Capella University
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| Type | For-profit (NASDAQ: CPLA) |
|---|---|
| Established | 1993 |
| President | Richard Senese |
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Administrative staff
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1,519 |
| Students | 35,889 |
| Location | Minneapolis, Minnesota, United States |
| Campus | Online |
| Colors | Purple and old gold |
| Website | www |
Capella University is a for-profit institution of higher learning in Minneapolis, Minnesota. The school is owned by the publicly traded Capella Education Company and delivers most of its education online.
Within those areas, Capella has 142 graduate and undergraduate specializations and 25 certificate programs with over 1600 online courses. Approximately 36,000 students are enrolled from all 50 states and 61 other countries, with 29 percent enrolled in doctoral programs, 42 percent enrolled in master's programs, and 26 percent enrolled in bachelor's programs. A faculty of 1,488 faculty with 86 percent holding doctoral degrees. Capella faculty live in 48 states and 6 countries.
Capella University was originally established as The Graduate School of America by Dr. Harold Abel and Stephen Shank in 1993. Shank was the former CEO of Tonka. Abel, formerly the president of Castleton State College, Central Michigan University, and Walden University, became the first president of the institution.
In 1997, Capella University received regional accreditation. Two years later the parent company and university were renamed Capella Education Company and Capella University, respectively. In 2000, Capella began to offer bachelor's degree programs. Six years later, in 2006, Capella Education Company became a publicly traded company (NASDAQ: CPLA).
In 2007, Capella was named one of 86 higher education institutions in the United States to have received the National Centers of Academic Excellence in Information Assurance Education (CAEIAE) designation by the National Security Agency (NSA). The designation was valid for the academic years 2007 through 2012.
In March 2008, Capella Education Co., longtime occupant of the 225 South Sixth skyscraper in downtown Minneapolis, signed a new lease that expanded its office and renamed the building Capella Tower. The building houses all of the company's 1,150 downtown Minneapolis administrative staff.
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