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The Davis University Designation Broadens Students' Academic Journeys which is Expected to Increase Enrollment and Revenue
MIDDLETOWN, Ohio, Nov. 28, 2023 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), ("EpicQuest Education", "EEIQ" or the "Company"), a provider of comprehensive education solutions for domestic and international students seeking college and university degrees in the US, Canada and the UK, today announced that effective November 18, 2023, the conversion of its owned and operated Davis College to Davis University has been approved by regulatory authorities. This new designation reflects the breadth of Davis University's academic programs including current and planned four-year degree programs which offer students a wide range of avenues to pursue different levels of education.
The new University designation strengthens Davis' mission which could lead to an increase in enrollment.
"We at Davis are proud of our new university designation as it reflects our success in broadening our academic programming designed to prepare students for their professional careers," commented Diane Brunner, President of Davis University. "This recognition adds to our reputation for providing quality education and positions us to further grow and strengthen our mission to provide a solid foundation for our students to pursue their academic journeys."
"We attract a diverse body of students from a wide range of backgrounds and believe that our university designation will bolster both our domestic and international recruiting. We will also continue to implement our core mission of internationalization that provides our students' optimal flexibility in pursuing their career goals which, at the same time, strengthens our operations," Ms. Brunner concluded.
Davis University ("Davis") currently offers a four-year Bachelor of Science in Business degree, and it is anticipated that Davis will add, among others, four-year degree programs in STEM and nursing to further expand its course offerings. EEIQ believes that the skills acquired in a four-year program can lead to a wide set of job opportunities, steady career advancement and increased earnings potential. It is anticipated that the new university designation and its new four-year programs will help to solidify Davis' many potential collaborations with colleges and universities around the world. It is also expected to bolster its international recruiting, as Davis currently has 102 international students enrolled as of the Fall 2023 quarter, a nearly three-fold increase over the same year-ago quarter.
Davis' designation as a university has been approved by the Higher Learning Commission, a national accreditor and the Ohio State Board of Career Colleges and Schools among other regulatory agencies. Parent company EEIQ anticipates that with its broader set of career options, Davis University will see an increase in its recruitment which could positively impact the Company's revenue stream.
Posted In: EEIQ
