05/02/2014
GLOBAL EDUCATION TRENDS – For Overseas Study Aspirants
Dear Overseas Education Aspirants,
As an overseas education counselor and a certified US/Canada Counselor as well as an MBA specialist, I need to keep myself updated about global education trends. More so, when I am counseling a graduate student who is aspiring to pursue specialization studies like MS/M.Engg abroad or a professional with substantial industry experience who wishes to do MBA. Mature students don’t just come to counselors for help with form-filling or documentation; that they can manage on their own as that’s the easiest part of the application process. What they look for is answers to crucial questions –
Whether I should pursue MS Engineering or MBA?
Which country would be best for me?
Is the gamble of continuing work and building career in India vs. quitting the job and go back to the university for a master’s degree worth it?
The world economy is unstable, markets volatile – Will I be able to sustain myself with the risk I’ll be taking?
Its questions like these that make for real counseling. What majority of “Overseas Education Consultants” or “Agents” call counseling is barely scratching the surface!
Below is a compilation of useful information for an overseas bound student that would address, if not all, some of their primary concerns.
GLOBAL EDUCATION TRENDS – 2013 – 14
Source: Forbes, USNewsAndWorldReport,UNESCO
Demographics are a driving force. Last year the OECD identified key demographic trends up until 2030 that appear to prevail globally in higher education, says the report produced for this week's UNESCO World Conference on Higher Education... They are:
* Student participation and systems will continue to expand.
* Women will form the majority of student populations in most developed countries and their participation will increase everywhere.
* The student population will become more varied, including more international, older and part-time students.
* The social base in higher education will continue to broaden.
* Attitudes and policies relating to access will become more central to national debates.
* The academic profession will become more internationally oriented and more mobile but will remain structured according to national circumstances.
* Academic activities and roles will become more diversified and specialized, and subject to varied employment contracts.
* In developing countries, the need for more lecturers will mean that academic qualifications, already rather low, might not improve much and reliance on part-time staff will continue.
• Research universities are likely to see significant constraints on their budgets as Governments will be unable to provide the resources needed for their continued Improvement. In many cases, the priority will be to allocate funds to ensure that access to the higher education system is not dramatically cut.
• In countries where student loan programs exist, either in the public or private sectors, severe constraints on their availability to students may be implemented along with increased interest rates.
• The system will face pressure to establish or increase tuition fees for students.
• Cost-cutting practices at many universities will result in a deterioration of quality.
• More part-time faculty is likely to be hired, class sizes increased and additional actions taken.
• "Freezes" on hiring, construction of new facilities, improving information technology, and purchasing books and journals are likely developments.
College grads will have an easier time landing jobs in 2012-13.
American universities consistently outrank their global peers and, thus, continue to be a magnet for the best and brightest from planet earth - 6 of the top 10 and 15 of the top 25 universities in the world are U.S. universities. However, if you believe that, in the age of globalization, the concept of an Ivy League of educational superiority will remain a uniquely American offering, think again.
Harvard Business School, for instance, has announced a new program in India focused on entrepreneurship, strategic management, innovation and corporation accountability.
French President Nicolas Sarkozy wants to develop an Ivy League of France’s own. As part of the country’s Iniatives d’Excellence(Idex) scheme, it would be called the Sorbonne League (can’t wait to see the school mascots), and would include five to seven world-class universities that can vie internationally for top students and professors. Currently, France does not have even one university in the top 25 globally. And only one European university makes the cut at all, ETH Zurich (Swiss Federal Institute of Technology)
There Will Be Jobs
Even against the backdrop of the great European recession, there’s good news on the post-grad job front. She notes that, according to U.S. News & World Report, “Employers surveyed by the National Association of Colleges and Employers (NACE) say they plan to hire 9.5 percent more graduates from the class of 2012 than they did from the class of 2011.” The areas that look most promising are the so-called STEM fields (Science, Technology, Engineering, and Mathematics)
The average salary offered to engineering majors rose 2.8 percent last year; likewise, the average salary offered to petroleum engineering graduates jumped 7.1 percent making it the highest-paid major. However, what one fails to see is that many of these jobs will go unfilled unless there is a dramatic increase in graduates with the necessary math and science skills to take them. For that to happen, more students have to start moving away from majors in “soft” social sciences, such as anthropology, to harder sciences.
How we learn will likely influence how we teach
Developments in neuroscience and cognitive psychology are powering new ways of thinking about the brain and the perceptions and emotions that contribute to learning. Music education classes, for example, have shown to enhance education performance by interacting with many different areas of brain function. A concept obvious to those who study while listening to Bach or Mozart. More and more top Business School graduates will step forward and device a new method of imparting education that will move out of the classroom and a new concept of “the world is a classroom” will emerge. An Example of this is The Khan Academy, a non-profit educational website created in 2006 by educator Mr. Salman Khan, a graduate of MIT and Harvard Business School. The stated mission is to provide "a free world-class education for anyone,anywhere." Another example can be cited of two Vancouver engineers (and dads) who are planning to launch their after-school education program, Einstein Wise, which will help students compete globally in math and all things tech. Their “brain training center” combines chess with a computer tablet to create a K-6 program that incorporates math, Mandarin Chinese, Lego robotics, even yoga. The duo hopes that public schools will incorporate its smart programs into their curriculum in the near future.
Outdoor Education Makes a Comeback
And in contrast to the rise of the digital classroom without walls, there will also be notable rise in outdoor education programs designed to combat everything from obesity to digital burnout to Vitamin D deficiencies; even depression. According to a predicted global education exchange trend, many spiritual scholars will come to India in order to get degrees in spirituality and religion studies.
5 Best countries to study MBA from
Top B Schools in USA:
1. •Booth School of Business, University of Chicago
2. •Harvard Business School
3. •The Wharton School of the University of Pennsylvania
4. •Kellogg School of Management, Northwestern University
5. •Stanford Graduate School of Business
Top B-Schools in UK:
1. London Business School (LBS)
2. London School of Economics and Political Science (LSE)
3. University of Oxford - Said Business School
4. University of Cambridge - Judge Business School
5. University of Warwick - Warwick Business School
6. Manchester Business School - The University of Manchester
7. University of Strathclyde - Strathclyde Business School
8. Lancaster University Management School
9. Imperial College London
10. University of Edinburgh Management School
11. Cranfield School of Management
Top B-Schools in Canada:
1. York University Schulich’s Business School
2. University of Toronto: Rotman’s School
3. University of British Columbia’s Sauder Business School
4. Queen's School Of Business, Queen's University, Kingston, Ontario, Canada
5. University of New Brunswick
6. Mcgill University’s Desautels School
7. Richard Ivey School Of Business at The University Of Western Ontario
8. University of Alberta’s Business School
Top B-Schools in Australia:
1. Melbourne Business School, University of Melbourne
2. Australian Graduate School of Management (AGSM), University of New South Wales
3. Sydney Business School (SBS), University of Wollongong
4. Macquarie Graduate School of Management (MGSM), Macquarie University
5. Faculty of Business and Economics, Monash University
6. Faculty of Business – Queensland University of Technology
7. Curtin Business School
Top B-Schools in Singapore:
1. INSEAD Singapore
2. NANYANG Business School
3. University of Liverpool
4. JE Educational College
5. NUS Business School
• A Student’s Dilemma - Studying in India Versus Studying Abroad – (Source – Winny Immigration – slideshare online)
• As per recent findings of a research conducted in the Indian Institute of Management -Bangalore, the number, pattern and international mobility of Indian students pursuing higher education overseas is rapidly changing. Research supports that since the past few decades, North Indian students have displayed a greater eagerness to Studying Abroad (Europe in specific).However, recently, the students from the Western and Southern zones of India (Gujarat, Kerela,Tamil Nadu etc.) have been displaying equivalent amount of enthusiasm for the same. An article in TNN states that as of 2012, there has been a rise of 256% in the number of Indian students going abroad since the past 10 years. There has been a constant steady rise of 7% Indian students gaining overseas education, annually. In 2000, the number of students going abroad for a further degree was 53,000. By the end of a decade – in 2010, this number shot up to 1.9 lakh students traveling to International Educational destinations seeking better opportunities abroad.
• One out of every two students studying in UK, is a female. Of all the Indian students pursuing foreign degrees, South Indian students are the one’s receiving the maximum number of scholarships and grants from Institutions and other relevant bodies.
• As per studies carried out by the selective few top notch Immigration Consultants in India, the United States has been continually the most popular Study destination for Indian students; while the education magnet United Kingdom, is a close second. Since 2009, UK has been the second largest contingent of international students all over the globe. Approximately 17% Indian students have been visiting the United Kingdom annually.
• The slight decline in the number of US Student aspirants has proved fruitful for European Union as well as countries like Australia and New Zealand. In the past decade (2000-2010) the number of Indian students studying in Europe, specifically Germany and France, has increased from 3,348 to 51,556.Despite of having impressive educational and occupational records and coming from sound financial backgrounds, a lot of Indian students still are concerned about fulfilling the stringent criteria’s of the universities as well as the immigration requirements and attaining Global Study Visas. However, with proper guidance of Education and Immigration Services information and advice; students can easily manage to get the desired admission in the foreign schools.
• Given the infrastructure, access to various resources and other facilities, the quality of overseas education tends to be higher in terms of conducive learning. Though changes are being noticed in India with top league B-Schools focusing on quality and better infrastructure, there is still that gap between foreign schools and Indian educational institutions. Although with rapid globalization and economies getting tighter in developed countries, prominent changes have gradually begun to surface.
I hope the above Global Education Trends would prove to be helpful to overseas bound students and for more queries and questions, please feel free to call on 0265-3044921 or write on [email protected]