Ken Research: India Executive Education Market Size on the Basis of Number of Enrollments, FY'2010 - FY'2015

India executive education market showcased that the number of enrollment has increased over the years from ~ in FY’2010 to ~ in FY’2015 at the CAGR of ~%. The demand for executive education has enhanced with the economic improvement and integration with the global economies. Many working professionals have enrolled themselves in these part time courses to improve their operational effectiveness and skills The challenge faced by the Indian professionals have made them realize the importance of understanding and mastering over Indian market’s complex business ethics which has manifested into increased demand of the lifelong learning courses.

The professionals are keen on developing certain specified skills which will give impetus to their career development that are provided by management development programs. The entry of numerous private players in the market is likely to elevate the competition and the market is anticipated to shift from being oligopolistic in nature to competitive in the coming years.

The demand has increased in lieu to the increased number of private institutes offering executive education and greater preference for online education. It is predicted that the India will have the highest workforce in the world by 2025 which will definitely drive the demand for executive education in India with a special focus on business analytics programs and specialized courses. With the entry of foreign universities in India the market for executive education has grown at a growth rate of ~% during FY’2014 where the overall revenue grew to INR ~ million during FY’2014 from INR ~ million in FY’2013. The market grew with a growth rate of ~% in FY’2015 where the overall revenue increased from INR ~millions in FY’2014 to INR ~ millions in FY’2015. Innovation in corporate teaching and fast growth in emerging economies have sparked a renewed demand for executive education. Managers are also increasingly turning to part-time study as wage growth has slowed, which is forcing others to stay in the workforce altogether for fear of losing career momentum.

Source: https://www.kenresearch.com/education-and-recruitment/education/india-executive-education-market-research-report/675-99.html