“Increase in working population and emergence of blended
learning have driven the growth of executive education market in Australia.”
Analysts at Ken
Research in their latest publication “Australia Executive Education Market Outlook to 2024 – Future
Growth Driven by Increasing Offerings of MDP Program and International Student
Enrollments” believe that the executive education industry
has been growing and is expected that it will expand further owing to the rise
in the number of working professionals, evolvement of aggregators in executive
education and growing demand for blended learning. The market is expected to
register a positive CAGR of 6.8% in terms of revenue during the forecast period 2019-2024E.
Emergence of Online and Blended Learning: There has been a shift towards the Online and Blended
learning programs due to the flexibility and accessibility provided by such
programs. Emergence of such programs impacted the executive education market
positively owing to the skill gap existing in the Australian workforce.
Increase in Working Population: There has been a rise in the number of working population
with a CAGR of around 2.1% in the period (2014-2019), reaching to around 153.9
million people in 2019 from around 138.5 million people in 2014, this paved way
for the increase in the target segment for executive education in Australia and
hence, impacted the growth in the market consequently.
Introduction of Women only oriented Programs: There has been a trend of offering women only programs in the
review period. This introduction of women only oriented programs was mainly
done in order to promote gender diversity in higher management roles. This
promoted more women to actively participate in the executive education programs
which stimulated the growth in the market.
Rise in the Government Expenditure on Education: There has been an increase in the government expenditure on
education in the review period (2014-19) with a CAGR of around 3.8%, increasing
from AUD 85.8 billion in 2014 to AUD 103.4 billion in 2019. This also paved way
for the growth of executive education in Australia.
Attraction of International Students: Australia is viewed as the destination of choice for
international students looking to enroll in higher education courses,
consistently attracting more international students than other developed nations
such as Canada, Germany, Japan and Singapore, with a net inflow of
approximately 250,000 students per year. There has been an increase in the
number of overseas students enrolment in higher education courses in Australia
from 0.2 million students in 2013 to around 0.4 million students in 2018.
Key Segments Covered:-
By Type of Executive Education:
Executive Masters
Revenue
Number of enrolments
Number of
Programs
MDP
Revenue
Number of enrolments
Number of
Programs
By Type of Executive Masters
Executive MBA
Revenue
Number of
Programs
Number of enrolments
Executive Non MBA
Revenue
Number of
Programs
Number of enrolments
Executive Masters Program By Mode Of Delivery
Offline
Online
Blended
By Element of Executive Masters
Structured
Customized
Executive Non MBA Programs by Type
Leadership
Health
Project
Management
Public
Administration
Accounting and
Others
Key Target Audience:-
Australian
Universities
Australian Education
Aggregators
Global Education
Aggregators
Management Consultancy
Firms
Executive Education
Providers
Education
Authorities
Education
Consultants
Time Period Captured in the Report:-
Historical Period - 2014-2019
Forecast Period – 2019-2024E
Universities Covered:-
Bond University
UNSW
University of
South Australia
University of
Melbourne
Torrens
University
University of
Sydney
Monash
University
University of
Technology Sydney
Macquarie
University
Curtin
University
University of
Western Australia
Murdoch
University
La Trobe
University
Queensland
university of Technology
Deakin
University
For more information, refer to below link:-
Related Reports:-
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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