A Review of Financial Patterns on Higher Education within the BRICS Nations: A Case Study on South Africa

Abstract

This paper discusses how the analysis of investment trends in human capital in the BRICS nations is executed. First, the background of the study sets the research into momentum, highlighting the role of education in the economy and how the economy, in turn affects, education. More aspects of education such as the three levels of education (primary, secondary and tertiary education), their importance, the accessibility and financing of education and eventually its dichotomy, are discussed. It is from the background that the problem statement is derived, which gives rise to the purpose of the study. The aims and objectives are derived from the problem statement, giving rise to the research questions. The importance of the study is also discussed in full view of the scope of the study. The methodology and the assumptions made in the study are briefly outlined, followed by the definition of terms and the layout of the whole research.