History
Drexel University was founded in 1891 as the Drexel Institute of Art, Science and Industry by Philadelphia financier and philanthropist Anthony J. Drexel to provide educational opportunities in the “practical arts and sciences” for women and men of all backgrounds. Drexel became the Drexel Institute of Technology in 1936, and in 1970 Drexel Institute of Technology gained university status, becoming Drexel University. Although there were many changes during its first century, the university's identity has been held constant as privately controlled, non-sectarian, coeducational center of higher learning, distinguished by a commitment to preparing both men and women for future success. Drexel's cornerstone of the career preparation, the cooperative education program, was introduced in 1919.The program became integral to the university's unique educational experience. Participating students alternate periods of classroom based study with periods of full-time practical work experience related to their academic and career interests.
From 1995 to 2009, the president of Drexel University, Dr. Constantine Papadakis, led the institution towards significant change. President Papadakis oversaw Drexel's largest expansion ever, the endowment increased +471% to $540M, and total enrollment increased +102% to 18,466. The institution continued to climb in the rankings, became more selective, and obtained a more academically talented student body. During the expansion, Drexel was officially united with the former MCP Hahnemann University, creating the Drexel University College of Medicine in 2002; and in the fall of 2006, Drexel established its School of Law, which was fully accredited by American Bar Association (ABA) in 2011.
In April 2009, Dr. Constantine Papadakis, died of pneumonia. His successor is Mr. John Anderson Fry, formerly the president of Franklin & Marshall College and the Executive Vice President of University of Pennsylvania.
In July 2011, Drexel acquired The Academy of Natural Sciences. The agreement created an international powerhouse for discovery in the natural and environmental sciences.
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