Considerations for Students Planning for Study Abroad
Many students approach career counselling professionals for study-abroad advice. This blog briefly covers key study-abroad drivers.
Respicite Tip – Always approach a genuine professional for guidance. Please find a reputed study-abroad consultant in your city.
Introduction -
- Millions of Indians have settled abroad as OCIs (Overseas Citizens of India). Please find some statistics -
- 50% of OCIs belong to 5 countries – USA, UK, UAE, Saudi Arabia, Malaysia
- An extra 30% belong to 9 countries. These are Canada, Singapore, Sri Lanka, Kuwait, Oman, Qatar, South Africa, Mauritius
- Other popular destinations are – Australia, New Zealand, Germany
Similarly, millions of others travel abroad annually for higher studies. This is especially true PG and UG programmes. The top 3 popular study-abroad destinations among students from India are Canada, UAE and USA. The next three are the UK, Australia and Saudi Arabia. Then come Germany, New Zealand and China.
Primary drivers for study abroad
The key drivers for study abroad is RoI (Return on Investment). RoI is over financial benefit vis-a-vis the overall cost of education. In practice, the following students try to –
- Work & Settle abroad – Going to destinations that provide clear immigration pathways. These include post-study work opportunities, permanent residency and citizenship.
- Escape Competition – Some exams are highly competitive. These include JEE-advanced & NEET. Many students seek similar degree and financial prospects with lesser competition. . Many of them seek countries with manageable expenses.
- Study Specialized Programs – Programs with a bright future but without availability in India. Additionally, programs where the local talent available in the destination country is insufficient.
Other drivers for study abroad
- Global Exposure – Exposure to a diverse curriculum and teaching methods. Living abroad exposes to a different culture. In some countries, it exposes the student to a multi-cultural experience. Overall, there is an increased appreciation for diversity. Giant multinational organizations prize this.
- Prestige & recognition – Many families link foreign education to social status. In these families, RoI may not be a primary consideration. An example could be families with flourishing businesses in India
- Networking – Students interact with peers of diverse backgrounds. There is a unique opportunity to network with students from different countries. This helps in establishing links in different countries.
- Personal development – Study-aborad students live thousands of miles away from family. They need to be independent. They need to socialize and understand the concept of interdependence. Overall they become self-reliant and adaptable during their stay.
Respicite Tip –
It is important to be aware of your driver and readiness. Please take OCSS – our psychometric test for career – to understand your current situation before you approach a professional.