The executive education term denotes to an academic programs at the graduate-level business schools around the world for the executive, business leaders and functional managers.
Based on the Executive Education Market Research Report:-
The market of Singapore executive education is at a mature stage. The Executive Education Market in terms of the revenue has augmented at an effective CAGR during the reviewed period. This growth was suggested by the rise in the number of professionals who wish to endure these courses while pursuing their job, especially in the Strategy and Leadership, Digital Innovation, Cyber security in case of MDPs.
Additionally, the market of executive education in Singapore is greatly concentrated. INSEAD is the prominent market leader in EMBA market and NUS has the foremost market share in the Executive MDP market in Singapore on the basis of revenue in the recent years. Furthermore, in case of executive MBA programs, there is an effective augment in the requirement for the industry specific programs. The players in the market are catered the requirements of the clients by designing a particular curriculum. The consumers in the market are fueled by the brand value of the institution with the duration of the course also being a foremost factor in deciding the course and the college.
Nonetheless, the executive MBA market in UK in terms of revenue has augmented at an effective CAGR during the period of recent years. This growth was suggested by the augment in the number of professionals who desire to pursue such courses which pursuing their job, along with the growing need for the customized programs in the region, wherein the market players catered to the requirement of the customers by effectively structuring the specific curriculum. The applicants of the EMBA in the market are significantly fueled by the brand value of the institution along with its tie ups and career developments of the former students.
The markets across the globe of the executive education has grown more significantly with the effective working of the market players and develop the services for increasing the demand and generating the high amount of revenue. However, the hybrid EMBA programs are anticipated to augment in the coming years with the requirement for the online integrated programs being more convenient for the enrollees. These players of these market compete based on the technological advancement and robust infrastructure, strategic alliance and expertise knowledge, course structure and the benefits.
The growing requirement for the specialization courses coupled with the hectic work plans of the professionals will fuel the need of the executive educations market in the Singapore. For instance, augmenting skill gap in the service sector attached with the confused work plans of the professionals will propel the demand of the executive education in UK. Furthermore, as the higher education market becomes progressively across the globe and competitive, it is anticipated to examine more universities from the England, Australia and privately funded universities become very enormous in the Indian market.
According to the research, it is anticipated that in the market of executive education there are numerous players are working more actively across the globe for leading the fastest market growth and registering the high value of market share throughout the short span of time while developing the trends in the executive education market, working more significantly for decreasing the quarries and doubts of the students and effectively studying the government initiatives and rules regulations includes INSEAD , National University of Singapore , Ngee Ann Academy , NTU – Nanyang Business School , ESSEC Asia-Pacific (Singapore) , Singapore Management University, Management Development Institute of Singapore , Rutgers University – Singapore, Aalto Executive Education Academy (Aalto EE), YMCA Education Centre- Singapore, Aventis School of Management, ERC Institute, FTMS Global Academy, Singapore University of Technology and Design, IMD Business School Singapore, PSB Academy and several others.
In the coming years, it is predicted that the market of executive education in the terms of revenue will augment at a handsome CAGR during the reviewed period along the high amount of investment by the coming investors and existing players. Furthermore, growing need form the multinational companies is likely to propel the future need for the executive education courses across the globe.
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Ankur Gupta, Head Marketing & Communications