Studying Abroad: How has 2023 unfolded for Indian students and international education trends in 2024 – Investing Abroad News

Studying abroad has emerged as a popular option for Indian students to excel in life. 2023 has been a really exciting year for Indian students who want to study overseas. Regarding the quantity and preferences of students, there have been several noteworthy movements.

In an interview with Sunil Dhawan – Financial Express Online, Raghwa Gopal, CEO, M Square Media (MSM Group) talks about the new trends that emerged in 2023 and the new trends that students can look forward to in 2024.

How are recent Canada-India relations influencing student mobility, and what secondary measures do students need to adopt to mitigate disruptions to their education?

The geopolitical tension between India and Canada has had a noticeable impact on student mobility. This dynamic relationship influences not only the number of students choosing to study in Canada but also their experience once they arrive.

From my perspective, the primary influence has been on visa policies and processing times. Geopolitical tensions can lead to stricter visa regulations and longer processing times, which can deter students or delay their education plans. Uncertainties in bilateral relations can also affect scholarship opportunities and work permit regulations, impacting students’ financial planning and career prospects.

To mitigate these disruptions, many Indian students are adopting secondary measures. One common approach is to apply to multiple countries, not just Canada, to increase their chances of securing admission and a student visa. Additionally, students are increasingly seeking information and assistance from educational consultants who specialize in navigating the complexities of international study amid geopolitical challenges.

Furthermore, students are actively exploring alternative learning options like online courses in response to the recent Canada-India geopolitical stance. Many universities, adapting to the changing educational landscape, are offering extensive online course options. This allows students to begin or continue their studies remotely, mitigating the impact of visa delays or travel uncertainties. These online programs provide flexibility and continuity in education, ensuring that students can progress academically despite geopolitical challenges. Such as with MSM Online, we are offering certified course options, some in line with leading universities abroad.

Even though Canada remains a popular destination for Indian students, the geopolitical tensions between both nations necessitate a more cautious and well-planned approach to studying abroad, with students increasingly seeking alternative measures to safeguard their educational aspirations.

We are witnessing global unrest. How has the ongoing war crisis affected students studying abroad and what alternatives are available for those affected?

The current war crisis has significantly impacted students studying abroad. They face heightened safety concerns, especially those near conflict zones, and the psychological stress of being away from home during global unrest.

Economically, these students are dealing with increased financial pressures due to inflation and unstable currency exchange rates, which can disrupt funding from home.

As alternatives, many are turning to online education to continue their studies safely. Additionally, universities are providing more support through mental health services, financial aid, and academic flexibility. These measures are essential in helping students navigate these challenging times and maintain their educational paths.

In my view, these alternatives are crucial in ensuring that education continues despite geopolitical unrest. They not only offer practical solutions but also a sense of community and support, which is invaluable during such challenging times.

How has the year 2023 unfolded for Indian students aspiring to study abroad? Are there notable trends in terms of student numbers and preferences?

The year 2023 has been quite eventful for Indian students aspiring to study abroad. There have been several notable trends in terms of student numbers and preferences.

Firstly, there’s been a significant increase in the number of Indian students seeking international education. This surge can be attributed to the easing of COVID-19 restrictions and the resumption of regular academic sessions in most countries. Students who deferred their plans due to the pandemic are now actively pursuing their study abroad dreams.

In terms of destinations, the United States, Canada, the United Kingdom, and Australia continue to be the top choices for Indian students. However, there’s a growing interest in non-traditional destinations like Germany, the Netherlands, and Singapore, driven by factors like lower tuition fees, post-study work opportunities, and favorable immigration policies.

Another trend is the increased interest in STEM (Science, Technology, Engineering, and Mathematics) courses, followed by business and management programs. This shift is largely influenced by the promising career prospects and research opportunities in these fields.

Moreover, there’s a rising demand for scholarships and financial aid programs, as the cost of education and living expenses in popular study destinations remains a significant consideration for many Indian families.

Overall, 2023 has been a year of recovery and resurgence for Indian students aspiring to study abroad, marked by increased numbers and a broader scope of preferred destinations and courses.

Looking ahead, what trends do we foresee in the education sector for seamless mobility for students aspiring to study abroad in 2024?

In 2024, I foresee key trends in the education sector that will significantly enhance the experience of students studying abroad. Advanced technologies like Artificial Intelligence (AI) and Machine Learning (ML) will personalize learning, aiding in language and cultural adaptation. Blockchain technology will streamline the verification of academic credentials, simplifying cross-border education processes.

Immersive learning through Virtual Reality (VR) and Augmented Reality (AR) will become integral, offering interactive and virtual campus experiences. Alongside these technological advancements, a shift towards digital and hybrid learning models will provide flexibility, and a focus on mental health will support students’ well-being.

Additionally, I expect a growing interest in non-traditional study destinations and an emphasis on career-oriented education aligned with emerging job markets. Collectively, these trends point towards a technologically advanced, adaptable, and student-centric global education landscape in 2024.

When studying overseas, what are the financial challenges that Indian students frequently face to keep track of their bank accounts?

The financial challenges pose a big hurdle for most students aspiring to study abroad. Navigating unfamiliar banking systems, negotiating with private lenders in a fragmented market and handling fluctuating exchange rates can be daunting. These complexities extend beyond mere financial management – they can impact students’ academic focus and overall well-being.

A key challenge is establishing a credit history in a new country, crucial for accessing essential financial services. The unpredictability of currency exchange rates further complicates budgeting, adding stress to an already demanding academic journey.

Understanding these intricacies is vital. As someone who empathizes with their situation, I see the importance of providing these students with the necessary guidance and support. It’s essential for ensuring not just their financial stability but also their academic success in a foreign land.