Capella University is a for-profit online university with partial residency requirements during the course of study, based in Minneapolis, Minnesota. The school is owned by the publicly traded Capella Education Company. Capella University offers bachelor's, master's (MS and MBA) and doctoral (PhD and PsyD) degrees in business, information technology, education, psychology, public health, public safety and human services. Within those areas, Capella has 136 graduate and undergraduate specializations and 17 certificate programs with over 1050 online courses. Nearly 40,000 learners are enrolled from all 50 states and 59 other countries, with 31% enrolled in doctoral programs, 47 percent enrolled in master's programs, and 21 percent enrolled in bachelor's programs. A faculty of 1,488 professors with 83 percent holding doctoral degrees. Capella faculty live in 47 states and 6 foreign countries. What is now Capella University was established in 1991 by Dr. Harold Abel and Stephen Shank, former CEO of Tonka, who believed adults were an academically underserved population by traditional universities. In 1993, Dr.