How Would Children in a Rural Background Benefit from the Strategy of the Franchise Model?
The franchise model involves the association of a franchisee who is responsible for establishing and managing the school, and a franchisor, who offers the curriculum, teaching methodologies, and other essential resources." writes Mr. Anirban Bhattacharya, VP- Partner Schools, Seth Anandram Jaipuria Group of Schools, as he pens a piece for The Financial Express on 'How…
Educationists Say More Funds are Required to Meet NEP Targets
The Education Ministry has been allocated Rs 1,12,899.47 crore - the highest ever. Due to this, the share of higher and school education has also gone up. An amount of Rs 44,094.62 crore has been allocated for higher education, which was around 8 per cent higher than the previous year's allocation of Rs 40,828.35 crore.…
Shishir Jaipuria of Seth Anandram Jaipuria Group on Effect of Transformation of India’s Education System
Shishir Jaipuria, chairman of Seth Anandram Jaipuria Group of Educational Institutions shares his views on opportunities and challanges of the Indian education system with FE Education Online. What is the best thing about today’s education system? The best thing about today’s education system is its resilience, adaptability and continuous evolution in the face of new…
Application of AR and VR May Facilitate Metaverse Classrooms
How do you think the pandemic has reformulated our spatial and structural understanding of the concept of classrooms? Even before the pandemic, rapid advances in technology were transforming the learning spaces in some way, but Covid became the catalyst for making a systemic transition to the online and hybrid modes of teaching and learning. These…
Five Things to Consider while Managing an Educational Franchise
Educational franchising has a great advantage of taking quality education to deserving learners in the cities and towns where access to good institutions may be limited. The partnership model, if initiated and managed well, may prove to be a boon for all stakeholders – the franchisor, the franchisee, and most importantly, the students, parents and…
Advantages of Starting Franchise Education Business in India
The franchise business is not a new concept in India; it has a decades-old legacy. For ages, big brands in all segments have thrived with the help of their franchises. The segment was flourishing and moving north until the Covid-19 pandemic-induced lockdowns and restrictions put a halt to the growth. However, with economies coming back…
NEP 2020: The Journey So Far
Kunal Vasudeva, Co-founder, and COO of the Indian School of Hospitality shared how this reformative and revolutionary policy, launched in 2020, transformed the face of the Indian education system. He said that the document could be deemed successful so far with respect to its aim to push educational institutes to revamp their curriculums and revise…
School Franchising: Future Of Education System
Opening a new school is an elaborate logistical and financial undertaking subjected to many challenges and uncertainties. The task is even more grueling for young edupreneurs who do not have prior experience in managing any educational institutions. Planning the academic structure, acquiring permission, and affiliations, and hiring skilled professionals requires expertise in the field. Aspiring…
Educating Rural India Through School Franchising Model
School franchising has a unique advantage of making inroads into the remote, rural, and far-flung areas where private edupreneurs under the aegis of a charitable trust or non-profit society are apprehensive of making a financial, logistical, and intellectual investment. Most of India lives in its villages. As per the latest Statista figures, 905 million Indians…
Franchising: A Fruitful Business Model for the Education Sector
The success of a business is determined by several factors, the most common one being the propensity to evolve and adapt to the changing trends of the market. Remodeling the business structure as per the ongoing market trend helps survive the cut-throat competition and remain at the top of the game. Currently, franchising is riding…
Franchise Model Can Help the Nation Achieve its Literacy Targets
Whenever I think of education, I remember what Albert Einstein said during his visit to Boston in 1921 while commenting on college education. He said, “Education is not the learning of facts, but the training of minds to think.” He further said that to learn facts, a person does not really need a school or…