Since its founding, Monash South Africa (MSA) has experienced numerous ownership changes. Located in Roodepoort, Johannesburg, MSA was established in 2001 as a campus of Monash University, an Australian university. A joint venture was established in 2013 with Laureate Education Inc., a U.S.-based education firm, owning a 75% ownership and Monash University holding a 25% stake.
What You Must Know
Monash South Africa (MSA), established in 2001 in Roodepoort, Johannesburg, has undergone significant ownership transformations over the years. Initially founded as a campus of Monash University, an esteemed Australian institution, MSA aimed to extend Monash’s educational offerings to the African continent.
In 2013, a pivotal shift occurred when Monash University entered into a joint venture with Laureate Education Inc., a U.S.-based education firm. This arrangement allocated a 75% ownership stake to Laureate and retained 25% with Monash University. The collaboration sought to leverage Laureate’s global network to enhance MSA’s educational impact in South Africa.
By 2018, both Monash University and Laureate Education decided to exit the South African market, leading to the sale of MSA to The Independent Institute of Education (The IIE), South Africa’s largest private higher education provider and a wholly owned subsidiary of the JSE-listed ADvTECH Group. This acquisition was finalized in April 2019, marking a new chapter for the institution .Wikipedia+4Monash University+4IIE MSA+4
Following the acquisition, MSA was rebranded as IIE MSA. This transition integrated MSA into The IIE’s extensive portfolio of educational institutions, ensuring the continuation and expansion of quality higher education offerings in South Africa .Wikipedia+1IIE MSA+1IIE MSA
Today, IIE MSA stands as a testament to adaptive growth in the educational sector, benefiting from the robust support and expertise of The IIE and the ADvTECH Group. This evolution underscores the dynamic nature of educational institutions and their capacity to transform in response to changing market landscapes.Monash University+2IIE MSA+2LinkedIn+2
For prospective students and stakeholders, understanding this history is crucial, as it highlights IIE MSA’s commitment to providing quality education backed by a legacy of international collaboration and local expertise.