2. JOHNS HOPKINS UNIVERSITY
JHU – private research university
Founded in 1876
Revolutionized higher education in the U.S. by integrating
teaching and research
36 Nobel Prize winners have been affiliated with Johns
Hopkins
Revenue – US $ 6 billion
4. STRENGTHS OF JOHNS HOPKINS
Experience
138 years old institute
Experienced staff and faculty
Rankings
# 1 by National Science Foundation among U.S. academic
institutions in total science, medical, and engineering
research and development spending for 31 consecutive
years
#12 in the U.S. News and World Report undergraduate
programs
Global Presence
Divisions in U.S., Italy, China, Singapore, and Malaysia
Interconnected domains of medical education
Curriculum design, instructional methods and assessment
measures
6. OPPORTUNITIES IN KSA
World’s 8th highest spender education services
New 5 year program costing 4 bn SR to provide 10,000
scholarships for studying in KSA
Initiated a complete reform of the current education
system,
Building new educational institutes
Funding overseas degrees and training programmes
Focus shifted to educate young Saudis to fill jobs which
are currently being held by expatriates in line with
Saudization
FDI
No minimum capital requirements
100% foreign owned enterprise
Prevalent diseases – diabetes, gastrointestinal disorders,
7. THREATS IN KSA
Fulfilling demand for high quality faculty
Award of scholarship to 150,000 students
There are no centralised guidelines for assessments
for intakes
Rapid increase in medical colleges over a short period
of time – Delay might exhaust the demand
Influx of foreign medical graduates
Language barrier towards English
8. BUSINESS PROPOSAL
Providing Medical Education
To be completed
Number of Physicians passed out each year
Assuming 50 doctors and 75 Nurses
Required number of Physicians – to be at par with US
Demand of hospital beds is to grow to 70,000 in 2016
whereas currently there are approx 59409 beds. (Booz
and co report)
Due to growing population the hospital beds/1000
people have come down to 2.1 in 2013 from 2.2 in 2009
(worldbank.org)
11. WHY
Cost of similar education in U.S.
Tuition Fees: $48,000
Miscellaneous Expenses$67,500 (Includes costs of
books/supplies, loan fees, health insurance, licensure fees, living
expenses, and transportation allowance)
Total Cost ((48,000 + 67,500) * 4): $270,000
Interest Incurred during Residency: $100,000
Total Cost: $370,000
Monthly Premium Repayment: $3,370 (180 instalments)
Interest Incurred after Residency: $237,000
Total Repayment: $607,000
415 government and 127 private hospitals
12. REQUIREMENT
Council of Higher Education mandates all institutes of
higher education to be accredited by the NCAAA
Minimum 5 partners and 3 colleges
The NCAAA has developed a comprehensive quality assurance and accreditation system that has benefited from international experience while keeping its local characteristics.
Its responsibilities include establishing standards, criteria and procedures for accreditation, reviewing and evaluating performance of existing and new institutions, accrediting institutions and programs, and supporting improvements in quality
Its responsibilities include establishing standards, criteria and procedures for accreditation, reviewing and evaluating performance of existing and new institutions, accrediting institutions and programs, and supporting improvements in quality
a) http://www.irmgard-coninx-stiftung.de/fileadmin/user_upload/pdf/Population_Politics/PopPolitics/Mahdi.pdf
b) http://www.arabnews.com/news/483821