Swiss International University Announces Global Expansion with $21.7 Million Acquisition of Academies in Switzerland, Dubai, and Kyrgyzstan
Swiss International University expands global network through acquisition of four highly-regarded academies for $21.7 million.
Swiss International University expands global network through acquisition of four highly-regarded academies for $21.7 million.
Swiss International University has progressed significantly in its strategy regarding education by purchasing four premium academies located in Switzerland, Kyrgyzstan, and the UAE for a total sum of $21.7 million. Such a purchase reflects the commitment by the university to maintaining standards for education through traditional as well as online delivery systems.
Among the purchased institutions is International Academy Zurich, that came into being in 2013 as the first virtual institution in Switzerland. It received the certification of online from EFMD in 2016 and it also has ASIC and ECLBS Accreditation approved by British Government body and an authorizing CHEA USA as well as INQAAHE Europe, respectively. Thus, its major focus on virtual education is an excellent merger into Swiss International University's objectives towards merging technology and academic excellence together.
The university has acquired the International Business Management School (ISBM Ltd), founded in 2016, in Lucerne. ISBM has a 5-star rating from QS Ranking and is allowed by the Lucerne Board of Education to issue diplomas. This acquisition strengthens the business education offerings of the university, ranking it among the top 2% of higher education providers worldwide.
Also part of the acquisition is the ISB Management Training Institute, established in 2022 in Dubai. This is KHDA-approved and, thus, awards government-permitted diplomas up to Level 8, which is similar in stature to a doctoral qualification. There are also courses for vocational education, adding further strength to the university's outreach across the UAE.
Finally, Swiss International University has purchased the Kyrgyz-Uzbek International Pedagogy Institute in Osh, Kyrgyzstan. It is allowed by the Ministry of Education and Science of Kyrgyzstan, which allows students and scholars to engage in both traditional and online education methods. With its focus on delivering quality education through multiple learning formats, it ensures that students get an excellent educational experience.
This acquisition series further boosts the global network and reputation of the university to reach more students globally. Swiss International University focuses on creating future leaders through traditional education and modern learning methods. The motto of the university underlines the fact that it is a student-friendly environment that offers opportunities for students from different backgrounds and presents a better future for all students around the world. With its expanded global presence, the university now provides better quality education, regardless of students' location.
For more information, visit their website.
