Overview of the industry:
The number of students across the globe enrolling in higher educational courses and having a basic education is effortlessly increasing; thus tutoring has become a prime method for strengthening traditional learning. Entrance exams are critical for gaining admission into various top universities, colleges and sixth forms, moreover the competitiveness across the educational segment is at an all-time high. Therefore students and their families are more willing than ever to invest money and time in tutoring, anticipating on gaining an edge.
The global private tutoring market is already a multi-billion dollar industry and according to estimates from the Global Industry Analysts, Inc. (GIA), it will reach US $102.8 billion by 2018. 90% will be in the U.S, Europe and the Asia-Pacific, Thus on average, half a billion of the market worth will be found in England.
The use of tutors has exploded in recent years due to the following factors:
Rising student enrolments;
Intense competition among students;
The need to excel in competitive exams, particularly in Asian countries;
The inability of standard education systems to address the unique needs of each student;
Lack of teaching staff at schools;
Outdated school infrastructural facilities.
More than a quarter of 11 to 18 year olds have had one at some point during their schooling, most of them for maths. The fastest growing market segment is key stages 1 and 2, with £40.00 an hour as the premium prices found in the tutoring industry. With some tutor agencies having more than 10,000 staff, right now opportunities flourish in the tutoring field for students, teachers, educational institutions and businesses in general. Tutoring is in the top 16 industries worldwide for starting a new business, with a growth rate of 7% in the last year. With millions of students entering higher education and millions more forging their way through strained school systems, the demand of individualised guidance has, is and will expect to continue to increase for the foreseeable future.
Institutions around Bedfordshire offer brilliant education at competitive prices; however what they do not offer is comprehensive, innovative, one-to-one tuition to students out of school hours. This is the business opportunity and dilemma that Cognito is looking to capitalize upon. Thus our business will provide tutoring to students from key stages 1 - 5 (age 7 - 17) on a wide range of subjects but also provide support lessons on any stresses a student may find regarding examinations and life time management.
To find out more about what we actually do, give us a call on 08000 88 41 78
Cognito is a fresh, new, innovative business concept, seeking to change the face of tuition by promoting our own unique teaching & recruiting philosophy!
Cognito Tuition provides the most personalised HSC tutoring experience in the industry. We specialise in small classes for Physics and Chemistry targeted at year 11 and 12.
