This chapter looks for the education implementation in Singapore and development of many private education groups which made economic development in Singapore, the SWOT analysis for education in Singapore is analysis is viewed.
The government has made the wonderful growth in education by creating many government aided and private institution for world wide education. Compulsory Educations (CE) for all children s who are above the age four. This pays way for quality education for Singapore. The Singapore government accepted CE in 1999.Apart from education the schools provide different curricular activities for the additional skills. The universal educations to primary and secondary levels. CE looked crucial and value for Singapore circumstance. Among 45, Singapore ranked 4th in education system (Progress in international reading literacy study, 2006). MOE has made tremendous process in education system.
The Singapore education is most secured country for quality education around the world, the government (MOE) has introduced many new structured for education system and got strong reputation. In 2010 the annual budget for education $9.7 billion, over 350 schools in primary, secondary and post secondary education. For quality educational system Singapore has been ranked 1st.The global partnership with the collaboration of universities from worldwide are accepted by MOE. Singapore known for worlds best performing school system.The education system in Singapore s are adopted by the MOE that leads to the Singapore to world class education.(MOE)
The vigorous tertiary education will attract international students to obtain jobs and wealth. Top institutes like NUS and NTU has founded effective in regional reputation(eg; NUS was rated as one of top 5 multi disciplinary university in Asia.This two institution has the capability of attracting the international students from overseas. This indicates the big pool universities which might increase Singapore contribution for international students market. Even so the attract of full fee giving international students alone in the undergraduate and professional postgraduate condition (eg: MBA Programmers) only not in research oriented postgraduate programmes. The world class universities that could hold recession for sporting out world class R&D, this assist in branding Singapore corresponds a chancellor education hub. The present universities NUS, NTU and SMU these are the fundamental university section, which creates Singapore s veritable talent line for regional schools and offering good international education. The organization of recent educational institution and companies has given 22,000 new jobs , in this 13,000 aspires teaching related and 9,000 aspires administrative, managerial.
The investment in education of Singapore curves set up with years of schooling, with return to tertiary education mostly higher than non tertiary education. The architecture of Singapore s economy builds high value to knowledge activities. The private returns to education ranges of 6-10%. Proposed average of private rate to return higher education (higher than secondary) is doubled the rate.19% to private on versus 11% for social rate return in higher education. Polytechnic education has accomplished rate of return than secondary education, the rate of return to tertiary education (polytechnic and universities) calculating time series information declined for past 2o years. Tertiary education for completed universities degree increases the wage rate by 18% over all that is diploma and above. The rates of return university arose in 2004 while comparing 2001 except postgraduate level. The rate of return in post graduate student at master level has risen varies from 19.5% in 2001 to 23.1% in 2004.Doctorate level increased for first degree and masters degree. The return university has increased broadly in 2004 compared to 2001.Singapore Standard educational classification (SSEC), 2000.In polytechnic and university level they achieved award in highest reservation.
By the CPE (Council for private education) has regulated the private education sectors gifted with legislative power. The local private education industry helps the capacity for development. The CPE made a role in developing private education industries, the approach of holistic increase the overall quality for private education players. Among private education institution the industrial leaders and associations has created strong culture responsibility. In Dec 2009 private education act was visualized to registration framework for the overseas of private education sectors. The trusted and well regarded private education sector, the raise of student welfare services has made private education sectors increases for the international students. The ICPE (Integrity, Care, Professionalism and Excellence) this should be undertaken by staffs in CPE for the overall development of students. The council has developed two schemes as ERF(Enhanced Registration Framework) and quality assurance scheme known as EduTrust.The ERF scheme undertakes the private education institution providing courses in degree and diplomas as full time for leading award certification, by joining MOE the private education institution main stream schools offering fulltime predatory courses.EduTrust scheme has mentioned quality in certificate for the private education institution.The famous private education sectors have the international affiliated universities to the Singapore institution. Education aims to work with industry leader and association to create a strong culture for responsibility among private education institutions.
International Students can have good education quality.Cost competitive is fair for students to get world class education quality when comparing UK, USA and Australia.Asia pacific regional hub for tertiary institutions.Inter cross culture applicable for international students in language.Region for top countries to international students especially China and India.Place for safe education to students from different countries.Apart from education the extracurricular activities attracted more international students.
The lack of quality in language pronunciation by professors and teachers.Accommodation shortage is affordable.The private agency quality is assurable for students.Student pass is complicated to private institution and schools.By attracting international students the private sectors has gained, so the lack of quality in education
In higher education the global market is around US$30billonThe students from Asia is 45% by top source countryThere is demand in growth to Asian students for quality in education.The GDP growth per capita(%) in 2001-2006 is 2.4Public spending on education(%GDP)in 2001-2006 is 3.7The tertiary school enrolment(%gross)in 2001-2006 is 29.8
There is an opportunities to international students to choose other countries.In Singapore the international students from private institution don t have opportunities that lowers the value educationThe government concerted marketing of host countries to attract international students (eg: US department of state).Quality overseas institution perceived here (US, UH and Canada).Invention of more number of IT companies
The Singapore government is improving their business in education and there is a demand for quality in education. Many private institutions are demolishing their sectors in education field with offering degree certificates valid equal to world class education. Singapore is best for higher education in world because more numbers of new arrival of foreign private sectors so the quality of higher education becoming low. The Singapore government leading their higher education in quantity manner. In June 2o1o the Singapore government MOE (ministry of education) announced an S$850million (us$628) contract for the standard ict operating environment (soe) for all government and government aided schools
The raffles education corporation steped in singapore in 1990 this corporation has achieved about 17 colleges transversely the Asia pacific- Singapore, Malaysia, india,Australia,china,hong kong,Mongolia and Thailand. In 2004 raffles entered their business management education sectors with acquiring of Hartford,the raffles made in two group of college brands as RafflesDesign and Hartford institutes.the raffles often concentrate in design courses besides this they offer diplomas and degrees.the degree certified by universities of technology and middlesex university for masters also.The education market in Singapore is small incomparison to the regional market and it is important for raffles education corporation to develop its footprint in the region to take advantage of the growing demand for education in Singapore. Raffles education corporation has made their growing demand for education,they are the best private education organization for Singapore.many awards won by their students in international competitions in different categories in curriculum activities.they are the one of developed education corporation in Singapore
In 1993 the stansfeild school of business had began with offering London university for external degree programmes it include the Singapore institute of commerce at now.stansfield role in English programme to equip the students from the school with skilled English so the students can do their degree programme at Singapore institute of commerce.In Singapore 40 student from china are studying at the SIC.The stansfield is getting bigger in asia at market level .This group build up their business schools in india,china and vietnam this is because the students from asia can easily move between these different colleges.This institution structure is strong and so the students can do their first year in china,their second in india and their third in Singapore. This group needs to provide more than degree so add value by offering more overseas exposure the Asians pacific students prefer Singapore for tertiary education by this group.
Like Singapore, our programmes are geared towards helping children who graduate from overseas kindergartens to be well prepared and confident when they enter into countries formal school system. The Crestar education group focus on younger children s to different curriculum activities. They are providing the preschool education, infant care and student improvement services. Besides this kinder land runs ELFA preschool and child care centre. These three brands, kinder land, ELFA and the Crestar learning all have overseas at now. The Crestar other preschool brand is ELFA, which has quality for learning to all, the school accents on skill basis of Chinese language which establish in2000,this group are more than 20 centre s in china and Singapore. The centre s gives support to educational programmes such teachings like how to use abacus, painting or creative writing.107 centre s with half already based outside Singapore. CEG (Crestar Education Group) s strength lies in its capability to offer various preschool education service in curriculum development, teacher training, centre operation, franching and supplementary enrichment programmes The group has sustained the maximum growth level to world market.
These three institution are top most ranking in world class universities(WCU).The WCU is a recess centre s to execute the world class R&D carry over knowledge to industry and chancellor to educational hub. NUS (National University Of Singapore) and NTU (Nan yang Technological University), the institution is host and competitive universities in Singapore. These two universities made their landmark for quality education. These two universities efforts in education have made Singapore s education system democratic in world market. The NTU and NSU growth rate is (CAGR) 8.3% over 2000-2009.The MOE adopts the education systems to these universities. The government has decided to grant NUS and NTU independently has a ability by incorporating profit companies same to SMU is greater run.Both NTU and NUS is one of the best way for spending public fund in a mode of efficient has bond for principle greater accountability.
NUS has been ranked 18th among 200 universities in world.NUS has renowned in engineering and IT universities placed 9th in the survey of faculty ranking, famous universities. They had 14 faculties and schools offering leading courses first and higher degrees. They are one of best institution for the international students to pursue their diploma and degrees in Singapore
NTU in 2004 by the economist intelligence unit they have rated best in the world for MBA students by the member economist group ranking.NTU was among world s top 100 MBA schools, for part time .This is a finest institution for doing polytechnic and other diploma.NTU made their ranking 9th place out of 39 universities in science and technology schools overall fine MBA schools 2000 category in Asia . Four colleges and two autonomy institution is organized by NTU the colleges provide undergraduate and post graduate
SMU (Singapore management universities) is undertaken by the private owned institution formed as a mixture with Wharton schools of business in universities of Pennsylvania .The University has junctions for institution and schools. The business schools, post graduates and also double degree courses with law are the familiar to this institution. The under graduate and post graduate are widely preferred by the students. The university building up their structure for attracting international students. The degree courses and the extracurricular activities paying as good education systems. The SMU is private institution which is adopted by the MOE.The famous Edu Trust certificate has being provided by these institutions. These made the quality education good in Singapore. .NTU, NSU and SMU has the debate formats for having their own thoughts to be shared in the debate conference made by this group