2. Forward‐Looking Statements
Certain statements contained in this presentation concerning DeVry’s
DeVry s
future performance, including those statements concerning DeVry’s
expectations or plans, may constitute forward‐looking statements
subject to the Safe Harbor Provision of the Private Securities Litigation
Reform Act of 1995. These forward‐looking statements generally can be
identified by phrases such as DeVry Inc. or its management “believes,”
“expects ” “anticipates ” “foresees ” “forecasts ” “estimates” or other
expects, anticipates, foresees, forecasts, estimates
words or phrases of similar import. Actual results may differ materially
from those projected or implied by these forward‐looking statements.
Potential risks uncertainties and other factors that could cause results
risks,
to differ are described more fully in Item 1A, “Risk Factors,” in DeVry’s
most recent Annual Report on Form 10‐K for the year ending June 30,
2010 and filed with the Securities and Exchange Commission on August
25, 2010.
p2
3. Thesis on Education Industry
> Size and growth
> Attractive industry
structure
> Growing recognition
of vital role
of vital role
p3
4. Business,Technology Medical & Professional Other Educational
& Management Healthcare Education Services
p4
10. Student Outcomes
For the three terms ended February 2010; graduates in the active job market employed in their
field within six months of graduation and those employed in their field prior to graduation.
p10
17. Strong Financial Position (in millions)
Cash Debt
$462
$125 $125
$323
$277
$225
$131 $129
$0 $0 $0 $0
FY06 FY07 FY08 FY09 FY10 FY11 FY06 FY07 FY08 FY09 FY10 FY11
As of
A f f
As of
12/31 12/31
p17
22. Our Strategic Plan – Grow
Grow.
> Technology
> Business
> Healthcare
> Applied Arts
> Education
p22
23. Grow.
Grow
Health Professions
ea
14 out of 20
fastest growing occupations
g g p
Source: Bureau of Labor Statistics;
p23
Occupational Outlook Handbook 2010‐11 Edition
24. Grow.
Grow
Supply‐Demand Imbalance
pp y ba a ce
Source: Association of American Medical Colleges, FACTS 2010
p24
25. Grow.
Grow
Leading Provider of:
ead g
> New
> African‐American
African American
> Primary Care
Physicians
Source: Association of American Medical Colleges and Ross University
p25
28. Grow.
Grow
Total Students/Coursetakers 2010 2009 % Change
DeVry University
Undergraduate Students – Summer 2010 73,543 64,003 +14.9%
Graduate Coursetakers – November 2010 23,199 23,734 +11.9%
Online Coursetakers – July 2010 76,473 63,264 +20.9%
Chamberlain College of Nursing
Fall 2010 8,862 5,617 +57.8%
Ross University
September 2010 4,567
4 567 4,601
4 601 (0.7)%
(0 7)%
Carrington College/Carrington College California
November 2010 110,942 11,695 (6.4)%
DeVry Brasil
September 2010 11,972 11,532 +3.8%
p28
32. Grow.
Grow
Projected Market Growth
j
By 2019, 50% Will Take
Online Courses
Source: Christensen, Clayton M., Disrupting Class; How Disruptive Innovation Will Change the Way the World Learns
p32
33. Grow.
Grow
Build the Brand
Enhance B2B Relationships
Grow Becker International
p33
34. Grow.
Grow
Horizontal Diversification – Enrollments by Degree
by eg ee
Total Enrollment: Total Enrollment:
43,300 100,000+
5% Doctoral
14% Master’s
15% Master’s
Bachelor’s
68% 48% Bachelor’s
Associate/
22% Certificate
Associate/
18% Certificate 10% High School
2002 2009 p34
41. Doing Well By Doing Good.
Good
DeVry University: Bringing Technology Education to Kenya
Providing computer labs
for 15 schools impacts
more than 16,000 Kenyan
K-12 school children.
p41
42. Compliance
Risk
management
Compliance is
and compliance
Maintain high embedded in
are the
standards of the processes
p
responsibility
performance and mindset of
of each
and integrity all managers
business unit
and employees
a d sta
and staff
function
p42
43. Compliance Approach
Create policies and procedures to promote appropriate behavior
Provide training on rules, regulations and policies
Document, monitor and audit efficacy
Provide anonymous feedback and complaint vehicles
Track and share best practices
Communicate
p43
44. Experienced Leadership Team
Daniel Hamburger President & Chief Executive Officer Grainger, Accenture, Donnelley
Chris Caywood President,
President DeVry Online Services Kaplan
Greg Davis General Counsel Accenture, LaPetite Academy
Jeff Elliott President, Advanced Academics Tribune Education
Rick Gunst
150+ Years
Carlos Filgueiras President, Fanor
Chief Financial Officer
EBX Express
PepsiCo, Gatorade
Bill Hughson
of Education
f Ed ti
Susan Groenwald President, Chamberlain College of
Nursing
President, Medical & Healthcare
Focused Health Solutions
Davita, Noah’s Bagels
Industry Experience
Industry Experience
Group
Donna J
D Jennings
i SVP, H
SVP Human R
Resources Velsicol Chemical
V l i l Ch i l
George Montgomery President, Carrington Colleges Group Taylor Made Golf, K2 Corp.
Dave Pauldine President, DeVry University Education Management
Steve Riehs President, K through 12, international BrainX, Kaplan
and professional education
John Roselli President, Becker Professional Accenture, Grainger, Ernst &
Education Young
Tom Shepherd President, Ross University Bastyr University
Sharon Thomas Parrott SVP, Compliance and External Dept. of Education
Relations
45. DeVry Inc Board of Directors
Inc.
Harold Shapiro David Brown Gary Butler
Board Chair Attorney-at-Law President &
President Emeritus Retired CEO
Princeton University ADP
Connie Curran Daniel Hamburger Darren Huston
President President & CEO Corp. Vice President
Curran & Associates DeVry Inc. Consumer & Online
Microsoft Corp.
William Keevan Lyle Logan Julie McGee
Senior Advisor Managing Director Retired President &
C ess Consulting
Chess Co su t g Northern Trust Bank CEO
Harcourt Achieve
Fernando Ruiz Ron Taylor
Lisa Pickrum Sr. Advisor, Retired
Vice President &
Exec. Vice Pres. & COO CEO & Co-founder
Treasurer
The RJL Cos. Dow Chemical DeVry Inc.
p45
