Investment in Education

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Useful for educational management in teacher education course.

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Investment in Education

  1. 1. Investment in Education S.G.Isave, Asst. Professor, Tilak College of Education, Pune-India
  2. 2. Investment  Making financing expenditure in anticipation on more return.19/03/2012 sgisave@in.com 2
  3. 3. Human Development Report, 1999  "The real wealth of a nation is its people. And the purpose of development is to create an enabling environment for people to enjoy long, healthy and creative lives. This simple but powerful truth is too often forgotten in the pursuit of material and financial wealth."19/03/2012 sgisave@in.com 3
  4. 4. The World Conference on Higher Education, 1998  Higher education must "promote development of the whole person and train responsible, informed citizens, committed to working for a better society in the future".19/03/2012 sgisave@in.com 4
  5. 5. Investment in Education  Investment in education for human and physical resources.  Return expected is resourceful person.19/03/2012 sgisave@in.com 5
  6. 6. Investment Sources Govt. Education Public Private19/03/2012 sgisave@in.com 6
  7. 7. Investment  Parents investment – Fee, Purchase etc.  Public investment – Donations, Prizes  Private investment – on every aspect of an institution.  Government investment – Grants, Scholarships, Freeships, subsidies, concessions on land, electricity, water, taxes, welfare schemes etc.19/03/2012 sgisave@in.com 7
  8. 8. Investment in Education n tio Tea tra chi ng m inis Ad Evaluation Curriculum Guidance PTA g Poli cies B u ildin y ol og n Pri ch ze s Te19/03/2012 sgisave@in.com 8
  9. 9. Investment Sources Government  Invest funds collected by various taxes. Main purpose is social welfare by constitutional obligations.  Central, State and Local Bodies.19/03/2012 sgisave@in.com 9
  10. 10. Investment Sources Private  Invests own money.  Main purpose is commercial profit.  Collects capitation fees, donations from students.  One of the facility for employees.  Industries, commercial organizations etc. are private investors.19/03/2012 sgisave@in.com 10
  11. 11. Investment Sources Community  Collectsfunds from specific community for investment.  Donations from community.  Groups Based on Religion, Race, Caste, Region, Language etc.  NGOs.19/03/2012 sgisave@in.com 11
  12. 12. Investment in Education Past – Ancient Era Vaidic Period  Kingdoms were investors in Education.  Funds for investment were collected from public.  Education was ‘Warna-based’.  More investment on the education for ‘Brahmin’, ‘Kshatreeya’ and ‘Vaishya’  No investment for Shudra and Ati-Shudra and women.19/03/2012 sgisave@in.com 12
  13. 13. Investment in Education Past – Ancient Era Renaissance  Buddhism and Jainism started investment in education for All.  Maurya, Gupt, Chalyukya etc. emperor were invested for common people including women.  Art and Philosophy were on top in the era.  Peace education, Religious conferences, Caves, Sculptures, sheela-lekh, awards were various means of investment.19/03/2012 sgisave@in.com 13
  14. 14. Investment in Education-Past – Medieval Era  Regional emperors like Moghul, Rajput, Maratha etc. invested education.  Funds were collected from public in the form of taxes.  Prominent investment was on war- commerce-religion-Art-Philosophy- linguistic-literature etc.19/03/2012 sgisave@in.com 14
  15. 15. Investment in Education-Past -British Rule  Dawn of ‘Education for All’, ‘Free and compulsory education’  Most of investment by British government.  Public investment was significant.  Great Social Reformers like Mahatma Phule motivated Public to invest in education.  Royal Rajarshi Shahu Maharaj and Maharaj Sayajirao Gaikwad also invest in education for society.19/03/2012 sgisave@in.com 15
  16. 16. Investment in Education in Past-British Rule  Missionaries were invested money in education.  Religious groups were active in investment in education.  Political activists were also encouraging public to invest in education.19/03/2012 sgisave@in.com 16
  17. 17. Investment in Education - Present  Government.  Industries.  Private Organizations.  Communities.  Non-Government Organizations.19/03/2012 sgisave@in.com 17
  18. 18. Investment in Education - Present  Education arises is one of the successful industry.  Education has attracted the attention of business typhoons for investment.  Capitalists looks education as long term investment, slow but growing19/03/2012 rate on profit. sgisave@in.com 18
  19. 19. Investment in Education - Present  Government’s will is being weaker to invest in Education. It has almost stopped investing in secondary and higher education.  Government invests mainly in Primary education.19/03/2012 sgisave@in.com 19
  20. 20. Investment in Education - Present  Private investment is capturing from Pre-primary to higher education.  Various international boards provided better platform for investment e.g. IB, Oxford etc.  Private investment is Blooming in19/03/2012 Metro cities on high rate. sgisave@in.com 20
  21. 21. Investment in Education - Present  English medium education has been successful to get attention of Parents.  Lots of investment in Professional Higher Education e.g. Medical, Engineering, Teacher-Education, Business Administration etc.19/03/2012 sgisave@in.com 21
  22. 22. Investment in the Education-Future  Government investment would be lessoning.  Government already started policy of permanent basis non-granted education.  Private and Public investment will share more.19/03/2012 sgisave@in.com 22
  23. 23. Investment in Education-Future  Due to more private investment education will become more expensive.  Govt also withdrawing investment in education which may create panic situation for lower and middle class people.  Donation will become qualification for admission and not a merit.19/03/2012 sgisave@in.com 23
  24. 24. Investment in Education-Future  Sociallyand economical backward classes may betray from professional education.  Requirement of more seats in Higher education, will create competition in investment for great return.19/03/2012 sgisave@in.com 24
  25. 25. Investment in Education-Future  Education will become more professional as an Industry.  Students will be high pay customer.  Investors need to invest not only in highly paid human resources but enriched infrastructure.19/03/2012 sgisave@in.com 25
  26. 26. Investment in Education - Future  More foreign investment will be active in education.  Multinational companies may invest more.  E-learning, web based courses, on line courses, e-schools will arise on the horizon of investment in19/03/2012 education. sgisave@in.com 26
  27. 27. Investment in Education - Future  Professional education will dominate whereas non- professional education like Arts, Philosophy, Language etc will seek for investment.19/03/2012 sgisave@in.com 27
  28. 28. Investment in Education  Every civilisations need education.  Education is everlasting basic need of human being.  To make human kind more successful, sustainable, kind, eco-friendly Education is essential.  For getting successful education adequate investment should be done.19/03/2012 sgisave@in.com 28
  29. 29. Download, improve, use and feedback !19/03/2012 sgisave@in.com 29

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