Five Education Franchises that can make the Indian Education Industry more holistic
To utilise the 100% potential of a human resource, it is important to enhance the value of holistic education in ecosystem of any nation. Holistic education, basically, refers to a system of education, which helps in developing a person’s intellectual, emotional, social, physical, artistic, creative and spiritual potentials, along with the academic.
As many education entrepreneurs seem to realise this fact, various new steps are being taken in this direction. Big players are coming forward with franchises that are bringing the much needed change in the education ecosystem of India. Therefore, it is high time that aspiring businessmen invest their money in such business ideas that can bring about such positive changes. These business ideas are not only benefiting the overall education system, but are also lucrative for businessmen who are into education.
Here are five education franchises that can make the Indian education industry more holistic and be started in less than Rs 15 lakhs.
Science, Technology, Engineering and Maths, abbreviated as STEM, is a curriculum based on the idea of educating students in these four specific disciplines – not as separate and discrete subjects but as an interdisciplinary and applied approach.
With the prevalence of technology in every sphere, the number of STEM jobs is growing at a fast pace. As per recent reports, it is anticipated that 80% of the jobs created in the next decade will require some form of math and science skills. The curriculum is designed to fix the loopholes in the traditional system of education to make it more logical and employment-oriented, hence more holistic.
Online Education/Learning Apps
With the sudden breakout of internet accessibility in India, it has become quite perceptible for people to explore the world of internet and digitisation. With the introduction of cheaper internet services by telecom operators like Idea, Airtel and the most remarkable of them all, Reliance Jio, internet penetration in tier 2 and 3 cities has provided a platform to people who are open to learning various things online free of cost. This deeper internet penetration will be able to increase traffic for online education players.
An after-school programme is one which is designed outside traditional school that emphasises on various leadership and social skills through participating in activities like sports, drama, painting, crafts choir among others. It is believed that participating in such activities not only can lead to enhanced confidence among students, but also can lead to better test scores, improved homework completion and higher grades.
Many schools have adopted this fresh concept of after-school activities for the betterment of their results. Most of them organise these activities at elementary, secondary and senior secondary levels so that students can perform better.
With increasing number of double-income families in India, pre-schools are one of the most sought-after places where parents are convinced of their children’s growth and care at a very tender age. Pre-schools not just take care of the children but also ensure that students polish their cognitive skills while playing in the pre-school, and this further helps students in getting a holistic education from a young age. This is also one of the most successful business ideas in education sector as demand for preschools is rapidly increasing.
Skill Development Centres
As per reports, India is facing a challenge to provide vocational training to almost 500 million people by 2022, which can only be overcome by providing as many skill development centres as possible. Vocational skills such as IT and aviation are among the top demanded skills in India. Learning professional skills makes the students ready for the real world and also increases the possibilities of getting employed to a great extent.