Education & Training Services
Brief Excerpt from Industry Overview Chapter:
Companies in this industry include business and secretarial schools; technical and trade schools; and providers of tutoring, exam preparation, and other instruction. Major companies include Adtalem Global Education, Apollo Education Group, Career Education Corporation (CEC), K12, and Kaplan (all based in the US); as well as New Oriental Education & Technology Group (China), NIIT Limited (India), and Benesse Corporation (Japan).
The education and training services industry is in a transitional phase, as tighter government regulation of for-profit career schools has forced several institutions to close in recent years. At the same time, other career and technical education providers have benefited from growing support for vocational training from high schools, businesses, and government grant programs.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major services include technical and trade schools (about 25% of industry revenue) and business schools and computer training (also about 25%). Technical and trade schools include cosmetology, flight, real estate, bartending, apprenticeship, and professional development institutions. Business and computer training programs offer secretarial, court reporting, programming, and software courses. Other services include fine arts schools, sports and recreation instruction, language schools, exam preparation and tutoring, and driving schools.
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