An Insight into the Financial Challenges and Sustainability of Private Early Childhood Education Centres in Malaysia

The financial sustainability of early childhood education (ECE) centres in Malaysia is a critical concern since these institutions play a pivotal role in the developmental stages of young children. The increasing cost of governing businesses today has also significantly impacted the operations of educational institutions such as private early childhood centres in various ways. Early childhood operators are today facing numerous challenges that impact their ability to maintain financial stability. The ultimate purpose of this study was to unravel the complex web of challenges faced by operators of early childhood education (ECE) centres in Malaysia, with a deep focus on understanding their financial sustainability strategies. The research used a comprehensive qualitative approach to explore the challenges faced as well as capture rich insights on the strategies used by ECE operators, shedding light on informed strategies and policies that can strengthen the financial base of ECE centres.

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Publication Details

Journal
International Journal of Academic Research in Business and Social Sciences
Published
2024-08-15
DOI
https://doi.org/10.6007/ijarbss/v14-i8/22257
Citations
1
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.95
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article

An Insight into the Financial Challenges and Sustainability of Private Early Childhood Education Centres in Malaysia

Izawati Ngadni, Gurdip Kaur Saminder Singh
1 citations
International Journal of Academic Research in Business and Social Sciences
Islamic Finance and Banking Studies
0.95
article

An Insight into the Financial Challenges and Sustainability of Private Early Childhood Education Centres in Malaysia

Izawati Ngadni, Gurdip Kaur Saminder Singh
article en
1 citations

Abstract

The financial sustainability of early childhood education (ECE) centres in Malaysia is a critical concern since these institutions play a pivotal role in the developmental stages of young children. The increasing cost of governing businesses today has also significantly impacted the operations of educational institutions such as private early childhood centres in various ways. Early childhood operators are today facing numerous challenges that impact their ability to maintain financial stability. The ultimate purpose of this study was to unravel the complex web of challenges faced by operators of early childhood education (ECE) centres in Malaysia, with a deep focus on understanding their financial sustainability strategies. The research used a comprehensive qualitative approach to explore the challenges faced as well as capture rich insights on the strategies used by ECE operators, shedding light on informed strategies and policies that can strengthen the financial base of ECE centres.

International Journal of Academic Research in Business and Social SciencesVol. 14(8)
Education and Early Childhood Development (CA)
Quality Education
Openalex Percentile: Top 21%
Islamic Finance and Banking Studies
0.95
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An Insight into the Financial Challenges and Sustainability of Private Early Childhood Education Centres in Malaysia — Izawati Ngadni, Gurdip Kaur Saminder Singh · International Journal of Academic Research in Business and Social Sciences (2024) | TGRS Research Map | TGRS