Domestic Economy
0

Iran: Massive Sums Keep Flowing Into Concours Business

Concours, originally a French word for contest or competition, in Iran refers to a standardized national test used as a yardstick to gain admission to higher education
Massive Sums Keep Flowing Into Concours Business Massive Sums Keep Flowing Into Concours Business

University students-to-be have just selected their major of choice after sitting for the so-called Concours, the nationwide entrance exam, last month.
The upcoming new academic year in Iran starts Sept. 23.
Concours, originally a French word for contest or competition, in Iran refers to a standardized test used as a yardstick to gain admission to higher education. The academic future of students is determined based on their score in the exam.
At least 10% of all applicants who become eligible for applying for higher education institutions use consultancy services for choosing their future majors.
Counseling packages can cost between 6 million rials ($50) and 20 million rials ($170). 
Consider the 83,000 applicants paying an average of 13 million rials ($110) for counseling and the market size exceeds 1,079 billion rials ($9 million). This turnover only pertains to one week, as applicants have no more than seven days to select their future majors. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com