Why ICA is the best accounting coaching institute franchise in India 2024?

on Dec 16, 2023 | 10892 views

Written By: Yukta Palekar

Partner with India's top-ranked Accounting Training Institute and be a part of a noble mission to create 'Skilled Manpower' among India's job-seeking young and make them employable at a low cost. Onboard the journey of the top ranked accounting coaching franchise in India, ICA Franchsie.

About ICA Edu Skills Franchise in India

As the industry demands skilled manpower, they offer practical training and placement support for students. Their mission is to minimize unemployability in India and shape thousands of careers. 

ICA Edu Skills has changed people's perception of Accounts Finance education, offering the best-in-class training and placement services at the most affordable fees.

ICA Edu Skills Francise Model

The Francise Model is a comprehensive educational approach that has been providing academic training to students, college graduates, and professionals for over two decades. 

With a minimum carpet area of 1000-2500 sqft, the model offers a unique, interactive curriculum that incorporates multimedia and internet-based teaching for lasting lessons. 

With a focus on preparing students for the job market, the Francise Model has successfully imparted knowledge to the Indian youth in 16 states and 61+ cities in India. With a significant investment of 10-20 lakhs, the Francise Model is a testament to its commitment to providing quality education.

WHY CHOOSE ICA EDU SKILLS PARTNER?

ICA Partner offers over two decades of expert teaching and training for students, college graduates, and professionals to prepare them for the dynamic job market. 

With over 100 regional centres across 23 states, students can find the nearest training centre from their homes. ICA also has 30+ placement offices across Pan India, connecting qualified candidates with suitable employers and job opportunities. 

With access to over 70k+ registered employers, ICA Partner has access to a wide network of companies that value professional skills and expertise, offering incredible job opportunities.

The Benefits Of Owning an ICA Edu Skills Franchise In India 

ICA Franchise offers benefits such as in-house ERP, CRM, and R&D teams, regular seminars, practical training sessions, faculty training, quality assurance, 100% lead generation through digital marketing, earning potential of 1-4 Lakhs/month, partnership advantage with India's top-ranked training institute, best training facilities in Accounts, Finance, and Taxation, all-time student rush due to high demand, and investment of just 18-20 lakh.

ICA EDU SKILLS Franchise Investment 

  • Financial Performance (FY22): Net loss narrowed by 89% to Rs 1.2 crore. Revenue from operations increased by 12% to Rs 82.52 crore.
  • Profitability Plan: Aim to become profitable by the next financial year. Primary focus on increasing paid subscribers.
  • Revenue Streams: Revenue generated from: Paid courses. Collaborations with government bodies for underserved students.
  • Student Placements: Placed approximately 40,000 students in the last year. Placed a total of five lakh students in the last 7-8 years.
  • Course Duration: Programs range from one month to 18 months. Job-guaranteed courses last a minimum of three months.
  • Revenue Boosting Initiatives: Launched a new brand - Institute of Digital and Content Marketing. Two new programs expected to contribute to increased revenue.
  • Franchise Network: Over 100 franchisees nationwide offering paid courses through ICA.
  • Government Prioritization Impact: Decline in order book due to reduced government spending on skill development during the pandemic. Government prioritized healthcare and essential items over skill development.

Navigating the Future: Evolution and Opportunities in the Accounting Profession in India 

  1. Evolving Landscape of the Accounting Profession in India: Driven by factors like the robust growth of the Indian economy. Increasing business complexity and the imperative of government regulation compliance are major catalysts.
  2. Demand for Financial Expertise: Growing economy necessitates skilled accountants. Businesses require professionals to manage finances and ensure compliance with regulations.
  3. Regulatory Compliance Opportunities: Compliance with government regulations opens avenues in auditing and taxation. Accountants play a crucial role in ensuring businesses adhere to regulatory frameworks.
  4. Core Competencies of Accountants: Deep understanding of financial principles and procedures is essential. Expertise in navigating regulatory landscapes is a key requirement.
  5. Strategic Advisors in Business: Accountants increasingly provide strategic advice to businesses. Unique understanding of financial implications positions accountants as valuable advisors.
  6. Integration into Management Teams: Accountants are integral members of the management team. Their financial insights contribute to informed decision-making at the strategic level.
  7. Bright Future for Accountants: Anticipated specialization and adaptability to new technologies and trends. The profession is expected to evolve and stay relevant in dynamic business environments.
  8. Importance of Technological Adaptation: Accountants need to stay abreast of technological advancements. Adaptability to new tools and software is crucial for future success.
  9. Increasing Role in Business Decision-Making: Accountants not only handle financial records but are also involved in shaping business strategies. 
  10. Specialization and Professional Growth: The profession is expected to become more specialized. Opportunities for continuous professional growth in response to evolving business needs.
  11. Adapting to Changing Trends: Accountants must adapt to changing economic and business trends. 

Market size of the animation industry in India until 2025

India's animation industry, valued at around 107 billion Indian rupees in 2022, has seen a significant growth due to the country's growing economy and wealthier population. The digital media industry in India has gained momentum, with the value of the digital media market forecasted to reach over 860 billion Indian rupees in 2025. 

The growth of animation has been driven by the proliferation of the internet and its accompanying technologies, which have led to a shift towards more personalized and convenient digital experiences. The industry has enlarged by about 29% in 2022, holding a significant market share of the media industry in India, with a compound annual growth rate of 35% between 2022 and 2023. 

The pandemic has catalysed the path towards digital evolution, favouring online experiences.

Apart from ICA EDU SKILLS FRANCHISE, there are top 5 animation franchises offered by franchise bazar that you might consider investing in 2024.

Top Skill Franchises To Start in India 2024

Kipina Kids Nursery 

Kipina Kids Nursery is a pre-school aiming to foster a lifelong love for learning in children by setting a strong foundation for a bright future. The school uses an enhanced Finland curriculum that balances play and guided learning with focused instructions to spark 21st-century skills. 

To expand its reach, the school is seeking like-minded organizations and social entrepreneurs to contribute positively to their communities and run successful businesses worldwide. The investment range is Rs. 5lakhs-10lakhs, with a franchise fee of Rs. 2lakhs-5 lakhs.

ToonSkool Advanced Animation Academy 

ToonSkool Advanced Animation Academy, founded in 2004, is India's premier source of animation education. It provides high-quality education through career centres and college collaborations. 

Through an MOU with Karnataka State Open University, it established and implemented India's first Animation degree course, a B.Sc. in Animation, in 2005. The curriculum is presently available at 13 prestigious colleges across India, with the first cohort of graduates anticipated to graduate in 2008. 

Toonskool is India's only animation education company that collaborates with academic institutions. Investment range of Rs. 20-30 lakhs.

EzeeLearning 

EzeeLearning is an online education portal by Apt EduSoft Private Limited, a growing organization focused on customer satisfaction. Driven by an experienced team, the company aims to provide high-quality e-learning solutions to individuals, educational institutions, and corporations. 

Their mission is to help them learn and improve their skills efficiently. Their vision is to become the most preferred online training company in terms of quality, affordability, availability, and delivery. The investment range is Rs. 5lakhs-10lakhs.

Star Features 

Star Features is India's first-age educational magazine, offering animation training, interactive games, educational content, and book publishing. Established in 2000 in Hyderabad, India, Star Features has a strong in-house R&D centre focused on content development. 

With over 700 titles, the company is one of the largest new-age content holders in India. Since 1983, Star Features has partnered with high-profile media houses and NGOs in India and abroad. 

The company is now expanding through the franchising model, with an investment range of Rs. 2 lakhs -5 lakhs. The company has a strong presence in media houses and NGOs in India and abroad.

Creative Ink Animation Institute 

Creative Ink Animation Institute (CIAI) was established in 2007 as a small-scale animation institute in the country. Today, it is a joint venture of IT professionals aiming to produce the best animators in the country. 

CIAI provides highly trained faculty and appointed studio artist trainers and lecturers. Franchisees can expect a profitable venture with returns directly proportionate to effort. As a business partner, CIAI offers unlimited opportunities for aspirations. 

The investment range is Rs. 5 lakhs-10 lakhs, and a small capital investment ensures the business is up and running in minimum time.

Conclusion

ICA Edu Skills Is India's Leading Training Institute, In Collaboration With NSDC, To Provide Quality and Affordable Training to Make Indian Youth Employable.

Animation franchises are gaining attention due to frequent movie releases, with top brands, with Franchise Bazar providing more information.

FAQs 

Who is the ICA's founder?

The Institute of Computer Accountants, sometimes known as ICA, was founded by Narendra Kumar Shyamsukha.

Does ICA offer job placement?

To enable efficient placement retention of candidates, ICA has a dedicated placement network extended across India on a national, zonal, state, and centre level.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.

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