South Africa’s education sector is in crisis. With failing public schools, high dropout rates, and an alarming skills gap, many young South Africans struggle to find pathways to employment. However, this crisis presents an opportunity for educational entrepreneurs. Opening a private Further Education and Training (FET) college is not only a profitable venture but also a solution to the country’s educational and employment challenges.
The failing public education system: A call for Private Colleges
Poor matric throughput rates
While South Africa’s matric pass rate is often reported as high—87.3% in 2024—this figure hides the true state of the education system. The reality is that most learners drop out before reaching Grade 12. According to research, only about 40% of students who start Grade 1 actually complete matric.
This means millions of young South Africans leave school without a qualification that allows them to enter tertiary education or formal employment. This dropout crisis presents an opportunity for private FET colleges to offer vocational training and alternative pathways for these individuals.
Low literacy and numeracy rates
The 2021 Progress in International Reading Literacy Study (PIRLS) found that 81% of Grade 4 learners in South Africa cannot read for meaning. This is one of the worst literacy rates globally. Low literacy and numeracy levels translate into poor workplace readiness and limited opportunities for school leavers.
A weak link between education and employment
Despite high university enrolments, graduate unemployment remains a problem. A significant mismatch exists between what schools and universities teach and what the job market requires. Many young people leave the education system with theoretical knowledge but lack practical, job-ready skills.
This is where FET colleges play a crucial role. They offer hands-on training that aligns with industry needs, making their graduates highly employable.
The solution: Private FET colleges offering NCV qualifications
One of the most attractive options for new private college owners is offering National Certificate (Vocational) (NCV) programs. These qualifications, accredited by Umalusi, are designed to provide learners with technical and occupational skills in high-demand fields at NCV Levels 2, 3 and 4 which are equivalent to Grades 10, 11 and 12 respectively.
What is an NCV qualification?
The National Certificate (Vocational) (NCV) is a high-quality alternative to the traditional matric. It is a three-year program (Level 2–4) that combines academic subjects with practical vocational training.
Who is NCV for?
What are the fields of study for the NCV?
NCV qualifications are available in multiple fields, all of which are aligned with South Africa’s key economic sectors. Each NCV program ensures students gain industry-relevant skills, making them more employable compared to general high school graduates.
|
Field of study |
Career pathways |
|---|---|
|
Engineering and Related Design |
Mechanical engineering, welding, toolmaking, motor mechanics |
|
Electrical Infrastructure Construction |
Electricians, renewable energy technicians, electrical engineering |
|
Civil Engineering and Building Construction |
Construction site management, quantity surveying, bricklaying |
|
Hospitality |
Hotel management, chef training, catering business |
|
Tourism |
Travel consultant, tour guiding, event management |
|
Office Administration |
Secretarial work, data capturing, business administration |
|
Finance, Economics, and Accounting |
Bookkeeping, financial advisory, entrepreneurship |
|
Information Technology and Computer Science |
Software development, networking, cybersecurity |
|
Education and Development |
Early childhood education, training facilitation |
|
Safety in Society |
Police services, security management, criminology |
|
Primary Agriculture |
Farming, agricultural business, food production |
|
Transport and Logistics |
Freight handling, supply chain management, warehousing |
Why opening an FET College is a profitable business venture
High demand for vocational training
With millions of South African youth out of school and unemployed, the demand for alternative education is massive. Many students do not qualify for universities but still need practical skills to enter the job market.
Private FET colleges fill this gap by providing affordable, career-oriented education that directly leads to employment.
Government incentives for skills development
The South African government actively supports vocational training through SETAs (Sector Education and Training Authorities). Employers are encouraged to sponsor students for skills training, creating a steady revenue stream for private colleges.
Lower costs, higher returns
Compared to universities, FET colleges have lower overhead costs. They require fewer facilities and can partner with industries for practical training. Additionally, NCV programs run for three years instead of four, meaning students complete their qualifications faster, leading to higher student turnover and revenue potential.
Accreditation adds business value
Accreditation through Umalusi, and registration with the Department of Education, ensures that your private FET College is recognized and respected. Offering accredited NCV qualifications gives students confidence in your programs and allows you to access government and corporate funding.
How Kayson Naidu can help you set up your Private College
Starting a private FET college requires expertise in accreditation, compliance, and business strategy. This is where Kayson Naidu comes in.
Expert Consulting Services by “I Was I Is I Am (Pty) Ltd”
With 30 years of experience in private education, Kayson Naidu provides end-to-end consulting services for new FET colleges.
Services Include:
His expertise reduces the usual 18–36 month registration process, helping you get approved and operational faster.
Conclusion: Take advantage of this business opportunity
South Africa’s public education crisis presents a profitable and socially impactful business opportunity. By establishing a private FET college, you can:
- Provide alternative education pathways for school dropouts.
- Offer industry-aligned NCV programs to increase youth employability.
- Capitalize on government funding and corporate sponsorships.
- Run a sustainable, high-demand business with low operational costs.
Ready to start your own FET college?
Don’t navigate this process alone. Get expert guidance from Kayson Naidu and fast-track your success in the private education industry.
Take the first step today! Contact Kayson for a consultation and start building your future-proof education business.
