Rise In Popularity of Online Education, Evolvement of Online Aggregators and Launch of Innovative Executive Courses Is Driving the Executive Education Market: Ken Research

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Increase in working population and emergence of blended learning have driven the growth of executive education market in Australia.”

Analysts at Ken Research in their latest publication Australia Executive Education Market Outlook to 2024 – Future Growth Driven by Increasing Offerings of MDP Program and International Student Enrollmentsbelieve that the executive education industry has been growing and is expected that it will expand further owing to the rise in the number of working professionals, evolvement of aggregators in executive education and growing demand for blended learning. The market is expected to register a positive CAGR of 6.8% in terms of revenue during the forecast period 2019-2024E.

Emergence of Online and Blended Learning: There has been a shift towards the Online and Blended learning programs due to the flexibility and accessibility provided by such programs. Emergence of such programs impacted the executive education market positively owing to the skill gap existing in the Australian workforce.

Increase in Working Population: There has been a rise in the number of working population with a CAGR of around 2.1% in the period (2014-2019), reaching to around 153.9 million people in 2019 from around 138.5 million people in 2014, this paved way for the increase in the target segment for executive education in Australia and hence, impacted the growth in the market consequently.

Introduction of Women only oriented Programs: There has been a trend of offering women only programs in the review period. This introduction of women only oriented programs was mainly done in order to promote gender diversity in higher management roles. This promoted more women to actively participate in the executive education programs which stimulated the growth in the market.

Rise in the Government Expenditure on Education: There has been an increase in the government expenditure on education in the review period (2014-19) with a CAGR of around 3.8%, increasing from AUD 85.8 billion in 2014 to AUD 103.4 billion in 2019. This also paved way for the growth of executive education in Australia.

Australia Executive Education Market

Attraction of International Students: Australia is viewed as the destination of choice for international students looking to enroll in higher education courses, consistently attracting more international students than other developed nations such as Canada, Germany, Japan and Singapore, with a net inflow of approximately 250,000 students per year. There has been an increase in the number of overseas students enrolment in higher education courses in Australia from 0.2 million students in 2013 to around 0.4 million students in 2018.

Key Segments Covered:-

By Type of Executive Education:

Executive Masters

Revenue

Number of enrolments

Number of Programs

MDP

Revenue

Number of enrolments

Number of Programs

By Type of Executive Masters

Executive MBA

Revenue

Number of Programs

Number of enrolments

Executive Non MBA

Revenue

Number of Programs

Number of enrolments

Executive Masters Program By Mode Of Delivery

Offline

Online

Blended

By Element of Executive Masters

Structured

Customized

Executive Non MBA Programs by Type

Leadership

Health

Project Management

Public Administration

Accounting and Others

Key Target Audience:-

Australian Universities

Australian Education Aggregators

Global Education Aggregators

Management Consultancy Firms

Executive Education Providers

Education Authorities

Education Consultants

Time Period Captured in the Report:-

Historical Period – 2014-2019

Forecast Period – 2019-2024E

Universities Covered:-

Bond University

UNSW

University of South Australia

University of Melbourne

Torrens University

University of Sydney

Monash University

University of Technology Sydney

Macquarie University

Curtin University

University of Western Australia

Murdoch University

La Trobe University

Queensland university of Technology

Deakin University

For more information, refer to below link:-

Australia Executive Education Market

Related Reports:-

Singapore Executive Education Market Outlook To 2023 – By Type Of Program (EMBA And MDP), By Funding Of The Program MDPs (Company Sponsored And Self Funded) And EMBA (Self Funded, Partial Funding And Company Sponsored), By Duration MDP (1-7 Days, 7-14 Days And More Than 14 Days) And EMBA (Up To 12 Months, 12-24 Months And More Than 24 Months)

UK Executive Education Market Outlook To 2023 – By Type Of Management Development Programs (Finance, Strategy, Leadership, Ethics And Others), By Duration Of The Course (1 Day, 1-2 Days, 2-3 Days, 3-5 Days, 5-10 Days And 10+ Days) And By Type Of Universities (Private And Public)

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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