VIRTUAL SCHOOL

........ to make the Right to Education a real right and include reality in path of development.

mode of education wherein children study using digital media

Helps study subjects of their choice

Generally used through internet

Virtual School

Provide s Fast and quality educatio n

Helps people explore different curriculums.

Available 24*7 . Anytime ,Anywhere

INTRODUCTION
Globalization has revolutionized education sources. In this case India has 2 options. OPTIONS: Compete for better human resource development and raise the bar of quality and quantity of service available . Be condemned to remain as mediocre laggards as the world races ahead .

Requirement
We require a system.....
a)
b) c)

d)

e)

Which is not bound by distances. Which is quality conscious. Which can deliver education to masses cutting across the social fabric. in which the teacher is always available in school in time. which serves the rural population and serves them in their own language.

gives all the students equal opportunity to perform. ease of updation

mass education and quality education

saves time, money and energy.

Benefits of a Virtual School

an ideal mode of education for someone suffering from medical complication s. act as social equalizers

one can easily study at home or at school.

helps inculcate the emergence of digital media in the curricula.

REASONS FOR INVESTMENT

need

for mass quality education in rural areas answer for absentee teachers, lack of teachers saves massive investments in school buildings e-school is one of the most efficient , hassle free and cheaper alternatives.

TARGET CONSUMER BASE

This project is aimed for mass quality education specially in rural India. We add an Australia every year to our population. every sixth year this generation is seeking education. supports those who are staying in rural areas and wish to pursue quality education. It is also ideal for those who may be suffering from medical complications or may lose focus if they are re-locating .

POTENTIAL MARKET IN INDIA

The Education sector : developing by leaps and bounds and is over stretched . Genuine need for technical bias in education of masses .
With

a young population of about 450 million to cater to , we certainly need alternative resources for education other than formal schools

GOVERNMENT HELP......

Government is readily helping through : Cheaper loans Subsidies. One Laptop Per Child Program(OLPC) Right to Education Bill (RTE)

HOW DOES THE PROJECT WORK??

The project will be made in house by integrating online information with social communication and local syllabus oriented inputs. It may be considered a mix of khanacademy.com with Skype.

RESOURCES
Adobe systems will be required for the purpose of creating modules , presentations and other similar things.
Linux box is needed to handle website traffic. Hardware is needed for maintenance of the project. Miscellaneous stuff like stationery , paper etc. is also required. Teachers/Coordinators are needed for solving doubts of the students. The business will also require an insurance cover.

FEASIBILITY
Adobe Systems and Macromedia Technology is available free of cost
A Linux box may cost Rs 45,000

Intial hardware costs may amount upto Rs. 30000

General costs can amount upto Rs 10,000 a month Online tuition costs may result to Rs. 40,000 a month Insurance premium will also amount to another Rs. 50,000

PROBLEMS

ELECTRICITY WILL NOT BE AVAILABLE ALL THE TIMES TOO MANY TEACHERS WILL NOT BE FEASIBLE INITIALLY. POSSIBLE SECURITY THREAT BY MEANS OF HACKING AND VIRUS TRANSFER

SOLUTION

USE A GENERATOR TO OVERCOME ELECTRICITY PROBLEMS INITIALLY TEACHING ASSISTANTS CAN BE USED. COMPUTER EXPERTS NEED TO BE USED TO COUNTER SECURITY THREATS.

AFFILIATIONS

C.B.S.E

International Baccalaureate

National Open

Cambridge Board

ORGANISATIONAL STRUCTURE

CEO

Technical Wing

Academic Wing

Finance and Administrative Wing

Software Engineers

Hardware Engineers

Subject Teachers/ specialists

FEE STRUCTURE FOR URBAN AREA

Board Primary School (in Rs.) Middle School (in Rs.) High School (in Rs.)

International Baccalaureate

500

900

1200

C.B.S.E

450

750

1000

National Open Schooling

450

750

1000

FEES CHARGES FOR THE RURAL AREAS

Board Primary School (in Rs.) Middle School (in Rs.) Higher Secondary (in Rs.)

International Baccalaureate

300

500

800

CBSE National Open School Exam

300 250

400 400

650 650

The fee structure(per month) maybe set as follows:

Indian market for education through digital media is growing and holds immense potential. As per hypothesis, about 10,000 students maybe expected to join the curricula in the first year. Since this system is not limited to only India, the turnover for the first year can even be higher.

PROJECTIONS

EXPECTED REVENUE

The concept of e-education is already in motion in places like Australia , USA, U.K.

In India e-schools maybe the solution to problems of many parents. While in the initial years enrollment maybe from 1,000

Traditional School V/s Virtual School

Speculated Cost after 10 years (VIRTUAL SCHOOL)

SCHOOL COSTS

PROFIT OR LOSS

The expenditure initially is about Rs.5,00,000 The revenue is expected to be about 20-35 lakhs. So the profit can be predicted to be anywhere between 1530 lakhs.

PROFIT CHART
14000000

12000000

10000000

PROFIT

8000000

6000000

4000000

2000000

1000

2000

3000

4000

STUDENTS

ECONOMIC SENSE

In the formal education system , the number of schools and teachers grows with increase in the number of students whereas in the virtual school system. The break-even is achieved much earlier and there are no hassles of maintaining a huge establishment . As the number of student grows there is no need for recruiting additional staff, as experts from the field can be employed at one place to draw up the courseware. Technology would deliver and deliver exactly.

REVENUE STREAMS.............
On

the other hand the revenues from the project accrue from the following: a. fees from the students b. support of the govt./CSR in providing laptops and other regular programs of the government c. A fees of Rs 100 per month for ten lakh students gives an annual revenue of Rs 120 crores!! d. therefore in this model, there is a possibility of lowering fees charged with enrolment.

CONCLUSION

A good business plan is considered the one which benefits everyone , be it the entrepreneurs or the consumers. This business plan was also made with the same motive.

THANK YOU

FLAIR FEST PROJECT : A BUSINESS PLAN

BY: STEP BY STEP HIGH SCHOOL