Opportunities in India for French and Canadian Universities
Every Indian student has at one point or another dreamed of leaving Indian shores for higher studies abroad. The UNESCO Institute for Statistics puts the total number of Indian students studying abroad at 189,472 -- representing 21% of the global number of internationally mobile students.
There are many reasons for this exodus abroad, the key ones being: a desire for an internationally-oriented curriculum opening the possibilities of lucrative job opportunities and the low number of educational institutes in India providing a curriculum and faculty on par with international standards. Another obstacle is India’s reservation and caste-based quota system in public universities which limits the number of “open” seats.
Though the global financial crisis and the falling value of the rupee against the dollar and tightened immigration laws in Europe and the USA have somewhat mitigated this trend, the attraction of a foreign degree still remains.
Fortunately for those who cannot afford the high investment of a foreign degree, there are increasingly more choices offered at home. Indian universities, mostly in the private sector, have entered into agreements with foreign educational providers to offer courses, certificates, exchange programmes, cooperation in research and development and the possibility of acquiring a double degree under certain conditions. Several French grandes écoles (France’s elite higher education institutes) are already present in India, most of them in partnership with a local player. While opening a campus in India may not be an immediate choice due to complex regulations, the collaborations cited above can serve as a launch pad for French and Canadian universities.
Here are 5 good reasons why French and Canadian universities should consider partnerships with India:
- One of Asia’s fastest growing economies, India offers a strategic base for international operations and for a diverse and multicultural student population.
- India’s globalised and connected student population is dissatisfied with the higher education/university system, which is unable to keep pace with global industry standards.
- The low number of public and private universities is unable to meet increasing demand. According to a report by the National Knowledge Commission, India will need 1500 universities by 2015.
- Private sector parties have the financial resources and are eager to invest in the education sector.
- Certain measures taken by the government to relax the laws governing the entry of foreign educational providers in India, notably allowing 100% Foreign Direct Investment (FDI) in education.
The question no longer is “Should you have a collaboration with India?” but “Why don’t you have one?”
At Arsha Consulting, we have in-depth expertise in this domain. Contact us to find out how to take your projects in the Indian Education Sector forward.