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INTRODUCTION. AUM GOAL. G ROWTH. VISION. MISSION. O PPORTUNITIES. A CHIEVEMENTS. L ONGEVITY. KNOWLEDGE FOR DEVELOPMENT. India’s vision: become a Knowledge Superpower by 2010 and Developed Nation by 2020 – Critical areas of growth identified.
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INTRODUCTION AUM GOAL GROWTH VISION MISSION OPPORTUNITIES ACHIEVEMENTS LONGEVITY
KNOWLEDGE FOR DEVELOPMENT • India’s vision: become a Knowledge Superpower by 2010 and Developed • Nation by 2020 – Critical areas of growth identified. • GDP must grow by 8-10% per year to reduce poverty from 26% to below 5% - through Knowledge based economy. • High quality professionals needed to create, share, use and manage • Knowledge. • India is exporting services and becoming a desirable destination for • Services, R&D and Manufacturing. • India must meet aspirations of its youth in 18-25 years (over 150 million) and • channelize this vast energy.
Opportunities Knowledge a key resource for global competitiveness India a key player in global knowledge economy – off-shoring, knowledge-intensive manufacturing Opportunity to convert demographic surplus to economic strength Threats Skill shortages despite high graduate unemployment Regulatory system fails to maintain standards despite formidable entry barriers Chaotic and unplanned expansion Poor standards of academic research HIGHER EDUCATION SYSTEM IN INDIA Policy: Need for making Indian higher education globally competitive not only for seizing opportunity for trade in higher education services ($30 billion last year), but to corner a larger share of fast growing international trade in professional services ($270 billion last year) – higher education feeds into growth of professional services
Population Chart POPULATION IN INDIA 1.35 1.30 1.25 BILLION 1.20 1.15 1.10 1.05 1.00 2001 2006 2011P 2016P SOURCE - CENSUS
CITY-WISE POPULATION 25 19.8 17.3 20 15.1 15 MILLION PEOPLE 10 7.3 7.2 6.6 5 0 DELHI MUMBAI KOLKATA CHENNAI BANGALORE HYDERABAD 2001 2006 2011P SOURCE – CRISIL RESEARCH
Growth of Higher Education Institutions and Enrolment • Post-1980 rapid growth in number of institutions and enrolment
Relative Share of Private and Public Institutions For professional courses, majority of institutions are private (self-financing). In addition, there is a huge private training sector and coaching industry in India.
Growth of Higher Education Institutions by Type Growth has been mainly of the private unaided institutions - a trend started in early 1980s.
Structure & Process Centre + UGC + 13 professional councils States Affiliating colleges (131 universities affiliate 17625 colleges) – 60% temporary affiliated / two-third not recognized by UGC Regulatory bodies under direct control of the government Regulations on minimum standards for various degrees Academic titles approved by the central govt. Problems Problem of coordination - gaps and overlaps in functioning Centralized – focus on uniform standards, promotes cloning One-third unviable colleges exist Recognition of degrees by one time legislative sanctions, rather than any academic process Uncertain regulatory environment Non-transparent processes Existing regulatory arrangements Whereas, most nations in the World are working towards loosening of statutory control over higher education, India is moving in reverse direction (The Economist, 2005).
Opportunities in the Market • As we can see the rise in population has been at the rate of 20 % per year which comes up 19.5 crores in Mumbai & 1.56 Billion all over India(as per slide no.7 & 6 ) • India being one of the country with 35% of youngster population which comes up to 54 crores in India of which the market for us is up to 7.7 crores in Mumbai • Every year there has been a constant increase in the enrollment by 20 % so there is a increase of 10.8 cores across India and 1.54 crore in Mumbai(as per slide no 8) • This increase has been due to increase in large no of private unaided institutions coming into picture(as per slide no 10) • In today's scenario there has been a constant increase in no of private institution to cater to 1.54 crore population providing MBA which provides us with greater opportunities of doing business(as per slide no 9)
Aum Engineering & Management Institute • Established in the year 2004 • AUM Engineering & Management Institute is Registered Charitable Trust. • AEMI is ISO 9001: 2008 Certified. • AEMI is also Accredited by UKAS & IAF. • AEMI is Recognized in 160 Countries. • Student Strength of more than 3000 Students of which 2500 students in INDIA and 500 students are in abroad Approx .
AEMI 1. Diploma in Business Administration (DBA) 2. Graduate Diploma in business Administration (GDBA) 3. Post Graduate Diploma in Business Administration (PGDBA) 4. Masters in Business Administration Dual/Fast track (MBA) 5. Executive Masters in Business Administration (EMBA) 6. Professional Doctorate in Management (PDM) 7. Doctorate in Management Studies (DMS) PhD level 8. Chartered Finance Manager (CFM) 9. Certified Chartered Accountant (CCA) • Diploma to Masters level Engineering in Civil, Mechanical, Electrical, Electronics , Chemical, Automobile, Textile , Metallurgy, Instrumentation & Control • Computers application from DCA to MCA
Initial Investments • Chairs-20 • Printer/fax/Xerox • Telephone Connection • Interior Decorations • A/C - 5 (0.08 ton each) + Fitting • Tea & Coffee Machine • Water Cooler • Initial Stationary • Sanitary Equipments • LCD 2 • Computer Lab – 10 units • Library
Criteria's for Franchisee • 100 to 1000 Sq. Ft space • Option of at least 2 class rooms • 2 computers lab • One counseling room • Marketing room • Library Room
Support From AEMI • Training for the management team • Recruitment of staff • Training of staff ( Product as well as sales ) • Branch Head ( Branch management training ) • Marketing Support ( Strategy planning, Art work, some promotion material.) • Media support ( share the media expenses on case to case basis) • Admin, and sales co-ordination training • Centralized placement team ( To assist student placements ) • Printing of brochures. and sales ads. ( as per cost ) • Course materials ( books for the students ) • Class-wise deliverables • Course Content • List of reference books for the library • Faculty to be provided
Franchisee Fee • Consortium / Franchisee Fees as follows: • Regional Level Franchisee Fee Rs.5,00,000/- • City Level Franchisee Fee Rs.3,00,000/- • Area Level Franchisee Fee Rs.1,00,000/- which is Non-refundable, No Security Deposit.