Woodbury University
| Type | Private |
|---|---|
| Established | 1884 |
| Endowment | $18.6 Million |
| President | David M. Steele-Figueredo, Ph.D. |
| Students | 1,500+ |
| Undergraduates | 1,249 (acceptance rate 56.6%) |
| Postgraduates | 169 |
| Location | Los Angeles, Burbank, and San Diego, California, USA |
| Campus | Suburban, 22.4 acres (9.1 ha) |
| Website | woodbury.edu |
Woodbury University is a private, non-profit, coeducational, nonsectarian university located in Burbank, Los Angeles County; and a satellite campus in San Diego, both in Southern California. It offers undergraduate and graduate degrees from four schools: Architecture; Business; Media, Culture & Design; and Liberal Arts.
In recent years, declining enrollment has stressed operating performance for this highly tuition dependent university. In 2013, Moody's adjusted the outlook of the university to negative.
The school was founded in 1884 as Woodbury's Business College by its namesake, F. C. Woodbury, formerly a partner in Heald's Business College in San Francisco, thus making it the second oldest institution of higher learning in Los Angeles and one of the oldest business schools west of Chicago. That historic link between Woodbury and the world of business has been maintained throughout the years. Woodbury was coeducational from its founding, making it one of the earliest colleges West of the Mississippi to admit women. The original mission of Woodbury University was to educate Los Angeles residents in the practical areas of business: bookkeeping, commercial law, and telegraphy. For a time, Woodbury could boast that 10% of Los Angeles' citizenry were attending the institution and its earliest alumni lists form a literal who's who of 19th century Los Angeles.
In 1931, the division of professional arts was established to focus on those fields of design that are closely allied to business: commercial art, interior design, and fashion design. Woodbury then became a college of business administration and design. In 1969, Woodbury introduced a graduate program leading to the Master of Business Administration (MBA) degree. In 1974, Woodbury College became Woodbury University.
In 1982, Computer Information Systems was added as a major, followed in 1984 by Architecture. In 1987, the Weekend College program for working adults was established with the aid of grants from The Fletcher Jones Foundation and The William Randolph Hearst Foundation. In 1994 the university formally organized its undergraduate and graduate programs into three schools: the School of Architecture and Design, the School of Arts and Sciences, and the School of Business and Management. That year three majors in the School of Arts and Sciences came into being: Psychology, Politics & History and Liberal Arts & Business. Additional undergraduate degree programs have been added in the areas of Marketing, Animation Arts, Communication, and Leadership.
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