Business Education Industry Insight ----aarkstore Enterprise
Business education market in India is about Rs.30 billion in 2008 (campus and distance
education together) and growing at a rate of 12% CAGR in last 3 years. Currently 1,550 business schools producing over 100,000 management graduates every year is not enough to meet the growing demand for management education in India. As a result, opportunities in management education in India are immense. Hence, business education in todays environment plays a significant role and should prepare the students to face the challenges boldly. Several business schools have been set up in last few years but very few can mould the students to meet the expectations of the industry.
Key Findings and Highlights
Business education market in India is estimated to be about Rs30 billion in 2008 (campus and distance MBA together) and has grown at 12% CAGR for the last 3 years; huge potential exists for emerging institutes offering world-class facility with global accreditation.
About 25 B-schools in the country provide good quality of management education.
The number of students registered for Common Admission Test (CAT) for admissions into management schools in 2008 was about 290,000 compared with 230,000 in 2007. CAT applicants have been growing at a CAGR of over 20%.
Cygnus estimates that there would be growth of 25% in number of students to be appeared in 2009 in CAT.
Compared with the number of CAT applicants, the number of seats offered by premier IIMs is only 1,700, indicating huge demand-supply mismatch.
Reasons to Buy
Provides information on
- Ranking of Business Schools and Placements
- International Business Schools and Recruitment
- Foreign Universities & Collaboration in India
Get a thorough understanding about the Business Education in India