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EDUCATION SYSTEM IN INDIA
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0 1 2 3 4 5 6 7 8 9
PRESENTATION BY :-
Prateek Kataria Avika Sood Sanjay Agarwal Prabhleen Lamba
INTRODUCTION
Indian Department of Education : Ministry Of Human Resource Development
Headed By: Kapil Sibbal
National Budget: 52,057 crore
System Type: Federal ,State , Private
Literacy
Total Male Female
71% 82% 65%
Source: IDFC-SSKI Research
PRESENT SCENARIO
National Council For Education Research and Training is the apex body for Curriculum
NCERT provides research and Training and Research assistance to various Schools.
Other Bodieso ICSE (Indian School Certification Examination)o State Boardso National Institute Of Open Schooling
Source: IDFC-SSKI Research
STRUCTURE
Source: IDFC-SSKI Research
ISSUES Work Force Quality
o 25% of public sector teachers and 40% of public sector medical workers were absent
o Absence rates ranged from 15% in Maharashtra to 30% in Bihar
Infrastructureo 59% of the schools had no drinking water and 89% had no toiletso 3.5% of primary schools in Bihar and Chhattisgarh had toilets for girlso The number of secondary schools is almost half the number of upper
primary schools available in the country
Curriculum Issueso Rote learning rather than problem solving
Participationo Lower secondary level enrolment rate is 52%o Senior secondary level it is 28%o Pre-school is merely 18%o 48% drop-out rate in elementary education Source: Fortress Team Research
GRIM REALITYA NEED FOR CHANGE
IES - the largest Inefficiency - the highest Investablity quotient(IQ)- the lowest
Largest Capitalized space • Public spend of $30bn (3.7% of GDP) • Private spend of $50bn (14% CAGR)
Largest Supply• A network of ~1m schools and 18,000 HEIs• First Indian satellite - EDUSAT (launch Sep-04) to serve the education sectorLargest Demand • Globally the largest population of 572m within the 0-24 years age group
‘Insufficient’ funds • Free product loses market share - 40% of the student base enrolled in private schools
‘Inefficient’ supply• 66% of the school network only till primary level• Only 0.85% of USD 30 bn spent on capital expenditure
Lowest enrollments, highest dropouts• 61% of target population enrolled• 40% dropout
$40bn:‘overregulated & under- governed’ • For 80% of the private spends (formal IES), regulations (not-for-profit mandate) a big deterrent • Low political will to bring about the much required structural change
$10bn: Scores low on scalability. For remaining 20% (non-formal IES), scalability remains a big issue
Source: IDFC-SSKI Research
COMPARATIVE ANALYSIS
( 2009)
COMPARISON OF REGULATIONSSegment India US UK Brazil Singapore
Pre-School Profit motive allowed
Profit motive allowed
No regulations
Low regulations
Low regulations
K-12 Non profit motive
Profit motive allowed
Profit making not allowed
No government interference in fees
Profit making allowed
Tutoring Profit motive allowed
- - - -
Higher Education
Non profit motive
Profit motive allowed
Profit making allowed
No government interference in fees
Profit making allowed
Vocational Profit motive allowed
Profit motive allowed
Not controlled
Not controlled
Special policies to encourage growth
Preparatory Profit motive allowed
- - - -
Source: Technopak Advisors Report
KEY PLAYERS IN PRIVATE SECTOR
Preschool
Multimedia/ IT in Schools
Coaching Classes
Vocational Training
Book Market
Source: Company, IDFC-SSKI Research
DEEPER DIVE INTO PRIVATE IES
7% of these schools are private - yet 40% of the students are enrolled Private
India has 18,000 higher education institutes - 77% of them are private
93% Government
7%Private
40% Private
60% Government
77% Private
23%Government
Total no. of students enrolled 219m
Total no. of Higher Education Instututes18,000
Total no. of schools 1,025,000
US$ 50 Bn expected to grow to US$ 80 Bn by 2012 (14% CAGR)
Source: IDFC-SSKI Research
STRUCTURAL CHANGES REQUIRED
AgAgenda
What is the Issue? What Needs to Change?
• Regulations require all institutions to be run as a trust or society• No dividends & surplus to be ploughed back
• A structural change required to allow for-profit schools & colleges.
• More than 75% of educational institutes run by politicians
• Strong political will to realign education policies• Vested interest needs to take a back seat
• Subsidized land demarked for schools is hoarded & resold to schools at much higher prices
• State development authorities need to put a system in place to ensure genuine bidders get land
• Despite 100% FDI, no regulation formulated for recognizing foreign HEIs under UGC
• Clear regulations need to be in place to recognize foreign universities
‘Trust’ Issues
Political Quagmire
Low FDI
Land Blues
Source: IDFC-SSKI Research
DEEPER DIVE INTO PRIVATE IES
IIM A IIM B IIM C IIM K0
0.2
0.4
0.6
0.8
1
1.2
1.4
0.2 0.2 0.15 0.15
1.15
0.9
0.6 0.6
1999 2008
Fees
per
ann
um (R
s. m
)
Private Schools Coaching Classes0
50001000015000200002500030000350004000045000
15000
3500
40000
16000
1999 2008
Fees
per
ann
um (R
s.)
CAGR 12%
CAGR 18%
Household spend on education - CAGR of 8.6% versus consumption growth of 3.2% over 1995 - 2005
Source: IDFC-SSKI Research
Growth Scalabliby Value creation
Non- regulated Comments
Pre-school Kids and Kangaroo Kids are the relevant players
K-12Innovative structures evolving; Educomp Solutions
Higher Education
Innovative structures evolving; a long term game; Manipal Universal Learning the only investable player
Vocational Training and
coachingNIIT the only scaled-up model;80% of the market difficult to scale
BooksLow-growth market (reusability at 70%Low-growth market (reusability at 70%
Multimedia in Schools
Annuity business model; Educomp Solutions
Source: IDFC-SSKI Research
KEY TRENDS & WAY FORWARDInternationalization Establishing international collaborations for faculty/student exchange Offshore campuses - Monash University, Leeds University
Changes in Policy Landscape Changes expected in matters of transparency & norms Stress on quality above quantity
Increase in the Need for Professional Talent Scarcity of availability of faculty Increase in difficulty in filling jobs - 67% in 2011
Adoption of Technology Increasing need for streamlining & controlling processes Multimedia in school is expected to grow to $320 mn in 2013
Source: IDFC-SSKI Research
Growth of Multi-Campus Model Colleges opening other campuses
Online Education Due to an great increase in the number of internet users Expected to grow to $220 mn in 2013 from $40 mn in 2008
Sports Education $38 bn sports education and management industry Entities like Edu Sports, Kooh Sports, Sports Education Development
Vocational Education/ Training Enhance workforce from current 12% to 25% by 2017 Government intends to open 250,000 schools in next 5 years
KEY TRENDS
Source: IDFC-SSKI Research
SWOT ANALYSIS
STRENG
THS
Responsible for creation of large human resources
Skill set with English proficiency and quantitative has resulted in international demand of Indian students
Presence of Government run initiatives and NGO’S have provided a strong base to the system
New education reforms has made education sector more lucrative
According to world bank, 3.6 million teachers working on full time basis
Source: IDFC-SSKI Research
WEAKN
ESS Lack of investment in infrastructure leading to mis –
administered universities
Heavy dependence on government funding
Political interference in the university administration
Lack of market orientation in designing curriculum
Inadequate collaboration among professional organizations
Little scope in extra curricular activities
Source: IDFC-SSKI Research
OPPO
RTUN
ITIES Inflow of foreign students resulting in huge revenues
Increased competition resulting in improved efficiency and quality
FDI in education helping the Indian students to get education at cheaper costs
More than 300 equity funds likely to invest in indian education system
44.4% increase in American students (2,690 in 2010 to 3,884 in 2011)
Source: IDFC-SSKI Research
THREATS
Private institutions may not indulge in social responsibility
Regional disparities between rich and poor may widen
Marketing techniques by universities may promote courses which are irrelevant to students
High growth in foreign and Indian colleges might focus on profit making rather than quality education
Source: IDFC-SSKI Research
THANK
YOU