Apart from buying and selling human brains, I also do some corporate training. This doesn't require any special license, except City Council - though it helps a little to have DIT and PTAK (min. of labour).
For a college, I think one needs to get license from Min of Educ and the C.H.E.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.