Rationale for launching the business

The source of this business idea is based on the experience. Nepal became the 147th member of the WTO in 2004. Joining WTO the demand of internationally competent individuals has been increased. But there are very few numbers of universities and institutions affiliated to these universities providing the standard form of business studies. Thus there is a gap in between the demand of the international level of business studies and the number of institutions providing such education. Around 2000-3000 number of management students are under graduating every year and besides these there are another 1000's of student from different faculty like economics, engineering that opts for the MBA degree. Few numbers of Nepalese universities (together with its affiliated colleges) and other colleges with foreign university affiliations with their limited seats is not able to fulfill the demand of business studies in Nepal because of which most of the students fly abroad like United Kingdom, United States of America, Australia and so on to pursue the higher studies. Before joining Bedfordshire I had an experience of being one among the mass trying for MBA degree from reputed Nepalese University. Thus, realizing the gap between the demand of the internationally competent management studies and the universities providing management studies I had decided to establish a practical education based Business School in Nepal together with mine other five friends. Three of my friends have done MBA from the three different Nepalese University. One of my friends has done MBA from India and one friend and I are from the UK University. So bringing all the experiencing together and providing practical based business education in Nepal has a huge possibility in education sector.

Market Size and Growth
Realizing the importance of the doing business nationally and internationally, studying MBA has been a necessity and trend in Nepal. There are 100s' of colleges providing the undergraduate management studies and produces the 1000s' of undergraduates each year. Besides this there are 1000s' of undergraduates from different faculty who try for MBA. The number of colleges providing the undergraduate management study is growing each year there by increasing the number of undergraduates each year. The gap between the increasing number of students demanding for business studies and lack of good college providing business studies leaves there a huge number of untapped markets. Thus, the market size for Business School is very huge with huge growth potential. Since there is no any institution providing MBA degree outside Kathmandu our Business School will be tapping the market outside the Kathmandu valley as well within 2 years of its operation which will help to increase its market share. 

Selection of location
Baasbari of Kathmandu is selected for the establishment of the Business School. Centralization of facilities in capital city Kathmandu has made Kathmandu a city of dream where most of the youngsters from different parts of Nepal come to fulfill their dream and to obtain their higher educations. There is no any institution outside the Kathmandu valley that provides MBA degree. Thus, to get enrolled in MBA students from different parts of country come to Kathmandu. Thus, Kathmandu holds a huge market base for the business studies. Thus it is the perfect location to establish a Business School. Some reasons for selecting Baasbari-Kathmandu for establishing Business School:
·         Kathmandu holds a huge customer base.
·         Several multinational companies, banking institutions, business houses, and capital markets has their head-office and business operations in Kathmandu which adds to the easy access to the business organizations.
·         Baasbari of Kathmandu is less crowded as compared to other part of Kathmandu so it provides a peaceful learning environment.
·         Baasbari lies outside the ringroad so large area of land can be purchased at comparatively low cost.

Proposed Customers
People today are being smarter than ever. Practical education offering a real work environment experience has been the demand of every student today. Business studies has a tremendous effect on the standard of living and quality of life of every individual and realizing this fact the demand for the business studies it has been increasing day by day and Nepal is no more aloof of it. Thousands of students each year from hundreds of business colleges do under graduate each year from different parts of Nepal. And the number is increasing year by year.  After the under graduation those students opt for achieving degree on MBA together with other hundreds of students from different faculties. Unlike the increase in the number of students opting for MBA there are no much institutions or universities providing MBA degree that could hold the increasing mass of students. Thus, thousands and thousands of students inside the Kathmandu valley and outside the Kathmandu valley who come to Kathmandu with an aim of achieving the MBA degree are the prospect customers of our Everest Business School.