This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

CIBT Launches New Division Global Education Alliance

Stocks in this article: MBA

CIBT Education Group Inc. (NYSE MKT: MBA and TSX: MBA) (“CIBT Group” or the “Company”) is pleased to announce that it has launched a new division called Global Education Alliance (“GEA”) and its website www.myGEA.ca.

GEA is a student referral service for a list of carefully selected schools in Canada and the U.S. GEA will leverage CIBT Group’s extensive international agent network and existing academic partnerships in various countries to increase international enrollments at its North American partner schools, which include high ranking primary and secondary schools, and public and private universities in Canada and the United States.

According to a report by NAFSA (an Association of International Educators), international students contributed $21.8 billion to the U.S economy in the 2011 academic year. Another research report, commissioned by the Ministry of Economic Development Canada, indicated that international students contributed over C$8.04 billion to the Canadian economy in 2010, and created 81,000 jobs.

Desire to recruit international students is growing rapidly among North American schools and universities due to the tightening of student loans and reduced education budgets. These factors have resulted in a steady decline in revenues and enrollment levels across the education sector. To overcome their reliance on student loans and other forms of government funding, North American schools are increasing their efforts to attract international students to study at their schools, as international students do not have access to the student loan system and government funding is typically not provided. Although increasing international enrollments is a common goal among North American schools, most are unable to pursue the opportunity due to the lack of international recruitment experience, inability to access infrastructure abroad, and the extensive capital and human resource requirements. We believe that GEA has the ability, experience and infrastructure to assist North American schools with overcoming these issues.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,430.20 +42.99 0.25%
S&P 500 2,029.65 +0.10 0.00%
NASDAQ 4,692.1550 +10.6580 0.23%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs