Singapore Executive education market growing consistently

The Singapore Executive education market is expected to grow considerably over the coming years according to recent research. The market is said to increase in several industry specific courses as well as for customized courses for professionals.

Singapore has long been the business hub of Asia but more and more the country also develops into the go-to region for education, in particular Executive education. According to market research company Ken Research the Singapore Executive education market will grow considerably over the coming years potentially reaching over SGD 250 Million by the year ending 2023. The research firm published these findings in its most recent report titled “Singapore Executive Education Market Outlook to 2023”.

The trend is obvious already: University enrolments have steadily increased over the past five years and business programmes like the EMBA are also attracting a growing interest with Ken Research anticipating that EMBA courses will dominate the Singapore Executive education market by the year ending 2023. Management Development Programmes (MDP) will contribute the second highest share in generating revenue for the overall Executive education market in Singapore.

In terms of content, Ken Research expects that the majority of the demand will be in the field of artificial intelligence and in the case of the Executive MBA programmes it foresees a rising demand for industry focused and customized programmes, particularly in the healthcare and financial sectors.

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