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iStudy-China
Shuni Lou, Anisha Murarka, Mikhail Shalygin & Potter Weng
Agenda
Approach
•Assessment
•Research
Diagnosis
•Questions to
Answer
•iStudy Analysis
Analysis
•Demographic
•Competition
•Survey
Solution
•Recommendation
•Q & A Period
Approach
How we formulated our final answer.
Assessment & Research
A S S E S S M E N T
• Strategic analysis of
company
• Value Proposition
• Industry
• Demographic
R E S E A R C H
• Database
• Demographic & Market Growth
• Internet
• Demographic & Competition
• Network
• Testimonials &Market Desires
The Questions
What we were asked to answer
Industry Analysis
What agencies do you choose to help
you study abroad?
What agencies (both in China and
other countries) are you familiar with?
Globally, what are some of the big agencies
providing services to students looking to
study in China? How do they operate and
what are their characteristics?
What recommendations and advice
do you have to those agencies? How
can agencies be more popular?
What recommendations and advice
do you have on iStudy? What do you
want iStudy to improve most?
What do you think is inconvenient in
terms of studying and living in China?
What do you want to improve and
change the most?
iStudy’s Current Situation
A Diagnosis
Industry Analysis
THREAT OF NEW ENTRANTS: LOW
Demand Decreasing
Not Easy to organize or finance
BARGAINING POWER OF BUYERS: HIGH
Several options & channels
Easy access
Easy to do on your own
BARGAINING POWER OF SUPPLIERS: HIGH
University’s Outreach offices
International School Partnership
Internet Agency extra expense
THREAT OF SUBSTITUTES: HIGH
Well established agencies
Word of Mouth, Campus Recruiters, non-
Internet Agencies, Social Media
R I V A L R Y :
H I G H
Company Analysis
S T R E N G T H S
Simple Interface
Offers several non-
education options
Cost to run the
company
WE A K N E S S E S
Few testimonials
Small selection of
universities and
courses
Not user friendly for
non-English
O P P O R T U N I T I E S
Market capability
not being realized:
80% Asia
Network with
Chinese Schools
starting
International
Programs
T H R E A T S
Developed internet
agencies
Not required for
outreach
Other foreign
markets with better
accessibility
The Demographic
Who is the customer?
Who is Studying
South Korea,
25.88%
United
States, 9.95%
Thailand,
8.76%Russia,
7.08%
Japan,
6.19%
Indonesia,
5.63%
India, 5.58%
Pakistan,
5.49%
Kazakhstan,
4.84%
France,
4.41%
Vietnam,
4.38%
Germany,
3.37%
Mongolia,
3.26%
Malaysia,
2.73%
United
Kingdom,
2.43%
Where are Students Studying
74342
55911
25720
23209 22190 21298 21010
17896 15839
12056
Sites
#1
Beijing
74342 Students
#2
Shanghai
55911 Students
#3
Tianjin
25720 Students
What are they studying
#1
HUMANITIES
(CHINESE
LANGUAGE)
205K Students
#2
BUSINESS
&
MANAGEMENT
50K Students
#3
HEALTH
PROFESSIONS
49K Students
#4
ENGINEERING
27K Students
#5
SOCIAL
SCIENCES
&
EDUCATION
13K Students
#6
FINE &
APPLIED
ARTS
5K Students
#7
MATHEMATICS
& COMPUTER
SCIENCE
3K Students
How are they Studying
Chinese
Government
Scholarship
10%
Self Funding
90%
SOURCE OF FUNDING
35876
12114
164394
212660
42405
14319
182740
212660
Master Degree PhD Degree Total Degree
Programs
Non-Degree
Program
LEVEL OF STUDY
Current Students Projected Growth
The Competition
Who are the rivals?
#1 - CUCAS
“In terms of price CUCAS is far and away the best option… I was also touched by how
genuinely nice and concerned the CUCAS staff were”
– Tanner Green, United States of America
I N FORMATIVE E XTRA SE RVI CE S USE R FRI E N DLY
#2 – StudyAbroad 101
“Abroad101 is committed to expanding access to study abroad for all students and is providing scholarship
opportunities every month for students to expand their horizons.”
– Be Strong in China: Study Abroad 101 Blog Post
RE VI E WS &
TE STI MONIALS
NON -DE GRE E
PROG RAM FOCUSE D
#3 – Study in China
MORE PROGRAMS
OFFERED
MORE SCOLARSHIP
OPPORTUNITIES
The Survey
What do real students want?
Who is Studying
USA, 50%
Russia, 8%
India, 8%
Thailand,
4%
Japan, 4%
Phillipines, 4%
South
Korea,
4%
Dominican
Rep, 4%
Argentina, 4%
Mongolia, 4%
Laos, 4%
How Students found China
Exhibition fair Search Engine Poster Sister School Word of Mouth University Website
Why Students Chose China
My parents
moved here
I used to live
here, and
wanted to
come back
Travel is easy China is close to
my home
country
Chinese
Language
Inexpensive I was given a
scholarship
I like china I wanted to
study my field in
China
What Students Struggled With
Learning/Speaking Chinese
Ordering Food/Eating
Transportation
Mobile Communications
VPN/Internet
Traveling Inside China
Medical Care/Insurance
Personal Finances
Postal Service
Traveling Outside China
Housing
What Services Students Want
Personal Safety
Postal Service
Travel Agent
Insurance
Transporation
Food Ordering
Personal Finances
Mobile Plan
Translating
Internet/VPN
Housing
Our Recommendation
What our Analysis tells us.
What iStudy Currently Has
M I N I M A L
E X P E R I E N C E
&
R E S O U R C E S
M I N I M A L
B A R G A I N I N G
P O WE R
L A R G E
M A R K E T
wi t h
G R O WT H
P O T E N T I A L
C O M M E R C E
C H A N N E L S
&
S E R V I C E S
What iStudy Needs
A C T I V E B L O G
• News updates
• Testimonials
• Engagement
U N I V E R S I T Y
P A R T N E R S H I P S
• New universities
• Developing int’l programs
D E S I R E D S E R V I C E S
• Chinese Language
• Housing, Food ordering,
VPN, Translating, Mobile
H A R N E S S A M E R I C A S
• Courses in English
• Applicable education to
home country
Questions?
Thank you for your time.

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iStudyChinaPresentation

  • 1. iStudy-China Shuni Lou, Anisha Murarka, Mikhail Shalygin & Potter Weng
  • 3. Approach How we formulated our final answer.
  • 4. Assessment & Research A S S E S S M E N T • Strategic analysis of company • Value Proposition • Industry • Demographic R E S E A R C H • Database • Demographic & Market Growth • Internet • Demographic & Competition • Network • Testimonials &Market Desires
  • 5. The Questions What we were asked to answer
  • 6. Industry Analysis What agencies do you choose to help you study abroad? What agencies (both in China and other countries) are you familiar with? Globally, what are some of the big agencies providing services to students looking to study in China? How do they operate and what are their characteristics? What recommendations and advice do you have to those agencies? How can agencies be more popular? What recommendations and advice do you have on iStudy? What do you want iStudy to improve most? What do you think is inconvenient in terms of studying and living in China? What do you want to improve and change the most?
  • 8. Industry Analysis THREAT OF NEW ENTRANTS: LOW Demand Decreasing Not Easy to organize or finance BARGAINING POWER OF BUYERS: HIGH Several options & channels Easy access Easy to do on your own BARGAINING POWER OF SUPPLIERS: HIGH University’s Outreach offices International School Partnership Internet Agency extra expense THREAT OF SUBSTITUTES: HIGH Well established agencies Word of Mouth, Campus Recruiters, non- Internet Agencies, Social Media R I V A L R Y : H I G H
  • 9. Company Analysis S T R E N G T H S Simple Interface Offers several non- education options Cost to run the company WE A K N E S S E S Few testimonials Small selection of universities and courses Not user friendly for non-English O P P O R T U N I T I E S Market capability not being realized: 80% Asia Network with Chinese Schools starting International Programs T H R E A T S Developed internet agencies Not required for outreach Other foreign markets with better accessibility
  • 10. The Demographic Who is the customer?
  • 11. Who is Studying South Korea, 25.88% United States, 9.95% Thailand, 8.76%Russia, 7.08% Japan, 6.19% Indonesia, 5.63% India, 5.58% Pakistan, 5.49% Kazakhstan, 4.84% France, 4.41% Vietnam, 4.38% Germany, 3.37% Mongolia, 3.26% Malaysia, 2.73% United Kingdom, 2.43%
  • 12. Where are Students Studying 74342 55911 25720 23209 22190 21298 21010 17896 15839 12056 Sites #1 Beijing 74342 Students #2 Shanghai 55911 Students #3 Tianjin 25720 Students
  • 13. What are they studying #1 HUMANITIES (CHINESE LANGUAGE) 205K Students #2 BUSINESS & MANAGEMENT 50K Students #3 HEALTH PROFESSIONS 49K Students #4 ENGINEERING 27K Students #5 SOCIAL SCIENCES & EDUCATION 13K Students #6 FINE & APPLIED ARTS 5K Students #7 MATHEMATICS & COMPUTER SCIENCE 3K Students
  • 14. How are they Studying Chinese Government Scholarship 10% Self Funding 90% SOURCE OF FUNDING 35876 12114 164394 212660 42405 14319 182740 212660 Master Degree PhD Degree Total Degree Programs Non-Degree Program LEVEL OF STUDY Current Students Projected Growth
  • 15. The Competition Who are the rivals?
  • 16. #1 - CUCAS “In terms of price CUCAS is far and away the best option… I was also touched by how genuinely nice and concerned the CUCAS staff were” – Tanner Green, United States of America I N FORMATIVE E XTRA SE RVI CE S USE R FRI E N DLY
  • 17. #2 – StudyAbroad 101 “Abroad101 is committed to expanding access to study abroad for all students and is providing scholarship opportunities every month for students to expand their horizons.” – Be Strong in China: Study Abroad 101 Blog Post RE VI E WS & TE STI MONIALS NON -DE GRE E PROG RAM FOCUSE D
  • 18. #3 – Study in China MORE PROGRAMS OFFERED MORE SCOLARSHIP OPPORTUNITIES
  • 19. The Survey What do real students want?
  • 20. Who is Studying USA, 50% Russia, 8% India, 8% Thailand, 4% Japan, 4% Phillipines, 4% South Korea, 4% Dominican Rep, 4% Argentina, 4% Mongolia, 4% Laos, 4%
  • 21. How Students found China Exhibition fair Search Engine Poster Sister School Word of Mouth University Website
  • 22. Why Students Chose China My parents moved here I used to live here, and wanted to come back Travel is easy China is close to my home country Chinese Language Inexpensive I was given a scholarship I like china I wanted to study my field in China
  • 23. What Students Struggled With Learning/Speaking Chinese Ordering Food/Eating Transportation Mobile Communications VPN/Internet Traveling Inside China Medical Care/Insurance Personal Finances Postal Service Traveling Outside China Housing
  • 24. What Services Students Want Personal Safety Postal Service Travel Agent Insurance Transporation Food Ordering Personal Finances Mobile Plan Translating Internet/VPN Housing
  • 25. Our Recommendation What our Analysis tells us.
  • 26. What iStudy Currently Has M I N I M A L E X P E R I E N C E & R E S O U R C E S M I N I M A L B A R G A I N I N G P O WE R L A R G E M A R K E T wi t h G R O WT H P O T E N T I A L C O M M E R C E C H A N N E L S & S E R V I C E S
  • 27. What iStudy Needs A C T I V E B L O G • News updates • Testimonials • Engagement U N I V E R S I T Y P A R T N E R S H I P S • New universities • Developing int’l programs D E S I R E D S E R V I C E S • Chinese Language • Housing, Food ordering, VPN, Translating, Mobile H A R N E S S A M E R I C A S • Courses in English • Applicable education to home country

Editor's Notes

  1. Project Timeline How we formulated the final solution
  2. Methodology: Why our answers are valid Split the project into two parts in order to formulate the answer Assessment: strategic, porters 5 forces & SWOT, Answers all the relevant questions Research: 3 different channels to obtain our results
  3. Questions that iStudy gave to us to answer
  4. Porter’s 5 forces
  5. SWOT analysis
  6. Main sites to study in china Currently as students pour in, there is not enough infrastructure to sustain the growth Number of teachers is not increasing Number of schools that accept foreign students (300-400) is small
  7. Quality of education right now is not as high as other foreign schools Most come to study Chinese Courses provided are not internationally connected, and are undeveloped and focused on Chinese studies only Few courses in English or other foreign languages
  8. Scholarships are increasing due to supportive policy by the Chinese government Improved scholarship system
  9. http://www.cucas.edu.cn Partnered with 300+ Chinese universities (Search by location, level, type, attributes, admission, ranking) Offer 20,000+ courses, including both degree and non-degree programs Comprehensively collect facts for each university (Top reasons to study, popular programs, reviews from alumni, and detailed application information) Real feedback from students to increase credibility (Rating by clients, authorization letter from universities) Provide extra services (airport pick-up, transfer money, accommodation booking, visa application, and pre-departure preparation)
  10. http://www.studyabroad101.com Operating worldwide Offer 466 programs in China Many reviews and rankings (985 reviews in total) Limited information on locations, programs Some program has video Focused on non-degree program Key words: More Reviews; Non-degree Program Focused
  11. http://en.csc.edu.cn/laihua/indexen.aspx Category universities by provinces, cities Facts about each university (introduction, programs, accommodation, scholarship, website) Offer 44,637 programs in total (filter by degree, language, length, starting time, and scholarship) Informative on scholarship Recent news for each universities Alumni pages