The report titled “US Executive Education Programs Market by Type (Open and Customized Programs), By Universities (Private and State), By Mode of Delivery (Business Schools, Online, Foreign Collaborations) – Outlook to 2022” provides a comprehensive analysis of executive education programs market in the US. The report provides information on US Executive Education Programs market size (by revenue, by number of enrollments, number of programs), market segments (by open & customized programs, by type of courses, by universities and by mode of deliveries), US online executive education market, and competitive landscape of major players in the US Executive Education Programs market. The report also provides trends and developments in the market, key issues and challenges in the market, government initiatives for executive education in the US, Entry barriers in US Executive Education Programs market, SWOT analysis of the market and covering competitive landscape of major institutions including Harvard Business School, The Wharton School, MIT Sloan School of Management, Stanford Graduate School of Business, UCLA Anderson School of Business, Columbia Business School, Kellogg School of Management, University of Chicago Booth School of Business, Stephen M. Ross School of Business and Baruch College. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions.
US Executive Education Program Market
In terms of revenue, the executive education program market witnessed positive growth rate increasing from USD ~ million during 2014 to USD ~ million during 2017 at a CAGR of ~% during 2014-2017. The number of enrollments in the industry witnessed a steady growth rate on account of increasing working age population (age group 15-64) in the country. US Executive Education Programs market showcased that number of enrollment in the country increased over the years from ~ during 2014 to ~ during 2017 at a CAGR of ~% during 2014-2017.
US Executive Education Market Segmentation
By Customized and Open Program: Open programs include varied teaching methods such as case studies, simulations, role plays, closed group analyses, and applied learning projects, interspersed with lecture sessions on theory and practice. During 2017, open program segment accounted for ~% of the overall executive education market share. Institutions in the US offer exclusive custom-designed programmes, to address specific Executive Learning and Corporate Training as per the needs from individual organization. Under this format, courses are designed in collaboration with the client organization, and scheduled at a mutually convenient date and venue. In terms of revenue, the customized programs segment augmented positively from USD ~ million during 2014 to USD ~ million during 2017 at a CAGR of ~% during 2014-2017.
By Type of Courses: Finance and strategy accounted for ~% (~) of the total open executive education programs during 2017. Finance and strategy programs include measuring, analyzing, and driving corporate performance, linking strategy to finance and the new role of a CFO, master the essentials of corporate financial management, understand state’s economic performance, national income and global business environment. Women and Leadership programs accounted for ~% (~) of the total programs in the US open executive education market. Women and leadership program includes strategy, negotiation, communication and leadership, as women pertain to the highest level of an organization. Marketing and SCM followed Women and Leadership courses in the open executive education market in US, accounting for ~% (~) of the total share during 2017.
By Universities: It has been witnessed that during 2017 the private institutions and players contributed ~% (USD ~ million) to the total revenue generated by customized executive education market. The Executive Education Market is a brand driven market and for this reason customers have preferred the branded certifications which would aid them in the career development. In terms of revenue from customized executive programs, State universities in US followed private universities during 2017, accounting for ~% (USD ~ million) of the overall market revenue.
By Mode of Delivery: Business schools and universities have dominated the US open executive education market on the basis of number of courses, accounting for ~% (~) of the total number of courses during 2017. In terms of mode of delivery, online executive programs incorporated ~% (~) of the overall market share during 2017. Foreign collaboration followed online as mode of delivery in terms of number of programs, accounting for ~% (~) of the total number of programs during 2017.
By Time Duration: The short term (0-2 days) programs dominated the US Executive Education Programs market in terms of number of open enrollment programs during 2017. Medium term courses followed short term courses in terms of number of programs in the US Executive Education Programs market during 2017, accounting for ~% (~) of the total market share. Long term courses accounted for ~% (~) of the overall market share during 2017.
Competitive Landscape of Major Players in US Executive Education Market
In terms of revenue, HBS is the market leader in the US Executive Education Programs market which accounted for ~% of the overall market revenue during 2017. Wharton School of Business followed HBS in terms of revenue from open executive education programs accounting for ~% of the overall market share. Wharton School of Business conducted ~ open executive education programs for around ~ enrollees. MIT Sloan accounted for ~% of the overall revenues from open enrollment programs during 2017. MIT Sloan conducted ~ executive education programs during 2017. Baruch College dominated the open enrollment segment in terms of number of programs during 2017 by ~% and ~% of the overall market share respectively. Other leading players in the US Executive Education Programs market are Stanford Graduate School of Business, Kellogg School of Management, Columbia Business School, UCLA Anderson School of Business, Stephen M. Ross School of Management and Baruch College.
US Online Executive Education: The online executive education segment has been trending in the US in recent years. In the online market, the companies and private players act as intermediaries that tie-up with institutions and B-schools who provide online executive education. These intermediaries provide facilities and access for online programs such as flexible schedules, accommodation if needed, class rooms and others. Online education is advantageous as subscribers can take repeated lectures on the request which is not possible in the case of the in-campus or the offline courses. Over the years, foreign players have increased their presence in the US market with increasing alliances with institutions and universities.
Future Outlook to US Executive Education Market
The US Executive Education Programs market is anticipated to grow from USD ~ million during 2017 to USD ~ million during 2022 at a CAGR of ~% during 2017-2022. The degree programs in the US are very costly which will result in shift from masters’ degree to executive education programs. It has been anticipated that population of graduates in the US will increase from ~ million during 2017 to ~ million during 2022 which will increase the number of candidates eligible and interested for executive education programs in the US.
Key Topics Covered in the Report
US Executive Education Programs market Overview and Genesis
US Executive Education Programs market Size, 2014 – 2017
US Executive Education Programs market Segmentation by open and customized, by type of courses, by universities, by mode of delivery and by time duration
Trends And Development In US Executive Education Programs market
Issues and challenges in US Executive Education market
Entry Barriers and SWOT Analysis for US Executive Education Programs market
Market Share and Competitive Profile of Major Players in US Executive Education Programs market
US Executive Education Programs market Future Outlook and Projections
For more information on the research report, refer to below link:
Related Reports by Ken Research
Ankur Gupta, Head Marketing & Communications