A corporate university is an in-house educational institution or learning center established by an organization to provide learning and development opportunities for its employees. It serves as a strategic initiative to enhance employee skills, knowledge, and competencies, aligning them with the organization's goals and objectives. Corporate universities offer a wide range of training programs, courses, and resources to support employee growth and career development. Corporate universities play a crucial role in fostering a learning culture within the organization, promoting continuous learning, and improving employee engagement and retention.
ABC Corporation, a multinational company, has established its own corporate university to support the ongoing learning and development needs of its workforce.