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STEM education 2019-07-08

Reasons why STEM Education-based Franchises are Investment-worthy

Science, Technology, Engineering, and Math, abbreviated as STEM, is a curriculum based on the idea of educating students in these four specific disciplines – not as separate and discrete subjects but as an interdisciplinary and applied approach.

By Features Writer
Reasons why STEM Education-based Franchises are Investment-worthy

As of today, we live in the age of technology that is upgrading constantly and  revolutionising every bit of the earth. With  primitive methods of teaching and learning, the Indian education system appears to be inept in training students for the advanced employment opportunities that lie ahead. It’s high time to raise the bar of the Indian education system to keep pace with the modern world.In order to do so, the STEM curriculum can be used wisely.

Science, Technology, Engineering, and Math, abbreviated as STEM, is a curriculum based on the idea of educating students in these four specific disciplines – not as separate and discrete subjects but as an interdisciplinary and applied approach.Young edupreneurs have realised this fact and are coming up with STEM-based solutions to reshape the education system, the franchises of whichare perhaps the biggest trend in the education system today since they have  the capacity to change the current scenario. Here is why you should invest in a STEM education-based franchise.

STEM to be the Stem of Education

Just like the stem of a plant, STEM education provides support and elevation to the students and helps them flourish into their best versions. The curriculum is designed to fix the loopholes in the traditional system of education to make it more logical and employment-oriented.

Why you shouldInvest in a STEM-based franchise

With the prevalence of technology in every sphere, the number of STEM jobs is growing at a fast pace. As per recent reports, it is anticipated that 80% of the jobs created in the next decade will require some form of math and science skills. The growing number of STEM jobs gives rise to the increasing demand for institutions that provide STEM education. This is where STEM-based education franchises come into the picture. STEM education franchises can help in meeting the demand from various industries that apply the core of STEM education in their working.

Another reason why it is anultimate resort to invest your money in is that it is a profitable yet affordable model in the education field. STEM Champs—an international STEM education improvement body— offers unit franchise for an investment of Rs 5-10 lakhs for an area of 1000 sq ft. Whereas, for a master franchise, the state-wise and city-wise unit of the same brand would cost you around Rs 10-20 lacs and Rs 5-10 lacs respectively.

As new technological advancements keep happening, education is not confined to just classrooms for students and parents. Parents are willing to spend money on strengthening their skills and will send them to classes other than just schools. This is another reason why STEM franchises attract the attention of both students and parents. There are many apps coming in as well that specialise in STEM education, which means that children can learn more in the comfort of their homes! Big brands are looking for exposure and expansion and hence turning towards the franchising route.

Conclusion

Just as the Indian education system witnessed evolution from the state of being a primitive Gurukula system to modern K-12 schools, it still holds the potential to transform itself into a more adaptive system. With the help of business opportunities like STEM franchises, the transformation is likely to happen in the near future.  So, investing in a STEM-based franchise is a profitable venture in today’s time.

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