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UK Executive Education (Management Development Programs) Enrolment is Expected to Grow at a CAGR of 7.8% in Next 5 Years Till 2023: Ken Research

By   /  May 8, 2019  /  Comments Off on UK Executive Education (Management Development Programs) Enrolment is Expected to Grow at a CAGR of 7.8% in Next 5 Years Till 2023: Ken Research

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Gurugram: Increasing Demand for Customized Courses: It is anticipated that both public and private universities will introduce more courses for entry level candidates in order to expand the student base and cater to a wider reach. In addition to this, more courses in the field of artificial intelligence/ machine learning/ deep technologies are to be introduced to accommodate the demand of the industries. Moreover, Strategy related courses contributed to the highest share of 20% in terms of number of courses in 2018 and is expected to contribute 22% in terms of total number of courses by the year ending 2023E.

Increasing Demand for Longer Duration Courses: Demand for courses of 10+ day’s is expected to grow among the enrollees at a positive CAGR of 10.7% in terms of enrollment during the period 2018-2023E. Longer duration courses aid in better understanding of a range of topics to get a career boost and also gives sufficient time for the enrollees to understand and implement the course in the daily life. It is expected that short courses (1 day) will experience a limited growth at a CAGR of 4.2% in terms of enrollments during the period 2018-2023E, among other duration courses due to cannibalization.

Analysts at Ken Research in their latest publication “UK Executive Education Market Outlook to 2023 – By Type of Management Development Programs (Finance, Strategy, Leadership, Ethics and others), By Duration of the Course (1 day, 1-2 days, 2-3 days, 3-5 days, 5-10 days and 10+ days) and By Type of Universities (Private and Public)” believed that the Executive MDP market in UK will increase due to introduction of hybrid programs which will not only provide easy accessibility but also content rich curriculum and interactive virtual classroom lectures. The market is expected to register a positive CAGR of 11.8% in terms of revenue during the forecast period 2018-2023E.

Key Segments Covered:

By Type of Courses

Finance

Strategy

Marketing and Supply Chain Management

Project Management

Ethics, Behavior and Governance

Leadership

Others (Healthcare, Lean Sigma, General Education and many more)

By Duration of Course

1 day

1-2 days

2-3 days

3-5 days

5-10 days

10 + days

By Type of Colleges

Private College

Public College

Key Target Audience

B Schools

Online Education Consultancies

Ministry of Education/ Higher Education Authority

Online Education Aggregators

Private Equity Firm

Time Period Captured in the Report:

Historical Period: 2013-2018

Forecast Period: 2019-2023E

Institutes Covered:

London Business School, University of Oxford, University of Cambridge

Cranfield University, London School of Economics and Political Science

The University of Warwick, University of Bath, The University of Manchester

City, University of London, University of Edinburgh, UCL London

Middlesex University, Coventry University, University of Bristol

University of Bedforshire, Leeds Beckett University, The University of Salford

University of Cumbria, University of South Wales, Falmouth University

New Buckinghamshire University, Nottingham Trent University

The University of Westminster, University of Essex, Cardiff Metropolitian

University of Gloucestershire, King’s College London, University of York

University of Southampton, Cardiff University, Oxford Brookes University

Bangor University, London Metropolitan University, University of Kent

University of Northumbria at Newcastle, University of Hertfordshire

Edge Hill University, The University of the West of Scotland

Newcastle University, The University of Huddersfield

Queen Margaret University, Edinburgh

GlyndAur University, University of Derby

Robert Gordon University, The University of Portsmouth

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