Tom Vucinic

President

Tom Vucinic

President

Becker Professional ReviewBecker Professional Review

CPA Exam

CFA Exam

Other ProfessionalCertification Prep

Fin

an

ce

Accou

ntin

gContinuing Professional Education

StrategyStrategy

Build strong brands CPA Review – Solidify leadership position CPE – Leverage Becker brand CFA – Gain Share Leverage Stalla brand in finance

profession Expand globally

Build strong brands CPA Review – Solidify leadership position CPE – Leverage Becker brand CFA – Gain Share Leverage Stalla brand in finance

profession Expand globally

Growth DriversGrowth Drivers

Candidate pipeline and demand – SOX Candidate pipeline and demand – SOX

Growing SupplyGrowing Supply

0

10000

20000

30000

40000

50000

60000

70000

Trend in Accounting Degrees Awarded

Bachelors

Masters

Total Degrees Awarded

Accounting degrees awarded on the upswing

Source: AICPA - The Supply of Accounting Graduates and

the Demand for Public Accounting Recruits – 2005

Growing DemandGrowing Demand

Source: AICPA - The Supply of Accounting Graduates and

the Demand for Public Accounting Recruits – 2005

-5,000

10,000 15,000 20,000 25,000 30,000

Accounting Graduate Hires

-5,000

10,000 15,000 20,000 25,000 30,000

Accounting Graduate Hires61% increase in anticipatedAccounting Graduate Hires

since 2002

161

190

211

230

0

50

100

150

200

250

FY05 FY06 FY07 FY08

Par

ts (

000)

Fiscal Year

Exam Parts

Increased CPA Exam Parts TakenIncreased CPA Exam Parts Taken

Exam parts projectedBy AICPA to

grow 9% in FY08

18%

11%

9%

Source: AICPA

Candidate Pipelineand DemandCandidate Pipelineand Demand

The wind is at our backs…

Accounting is RED hot

The wind is at our backs…

Accounting is RED hot

Growth DriversGrowth Drivers

Candidate pipeline and demand – SOX B2B focus – Top 100 firms

– New service offerings

– Reorganization

Candidate pipeline and demand – SOX B2B focus – Top 100 firms

– New service offerings

– Reorganization

Over 600Partners

Growth DriversGrowth Drivers

Candidate pipeline and demand – SOX B2B focus – Top 100 firms

– New service offerings

– Reorganization

Flexibility – 1 product, 3 deliveries New products Student success

Candidate pipeline and demand – SOX B2B focus – Top 100 firms

– New service offerings

– Reorganization

Flexibility – 1 product, 3 deliveries New products Student success

Pass RatesPass Rates

JOA50th

CongratulationsAd

Becker students pass at twice the rate of all CPA exam candidates who did not take a Becker review course, based on averages of AICPA – published pass rates….and

Becker students pass at twice the rate of all CPA exam candidates who did not take a Becker review course, based on averages of AICPA – published pass rates….and

Pass Rates Pass Rates

7 of top 10 scorerson the CPA exam

were Becker students…and

7 of top 10 scorerson the CPA exam

were Becker students…and

Growth Drivers Growth Drivers

Repositioned Stalla study system B2B focus – Target top 10 North

America markets Expanded CFA Society relationships

Repositioned Stalla study system B2B focus – Target top 10 North

America markets Expanded CFA Society relationships

CFA Society Relationships CFA Society Relationships

Growth Drivers Growth Drivers

Repositioned Stalla study system B2B focus – Target top 10 North

America markets Expanded CFA Society relationships Grow internationally – Target Asia New products – Mock Final Exam

Repositioned Stalla study system B2B focus – Target top 10 North

America markets Expanded CFA Society relationships Grow internationally – Target Asia New products – Mock Final Exam

Professional & Training Segment PerformanceProfessional & Training Segment Performance

36

6

44

15

54

19

37

13

49

18

0

20

40

60

FY 04 FY 05 FY 06 FY 06 thruQ3

FY 07 thruQ3

Revenue Operating Income

36

6

44

15

54

19

37

13

49

18

0

20

40

60

FY 04 FY 05 FY 06 FY 06 thruQ3

FY 07 thruQ3

Revenue Operating Income

In $ M

50 Years50 Years

Stood the testof time…

…but notstanding still

Stood the testof time…

…but notstanding still