Premium Essay

Education Sector

In:

Submitted By VIJEET123
Words 350
Pages 2
The kindergarten to grade 12 (K12) market in India accounts for a substantial share of the total education market. This space has seen large scale public and private participation. The government has undertaken various initiatives towards developing the market. The large prospective student population is fuelling growth in this sector.
The education sector provides one of the few bright spots even in a slowing economy. Private consumption spends on education and related products and services, is estimated at approximately US$50 billion today. Driven by strong demographic and economic fundamentals, it is expected to grow at about 14% per annum over the next 5-7 years.
Within the education sector, the K-12 segment, comprising formal ‘school’ education from kindergarten to higher secondary, is the largest. Private consumption spend on K-12 education is estimated at about US$20 billion at present, and annual government spend accounts for a further US$25-27 billion. Poor overall facilities offered by the government owned segment within K-12 results in the fact that less than half of those who enter the school system complete their schooling; it also accounts for the fact that nearly 40% of all students flock to the approximately 75,000 schools that are privately operated. The fact that an estimated 90 million students attend privately owned schools is an indicator of the willingness of Indian households, of almost all economic strata, to pay for children’s education. India already has the largest population in the relevant age group for K-12 education. Given the demographic structure of the population, this will continue to grow over the next 12-15 years. While the sector is large and growing and existing players earn attractive margins, the investment unfriendly regulatory environment has by and large limited corporate involvement in the K-12 sector. As a result,

Similar Documents

Premium Essay

Private Sector Study on Education

... San Francisco Private Sector Post-Secondary Schools — Do They Deliver Value to Students and Society? by Robert Lytle, Partner and Co-Head, Education Center of Excellence Recently, U.S. private sector post-secondary education providers have come under intense legislative, regulatory, political, and press scrutiny across a myriad of issues. Likewise, discussions in Washington, D.C. have focused on assuring quality outcomes for students by enhancing existing regulations and proposing new ones. Underlying this scrutiny is an apparent belief that private sector educational providers are likely to suppress investments in educational quality and student outcomes in favor of profits. As a result, there has been much subjective discussion around the private sector’s role in post-secondary education with a limited level of objective facts. In an effort to shed more objective light on the role of private sector education providers, The Parthenon Group examined the following question: Do private sector post-secondary schools deliver value to students and society? Over the past several months, through an analysis of U.S. Department of Education longitudinal studies, industry data, and primary research, Parthenon conducted a rigorous examination of the private sector’s ability to provide meaningful post-secondary outcomes. E d u c at i o n c E n t E r o F E x c E l l E n c E w w w. p a r t h e n o n . c o m Parthenon Perspectives Private Sector Post-Secondary Schools — Do...

Words: 2557 - Pages: 11

Premium Essay

Mpact of Workforce Diversity on Organizational Performance in the Education Sector of Karachi Pakistan

...IMPACT OF WORKFORCE DIVERSITY ON ORGANIZATIONAL PERFORMANCE IN THE EDUCATION SECTOR OF KARACHI PAKISTAN 1Hafiza Sumaiyyah Iqbal, 2Faiza Maqbool Shah (Supervisor) Department of Business Administration, Jinnah University for Women (JUW) Karachi Pakistan ABSTRACT Diversity is gradually used and accepted as a significant organizational resource in esteems to whether the objective is to be an employer of choice, to offer outstanding customer service, or to sustain a competitive advantage. It also has verified to have controlled to an opinion of being essential for organizational performance. This ultimate faith forces managers to hold and understand the theory of workplace diversity, its benefits and barriers. The purpose of this research is to discover the impact of diversify workforce towards organizational performance which focus into the education sector. The research also emphases on workforce diversity which contains the gender, ethnic and education background of the employees which is the utmost critical variables amongst all the others. The research was done by distributing 100 questionnaires to the faculty members of 5 different universities of Karachi. The questionnaire outcomes show that there is an impact on performance when diverse workforce is working in the education sector. Key words: Workforce Diversity, Organization, Performance, Gender, Ethnic, Qualification, Karachi, Universities. ___________________________________________________________________________ ...

Words: 7503 - Pages: 31

Premium Essay

Private Sector Involvement in Primary Education

...In order to create a prosperous nation the government should either help private education institution or get out of their way FOR THE TOPIC Education is the basic right of a child according to the RTE ACT of govt. of India. The government bodies of this country are engaged in providing basic education to the people of this country. But the resources available with the govt. not in terms of money but also in terms of quality teachers and academicians are limited. By providing a way for the private educational institutions for providing basic education the government not only ensures that there are more players, but also that the sole lack of any one thing doesn’t hamper the educational system of this country. No doubt with the involvement of private players the cost of education will go up, but it will also provide the necessary impetus to this segment of the economy. We understand that with more private players coming in the whole idea of education for all will just reduce to a profit making business, but look at the benefits that this move will create. It will galvanise the whole education system of this country starting from the grass root level. Modern school of thoughts will percolate deep into the system and will make our students competitive right from the beginning of their education. The extra cost that the students may have to bear because of the private institutions can in a way be provided as a subsidy to the parents. This will act as a double edged sword...

Words: 292 - Pages: 2

Premium Essay

Role of Corporate Sector in Education Through Csr

...should be the role of Corporate Sector in addressing issues of marginalized children given that Corporate have a mandate to run profitable business? In general, the term ‘marginalization’ describes the overt actions or tendencies of human societies, where people who they perceive to undesirable or without useful function, are excluded, i.e., marginalized. These people, who are marginalized, from a GROUP or COMMUNITY for their protection and integration and are known as ‘marginalized groups’. This limits their opportunities and means for survival. Peter Leonard defines marginality as, “being outside the mainstream of productive activity and/or social reproductive activity”. Usually a minority group has the following characteristics: 1) It suffers from discrimination and subordination. 2) They have physical and/or cultural traits that set them apart, and which are disapproved of, by a dominant group. 3) They share a sense of collective identity and common burdens. 4) They have shared social rules about who belongs, and who does not. 5) They have a tendency to marry within the group. Thus, marginalization is a complex as well as shifting phenomenon linked to social status. Problems faced by Marginalized Children are: Child mortality and morbidity are caused and compounded by poverty, their sex and caste position in society. All these have consequences on their nutrition intake, access to healthcare, environment and education. Poverty has a direct impact on...

Words: 1176 - Pages: 5

Premium Essay

The Higher Education Sector in Bangladesh: in Need of an Overhaul

...An Essay on The Higher Education Sector in Bangladesh: In Need of an Overhaul Submitted to Mr. Bijoy Lal Basu Assistant Professor Department of English University of Dhaka Submitted by Ayman Rahman, Roll No. 29 Section A 21st Batch, BBA Institute of Business Administration, University of Dhaka It doesn’t matter from what perspective one tries to see the importance of higher education, one thing is certain that its importance can never be undermined. But it is very disappointing that, in Bangladesh, the so called “Higher Education” is in no way up to the standard one expects it to be. This is the result of decades of ignorance and unplanned decisions. So it can’t be solved overnight. It will take a huge amount of positive thinking, planning and executions of these plans to see some real improvements. The first step to improve the quality of higher education in Bangladesh is to know its present state, and that can never be done just by asking a few teachers about it or reading a few articles on newspapers and magazines. By all means it is a much more complex job and deserves delicate and careful handling. Until one can find out the root cause, any proposal for remedy seems useless. The prime factors on which the quality of education in general depends are the quality of teachers, the quality of students and the quality of the teaching courses. The other factors are the academic environment and teaching aides (including library, communication facilities...

Words: 938 - Pages: 4

Free Essay

Major Forces That Have Determined the Direction of the Changes in the Education Sector

...MAJOR FORCES THAT HAVE DETERMINED THE DIRECTION OF THE CHANGES IN THE EDUCATION SECTOR A foundation has been laid down for the development of sustainable education worldwide. There has been specialize in literacy and skills therefore enabling the expansion and development of the education sector in Kenya and therefore the world at large. Over the years Kenya has noted plenty of changes that have helped improve the education system considerably within the last decade. I’ll begin with a significant ground changer that was the introduction of free primary education. 1. Introduction of Free Primary Education Unfavorable political and economic conditions in Africa throughout the 1990s hindered the expansion of the basic education that was undergoing numerous reforms. As noted, throughout the 1990s basic education went through numerous reforms however the unconducive political and economic conditions at the time were unable to support its growth. Having to rely on restricted resources and donor funding, the government experienced difficulties maintaining academic standards. Afterward the standard of education deteriorated and there was a rise within the numbers of school-age kids who weren't receiving formal education. Figures as an example show that huge school dropouts were recorded which out of about one million students who registered in standard one in 1993 and in 1998, but half a million got to standard eight (Oketch...

Words: 2146 - Pages: 9

Free Essay

Market for Education Sector in India

...ASSIGNMENT # A 113 Course: T6217 (Milestones in the World Civilizations-Egyptian civilization to the World Wars.) ROLL # 1218 As I was coming home from the first masquerade ball that the world had ever seen I heard a sickening crunch and the whirring of gears clashing against one another, as I stepped out of my time machine I realized I was far away from home, not sure what to expect I stepped back inside and clicked the info button, the automated female voice told me that I had landed in Jerusalem during the Roman siege of the city. “Herod and Roman General Gaius Sosius wrest Judea from Antigonus II Mattathias, culminating in the siege of the city.” Was the last thing I hear before the entire machine shuts down due to lack of energy, frustrated I pull my cloak out of the machine and hide it behind some bushes while it recharges its solar powered batteries. The cloak not only manages to conceive me but it also transformers into the clothes of the people from that era to make me less conspicuous as I looked down I saw that I was wearing a simple tunic that was up till my ankles and it was plain white with such a thin rope acting as a belt at the waist. The soldiers running about around me were wearing the armor of God complete with the helmet, the pilum(which was the spear they used), the woolen tunic on which they wore the metal jacket, the embosses shield and finally the caligae(footwear). I decided to jump to 7 B.C to when Christ was born. After landing in Bethlehem I made...

Words: 1303 - Pages: 6

Premium Essay

Emerging Role of Knowledge Management in Education Sector

...Emerging role of Knowledge Management with special reference to educational sector Chitranshi Verma Research Scholar & Faculty in Centre of Management Studies, G.S.College of Commerce & Economics,Jabalpur(chitranshi.verma@gmail.com) Purpose of the study: To find the effective use of new concepts like knowledge management in the education sector. Research Methodology: The study on this topic would mainly be conducted through the available secondary data. Globalization has brought in new opportunities to developing countries. Greater access to developed country markets and technology transfer hold out promises for improved productivity & higher living standards. It is a very positive force that has lifted the developing countries. With its advent various new concepts have emerged, one of them is knowledge management. Introduction- Knowledge Management (KM) comprises a range of strategies and practices used in an organization to identify, create, represent, distribute, and enable adoption of insights and experiences. Such insights and experiences comprise knowledge, either embodied in individuals or embedded in organizational processes or practice. Knowledge management is the process of transforming information and intellectual...

Words: 4042 - Pages: 17

Free Essay

Vision 2021 and Bangladesh

...Tamnun E Mursalin "Digital Bangladesh" is currently the most commonly used words in politics, media, among the intellectuals and the civil societies. Since our Prime Minister Sheikh Hasina in her party's election manifesto pledged to develop a digital Bangladesh by 2021, it has given a great hope to the citizens of Bangladesh. It turned out to be an opportunity for our prime minister to be in the United States during the time of election, and experiencing the Obama election campaign. Her learning has helped Awami League wining the election in Bangladesh in 2008 with Obama-like campaign strategy-the call for 'change', which has been responded widely by the Bangladeshi citizens. However, the focus here is Digital Bangladesh, widely accepted by Bangladeshi people from all walks of life. Not too many people understood the concept of digital Bangladesh but they believed it, as something related to information technology. It has been widely accepted by a good number of young voters, believing that the concept of Digital Bangladesh will solve most of our national crisis involving corruption, unemployment, illiteracy, poverty and price-hike. Even though without knowing Bangladesh has already gone through a bit of experience on digitization through few national level of ICT projects, such as, Chittagong Customs Automation System, selection process of teletalk mobile user through internet, project initiated by the pervious government on machine-readable digital passport system and finally...

Words: 1838 - Pages: 8

Free Essay

Unit 1 P1 Btec Business

...2013) Marks and Spencer is a major British retailer which was founded in 1884 and operates 766 owned and franchised stores in the United Kingdom; and 418 owned and franchised stores in 51 territories in Europe, the Middle East, North Africa, and Asia. Type of business M&S is an international business because it is located in various other countries with the United Kingdom and 418 owned and franchised stores in 51 territories in Europe, the Middle East, North Africa, and Asia. M&S is in the private sector organisation because it is part of the national economy made up of private enterprises. It includes the personal sector (households) and corporate sector (companies), and is responsible for allocating most of the resources within an economy. See also public sector (business dictionary, 2013) M&s is a large size business because there are more than 250 employees, M&S has up to 82,000 employees and the majority of the people are in the UK. M&s is in the tertiary sector because they are providing services to individuals and business an example of the type of service M&S would provide is they could provide fresh lingerie this would include: • Transporting the lingerie • Selling the lingerie in the stores • Advertising the lingerie (they could use manikins to advertise) (John Bevan et al 2010) Purpose M&S is main purpose is to make as much profit as possible, and to make sure customer are satisfied with their outstanding products. M&S make products that are sold...

Words: 1149 - Pages: 5

Premium Essay

Advantages and Disadvantages of Corruption

...corruption 2 Poverty 2 The worst access to education and health services 2 An additional burden for investors 2 At the same time, there are positive consequences of corruption. 3 Reference 4 Definition of Corruption Corruption is difficult to determine. The most common definition of corruption is the abuse of official position with an ax to grind. Also on the basis of anti-corruption law in Estonia corrupt practices is the use of official position for personal gain, by making unreasonable or unlawful decision or action, or not making legitimate decisions or actions. “Corruption has many faces. It may be in the form of money or of providing services in order to gain advantages such as favourable treatment, special protection, extra services, or reduced delays”. (NHO) Problem with this definition is that it is not appropriate for all cultures and societies, for example, those where there is no difference between private and public sector. Also, what is considered as corruption in one society may not be so in another society. Nevertheless, in every society it can be actions that are condemned for cultural reasons, and expectations that are imposed on perpetrators of public functions. Ambiguity is the fact that the phenomenon of corruption has been seen mainly in public sector. Such an understanding of corruption is limited for two reasons. First, the "offer" of corruption, as usually occurs in the private sector, for example, if the bribe-taker is a private enterprise...

Words: 1138 - Pages: 5

Premium Essay

Business

...Economy, Efficiency and Effectiveness Name Institutional Affiliation Government agencies are commissions appointed and granted powers and authority to oversee specific functions such as Bureau of economic analysis. Bureau of economic analysis provides economic statistics and its main function is to give a clear understanding of the economic status of the US by giving an accurate and relevant data. Cochran, J. (2013). A state agency may be of either national or state government. Performance measurement is basically managing production rate and its primary purpose is to reduce or get rid of total variation in the production process. The main purpose of measuring performance, is to help get to a better decisions. Performances generally tell us important aspects about products, services, and the processes of how they are produced. They are a helpful tool to understanding, manage, and improve what organizations do. Performance can also be measured in order to recognize the sum total of quality management. Jacob, I. (2011). Persons charged with the management of an organization have to implement change in the organization. Before implementing change in an organization, the manager has to know how and when to introduce the change, he or she has to freeze and unfreeze the change process in order to avoid resistance from the workers. The management team has to have appropriate information and knowledge to measure the performance of the institution. Currently there is no known standard...

Words: 2210 - Pages: 9

Premium Essay

Transfer Payments

...every week, month and year, for example salaries paid to people working in the NHS and resources for state education and defence. The NHS claims a sizeable proportion of total current spending – hardly surprising as it is the country's biggest employer with over one million people working within the organisation! Capital Spending Capital spending includes infrastructure spending such as new motorways and roads, hospitals, schools and prisons. How does government spending affect businesses? The level of government spending has many direct and indirect effects on all businesses. For firms selling goods and services to individual consumers and to other firms: Increased government spending may mean higher taxes Higher taxes reduce the ability of customers to purchase goods and services, which is likely to reduce consumer spending Consequently increased government spending is often at the expense of private sector spending and is therefore potentially harmful to some firms On the other hand, many businesses rely on government spending for their revenues and profits. For businesses that supply services to the public sector, demand is directly linked to how much government is spending. Good examples include: Construction firms that build and repair the road network Publishers who supply schools and colleges IT systems consultants who develop computer systems for public sector...

Words: 283 - Pages: 2

Premium Essay

Managing Change

...Managing Change Initiatives: Fantasy or Reality? The Case of Public Sector Organisations Ebrahim Soltani University of Kent Business School, Canterbury, UK Pei-chun Lai University of Strathclyde Business School, Glasgow, UK Abstract It is becoming a commonplace statement that change initiative programmes are key tools to organisational long-term success. To this end, the last two decades have witnessed a surge of interest in the take-up of various change initiative programmes. Organisational change initiatives, we are told by many commentators, can maximise shareholder value (i.e. economic value theory) and develop organisational capabilities (i.e. organisational capability theory). Specifically, in recent years, as companies have been confronted by the conditions of heightened competition, globalisation, advancements in communications and information technologies, economic recession and simultaneously search for excellence, so the desire to take up change initiatives has interested the majority of leading organisations. At the same time, however, the analysis of the prospects for the majority of change management tools reveals so many deep-seated barriers to change with the consequence of little success in practice. This paper explores this apparent contradiction, arguing that, despite a heightened interest in the take-up of change initiatives, very few change programmes produce an improvement in bottom-line, exceed the company’s cost of capital, or even improve service...

Words: 14539 - Pages: 59

Free Essay

Business Environment

...TITLE PAGE Business Environment Assignment (2015) – (Y/601/0546) * A Qualitative Business Analysis of Two Different Organisations: - (Waltham Forest College: Public Sector and Costa Coffee: Private Business Sector). * This Process Involved Assessing the Influence of Stakeholders and the Relationship Between Businesses and The Local, National and Global Market Environments. CONTENTS LIST PAGE Introduction 3 Literature Review 4 Overview: Critical Review 6 Methodology 7 Investigations/Findings 8-19 Conclusions 20 Recommendations 21 Bibliography/References 22 Appendices 24 1.1 INTRODUCTION This report is a qualitative analytical assessment (Easterby-Smith et al 1991) by the author on behalf of Charles Hunt Investments concerning two contrasting organisational types. The first entity is Waltham Forest College, which is an expanding UK public sector college. The other company is Costa Coffee – a successful UK based and international coffee chain which provides high quality food and beverages service to UK and overseas clients. The aim of this report is to investigate and qualify how Charles Hunt Investments can raise financial resources from (for) clients such as the above mentioned and examine ways, on a long term basis how to secure the best dividends (tangible and intangible benefits) for its stakeholders (Kotler, 1997). A further aim of this qualitative study...

Words: 4911 - Pages: 20