![]() “With more than 1,700 courses, OnCourse Learning will provide added breadth and depth to our program offerings, so we can serve a broader range of needs in the financial services sector,” said Mehul Patel, group president of Adtalem’s financial services business. The financial services division of OnCourse Learning generated nearly $31 million in revenues in calendar year 2018 and delivered a favorable EBITDA margin profile of over 30 percent. More than 300,000 mortgage students, both beginners and professionals, have completed these programs nationwide. We are thrilled to welcome the OnCourse Learning team to Adtalem.”Īdtalem will acquire the financial services portfolio, including sub-brands such as BankersEdge and TTS, leading providers of compliance training to the banking and credit union markets, as well as OnCourse Learning’s mortgage licensing and continuing education programs, which are approved by the Nationwide Multistate Licensing System & Registry. This transaction expands our reach across the governance, risk and compliance sector and enhances our ability to meet the current and future needs of employers in the dynamic financial services industry. “The OnCourse Learning solution set greatly expands our financial services portfolio and is complementary to our existing banking, accounting and compliance program offerings. “This acquisition aligns with Adtalem’s enterprise strategy, strengthening our position as a leading workforce solutions provider,” said Lisa Wardell, president and CEO of Adtalem. OnCourse Learning is owned by Bertelsmann, an international media, services and education company. The total consideration for the transaction is approximately $121 million in cash, subject to customary post-closing adjustments, and is expected to close in the fiscal fourth quarter of 2019. (NYSE: ATGE), a leading workforce solutions provider, announced it has entered into a definitive agreement to acquire the financial services division of OnCourse Learning, a Brookfield, Wisconsin-based leading provider of compliance training, licensure preparation, continuing education and professional development across the United States. OnCourse Learning is here to help you through every step of your mortgage lending career – getting your MLO license, renewing your MLO license and helping you become an #MLOrockstar.Adtalem Global Education Inc. Choose from online self-paced video, online self-paced text, online instructor lead (OIL) and webinar - any of which can be completed anywhere at anytime. Our training is available in multi-modal formats that cater to every learning style. ![]() We're passionate about connecting students with the professional development solutions they need - at any career stage. Professional development training is an investment you can make in yourself to help advance your mortgage career, grow your business, and make the commitment to lifelong learning. Our mortgage CE courses are updated annually with fresh content and are NMLS-approved. We offer a complete library of NMLS approved mortgage continuing education (CE) to help Mortgage Loan Originators stay licensed. Take your Mortgage license test prep to the next level with Prep xL where you’ll get personalized study materials and customized learning paths all designed to help you pass the NMLS mortgage license exam on your first try. Our exam preparation courses help aspiring MLOs prepare for the NMLS license test. We’ve got what you need – our NMLS approved national pre-license and state-specific elective courses - approved for all 50 states - fulfill the education requirements to take the NMLS exam. Want to become a licensed mortgage loan originator (MLO)? Plus, over the course of our 40+ year history we have trained over 200,000 individuals with our engaging NMLS approved licensure and continuing education courses. ![]() Over 10,000 financial institutions and partners have adopted OnCourse Learning solutions to efficiently manage complexity, change and growth. ![]() Education to Support Your Mortgage Loan Officer (MLO) Career
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