Developments in the Studying Abroad Sector
If we compare the trends of studying higher education abroad that were 10 years back to now, it may seem that only the figures have changed, increased at that. However, not only the students have grown to large numbers but also have actively participated in the research teams abroad generating high revenues for the most developed countries.
Statistics tell a lot about the changing structures of abroad education. According to Forbes, the number of students choosing foreign universities over the one in the home country have risen to 4.7 lakhs a year. And, the number is growing each day! More than one lakh students choose United States as their host country, while United Kingdom captures a share of one lakh students leaving about fifty thousand for Australia.
Foreign education enhances your exposure towards the latest technologies, working environment, education system, and the policies of international industry. In fact, companies like Intel Corporation and Microsoft have 25% of Indians in their workforce. Does this imply anything?
Yes!! The fact that Indians are choosing to study abroad, has helped India leave its footprints on the world market. Major industries that have led the world are technology, finance, and software. Should you count the number of Indian citizens in these global sectors, you would realize what effect has the population created. The great part of this analysis is that most of them have returned to India to set up their own business, call centers and invest rather than spending overseas, as the gratefulness in India is higher than the other countries.
Following the global trends, countries like Singapore, Ireland, Netherlands, Norway, Sweden, and more have turned towards Indian students for admissions in their esteemed universities. Unlike the early 90s, the countries now are working hard on attracting international students. Partnering with various renowned overseas education consultants, these countries offer scholarships, grants, and bursaries by waving off 50%-100% tuition fees.
Australian colleges are seeing energetic development this year in India enlistments, Canada keeps on seeing solid and developing hobby, and the U.S. – we think – is set for a bounce back throughout the following couple of years. Then, optional accepting countries, for example, China, Germany and New Zealand are seeing development in enthusiasm among Indian understudies. On account of Germany and China, expense might be a vital component, while changes to movement laws in New Zealand are offering the part some assistance with recovering from the overwhelming effects of the Christchurch seismic tremor, which brought about a noteworthy loss of universal understudies in the nation.Read more....