Educational Institutions

Education sector has seen a host of reforms and improved financial outlays in recent years that could possibly transform the country into a knowledge haven. With human resource increasingly gaining significance in the overall development of the country, development of education infrastructure is expected to remain the key focus in the current decade. In this scenario, infrastructure investment in the education sector is likely to see a considerable increase in the current decade.

India holds an important place in the global education industry. India has one of the largest networks of higher education institutions in the world. However, there is still a lot of potential for further development in the education system.

Audit of educational institutions focuses on the value added services provided to the students in the bouquet. It is to be critically reviewed whether those services given to the student are to be separately charged or not. Expenses on hostel, canteen, buses etc. are to be monitored and the fee structure / pricing of the services provided is to be reviewed. The cost per student Vs the revenue per student is to be analysed.