As we approach the end of 2024, we reflect on the challenges, progress, and transformation that have defined Singapore’s private education sector this year. The industry has continued to evolve, and at EduValue, we are proud to have been part of this journey, working alongside over 50 Private Education Institutions (PEIs) to enhance compliance, quality assurance, and operational excellence. This year has been a pivotal moment for both the sector and our organization as we pushed boundaries and delivered innovative solutions to our clients.
Notable Highlights from 2024:
1.EduTrust Guidance Document Version 4.0: Following the implementation of EduTrust GD4.0, EduValue successfully completed over 20 Site Assessments and Document Submissions. We are grateful to report that none of our clients faced downgrades, and several were even upgraded from a 1-Year to a 4-Year EduTrust status. These accomplishments reflect our deep expertise and close collaboration with our clients. As we move forward into 2025, we are committed to ensuring that all the institutions we work with continue to meet and exceed the rigorous standards of quality assurance and compliance.
2.Recovery in the PEI Sector: This year has also been marked by significant recovery across the private education sector. Many PEIs have regained stability, with increased student enrollments and a renewed focus on expanding their programmes. This recovery has brought a sense of optimism and momentum to the industry, signaling a bright future for both institutions and stakeholders alike.
3.Mergers & Acquisitions (M&A): The M&A space within the PEI sector saw further expansion in 2024. The EV Education Group has broadened its scope, going beyond assisting existing clients to helping non-clients exit the industry. This year has seen an increase in M&A activity, driven by growing interest from international investors and the rising appeal of Singapore’s private education landscape. EduValue remains a key player in facilitating these transitions, enabling strategic growth and consolidation within the industry.
Strategic Initiatives for 2025:
Looking ahead to 2025, EduValue will continue to drive innovation and support the private education sector through a series of strategic initiatives aimed at scaling our services while maintaining our high standards of quality and compliance.
1.Expansion of EV Academy Programmes: One of our key focuses for 2025 will be the continued growth of EV Academy, particularly with the launch of our ERF Programme. By offering specialized training on ERF and EduTrust compliance, we aim to empower PEIs to strengthen their internal capabilities. These training programmes will not only benefit our current clients but also extend to other institutions seeking to enhance their compliance functions.
2.Internal Certification for EduTrust GD4.0: In 2025, EduValue will introduce an internal certification for EduTrust GD4.0, based on the insights we’ve gained from overseeing 30 to 50 EduTrust assessments annually. This certification will help build the trust that our clients already have in us, reinforcing their confidence in our ability to consistently deliver high-quality results. With this certification in place, we aim to expand our portfolio by taking on an estimated 5 to 10 additional schools in 2025. By scaling our services while maintaining our core competencies, we are positioning ourselves for further growth and success.
3.Digital Transformation: Our focus on digital transformation will continue in 2025. We will enhance our Learning Management Systems for both ERF and EduTrust, in partnership with EV Academy, and further test our School Management Systems with our partner PEIs. These digital solutions will streamline compliance processes and reduce costs for our clients, while also strengthening their internal compliance capabilities. By integrating cutting-edge technology, we aim to support long-term operational efficiency and effectiveness for both EduValue and the institutions we serve.
Conclusion
As we look back on 2024, it is clear that the private education sector has demonstrated remarkable resilience and adaptability. At EduValue, we are proud to have contributed to the sector’s growth and transformation. The accomplishments of this year have laid a strong foundation for continued success, and we are excited about what lies ahead. With our focus on compliance, innovation, and digital transformation, we anticipate 2025 will be a year of further growth and opportunity for both our group and the industry as a whole.
We look forward to continuing this journey with our clients and partners, and we wish everyone a prosperous and successful 2025.
From
Barry; Founder of EduValue and EV Education Group
