Education of Business or Business of Education

If we look around for admitting any child into the school today, we really start pondering over the title of this post. Education of Business results into a person going into a business school and becoming an MBA. But entering into business of education promises big money and is often referred to as “Big Moolah” in the corporate lingo.

Education has become the most money making industry in our country in recent times. Well everything was fine till we were in school but suddenly the bee of “profit motive” has stung the erstwhile “not for profit” schools across the country. Capitalism at its worst is depicted in hospitals and schools pan India.

Every promoter or a big business group who is already very big is forcing the administration of the school to dig the wallets of parents in any pretext. Whether it is school uniform, bags, shoes, tiffins, projects, buses and the list goes on.

Disregarding the economic conditions of parents, school is becoming number one investment in every parent’s life. Sometimes it makes you wonder whether these school promoters have conspired with the family planning commission of the country to keep the population under check.

I may sound like a socialist in my argument when I talk about investment in education by the parents disregarding their economic conditions. However, I don’t intend to be one. I have a clear entrepreneurial perspective to the whole story. Look at it this way, when parents want their child to go to the best available school, we realize that supply of good schools are much lesser then demand for them. So the opportunity is not just huge, it is gigantic. Naturally all big business houses are ready to pounce upon the opportunity.

Well the dilemma will continue to exist for the time to come. Even when we look at the west, government intervention does do its own bit. But with schools becoming market driven, I am so sure that they will have to introduce “money” as a subject of discussion in the schools and shed their image of “money being the root of all evil”.

Vishal Thakkar

www.brianna.co.in

vishal@brianna.co.in

Corporate Education