It’s good to start education business in Myanmar. Some people will say education is not the field to commercially get benefit. However, free education is also hard to start in poor country unless getting donation from other countries. I’ve friends who open institutes and college. They connect with college and universities from Singapore, UK, Australia and many other countries. They teach business, public relation, communication, technology, etc and then give certificates and diploma.
Problem in Myanmar
The very first problem foreign companies found in Myanmar is they can’t hire skilful workers. There are only few people who can work in higher rank to make decision and to do important things. India became rich by software development business. Their software price is now becoming expensive and so companies from US and Japan tend to look at Myanmar market for cheap software. The problem they found is they can’t find software houses which can make a perfect software with no errors. There are some professional software houses. But the number is too low. It’s because Myanmar is not having many skilful workers.
One more issue is jobless rate increment. There are more than 50 percent of jobless people among people of 18 to 35 age. Many youths are jobless because there is no opportunity and also because they are not skilful enough. If they can get a good vocational training, the opportunities will come to them.
Solution: education service
There are many education training centres, schools, vocational training centres, college, institute and university, emerging in Myanmar. Some are local and some are foreign education service. They all can cover on topics: language skill, engineering, accounting, business, informational technology and so on. Only one question is if they can really make student work in the market. Successful education service in Myanmar include KMD Computer Training Centre, PS Business School, MCC Computer Training Centre, Strategy First Marketing institute, MIC College, Chin Dwin University, Universities under government management and so many others which I don’t remember the name. However people are still demanding for more service which can get them jobs.
There are three level so far. One is certificate course. The another is diploma course and the last one is bachelor course. People has psychology that the higher the degree, the more possible to get the job. May be it’s true for some people. But mostly it’s not relate. But if you want to provide education service, you wisely have to choose if you are going to give them certificate, diploma or bachelor. Certificate courses are easy to start. But to start Diploma course and university course, you need to make expensive contract with universities and colleges from other countries. You may also want to categorise by vocational education and academic education.
Anyway it’s a good investment to start doing education service as a business. For me, I just god diploma in my life and so it’s not possible to offer diploma course. But I determined to invest in education so that I can, in the future, providebetter education services to Myanmar. I’ve been getting lots of inquiry to teach in topic of social media, digital marketing, etc. The inquiry, from time to time, increased. It means people are really needing it. You first should start from Yangon city and expand it from Mandalay to cities in other regions. Taking little money and getting more student is always a good strategy. Education don’t need to be cheap, but it must be affordable.