In today’s world like Food, Cloth and Shelter, Education has become one of the basic needs, on the other hand providing education in a systematic and accurate manner still remain a great challenge. The international school sector is growing at a fast pace. An international school is a school that promotes international education, in an international environment, either by adopting a curriculum such as that of the International Baccalaureate, Edexcel or Cambridge International Examinations or by following a national curriculum different from that of the school’s country of residence.
International schools come in many different shapes and sizes and the term itself, includes a variety of school systems encompassing a wide variety of formats and curricula, with some being more international than others. In order to be considered an actual international school, it is widely agreed that a school generally follows a national or international curriculum different from that of the host country. Additionally, an emphasis is placed on international education (with such programs as the IB) and global citizenship. There are many International schools that are providing high-quality education all across the world. Keeping this trend in mind, considering a project to set up a quality private International English medium school is very rational.
Incorporating International School
Once you form a committee for starting an international school to do the market analysis , the time is for incorporation of papers. All required documents, the costs etc. is to be handled by the lawyer of the committee. Incorporation is one of the most important steps of opening an international school as it helps in long term fund raising. This is because; the financial institutions and other financial parties readily give money to a legal registered entity.
Manage School and Secure Accreditation
Once an international school is opened, the school must mature and grow through an interconnected set of activities and oversight. ISS helps support you with leadership and supervision, accounting and financial activities, recruitment and professional development, procurement, child protection policies, operations management, accreditation, and quality assurance.
What is the market demand for the school?
Market demand is a very important question, and you should consider this before taking the next step.
>> What are the existing international schools in the area?
>> How do you know they are not sufficient for the demand?
>> What unique features of your proposed school distinguish it from others in the market?
With any large-scale project, stakeholders must consider the balance between pitfalls, potential risks and significant positive opportunities. Prospective owners must ensure that they are completely confident in their knowledge of the legal structure of the country in which they are going to set up. Choosing the local right partner is a critical part of reducing your overall risk in the new school project. A due diligence report on your potential local partner(s) will position you to make informed comparisons between what your local partner has been telling you and reality.