Postgraduate entrance examinations, certificate qualifications, and the development of multiple and diverse abilities are all ways to become the next generation of college students to cultivate competitiveness.
According to public information, Beijing Wanxue Education Technology Co., Ltd. has completed a USD 100 million Series D financing in October 2019. The lead investor is Anda Fund, and Index Capital serves as the financial advisor for this financing.
Wanxue Education is an educational brand that provides high-end training in academic and professional development for college students. According to the official website, Wanxue Education starts with college students as a starting point and launches a series of services starting from the university period, including academic studies (college students’ career planning, examination training for grades 4 and 6 and postgraduate entrance examinations), and occupations (with teacher qualification Certificate, financial professional qualification certificate, job search training based on sub-sectors, national examination and public examination) and entrepreneurship training.
According to Baidu Encyclopedia, Wanxue Education currently has 26 provincial branches nationwide, covering a total of more than 300 large and medium-sized cities and more than 2,000 teaching centers. There are nearly 2,000 staff members in the country and nearly 4,000 part-time employees, and more than 2 million students have been tutored.
From the perspective of the trend, when university education becomes the “standard” for a new generation of people, undergraduate education will no longer have a strong competitive advantage, which can be seen from the record number of postgraduates. Postgraduate entrance examinations, certificate qualifications, and the development of multiple and diverse abilities are all ways to become the next generation of college students to cultivate competitiveness.
Compared to startup companies, Wanxue’s advantages are: 1) Covering more than 300 cities offline, and building brand trust of new users with offline stores, such as Haiwen Kaoyan; 2 ) In the past 14 years, he has developed a number of businesses for academic and employment examinations in colleges and universities, from relatively basic levels of Level 4 and 6 and teacher qualification examination training to more difficult financial qualifications and postgraduate training. Most vocational education brands mostly use a single test to establish their brand image, and they need to renew their brand image when expanding their business horizontally.
According to Zhang Rui, founder and chairman of Wanxue Education, the financing will be used to complete the nationwide research and development of the “optimal education planning and learning integration system based on professional goals” and the existing product matrix. layout. The post-graduate pass rate of 10,000 students is more than three times that of the industry’s second highest, but the promotion of academic qualifications is only a variable to optimize career development. Wan Xue in comprehensive researchBased on the complete paths and learning tasks required for the career development of youth groups, the “optimal education planning and learning integration system” developed on the basis of youth can help young people to accurately select the most suitable for professional goals, configure knowledge acquisition and ability growth. Best paths and resources.
One of Wan Xue’s investors, Yan Song, the former director of Haoran Capital, said that product quality is the foundation of enterprise success. The number of trainees who have passed the Wanxue entrance examination training is as high as 71%. The percentage of students who have learned the core quality and employment and entrepreneurship training is significantly higher than that of normal job seekers. Wanxue also provides a variety of new products and services to nearly a thousand universities, including most of the 985 universities.