Business Opportunities in Singapore
Education
Services
The Asia-Pacific market is the fastest-growing
source market for international students and Singapore is well-positioned to tap
on this growth. EDB has engaged both the public and private education sectors
in a bid to make Singapore a 'Global Schoolhouse' - a world-class education hub
internationally renowned for its intellectual capital and creative energy.Singapore
is already home to a global e-learning institute - Universitas 21 Global - and
11 leading international universities. These are among the best in their respective
fields, with strong education and research traditions spanning diverse industries
around the world.
INSEAD saw the need to go ahead with its Phase 2 expansion,
two years ahead of schedule. The University of Chicago Graduate Business School
set up a permanent campus here, the first leading US business school to do so
in Asia. Universitas 21 Global - a consortium of 16 well-known universities and
Thomson Learning - also picked Singapore to establish its headquarters, and launch
its global e-MBA programme.
Shanghai Jiao Tong University was the
first Chinese university, and the first from Asia, to establish itself here. Other
well-known names include Georgia Institute of Technology, Johns Hopkins University,
Massachusetts Institute of Technology, Technical University of Munich, Technical
University of Eindhoven, Stanford University and University of Pennsylvania's
Wharton School of Business. These institutes will be complemented
by other schools in Singapore, public and private. They will cater to students
from various age groups and with various interests. Without
a doubt, Singapore is an attractive location for education service providers and
also for students. To ensure consistent high quality, the Singapore Quality Class
for Private Education Organisations (SQC for PEOs), a trustmark of quality, has
been put in place. An accreditation system for private institutions, which can
serve as a guide for the quality of the institutions, is also being developed. With
so many initiatives to support the development of education services, and Singapore's
reputation for education quality, you know you are in good hands when you become
part of the education industry.
There are many investment opportunities
available in the following areas: - Tertiary education
- Private
commercial and specialty schools
- Corporate training
- Preparatory
and boarding schools
- E-learning and supplementary
services
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