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Insights Ed   - Latest trends and activites in global education - October 2013 - Indalytics Advisors
 

Insights Ed - Latest trends and activites in global education - October 2013 - Indalytics Advisors

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InsightsEd is a monthly report, which provides latest and relevant insights on education. The helps its readers with latest trends and activities, taking place in global education space. ...

InsightsEd is a monthly report, which provides latest and relevant insights on education. The helps its readers with latest trends and activities, taking place in global education space.

This report has been designed and published specially for CXOs and consultants — who have a need, but no time to keep themselves abreast with latest happening in education sector.

All the relevant stories are summarized and presented within 100 words, so that the reader can update herself within minutes.

In case you wish to subscribe to InsightsEd, then please write to us at info@insightsed.com, or visit www.InsightsEd.com

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    Insights Ed   - Latest trends and activites in global education - October 2013 - Indalytics Advisors Insights Ed - Latest trends and activites in global education - October 2013 - Indalytics Advisors Document Transcript

    • InsightsEd InsightsEd October 2013 © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 A BOUT I NSIGHTS E D InsightsEd is a monthly report, which provides latest and relevant insights on education. The helps its readers with latest trends and activities, taking place in global education space. This report has been designed and published specially for CXOs and consultants — who have a need, but no time to keep themselves abreast with latest happening in education sector. All the relevant stories are summarized and presented within 100 words, so that the reader can update herself within minutes. In case you wish to subscribe to InsightsEd, then please write to us at info@insightsed.com, or visit www.InsightsEd.com © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 T ABLE OF C ONTENTS Financing by educational organizations 3 Introduction of new educational programs 4 Collaboration in education space 5 Educational organizations raising grants and funds 6 New regulations impacting education 8 Educational organizations expanding operations 10 List of organizations mentioned in the report 11 © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 F INANCING BY EDUCATIONAL ORGANIZATIONS Arizona, US–based Synergis Education has completed its US$33 million Series–A financing. The company has raised the financing from University Venture Fund I LP, along with its limited partners, such as Bertelsmann SE & Co. KGaA and University of Texas Investment Management Co. Synergis Education, which provides technology and resource management services in the higher education space, will use the financing to enhance its partnerships with universities, and help them fund, build and grow academic programs for non-traditional students. Australian childcare and education center operator — G8 Education — is raising A$60.14 million for expansion. The Australian Securities Exchange listed company will be using the financing to purchase 29 childcare centers across New South Wales, Victoria and Tasmania. G8 Education will pay A$42.6 million for the centers — a price based on their four times anticipated earnings before interest and tax — provided the centers achieve earning targets within 12 months of deal date. G8 Education currently has 194 owned childcare centers in Australia, along with 18 owned–and–operated and 51 franchised child care centers in Singapore. © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 I NTRODUCTION OF NEW EDUCATIONAL PROGRAMS The European Commission has launched a new plan to enhance digital education in the union. Under the ‘Opening up Education’ plan — a joint initiative led by Androulla Vassiliou, Commissioner for Education, Culture, Multilingualism and Youth; and Neelie Kroes, Commission Vice-President, responsible for the Digital Agenda — the plan will primarily focus on improvement in ICT infrastructure in schools, use of open educational resources, and creating better learning opportunities for students, teachers and institutions. The Commission has also launched a site — Open Education Europa — which allow students, teachers and educational institutions to share open educational resources. In the US, the city of Denver, Colorado has launched a new program, to help lower–income children get ready for school. The Countdown to Kindergarten program — started by Denver Education Compact —will work towards creating connectivity among parents and educators, to help children in transitioning from homes to schools. The program will interact with the teachers and principals at elementary schools and in Early Childhood Education (ECE) programs across Denver. It will start in the first year with several schools, such as the Newlon elementary schools and the Charles M. Schenck Community School. © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 UAE’s Ministry of Higher Education and Scientific Research has also approved some other programs, to cater to the needs of country’s labor market. The ministry has approved a bachelor’s degree in business administration and human resources management at the City University College of Ajman; a diploma course in accounting at Abu Dhabi Vocational Education and Training Institute; and a Master of Science and International Business program at Al Ghurair University. C OLLABORATION IN EDUCATION SPACE The MasterCard Foundation — through its MasterCard Foundation Scholars Program in Africa — is collaborating with three new partners to fund education of underprivileged students. The foundation is collaborating with BRAC, Campaign for Female Education (Camfed) and Forum for African Women Educationalists (FAWE) — to provide scholarships worth US$106 million to approximately 11,000 African students. The MasterCard Foundation Scholars Program is a 10–year long global initiative by the MasterCard Foundation — aimed at providing US$500 million in scholarships and other education assistance, primarily in Africa. © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 Google is partnering with online education provider edX, to start a new platform for building MOOCs. The companies have launched MOOC.org — a platform that allows teachers, educational institutions and businesses to create their own digital course and share it with the world. As of now, the site is slated for launch in the first half of 2014. E DUCATIONAL ORGANIZATIONS RAISING GRANTS AND FUNDS In Canada, Citi has launched a three–month initiative to raise funds for nonprofits across the globe, catering to education. The ‘e for Education’ initiative is aimed at funding several charities, out of Citi’s institutional client foreign exchange transaction volumes — generated through its trading platform, Citi Velocity. Citi has added six organizations that will be funded under the initiative. The organizations include Civic Builders — that build low–cost charter schools in underserved neighborhoods; Empower — that provides tools and resources to at–risk youth in emerging markets; No Greater Sacrifice — that provides scholarships and resources to children of fallen and wounded US military service members; Room to Read — that focuses on literacy and gender equality in education developing countries; Teach First — that provides education to children with different socio–economic backgrounds; and Uncommon Schools — that provides public charter schools, helping low–income students to graduate from college. © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 The US Department of Education has awarded 60 grants worth approximately US$32 million to local education and community–based organizations. The grants — part of the Carol M. White Physical Education Program — are intended to help organizations with improving and expanding physical education and nutrition education programs for students. The program is aligned with the First Lady Michelle Obama's "Let's Move! Active Schools" initiative — that helps students during, before, and after school. Philippines-based Asian Development Bank (ADB) is planning to invest approximately US$100 million, for improving the secondary education and vocational training in the state of Meghalaya–India. The loan funding is part of the ADB’s project, 'Supporting Human Capital Development in Meghalaya', and is its first loan to India for boosting education and skills. The state of Meghalaya, which has a low enrollment ratio, has also received an additional US$2 million grant from the Japan Fund for Poverty Reduction — for improving its education and labor conditions. © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 Harvard School of Public Health (HSPH) has received support of US$12.5 million from the Charina Endowment Fund and individuals Richard L. and Ronay Menschel of New York City — to redesign its educational strategy. The part of the amount will be used at HSPH to accelerate efforts on developing the flipped classroom experiences, as well as more case–based and field–based learning opportunities. N EW REGULATIONS IMPACTING EDUCATION The US Department of Education is granting state of Texas a conditional waiver from federal ‘No Child Left Behind’ Act’s requirements. After the waiver, only the bottom 15 percent of schools across Texas will qualify as priority schools, receiving federal mandated interventions. The waiver will also mean fewer schools facing penalties, and getting more freedom in spending the federal Title I money for academic intervention. Texas is the 42 state in the US to receive the waiver approval, which will be effective from 2013–2014 school year. © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 In the UAE, Ministry of Higher Education and Scientific Research has awarded initial accreditation to academic medical programs. In order to achieve its education and enrollment targets for UAE vision 2021, the Ministry has approved new programs, designed specifically for UAE’s labor market. The programs include master’s degree in pharmacy (in manufacturing and developing products), clinical pharmacy and pharmacy practices at the Dubai Pharmacy College. The government is trying to attract more people towards education in pharmacy — which has a low Emiratisation rate of 5.7%, as per its 2012 estimates. Pennsylvania House of Representatives have passed a bill to reform funding for cyber charter schools. According to the bill, if a student wants to enroll in a cyber charter school, then the public school district where she would have normally enrolled, will be entitled to pay the tuition fee — which it would have spent on the student. The school district, however, will be allowed to deduct the cost of pension contributions and food service in calculation of tuition payments to cyber charter school. The bill will have no impact on the tuition payments to charter schools that students attend in person. © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 E DUCATIONAL ORGANIZATIONS EXPANDING OPERATIONS US–based advocacy group Elevate Early Education, is starting a new preschool in Norfolk, Virginia. The E3 School, will be a 12,000 square foot center that will impart education to approximately 100 preschool students, and employ 26 teachers and staff. The US$10 million project is funded by philanthropic support, and is in lines with President Barack Obama’s plans of encouraging preschool education. Wellington, New Zealand–based High School tutoring service — Inspiration Education — is expanding its operations. The company has setup its operations in Palmerston North, and is offering tuition for National Certificate of Educational Achievement (NCEA). Inspiration Education uses a one–on–one tutoring approach, to help students achieve their academic goals. Technology hardware company, Epson has introduced two new projector series for K–12 classrooms in the US. The Epson PowerLite S17, X17, and W17 series, and Epson PowerLite 97, 98, 99W, 955W, and 965 series provides various features, such as HDMI and optional wireless connectivity. They also help the teachers deliver presentations over the network. The projectors will be available in market from November 2013. © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 L IST OF ORGANIZATIONS MENTIONED IN THE REPORT Abu Dhabi Vocational Education and Training Institute Epson Al Ghurair University Forum for African Educationalists Women Asian Development Bank G8 Education Australian Securities Exchange Google Bertelsmann SE & Co. KGaA Harvard School of Public Health BRAC Inspiration Education Campaign for Female Education MasterCard Foundation Charina Endowment Fund MOOC.org Charles M. Schenck Community School Newlon elementary schools No Greater Sacrifice Citi Open Education Europa City University College of Ajman Room to Read Civic Builders Synergis Education Denver Education Compact Teach First Dubai Pharmacy College Uncommon Schools edX Elevate Early Education University of Texas Investment Management Co. Empower University Venture Fund I LP © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com
    • InsightsEd — October 2013 D ISCLAIMER The information contained in this report is of a general nature and is not intended to address any particular individual or entity’s circumstances. Although proper care has been taken to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. Indalytics Advisors do not guarantee the company name provided by the readers to be accurate. It is understood that by receiving the report, the readers allow Indalytics Advisors to use their organizations’ name in its list of readers. If the readers have any objection to it, then they should report it to Indalytics Advisors immediately. Before subscribing to the report and paying for subscription, Indalytics Advisors strongly recommends readers and subscribers to read the terms of use on their website. Anyone paying for subscription will be deemed to have read and understood the terms of use mentioned on the website. Their absence of objection will be treated as their approval to use their and their organizations’ name in this report. Indalytics Advisors Private Limited does not guarantee that the information contained in this report is authentic and reliable. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. In case you wish to subscribe to InsightsEd, then please write to us at info@insightsed.com , or visit www.InsightsEd.com Publication Volume: 13-010 Publication Date – October 2013 © 2013 Indalytics Advisors Private Limited www.indalytics.com © Indalytics Advisors Pvt. Ltd. l www.InsightsEd.com l info@insightsed.com