MentorBuddy is an online communications tool which helps students navigate global education. It eases the process of information exchange and facilitates end user assistance and helps simplify the process through which people communicate. We deliver real information from real people to an audience which is keen to give a kick start to their careers through global education.
3. THE PROBLEM
• THE ABROAD EDUCATION SECTOR IS HIGHLY UNORGANIZED AND LACKS DECENT INFORMATION
SHARING SPACE.
• THE CURRENT SYSTEM PROVIDES THESE STUDENTS WITH ASSISTANCE THAT CAN BE EASILY FOUND
ON THE INTERNET. GIVING THEM NO REAL VALUE FOR MONEY.
• THE CURRENT INFORMATION EXCHANGE IS HIGHLY CHAOTIC, RANGING FROM FACEBOOK GROUPS TO
SKYPE CALLS AND EMAIL EXCHANGES.
4. SOLUTION
• FULLY EQUIPPED PLATFORM TO PROVIDE A ONE STOP SOLUTION FOR THE NEEDS OF AN ASPIRANT.
• MENTORS ARE STUDENTS/ALUMNI THEMSELVES IN HOST UNIVERSITIES.
• MENTORS ARE PAID FOR THEIR SERVICE, WHICH LESSENS THE FINANCIAL BURDEN OVER THEM. THUS
BENEFITTING BOTH SIDES EQUALLY.
5. MARKET
ABOUT 4 MILLION STUDENTS MOVE GLOBALLY EACH YEAR FOR TERTIARY EDUCATION.
TOTAL ADDRESSABLE MARKET: $4.5 TRILLION (BY 2017)
• TOP 2 DESTINATION COUNTRIES
UNITED STATES (18% OF TOTAL MOBILE STUDENTS)
UNITED KINGDOM (11%)
• TOP 2 COUNTRIES OF ORIGIN OF MOBILE STUDENTS
CHINA (694,400 STUDENTS STUDYING ABROAD)
INDIA (189,500)
6. COMPETITION
• THE MAJOR COMPETITION IS TRADITIONAL CONSULTANTS WHO OPERATE IN ABROAD EDUCATION.
• A FEW ONLINE PORTALS WHICH CATER TO THE SIMILAR AUDIENCE.
• LINKEDIN HAS ENTERED THE SPACE WITH A FEATURE CALLED ‘DECISION BOARD’. IT INDICATES THE BIG
PLAYERS ARE EXPLORING THE MARKET TOO!
• OUR ADVANTAGE IS NONE OF THEM OFFER THE SERVICE WHICH WE AIM TO.
7. MANAGEMENT TEAM
• ABHIJEET KHANDAGALE
FOUNDED 2 STARTUPS IN PAST.
4+ YEARS EXP IN EDUCATION SECTOR
AUTHOR, REVIEWER AND ADVISORY BOARD
MEMBER FOR SEVERAL INTL. CONFERENCES AND
JOURNALS.
• SHRUTIN SHETTY
ADVISOR – STRATEGY
FOUNDER, A TEAM CONSULTING
9+ YEARS EXP - GROWTH STRATEGY,
GENERAL MGMT, MARKETING, VENTURE CAPITAL.
9. SUMMARY
• MENTORBUDDY IS AN ONLINE COMMUNICATIONS TOOL WHICH HELPS STUDENTS NAVIGATE GLOBAL
EDUCATION.
• VISION: MENTORBUDDY AIMS TO BE THE CENTRAL HUB FOR A STUDENT ANYWHERE IN THE WORLD WHO
WISHES TO BE A PART OF THE GLOBAL EDUCATION MIGRATION MOVEMENT.
• MISSION: TO FACILITATE THE COMMUNICATION OF ASPIRANTS WITH THE GRASS ROOT LEVEL
INFORMATION ABOUT THE PLACE THEY WISH TO GAIN THEIR NEXT EDUCATION FROM. MB REDUCES THE
STRUGGLE OF A STUDENT TO FIND BEST EDUCATION GLOBALLY THROUGH A SIMPLISTIC AND DIRECT
APPROACH.