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 Global University Systems B.V. (GUS) is a private limited company registered in the Netherlands. As a corporate group, it owns and operates several private for-profit colleges and universities in the UK, Canada, Israel and Europe, as well as oth ...

History

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 Nottingham Trent University (NTU) is a public research university in Nottingham, England. It was founded as a new university in 1992, although its roots go back to 1843 with the establishment of the Nottingham Government School of Design, w ...

. 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’. In 2015, concerns were raised about the validity of programmes delivered by the institution after an alumna reported that the

Association of Indian Universities Association of Indian Universities (AIU) is an organisation and association of major universities in India. It is based in Delhi. It evaluates the courses, syllabi, standards, and credits of foreign Universities pursued abroad and equates them i ...

had ‘refused to recognize her degree from Pearl Academy.

Ownership

In 2011, Pearl became a part of the US-based education group

Laureate International Universities Laureate Education, Inc. is a corporation based in Miami, Florida, United States. The firm owns and operates Laureate International Universities, with campuses in Mexico and Peru. The company is publicly traded on the Nasdaq. Corporate history ...

network. Laureate sold Pearl Academy to Netherlands-headquartered private education company

in July 2019, as part of an INR 2,500

crore A crore (; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is e ...

deal for Laureate's Indian business that also included the University of Petroleum and Energy Studies. Since the acquisition, Global University Systems has partnered with Pearl Academy and UPES through a

subsidiary A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...

company in India, GUS Global Services.

Campuses

the institution is present in four cities across India, with a campus each in Mumbai, Jaipur and Banglore, and two in New Delhi (south and west).

References

{{authority control Educational institutions established in 1993 Fashion schools in India Universities and colleges in Delhi Design schools in India Business schools in India 1993 establishments in Delhi