Laureate Education, Inc., was founded in 1998. The company operates a series of degree-granting higher education institutions in Mexico and Peru. These institutions, collectively known as Laureate International Universities network, are leading brands in their respective markets, offering a broad range of undergraduate and graduate degrees through on-campus, online and mixed programs. The company's facilities in Mexico and Peru operate within a large-scale national network that has advantages in sharing infrastructure, technology, curriculum and operational best practices. The company's students attend traditional, campus-based institutions that offer multi-year degrees with an average course length of four years, similar to leading private and public higher education institutions in developed markets such as the United States and Europe.