One of the blossoming business opportunities that has appeared on the Canadian westcoast, is the opening up of education or college accreditation enterprises.
These are the privately run, for profit ventures, tapping into the minds and wallets of families who desire a “western” education for their children, or for themselves.
Some of these enterprises cater to the high school market, and others to the higher education market. Still a mildly regulated field, a few Vancouver based education businesses have run afoul with the law, with some “schools” just taking tuition then closing up shop shortly afterwards, and others who are offering “certificates” for cash.
Even some of our publicly funded institutions are in it for the cash.
Have a look around some of the major Asian airport terminals. There you will see all sorts of posters and advertisements on education opportunities in Canada.
Yes. You can earn an Executive MBA… at a price of course.
Here is an interesting story from Global Times on-line:
Global Time, March 09 2010
by Zhai Qi
She walked fast, talked faster. Her plastic identity tag bounced around her trim belly.
Emerging from a luxury office in the China World Trade Center with a mobile phone latched to her ear, Louis Vuitton hanging on her arm, she joined the long line at the coffee shop.
She looked exactly like any other besuited businesswoman working in this high-end Beijing business building: just another successful member of the Chinese mainland’s modern bourgeoisie.
The young project manager for an international investment firm named herself “Shirley” Li. At age 29, Li pretty much has it all: a well-paid job, a 3-million-yuan, two-bedroom apartment and a handsome man she actually loves. If everything goes according to plan, they will marry this October. Everything is just perfect, except one thing.
From morning to night, Li lives in fear of that one thing, and no amount of material acquisitions will relinquish that fear.
Li bought her degree and came back to China four years ago, after living five years in Canada. She paid $3,500 Canadian dollars (22,700 yuan) to graduate instantly from the University of Western Ontario’s Richard Ivey School of Business, one of the most prestigious universities in Canada. With a high honors degree in commerce, Li easily obtained a job at an international bank before she hopped to an investment firm.
“I was kicked out of school because I failed too many courses,” Li murmured, sipping her coffee. “I was so disappointed because I couldn’t tell this to my mom. It’d be a disaster for her, and she has such high expectations of me.
“So I found a guy online and he helped me buy the whole package including a diploma and two transcripts.”