Indian Education Industry Going Places

The ever growing education market of India is expected to reach a staggering US$50 billion by 2015 according to industry estimates. The Associated Chambers of Commerce and Industry (Assocham) in its recent study said that more than 50% of Indian middle class families have started saving for their children's higher education.

I. With nearly a 20 to 25% rise in the income levels, the saving ratio has considerably gone up reflecting potential for growth in education industry. Till few years ago, it was looked upon as an expense but the need for higher education has been felt increasingly by Indian middle class. India has one of the largest middle class in the world which is calculated to be about 300 million.
India’s total education market size is valued to be around US$25 billion of which higher education sector contributes nearly US$15 billion. It is expected to more than double in next five years as evaluated by Assocham’s projections.

II. Not only this, education boom in India is spreading its wings to Canada and UAE as well. Canadian universities and colleges are opening up their doors to welcome higher number of Indian students. Canada India Education Council (CIEC) founded by former Canadian foreign minister Pierre Pettigrew believes that their education system is among the best and there is a need to build the bridge between India and Canada to promote it as an education destination. CIEC will endeavor to operate exclusively and strategically within the burgeoning Canada-India education corridor by creating a social, legal and physical presence in both India and Canada.

III. A human resource meltdown has been predicted by Kapil Sibal, HRD (Human Resource Development) minister of India. He foresees a shortage of young professionals as the population ages and is making efforts to come over the deficit by engaging in talks with other countries like UAE.

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Internship season is on !!

I know it’s not news for you, you all are very well aware of the fact as in how to best utilize your holidays. But this is just a reminder for you to make the maximum use of the summer holidays. All the students studying in the colleges of India know it very well that summer holidays is the time when you should enroll yourselves as interns with few of the best organization to gain experience in your respective arena for that particular time period. Internships, with established companies, makes a student take the feel of the work culture of his concerned area.

Though, most of the prestigious colleges of India have tie- ups with top nosh organizations of the country, but, the students of those colleges who do not facilitate their students with internships need to crack tough nuts, to grab internships. Even some organizations arrange tests for the students to give fair chance to everybody. So, all you need is to keep your eyes and ear open. Also, the colleges, which provide internships, do not provide internships to all. So, students cannot be fully dependent on their colleges, they have to be capable enough to find an internship opportunity for themselves.

Also, this is the time, when most of the companies give chance to the young talent by exploring their capabilities. By doing internship in your respective field, you can have in depth knowledge about your subject and can also tend to have a practical hand in your course. This is a great opportunity for you to build contacts with the people of your sector and also the certificate you earn, can prove to be a great asset for your future growth. So, what are you waiting for, go and secure your future by grabbing an internship for yourself.

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