2. Forward-Looking Statements
Certain statements contained in this presentation concerning
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 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 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, 2011.
3.
Business,Technology Medical & International, K-12 and
& Management Healthcare Professional Education
12. Financial Highlights
(in millions)
Revenue Net Income
$1,636 $255
$1,584
-3%
-48%
$187*
$54**
$133
FY11 FY12 FY11 FY12
1st Nine Months 1st Nine Months
*Represents YTD FY12 net income before impairment charge and gain on sale.
**Discrete item of Carrington impairment charge net of sale of Stalla.
13. DeVry Inc. Total Enrollment
140,000 130,957
126,165
120,000 -3.7%
100,000
80,000
60,000
40,000
20,000
0
2011 2012
Spring 2012 enrollment for DeVry’s degree-granting institutions.
Excludes Becker and Advanced Academics.
17. 5 Point Performance
Improvement Plan
1. Aligning costs with enrollment
levels
• $25m since 3Q11
• Additional $50m in FY13
• Focused on DeVry University
and Carrington Colleges
18. 5 Point Performance
Improvement Plan
1. Aligning costs with enrollment
levels
2. Enhance recruiting process
3. Improve awareness building
19.
20. 5 Point Performance
Improvement Plan
1. Aligning costs with enrollment
levels
2. Enhance recruiting process
3. Improve awareness building
4. Targeted investments
to drive growth
23. 5 Point Performance
Improvement Plan
1. Aligning costs with enrollment
levels
2. Enhance recruiting process
3. Improve awareness building
4. Targeted investments
to drive growth
5. Invest in DeVry’s people
27. Our Strategic Plan
Superior student outcomes
• High-quality, career-oriented academics
• Service excellence
• Innovative educational technology
28. Our Strategic Plan
and diversify
• Program areas
• Levels of education
• Geographic
29. Diversification: Program Areas
Total Enrollment: Total Enrollment:
43,300 120,000+
30% Business 27% Healthcare
45% Business
70% Technology
28% Technology
Fall 2002 Fall 2010
* Based on data provided to IPEDs; excludes enrollments
at Advanced Academics and Becker Professional Education.
30. Diversification: Level of Education
Total Enrollment: Total Enrollment:
43,300 120,000+
5% Doctoral
14% Master’s
21% Master’s
68% Bachelor’s
56% Bachelor’s
18% Associate/ Associate/
Certificate 19%
Certificate
Fall 2002 Fall 2011
* Based on data provided to IPEDs; excludes enrollments
at Advanced Academics and Becker Professional Education.
