Thursday, May 24, 2018

Saudi Arabia Education Industry is Driven by Rising Investments, Number of Students Opting for Private Tuitions and Growing Scholarship Programs in the Kingdom: Ken Research

Rising fee of education institutes, increasing adoption of learning management systems by the growing corporate and education sector, use of modern technology and private players entering the space are expected to drive Saudi Arabia Education Industry in the future.

The report titled Saudi Arabia Education Industry Outlook to 2022 - by Higher Education, K-12 Education, E-Learning, Vocational Training and Test-Preparation Education by Ken Research suggests that more corporate houses adopting e-learning and increasing number of women being educating in the country will be key catalyst in future.

Poor quality of education by the local schools in the Kingdom has encouraged the government to allocate USD 53.3 billion for education and training during its 2017 budget. Relaxation of regulations pertaining to investments in the country’s education sector has led to the entrance of regional and global players in the space. The Ministry of Education of the KSA is making constant efforts to invite private players, who can invest in building schools across the country. GEMS Education, a Dubai based market player, having international schools all across the world, entered the Kingdom 2010. Other international players from the USA and the UK also came in contract with the KSA authorities to cater more number of students with their best in-class education facilities.

Providing students with private tuition has become an increasing trend among many teachers in Saudi Arabia, which has led several teachers to skim through syllabus and not providing comprehensive coverage to the students. Additionally, the teachers tend to charge extra tuition sessions and demand high charges for extra coaching they provide. In accordance with leading English language daily newspaper published in Jeddah, Saudi Gazette, Saudi families were observed to spent on private tutoring out of which Riyadh region spent the highest amount in the year 2017. The Ministry of Education, Saudi Arabia has set that it is against their laws for teachers to offer students with private coaching and has banned random advertisements relating to private tuition. The ban is issued because the government is unable to ensure the quality and level of the teacher’s educational background.
In order to encourage higher education in the Kingdom, the Ministry of Higher Education offers various scholarship programs, wherein the entire or a part of fee is paid to the university by the government on behalf of the students. Completion of schooling and good academic background makes a candidate eligible to become the applicant. The increasing inflow of students to the universities of Saudi Arabia has led to a rise in the number of scholarships being offered to the most suitable candidates. However, scholarships offered through KASP are only available to students attending academic institutions that are approved by the Saudi government. American colleges and universities must be on the Saudi Ministry of Higher Education’s approved institutions list in order to be eligible to accept scholarship students from the Kingdom.

For more information on the research report, refer to below link:
https://www.kenresearch.com/education-and-recruitment/education/saudi-arabia-education-market/149483-99.html

Related Reports by Ken Research:
https://www.kenresearch.com/education-and-recruitment/education/uae-education-market-research-report/620-99.html
The UAE education market will grow at a considerable CAGR rate thus exceeding USD 6.7 billion by 2018 due to the increasing number of students and increase in tuition fees.

https://www.kenresearch.com/education-and-recruitment/education/india-education-industry/272-99.html
The education market in India is one of the largest education systems globally which has registered a robust growth rate over the period.

https://www.kenresearch.com/education-and-recruitment/education/south-africa-education-market-research-report/228-99.html
The report provides a comprehensive analysis on various aspects such as market size of pre-primary, primary, secondary and higher education sector on the basis of learners, educators.

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