Manipal Global Education Services (MGES) is drawing up plans to set up additional campuses outside India and offer vocational skills, corporate training and development programmes to foreign firms.
Anand Sudarshan, chief executive and managing director, said MGES would increase both the number of campuses outside India (from the existing five) and the intake of students.
The company is keen to set up its sixth international campus in Sri Lanka in the next 12 months. “We will look at any country having an English-based education platform, a huge student population and where the regulatory system is open and inviting,” said Sudarshan.
The campus in Kuala Lumpur, Malaysia, would grow to an 8,000-student institution in the next eight years. The collective intake at the other four campuses, which is about 7,000, will increase by 10% in medical colleges in Melaka and Kuala Lumpur in Malaysia, Nepal and Antigua in the Caribbean, and by 25% in the multi-disciplinary Dubai campus every year. The global campuses account for about 65% of the Rs 1,100 crore company’s revenues.
According to Narayan Ramaswamy, partner and head, education practice at KPMG, the SAARC region, the Middle East, South East Asia, Africa and Latin America are potential markets for Indian education firms. “They are emerging economies with massive youth population.”
Sudarshan added that courses like law, geo-political sciences, advanced material sciences, nanotechnology and policy will be started at some of MGES’s international campuses.
According to Ramaswamy, global operations will help in increasing the reach of the brand and in facilitating student and faculty exchange programmes.
MGES will start engaging with companies in the regions where its campuses are based, said Sudarshan. The focus will be on banking and financial services — domains where MGES is already engaged in.
Manipal has alliances with ICICI Bank through the ICICI Manipal Academy of Banking and Finance, with the Bank of Baroda through the Baroda-Manipal School of Banking, and with Axis Bank, to train fresh graduates to take up banking-specific roles.
It currently trains about 3,500 fresh graduates annually through these alliances. It also trains about 20,000 fresh graduates per year in vocational education designed to suit jobs in retail, tourism, hospitality and other allied sectors.
“We will look at such training opportunities abroad. The numbers will depend on the requirements in the regions,” said Sudarshan.