Transformative and innovative approach to improve higher education
Transformative and innovative approach to improve higher education in India Provision innovative services to make higher education in India globally relevant, competitive and affordable.
8 September 2016
Presentation Title Arial Bold 7 pt 1
Assessment of current state of the Indian higher education system
Higher Education System - A statistical overview ● ● ● ● ● ● ● ● ● ● ● ●
Universities - 665 Standalone Colleges - 35,829 Institutions - 11,443 Enrollment - 30 Million Enrollment Distance Education - 3.6 Million UG Enrollment - 79.44% PG Enrollment - 11.39% Diploma Enrollment - 7.17 PG Diploma Enrollment - 0.72% Certificate Courses - 0.59% Gross Enrollment Ratio is at 23.6% YoY. Enrollment - Men - 55.1%, Women - 44.9%
Higher Education System - Major Issues ● ● ● ● ● ● ● ●
●
Supply-Demand gap. Low quality teaching and learning. Uneven growth and access to opportunity. Many more able and willing to pay for education, but many left behind. Low employability of graduates. Regulatory hurdles. Reforms are planned but will take long time to be executed. Reforms need to be implemented by the state governments, we expect a great variation on how these reforms unfold across the country. There is a need for international partners to take a long term view and build closer, multidimensional relationships with Indian HE institutions.
Initiatives to understand and solve current issues
Higher Education System - Discovery Phase ● ● ● ● ● ● ● ● ● ●
Meet current and past students to understand their pain points. Meet Pearson higher education team and understand the current business model and their expectations. Meet the management of universities to understand how Pearson can add value and help learners. Understand the current regulations governing higher education in India and its legal implications. Work out a feasible business model that benefits the learner, university and Pearson. Discus the business model with Pearson higher education team and the universities to give it a final shape. Meet the industry leaders to understand their requirements for recruitment. Add these requirements as value added services along with the proposed business model. Run a proof of concept with couple of universities to understand the operational complexities. The learnings from the PoC will help us finalise the business model and the effort required to make it a success.
Higher Education System - Schedule for tasks
● ● ● ● ● ● ● ●
Understand the business model and pain points of all stakeholders (Learners, Business and universities) by meeting them individually - 90 days. Understand the current rules and regulations for doing business - 14 days. Identify suitable Pearson products, content, services and their costs - 30 days. Meet the industry leaders to understand their requirement - 30 days Work out a feasible business model - 21 days. Collaborate with the stakeholders so that its mutually beneficial to all - 30 days. Time to run a PoC of the model - 180 days. Gather knowledge from the PoC and report back with a final business proposition - 30 days.
8 September 2016
Presentation Title Arial Bold 7 pt 1
Assessment of current state of the Indian higher education system
Higher Education System - A statistical overview ● ● ● ● ● ● ● ● ● ● ● ●
Universities - 665 Standalone Colleges - 35,829 Institutions - 11,443 Enrollment - 30 Million Enrollment Distance Education - 3.6 Million UG Enrollment - 79.44% PG Enrollment - 11.39% Diploma Enrollment - 7.17 PG Diploma Enrollment - 0.72% Certificate Courses - 0.59% Gross Enrollment Ratio is at 23.6% YoY. Enrollment - Men - 55.1%, Women - 44.9%
Higher Education System - Major Issues ● ● ● ● ● ● ● ●
●
Supply-Demand gap. Low quality teaching and learning. Uneven growth and access to opportunity. Many more able and willing to pay for education, but many left behind. Low employability of graduates. Regulatory hurdles. Reforms are planned but will take long time to be executed. Reforms need to be implemented by the state governments, we expect a great variation on how these reforms unfold across the country. There is a need for international partners to take a long term view and build closer, multidimensional relationships with Indian HE institutions.
Initiatives to understand and solve current issues
Higher Education System - Discovery Phase ● ● ● ● ● ● ● ● ● ●
Meet current and past students to understand their pain points. Meet Pearson higher education team and understand the current business model and their expectations. Meet the management of universities to understand how Pearson can add value and help learners. Understand the current regulations governing higher education in India and its legal implications. Work out a feasible business model that benefits the learner, university and Pearson. Discus the business model with Pearson higher education team and the universities to give it a final shape. Meet the industry leaders to understand their requirements for recruitment. Add these requirements as value added services along with the proposed business model. Run a proof of concept with couple of universities to understand the operational complexities. The learnings from the PoC will help us finalise the business model and the effort required to make it a success.
Higher Education System - Schedule for tasks
● ● ● ● ● ● ● ●
Understand the business model and pain points of all stakeholders (Learners, Business and universities) by meeting them individually - 90 days. Understand the current rules and regulations for doing business - 14 days. Identify suitable Pearson products, content, services and their costs - 30 days. Meet the industry leaders to understand their requirement - 30 days Work out a feasible business model - 21 days. Collaborate with the stakeholders so that its mutually beneficial to all - 30 days. Time to run a PoC of the model - 180 days. Gather knowledge from the PoC and report back with a final business proposition - 30 days.
