering”) programmes in August 2011.

 

All programmes are approved by the All India Council for Technical Education (“AICTE”), an Indian statutory body and national-level council for technical education, and are designed to provide a robust, quality education through which students are empowered and effectively prepared for the workplace or higher education. The PGDM is the equivalent of a Master of Business Administration (“MBA”) programme, and it offers three tracks in the key areas of Marketing, Finance and Human Resources. To meet the huge demand for engineers in India, RMU’s B.Tech Engineering offers specialisations in Computer Science & Engineering, Information Technology, Electronics & Communication Engineering, Applied Electronics & Instrumentation Engineering, and Electrical Engineering. RMU has applied for university status from the University Grant’s Commission of India (“UGC”) and is currently pending final approval.

 

Oriental University City

The Group owns and operates Oriental University City (”OUC”), a 2.8 million square metre self-contained campus located in Langfang, Hebei Province, China. Located approximately 50 km outside of Beijing, OUC enjoys good transport connectivity to the two major Chinese cities of Tianjin and Beijing.

 

OUC provides education services to the universities and colleges located on campus. In addition to RafflesEducationCorp’s Langfang Oriental Institute of Technology, nine other leading universities and colleges are currently situated at OUC with a student population of over 27,000. Notable education institutions include the Beijing University of Chinese Medicine, China Civil Aviation Management Institute, Beijing University Founder Technology College, as well as Beijing City University.

 

The Group continues to develop OUC into a university township. Higher education and auxiliary education services will be incorporated into the OUC business model to establish it as a tertiary vocational and technical education campus. This extension in business model allows OUC to meet the strong and increasing demand in China for highly skilled employees with professional qualifications.

 

Note: Student numbers and Colleges reflected as at FY2011.