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The major player in this sector is as follows:
Career Launcher
IMS
SWOT ANALYSIS
A SWOT analysis is a strategic planning tool used to evaluate the strengths,
Weaknesses, Opportunities & Threats involved in a project or in a business venture
or in any other situation requiring a decision.
STRENGTHS
T.I.M.E is market leader in concerned industry with high market share.
T.I.M.E.s performance in financial terms has been outstanding as well - it has grown
from a brand turnover of Rs. 10 crores in FY 2002-03 to Rs. 188 crores in FY 2010-11.
The key drivers of this success are T.I.M.E.s commitment to students, its pan-India
presence, its highly committed team of R&D professionals and its well-researched study
material and unique pedagogy .
T.I.M.E has more experienced teacher compared to others.
T.I.M.E has relatively less fees compared to its competitors.
T.I.M.E is the reputable brand in Indian industry
T.I.M.E has been aggressively opining its new centers to increase its presence.
Weaknesses
T.I.M.E has investing less on promoting other competitive exams for eg IIT-JEE and
CPT Etc.
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The thing which students not like about T.I.M.E is paying less attention on group
discussions and personal interview sessions.
Opportunities
As it has large number of experienced professionals so it can take the advantage of this
strength to exploit the opportunity by entering into the third world countries.
Should start satellite coaching classes to attract more students and incur less cost.
Joint venture and acquisition in other countries
Not limiting itself to entrance exam training, also successfully forayed into the pre-school
segment.
Threats
T.I.M.E has cost advantage over its competitors. If the competitors will follow the same
strategy then it may decrease the number of student.
Well known test series of T.I.M.E (Aimcat) is facing tough competition from others as
they are convenient.
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TABLE NO:-1
Table showing which one provides the best study material.
Name of institute PercentT.I.M.E 35IMS 25
Career launcher 30Other 10Total 100
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TABLE NO:-2
Table showing which one provides the best online support
Name of institute Percent
T.I.M.E 28.3
IMS 23.7Career launcher 34.8
Other 13.2
Total 100
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TABLE NO:-3
Table showing which one has best faculty
Name of institute Percent
T.I.M.E 35.4
IMS 30.8
Career launcher 31.5Other 2.3
Total 100
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TABLE NO:-5
Table showing Centers of which institute are easily accessible by public/private transport?
Name of institute PercentT.I.M.E 35.8IMS 26.9Career launcher 27.3Other 10Total 100
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TABLE NO:-6
Table showing which institute has spacious rooms and have good seating arrangement?
Name of institute Percent
T.I.M.E 34.9
IMS 30.4
Career launcher 29.7
Other 5
Total 100
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TABLE NO:-8
Table showing which institutes brand in more visible in Delhi?
Name of institute Percent
T.I.M.E 35.8
IMS 26.4
Career launcher 33.9
Other 3.9
Total 100
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TABLE NO:-9
Table showing which institute organizes various promotional activities in Delhi city?
Name of institute Percent
T.I.M.E 33.4
IMS 21.5
Career launcher 31.5
Other 13.6
Total 100
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TABLE NO:-10
Table showing OVERALL SATISFACTION :-
Name of institute Percent
T.I.M.E 34.8
IMS 27.1
Career launcher 30.9
Other 7.2
Total 100