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How Online education #edtech is beneficial for students from remote areas in #India $BTRU.ca

Posted by AGORACOM-JC at 3:41 PM on Tuesday, September 4th, 2018

  • A country’s growth is governed by many factors, and education is one of them.
  • While schools in the urban areas are complemented by state-of-the-art infrastructure, facilities, and teachers; schools in the rural areas struggle with necessary facilities like toilets and lack a proper teaching staff.
  • Needless to say, this results in a reduced sense of motivation among students and is a significant cause of poor quality of education in rural schools

Despite 85% of the government schools being in villages, students in rural areas rarely get the quality education that could benefit them. This leads to a loss of potential talent which could have contributed to the progress of the country. Keeping in mind the fact that numerous successful IAS aspirants are from rural areas, there are no limits to what these students could achieve if they are given access to quality education.

Non-Profit Organizations:

To battle this imminent problem, many non-profit organizations like eVidyaloka are now trying to improve the quality learning by bringing online education to rural classrooms. Their prime purpose is to bring about a knowledgeable and empowered rural India through the provision of quality education. The “each one, teach one” ideology encourages educated professionals to take time out of their schedules to deliver online lectures to students from rural areas.

The students thus not only get the quality education they lack, but they also get taught by teachers who are enthusiastic about teaching, which also goes a long way in boosting their morale. Online education enhances the learning outcome of students through learning modules that are focused on their classroom syllabus.

The language also poses a barrier when it comes to teaching in rural areas. NGOs, however, have overcome this barrier through an active tutor management program that focuses on taking on volunteers who are comfortable teaching in the local language, although it might not be their medium of instruction during their school days!

Government Initiatives:

The government has also played a significant role in bringing about an educational reform through online learning. The Ministry of Human Resource Development has recently launched three initiatives – Swayam, Swayam Prabha, and National Academic Depository, which aim to take the e-learning sector in India to the next level. At the inauguration of these initiatives, former President Pranab Mukherjee talked about how digital technology can enable excellent teachers to directly teach a large number of students who are not physically present in classes. The interactive learning experience will thus allow students in the remote parts of the country to benefit from lectures delivered by highly qualified teachers.

Swayam and Swayam Prabha are a rendition of digital classrooms that enable students from rural areas to connect either through the Internet or direct-to-home service and access educational content. Swayam offers courses through digital classes, and the study material is available online in the form of videos. Everything is available free of cost; however, students who want certificates will need to get registered.

India’s Chief Economic Advisor, Arvind Subramanian has also prepared a series of lectures on the Indian economy which can be accessed via Swayam and Swayam Prabha. The course structure of these online and digital classrooms will cover every aspect of education from class nine onwards, and will also include preparatory courses for competitive exams, including modules for preparation of IITs and IAS exams.

If not Internet, then DTH:

For the remote areas which still lack the facilities of a stable Internet connection, the Government will use alternative methods of communication. Swayam Prabha aims to tap into the potential utilization of Direct-to-Home (DTH) Service, and plans are already in place for setting up of a dish antenna that would give students access to 32 educational channels run by the HRD ministry. According to Dr. Pankaj Mittal, the Additional Secretary in UGC, these channels will broadcast new content of a duration of at least four hours, and this would be repeated five more times in a day, thus allowing students to view this content according to their convenience.

The online classrooms offered by government and non-profit organizations alike work towards one common goal: to provide equal quality of education to students in rural areas. These classroom programs are bridging the gap in quality education, and are thus empowering these students to do more with their lives. Thanks to these active initiatives, students in rural areas are also becoming aware of the variety of career paths they could follow, a privilege that they’d never had before.

Methods of teaching and learning processes make all the difference when it comes to education. These are also the main factors responsible for the stark contrast in the quality of education in the rural and urban areas. Online education can bridge this gap and bring to rural students the education they most rightly deserve.

Source: https://www.techgenyz.com/2018/09/03/online-education-for-remote-areas-in-india/

Jaro Education CEO asserts #India needs a dedicated framework for online #education $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:11 AM on Tuesday, August 21st, 2018
  • Online education made its debut in the early-to-mid-2000s
  • It is still evolving, as education technology companies are connecting schools and students from all over the country onto a single platform

by Sanjay Verma in Education News

The education sector of India is currently an amalgamation of maximas and minimas. Somewhere in a remote Indian village, a 10-year-old paathshala student is struggling to learn about the Mauryan Empire through tattered NCERT books. On the other hand, a private school student in Delhi has an encyclopedia and a projector at his disposal to look up the Mauryan Empire in-depth. These maximas and minimas can be normalized through online education. It is needed especially in higher studies, suggests Jaro Education CEO, Sanjay Salunkhe.

Luckily, online education made its debut in the early-to-mid-2000s. It is still evolving, as education technology companies are connecting schools and students from all over the country onto a single platform. Courses that you once had to enroll in a distant campus, in a different state, are now available online.

The Jaro Education CEO, and Sarvesh Agarwal (Internshala CEO) agree that it’s boosting higher studies the most. The cost of traditional education has gone up more than 175% of what it was in 2008. The costs of online courses are much lower and the curriculum is more expanded. In some of the courses, students get to question experts themselves.

There’s also the factor of flexibility. A working professional can opt for online classes on weekends that saves him/her time. In some cases, like Jaro Education’s International Executive MBA, students can join a course from a foreign university and avail its valuable degree. Skype sessions and online classrooms are helpful for the teachers as they have flexible teaching timings and can earn more per day than teaching in a classroom. Students who sign up for the online classes are serious about their education too.

Online education is still not widespread, majorly due to the attitude of both the students and parents. They see it as a risky channel for learning. You can blame it on the lack of infrastructure that poorly manages virtual classrooms and educative online platforms.

Although India has over 409 million internet users, the average bandwidth of India is only 6.5 Mbps. This is lower than the global average of 7.2 Mbps. Hence, students will always find problems streaming hour long videos. To compensate the video speed, low settings are applied, garbling information in the process.

Imagine management professionals from tribal areas of Chhattisgarh that are usually disconnected from the outside world. “Sure, the Digital India movement is making things easier, but the country needs a dedicated framework to push online learning”, suggests Sanjay Salunkhe. The government needs to take a special interest in establishing virtual classrooms and promoting online education. No village should be left behind.

Source: https://newshour.press/education-news/jaro-education-ceo-asserts-india-needs-dedicated-framework-online-education/

betterU Education Corporation $BTRU.ca Adds New Education Partners to Platform Now Totalling More Than 20,000 Courses $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 9:51 AM on Wednesday, August 15th, 2018

Betteru large

  • Announced the addition of many new education partnerships who have recently executed on agreements to join betterU’s platform in an effort to expand the company’s offering now reaching more than 20,000 courses

OTTAWA, Aug. 15, 2018 — betterU Education Corp. (the “Company” or “betterU”) is pleased to announce the addition of many new education partnerships who have recently executed on agreements to join betterU’s platform in an effort to expand the company’s offering now reaching more than 20,000 courses.

betterU’s vision for India is to provide access to all levels of education, domains of learning, and affordability with different methods of delivery for programs from pre-school, to KG-12, exam preparation, higher education, skills development, job preparation, industry specific and more. In order to provide education for all, betterU needs the breadth and depth of required content from global educators in order to support the hundreds of millions of potential learners.

FutureLearn is an example of yet another quality educator that has partnered with betterU in India. Owned by Open University, they will provide betterU’s learners with access to 100s of their education partners from around the world including many of the best UK and international universities, as well as institutions with a huge archive of cultural and educational material, such as the British Council, the British Library, the British Museum, and the National Film and Television School. They work with a range of internationally renowned organisations – from professional bodies such as the Association of Chartered Certified Accountants (ACCA) and Institution of Engineering and Technology (IET), to businesses like the BBC and Marks & Spencer, to the UK Government. Offering more than 200 courses, programs and degrees, FutureLearn will boost the betterU offering with their flexible learning style to build professional credentials, achieve graduate certificates, diplomas or master’s degrees and boost learners’ employability. betterU fully expects to add to their existing and impressive learner enrollment of 8,116,538 students. “We are very excited to welcome FutureLearn to our platform — we share the same passion to make education accessible to everyone. As the leading European education provider, their wide range and quality selection of courses will be attractive to the Indian learner,” comments Stefan Strub, betterU Director of Europe.

Since the last news release on July 18th, other new partners expanding betterU’s course and category offering also include: ByDegrees, eduCBA, John Academy, Open Colleges, PTT, Simplilearn, and Simpliv.

  • ByDegrees changes the way you learn communication, business and finance with “burst” learning in a social-media friendly way.
  • eduCBA specialises in providing real-world skills in Finance, Technology, Data, Design and Business.
  • John Academy offers certification and accreditation in a number of areas of specialty.
  • Open College is an existing partner, now offering more diploma courses.
  • PTT adds the Technical category to betterU’s offering with specialisation in telecommunications.
  • Simplilearn is a global provider with a significant presence in India and recognized as the official provider of certification in Cyber Security, Cloud Computing, Project Management, Digital Marketing, and Data Science among others.
  • Simpliv provides learning to business professionals in a range of industries.

betterU has many new and exciting education and employment partnerships, technology development and opportunities in the pipeline. Stay tuned for more in the months to come.

About betterU

betterU, a global education to employment platform, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

For further information, please visit  https://ir.betteru.ca/investor-overview/press-releases/.

On behalf of the Board of Director,
better Education Corp.
Brad Loiselle, CEO

For further information:

Investor Relations
1-613-695-4100 Ext. 233
Email: [email protected]

betterU Education Corporation $BTRU.ca Adds 650+ New Listings to Their Marketplace $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 8:20 AM on Friday, July 20th, 2018

Betteru large

  • Announced the addition of many new educators to their global education platform adding more than 650 new offerings
  • New partners come from the United States and India and include Lawskills, WintellectNOW, TutorPod, IL&FS, Playablo, Increed and Nrityanjali

OTTAWA, July 20, 2018 — betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA) (the “Company” or “betterU”) is pleased to announce the addition of many new educators to their global education platform adding more than 650 new offerings. The new partners come from the United States and India and include Lawskills, WintellectNOW, TutorPod, IL&FS, Playablo, Increed and Nrityanjali.

These offerings represent new categories and methods of learning for betterU’s platform, including gamified and interactive learning to reach an even wider audience:

  • Lawskills offers betterU’s first Indian law courses. Courses are currently offered in English and hope to expand to Hindi and other dialects by year end.
  • WintellectNOW is a certified Microsoft Training Partner and will offer IT courses developed and written by Microsoft’s top trainers.
  • TutorPod, created by former NASA scientist Dr Arvind Gambheer, offers tutoring and exam prep through virtual instructor-led sessions.
  • IL&FS offers both Englishbolo and Geneo and provides an interactive English-language speaking skills program and interactive textbooks for science, maths, and English for CBSE 8 –10 respectively.
  • Playablo offers award-winning gamified learning for English and maths for CBSE and ICSE boards.
  • Increed (represented by DiViz) is a B2B learning partner providing custom content for companies looking to upskill their talent.
  • Nrityanjali is a B2B learning partner providing corporate training solutions in business, management, education and training.

“These new partnerships represent another significant step towards betterU’s goal of offering all levels of education across all industries to anyone, anywhere. Our learners have different learning styles, and our new gamified and interactive learning partners will help them better engage with their education,” said Kate O’Neil, Director of Partnership Implementation.

betterU continues to expand their partner acquisition teams around the world with offices in Canada, India, Switzerland and Australia. With the goal of educating global leaders about the opportunity for working together for the collective good, the Company has set its targets on countries with governments focused on supporting India.

About betterU
betterU, a global education-to-employment platform, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to complement school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

On behalf of the Board of Directors,
betterU Education Corp.
Brad Loiselle, CEO

CONTACT INFORMATION

Investor Relations
1-613-695-4100
Email: [email protected]

Education 2020: Changing The #Education System In #India $BTRU.ca #Edtech $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:12 AM on Tuesday, July 17th, 2018
  • Online Education in India: 2021’, a comprehensive report prepared by KPMG in India and Google points out that the online education market in India is slated to witness an eight-fold growth by 2021
  • There is already a rise in the number of e-learning companies offering classroom supplement solutions and solutions for competitive examinations
  • Coming years will witness a further rise

The K—12 education sector has undergone an overhaul in the last decade. Although, technology has made inroads into the sector with the promise of actively engaging students in the learning process, thereby, improving learning outcomes and reducing teachers’ repetitive tasks, its huge potential has not been fully realised yet.

Students need to have more agency in their learning process. Teachers are still largely the sole disseminators of knowledge. But with technology intervention, the scenario could undergo a huge transformation and the teacher would become more of a facilitator in the entire teaching-learning gamut.

The increasing role of technology 

Online learning

Online Education in India: 2021’, a comprehensive report prepared by KPMG in India and Google points out that the online education market in India is slated to witness an eight-fold growth by 2021. There is already a rise in the number of e-learning companies offering classroom supplement solutions and solutions for competitive examinations.  And the coming years will witness a further rise.

  • Anytime, anywhere learning

This trend allows students to learn anytime from anywhere ensuring learning is no longer limited to the four walls of a classroom. Students can learn from the comforts of their home or while strolling in the park. This allows learners to explore their interests more. For instance, in the conventional scenario, a learner can approach the teacher only during school hours to clarify any doubts. However, many online learning platforms have doubt clarification sessions that allow students to clarify their doubts instantly.

  • Peer learning

Online learning opens the door for student collaboration. In a classroom, teachers are often pressed for time and there are not many opportunities for students to learn from one another. However, online learning platforms have a dedicated learning community where students can help each other learn. They can collaborate on projects, clarify each other’s doubts or discuss projects. This helps them gain a fresh perspective on topics and learn concepts anew.

Making learning more engaging

One of the reasons technological intervention in the K-12 sector is successful is because of its great potential to make educational content engaging and interesting. Thanks to 2D and 3D technology, digital content has made itself a useful resource for both students and teachers. Theory in itself is not enough to make students understand concepts. Digital content due to its interactive nature is easy to grasp. Students are able to understand and retain concepts better. In the near future, we would see a proliferation of content using technologies such as Augmented Reality (AR), Virtual Reality (VR) and Mixed Reality (MR).

Artificial Intelligence

Compared to other sectors like health and infrastructure, technology has been a late entrant in the education sector due to which the impact of artificial intelligence is also be bound to be delayed. But it has immense potential to improve the learning outcomes in the education sector.

Adaptive learning – This is a unique learning solution powered by artificial intelligence, where the learning path is personalised for each learner based on interactions with learners.  It suggests a series of assessments and study materials, to each learner to mitigate his/her learning gaps and meet their individual learning objectives.  This personalised way of learning enables learners to study at their own pace and as per their own ability. Thus, a personalised learning experience engages students effectively in their own learning.

Besides the advent of technology, the education sector has also witnessed a change in the approach towards teaching and learning in the last decade.

Focus away rote learning to building 21st century skills

Not everything is bad about rote learning, but it should not be an end in itself. Learning should focus on preparing students for their professional life. In the coming years, we will see the emergence of a curriculum that will emphasize on hands-on activities, experiential learning and more. The emphasis will not just be on acquiring skills and knowledge but also on the process of learning which will be more student-centric.

Importance of coding 

Coding involves writing programs for the creation of computer software, websites and apps. Realizing the indispensable nature of coding in today’s tech-savvy world, the concept is introduced right at the kindergarten level in many countries. . Although, the children are not taught traditional programming languages, they are introduced to fundamental programming concepts, such as sequencing, loops and conditionals, through exciting activities. Besides developing programming skills, coding also helps students develop 21st century skills – creativity, collaboration, communication and critical-thinking.

Alleviating the burden on teachers 

Technology can be a great teaching ally too. The existing digital content helps teachers engage the classroom effectively. In the coming years, we will see a rise in the incorporation of Learning Management System (LMS) into the K-12 sector. LMS aids in planning and delivering education course and also tracking its delivery. An LMS will help a teacher plan the curriculum in-depth and also track the learning progress. The detailed reports will inform teachers about the deviations encountered in the well-defined learning path so that action can be taken to mitigate these deviations.

There has been a rise in e-learning content. However, a major part of the available content is ineffective in engaging students and improving learning outcomes. Thus, parameters to evaluate content will have to be set. The role of government bodies is paramount in promoting such initiatives.

Thus it can be inferred that in the next few years, the k-12 sector will witness improved learning outcomes. It will be able to provide an environment conducive to increased student engagement and improved teacher performance.

Disclaimer: The views expressed in the article above are those of the authors’ and do not necessarily represent or reflect the views of this publishing house. Unless otherwise noted, the author is writing in his/her personal capacity. They are not intended and should not be thought to represent official ideas, attitudes, or policies of any agency or institution.

Source: http://www.businessworld.in/article/Education-2020-Changing-The-Education-System-In-India/14-07-2018-154491/

Online-based learning is transforming the #Indian #education system #edtech $BTRU.ca

Posted by AGORACOM-JC at 10:54 AM on Tuesday, July 3rd, 2018

  • Multiple issues ranging from obsolete syllabus, lack of practical learning, shortage of quality educators, and other issues formed the crux of the problem.
  • e-learning has been able to permeate many layer of the Indian society, and the platform is fast-becoming an essential tool in transforming the educational system for good

by Bhola Meena

There was a time when the state of the Indian education system was significantly dismal and bleak. Multiple issues ranging from obsolete syllabus, lack of practical learning, shortage of quality educators, and other issues formed the crux of the problem. However, in the past couple of years, one could undoubtedly observe educational efficacy evolve with the support of digital means.

E-learning has played the role of a catalyst for bringing about an equitable approach to high-quality education. It has done so by providing unlimited teaching and learning opportunities, while also improving student’s learning outcomes, participation and pedagogical innovation tremendously.

The proliferation of digital tools like apps, tablets, and laptops has introduced a sense of unbridled, real-time interaction into the learning process. A simple chalk & talk lesson has matured into engagement, collaboration and feedback. This reflects in the number of eager learners who sign up for online courses. In 2016 alone, 5.8 million students enrolled in online courses. This is a 263% increase over the last twelve years, making India the third-largest online learning market behind only the US and China.

E-learning has reached deep and wide

Breaking barriers is one thing, and the ability to consolidate education and training across geographical constraints is another. E-learning has penetrated into the Indian hinterland owing to increasing affordability of high-speed Internet as well as access to smart-phones. Students are being empowered to get quality resource and education, anytime, anywhere. Improved connectivity and digital payment access have further bolstered the concept of education for all.

It is proving to be value for money, and flexible with time

There was a 175% increase in the cost of education from 2008 to 2014. This made the online space the most cost-effective place for learners to hone new skills, supplement for school learning, prepare for competitive exams or even take up non-academic subjects. Courses online are 53% cheaper than offline alternatives. Along with that ardent learners are also able to save on time otherwise lost while travelling from one place to another. They can simply log on to their devices and leverage the benefits of e-learning on the go.

Quality has not been lost despite its reach

Online learning is a great platform to present a world-class learning experience to the ever-expanding student community and workforce. There is no denying that each year a limited number of seats are available at leading universities. Many lose out on them, and along with it, on the chance of getting a quality education. However, online education has changed this. Many online websites have opened up access to live and interactive learning in collaboration with premier schools and universities from around the globe. The faculty is best in class and the students have the opportunity to learn directly from industry stalwarts. Simple-to-use interface, virtual field trips, email, virtual labs, electronic textbooks, and free online resources are students them excellent global educational experiences.

It is customizable to personal needs and goals

Personalized e-learning enables learners to customize a variety of the elements involved in their education process. From modified schedules, personalized lesson plans and activities, customized goal-setting, everything is as per the individual’s needs.  This unique learning approach has helped provide individualized and differentiated instruction to each learner. This makes the learning experience richer and with improved learning results.

The online-to-offline strategy is removing the barricade of owning gadgets

Many e-learning centers have adopted an O2O strategy; that is an Online-to-Offline strategy. In this approach, they rope in local coaching institutes, independent tutors, and publishers, to offer students a simulated learning experience. This is a big leap in terms of providing digital access to a wider learning audience. It ensures that quality study materials and preparation guides are available to those who live beyond metro cities.

Evidently, e-learning is creating a better learning environment for learners and teachers alike. It is now expanding into areas like test preparation for government and bank jobs, re-skilling initiatives and professional certification for entrepreneurs and professionals looking to upgrade their skillset, higher education through distance-learning, and casual learning.

Product offerings are set to increase with the advent of artificial intelligence and Big Data analytics. While the former will make discovery of learning more accessible and intuitive; the latter will contextualize learning options and drive purchase behaviour based on past choices of learning modules.

To summarize, e-learning has been able to permeate many layer of the Indian society, and the platform is fast-becoming an essential tool in transforming the educational system for good.

Source: https://qrius.com/online-based-learning-is-transforming-the-indian-education-system/

Investing in #India’s Higher Education Sector #edtech $BTRU.ca $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 11:28 AM on Wednesday, June 27th, 2018
  • Distance learning programs and online learning solutions are also becoming popular in India, and are expected to create a US$1.96 billion market by 2021.
  • Currently, there are approximately 1.6 million users availing online education in India

India’s higher education system is the third largest in the world, after the US and China, with over 35 million students.

Focusing on this number alone is, however, misleading – India’s overall enrollment rate in 2017 was 25.2 percent, compared to China’s 43.39 percent, pointing to a significant deficit.

Next year, as Prime Minister Modi’s government is up for re-election, job creation will be among the foremost concerns for voters.

Will the proposed reforms and skilling efforts effectively modernize the education sector to service a rapidly changing jobs ecosystem? So far, meager budget allocations, outdated national schemes, and confused policy-making do not signal optimism.

On the flip side, though, are new and niche opportunities for investing in India’s growth – as technology and innovation facilitate new entrepreneurial platforms for the huge education and skills development market.

In this article, we discuss the general structure of India’s education system before delving deeper into foreign investment opportunities in what is plainly categorized as the unregulated domain.

FDI rules in regulated education sector favor non-profits

Education in India is divided into the regulated and unregulated sectors.

Entry into the regulated sector is currently unviable in India. While 100 percent foreign direct investment (FDI) is allowed under the automatic route in foreign universities, it is applicable only for non-profit institutions established under Section 8 of the The Companies Act, 2013.

A Section 8 company can be established to promote commerce, art, science, sports, education, and research, among other areas, but can apply its profits, if any, or other income only for the promotion of its objects; it cannot make dividend payments to its members.

Setting up a foreign private university in India

The federal regulator, University Grants Commission (UGC) lays out strict guidelines for setting up a foreign private university in India.

  • Must be a non-profit institution – which implies no repatriation of funds;
  • Must be certified as a ‘foreign education provider’ by the UGC;
  • Must be in the top 400 global rankings from the UK-based Times Higher Education Ranking, the Quacquarelli Symonds ranking, or the China-based Shanghai Jiao Tong University rankings;
  • Must maintain a corpus of US$3.7 million (Rs 25 crore) with the Ministry of Human Resource Development; and,
  • Must be in existence for at least 20 years and accredited by an agency of the host country or an internationally accepted system.

These regulations do not leave much incentive for foreign universities to establish their satellite campuses or international branches in India.

The Modi government attempted to ease existing rules by reintroducing the Foreign Educational Institutions (Regulations of Entry and Operations) Bill, 2010 in parliament, which was ultimately rejected.

Thus, government sponsored or funded universities and institutions dominate the regulated education sector in India.

Unregulated education sector open to foreign investors

Investment in India’s unregulated education sector amounts to over US$1.7 billion (Rs 12,000 crore) in the last decade.

Over 160 foreign universities are currently working in collaboration with Indian institutions by establishing different types of institutes, which are registered as private or public companies.

The nature of jobs in today’s industry is changing due to the application of digital technologies, creating new entrepreneurial segments within the education sector.

Demand in India’s education market is huge, and foreign investors can tap into the gaps between education provided in the country’s formal institutions on one hand, and actual skilling needs for the rapidly transforming job market, on the other.

Setting up vocational training institutes

Indian students are increasingly looking to skill-based educational qualifications to improve employability. This has led to perpetual growth in the demand for skill-based and technical training in India.

Foreign institutions and universities are beginning to cater to this growing segment by collaborating with an Indian institution or by setting up a skilling institute, leading to the award of graduate, postgraduate, diploma, and post diploma degrees.

These institutes have to follow the regulatory guidelines set down by All India Council for Technical Education (AICTE).

Twinning programs gaining traction

These are voluntary and reciprocal agreements between educational institutions in different countries. The UGC’s foreign collaboration regulations govern these collaborations. Students in these programs complete a part of their course in India and partly in a foreign-based partnership institution.

India requires the signing of a Memorandum of Understanding (MoU) between these institutes for clear guidelines. Members of the local education authority, such as the Department of School Education and Literacy, must be present along with media personnel when the official documents, stating the bylaws of the program, are signed.

Several Indian universities have twinning programs with foreign universities. For instance, Manipal University, in the state of Karnataka, has signed MoUs with the University of Illinois Urbana Champagne, Drexel University, and The State University of New York at Buffalo and Vellore Institute of Technology, in the state of Tamil Nadu, has MoUs with Purdue University and Queen Mary University, among others.

Education services a new lucrative subsector

Tie-ups between foreign and Indian institutes to provide expertise and faculty for teaching, curriculum building, and organizing student and teacher exchange programs are becoming more attractive.

These programs allow students or teachers to spend a couple of weeks to a semester in a foreign university where fees for the period is paid to the hosting university.

Tutoring services is a strong parallel education sector with large growth potential. In India, 87 percent of primary school children and 95 percent of high school students in urban areas opt for private tutoring services, which point to the huge market for higher education tutoring as well. Already 20 percent of students enrolled in higher education opt for private tuition; with competition for postgraduate studies and jobs intensifying in India, this number is expected to increase rapidly.

Growing at a rate of 35 percent annually, India is also emerging as a global leader in providing e-learning tutoring solutions. Foreign institutions can collaborate with Indian businesses in this subsector to leverage the global market.

Distance learning programs and online learning solutions are also becoming popular in India, and are expected to create a US$1.96 billion market by 2021. Currently, there are approximately 1.6 million users availing online education in India.

Distance education is regulated by the Distance Education Council established under the Indira Gandhi National Open University Act, 1985. Foreign investors should note that certain sector specific laws might also apply. For example, 14 statutory professional councils exist in India that regulate courses related to areas such as medicine, law, and architecture.

Source: https://www.india-briefing.com/news/investing-indias-higher-education-sector-17082.html/

Online Education #edtech market in #India: From humble beginnings to a $2 billion industry $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 9:57 AM on Thursday, June 21st, 2018

  • On a growth spree, the Indian online education market is presenting a lot of opportunities to ed-tech players in the arena
  • The industry is expected to achieve the growth benchmark of $2 billion by the year 2021, a joint report released last year by Google and KPMG stated
  • Also found that the paid user base for online education services will also grow at least by six times, if not more.

Ed-tech in India has had humble beginnings right from its inception. From the elementary smart classes by Educomp to the current shape and state of the education industry where several ed-tech startups and foreign players are vying for a slice of the education market in India.

On a growth spree, the Indian online education market is presenting a lot of opportunities to ed-tech players in the arena. The industry is expected to achieve the growth benchmark of $2 billion by the year 2021, a joint report released last year by Google and KPMG stated. The report also found that the paid user base for online education services will also grow at least by six times, if not more.

While the report’s findings are quite impressive, the online education sector in India didn’t always possess the same grandeur or even garner the same interest that it does now. Initiated in the 1990s, Smart Class by Educomp launched by Shantanu Prakash was the first venture that brought a large scale change in the education sector.

Educomp Solutions started off with the business of setting up and maintaining computer labs in private schools till 1999. The company’s business grew in 1999, when founder Shantanu Prakash decided to expand the trading operations by including CD-ROMs and educational toys. However, the biggest milestone in the company’s decades-long journey remains the introduction of Educomp SmartClass – a ‘one of its kind’ model that revolutionized the way kids learn things at school.

Since then, the Indian education sector has seen quite some growth in terms of development and innovations. Ed-tech service providers and a few players in the industry are giving a makeover to ed-tech wherein the capital demands and investments have brought India to the forefront in the space.

While still nascent, India is home to thousands of companies providing education technology services to schools as well as individuals, with over 900 managing to come up in the past 2 years alone.

The innate efficacy of the tech-driven setup is still a hot topic for nationwide debates, the ground report says otherwise. Surveys conducted with several participating students have shown that the students aided with online education and smart class were able to achieve a more profound understanding of the subject matter, as compared to the students who stuck to conventional methods of learning.

The investors are surely past the over-stretched debate, with big names like the Chan Zuckerberg Initiative, Tencent Holdings, etc., having opened their coffers to Indian ed-tech honchos BYJU’s and AEON Learning. And that’s not it. The FinTech sector in India has also embraced its educational counterpart, with indigenous digital lending platforms like Zest Money and FinMomenta partnering with players like Upgrad and Edureka.

The use of technology in an already tech-driven world is not the only reason why investors are attracted to the online education sector in India. Another driving factor remains the large and rapidly growing consumer base. There are about 409 million Internet users in India, a country with 46 per cent of its population in the age group of 15-20 years.

Apart from the increasing Internet penetration, the low cost involved in pursuing an online course, as well as the convenience, flexibility and personalization also attribute to the popularity of ed-tech among students. This, in turn, amounts to growing interest from investors.

While some educators perceive online education as a looming threat to the very existence of offline education system, CEO of Embibe.com Aditi Awasthi believes that the ed-tech sector will remain a fringe play in the face of traditional methods of education until it hits at the heart of what matters to the students – outcomes. “There has to be a clear RoI from consuming education through high-tech channels beyond mere convenience. Data science-driven personalization can make that happen,” she says.

Source: http://www.thehansindia.com/posts/index/Education-&-Careers/2018-06-20/Online-Education-market-in-India-From-humble-beginnings-to-a-2-billion-industry/390846

betterU Education Corporation $BTRU.ca Announces Increases in Monthly Traffic Metrics to India Marketplace, Including 3,200% in Site Visits $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 11:49 AM on Friday, June 8th, 2018

Betteru large

  • Announced increases across all traffic metrics following the successful launch of its’ national mass marketing print campaign in India in February;
    • Website visits increase 3,202%
    • Registrations increase 2,920%
    • Courses taken increase 4,966%

OTTAWA, June 08, 2018 — betterU Education Corp. (the “Company” or “betterU”), is pleased to announce increases across all traffic metrics following the successful launch of its’ national mass marketing print campaign in India in February.  Highlights include the following:

METRIC JANUARY
(ACTUAL)

Pre-Marketing
FEB/MAR/APRIL
(AVERAGE / MONTH)
Post-Marketing
%
INCREASE
Website Visits 2,637 87,091 3,202%
Registrations 29 876 2,920%
Courses Taken 15 760 4,966%
Chats 37 693 1,772%
Social Impressions 27,222 1,151,648 5,471%

 

METRICS DEMONSTRATE POWER AND EFFECTIVENESS OF MARKETING PROGRAMS

The Company successfully launched its full-scale mass marketing print campaign across India through Hindustan Times, Hindustan and The Mint on February 19th to coincide with the Prime Minister of Canada’s visit to India for the Global Business Summit on February 23rd and 24th, which included over 2,000 delegates and 400 CEO’s from around the world.

On March 1st, 2018 the Company announced a significant increase in visitors to its’ platform, as well as, incoming calls and partnership requests.  As a result, betterU continued the national marketing campaign to grow awareness, partnerships and, most importantly, revenue streams.

Brad Loiselle, CEO of betterU stated “These increases in key metrics from just our first three months of marketing speak for themselves and bode well for our anticipated growth throughout 2018 and beyond.  Like all marketing, we expect our metrics to grow stronger every quarter as our brand awareness compounds amongst our target markets, leading to strong and robust business growth for years to come.  To this end, we are already preparing for major hiring to support our business growth and will have more to say about this in the very near future. ”

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

For further information, please visit  https://ir.betteru.ca/investor-overview/press-releases/

On behalf of the Board of Directors,
betterU Education Corp.
Brad Loiselle, CEO

For further information:
Investor Relations
1-613-695-4100 Ext. 233
Email: [email protected]

betterU Education $BTRU.ca Adds 700+ More Courses to Their Global Education Platform $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 8:47 AM on Thursday, May 31st, 2018

Betteru large

  • Continues to expand its global education partnerships, having recently added over 700 more global programs to their platform
  • Additional partnerships include WIISE Learning Network, Pointsbuild, Internshala, Simple and Real Analytics, TCYonline, CareerCo, Henry Harvin and GlobalExam

OTTAWA, May 31, 2018 – betterU Education Corp. (the “Company” or “betterU”), is pleased to announce that it continues to expand its global education partnerships, having recently added over 700 more global programs to their platform. These additional partnerships include WIISE Learning Network, Pointsbuild, Internshala, Simple and Real Analytics, TCYonline, CareerCo, Henry Harvin and GlobalExam. These offerings will add additional business and technology programs, vocational training options, exam preparation support, internship placement opportunities and assessments to the betterU platform.

Model outlining the scope of learning

The building of a global education platform required to support millions of people across many industries, domains and levels of learning requires many partnerships from around the world. Through extensive research and development efforts, betterU continues to scope out, map against India requirements, locate and partner with educators and service providers to meet these needs.

The scope of education that is essential to support mass populations like India would need to include millions of content pieces and could easily incorporate thousands of partnerships. betterU’s founder, Brad Loiselle, has been quoted many times saying that in order to provide education to all, it requires education from all. Mass collaboration of educators is the only way a single platform can support access and availability to everyone. The collective collaboration of content from many global partners and providers also enables the opportunity for unique data mining that would support customized solutions.

betterU’s partnerships not only come from within India, but also from Canada, USA, Australia, New Zealand, Germany, France and many other European countries. “There is a significant change coming in how people consume education. Through globalization, technology advancements and innovation by groups like betterU, emerging markets now have the ability to learn and compete on a global scale. I am honoured to be a part of the team that is helping advance such important opportunities,” said Kate O’Neil, Director of Partnership Implementation.

betterU continues to expand their partner acquisition teams around the world with offices in Canada, Switzerland and Australia. With the goal of educating global leaders about the opportunity for working together for the collective good, the Company has set its targets on countries with governments focused on supporting India.

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company’s vision is to help foster the equalization of education for all by bridging the prevailing gap in the education and job industry and enhance the lives of its learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements in this release are forward-looking statements, which include completion of the proposed Investment, the anticipated use of the proceeds of the Investment, the development and expansion of betterU’s operations, and other matters. There can be no assurance that the Investment will be completed as proposed or at all. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the development of competitive technologies, the marketplace acceptance of betterU’s products, and other factors, many of which are beyond the control of betterU. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

 

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, betterU disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, betterU undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

 

For further information, please visit  https://ir.betteru.ca/investor-overview/press-releases/

 

Brad Loiselle, CEO

 

On behalf of the Board of Directors

 

For further information:
Investor Relations
1-613-695-4100 Ext. 233
Email: [email protected]

 

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f9e21336-0a27-4eb5-8815-5bc9f17411af