Education Industry Overview


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Education Industry Overview

  1. 1. Technology Independent Expertise ©Chartered Technofunctional Tec noh Func TechnoFunc Presents Overview of Education Industry
  2. 2. Overview of Education Sector Education in its broadest, general sense is the means through which the aims and habits of a group of people lives on from one generation to the next. Generally, it occurs through any experience that has a formative effect on the way one thinks, feels, or acts. In its narrow, technical sense, education is the formal process by which society deliberately transmits its accumulated knowledge, skills, customs and values from one generation to another, e.g., instruction in schools. Source : Wikipedia
  3. 3. Importance of Education Why is education important? • Education gives us Knowledge • Education teaches us lessons of Humanity • Education comprises good thoughts in human being • Education tells men how to think, how to work properly, how to make decision. • Education contributes to human development • Education gives us employment and identity. • Education highlights the human talents. • Education leads to innovations and discoveries. • Education develops a meaningful outlook on life. ©Chartered Technofunctional
  4. 4. Levels in Education ©Chartered Technofunctional Primary Education Secondary Education Higher education Technical Education Open and distance learning
  5. 5. What drives the Education Industry Demand and Supply are the two main factors which drive the direction of the Education Industry. The demand drivers of the education sector include:  Household disposable income.  Cost of education.  Opportunity cost of education  Cultural mindset  Government Boost The supply drivers of the industry include:  Availability of qualified work force  Government funding  Changes in social outlook: Campus Universities VS. College Online.
  6. 6. Challenges in Indian Education System ©Chartered Technofunctional Improving the quality of education at all levels in India Increase in the expenditure on education sector specially at Higher levels Improve the literacy rate in India Awareness about need of education in rural India
  7. 7. How to Improve Education System? Essential Components of a Successful Education System : ©Chartered Technofunctional Better Standards More Accountability More Parent Involvement Autonomous Structure Use of Advanced Technology Updated Curriculum Periodic Assessments
  8. 8. TECHNOFUNC ©Chartered Technofunctional Thank you for watching/downloading our training material. Users are free to download the material for their personal use only. Commercial use is strictly prohibited without prior permission from the Chartered Technofunctional Institute. If you need copies of this material for corporate training or commercial use please contact for further details All Videos are available at for free Helping IT Professionals build successful careers TECHNOFUNC