Education industry was the lone bright star in the year gone by

Education industry was the lone bright star in the year gone by

Education industry was the lone bright star in the year gone by
Enough of land slide in stock markets, rising prices of essentials, eroding margins, credit crunches, cost of finance, real estate crashes, evaporation of investment banks and loss of salaries. Pallavee Dhaundiyal Panthry opens the new year on a positive note outlining the growth of the education industry in otherwise bloodbath-2016

V K MENON , SENIOR DIRECTOR - CAREERS, ADMISSIONS AND FINANCIAL AID, ISB, HYDERABAD: Higher education is at an embryonic stage and will have exponential growth in years to come. We live in an age of specialisation. The right fit to the right job needs specific skill sets. Such matching skill sets are in high demand. Their availability is low.

Let us look at an example. Let us take a hospital chain which wants to grow pan India. People with the classical management skills, like strategic planning, positioning, finance, marketing, technology etc are required. Ideally they should also be doctors.

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However, those offering specialised MBA programs like hospitality, retail, insurance and risk management, media and rural among other streams sustained their growth. In medicine, there is a large gap between the demand and number of seats available. 2016, as any other year, saw medicine and dentistry in demand. Until the procedures for setting up medical colleges are simplified , this gap will continue. I think 2016 will be a year of specialised courses see more focus on choices.

VINEET GUPTA , DIRECTOR, JAMBOREE

There was a slight decline of aspirants for courses like MBA which require high investment for students were hesitant to make investments in an uncertain job market. There were also less students wishing to study a mater's degree abroad. Number of students for bachelor's degrees continued to remain high. This year, demand for master's courses will increase as companies are again hiring . Job market is looking robust for 2016. The specialised areas in demand will be biotechnology, construction management, internet marketing and entrepreneurship.

S R DUGAL , CHAIRMAN, INSTITUTE OF CLINICAL RESEARCH INDIA

Definitely I see more students stirring towards higher education in the coming year. With an increasing demand for specialised knowledge accompanied by the rapid annual economic growth rate there has been considerable improvement in higher education scenario of India in 2016, both in quantitative and qualitative terms. More students are aiming towards a better education, especially in fields such as clinical research and healthcare management which were initially less explored a decade ago.

The need for highly qualified personnel in tune with a good understanding of global standards calls for a demanding and challenging curricula. Talking about the demand of the industry in 2016, it seems that healthcare would be the new buzzword now. If you're tapping into the healthcare job market as you navigate on your career path, you've chosen one of the fastest growing industries in the labour market.

As for 2016 we have many things in mind. We would be introducing various new courses which will help the students to understand and implement new things in this sector. Also we plan to recruit around 6000 students for various courses offered compared to the 4000 we did in 2016. We want to provide a larger platform for students to achieve their goals..

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Comments

0 # Lakshay 2017-10-14
Hii, I am from Kamarajar, please tell me the duration of B.Ed course
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0 # Pallavi 2017-10-15
Hello, Good to see that you are from Kamarajar, the duration of B.Ed course is 2 years
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0 # Vivaan 2017-08-19
Hello, I want to know about the entrance exam for MBA, also suggest some MBA colleges in Gwalior
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0 # Mukesh 2017-08-20
There are various exams for MBA i.e. CAT, MAT, XAT, SNAP, etc, you can give CAT for IIMs, find MBA colleges in Gwalior here-Sikkim Manipal University - Gwalior ; Kompass Aviation - Gwalior ; NIS Academy - Gwalior ; Prestige Institute of Mangement
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0 # Nishith Older than three months
Hello sir, I am 3rd year B.com student, I want to pursue MBA from Thiruvananthapuram,Please suggest top B-School over there.
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0 # Shruti Older than three months
Hello, after b.com, MBA will be the right career option, you can find here the list of good B-Schools in Thiruvananthapuram- MBA in Thiruvananthapuram
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