Education is an important piece of life. The amount and kind of education that people get have a noteworthy influence on both the kinds of jobs they can hold and their profit. Long-lasting learning is significant in getting new information and changing one’s aptitudes, especially in this period of fast creative and financial changes. The educational service industry includes a variety of organizations that give academic education, job and professional management, and other education and training to a large number of students every year.
The Indian education industry is fair for growth. This level is changing quickly with increasingly private players joining the game. The government is additionally taking numerous steps to improve the nature of education in India.
Definition of the Education Industry:
The collection of businesses and organizations that provide products and services with the goal of raising the standard of education in society is known as the education industry. By satisfying consumer demand for products and services that enhance fundamental educational offerings and further their primary objectives, the education sector contributes significantly to the advancement of public education. The following four categories best characterize the industry:
- The schools and service providers: Charter schools, Virtual schools, Proprietary schools, Alternative and Special education services, Education management organizations, and Elementary and Secondary education.
- Higher education, vocational training, learning centers, tutoring, and assessment services are all provided by providers of supplemental education services.
- Educational Goods & Services Sector: Production and sale of educational information and goods including Educational Products, Publishing, and Supplemental Products.
- Education Consultants, Education Information and Research, Education Investment Services, Education Policy Specialists, and Technology Services are among the secondary and support services offered to the education sector by the Education Support Services Sector.
What are the key segments of the education industry?
The consumers:
Students can be considered as the consumers of the education industry. They need the help of committed trainers to achieve their educational goals and receive the information and skills they need. With each passing year, students are gathering for technology-based learning methods, better education results, and a suitable ROI. All other businesses can be viewed as customers of the education industry for they depend on skilled workers.
The institutions:
They include the different state and private schools, colleges, and universities. Vocational education schools also provide job-oriented education through training. Other institutions include ancillary education services such as private schools, special schools, and educational material providers.
The workers:
Workers in the education industry include managers, teachers, librarians, speakers, professors, sports coaches, counselors, etc. Textbook producers and testing companies also play important parts in the education industry. All workers in this business are tasked with helping students achieve all their educational goals. Teaching and training can be a difficult job but great teachers/instructors believe in and use the power of education to change their students’ lives.
Kinds of jobs in the industry:
Teaching jobs
These kinds of jobs are usually the more hands-on types of jobs. They require you to have direct touch with learners, often setting out tools and learning plans:
- Teacher: Becoming a teacher generally means working in a primary or higher school. You might work with a range of age groups in different settings and may focus on one particular field.
- Lecturers: Lecturers work at universities and other higher education institutions. Usually, you’ll be going towards a master’s degree or PhD and have written research work. Your area of specialization will often be far more detailed than with teaching.
Education support jobs
These jobs often help the work of other education workers, as well as the pupils themselves. They’re not quite as hands-on as teaching jobs, but do sometimes have some level of direct interaction:
- Educational experts: Professionals in this job work with parents, teachers, doctors, and students to help young people who are dealing with learning problems.
- Teaching lab workers: This job can be quite different and requires you to provide help to science teachers and tutors across schools, colleges, and other organizations.
- Librarian: As an academic librarian, you’ll spend time helping students find learning tools and information, as well as helping improve their study skills. Additionally, you’ll be responsible for database management and directing the management of books, papers, and other materials.
Technology jobs
The education technology field is growing fast at the moment. There are a variety of jobs available. Some focus more on creating teaching tools, while others focus on more professional aspects:
- Educational software engineer- This job is focused on the creation of apps and other tools that aid the learning process. It’s often a highly technical job that’s more focused on computing rather than teaching elements.
- Course planner- For those who are interested in creating curriculums and teaching/learning tools, this is the job for you. You’ll spend time building, planning, and revamping classes and making teaching instructions and guides.
Industry Scenario:
The nation’s private school count increased from 325,760 in 2018–19 to 335,844 in 2021–2022. India has a generational advantage since there is a substantial demand for education in the country, with over 580 million individuals between the ages of 5 and 24. Additionally, India will add 140 Mn middle-income and 21 Mn high-income families by 2030 which will drive the demand and rise of the Indian education sector.
The Government of India, through NEP, wants to increase the Gross Enrolment Ratio in higher education including professional education from 26.3% in 2018 to 50% by 2035. A total of 101 Indian schools qualified for Times Higher Education World University Rankings 2024. 10 Indian Institutes in the Top 500 in QS World University Rankings 2024.
Final thoughts:
The education industry is huge and varied. Despite the recent difficulties, growth continues, and there are always chances for skilled and enthusiastic workers. Whether you like the idea of teaching or would prefer a more professional or helpful role, there are plenty of job choices available.
