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Non-cyclical sector: Being a necessity of life, the education industry has little fluctuations in its operations; therefore, it is not affected by downturns in the economy. For example, people will stop eating out but will not compromise on the quality of their child’s education, in case of a financial crunch. Rapid growth: With increasing awareness of the importance of education, people are willing to pay more for quality education and this trend will get stronger as the service economy grows. No bad debts: There is no threat of bad debts as no credit is given in this sector and all fees are received in advance. Low operational costs: Most of the costs are variable costs. Hence, in the first few months you are not burdened with high costs like salaries. These go up as the number of children in the branch increase. Immense satisfaction: More than the monetary returns, it is the sense of satisfaction that you have made a difference to the lives of so many children! It is a great feeling when parents come to thank you for the impact you have made in their child’s life. Convenient working hours: The operational hours are from 8:00-2:30, thereby, giving you ample time to be with your family and enjoy the fruits of your labour. Positive environment: In education, everyone is addresses by “ma’am and sir” which is a positive and safe environment, especially for women. Unlike some other sector where you encounter all kinds of people; some of them may not be the most pleasant. Respect in the community: One gets a lot of respect in the community, for the role one plays in the development of the children and for the contribution one makes to the society.

The elephant needs to go on ! India, with a population of 1.2 billion has been riding the IT & ITES boom which has been powered by skilled English speaking manpower & IT skills. Now, with shortage of skilled manpower, our country including our government is focusing on nurturing the future generations to fuel future growth. Thus, we are seeing an increasing thrust of the government to involve private players for developing the plight of education in the country. This ease of regulations for starting an educational institution has resulted in a rapid growth of private educational institutes from preschools to universities being setup. However, quality is something that privatization alone cannot guarantee. With greater information exchange through the media and the internet, students and parents are more aware of standards & options. Further, people are realizing the need for better quality education, the education sector is also being challenged to innovate and create more effective & efficient education systems. This market choice will ensure that only quality players will survive. Or will an education regulatory work ? Should it be a government owned or independent ?