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Motto | Everything Could Happen |
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Type | Subsidiary |
Established | 1895 |
Location | Headquarters in Sydney , |
Campus | Online Distance Learning |
Affiliations | Early Childhood Australia, Institute of Certified Bookkeepers, Association of Accounting Technicians, National Safety Council of Australia, International Council for Open and Distance Education |
Website | www |
Open Colleges Australia (OC) is an online vocational education organisation based in Australia. Open Colleges was previously known as Cengage Education, formerly International Correspondence Schools (ICS), the first distance education provider registered in Australia.
OC offers online courses covering subjects including business, health, childhood education, trades, design, and technology. In the last decade, OC has trained over 450,000 students.[citation needed]
Originally established as the International Correspondence Schools in Australia, the company was bought by Harcourt Learning Direct in 1997,[1] and then by Thomson Education Direct in 2001[1] and became a part of Thomson Learning. The company name was changed to Thomson Education Direct.
In 2007, Thomson Learning was acquired by a private equity consortium consisting of Apax Partners and OMERS Capital Partners and the name was changed to Cengage Learning in July 2007. Thomson Education Direct was renamed Cengage Education.
In November 2010 Cengage Learning entered into an agreement with the Open Colleges Group for the sale of Cengage Education.
In December 2013, Apollo Group acquired a majority stake in Open Colleges Group.
Open Colleges has developed two distinct subsidiaries upon acquiring Cengage Education in 2010.