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Singapore Executive Education Market Outlook to 2023

By Type of Program (EMBA and MDP), By Funding of the Program MDPs (Company Sponsored and Self Funded) and EMBA (Self Funded, Partial Funding and Company Sponsored), By Duration MDP (1-7 days, 7-14 days and more than 14 days) and EMBA (up to 12 Months, 12-24 Months and More than 24 Months)

Region:Asia

Author(s):

Product Code:KR799

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Published on

May 2019

Total pages

101

Table of Content

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About the Report

About the Report

The report titled "Singapore Executive Education Market Outlook to 2023 - By Type of Program (EMBA and MDP), By Funding of the Program MDPs (Company Sponsored and Self Funded) and EMBA (Self Funded, Partial Funding and Company Sponsored), By Duration MDP (1-7 days, 7-14 days and more than 14 days) and EMBA (up to 12 Months, 12-24 Months and More than 24 Months)" provides a comprehensive analysis on the Executive Education (Management Development Programs and Executive MBA) industry in Singapore. The report covers introduction on Singapore Executive Education market, issues and challenges, trends and developments, SWOT Analysis, competitive landscape and government regulations. The report concludes with market projections and analyst recommendations highlighting the major opportunities and cautions.
 
Singapore Executive Education Market
Market Overview: Singapore Executive Education market is at a mature stage. Singapore Executive Education market in terms of revenue has increased at a positive CAGR during the period 2013-2018. This growth was supported by the increase in number of professionals who wish to pursue these courses while continuing their job, especially in the Strategy and Leadership, Digital Innovation, Cyber security in case of MDPs. In case of Executive MBA programs, there is an increase in the demand for industry specific programs. The market players catered to the needs of the clients by designing a specific curriculum. The customers in the market are driven by the brand value of the institution with duration of the course also being a major aspect in deciding the course and the college.
 

Singapore Executive Education Market Segmentation

By Type on Program (EMBA and MDP): EMBA programs have dominated the Singapore Executive Education Market in terms of generating revenue in the year 2018, this is largely due to increasing awareness among senior level executives of the need of programs and the salary hikes received by the alumni’s has amplified the demand for EMBA programs in the country. On the other hand, MDP programmes have accounted second highest share in the overall Executive Education market in Singapore.

By Funding of the MDP Programmes: In Singapore Executive Education market, majority of the programmes are company sponsored. This is largely due to most of the programs are of about 1-7 days and companies sponsor their employees to learn new and highly demanded courses. However, self funded MDP Programmes accounted a mere share in the market.

By Funding of the EMBA Programmes: Self funded programmes dominated the Singapore executive education market in terms of enrollments in EMBA courses in the year 2018. These programs are for a longer duration and are costly therefore they are least funded by the companies. However, it has been observed that the number of enrollments that are partially funded accounted for the second highest share in the market.

By Duration of MDPs: Courses with duration of 1-7 days contributed a major share in terms of number of programs in the year 2018. These courses are largely demanded by working professionals who cannot devote much time for explore the industry vertical. Courses with duration of 7-14 days and those of more than 14 days accounted for a mere share in the overall Singapore Executive MDP market.

By Duration of EMBA: The majority of the share has been accounted by the programmes that have duration of 12 to 24 months. As most of the students who opt to pursue an EMBA are already working within their field of choice, they choose not to leave their jobs in order to become a full-time student. Part-time student takes longer time in completing the EMBA over that of a full-time student. On the other hand, EMBA courses that have duration of upto 12 months accounted for second highest share and more than 24 months accounted for least share in the year 2018.
 

Competitive Landscape

The Singapore Executive Education market is highly concentrated. INSEAD is the market leader in EMBA market and NUS has the highest market share in the Executive MDP market in Singapore on the basis of revenue in 2018. Other major players on the basis of revenue are Ngee Ann Academy, Nanyang Business School, SMU, ESSEC Asia-Pacific, Management Institute of Singapore and others. In EMBA market, players compete on the basis of types of program offered (structured/customizable), faculty, fee structure, strategic alliances, number of electives offered, placements and alumni network. In MDP market, players compete on the basis of Technological Advancement and Robust Infrastructure, Strategic Alliance and Expertise Knowledge, course structure and faculty.
 

Singapore Executive Education Future Outlook

In future, it is anticipated that Singapore Executive Education market in terms of revenue will increase at a positive CAGR during the period 2018 – 2023(E). In Singapore, it is expected that the demand for 1-7 days courses will be further augmented largely due to increasing need of enhancing new skill set among professionals and as far as Executive MBA is concerned the demand for 12-24 months program will remain high. Moreover, increasing demand from multinational companies is likely to drive future demand for Executive education courses in Singapore. Evident salary hike after completion of these courses will further increase the demand among the new entrants in the corporate world
 

Key Topics Covered in the Report

  • Executive Summary
  • Research Methodology
  • Singapore Executive Education Market - Overview and Genesis
  • Singapore Executive Education Market Size
  • The Singapore Executive Education Market Segmentation (2018)
  • Student Profile in the Singapore Executive Education Market
  • Trends and developments in Singapore Executive Education Market
  • Issues and Challenges in the Singapore Executive Education Market
  • Global Synopsis of Executive MBA Programs
  • Government Regulations in Singapore Executive Education Market
  • SWOT Analysis Singapore Executive Education Market
  • Competitive Scenario in Singapore Executive Education Market
  • Market Share of Major Players in the Singapore Executive Education Market
  • Profile of Major Players in Singapore Executive MBA Market
  • Future Analysis of the Singapore Executive Education Market, 2019-2023E
  • Analyst Recommendations

Products

Products

Key Target Audience

  • B Schools
  • Online Education Consultancies
  • Ministry of Education/ Higher Education Authority
  • Online Education Aggregators
  • Investors in Private Equity Firm


Time Period Captured in the Report:

  • Historical Period: 2013-2018
  • Forecast Period: 2019-2023E


Companies

Major Institutes Covered

  • INSEAD
  • National University of Singapore
  • Ngee Ann Academy
  • NTU - Nanyang Business School
  • ESSEC Asia-Pacific (Singapore)
  • Singapore Management University
  • Management Development Institute of Singapore
  • Rutgers University - Singapore
  • Aalto Executive Education Academy (Aalto EE)
  • YMCA Education Centre- Singapore
  • Aventis School of Management
  • ERC Institute
  • FTMS Global Academy
  • Singapore University of Technology and Design
  • IMD Business School Singapore
  • PSB Academy

Table of Contents

Table of Contents

1. Executive Summary

2. Research Methodology

2.1. Market Definition
2.2. Abbreviations
2.3. Consolidated Research Approach
2.4. Variables (Dependent and Independent)
2.5. Correlation Matrix
2.6. Regression Matrix
2.7. Limitations

3. Market Overview and Genesis

3.1. Market Overview
3.2. Timeline of Major Institutes

4. Market Size

4.1. By Revenue, 2013-2018

5. Market Segmentation (2018)

5.1. By Type of Programmes (EMBA and MDP), 2018
5.2. By Funding of the MDP Programmes (Company Sponsored and Self Funded), 2018
5.3. By Funding of the EMBA Programmes (Self Funded, Partial Funding and Company Sponsored), 2018
5.4. By Duration of MDP Programmes (1-7 Days, 7-14 Days and More than 14 Days), 2018
5.5. By Duration of EMBA Programmes (upto 12 Months, 12-24 Months and More than 24 Months), 2018

6. Student Profile in Singapore Executive Education Market

6.1. By age (28-33 years, 34-39 years and above 39 years) and By Gender (Male and Female), 2018
6.2. By Average Work Experience (6-10years, 11-14years and more than 14 years), 2018
6.3. By Industries Represented (Engineering/Tech/IT, Business/Administration, Manufacturing/Construction, Financial Services, Health care and Others(Media, Retail, Consumer & Luxury Goods, Consulting, Law, Entrepreneurship, energy and Others), 2018

7. Global Synopsis of Executive Education Programs

7.1. Comparison of Top Executive MBA Providers in Singapore, 2018
7.2. Comparison of Top MDP Providers in Singapore, 2018
7.3. Top EMBA Colleges Worldwide on the Basis of QS Ranking, 2018
7.4. Top EMBA Colleges Worldwide on the Basis of The Economist Ranking, 2018
7.5. Top EMBA Colleges Worldwide on the Basis of Financial Times, 2018
7.6. Top EMBA Programs in APAC
7.7. Top EMBA Programs in US
7.8. Top Executive Education Colleges on the basis of Financial Times Ranking, 2018

8. Trends and Developments in Singapore Executive Education Market

8.1. Trends in Singapore MDP Market
8.2. Trends in Singapore Executive MBA Market

9. Issues and Challenges in the Singapore Executive Education Market

9.1. Issues and Challenges in Singapore MDP Market
9.2. Issues and Challenges in Singapore EMBA Market

10. Government Regulations in Singapore Executive Education Market

11. SWOT Analysis for Singapore Executive Education Market

12. Decision Making Parameters for Students

12.1. For EMBA
12.2 For MDP

13. Competitive Landscape in Singapore Executive Education Market

13.1. Competitive Scenario (Competing Factors, Major Players and Competition Structure)
13.2. Market Share of Major Players (EMBA) – By Revenue, 2018
13.3. Market Share of Major Players (EMBA) – By Number of Courses, 2018
13.4. Market Share of Major Players (EMBA) – By Number of Enrollments, 2018
13.5. Market Share of Major Players in Singapore (MDP) – By Revenue, 2018
13.6. Market Share of Major Players (MDP) – By Number of Courses, 2018
13.7. Market Share of Major Players (MDP) – By Number of Enrollments, 2018

14. Profile of Major Players in Singapore Executive MBA Market

14.1. INSEAD
14.2. National University of Singapore
14.3. Ngee Ann Academy
14.4. NTU - Nanyang Business School
14.5. ESSEC Asia-Pacific (Singapore)
14.6. Singapore Management University

15. Profile of Major Players in Singapore MDP Market

15.1. National University of Singapore
15.2. INSEAD
15.3. Management Development Institute of Singapore
15.4. NTU - Nanyang Business School
15.5. Others (Singapore Management University and Aventis School of Management)

16. Singapore Executive Education Market Future Outlook and Projections, 2019-2023E

16.1. By Revenue, 2019-2023E
16.2. By Type of Programmes, 2023E

17. Singapore Executive Education Market - Analyst Recommendations

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