Education sector is the one which is coming up fast. It’s a must for a graduate to do an MBA otherwise it’s not worth. Students from all field’s Arts, Commerce and Science think of pursuing MBA though in different specializations.
Executive education programmes are coming up these days. These are the programmes which are in demand in corporates.
Harvard is entering India it must have studied the markets well.
US-headquartered Harvard Business School (HBS) has decided to have a classroom of its own in the country for its executive education programmes and Indian corporate chiefs Ratan Tata and Anand Mahindra are said to be helping it find one.
The B-school had been conducting executive education or management development programmes (MDPs) in India since 2008 — but always in five-star hotels. Now it’s planning its own centre in India for executive education programmes which have been growing. [Source]
HBS ranks higher than all Indian B-schools. It was ranked the third best B-school in the world after Wharton School of Business (University of Pennsylvania) and London Business School, according to the 2010 Financial Times ‘Global MBA rankings’. [Check the top 20 list]
Charges for the executive education programmes are school- and programme-specific. For instance, HBS charges Rs 2.12 lakh (plus service tax) for a five-day programme on “Building a Global Enterprise in India” and ISB Rs 1.5 lakh for a five-day programme on “Marketing Strategy in a Competitive Environment” . IIM-Ahmedabad, on the other hand, is charging Rs 1.5 lakh for a five-day programme for top Management on “Corporate Strategy – Brand Strategy Linkages”.
A question thus arise to me is what will be the effect of this competition on the Indian education industry specifically the B Schools providing shorter duration executive education programmes!
This gives me one more suggestion that investing in education sector now makes sense. Stocks which I would now track would be Educomp Solution and Redington
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It is surely an indication of Western educational institutions showing strong interest in entering the competitive Indian education-market. However, my opinion is that there is a satisfactory demand for reputed executive level of education which is currently met by only a handful of the many business schools in India. What may spark off a run-for-money scenario in this market, will be when these esteemed institutions begin to enroll UG and PG level students in their established campuses in India.
There is a general trend of finishing studies first and then beginning a stint in the corporate world (which explains why an MBA in India doesn’t require a previous work experience). Let the US colleges first make a foray in this avenue and then juxtapose their success in this industry.
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