Kota, known as the hub of preparation for IIT-JEE, alone is expecting a blow of at least 15% in the revenues. Reputed coaching classes are taking measures to avoid being hit by expanding their scope and funding. Career Point is about to launch an IPO to raise fund for its international programs and ‘Bansal’ classes have expanded its offerings to include pre-medical coaching.
Some of the other coaching institutes tried to make up for the losses by offering courses for state-level engineering entrance examinations and AIEEE. Still others have been forced to increase their fees to keep going. The result is that enrolling in coaching classes has become even more expensive and the quality of programs that were on offer is being diluted, as coaching institutes are trying to expand their focus and product base.
Some of the other coaching institutes tried to make up for the losses by offering courses for state-level engineering entrance examinations and AIEEE. Still others have been forced to increase their fees to keep going. The result is that enrolling in coaching classes has become even more expensive and the quality of programs that were on offer is being diluted, as coaching institutes are trying to expand their focus and product base.
