1. Introduction         

When there was no university elsewhere in the Europe; Takshasila, Vikramshila, Pallavi, and Nalanda were the centers of Global Education and attracting learners from all around the globe. The development of modern education in India started with the establishment of Hindu College in Calcutta in 1817. During British reign, Calcutta University was the first to confer the bachelor degree on women in 1883.

After independence various universities have been opened both by the government as well as private sector. The main motive behind opening these universities were not to earn profit but to serve the society by imparting higher education and conducting researches related to pure and social sciences. The fees charged from the students were minimum, hence these institutions were generating deficit so there was a need to go for the donations and aids to cover its fixed and running expenses. But gradually there was a drastic change in the scene .The education sector emerges as one of the most profitable business opportunity. The increase in the number of private schools and institutions supports the fact. Higher education is not an exception to this. Gradually most of the corporate entities have also entered into the picture.

2. Corporatisation of Higher Education

Now a days education sector is a trillion dollar industry. It is a service sector industry in the area of education as service with a huge global market in which students, teachers and non- teaching employee constitute resources for profit generation. So the concepts of marketing are also applicable. The organizations have to market their product and themselves in order to survive. In this industry the students are the customers, the teachers are the service providers and the institutions are organizers or marketers and teaching-learning process is no longer for the Continue Reading

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1. Introduction         

When there was no university elsewhere in the Europe; Takshasila, Vikramshila, Pallavi, and Nalanda were the centers of Global Education and attracting learners from all around the globe. The development of modern education in India started with the establishment of Hindu College in Calcutta in 1817. During British reign, Calcutta University was the first to confer the bachelor degree on women in 1883.

After independence various universities have been opened both by the government as well as private sector. The main motive behind opening these universities were not to earn profit but to serve the society by imparting higher education and conducting researches related to pure and social sciences. The fees charged from the students were minimum, hence these institutions were generating deficit so there was a need to go for the donations and aids to cover its fixed and running expenses. But gradually there was a drastic change in the scene .The education sector emerges as one of the most profitable business opportunity. The increase in the number of private schools and institutions supports the fact. Higher education is not an exception to this. Gradually most of the corporate entities have also entered into the picture.

2. Corporatisation of Higher Education

Now a days education sector is a trillion dollar industry. It is a service sector industry in the area of education as service with a huge global market in which students, teachers and non- teaching employee constitute resources for profit generation. So the concepts of marketing are also applicable. The organizations have to market their product and themselves in order to survive. In this industry the students are the customers, the teachers are the service providers and the institutions are organizers or marketers and teaching-learning process is no longer for the Continue Reading

]]> http://www.middleschoolteachingunits.com/higher-education-in-wto-regime/feed/ 0 http://www.middleschoolteachingunits.com/the-education-industry/ http://www.middleschoolteachingunits.com/the-education-industry/#comments Sun, 05 Jul 2009 01:46:25 +0000 admin http://www.middleschoolteachingunits.com/the-education-industry/

There is common saying that goes..”The roots of education are bitter but the fruit is sweet.” The roots in our country is the system. Being the world’s largest democracy the educated youth of the country has had to pay the price. The price being to forgo their entry into professional colleges, thanks to the quota system. In some states with quotas upto 70% of the seats the youth belonging to the so called “upper castes” do not find a place in Government colleges/institutions.

 

 

This gave rise to the opening up private educational institutions across India.

 

Private Educational Institutions in India could be classified into the following categories:

(a) Aided Colleges these are colleges that are privately managed but aided by the government.

(b)Unaided colleges these are colleges that are privately managed and also raise their own funds.

 

Professional colleges across India have sprung up in such large numbers making it into an industry of sorts. We are calling this “Industry” because of the employment and the revenues that these institutions generate.

 

 

 

Private spending on education in India in $US



 

Schooling (tuition fee, tutoring, textbooks, preschool etc.)

29413 million

Professional Courses (engineering, medical, MBA)

7054 million

Test Preparation (engineering, UPSC, medical test prep, GRE/GMAT etc.)

1664 million

Skill development (vocational training, child skill enhancement for mental arithmetic etc. IT training, teacher training etc….)

2436 million

Estimated total market size in private sector

40,565 million

 

 

There are institutions often funded by rich individuals or Continue Reading

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There is common saying that goes..”The roots of education are bitter but the fruit is sweet.” The roots in our country is the system. Being the world’s largest democracy the educated youth of the country has had to pay the price. The price being to forgo their entry into professional colleges, thanks to the quota system. In some states with quotas upto 70% of the seats the youth belonging to the so called “upper castes” do not find a place in Government colleges/institutions.

 

 

This gave rise to the opening up private educational institutions across India.

 

Private Educational Institutions in India could be classified into the following categories:

(a) Aided Colleges these are colleges that are privately managed but aided by the government.

(b)Unaided colleges these are colleges that are privately managed and also raise their own funds.

 

Professional colleges across India have sprung up in such large numbers making it into an industry of sorts. We are calling this “Industry” because of the employment and the revenues that these institutions generate.

 

 

 

Private spending on education in India in $US



 

Schooling (tuition fee, tutoring, textbooks, preschool etc.)

29413 million

Professional Courses (engineering, medical, MBA)

7054 million

Test Preparation (engineering, UPSC, medical test prep, GRE/GMAT etc.)

1664 million

Skill development (vocational training, child skill enhancement for mental arithmetic etc. IT training, teacher training etc….)

2436 million

Estimated total market size in private sector

40,565 million

 

 

There are institutions often funded by rich individuals or Continue Reading

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