Higher education is rising as a good component in the global business Marketplace as more and more students Heading to abroad for searching and pursuing specialized courses in their field of interest
Higher education is rising as a good component in the global business Marketplace as more and more students Heading to abroad for searching and pursuing specialized courses in their field of interest
There is a rising and complicated debate that is about classifying the education as a Commercial affair or a public good that is a fundamental right to everyone. The evidences about Education (Especially Higher education) being a public affair and also a commercial affair are equal in numbers and also in impact.
In general, the universities and the academic communities would like to see higher education being viewed as a public good (like the traditional view of education as a fundamental right to every person).
Still, the prevailing argument in the World Trade Organization Secretariat is that higher education is now more as a ‘private consumption’ that directly benefits the consumer by ways of generating higher and sustainable income.
Universities from Latin American countries In April 2002, Portugal and Spain adopted a Declaration at the 3rd Summit of Iberian and Latin American Universities in Porto Alegre, Brazil according to which they declared education to be a ‘public good’ and they requested their governments to not to make any commitment on this issue within the framework of WTO.
However, the perception of higher education being more as a commercial service than a public good is gaining more acceptance overtime. The WTO Secretariat in September 1998 has mentioned that abiding the rapid changes in the framework and operations of higher education ‘education now exists also as a private consumption item that has a price determined freely by the institutions that provide it to the Desiring students’. They have stated As a result, that more and more paying students are attracted to these institutions including foreign students.
Thus, education is a public good or a commercialized affair is still debate without any determines and satisfying conclusion.
New Banking Exams Pattern and Impacts
Another class of competitive exams that has came up in last few years Bank exams. This is due to the fact that Public sector banks and Region Rural Banks are getting so many people retired from services so that they need young and capable people to join in to fill up the generated vacancies.
Pattern Changes in competitive bank exams In India
The highly satisfying and secure Bank jobs are attracting more and more people towards them in recent times thus bank exams are seeing a like never before competition now a days.
Large pattern changes in bank exams in India
Bank jobs exams are in Demand owing to many facts including high level of security (A must to have in these turbulent times) and satisfaction.
