indian higher education sector

30
Indian Higher Education Sector Pranav Kadam - 11 Raj Padhiyar - 18

Upload: pranav-kadam

Post on 22-Jan-2015

1.532 views

Category:

Education


4 download

DESCRIPTION

Sector Analysis of Indian Higher Education Sector.

TRANSCRIPT

  • 1. Indian Higher Education Sector Pranav Kadam - 11 Raj Padhiyar - 18

2. History Brahmin gurus imparted education by means of donations and not through charging fees or funds from the students or their guardians. Later, temples were also centres of education. Religious education was compulsory but secular subjects were also taught. Students were required to be brahmacharis or celibates. 3. The priest class, the Brahmins, were imparted knowledge of religion, philosophy, and other ancillary branches The warrior class, the Kshatriya, were trained in the various aspects of warfare. The business class, the Vaishya, were taught their trade The working class of the Shudras was generally deprived of educational advantages. The book of laws, the Manusmriti, and the treatise on statecraft the Arthashastra were among the influential works of this era which reflect the outlook and understanding of the world at the time. 4. Current Scenario Education in India is provided by the public sector as well as the private sector, with control and funding coming from three levels: central,state, and local Education in India falls under the control of both the Union Government and the State Governments, with some responsibilities lying with the Union and the states having autonomy for others. The various articles of the Indian Constitution provide for education as a fundamental right. India has made progress in terms of increasing the primary education attendance rate and expanding literacy to approximately three quarters of the population The private education market in India was 5% and in terms of value was estimated to be worth US$40 billion in 2008 but had increased to US$6870 billion by 2012. 5. Industry Growth & Size The Indian Education sector is characterized by a unique set of attributes:- Huge market size both in terms of number of students and annual revenues A potential growth rate of 16% is expected over the next 5 years Significant activity in terms of new foreign entrants and participation is expected to be witnessed in the years ahead Accreditation is still not mandatory, however, reforms are in the pipeline to address this issue 6. Higher Education - Overview The Indian education sector has been recognized as a Sunrise Sector for investment in the recent past. Post-independence India has witnessed an above average growth in the number of higher educational institutions vis--vis its population. The higher education sector, owing to its huge potential, holds very promising prospects. With an estimated 150 mn people in the age group of 18-23 years, the sector offers one of the most attractive yet highly complex market for the private/foreign players. The Planning Commission in its approach paper to 12th Five Year Plan had suggested that the current not-for-profit approach in the education sector should be re-examined in a pragmatic manner so as to ensure quality without losing focus on equity 7. Higher Education in India: Current State of Play There are three principal levels of qualification within the higher education system in the country: 1. Graduation level 2. Post-graduation level 3. Doctoral degree. The institutional framework consists of Universities established by an Act of Parliament (Central Universities) or of a State Legislature (State Universities) Deemed Universities* Institutes of National Importance** Institutions established State Legislative Act Colleges affiliated to the University (both government-aided and unaided) 8. Structure of Indian Education Sector 9. Structure of Indian Higher Education Sector Formal EducationFormal Education Technical & Professional Education Technical & Professional Education Skill DevelopmentSkill Development Vocational Training Vocational Training Higher Education Sector Higher Education Sector 10. Formal EducationFormal Education CompositionComposition Key RegulatorsKey Regulators Accreditation Bodies Accreditation Bodies Key PlayersKey Players Institutes of national importance Universities Colleges Polytechnics Institutes of national importance Universities Colleges Polytechnics UGC State Government IGNOU UGC State Government IGNOU NAACNAAC Ruia College St Xaviers College Ruia College St Xaviers College 11. Technical & Professional Education Technical & Professional Education CompositionComposition Key RegulatorsKey Regulators Accreditation Bodies Accreditation Bodies Key PlayersKey Players Engineering colleges Management Schools Law, Medical, Pharmacy etc. Engineering colleges Management Schools Law, Medical, Pharmacy etc. AICTE Bar Council of India Medical Council of India ICAI AICTE Bar Council of India Medical Council of India ICAI NBANBA K J Somaiya VJTI K J Somaiya VJTI 12. Skill DevelopmentSkill Development CompositionComposition Key RegulatorsKey Regulators Accreditation Bodies Accreditation Bodies Key PlayersKey Players ITIs ITCs Private Skill Development Centers ITIs ITCs Private Skill Development Centers DGET incase of ITIs/ITCs Unregulated for others DGET incase of ITIs/ITCs Unregulated for others NoneNone ITIs/ITCs Private centers ITIs/ITCs Private centers 13. Vocational TrainingVocational Training CompositionComposition Key RegulatorsKey Regulators Accreditation Bodies Accreditation Bodies Key PlayersKey Players Finishing schools English training Air hostess Academies Finishing schools English training Air hostess Academies No RegulatorNo Regulator NoneNone Frankfin VETA Frankfin VETA 14. Size of Indian Higher Education Sector CAGR 12% 15. Factors acting as growth drivers to the Higher education sector A booming economy and growing middle class Low GER in higher education (~15%) the target GER of 30% by 2020 would mean 24 mn new enrollments Increasing share of the services sector further emphasizes the role of education in developing manpower to global standards Several reforms by the government including the Education Bill are on the anvil to give a push to the education sector Foreign investment likely to come in with the passing of the Education Reforms Bill 16. Recent trends in the Higher Education sector Higher Education in India is decentralized under the DHE with separate councils (e.g. AICTE, MCI etc.) responsible for the regulation of different streams The UGC has allocated a general budget of Rs.5,244 crores for the year 2011-2012 to be distributed under eight broad categories Private institutions in India are focusing more on professional courses such as engineering, medical and MBA GER has increased to 15% in 2009-2010 from 11.5% in 2005-2006. GER for 2010-2011 has been estimated at 16%* 17. Faculty-wise the figure of enrolment of higher education for the year 2006-2007 & 2010- 2011 has been increased in certain streams. These include arts, science, commerce/management, medicine and agriculture. It has increased by 17.88%, 31.68%, 38.89%, 77.82% and 38.33% respectively Estimated population in 18-23 age group: 150 mn with GER of around 15% 18. 12th 5 year plan and scope for Public Private Partnership The 12th Fiver Year Plan focuses on Expansion, inclusion and quality to achieve the national goals in education. During the 12th-Plan period, a target enrollment of 10 mn additional seats equivalent to 3 mn seats for each age cohort is aimed at in the higher education system. This would significantly increase the GER bringing it broadly in line with the global average There is unanimous agreement of the fact that the private sector needs to be involved to complement and supplement the efforts of the Government 19. The PPP Model 20. Regulatory Environment 21. Stakeholder Mapping 22. Education Value Cycle 23. Reforms in the pipeline NCHERNCHER UGC/AICTE/OtherUGC/AICTE/Other Indian & Foreign Institutions Indian & Foreign Institutions Accreditation Agencies Accreditation Agencies National Accreditation Regulatory Authority National Accreditation Regulatory Authority National Educational Tribunal National Educational Tribunal State Educational Tribunal State Educational Tribunal Appeals Proposed Structure Exsisting Structure 24. Challenges Facing Growth Low GER 25. Challenges Contd.. Quality i. Curriculum and Pedagogy ii.Infrastructure iii.Faculty iv.Accreditation v.Industry Linkages vi.Employability vii.Research and Innovation 26. Challenges Contd.. Management & Governance i. Regulatory environment ii. Financial resources iii. Structure of higher education 27. Opportunities Public expenditure not enough to meet the burgeoning requirements Growing role of private sector 28. Existing & Future Opportunities for Private & Foreign Sector Participation 29. Future.. 30. Thank You