Project on Peak High

Submitted to :
Dr.Parikshat mahnas
 INDEX

Introduction

Promoter’s biodata

Location selection
Key features

Legal formalities

Building structure

Financial analysis

Technical analysis

Economic analysis

Environmental analysis

Norms for the school

Building outlay

Annexures
 INTRODUCTION

Litigious terms, fat contentions, and flowing fees.

-John Milton(1608-1674)

1.1 CONCEPT OF PROJECT

BRIEF INTRODUCTION TO EDUCATION IN INDIA

History of Education, theories, methods, and administration of schools and other agencies of

information from ancient times to the present. Education developed from the human struggle for
survival and enlightenment. It may be formal or informal. Informal education refers to the general
social process by which human beings acquire the knowledge and skills needed to function in their
culture. Formal education refers to the process by which teachers instruct students in courses of
study within institutions.

Before the invention of reading and writing, people lived in an environment in which they

struggled to survive against natural forces, animals, and other humans. To survive, preliterate
people developed skills that grew into cultural and educational patterns. For a particular group’s
culture to continue into the future, people had to transmit it, or pass it on, from adults to children.
The earliest educational processes involved sharing information about gathering food and
providing shelter; making weapons and other tools; learning language; and acquiring the values,
behaviour, and religious rites or practices of a given culture.

Through direct, informal education, parents, elders, and priests taught children the skills and roles
they would need as adults. These lessons eventually formed the moral codes that governed
behaviour. Since they lived before the invention of writing, preliterate people used an oral
tradition, or storytelling, to pass on their culture and history from one generation to the next. By
using language, people learned to create and use symbols, words, or signs to express their ideas.
When these symbols grew into pictographs and letters, human beings created a written language
and made the great cultural leap to literacy.

Education for the elite has been a tradition in India since the beginnings of its civilization. Great
Buddhist universities at Nalanda and Taxila were famous far beyond India’s borders. Withholding
education from the non-elite, including women, has also been a tradition. The lowest caste
members, including the Harijans and non-Hindu tribal groups, were denied the right even to hear
the Vedas, sacred Hindu texts, recited.

State governments control their own school systems, with some assistance from the central
government. The federal Ministry of Education directs the school systems of centrally
administered areas, provides financial help for the nation’s institutions of higher learning, and
handles tasks such as commissioning textbooks. The Indian education system is based on 12 years
of schooling, which generally begins at age 6 and includes 5 years of primary school, 3 years of
middle school, 2 years of secondary school, and 2 years of higher secondary school. Completion of
higher secondary education is required for entry to institutions of higher education, which include
universities and institutes of technology. While most students enrol in government schools, the
number of private institutions is increasing at all educational levels. Indians have a right to
establish institutions to provide education in their native language and with a religious or cultural
emphasis, although the schools must conform to state regulation of teaching standards. Students
begin specializing in subjects at the level of higher secondary school. A university typically has
one or more colleges of law, medicine, engineering, and commerce, and many have colleges of
agriculture. Prestigious and highly selective institutes of management have been established. The
educational establishment also includes a number of high-level scientific and social science
institutes, as well as academies devoted to the arts.

In 1998–1999 elementary and middle-level schools enrolled about 135 million pupils, and
secondary schools, 51 million. Total yearly enrolment in institutions of higher education was 10.6
million. The universities of Calcutta, Madras, and Mumbai, founded in 1857, are the oldest still
operating in India, although colleges existed in those cities before that date. Other major
universities in India include Banaras Hindu University (1935), in Vārānasi; Alīgarh Muslim
University (1875), Jawaharlal Nehru University (1969), and Indira Gandhi Open University (1985)
in New Delhi; Bangalore University (1964); the University of Calicut (1968); Chhatrapati Shahuji
Maharaj University, Kānpur (1966); the University of Delhi (1922); Gauhati University (1948);
Gujarāt University (1949); Kameshwara Singh Darbhanga Sanskrit University (1961); the
University of Kerala (1937), in Thiruvananthapuram (also known as Trivandrum); the University
of Mysore (1916); the University of Pune (1949); and the University of Rājasthān (1947), in
Jaipur.

A school is an educational institution. Like air, water, food the UN has put the education in the
basic needs. This is also included in the amendment in the Indian constitution as well. It has
therefore been imperative that education is no more a want or a demand but a need.

The basic and fundamental sources of the education are: -

1. Home
2. School
3. Society
4. Govt.
5. Radio/T.V/ Information Technology.
6. Press/ Publication.

Here we are touching only one aspect i.e. school where controlled environment shapes the overall
development of the child. The limited scope of the school education in terms of association
constitutes 19% where as 81% time of a child is spent with remaining factors of education.
Therefore, the necessity of co-ordination, cooperation and other factors is essential.

The educational institution started with the sole aim of contributing to the overall well being of the
mankind takes roots more comfortably and economic growth follows. The aim is economically
beneficial model.

The school which is mentioned here is: - PEAK HIGH. The location considered was Channi
Ramma in district Jammu. As far as the competition is concerned, there are very few schools
present in the area.
1.2 VISION

The aim is to be an institution of excellence, dedicated to bring into being leaders of the future.

1.3 MISSION

To fulfill the vision, “Peak high” provides an environment in which every student discovers and
realizes his full potential. The school should attract the best talent - students, faculty, trainers and
facilitators - from all parts of India and the world, without distinction of race, religion, caste, or
social status.

The “Peak high”, must maintain a sharp focus on the pursuit of knowledge and skill. In particular,
it must attain the highest academic standards.
 
 PROMOTERS PROFILE

The school named “Peak high”is being promoted by the five MBA’s from the Department of the
Management Studies University of Jammu. The respective qualification of the different promoters
is as given below: -

Mr. Ankit Magotra

B.Tech Computer Science and Engg.
MBA (marketing/finanace)
Address: 567-A Gandhi Nagar, Jammu, J&K 180004

Mr. Arjun Singh

Bsc(Biotech) from CCS university Meerut
MBA (marketing/HR)
Address: Sec-4 Railway Road, Nanak nagar ,Jammu, J&K 180001

Ms. Asma Hamal,

B.E CSE from the MBSCET,
MBA (finanace/HR)
Address: - A-4, residential complex New university campus, jammu , J&K.

Mr. Kashyap Gupta,

BBA from SPMR college of commerce.
MBA (marketing/finanace)
Address: H.No-10 sec-7 Trikuta Nagar, Jammu, J&K 180006

Ms. Preeti Jamwal,

B.E CSE from the GCET,
MBA (finanace/Marketing)
Address: - Sarojini Naidu Hostel residential complex New university campus, jammu , J&K.
 REASONS FOR SELECTING THE LOCATION OR SITE

3.1 LOCATION
Location of the institution is an important aspect of the development of any business plan. -

Connectivity: -
The institution should be located on the main road where buses, trucks, cars, jeeps, autos and
other vehicular facilities are available and parents/student do not face any problem in
communicating.

Land: -
Land is one of the important factors to decide the status of the institution, one wants to build.

S.NO PARTICULARS MIN. LAND REQD AV. LAND REQD

1. PRIMARY SCHOOL 1 KANAL > THAN 1 KANAL
2. MIDDLE SCHOOL 2 KANALS > THAN 2 KANALS
3. HIGH SCHOOL 4 KANALS > THAN 4 KANALS
4. HIGHER SEC.
SCHOOL 6 KANALS > THAN 6 KANALS

Cost: -
The cost of the land varies with respect to its location, connectivity i.e. whether approachable
by the main road or lanes and the density of the population. The site and the institution, which
we brought under preview for, the project stands located on the main road of channi Rama
By-Pass, Jammu opposite Highland motors,District-Jammu, J&K state. The cost of the land is
presently 5 lakhs and the institution has 6.25 kanals of the land.

3.2 SITE DEVELOPMENT

 Catchments area: -
The catchments area of the institution is Narwal ,Bathindi,Channi,Sainik Colony and trikuta
Nagar.

Site development: -
Since the land stands in the arid area where bushes and the unwanted trees were removed and
leveling of the area was done to create space for the institutional structure and the
playground.The cost of leveling etc is Rs.30, 000.

Infrastructure: -
The cost of the brick wall with foundation is 1:3:6 concrete and 40% boulders and brick wall
is Rs. 3 lakhs. The internal roads were of the order of Rs. 40,000. The first thing to be built
was the water tank, 12ft*10ft*8ft followed by the chowkidar quarter, store room and a/c’s
section costing Rs. 2.5 lakh. The gate with the visitors i.e. the small gate is inclusive of the
above cost.

Feasibility and the Viability

Since the area stands in the urban habitat, therefore feasibility of running a good institution
assumes importance. The thought was given to such an institution that competition and
comparison with the local academies could be non-resistant. This being the basic idea, the
first language of the teaching was conceived and implemented as the English and different
languages like French,mandarin, will prove to be the distinct factor .This concept demanded
intelligent and the hard-working teachers. This type of the institution is non-resistant in the
area and it has resulted into huge rush from all over J&k. The other factor being the
coeducation, high level computer programming at middle classes ,special aerobic classes ,
etc.

3.3 FEE STRUCTURE

 Being the urban area and the students coming from the distance of 15 Km’s, the fee structure
have to be kept affordable and attractive in comparison with the services being rendered. The
monthly fee depended upon the class in which the student is studying. To balance the rush of
the parent’s, entrance examinations is made compulsory and only the deserving children is
given the admission. For economically weaker sections fee concessions were allowed.

3.4 STAFF

For the good education institution the good teacher forms the nervous system. Therefore the
teachers who are employed, are skilled and experienced in their respective fields.
The other staff includes supervisory, accounts, helpers and chowkidar
 FEASIBILITY ANALYSIS

GENERATION OF
THE IDEAS

INITIAL SCREENING

IS THE IDEA PROMISING

YES

PLAN FEASIBILITY
ANALYSIS
NO
TERMINATE

MARKET TECHNICAL
ANLYSIS ANALYSIS

FINANCIAL
ANALYSIS

ECONOMIC ANALYSISAND ENVIRONMENT ANALYSIS

NO IS THE PROJECT WORTHWHILE

YES
TERMINATE
PREPARE FUNDING
PROPOSAL
 LEGAL /GOVERNMENT FORMALITIES

The following formalities are common for getting recognition from the government: -

Government appoints an inspection officer to inspect the institution and after this inspection the
school authorities have to file in four copies of the file with the following documents: -

Management committee duly approved by the competent authority.

By-laws of the institution.
Non-involvement certificate of the school principal and the other committee members.
Land/Ownership proprietary rights of the school.
Income tax clearance and accounts by the chartered accountant.
Staff statement.
Teachers with qualification statement.
Subjective timetable.
Teacher wise timetable.
Enrollment statement for boys and the girls.
Fee structure.
Inventory of articles of the school.
Library articles.
Map of the school structure showing the grounds, room etc….
Colored photographs of the institution.
Copy of the pay bills or the salary bills of the staff.
The approval recognition is given by the secretariat, Education department.

Different subheads of the accounting

The subheads of the accounting section of the institution go on increasing as the status of the
institution grows.
As far as the establishment expenses are concerned, for running a good institution, the gestation
period is lengthy. The gestation period sometimes goes beyond 7 years.
 BUILDING STRUCTURE

ABOUT THE BUILDING

The idea is to start the institution with higher secondary level. Keeping this in view the present
structure of the building is: -

Class rooms: - 30 rooms

Staff rooms: - 2 rooms
Library: - 1 rooms
Laboratories: - 8 rooms
Stores: - 1 rooms
Administrative block: - 4 rooms
Toilets: - 4
Computer lab: - 2 room
Sports room: - 1 room
4th class employee: - 2 rooms

HOSTEL BUILDING.

S.N BOYS HOSTEL GIRLS HOSTEL

O
1. 10 ROOMS 10 ROOMS
2. 3 TOILETS. 3 TOILETS
COMMON ROOMS: -

Guest room.
Entertainment room.
First-aid room.
Then there are warden rooms for the boys and the girls respectively.

AUDITORIUM
Seating capacity: - 200

MESS/CANTEEN
Seating capacity: - 70

STAFF QUARTER: -
For the convenience of the teaching staff which has come from various parts of the country there
are:

Four quarters with attached bathrooms.

 FINANCIAL ANALYSIS

To judge a project from the financial angle, mainly we need information about the following:-
 Cost of project
 Means of financing
 Working capital requirement and its financing

COST OF PROJECT:-

Conceptually, the cost of project represents the total of all items of outlay associated with a
project, which are supported by long-term funds. It is the sum of the outlays of the following:

 Land and site development

 Buildings and civil works
 Plant and machinery
 Technical know-how and the engineering face.
 Expense on foreign technician
 Miscellaneous fixed asset.
 Preliminary and capital issue expenses
 Preoperative expenses
 Provision for contingencies.
 Margin money for the working capital.
 Initial cash losses.

MEANS OF THE FINANCE: -

To meet the cost of the project, the following means of finance are available: -

 Share capital.
 Term loans.
  Debenture capital
 Deferred credit
 Incentive sources
 Miscellaneous sources.

Now for raising loans from any institution, it should be kept in mind that the debt-equity ratio
should be 2:1.

COST OF PROJECT

S. NO. PARTICULARS VALUE(in lakhs)

1 LAND AND SITE DEVELOPMENT 0.50
2 BUILDING 124.00
3 EQUIPMENTS AND FIXED ASSETS 44.50
4 PRE OPERATIVE EXPENSES 2.60
5 MARGIN MONEY FOR WORKING CAPITAL 1.50
6 CONTINGENCIES 5.00
TOTAL 178.1

MEANS OF FINANCE

S. NO. PARTICULARS VALUE(in lakhs)

1 CAPITAL 45.00
2 BARODA VIDYASTHALI LOAN 133.10

TOTAL 178.1

Baroda Vidyasthali Loan

Baroda Vidyasthali Loan is a special scheme for financing Educational Institutions.

PURPOSE
To meet the financial requirements for setting up the institutions which includes construction of
building, purchase of equipment etc. for the new set up as also renovation of the existing facilities,
purchase of instruments for imparting education training to the students.

ELIGIBILITY

Educational institutions, Schools, Colleges and other education bodies running education activities

Note : HUF are not eligible.

LIMIT

Minimum Rs.25 lacs

Maximum Rs.10 crores

SECURITY

Equitable mortgage of Land & Building (not agricultural land).

Hypothecation of Instruments & Equipment acquired out of the loan and other assets of the
Educational Institution.

Personal guarantees of the Promoters of the Institution.

MARGIN

25% of the cost of the project.

RATE OF INTEREST

Base rate plus 3.50% p.a

REPAYMENT PERIOD
Maximum 84 months including moratorium period of 1 year, depending upon the projected cash
flow.

http://www.bankofbaroda.com/bbs/vidyasthaliloan.asp

DETAIL AND COST OF LAND AND SITE DEVELOPMENT

S. NO. PARTICULARS AREA TOTAL COST(in

lakhs)
1 LAND 5.75 KANALS Contributed by
promoter
2 SITE DEVELOPMENT 0.50
TOTAL 0.50

DETAIL AND COST OF BUILDING

S. NO. PARTICULARS NUMBER COST/ROOM TOTAL COST

(in lakhs) (in lakhs)
1 CLASSROOM 30 2.50 75.00
2 COMPUTER ROOMS 2 3.00 6.00
3 LABS 8 2.00 16.00
4 STAFF ROOM 1 1.50 1.50
5 STAFF LOUNGE 1 2.00 2.00
6 BATHROOMS 6 1.50 7.50
7 OFFICE 3 1.50 4.50
8 STORAGE 1 0.50 0.50
9 LIBRARY 1 5.00 5.00
10 GYMNASIUM 1 6.00 6.00
TOTAL 124.00

DETAIL AND COST OF EQUIPMENT AND FIXED ASSET

S. NO. PARTICULARS UNITS COST/UNIT TOTAL COST

(in lakhs) (in lakhs)
1 FURNITURE - 15.00 15.00
2 COMPUTERS 30 0.20 6.00
3 LAB EQUIPMENTS - 10.00 10.00
4 AIR CONDITIONERS 10 0.15 1.50
 5 GYM EQUIPMENTS - 3.00 3.00
6 BOOKS - 5.00 5.00
7 STATIONERY - 2.00 2.00
8 MISC. - 2.00 2.00
TOTAL 44.50

DETAIL OF PRE-OPERATIVE EXPENSES

S. NO. PARTICULARS COST(in lakhs)

1 ESTABLISHMENT EXPENSES 0.10
2 TRAVELLING 0.05
3 PRINTING,POSTAGE,TELEPHONE ETC. 0.05
4 INSURANCE DURING CONSTRUCTION 0.20
5 START UP EXPENSES 0.10
6 LEGAL EXPENSES INCLUDING STAMP 0.60
DUTY
7 FEES TOWARDS VARIOUS GOVT. 1.50
DEPARTMENTS(INCLUDING UTILITIES)
TOTAL 2.60

DETAIL OF MAN POWER REQUIREMENT AND WAGES AND SALARIES

S. PARTICULARS NUMBER SALARY/MONT SALARY BENEFITS TOTAL

NO H (in lakhs) (in lakhs) SALARY
. (in lakhs)
1 DIRECTOR 1 0.50 6.00 0.50 6.50
2 PRINCIPAL 1 0.30 3.60 0.40 4.00
3 VICE 1 0.25 3.00 0.25 3.25
PRINCIPAL
4 FACULTY 30 0.12 1.44 0.20 49.2
5 LAB AND 10 0.07 0.84 - 8.40
TECH.
ASSITANTS
6 COACHES 2 0.06 0.72 - 1.44
7 LIBRARIAN 2 0.04 0.48 - 0.96
8 OFFICE 4 0.05 0.60 - 2.40
 CLERKS
9 RECEPTIONIST 2 0.04 0.48 - 0.96
10 ORDERLY 5 0.025 0.30 - 1.50
11 GAURD 2 0.025 0.30 - 0.60
TOTAL 79.21
 DETAIL OF INTEREST CALCULATION AND PAYMENT OF LOAN

YEARS OPENING REPAYMENT CLOSING INTEREST @

BALANCE BALANCE 12%
0 133.10
1 133.10 28.20 79.80 9.19
2 104.90 28.20 66.5 9.19
3 66.50 28.20 53.2 9.19
4 53.20 28.20 39.9 9.19
5 39.90 28.20 26.6 9.19
6 26.60 28.20 13.3 9.19
7 13.30 28.20 0 9.19
TOTAL 197.40 64.30

DETAIL OF FEES AND OTHER INCOME SOURCES

For 600 students (50%) for first year

S.N0 PARTICULAR VALUE TOTAL(in lakhs)

1 ADMISSION CHARGES 0.25 150.00
2 FEES 0.06 36.00
3 TRANSPORTATION 0.036 21.6
CHARGES
4 SCHOOL UNIFORMS 0.01 12.00
5 CLUB FEES 0.05 30.00
6 MISC. 0.005 3.00
TOTAL 252.6

PROFIT AND LOSS A/C

PARTICULARS AMT.(in lakhs) PARTICULARS AMT.(in lakhs)

TO MATERIAL 5.00 BY FEES 252.6
TO SALARY AND 79.21
WAGES
TO UTILITIES 15.00
TO ADVERTISEMENT 5.00  
TO LOAN PAYMENT 28.20
@12%
TO INSURANCE 0.50  
PREMIUM
TO MISC. EXPENSES 6.00  
TO DEPRECIATION 33.7  
@20%
TO NET PROFIT 79.99
TOTAL 252.6 TOTAL 252.6
PROFITABILITY = 31.66%

CAPACITY AND ADMISSION PROGRAMS

S.NO

CAPACITY WORK DONE

1. NAME OF THE IMPARTING EDUCATION
PRODUCT/ACTIVITY
2. NO. OF WORKING DAYS
IN A YEAR
OFFICE 220 DAYS/YEAR
SCHOOL 220 DAYS/YEAR
3. WORKING HRS/DAY 6 HRS/DAY
4. ADMISSION CAPACITY STUDENTS PER CLASS
40 x 30 = 1200

TECHNICAL ANALYSIS

Analysis of technical and engineering aspects is done continually when a project is being
examined and formulated. Other types of analysis are dependent and are closely intertwined with
technical analysis.
Technical analysis is concerned primarily with: -
 Materials input and utility.
Basic raw materials.
Industrial products and processed components.
Auxiliary materials.
Utilities (electricity, water)
Manufacturing processes and technology
Availability of alternate technologies.
Choice of technology.
I. School capacity
II. Principal inputs
III. Initial plan outlays and cost of production.
IV. Latest developments.
V. Product mix..
VI. Ease of application

Acquiring technology
Appropriateness of technology
Product mix.
School capacity.
Location and site.
Teaching staff and equipments.
Structure and civil works.
Projects charts and layouts.
Work schedule.

As far as technical analysis of this particular school is concerned, so what we did, we gave the
contract on the basis of Rs.200 per square feet including the raw material for the construction of
the building. The proposed plan is to construct the school till the 12 th level but for the time being
the school is opened till 8th class i.e. middle level.
The electricity, water and other facilities like telephone can be had from the respective
departments.

School is having the upcoming technology in all the fields, which we can think of. School capacity
is 480 presently but it will be increased in the near future. For the teaching, experienced teachers
are taken in each and every subject.
 ECONOMIC ANALYSIS

We know that the schools are the pillars of the society because these are the one’s on whom the
future of the society is dependent. The students who are groomed and educated well from the
beginning are asset to the society.

SCBA i.e. social cost benefit analysis is important part of the economic analysis. Under this, the
investment of the project is studied from the point of view of the society. They take into account
social cost and social benefits.

In this particular project, society has been given utmost importance in the sense that all the roads to
the school are repaired properly so that the vehicular movement and the communication become
easy. It will be helpful not only for the school but all the other members of the society who live
there.

Besides that good education will lead to the upliftment of the society as after receiving education
from this fine institute they will be able to raise the standard of education of not only their family
but the society at large.

The questions that ought to be answered in the social cost benefit analysis are: -

What are the direct economic benefits and costs of the project measured in terms of the
shadow prices and not in the terms of market prices?

What would be the impact of the project on the distribution of the income in the society?

What would be the impact of the project on the level of savings and investment in the
society?
 What would be the contribution of the project towards the fulfillment of the certain merit
wants like self-sufficiency, employment and social-order?

ENVIRONMENTAL ANALYSIS

In recent years, environmental concerns have assumed a great deal of significance. The key
questions raised in ecological analysis are:-

What is the likely damage caused by the project to the environment.

What is the cost of restoration measures required to ensure that the damage to the
environment is contained with in acceptable limits.

To tackle these environmental issues the main issues in this project will be :-

Light through solar panels.

Laboratory wastage has to be dumped properly
There will be a proper drainage system in the school.
There will be greenery in the campus in the form of trees and plants to keep the
environment clean and healthy. Also as a eco friendly move the children admitted will
be given a plant to take care off.
 NORMS TO BE FOLLOWED IN THE SCHOOL

FOR STUDENTS:

The timings to be followed for the school:-

Summer: - 8a.m to 1p.m
Winter: - 9a.m to 3p.m

Uniforms should be: -

White shirt and grey skirts for girls
White shirt and grey pants for boys
Ties, belts are compulsory dress wear.

Personal hygiene should be maintained.

Lab coat should be worn while in the labs.

No indiscipline in the corridors.

Anything lost should be kept in the lost property box.

FOR FACULTY:

According to the norm in the industry 12 earned leave and 12 casual leave will be provided.

FOR MANAGEMENT COMMITTEE:-

Management Committee should meet once in a month.

 School Blueprint

Proposed Site