Professional Documents
Culture Documents
For Whom Are We Creating Value? Who Are Our Most Important Customers?
For Whom Are We Creating Value? Who Are Our Most Important Customers?
Who are our Key Partners? What Key Activities do our Value Propositions require? What value do we deliver to the customer? What type of relationship does each of our Customer For whom are we creating value?
Who are our Key Suppliers? Our Distribution Channels? Which one of our customer’s problems are we helping to solve? Segments expect us to establish and maintain with them?
Which Key Resources are we acquiring from partners? Customer Relationships? What bundles of products and services are we offering to each Which ones have we established? Who are our most important customers?
Which Key Activities do partners perform? Revenue streams? Customer Segment? How are they integrated with the rest of our business model?
Which customer needs are we satisfying? How costly are they?
Course development
Investors – (Trustees, Government, Awareness generation (marketing) of Produce knowledgeable, disciplined and Advisory and guidance for students and Students – (the most important
Foreign entities, individuals, etc.) our courses responsible citizens for the nation who personized campaign inviting applications customers and the reason for our
Government – (Establishing University in Recruit teachers and fellows are passionate to serve our Country i.e. for the different programs. Self-service existence)
PPP model) Give admission to the students India application, get test date, appear for Governments – (for research grant
Different dept.s and ministries of Provide campus living services Providing high quality world class test, appear for interview, get selected, project)
Government – (MHRD, UGC, AICTE, Teaching education together with many life skills pay fees online, come to University for Research institutions - (for joint
MCI etc.) Take assessment of students to our students such as sports, ethics, registration, enroll for course and start research projects)
A number of missions of Govt. – (AIM, Conduct research culture, leadership, entrepreneurship studying Academic partners – (domestic &
Start up India, Kaushal Vikas, Digital Conduct different programs eg skill etc. Advocacy level support to the international)
India etc.) development, entrepreneurship Providing entry into job market for our Government and apply for research Industrial Partners – (for sponsored
Promotional and Branding agency – development etc.) students grants keeping greater public interest in research project, organizing training
(Brand promotion) Placing our students Providing entry into globally renowned mind programs, workshops etc., for patent
Admission & Marketing Agency – Help in IPR protection and Univ. for higher studies for our students Collaborative relations with other commercialization, royalty fees etc.)
(Reaching to target students) commercialization Giving employment to Teachers & research institutions, academic partners Patients for medical school
Placement partners – (Companies who Give support to start ups and companies Fellows and corporate partners. Closed
recruit, placement agencies) Advocacy for the Univ. as well as the Professional & Skill development relationship to develop IPR, Patents,
Technology Service Provider – whole industry – promote brand India o Helping partner organizations to trade secret etc.
(providing tech interface, managing IT Proper implementation of different meet skill gap
assets & providing process automation) Govt. Programs eg digital India, swachh Developing IPR Channels
Through which Channels do our Customer Segments want to be
Test coordinator – (Conducting Bharat etc.) Developing knowledge centre for the reached? How are we reaching them now? How are our Channels
admission test) disposal of the nation
Accreditation Agency – (Government,
Key Resources Patent commercialization
integrated?
Which ones work best?
What Key Resources do our Value Propositions require? Which ones are most cost-efficient?
Private and International) Our Distribution Channels? Customer Relationships? Startup support – (knowledge and How are we integrating them with customer routines?
Revenue Streams?
Knowledge Partner – (providing support investment)
on instructional designing and content Course content and knowledge database Providing access to market, talent,
development) A no. of collaboration platforms such as knowledge and expertise to our partner Teaching and research at the University
Partner Institutes – (joint program, centres and departments for acquiring, institutions campus – (On campus)
exchange program and joint research) developing, reshaping and sharing Promote India’s long tradition for Teaching and research at the premises
Financial institutions – (Banks, NBFC knowledge knowledge and cultural integration and of our partner institutions and
etc.) A large pool of qualified and committed its pluralism to the World organization – (Off campus on site)
Brand Ambassador teachers and fellows Conducting teaching fully over the
Alumni – (Lifelong brand promotion) A dedicated pool of administrative staff internet – (Digital channel, MOOCs)
Publication agencies Infrastructure and facilities for o Conducting teaching and delivering
Study centres (Distance learning) conducting teaching and research and course content over postal service,
Campus developer – (Architect, real for living support to teachers and internet and study centres
estate) students (Distance learning)
Different service providers in the A robust technology platform for o Conducting teaching in Social
campus – (Security, Health, Dining etc.) conducting all the University works Media (LinkedIn, Facebook etc.)
Vendors – (Supplying different assets, Conducting teaching partly over the
goods and services) internet and partly on campus – (Hybrid
Local district administration and police channel)
Original land owners Conducting program in TV, Radio,
magazines and newspaper (Mass media)
Acquisition cost for land – (Capex) Fees received from students for academic activities and living in the campus. (From Alumni, it is alumni fees)
Building and construction cost – (Capex) Consultancy fees (fees received to provide consultancy to different industry and academic partners)
Purchase of IT and non IT assets for University works – (Capex) o In case of medical school, income comes from the consultation and treatment of patients, selling other
Equity investment in startup companies in Incubation Centre – (Capex) medical services such as pharmaceuticals, pathological services, nursing services etc.
Operational and maintenance cost to maintain all the assets for the proper working Income from sponsored research
Cost to develop course content – (Professional instructional designers and content developer) Grants from Government, research organization, international institutions
Fees paid to (eg. Royalty) partner institutions and/or organization for transferring knowledge Royalty fee (for letting other organization or institution to use in-house developed IPR)
Fees if there is any to be paid to all the partners mentioned in ‘Key Partners’ section Patent commercialization fee (received as a royalty or fees received to transfer patent ownership)
Salary paid to teachers and fellows Market development fee for partners (eg. giving access to domestic market to foreign partner. Sometimes, fees
Salary paid to all the administrative staff (Administrative expenses) can be substituted with knowledge sharing)
Scholarships, stipends and grants Hosting fee for organizing many events such as workshops, seminars, webinars, conclave, sports event, talent
Library and database subscriptions including purchase of books, periodicals etc. and taking subscription to other search event on behalf of partners
libraries and global databases Dividend income from the stake at a startup company (in case of continuing operation) or profit from the sale of
Marketing expenses including promotion, road shows, advertisements, branding, digital marketing etc. stake at a startup (in the case of selling off)
Costs to conduct seminars, workshops as well as bringing thought leaders to University premises, visit of special Interest income from extending loans to our students, employees, startup companies etc.
guests (Such as Heads of the State, Ministers, Celebrities etc.) Endowment income (income from the large pool of donations)
Cost to conduct special events not related to education such as sports, annual festivals etc. Advertisement income for partners’ promotions at special occasions
Academic and non-academic consumables Income from University publications
Travelling and other guests visit costs Income from renting space to vendors to provide on campus services such as pharmacy, health centre, grocery
shop, restaurants etc.
This Business Model on Indian Education Industry has been developed by Rajesh Maji (r4rajesh(at)live.com) with the help
of Business Model Canvas developed by Strategyzer (www.strategyzer.com)