Assignment on Data Analysis From International Markets
International students around the globe
As per the researchers, in last 8 years there has been an increase in the enrolment of Indian students in U.S.A. However, the trend of Indians enrolling abroad has been decreasing in a recent past. The Chinese students’ enrolments doubled from 62,523 in 2004/05 to 127,628 in 2009/10. During the same period of time, Indian student’s enrolments were at a very slow rate, i.e. only 24,431 more in 2009/10, in comparison to 2004/05.
As the Indian economy is growing @ 7%p.a., jobs are created in India, and the middle class is benefitting from the same. This has lead to increased prosperity and thus people are able to afford expensive international education, and also increasing the career aspirations for Indians. The weakened currency of different countries drives a growth in overseas education market. In Australia, the Australian dollar is still strong, thus many Indian students cannot afford to study or reside there.
The students migrating to Australia for higher studies are from various parts of the globe. India has been a major contributor out of Asian countries, for years till 2011. The same relation among all the Asian contributors can be shown as below:
Overall population of students in Australia and other countries for a span of 9 years (2000-2009)
Analysis of the above diagram: United States has been at the top position since a beginning, while Australia is at 3rd position following US and UK. Australia has seen a rise in the number of international students during the span of 9 years (2000-2009). The half of the international education market is captured by top 5 countries, and the rest is divided into parts to various countries across the globe. This top 5 being UK, US, Australia, Germany and France. The downfall in Australia has benefitted UK, and Canada in the past 2-3 years. (It is not reflected in the graph above, as the data is till 2009)
Trends in International students in Australia
As per the report of September 2013, last 3 years have shown a decline in the International students, in Australia. In preceding 10 years, Australia had a growth rate of 5.7% of enrolments. However, in 2013 it was only 1.9%. India had been a key contributor to the international students’ enrolments in Australia. There has been an increase in the post graduate commencements, but a bachelor degree level has seen a decline by 3.3% during this period. There have been negligible enrollments of Indian students into ELIOS and school level. Similarly, for Non award sector, China and USA had more enrolments than any other countries like India, Brazil, etc. The graph below shows the international students commencement in Australia during the period of September 2010-September 2013.
The Australian Education classifies international students into five sectors. These are:
- Higher Education – undergraduate and postgraduate campus students
- Vocational Education and Training (VET) – technological and Further Education (TAFE) and connected association students
- School – playschool, primary, secondary (junior and senior) students
- English Language Intensive Courses for Overseas Students (ELICOS) – English language intensive students.
- Other – courses outside the above categories, e.g. foundation courses, non-award and enabling courses.
- The proportion of students abroad is based only on the total of students enrolled in countries reporting data to the OECD and UNESCO Institute for Statistics.
- Excludes advanced research programmes.
The United States has highest number of immigrants followed by Australia. As per the data above, and researches, the prospects of people moving to Australia were high in few past years (i.e. 2000-2009). But due to some unforeseen circumstances, and fatal attack on an Indian student in 2010, Australia lost its place from being a great choice of the students. Now people moving from India and other nations, to Australia has declined majorly, however the main competitors like Canada, UK, New Zealand, have all experienced growth since (Edwards 2014, Acer e news).
The Indians are moving more towards United Kingdom and Canada due to the Australia effect (Wenr.wes.org, 2010). The safety concern of Indian students is the major reason behind the same. The total enrollments in September 2010 reduced by approx 20% than the previous year’s enrollments. However, the United States did not gain much from the loss of Australia. The major factor behind this might be the same has been the decrease in rate of acceptance of Indian students by the U.S colleges and universities due to over indulgence of Indian students in the particular fields of study at various levels. Indian students apply at large, and as there is less differentiation shown by applicants, the decline rate is high. UK colleges and universities have better recruitment strategies, which are more aggressive than Australia and U.S, and hence attract more students.
Given the increase of the information technology services industry, Indians see engineering as a striking career choice with opportunities of long-term settlement in the United States. However, do not get selected by universities out there. In accumulation, career opportunities in India are making potential graduate candidates to divert from academic causes to work as a reason for settlement. Similarly, graduate opportunities at UK universities are more suitable as the Indian students get a better return on investments, even with a short term master’s degree program (Dette, Munk and Wagner 2009).
In Australia, some of the universities have a high proportion of international students, and the number is widely dispersed. There are some large universities like Mohnash University that have highest number of domestic and onshore International students. The University of New South Wales follows the trend. The Indian and other country’s students who wish to study abroad, not only consider the quality education and course option, but also other factors like closeness to major cities, and infrastructures, while choosing to study. As per the data available with Australia education International, 2011: