Education Institutions
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There has been a meteoric rise of private institutions imparting education both at school and college levels in India and enrollment in these private institutions have also seen an exponential growth. India has the largest population under the age of twenty-five which on one side reflects the great strength of the nation while on the other side lies the challenge of providing quality education to these forty seven percent of the population. Providing quality education is the dream of every parent but the education sector is in major crisis today with both private and public school struggling to meet this crucial need.
Indian education system will reach a staggering $ 40 billion market. At present forty-five lakhs private schools are catering to the need of over 12 crore school children and about 78% of the colleges are in the hands of private sector catering to 38 million students – 66% of the total enrollment. The privately run Business Schools have also shown a rapid growth. With private sector’s contribution being so enormous, accountability of these institutions become vital.
Infomerics grading of these educational institutions is aimed at providing a clear insight on the status of an educational institution both at school and college level. The school grading inter alia will be based on analysis of Infrastructure, quality of faculty, curriculum, non-scholastic activities, financial strength, and college grading will be factoring management, faculty, fundament, research facilities, financial strength, placement tie-ups, alumni performance etc.
Grading of educational institution would not only enable the management to introspect on their strengths & lacunae with a view of channelizing their energies in improvement process but also would help the student take a conscious decision before joining the institution and not get lured by just the brand name. It will further help other stakeholders with the perspective of investment opportunities.
