Showing posts with label Executive Education Market India. Show all posts
Showing posts with label Executive Education Market India. Show all posts

Tuesday, July 12, 2022

India Executive Education Market: Industry Outlook, Revenue, Growth Rate, Trends, Share, Size, Opportunities and Forecast to 2027

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The report titled “India Executive Education Market Outlook to FY’2027: Driven by rising skill gap in the country and growing demand of customized courses to overcome automation disparity in business processes” provides a comprehensive analysis of the fast-growing Executive Education market in India. The report also covers overview and genesis of the industry, market size in terms of revenue; Enrolments and Programs; product comparison of different education institutes, market shares of major executive education providers on the basis of programs, while taking a look at how impact of COVID-19 has changed the purchase behavior of Indian Students which has led to the rise of this market, what are the major growth drivers of this market and issues, challenges and risks faced by students. The report also focuses on Demand side analysis, including student segmentation of Executive Education consumers by age group, gender, level of management, work experience and industries represented and Student Persona Analysis. The report concludes with long term outlook assessing the Growth in Programs and Revenue.

The report deep dives into the current education institutes providing E-MBA and MDP courses such as IIMs, IITs, ISB, Great Lakes, XLRI, AIMA, among others, covering the market share of such institutes in the Executive Education Space in India, by revenue in FY’22P, program structure, batch analysis and in-depth study of offerings. A thorough cross-comparative analysis of these institutes is included in the report across various parameters such as Year of Establishment, Type of Institute, Location, Number of Programs, Type of Programs, Number of Specializations, Duration of Courses, Revenue, Minimum Work Experience Required, Average Batch Size, Total Students Intake, Academic Staff, Number of Electives Offered, USP, Course Fees, Number of Enrollment, Mode of Learning and others.

The report also includes Snapshot of niche players in the Virtual Learning space such as Jaro Education, Emeritus, Hughes Education, NIIT Imperative Limited, UpGrad, Coursera and Others, along with interviews from their respective founders to shed some light in these niche spaces in the market.

The report concludes with future outlook for the market along with projections of the Executive Education market, along with recommendations on best practices specific to this market and segment analysis, highlighting major opportunities for growth in this market.

Indian Executive Education Market

Indian Executive Education market grew at a CAGR of ~3.2% by Revenue (total value of the programs in executive education), during FY’17-FY’22P. The Average ticket size has shown a ~1.1x growth in the same period as well.

Ambitious government initiatives, rising adoption of automation in India, paired with economic feasibility of opting for executive education courses for working professionals has led to the growth of Executive Education market in India.

India Executive Education Market Segmentation

E-MBA courses provide majority Revenue with ~71% of market share in the total Revenue of Executive Education market in India. Online mode of learning is prevalent compared to offline programs, and MDP courses accounts for majority of the demand for Executive Education.

Demand Side Analysis: 30-34 Years age group is the prime segment of Executive Education students, with ~40% of market share of the total Enrolments. 30-34 Years working population with mid-level management, with 6-10 years of experience are the earliest adopters of Executive Education services. Thriving technology adoption and convenience offered by the education providers are primary reasons for students to adopt Executive Education practices.

Competition Scenario among Executive Education Players:

The India Executive Education market consists of

  • Government B-Schools, such as IIMs, IITs, IIFT, FMS, etc.
  • Private B-Schools, such as ISB, XLRI, Great Lakes, NMIMS, etc.
  • Training Institutes, such as AIMA, ICFAI, etc.
  • E-Learning Providers, such as, Jaro Education, UpGrad, Emeritus, Coursera, Hughes Education, EdX, etc.

Comparative Landscape of India Executive Education Market

  • Structure of courses, career advancement opportunities, brand image and global recognition of the institutes, tie-ups, ranking of the college, and quality of faculty base are among major features commended by customers. Even among niche players, adoption has been driven by ease of learning for new students.
  • Executive education players such as IIM Bangalore, IIM Ahmedabad, ISB Hyderabad and ICFAI Business School have shown largest share in market by their revenues in FY’22P
  • The total funding for on Universities and Higher Education by the Government of India has been valued at ~35,100 INR Crores as of FY’21

India Executive Education Market Future Outlook and Projections

The Executive Education Market in India is anticipated to grow with the growing adoption of smart phones and internet penetration, growing demand of tailored courses in the corporates, and hybrid learning techniques and global exposure offered by educational institutions. Over the forecast period FY’22-FY’27, the India Executive Education Market is further anticipated to showcase an upward trend in terms of Revenue and average ticket size, much faster than the earlier years, with the market consistently expanding. Expected government regulations are expected to make the market more reachable for customers as well.

Key Segments Covered in India Executive Education Market

  • By Type of Programs
  • Executive MBA
  • MDP

India Executive Education Market – EMBA Segmentation

  • By Mode of Funding
  • Company-Sponsored
  • Self-Funded
  • By Duration of Courses
  • 0-12 Months
  • 12-24 Months
  • >24 Months
  • By Type of Courses
  • Part-Time
  • Full-Time
  • Others
  • By Number of Electives Offered
  • 0-10
  • 10-20
  • 20
  • By Type of Institution
  • Government
  • Private Institutions
  • By Mode of Learning
  • Virtual, In-Person
  • Hybrid

India Executive Education Market – MDPs Segmentation

  • By Course Duration
  • <1Week
  • 1 Week – 1Month
  • >1Month

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  • By Type of Courses
  • Strategy
  • Leadership
  • Management
  • Marketing & Sales
  • Finance & Accounting
  • Others
  • By Type of Institution
  • Government
  • Private Institutions
  • By Mode of Learning
  • Virtual
  • In-Person
  • Hybrid

Key Target Audience

  • Government Executive Education Providers
  • Private Executive Education Providers
  • Virtual Learning Providers
  • Corporations and Institutions offering Employee Training
  • Research organizations and consulting companies
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to Executive Education

Time Period Captured in the Report:

  • Historical Period: FY’17-FY’22P
  • Forecast Period: FY’22P-FY’27F

Major Executive Education Providing Institutions in India:

  • E-MBA Course Providers
    • IIM Ahmedabad
    • IIM Bangalore
    • ISB Hyderabad
    • Great Lakes Institute of Management
    • ICFAI Business School
    • XLRI
    • IIM Calcutta
    • All India Management Association
    • P.Jain Global Institute
    • IIFT Delhi
    • Others
  • MDP Course Providers
    • IIM Ahmedabad
    • IIM Bangalore
    • IIM Calcutta
    • IIM Lucknow
    • ISB Hyderabad
    • Great Lakes Institute of Management
    • XLRI
    • All India Management Association
    • MDI Gurgaon
    • IIM Kozhikode
    • Others
  • Virtual Players
    • Jaro Education
    • Emeritus
    • Jigsaw Academy
    • Hughes Education
    • NIIT Imperative Ltd.
    • Coursera
    • Times Professional Learning
    • UpGrad

Key Topics Covered in the Report

  • India Socio-Demographic Overview and Education Market Snapshot
  • India Executive Education Market Overview
  • Executive Education Market Ecosystem in India
  • India Executive Education Market Size and Segmentation
  • E-MBA Services Industry Overview
  • E-MBA Services Industry Market Segmentation
  • E-MBA Services Industry Demand Analysis
  • E-MBA Services Industry Competitive Landscape
  • E-MBA Services Industry Future Market Segmentation
  • MDP Services Industry Overview
  • MDP Services Industry Market Segmentation
  • MDP Services Industry Demand Analysis
  • MDP Services Industry Competitive Landscape
  • MDP Services Industry Future Market Segmentation
  • Trends and Developments in India Executive Education Market
  • Trends and Developments in End User Preferences
  • SWOT Analysis of India Executive Education Market
  • Porter 5 Forces Analysis of India Executive Education Market
  • Growth Drivers in India Executive Education Market
  • Issues and Challenges in India Executive Education Market
  • Supervisory Framework for Executive Education Market in India
  • Impact of COVID-19 on Demand and End user preferences in Executive Education Market
  • Cross Comparison of Major E-MBA and MDP Providers across major decision-making parameters (such as type of programs, student enrolments, fees of the program, value propositions and others)
  • Market Share (By Revenue), Enrolment Number and Total Number of Programs, of Major Executive Education Providers in India, FY’22P
  • Snapshot of e-Learning Providers in Executive Education in India
  • Comparative Assessment: Company Overview (Inception Year, Office Location, Number of Programs, USP, Number of Alumni, Academic Partners, Average Fees, Duration of Courses, Mode of Delivery, Eligibility Criteria, Key Target Audience, Value Proposition, Key Offerings and Others)
  • Future of Executive Education Space in India
  • Outlook and Projections of Market Size of Executive Education Market in India, by Revenue (INR Cr) and Number of Programs, FY’22-FY’26
  • Industry Best Practices
  • Opportunities in the demand side
  • Industry Speaks

For more information on the research report, refer to below link:-

India Executive Education Market Outlook to FY’2027: Ken Research

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