Private Equity in Higher Education Sector in India- Need of the Hour!

  • Meenal Sharma Amity University, Haryana
  • Gurendra Nath Bharadwaj NIIT University, Neemrana
  • Shrey Kumar NIIT University.
Keywords: Private Equity, General Partner, Limited Partner. Portfolio Company, Technical Higher Education Institution and Buyout

Abstract

Setting up of an educational institution is not easy and requires a lot of regulatory formalities to be completed before opening and during its operations. If it is shut down within initial phase it is painful as well as legally difficult to close it, especially in India. It has been observed that a significant number of academic institutions of technical higher education have been shut down by the promoters due to lack of financial viability, lack of knowledge of about the business, poor management, and other social factors. The present study is an attempt to find out the reasons of mass failure of many technical higher education institutions and to suggest a unique financing model in order to ensure the quality of education and long-term benefit for the promoters by maintaining financial discipline.

Author Biographies

Meenal Sharma, Amity University, Haryana
Dr. Meenal SharmaAssociate Professor and Program Co-ordinator, Amity School of Economics,Member, Centre for BRICS Studies, Amity University
Gurendra Nath Bharadwaj, NIIT University, Neemrana
Associate Professor and Deputy Registrar (Academic Operations) at NIIT University, Neemrana (RJ), INDIA.
Shrey Kumar, NIIT University.
He is working as a Research Associate with Dr. Gurendra Nath Bhardwaj at NIIT University 

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Published
08-11-2018
How to Cite
Sharma, M., Bharadwaj, G., & Kumar, S. (2018). Private Equity in Higher Education Sector in India- Need of the Hour!. Journal of Global Economy, 14(1), 40-57. Retrieved from http://www.rcssindia.org/jge/index.php/jge/article/view/482
Section
Articles