Investigation of Business Strategies in Higher Education Service Model of Selected Private Universities in India
International Journal of Computational Research and Development (IJCRD), 3(1), 2018, 77-100
31 Pages Posted: 17 Apr 2018
Date Written: March 1, 2018
Many Countries in the globe have adopted private University system as a part of their higher education offering strategy. India, being second in the number of private universities in the World, has given exactly 50 % shares to privately governed Universities (Private & Deemed to be universities together) and remaining 50% are Govt. Funded universities (Central & State Govt. together). Presently in India, there are 264 private universities spread over 22 states. Due to non-availability of any financial support from the state and central governments, private universities are trying to sustain through their only strategy of service differentiation through 21st century curriculum and industry integrated programme design. In this paper, we have studied the business strategies of some of the private universities in India which include Admission Strategies, Growth strategies, Innovative strategies, Research Strategies, Collaboration Strategies, Placement Strategies, and Technology adoption strategies to add competitive values to services provided to the stakeholders. The paper also suggests some recommendations based on the observations and intuition to contribute to the business strategies to improve the performance and brand image of private universities.
Keywords: Private Universities, Business Strategies, Admission Strategies, Growth Strategies, Research Strategies, Collaboration Strategies, Placement Strategies, Technology Adoption Strategies
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