Students are increasingly choosing specialized courses in the study abroad sector. According to Leap Scholar data, Indian students prefer more popular courses such as MBA, MSc Data Science, and Computer Science.
According to a study commissioned by Western Union, over 52% of Indian students planning to study abroad favour specialized courses over university prestige while selecting the institution. Students seek courses that are obscure but gaining traction, frequently searching beyond Ivy League universities that are unable to provide these courses.
According to Tarun Aggarwal, CBO of CollegeDekho, the main concern for most students is the Return on Investment (ROI), as getting a degree overseas entails large financial investment. Engineering, business, computer science, law, design, and hospitality courses are constantly in high demand among students looking to study abroad.
Recently, the trend has shown that demand for courses such as data science, business analytics, and fintech is increasing. Students have also shown a preference for combo courses such as health informatics and engineering management. Students are increasingly choosing specialized courses in the study abroad sector.
According to Leap Scholar data, Indian students prefer more popular courses such as MBA, MSc Data Science, and Computer Science. While MBAs have long been a popular degree for overseas students in the United States, students are increasingly opting for MBA-related subjects such as finance, analytics, and management.
These areas are especially appealing since, in addition to providing increased employment security, they also provide US immigration benefits after graduation, thanks to their STEM accreditation.
MBA-adjacent STEM degrees are especially popular among women, and elite schools are scrambling to make them more broadly available to all students. Yale University, for example, recently redesigned its Economics degree as Econometric and Quantitative Economics in order for students to get STEM certification, while MIT’s one-year master’s degree in Finance is primarily composed of international students.
As per data given by the Ministry of External Affairs, as of January 2021, 11,33,749 Indian students were studying in 99 different countries. UAE, Canada, Australia, and China are among the top locations for Indian students studying abroad.
According to Piyush Kumar, Regional Director (South Asia) at IDP Education, students choose the best-specialized courses available in the country or university where they wish to study. New Zealand is well-known for its high educational programs, but Canada is home to some of the world’s most prestigious universities, including programs in business and finance, computer science and information technology, engineering, health and medicine, and media and journalism.
Many students choose to study in the United Kingdom for courses in business, engineering and technology, natural sciences, medicine, law, social sciences, sports science, media and communication, creative arts, visual arts, performing arts, and hospitality and tourism.
Similarly, many students choose to pursue careers in medicine, medical sciences, engineering, and business management, with Ireland being a top choice.
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