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{{Short description|Fashion school in India}}
{{Use dmy dates|date=September 2018}}
{{Use dmy dates|date=September 2018}}
{{Use Indian English|date=September 2018}}
{{Use Indian English|date=September 2018}}
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| mottoeng =
| mottoeng =
| established = 1993
| established = 1993
| type = [[for-profit education|Private, for-profit]]
| type = [[private university|Private]]
| parent = [[Global University Systems]]
| parent = [[Global University Systems]]
| endowment =
| endowment =
| head = Nandita Abraham
| head = Aditi Srivastava
| head_label = President
| head_label = President
| students =
| students =
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}}
}}


'''Pearl Academy''' (formerly Pearl Academy of Fashion) is an [[India|Indian]] higher education institution, and is currently owned by [[for-profit education]] group [[Global University Systems]].
'''Pearl Academy''' (formerly Pearl Academy of Fashion) is an [[India|Indian]] higher education institution. As of 2019 it has been owned by the [[for-profit education]] group [[Global University Systems]].


== History ==
== History ==
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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|United Kingdom’s]] [[Nottingham Trent University]].<ref>{{cite web|url=https://dera.ioe.ac.uk/12603/1/RG429NottinghamCase.pdf/ |title=UK collaboration in India: institutional case studies |work=Quality Assurance Agency for Higher Education |access-date=21 January 2021}}</ref>
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|United Kingdom’s]] [[Nottingham Trent University]].<ref>{{cite web|url=https://dera.ioe.ac.uk/12603/1/RG429NottinghamCase.pdf/ |title=UK collaboration in India: institutional case studies |work=Quality Assurance Agency for Higher Education |access-date=21 January 2021}}</ref>


In July 2012, [[University Grants Commission (India)]] instructed Pearl Academy to stop awarding joint degrees with Nottingham Trent University, citing ‘mounting complaints against private institutes’.<ref>{{cite web|last=Sharma |first=Jeevan Prakash |url= https://www.hindustantimes.com/education/ugc-orders-pearl-academy-to-close-all-its-centres/story-kXVZGYvYXAbZanWi51JzcK.html |title=UGC Asks Pearl Academy to Close Degree Courses |work=Hindustan Times |access-date=21 January 2021}}</ref>
In July 2012, [[University Grants Commission (India)]] instructed Pearl Academy to stop awarding joint degrees with Nottingham Trent University, citing ‘mounting complaints against private institutes’.<ref>{{cite web|last=Sharma |first=Jeevan Prakash |url= https://www.hindustantimes.com/education/ugc-orders-pearl-academy-to-close-all-its-centres/story-kXVZGYvYXAbZanWi51JzcK.html |title=UGC Asks Pearl Academy to Close Degree Courses |work=Hindustan Times |date=9 July 2016 |access-date=21 January 2021}}</ref>


In 2015, concerns were raised about the validity of programmes delivered by the institution after an alumna reported that the [[Association of Indian Universities]] had ‘refused to recognise’ her degree from Pearl Academy.<ref>{{cite web|last=Sharma |first=Jeevan Prakash |url=https://www.hindustantimes.com/education/after-paying-rs-25l-they-have-degrees-that-are-not-valid-in-india/story-wV8GIsEEjQ1frTatCqJAjN.html |title=After paying Rs 25L, they have degrees that are not valid in India |work=Hindustan Times |access-date=21 January 2021}}</ref>
In 2015, concerns were raised about the validity of programmes delivered by the institution after an alumna reported that the [[Association of Indian Universities]] had ‘refused to recognize her degree from Pearl Academy.<ref>{{cite web|last=Sharma |first=Jeevan Prakash |url=https://www.hindustantimes.com/education/after-paying-rs-25l-they-have-degrees-that-are-not-valid-in-india/story-wV8GIsEEjQ1frTatCqJAjN.html |title=After paying Rs 25L, they have degrees that are not valid in India |work=Hindustan Times |date=July 2015 |access-date=21 January 2021}}</ref>


==Ownership==
==Ownership==


In 2011, Pearl became a part of the [[United States of America|US]]-based education group [[Laureate International Universities]] network.<ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/912766/000104746915007679/a2209311zs-1.htm |title=Laureate Education, Inc. - Class A Common Stock Filing |work=United States Securities and Exchange Commission |access-date=21 January 2021}}</ref>
In 2011, Pearl became a part of the [[United States of America|US]]-based education group [[Laureate International Universities]] network.<ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/912766/000104746915007679/a2209311zs-1.htm |title=Laureate Education, Inc. - Class A Common Stock Filing |work=United States Securities and Exchange Commission |access-date=21 January 2021}}</ref><ref>{{cite web|last=Gupta |first=Medha |url=https://preptube.in/news/pearl-academy-upes-may-face-trouble-as-us-based-education-giant-bids-goodbye-to-india-business/2018/11/02/ |title=Pearl Academy, UPES may face trouble as US-based education giant bids goodbye to India business |work=Preptube |date=2 November 2018}}</ref>


Laureate sold Pearl Academy to [[Netherlands]]-headquartered private education company [[Global University Systems]] in July 2019, as part of an [[Indian Rupee|INR]] 2,500 [[crores|crore]] deal for Laureate’s Indian business that also included the [[University of Petroleum and Energy Studies]].<ref>{{cite web|last=Lamba |first=Prerna |url=http://bweducation.businessworld.in/article/GUS-Buys-Out-Laureate-Education-India-Biz/08-07-2019-172950/ |title=GUS Buys Out Laureate Education India Biz |work=Business World |access-date=21 January 2021}}</ref>
Laureate sold Pearl Academy to [[Netherlands]]-headquartered private education company [[Global University Systems]] in July 2019, as part of an [[Indian Rupee|INR]] 2,500 [[crores|crore]] deal for Laureate's Indian business that also included the [[University of Petroleum and Energy Studies]].<ref>{{cite web|last=Lamba |first=Prerna |url=http://bweducation.businessworld.in/article/GUS-Buys-Out-Laureate-Education-India-Biz/08-07-2019-172950/ |title=GUS Buys Out Laureate Education India Biz |work=Business World |access-date=21 January 2021}}</ref>

Since the acquisition, Global University Systems has partnered with Pearl Academy and UPES through a [[subsidiary]] company in India, GUS Global Services.<ref>{{cite web|url=http://gusindia.global/about-us.aspx |archive-url=https://web.archive.org/web/20210125030225/https://www.gusindia.global/about-us.aspx |url-status=dead |archive-date=25 January 2021 |work=GUS Global Services |title=About GUS Global Services India |access-date=15 February 2021}}</ref>


==Campuses==
==Campuses==
{{As of|January 2021}} the institution is present in four cities across India, with a campus each in [[Mumbai]], [[Jaipur]] and [[Bengaluru]], and two in [[New Delhi]].<ref>{{cite web| url=https://pearlacademy.com/academics/centers/ |title=Pearl Campuses |work=Pearl Academy |access-date=21 January 2021}}</ref>
{{As of|January 2021}} the institution is present in four cities across India, with a campus each in [[Mumbai]], [[Jaipur]] and [[Bangalore]], and two in [[New Delhi (south and west)]].<ref>{{cite web| url=https://pearlacademy.com/academics/centers/ |title=Pearl Campuses |work=Pearl Academy |access-date=21 January 2021}}</ref>

==Notable Alumni==
*[[Alisshaa Ohri]], model


==References==
==References==
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[[Category:Universities and colleges in Delhi]]
[[Category:Universities and colleges in Delhi]]
[[Category:Design schools in India]]
[[Category:Design schools in India]]
[[Category:Business schools]]
[[Category:Business schools in India]]
[[Category:1993 establishments in Delhi]]
[[Category:For-profit universities and colleges]]
[[Category:Global University Systems]]

Latest revision as of 17:06, 20 December 2024

Pearl Academy
Former names
Pearl Academy of Fashion
TypePrivate
Established1993
Parent institution
Global University Systems
PresidentAditi Srivastava
Location
India
CampusNew Delhi, Mumbai, Jaipur, Bengaluru
WebsiteOfficial website

Pearl Academy (formerly Pearl Academy of Fashion) is an Indian higher education institution. As of 2019 it has been owned by the for-profit education group Global University Systems.

History

[edit]

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.[1]

In July 2012, University Grants Commission (India) instructed Pearl Academy to stop awarding joint degrees with Nottingham Trent University, citing ‘mounting complaints against private institutes’.[2]

In 2015, concerns were raised about the validity of programmes delivered by the institution after an alumna reported that the Association of Indian Universities had ‘refused to recognize her degree from Pearl Academy.[3]

Ownership

[edit]

In 2011, Pearl became a part of the US-based education group Laureate International Universities network.[4][5]

Laureate sold Pearl Academy to Netherlands-headquartered private education company Global University Systems 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.[6]

Since the acquisition, Global University Systems has partnered with Pearl Academy and UPES through a subsidiary company in India, GUS Global Services.[7]

Campuses

[edit]

As of January 2021 the institution is present in four cities across India, with a campus each in Mumbai, Jaipur and Bangalore, and two in New Delhi (south and west).[8]

Notable Alumni

[edit]

References

[edit]
  1. ^ "UK collaboration in India: institutional case studies". Quality Assurance Agency for Higher Education. Retrieved 21 January 2021.
  2. ^ Sharma, Jeevan Prakash (9 July 2016). "UGC Asks Pearl Academy to Close Degree Courses". Hindustan Times. Retrieved 21 January 2021.
  3. ^ Sharma, Jeevan Prakash (July 2015). "After paying Rs 25L, they have degrees that are not valid in India". Hindustan Times. Retrieved 21 January 2021.
  4. ^ "Laureate Education, Inc. - Class A Common Stock Filing". United States Securities and Exchange Commission. Retrieved 21 January 2021.
  5. ^ Gupta, Medha (2 November 2018). "Pearl Academy, UPES may face trouble as US-based education giant bids goodbye to India business". Preptube.
  6. ^ Lamba, Prerna. "GUS Buys Out Laureate Education India Biz". Business World. Retrieved 21 January 2021.
  7. ^ "About GUS Global Services India". GUS Global Services. Archived from the original on 25 January 2021. Retrieved 15 February 2021.
  8. ^ "Pearl Campuses". Pearl Academy. Retrieved 21 January 2021.

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