Blogs

Why having a PhD becoming a trend in 2017?

Education is the key to economic growth. Knowledge acts as the platform on which our generation is built. With the growing advancement of technology and the increasing thirst for knowledge, it can be noted that more and more people these days tend to take the other end of the crossroad and delve into research based professions. These professions stem out of doctorates earned in a specific field. The demand for a candidate holding a Ph.D. in a certain field certainly gives that individual a better edge than someone who has completed his or her education up to the Masters level, as more and more companies these days are looking for professionals who can go that extra mile by delving into thorough research. Since developing something new always requires the kind of expertise common in doctorates, having a Ph.D. today is a great way to make it to the top.

The modern era has witnessed major developments in almost every sphere of life, be it in medicine, technology, engineering, sports, etc. Much of these developments have had their start from small ideas that have incrementally been improved upon. For example, the development of a new drug starts in research laboratories where candidates are tested on bacteria, followed by mice and then clinical trials on humans. The majority of this work at a research level is performed by highly skilled individuals specialized in a particular niche, in other words Ph.D.?s. Getting this degree involves an undying commitment to a particular field of study that is constantly tested by low wages, long hours, negative results and several other sacrifices that most of us take for granted. However, of late there has been a tremendous spike in the number of individuals who possess such a degree. When examined closely this appears due to a change in the educational system the world over that recognizes degrees on paper rather than actual contributions to science and development. As a result, having a Ph.D. is more of a status symbol that guarantees high salaries and positions (post Ph.D.).

This demand has driven universities and institutes to devise programs that allow people to obtain Ph.D.?s in the same way as a Masters degree and this has had an adverse effect on science and technology as a whole.
A recent survey by The National Science Foundation shows data tables for the?2015 Survey of Earned Doctorates?(SED), the federal government?s annual census of new graduates from the nation?s research doctoral programs. In the academic year 2014?15, modern language programs awarded degrees to 1,281 doctorate recipients in English and to 823 in modern languages other than English. The 1,281 graduates from English doctoral programs come close to the recent high of 1,286, reached in 2012. While the 823 graduates from doctoral programs in other modern languages is substantially below the recent high of 919 reached in 2013, there has been an upward trend in the production of PhDs in both English and other modern languages over the eleven-year period 2005?

When it comes to the actual worth of a Ph.D., it all depends on one?s own judgment. The economic value varies from field to field.?If an individual specializes in a high demand, low supply research area, such as high performance computer architecture or compilers, you can be highly compensated in industry, and it may be the only reliable way to leadership positions. For example, if one happens to pursue a Ph.D. in architecture or compilers, one is reckoned to work on some revolutionary idea that would ultimately be software or a hardware project. They provide a breadth of experience as well as depth: one has to understand the entire system and the interactions between components of the system. That kind of experience, particularly in the hardware world, has become much more difficult to acquire with a BS, as you usually won?t get the right kind of projects and exposure. The PhD might not be a necessity, but it?ll give you a far better chance at achieving your goal.

References:

Daniel Ryan, Ph.D.scholar, Infection Biology Laboratory, KIIT University, Bhubaneshwar, India.

http://www.bumblebeehub.com/2017/02/ph-d-degree-becoming-trend-2017/

http://skilloutlook.com/top-news/top-ten-trends-higher-education-2016

http://www.hindustantimes.com/mumbai-news/no-distance-education-for-phd-degrees-anymore-ugc/story-SfnK99DHlcMh3GlaJPHb5O.html

https://mlaresearch.mla.hcommons.org/2017/02/06/the-upward-trend-in-modern-language-phd-production-findings-from-the-2015-survey-of-earned-doctorates/

Project Based Learning

The 7 S’s of Project Based Learning

Project based learning method enables a student to acquire an in-depth knowledge of a wide range of disciplines. Most teachers and schools find it difficult to implement it in their existing curriculum. How can an existing CBSE/ ISCE school compete with a new International School if they do not adapt?

Lets look at how to implement Project based learning in your school with these easy steps.

PBL can be divided into two 2 categories which can be further subcategorized into 7 divisions each. The first category is referred to as The 7 Phase Model and it consists of the following:

  1. Introduction of the Driving Question: Introduce the students to a driving or an ?essential? question. This question is usually open-ended, compelling and based on a real world issues, which the students are required to answer before any instruction is given to them.
  2. Induction of the Culminating Challenge: Culminating challenge refers to a veritable assessment or presentation to a student demonstrating learning of the subject matter. This can be done via a discussion, website development, election simulation etc.
  3. Developing Subject Matter Expertise: Students are required to become experts in the subject matter through inquiry methods. They are provided with background information but are also required to explore new concepts
  1. Execution of the Culminating Challenge: Students demonstrate their new ?expertise? or learning of the concept to a teacher. Better judgment and guidance can be given if a subject matter expert or professional is brought in to critique the students on their quality of work.
  2. Debriefing Culminating Challenge: Debriefing or cross examining enables students to reflect on their project by writing assessments or general discussions. The opinion of a teacher or subject matter expert can also help in authentic and immediate feedback for a successful delivery.
  3. Responding to Driving Question: Asking students to respond to the driving question once again after assessment will make them have a deeper understanding of the new concept and enable them to see the difference in the quality of their new and old responses (if any) and better acknowledge their learning.
  4. Summative Assessment: A summative assessment is an important way to measure student learning. It is a measure of student proficiency on the acquired skills and concept.

The second category is called The 7 Essentials and it consists of the following:

  1. Knowledge as a Prerequisite: Provide students with the basic idea of a particular concept, in the form of audio-visual aids, by a guest speaker, a field trip or a general discussion for catching the interest of the student and better understanding.
  2. A Driving Question: A driving question is the hardest step and forms an effective part of a PBL. It is an open ended, abstract question with a purpose aimed at making a concept clear. It is developed while the students are brainstorming solutions.
  1. Student Opinions and Choices: This helps in making the project riveting and more meaningful. Students can feel free in selecting materials for reading, research topics and also a wide range of web tools, kits and brochures, which would anchor their learning process.
  2. Technology as the Linchpin: One of the main purposes of PBL is to instill the 4 C?s or the 21st century skills in the students ? critical thinking, collaboration, creativity and communication. This can be achieved through extensive research and experience and have to be well planned and managed, in order to avoid sacrificing academic rigor.
  3. Inquiry and Innovation: The students are required to research thoroughly or ask questions related to their project. Information can be gained by the teachers, publications, various websites and professionals. Finding answers paves the way for raising new questions and are beneficial for the completion of the project.
  4. Assessment and Emendation: Feedback and revision during the learning process from peers, and or adult mentors or via exemplars, rubrics, helps the students to create high quality project.
  1. Product Publicity: The culmination of the project requires the students to present their final products to an audience which includes teachers, peers and parents, professionals and the global community to an extent. It further helps in motivating the students to create high-end products and develop individually.

Strategum Eduserve Pvt. Ltd a Bengaluru based Education Consultancy has helped several schools and teachers implement Project Based Learning methods in their school curriculum. Strategum is a leader in School Management and Set-up. Get in touch with us for a free session to understand how your school can become a 21st century School.

Is Technology in Education a step towards progression?

The introduction of technology in the field of education has played a major role in facilitating the teaching practices and methodologies of teachers and practitioners all around the globe. Students get a chance to interact with their surroundings and not just be enclosed within the four walls of the classroom. A lot of websites online provide trainings and courses which can help the students in preparing for multiple disciplines, at their leisure and have fun whilst doing so. Among these websites, the most popular and genuine one happens to be one created by Mr. Byju Raveendran called ?Byju?s? (https://byjus.com/). Byju?s provides supplements for the curriculum of classes 4 to 12 and materials for UPSC, CAT, GMAT, GRE, K10, K12, JEE, NEET available for E-Learning.

The app is available on the Android market and App store and is free to download. Byju?s learning portal has more than 8,000,000 downloads and is recognized in more than 1700 cities and towns all across India. It works on making learning free, easy and personalized. Apart from Byju?s, there are various other apps on the Playstore which provide a similar learning experience to students, many of them focus on project based learning and the others on
learning through audio and visual aids.

The apps are as follows:-

1. Explain Everything
(https://play.google.com/store/apps/details?id=com.morriscooke.explaineverything): This app is an easy-to-use, whiteboard tool which lets a user create, animate, annotate and engage in multiple actions, starting from one place and ending to another. It has got a unique user interface and is one of the top paid learning apps on the market. It is available to use in English, Spanish, Italian, Russian, Polish, and Chinese.

2. We Video
(https://play.google.com/store/apps/details?id=com.wevideo.mobile.android): We Video is a free installation app available on the Android market. It is the best way to create, edit, and publish videos on Android. Get this powerful and easy-to-use video editor app for making and sharing videos on YouTube, Facebook,
Twitter, Instagram, and more. Add themes, filters, effects, transitions, emojis, voiceover narration, music, and more.

3. Evernote
(https://evernote.com/download/): Evernote is a modern note-taking tool which lets the user create and share notes, slides and other files, with ease. Articles can be discussed and shared with other users right within the app. The user interface is smooth enough to providing an enriching learning experience.

4. SimpleMind
(https://play.google.com/store/apps/details?id=com.modelmakertools.simplemindfree): Mind mapping is a tool which helps organize one?s thoughts and idea in a simpler fashion. SimpleMind helps putting these ideas into form by its interactive app. The app is free to download on the App store and Android market.

5. MindMeister
(https://play.google.com/store/apps/details?id=com.meisterlabs.mindmeister): This app lets the user create, edit and share mind maps on the phone or tablet and officially on the website, either alone or in an online collaboration with other users. Just like SimpleMind, MindMeister helps in organizing ideas and thoughts and provides a structure to help the user appropriately arrange those ideas, for ease of accessibility. It is free to download on the Appstore and Android market.

6. Glogster
(https://play.google.com/store/apps/details?id=com.glogster.glogster): This creative tool is excellent for creating digital posters and other multimedia projects. It can be used as a ?pre-tool? for a major project, or simply to highlight research. With the selection of templates available and easy to import sources, this tool allows students to express their creativity in many different ways. The app is free to download. Project Based Learning is the up and coming method for teaching in today?s generation and is beneficial for all age groups. The advancement of technology has definitely made learners pull up their socks in order to face everyday challenges, not just in the field of their studies but also otherwise. Engaging methods and interactive sessions help cultivating new skills and thus help in the growth of an individual.

Many new age 21st Century Schools have begun using similar tools to assist their students learn by visualizing the problem at hand. In today?s day and age, when information is at every ones? fingertips, it has become an imperative to have the skills to use that information efficiently rather than memorizing it. With the increased focus of investors in the Ed Tech space, there is a lot of activity and innovation taking place in this sector. This is bound to help the teachers, students and the institutions itself. Teaching methods have stayed the same for centuries even though the World around us has changed at an exponential pace. It is high time the education sector embraces technology else we may start producing an incredibly useless work force in the near future.

-The author of this post, Eva R Sachdeva is a blogger for IOS Marketing and writes extensively on Education Technology and news.

References:-

http://www.educatorstechnology.com/2015/06/the-best-10-android-apps-for-project-based-learning.html

http://www.teachthought.com/learning/project-based-learning/11-tools-for-better-project-based-learning/

http://byjus.com/

http://www.teachthought.com/learning/project-based-learning/30-of-the-best-apps-for-group-project-based-learning/

https://play.google.com/store/apps/details?id=com.morriscooke.explaineverything

https://play.google.com/store/apps/details?id=com.wevideo.mobile.android

https://evernote.com/download/

https://www.mindmeister.com/

http://edu.glogster.com/?ref=com

https://play.google.com/store/apps/details?id=com.glogster.glogster

Top 10 IB Schools in India

Best IB Schools in India? Is IB School good? How to start IB school in India?

The number of IB Schools in India is growing exponentially India today has over 150 IB Schools with Maharashtra leading the number with 51 schools. Not just IB but other international boards like CIE (Cambridge International Examination) and Edexcel are also gaining popularity. One of the reasons for the growth in International schools has been the perception that they encourage creativity and free thinking, both important characteristics for the success in a globalized world. Teaching methods of Indian state boards are archaic with little to no reforms in them. This is turning these board inadequate in meeting the demands of the parents who aspire to provide international quality to their wards. Below is the list of few top recognized I.B Schools in India.

Going over the list we see that most I.B schools are still present only in tier I cities and tier II and III children do not have the same playing field as the city children. Strategum Eduserve is working on several initiatives in smaller cities and towns helping schools take up I.B as an option along with CBSE, ICSE and state boards.

1) Singapore International School, Mumbai

2) G.D Goenka World School, Gurgaon

3) Stone Hill International School, Bangalore

4) Selaqui World School, Dehradun

5) American Embassy School, Delhi

6) Kodaikanal International School

7) Dhirubhai Ambani International School, Mumbai

8) Good Shephered International School, Ooty

9) Oakridge International School, Visakhapatnam

10) Oaktree International School, Kolkata

Strategum plans, establishes and manages educational institutions like Schools, Colleges and Universities. Strategum also provides a complete range of service right from concept development to successful completion of any educational project. Get in touch with us if you are pondering opening a school and get free consultation on the prospect and outlook of the venture.

Flipped Classrooms

Flipped Class Room

Strategum Eduserve has been advocating the concept of Flipped Classrooms to teachers of schools it has consulted. A lot of people too are talking about this, let us look into what flipped classroom really is all about, its advantages and should you as a teacher try out this for your students.

The flipped classroom is a pedagogical model in which the typical lecture and the homework elements of a course are reversed. A short video lecture/podcast is given to the student to view at home before the class and the in-class time is used for exercise, projects or discussions. A short 7-10 mins video is made by the teacher which the students watch at home at their own pace, communicating with their peers and teachers via online discussion. Concept engagement takes place in the classroom with the help of the instructor. The value of a flipped classroom is in the re-purposing of class time into a workshop where students can inquire about lecture content, test their skills in applying their understanding of the concepts being discussed and interact with one another in hands-on activities. Teachers during class time act more as advisors or coaches encouraging interaction and collaborative efforts.

Traditional lectures students try to capture what the instructor is saying and rarely get time to ponder and reason the concept. They do not get the adequate time to reflect. Hence, the student mindlessly try to memorize the concept with no real understanding of the Whys and Hows. By contrast, the use of videos and podcasts lets the students regulate the lecture time. They have the power to rewind, refer and fast forward material. Now, devoting the class time to application of the concept might give instructors a better opportunity to detect errors in thinking, particularly those that are widespread in a class. At the same time, collaborative projects present real life scenarios to the students and better prepares them for the future.

Though flipped classrooms seem like a no brainer, however, it has its downsides. Creating an effective flip requires careful preparation. Recording lectures requires effort, time and some acting skills! The out of class and in class elements must be carefully integrated for students to understand the model. As a result, introducing flip requires additional work on part of the faculty and management.

Students, for their part, have been known to complain about the loss of face-to face lectures, particularly if they feel the assigned lecture is available to anyone online or if the lectures do not cover the important topics or key ingredients. Some might start assuming skipping classes is safe as activities might not be viewed with the same importance as that of the lecture. Finally, poor internet connectivity and lack of access to fast data might hinder the progress of some students.

The flipped classroom constitutes a role change for instructors, who give up their front of the classroom position in favor of a more collaborative and cooperative contribution to the teaching process. There is concomitant change in the role of the student, many of whom are used to being cast as passive participants in the educational process, where instruction is served to them. The flipped model puts more of the responsibility for the learning on the shoulders of students while giving them greater impetus to experiments.

Strategum Eduserve (P) Ltd. has helped over 50 schools across India to help incorporate this model in various levels of school education. If you are contemplating the use of flipped classrooms in the capacity of a teacher or introduce the concept in your school as a whole, we can help device classes and courses which will help both your teachers and students to experience the flipped classrooms.

School Franchise vs Starting your own school in India?

As Education Partners, Strategum Team is often asked the unavoidable question:
Is it better to take a franchise of a school or start your own school??

Well, there is no simple answer to this all-important question from the perspective of the Investor. The success of DPS Society’s Schools in the recent past seems to have convinced many that having a good brand name assures the success of the school and hence helps to achieve the desired return on investment. This is true to a large extent in the case of DPS. DPS Schools have build enormous trust amongst parents, and people at large believe that the education system adopted under these schools offer good quality education. However, We haven’t seen any other School command similar respect under the franchise model across India. There are franchise schools that are doing well but none have the national presence and recall value of DPS (under the DPS Society).

Our understanding from the numerous interactions with diverse group of investors is that they generally prefer ?branded schools? for one of the following reasons:

– To give them a head-start in admissions right from year 1
– To assist the investor in planning the school (physical infrastructure, systems & practices, financial model, ownership patterns, feasibility study, school location, key differential factors and competitor analysis)
– To provide know-how and knowledge in running the school
– To facilitate in affiliation of School and other legal formalities
– To recruit, select, train and develop Principal and Teachers
– To bring ?best practices? in school management
– To provide support in design and delivery of curriculum
– To ensure that the School achieves its social and financial objectives
– To give immediate visibility and recognition to the project in the city

Though all of the above factors are essential for smooth functioning of School, they are not critical success factors. At Strategum, we believe that the success of a school is dependent on the following critical factors (in no particular order):

– The learning environment
– Student performance, attitudes and values
– School Management & Leadership (vision, structure, decision-making and policies)
– Contextualization of academics to local needs
– Customization of teaching methods to suit the learning styles of students
– The School culture

We think none of the ?Franchise Model? Schools offer all the above 15 benefits to its franchisee. Any Franchise School that offers ?one-size-fits-all? model of starting a School would find it difficult to deliver on the Investor?s expectation over medium term. Schools are part of community and unless the academic programs and teaching-learning process is not localized and offered in the context of the parents and students where the school is located, the results will always be discouraging.

India is a diverse country, rich in traditions and culture. The social and cultural context makes it very difficult to operate schools based on a set of manuals and SOPs (Standard Operating Procedures). The need and challenges of teaching a child in Bangalore is vastly different from that of a child in Raipur. The expectations and profile of parent in Coimbatore is very different from that of a parent in Sambalpur. Teaching in school is a very creative process and standardization or digitization of this will only adversely impact the quality of students coming out of such schools.

 

Taking the franchise route

Franchising of schools has become the name of the game. To assist the decision in taking the franchise of a School, we suggest that the investor considers the following:

Credentials of the Franchise in school education sector within the State where the School is proposed. If possible, randomly select any existing Franchisee across India and speak to that investor on his experience. A visit to that School would be wonderful idea.

Brand Name. Have complete clarity on what brand name of the School is offered to you. Some Franchisors have multiple brand names based on type and location of the School. Others may connote association with some other reputed / well-established school. For instance, Doon Public School and Doon School are different schools. If in doubt, seek clarification or review the Trademark Registration Certificates.
Presence of a dedicated Franchise Office / Team for technical and academic support in the State where the School is proposed.

Consider a partnership model rather than a franchise model. It will be good if the Franchise commits financial investment in the project. This would ensure greater commitment and support.
Do a quick ?Brand Re-call? test. Circulate the logo of the Franchise (without the name in it) to your Target / Potential Parents and ask them to name the School. You have a good brand to work with if atleast 50% of prospective parents can recognize the brand and recall the name.

Do not get sold to oral promises and assurances made by Sales Executives or Agents. Ensure that everything is incorporated in the franchise agreement and do not hesitate to take a legal opinion before signing the Agreement. Make special note of the termination clause and exit route offered. The Term of the Agreement and Lock-in Period are other important clauses. Ensure to include a performance clause.

Understand in great detail the academic support and inputs that will be provided. Most investors are good at administration and management of school but they would require lot of academic handholding. Please remember that only the quality of academics will take the school to greater heights.

?Commercial aspects of the Franchise Model

Most Franchise Model of Schools involve a combination of:

(a) A one-time licensing / set-up fee

(b) An annual fee as Royalty or School Management fee

The one-time fee ranges from Rs. 25.00 lakhs to 5.00 crores (or more). It depends on the brand name and its reputation to command that price in ?market?.

The Annual Fee may be a fixed fee with periodical incremental clause or it may be paid as a percentage of ?Total Receipts?. Generally, this ranges from 6% to 20% of fee collected.

There is no fixed fee and the above can be negotiated. A new franchise school having limited presence in terms of number of schools would be willing to offer deep discounts with an objective of expand fast. A well-established chain of franchise schools may not relent on the commercials.

Some of the factors that can influence the above, are:

– Profile of the investor

– Location of the proposed school

– Investment envisaged

– Number of students expected to be enrolled in first year (market potential)

– Bargaining power / References

– Vision for the proposed school (e.g. Board to be affiliated, facilities to be provided, type of school ? residential, day-boarding or day school)

Indicative List of Schools that offer Franchise:

(Note: The List is indicative and for information only. It does not mean that Strategum recommends or endorse these schools.)

– Delhi Public School (under the aegis of DPS Society)
– G D Goenka Public School
– Mount Litera Zee School
– Open Mind ? A Birla School
– Shloka ? A Birla School
– Shemford Futuristic Schools
– Educomp Schools (Millennium, Takshila, Universal Academy)
– Kenbridge Schools
– Jaipuria Schools
– Indus World School
– Doon Public School
– Edify Schools
– Billabong High International Schools
– Podar Schools
– Academic Heights
– Global Indian International School

Alternative to Franchise School

An alternative to Franchise Schools is to start a K-12 School in your own brand name. This is generally preferred for committed education investors who are looking at long-term gains and advantages. This is also suitable for investors who have a strong reputation in the city where the School is proposed. Many times, the investor underestimates his own brand value!

The benefits of starting a school on your own are:

You own the brand and hence the School ?in toto?
It is more successful model financially over a period of ten years as you save crores of rupees that would otherwise be paid as royalty or management fee
You have a complete distinct control over the management of the school
As your investment and reputation is at stake, your commitment to make the school successful will be greater.
It can be a good business diversification plan from the present line of your business and offer good avenue for working of next generation in your family
It creates more visibility and respect for the family as the School is distinctly identified with the promoters of the School
It offers great flexibility as you are not bound by policies and guidelines of a franchise school
It enables you to customize and localize the academic programs and suit the need of the target group
It offers opportunity to expand further into Degree College, Engineering College, B.Ed. College or University by same name in future
You can also start another school or a chain of schools in your own brand name, depending on your vision and long term plans
It offers greater scope for innovation, collaboration and partnerships.

Starting school in your own name conveys a social purpose unlike franchise schools that are seen as commercial / business oriented.

On the down side, investors are worried of project failure in the absence of a strategic knowledge partner who can guide and support the project right from planning to implementation at a reasonable fee. Indeed, Strategum Eduserve is well established to fill this gap.

Strategum Eduserve offers a complete value chain of services right from planning of the School to successful implementation of the plans and academic management of the School post its establishment. We understand School Education & Academics and appreciate the context of the School. In fact, going away from the established practice of preparing a business plan, we begin our work with a Project Concept Note that details the Academic Plans and Program, supported by ten year financial projections, required for the school in the proposed location after a detailed study of the social and cultural environment. Every single document template, policy guidelines and procedure is created on the basis of a ?Zero Based Planning? approach to suit the internal resource constraints and requirements of the context in which the School is planned. It is a qualitative approach rather than adopting a ?Check-List? based approach. Each of our School is distinct and different in character, but in sync with the aspirations and need of the community.

From our past experience of working with Clients, we have seen that after three years of School functioning, the School operates smoothly and all the systems are matured and proven. Hence, our engagement at professional level is generally restricted to first three academic years of School. This offers great financial prudence to the Investor as he need not pay any royalty or management fee for 15-30 years as required under most franchise models.

Strategum offers its services to suit the resource constraints of the investor and we would be happy to discuss through the issue with you as you make a decision to take franchise or start school on your own. Please fee free to email us on yrp@strategum.in . Alternatively, you may call us on 09981506149

 

Franchising of schools has become the name of the game. To assist the decision in taking the franchise of a School, we suggest that the investor considers the following:

?Credentials of the Franchise in school education sector within the State where the School is proposed. If possible, randomly select any existing Franchisee across India and speak to that investor on his experience. A visit to that School would be wonderful idea.
Brand Name. Have complete clarity on what brand name of the School is offered to you. Some Franchisors have multiple brand names based on type and location of the School. Others may connote association with some other reputed / well-established school. For instance, Doon Public School and Doon School are different schools. If in doubt, seek clarification or review the Trademark Registration Certificates.
Presence of a dedicated Franchise Office / Team for technical and academic support in the State where the School is proposed.
Consider a partnership model rather than a franchise model. It will be good if the Franchise commits financial investment in the project. This would ensure greater commitment and support.
Do a quick ?Brand Re-call? test. Circulate the logo of the Franchise (without the name in it) to your Target / Potential Parents and ask them to name the School. You have a good brand to work with if atleast 50% of prospective parents can recognize the brand and recall the name.
Do not get sold to oral promises and assurances made by Sales Executives or Agents. Ensure that everything is incorporated in the franchise agreement and do not hesitate to take a legal opinion before signing the Agreement. Make special note of the termination clause and exit route offered. The Term of the Agreement and Lock-in Period are other important clauses. Ensure to include a performance clause.
Understand in great detail the academic support and inputs that will be provided. Most investors are good at administration and management of school but they would require lot of academic handholding. Please remember that only the quality of academics will take the school to greater heights.

?Commercial aspects of the Franchise Model

Most Franchise Model of Schools involve a combination of:

(a)? A one-time licensing / set-up fee

(b)? An annual fee as Royalty or School Management fee

The one-time fee ranges from Rs. 25.00 lakhs to 5.00 crores (or more). It depends on the brand name and its reputation to command that price in ?market?.

The Annual Fee may be a fixed fee with periodical incremental clause or it may be paid as a percentage of ?Total Receipts?. Generally, this ranges from 6% to 20% of fee collected.

There is no fixed fee and the above can be negotiated. A new franchise school having limited presence in terms of number of schools would be willing to offer deep discounts with an objective of expand fast. A well-established chain of franchise schools may not relent on the commercials.

Some of the factors that can influence the above, are:

-Profile of the investor

-Location of the proposed school

-Investment envisaged

-Number of students expected to be enrolled in first year (market potential)

-Bargaining power / References

-Vision for the proposed school (e.g. Board to be affiliated, facilities to be provided, type of school ? residential, day-boarding or day school)

Indicative List of Schools that offer Franchise:

(Note: The List is indicative and for information only. It does not mean that Strategum recommends or endorse these schools.)

  • Delhi Public School (under the aegis of DPS Society)
  • G D Goenka Public School
  • Mount Litera Zee School
  • Open Mind ? A Birla School
  • Shloka ? A Birla School
  • Shemford Futuristic Schools
  • Educomp Schools (Millennium, Takshila, Universal Academy)
  • Kenbridge Schools
  • Jaipuria Schools
  • Indus World School
  • Doon Public School
  • Edify Schools
  • Billabong High International Schools
  • Podar Schools
  • Academic Heights
  • Global Indian International School

Alternative to Franchise School

An alternative to Franchise Schools is to start a K-12 School in your own brand name. This is generally preferred for committed education investors who are looking at long-term gains and advantages. This is also suitable for investors who have a strong reputation in the city where the School is proposed. Many times, the investor underestimates his own brand value!

The benefits of starting a school on your own are:

You own the brand and hence the School ?in toto?
It is more successful model financially over a period of ten years as you save crores of rupees that would otherwise be paid as royalty or management fee
You have a complete distinct control over the management of the school
As your investment and reputation is at stake, your commitment to make the school successful will be greater.
It can be a good business diversification plan from the present line of your business and offer good avenue for working of next generation in your family
It creates more visibility and respect for the family as the School is distinctly identified with the promoters of the School
It offers great flexibility as you are not bound by policies and guidelines of a franchise school
It enables you to customize and localize the academic programs and suit the need of the target group
It offers opportunity to expand further into Degree College, Engineering College, B.Ed. College or University by same name in future
You can also start another school or a chain of schools in your own brand name, depending on your vision and long term plans
It offers greater scope for innovation, collaboration and partnerships.
Starting school in your own name conveys a social purpose unlike franchise schools that are seen as commercial / business oriented.

On the down side, investors are worried of project failure in the absence of a strategic knowledge partner who can guide and support the project right from planning to implementation at a reasonable fee. Indeed, Strategum Eduserve is well established to fill this gap.

Strategum Eduserve offers a complete value chain of services right from planning of the School to successful implementation of the plans and academic management of the School post its establishment. We understand School Education & Academics and appreciate the context of the School. In fact, going away from the established practice of preparing a business plan, we begin our work with a Project Concept Note that details the Academic Plans and Program, supported by ten year financial projections, required for the school in the proposed location after a detailed study of the social and cultural environment. Every single document template, policy guidelines and procedure is created on the basis of a Zero Based Planning? approach to suit the internal resource constraints and requirements of the context in which the School is planned. It is a qualitative approach rather than adopting a Check-List? based approach. Each of our School is distinct and different in character, but in sync with the aspirations and need of the community.

From our past experience of working with Clients, we have seen that after three years of School functioning, the School operates smoothly and all the systems are matured and proven. Hence, our engagement at professional level is generally restricted to first three academic years of School. This offers great financial prudence to the Investor as he need not pay any royalty or management fee for 15-30 years as required under most franchise models.

Strategum offers its services to suit the resource constraints of the investor and we would be happy to discuss through the issue with you as you make a decision to take franchise or start school on your own. Please fee free to email us on yrp@strategum.in . Alternatively, you may call us on 09981506149

How to open a CBSE, ICSE or IB School in India?

For a country to be called as developed, all people must be civilized. The first step to make it possible is through education so that it eradicates the ignorance of people leading towards development of a nation.

Running a school is considered a not-for-profit venture, but you just need to look around to see that the business opportunity is huge. According to an estimate by an NGO active in the field of education, there are more than 14 lakh children in Delhi alone who seek admission every year in various classes

Schools cannot be set up by private entities. They have to be run by a society formed under the Societies Act of 1860, or a trust under Public Trust Act as existent in different states, or by forming a company under Section 25 of the Companies Act 1956. In other words, a school has to be set up strictly as a non-profit business. At least that is the theory.

However, opening a CBSE, ICSE, IGCSE or STATE Syllabus school anywhere in India demands a lot of commitment, endurance and a vision. However, the unending demand for more schools has paved way for budding entrepreneurs to start their own venture.

Establishing a CBSE school guarantees quality education and full support of the CBSE Board. Setting a school not just involves constructions of physical infrastructure, building classrooms and labs etc. It also includes attainment of the licenses and approvals from the concerned authorities, acceptance from the departments

The Procedure to Open a CBSE School in India is as follows:

Central Board of Secondary Education(CBSE) affiliation is one of the oldest and the most popular examination boards of India. It supports various schools in imparting knowledge and maintaining uniform standards. Besides this, it is a self-financing body which is responsible for developing the curriculum for schools that are affiliated to it. Moreover, the board has established certain norms that need to be followed by these schools.

Finance/capital: Investment is the first prerequisite for opening a school anywhere in India. This investment should accommodate all the necessary infrastructure & furniture, teaching & sports equipment, laboratory apparatuses, stationary etc. Typically, an investment of around 2 to 3 Crores is required. This can be arranged by approaching financial institutions or banks that provide loans for this purpose.

Investments required for a school depend on two vital components?cost of land, which depends on where you want to start your school, and whether it will be residential or non-residential. ?The key is to keep investments as low as possible. One should start with the bare minimum and keep on adding with time.Schools set up their entire infrastructure in stages.

Registration: Registration of the school committee under a Trust/Society is the next important step. It is essential to get a proper guidance related to all the rules & regulations for the proper running of the school.

Once the governing entity, whether a company, trust, or society, comes into existence, it will have to look for land. There are two possibilities?one, if the society or trust has a land of its own, or, second, when the governing entity decides to buy a land for the proposed school. Buying land from the government requires permission in the form of a no-objection certificate from the Department of Education of the concerned state. The no-objection certificate, called Essentiality Certificate (EC), certifies the requirement of a school in a particular area. The logic behind the practice is to make sure no two schools compete with each other and one becomes redundant.

One can apply to the concerned municipal corporation for land for the school with the EC. Land is supposed to be allotted to the governing entity at subsidized rates is usually allotted through auction.

Site & land: The minimum land area for opening a CBSE school in a metropolitan city with a population exceeding 25 lakhs is approximately 1 acre which can further vary in accordance with the type of school and the location you choose. The land requirement is almost the same in hilly areas also. However, in all the other places, the land area should not be less than 2 acres. The land can either be leased (with a rental agreement of minimum 30 years) or can be your own property. Further, the site chosen should be such that it provides easy accessibility from all modes of transport.

Procurement of NOC: The NOC (NO-Objection Certificate) needs to be obtained from the government of the state where you are planning to open a CBSE school because then only you will be able to start the construction of your school.

Construction: On one part of the land, a proper school building should be constructed depending upon the number of students to be accommodated in the school. Besides this, a playground big enough to accommodate all the necessary sports and Extra-curricular facilities should be maintained on the remaining part of the land.

CBSE affiliation: For obtaining CBSE affiliation, a list of documents namely, the NOC obtained from state government, approval from the Municipal Corporation of the state and clearance from the Health department needs to be submitted to the board authority.

Recruitment: Recruiting a qualified and experienced staff is essential to create & maintain excellent education system in the school.

Marketing and Promotion: Finally, marketing and advertising your school in the neighbouring areas is important for the successful establishment of your school. This will further help you to attract more number of admissions.

A number of schools in North India are affiliated to CBSE board of education because CBSE is one of the most trusted boards of India which aims at providing quality education to students. However, opening a CBSE school is not just about setting up the infrastructure but also involves attainment of permissions at various levels. So, instead of opening school on your own it is always advised to take professional help to save your valuable time, energy and investment.

If you are interested to start/Manage a school, college, university, vocational training institutes anywhere in India? We will help you achieve that.

You may contact Ms Nupur on +91 9981506149 or email us at info@strategum.in