Pest analysis for tertiary education

Education has played a pivotal role in the steady development of the region, and levels of participation in higher education have increased significantly over the past 40 years. In terms of soundness and robustness of the overall education system, the standout is certainly Cuba, followed by Chile and Costa Rica.

Knowledge also evolves as time goes by. It also helps them to carry out a comprehensive analysis of opportunities and threats for quality operational planning in the educational environment.

Information technology is offering new forms of interactive education that blossoms every day to a system that offers everyone an opportunity to learn just about anything, anywhere and at any time. Therefore, relevant stakeholders need to invest enough money in technology and in construction of quality infrastructure.

The common characteristic for these countries has been long-term expenditure by government in education and efforts to strengthen the various layers of their education systems. Although Mexico has also undertaken a number of economic and social reforms over the past three decades, it is behind in educational attainment at both the secondary and tertiary levels.

In summary, countries that present good opportunities for tertiary education development are Brazil and Mexico, on the basis of identified need due to population growth or economic renewal.

An important consideration to bear in mind is that not all Latin American countries have opened their education sectors to trade liberalisation; furthermore, there are various degrees of relative openness in terms of trade and business regulation in Latin America. Central American countries, with the exception of Costa Rica, are yet to undergo the transformative process that should put them in a competitive position in the region.

In analysing the Latin American emerging markets for tertiary education, a group of countries stands out from the rest in the region as these countries are performing relatively well on a number of indicators, and their higher education national systems are more advanced.

While there is considerable private provision of tertiary education, foreign market access is not necessarily open in some countries. PESTEL analysis for education industry is a tool that helps the management, staff and governors to analyze school environment and the way in which it can affect its future.

Therefore, for stakeholders in the education industrythere is need to assess the environment as discussed in this PESTEL analysis of education industry.

On a dimension-by-dimension basis, the countries that stand out positively are: Argentina is characterised by having the highest GER in tertiary education and the highest proportion of the population having completed higher education.

The educational reforms being promoted by the government are aimed at further deregulating the sector. Mexico ought to be in this group, but it is lagging on a number of indicators, notably gross enrolment ratio GER for tertiary education as well as the proportion of the population who have completed secondary and tertiary education.

It is likely that the demand for skills development and upskilling its population will remain strong for some years, creating considerable opportunities for student and staff mobility, international collaboration and institutional partnership.

Ideally, foreign universities would be best placed to partner with local institutions as that should contribute to improving and strengthening the quality of national systems.

Differences in opportunities may exist between capital cities and the most populous urban centres, as they have various levels of development. One important characteristic of Mexico is that it has an internationally mobile population, an important contributing factor for international collaboration.

In part this is due to the fact that living conditions are improving in many Latin American countries, which results in a greater number of people in the population being able to afford an education abroad. In addition, several governments in the region are establishing scholarships for people to study abroad in order to boost economic growth and expand the skills base of their populations.

While Brazil has a larger population base and economic growth above the world average, it is confronted with a number of challenges on several fronts. This will help to ensure that learning takes place smoothly and that students stay knowledgeable for a better future.

Chile commenced a process of liberalisation in the s. For example, Argentina shows a greater level of international collaboration when it comes to publishing papers compared to Brazil, but it is in Brazil where there are more journal papers published as well as a greater number of patent applications.

Chile has embarked on further educational reforms that are strongly opposed by students.

These middle countries are Peru, Ecuador, Uruguay and Venezuela, which could be considered over the medium to long term as emerging markets for tertiary education. Another group of countries is behind the standouts of the region, but these countries are relatively small in terms of population and economy, or their national systems are still undergoing transformation.

Its higher education system is unlikely to grow further unless reforms are undertaken to strengthen the quality of its institutions. Individual countries On a country-by-country basis, some observations are pertinent: In the area of university governance, finance and administration would be of importance for some institutions and national systems, while for others their focus of attention would be on lifting academic standards and strengthening quality systems.

The growth is likely to come particularly from those who are seeking postgraduate qualifications, and particularly in the technology-driven, transformative and business-management disciplines.

Of particular interest for many of the Latin American countries is the development of a robust vocational education and training sector that would deliver programmes to mitigate skills shortages in high-technology sectors and thriving export markets. Latin America as a region has been undergoing an important transformation for some decades.

It is projected that by the region will have more than Argentina is a market that has reached a level of maturity.

This is in terms of planning, finance and management decisions. University World News or Higher Education Web Publishing does not necessarily endorse, support, sanction, encourage, verify or agree with any comments, opinions or statements or other content provided by readers.PESTLE Analysis for UK Higher Education Institutions Function: IT/Library Collaborative analysis performed by FLP Cohort 4, October PESTLE Analysis Factors Function Potential Impact Implication and Importance IT Overall impact.

This is an edited extract from the paper, “Latin American Perspectives and Drivers for Tertiary Education Development: A PEST analysis”, published by the Observatory on Borderless Higher Education.

Universities to charge higher tuition fees but have also reduced public funding. There are funding schemes available for institutions e.g.

Revolving Green Fund. Electricity and natural gas consumption Internal issues Risks Opportunities EMS Aspect Budget changes Re-allocation of funds away from EMS and related initiatives. PEST ANALYSIS OF EDUCATIONAL ACADEMIES OF UK PEST ANALYSIS: What is PEST analysis or PESTLE analysis?


Sample Essay on PESTEL Analysis of Education Industry

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Pest analysis for tertiary education
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