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Do you want to
know what has changed for study abroad students post-pandemic? A lot. Back in
2019, 7,70,000 students were studying abroad, which is estimated to grow to 1.8
million students by 2024. If you are planning to embark on foreign education,
here’s what you must know.
Did you know that according to a recent study, 72% of the 4000 study abroad aspirants stated that they prefer hybrid learning? Hybrid learning has opened new pathways by enabling online entrance exams, remote evaluation, online interviews, remote learning, and online examinations. But what attracts students all over the globe to this module is its flexibility. If you are not able to travel to your preferred destination for any reason, you can continue with online classes. Once the situation eases, you can join the on-campus module.
Academic excellence will lead to a
successful career, and that is the ultimate goal, after all. But it is
imperative that you plan your study abroad journey based on the future demand
of the job market. Many jobs that exist now will cease to exist in the future
and be replaced by a new set of emerging jobs that require new skill-sets.
Hence, skilling, upskilling, reskilling and vocational programs will be at
center stage. Artificial Intelligence, Data Science, Blockchain Technology,
Arts and Humanities, Engineering, Healthcare are a few areas that you must
watch out for.
Many countries prefer young
enthusiastic international talents, especially countries like Canada, the UK,
the US, Australia, Ireland, and New Zealand. Since the pandemic has created a
bottleneck, countries will begin hiring in full swing once the situation
improves. Study abroad who plan to work abroad post completion of their course
can leverage this opportunity. Canadian economy’s dependence on a skilled
workforce and UK’s Post-study work visa will work in your favor.
Rankings, well-recognized coursework,
campus, library, faculty, and job prospects are a few parameters that help you
decide which university to choose. One major deciding factor added to this list
for study abroad students will be the health care facility. Every educational
institution will ensure that necessary health care facilities are made
available on the campuses since health care will now be a top priority to
ensure your physical safety and security.
Universities around the globe have
introduced several benefits to attract study abroad students. Some educational
institutes have waived off entrance exams and/or application fees. Many student
bodies and support groups will take shape in the international universities to
create a safe environment for international students. Many countries have eased
the visa application process for international students. For instance, the USA
has waived off the in-person visa interview for students who have previously
been issued a visa under any category.
So, plan your study abroad journey based on these trends as it will allow you to be future-ready. So, prepare yourself to take that leap to fulfil your dreams. At Avanse Financial Services, we offer a loan for overseas education Feel free to talk to our expert team of advisors who will guide you through the process, give sound advice and provide hyper-personalized financial solutions. All the best!
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate +
Spread.
Our current Base Rate is 14.55% (WEF 01.12.2024).
The Spread is floating and is based on analysis of overall credit and course profiling.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.