Pearl Academy (formerly Pearl Academy of Fashion) is an
Indian
Indian or Indians may refer to:
Peoples South Asia
* Indian people, people of Indian nationality, or people who have an Indian ancestor
** Non-resident Indian, a citizen of India who has temporarily emigrated to another country
* South Asia ...
higher education institution. As of 2019 it has been owned by the
for-profit education
For-profit education (also known as the education services industry or proprietary education) refers to educational institutions operated by private, profit-seeking businesses. For-profit education is common in many parts of the world, making up ...
group
Global University Systems
Global University Systems B.V. (GUS) is a private limited company registered in the Netherlands. As a corporate group, it owns and operates several private for-profit colleges and universities in the UK, Canada, Israel and Europe, as well as oth ...
.
History
Pearl Academy of Fashion was set up in 1993 by the House of Pearl Fashion’s education arm Little People Education Society. In 1995, Pearl started offering students degrees validated by the
United Kingdom’s Nottingham Trent University
Nottingham Trent University (NTU) is a public research university in Nottingham, England. It was founded as a new universities, new university in 1992, although its roots go back to 1843 with the establishment of the Nottingham School of Desi ...
.
In July 2012,
University Grants Commission (India)
University Grants Commission (UGC) is a statutory body set up by the Department of Higher Education, Ministry of Education,
Government of India in accordance to the UGC Act 1956 and is charged with coordination, determination and maintenance ...
instructed Pearl Academy to stop awarding joint degrees with Nottingham Trent University, citing ‘mounting complaints against private institutes’.
In 2015, concerns were raised about the validity of programmes delivered by the institution after an alumna reported that the
Association of Indian Universities
Association of Indian Universities (AIU) is an organisation and association of major universities in India. It is based in Delhi. It evaluates the courses, syllabi, standards, and credits of foreign Universities pursued abroad and equates them ...
had ‘refused to recognize her degree from Pearl Academy.
Ownership
In 2011, Pearl became a part of the
US-based education group
Laureate International Universities
Laureate Education, Inc. is a corporation based in Miami, Florida, United States. The firm owns and operates Laureate International Universities, with campuses in Mexico and Peru.
The company is publicly traded on the Nasdaq.
Corporate history ...
network.
Laureate sold Pearl Academy to
Netherlands
)
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, image_map =
, map_caption =
, subdivision_type = Sovereign state
, subdivision_name = Kingdom of the Netherlands
, established_title = Before independence
, established_date = Spanish Netherl ...
-headquartered private education company
Global University Systems
Global University Systems B.V. (GUS) is a private limited company registered in the Netherlands. As a corporate group, it owns and operates several private for-profit colleges and universities in the UK, Canada, Israel and Europe, as well as oth ...
in July 2019, as part of an
INR 2,500
crore deal for Laureate's Indian business that also included the
University of Petroleum and Energy Studies
The University of Petroleum & Energy Studies, commonly known and doing business as UPES, is a private university in Dehradun, made up of the School of Engineering, the School of Computer Science, the School of Design, the School of Law, the Sch ...
.
Since the acquisition, Global University Systems has partnered with Pearl Academy and UPES through a
subsidiary company in India, GUS Global Services.
Campuses
the institution is present in four cities across India, with a campus each in
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ...
,
Jaipur
Jaipur (; Hindi: ''Jayapura''), formerly Jeypore, is the capital and largest city of the Indian state of Rajasthan. , the city had a population of 3.1 million, making it the tenth most populous city in the country. Jaipur is also known as ...
and
Banglore
Bangalore (), List of renamed places in India, officially Bengaluru (), is the Capital city, capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan area, metropolitan population of a ...
, and two in
New Delhi (south and west).
References
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Educational institutions established in 1993
Fashion schools in India
Universities and colleges in Delhi
Design schools in India
Business schools in India
1993 establishments in Delhi