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
GURUGRAM, India, May 1, 2019 /PRNewswire/ --
Key Findings
- Average fee of MDP is anticipated to increase at a CAGR 3.8% during the same period.
- The Executive education industry in UK is expected to witness the increase in number of courses primarily strategy related courses and customized programmes catering to the needs of the corporate alliances.
- Affordable fee structure and efficient course structure are likely to be the key focus areas of UK Executive MDP market.
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
Key Topics Covered in the Report
- Introduction of UK Executive MDP Market
- Business Cycle in UK Executive MDP Market
- Timeline of Major Institutes in UK Executive MDP Market
- UK Executive MDP Market Size by Revenue (2013-2018)
- UK Executive MDP Market Segmentation
- UK Executive MDP Market Segmentation by Types of Courses
- UK Executive MDP Market by Duration of Course
- UK Executive MDP Market by Types of Colleges
- Trends and Developments in the UK Executive MDP Market
- Issues and Challenges in the UK Executive MDP Market
- Government Regulations in UK Executive MDP Market
- SWOT Analysis UK Executive MDP Market
- Competitive Scenario in UK Executive MDP Market
- Company Profiles of Major Players in the Market
- Decision Making Parameters in UK Executive MDP market.
- UK Executive MDP Market Future Outlook and Projections (2019-2023)
- Analyst Recommendations in UK Executive MDP Market
For more information, refer to below link:
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Contact Us:
Ankur Gupta, Head Marketing
Ken Research Private Limited
Ankur@kenresearch.com
+91-9015378249
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