Owning an educational center can be a lucrative business venture, but you should exercise caution. Avoid unapproved study centers and colleges that falsely claim affiliation with private universities; the University Grants Commission has warned against these schemes.
University study centre franchises offer students a range of academic programs. Some schools provide an all-inclusive curriculum, while others specialize in individual subjects like international franchising, finance or real estate.
Tariq Farid founded The Tariq Farid Franchise Institute at Babson College to combine their business and entrepreneurial curricula. Here, students learn about franchising through an online management certificate as well as an MBA with a franchising track.
The Titus Center for Franchising at PBA University, named in honor of Signarama co-founder Ray Titus, provides franchise education on multiple levels. Its courses range from real estate and financing to marketing strategies.
Graduate-level and undergraduate programs are offered, including an internship program to give students real world experience with the business world. Furthermore, The Rinker School of Business has a center dedicated to franchising which educates underrepresented people of color and women on franchising as a path towards entrepreneurship.
The University of Louisville, a public research university, has launched the Yum! Center for Global Franchise Excellence. This is the first business program of its kind at an American public university to educate franchisees on both the advantages and challenges of running a successful franchise business. Faculty and industry leaders will collaborate on research projects that bring real-world issues into classroom discussions.