The number of Indian students going overseas for under-graduate and post-graduate studies is expected to increase by 50 per cent over the next five years due to a manifold increase in their family incomes, a placement expert said on Thursday.
“We see, conservatively, a 50 per cent increase in Indian students going to the US and UK for under-grad and post-grad studies over the next five years. This is strongly supported by the growing disposal income of their families,” said Rohan Pasari, Co-founder and CEO of Cialfo, a Singapore-based education technology (edtech).
Cialfo, co-founded by Kolkata-born Pasari and Singaporean Stanley Chia, has placed more than 90 per cent of its students in top universities in the US and 30 top universities in the UK.
Pasari noted the Indian students’ strong interests in acquiring international education and experiences for placing themselves in the top range of professionals, both in India and globally.
He pointed out the 100 per cent growth seen in Chinese students that entered universities in the US to acquire international education during the early pick up of Chinese economy.
“It is the same scenario for Indian students from now,” Pasari said.
Indian students accounted for 4.3 per cent or 21,000 of the 493,570 international students in the UK in 2013-14, according to the British Council.
There were 132,888 Indian students out of the 627,306 Asian students in the US in 2014-15, according to the Institute of International Education.
Source: Times of India