Partner Program
Are you running coaching/tution classes for class 11th/12th students?
Partner with us to grow your business multifold.
Corona pandemic has changed the tuitions market forever. According to the recent survey, CU-ET, IPM/BBA entrances are poised to be a 1 crore aspirant opportunity. Now you can offer IPM Careers programs in your locality/center as a full fledged partner or just enroll students for:
Tuition and Foundation for CU-CET and IPM programs (class IX – X)
CU-ET, IPM/ BBA, BMS programs (class XI – XII)
Your cost is Zero.
Case 1: If you have more than 10 students for above mentioned program, we will send our faculties to your coaching institute to teach. We will split the revenue (net of taxes) 50-50.
Case 2: In case you have less than 10 students for above mentioned program, refer those students to our centre we will give you 25% of the revenue (net of taxes).
FAQs
- The expected size of the Indian education sector is going to be INR 16,60,000 Crores by FY 2025. The market is steadily growing historically at a CAGR of 14 percent.
- Within this, the Tutoring and Test Prep or coaching market is expected to be at INR 2,52,000 Crores by the same year.
- Moreover, the consumer spending on education has witnessed a significant increase from INR 1,92,300 Crores per capita in 2013 to INR 5,10,000 Crores per capita in 2019 itself.
Sources: Redseer Report and IBEF Education Presentation
| A | B | C | |
|---|---|---|---|
1 | Features and Characteristics | Business Partner | Tutor Partner |
2 | (Enrolment and delivery license for all IPM careers programs) | (Enrolment license for Young Genius Programs -Foundation, IX-XII)) | |
3 | FINANCIAL TERMS | ||
4 | License Fee | INR 5 lacs to 10 lacs | NIL |
5 | |||
6 | Partner Share | 60%-70% | 25%-50% |
7 | Royalty Share | 30%-40% | 85% |
8 | Study Material Cost | Partner | IPM Careers |
9 | Agreement Term | 3 years | As per your choice |
10 | Persona Fit | Decent Investment capability, Decent education background, preferably from education industry, proven success in past business or professional assignments | Individuals who are already into core tutoring and coaching business which is non-conflicting to IPM Careers products |
11 | Physical face-to-face academic delivery rights | Yes | Not necessarily |
12 | IPM Careers Brand Usage rights (Like putting our logo, brand on centre or newspaper, radio advertisements etc) | Yes as per the agreement | Business generation to be done thru WOM within existing students |
13 | |||
14 | Dedicated RM- To support business development, seminars and all support assistance from HO | Yes | Yes |
15 | Trainings – Academic, Sales and Operations | Yes | Only for sales and operations since academic delivery will be done by IPM Careers for the business generated by the Tutor Partner |
16 | Marketing Rights / Digital Marketing Rights | Yes | Yes, in certain exceptional cases with prior approval |
17 | Physical Infra Required | Yes. 1200-1500 sq.ft | No |
18 | Manpower Required | Yes | Yes-One counsellor |
