Navitas (also known as Navitas Limited, previously known as IBT Education) is an Australian owned for-profit private education services company, owning various private education providers internationally. It is the largest private non-university higher education provider in Australia. Navitas made A$929.69 million in total sales in 2018, through its various subsidiaries and pathways programs in association with 11 public universities in Australia. Navitas was established in 1994, as the Perth Institute of Business and Technology (PIBT). The company was co-founded by Rod Jones and Dr Peter Larsen, as a joint venture with Edith Cowan University. Both founders had career backgrounds in education and education administration, and recognised a gap in the tertiary education sector, where international students, despite being equally capable as domestic students, were failing their courses due to lack of support. Following a partnership deal with a university in the United Kingdom in 2000, the company made its first international expansion. Four years onward, following success in this venture and the further establishment of pathways colleges, the company was listed publicly on the Australian Securities Exchange as IBT Education, being the first Australian education company to do so. More information...
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