How Australia Executive Education Market is Positioned?
Australia Executive Education Market witnessed growth of around CAGR ~% in the review period (2014-19) due to the universities offering blended learning and online modules, launch of innovative courses, rise in the number of working professionals and other factors.
The market also observed that there has been stability in the number of universities offering executive courses over the last few decades and have continued to increase their fees by ~% on an average each year. The market was dominated by the executive master courses with around ~% of the revenue generated through it. Though in terms of enrollments, MDP had a larger market share of around ~% in 2019. Among, Executive Masters, Executive MBA constituted a larger revenue share of around ~% in 2019. This dominance is due to the high demand of business administration related executive courses in the country. There has been a rise in the preference of working professionals towards Online and Blended learning Management programs since it gives them liberty to grow without hampering their work regime. Advancement in AI, Improvement in IT Security and Implementation of Cloud Based Solutions Increased adoption of online executive and MDP Programs. There has been rise in the demand of business management and data analytics courses during the review period since courses offer exciting opportunities for students and professionals with strong quantitative skills which can help them to leverage data to drive decision making for a running business or existing organizations.
Australia executive Education Market Segmentation
By Type of Executive Education (Executive Masters and MDP): Executive Masters dominated the executive education market in Australia due to higher fees being charged for executive masters courses. Therefore, despite of fewer enrollments in such courses, executive masters dominate the market due to higher revenue being generated by it.
By Type of Executive Masters (Executive MBA and Executive Non MBA): Executive MBA dominated the executive masters market in Australia since most of the people prefer such courses in order to achieve senior management or leadership roles in organizations. Also, the fee for Executive MBA is much higher than the Executive Non MBA courses.
By Mode of Delivery (Online, Offline and Blended): Most of the Executive masters are delivered offline and hence, offline is the most preferred delivery mode by most of the universities in Australia. Online mode has just started gaining popularity and hence, is the second most preferred mode of delivery.
By Element of Executive Masters (Structured and Customized): Most of the Executive Masters are structured since the electives are only provided in few of Executive MBA and usually there are no electives in Executive Non MBA programs. Therefore, structured executive masters dominated the market in terms of number of programs.
By Type of Executive Non MBA Programs: Among the Executive Non MBA Programs, Leadership Programs dominated the market since they are high in demand in Australia. After Leadership, Health related executive masters are the most provided by the universities in Australia.
By duration of MDP Programs: Most of the MDP courses were of duration around 0-1 days and hence, they dominated the MDP market in Australia in terms of number of programs on the basis of duration.
What Is The Competition Scenario In Australia Executive Education Market?
Competition within the Australia Executive Education market was observed to be moderately fragmented along with the presence of number of Universities. Major competing parameters include Courses Provided, QS Ranking, Student to Teacher Ratio, Mode of Delivery, Faculty Experience Courses Provided, QS Ranking and Student to Teacher Ratio, Mode of Delivery, faculty experience and Infrastructural facilities.
Australia Executive Education Market Future Outlook and Projections
Australia Executive Education market in anticipated to grow at a positive CAGR of around ~% during the forecast period (2019-2024E) due to the emergence of online education, rise in working population, launch of women only oriented programs, evolvement of education aggregators, emergence of new market entrants such as online providers and management consultancy firms and growing popularity of Blended Learning programs. Australia MDP Market is estimated to dominate in the executive education market in terms of enrollments with a market share of around ~% in 2024E. This dominance is due to the fact that Australians prefer short term courses in order to reskill or upskill themselves. Executive MBA will be leading in the executive masters market in Australia due to a higher fees being charged by it and also, preference towards business related courses in the country.
Key Segments Covered:-
By Type of Executive Education:
Executive Masters
Revenue
Number of enrolments
Number of Programs
MDP
Revenue
Number of enrolments
Number of Programs
By Type of Executive Masters
Executive MBA
Revenue
Number of Programs
Number of enrolments
Executive Non MBA
Revenue
Number of Programs
Number of enrolments
Executive Masters Program By Mode Of Delivery
Offline
Online
Blended
By Element of Executive Masters
Structured
Customized
Executive Non MBA Programs by Type
Leadership
Health
Project Management
Public Administration
Accounting and Others
Key Target Audience:-
Australian Universities
Australian Education Aggregators
Global Education Aggregators
Management Consultancy Firms
Executive Education Providers
Education Authorities
Education Consultants
Time Period Captured in the Report:-
Historical Period – 2014-2019
Forecast Period – 2019-2024E
Universities Covered:-
Bond University
UNSW
University of South Australia
University of Melbourne
Torrens University
University of Sydney
Monash University
University of Technology Sydney
Macquarie University
Curtin University
University of Western Australia
Murdoch University
La Trobe University
Queensland university of Technology
Deakin University
For more information, refer to below link:-
Australia Executive Education Market
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
