education industry overview

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Technology Independent Expertise ©Chartered Technofunctional Institute www.technofunc.com Tec n o h Func TechnoFunc Presents Overview of Education Industry

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Education Industry Overview, Visit us at www.technofunc.com

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Page 1: Education Industry Overview

Technology Independent Expertise

©Chartered Technofunctional Institutewww.technofunc.com

Tec noh Func

TechnoFunc PresentsOverview of

Education Industry

Page 2: Education Industry Overview

Overview of Education SectorEducation in its broadest, general sense is the means through which the aims and habits of a group of people lives on from one generation to the next. Generally, it occurs through any experience that has a formative effect on the way one thinks, feels, or acts. In its narrow, technical sense, education is the formal process by which society deliberately transmits its accumulated knowledge, skills, customs and values from one generation to another, e.g., instruction in schools.

Source : Wikipedia

Page 3: Education Industry Overview

Importance of EducationWhy is education important?• Education gives us Knowledge• Education teaches us lessons of Humanity• Education comprises good thoughts in human

being• Education tells men how to think, how to work

properly, how to make decision. • Education contributes to human development• Education gives us employment and identity.• Education highlights the human talents.• Education leads to innovations and discoveries.• Education develops a meaningful outlook on life.

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Page 4: Education Industry Overview

Levels in Education

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Primary Education

Secondary Education

Higher education

Technical Education

Open and distance learning

Page 5: Education Industry Overview

What drives the Education IndustryDemand and Supply are the two main factors which drive the direction of the Education Industry.

The demand drivers of the education sector include: Household disposable income. Cost of education. Opportunity cost of education Cultural mindset Government Boost

The supply drivers of the industry include: Availability of qualified work force Government funding Changes in social outlook: Campus Universities VS. College Online.

Page 6: Education Industry Overview

Challenges in Indian Education System

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Improving the quality of education at all levels in India

Increase in the expenditure on education sector specially at Higher levels

Improve the literacy rate in India

Awareness about need of education in rural India

Page 7: Education Industry Overview

How to Improve Education System?Essential Components of a Successful Education System :

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Better Standards

More Accountability

More Parent Involvement

Autonomous Structure

Use of Advanced Technology

Updated Curriculum

Periodic Assessments

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Page 8: Education Industry Overview

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