About 52% of Indian students intending to study abroad prefer specialized courses over university reputation when choosing an institution, shows a study commissioned by Western Union.
“They are looking for niche, but slowly growing courses, often looking beyond Ivy League universities that are unable to offer these courses,” the Education Overseas – An Evolving study said. Journey ordered from NielsenIQ.
Specialized courses are successful
Tarun Aggarwal, CBO of CollegeDekho, said the main concern for most students is return on investment (ROI), as pursuing studies abroad requires significant expenditure. Courses that lead to lucrative jobs like engineering, management, IT, law, design, and hospitality are always sought after by those who want to study abroad.
“Lately, the trend has shown that the demand for courses such as data science, business analytics, and financial technology is gaining momentum. Additionally, combined courses like health informatics and health management engineering have also proven to be popular choices for students,” added Aggarwal.
The study abroad sector has seen a growing trend of students opting for specialized courses. Data from Leap Scholar shows that Indian students are inclined to take more popular courses such as MBA, MSc Data Science and Computer Science.
“While MBAs have always been a popular degree for international students in the United States, students are increasingly choosing MBA-adjacent subjects like finance, analytics, and management. These areas have added appeal because they not only provide greater career stability, but also offer U.S. immigration benefits upon graduation, through their STEM accreditation,” said Sasha Ramani, Associate Director (Corporate Strategy) at MPOWER Financing.
“MBA-adjacent STEM degrees are especially popular among women, and even top schools are rushing to make them more widely available to everyone. Yale University, for example, recently rebranded its economics degree to econometric and quantitative economics so that students can receive STEM accreditation, and the one-year master’s in finance at MIT is made up mostly of international students. “said Ramani.
Popular Courses at Foreign Universities
According to data released by the Ministry of External Affairs, a total of 11,33,749 Indian students are studying in 99 foreign countries, as of January 2021. Of these, UAE, Canada, Australia and China are among the main destinations chosen by Indian students. for studies abroad.
Piyush Kumar, Regional Director (South Asia) at IDP Education, said students opt for the best specialized courses available in a country or the university in which they choose to study.
“New Zealand is popular for its higher education offerings while Canada is home to some of the most prestigious universities in the world, known for offering the best courses in business and finance, computer science and information technology, in engineering, health and medicine and media and journalism,” Kumar said.
“Many students opt for the UK to take courses associated with business, engineering and technology, natural sciences, medicine, law, social sciences, sports sciences, media and communication, creative arts, visual arts, performing arts, hospitality and tourism. Meanwhile, many students choose careers in medicine, medical sciences, engineering and business management and see Ireland as a preferred choice,” he added. .