How foreign countries are attracting Indian students with lucrative offers and opportunities
Studying abroad is an experience that not only enables students to grow professionally but also helps in developing an international outlook. The growing aspirations of Indian students to pursue studies abroad is a testament to how it can help build a successful career and life.
Recently, the overseas education market has shown tremendous resilience to economic, geopolitical, and other challenges. The promising outlook bodes well for the economies looking forward to overseas talent joining their workforces and contributing to growth. As per data from India's Ministry of External Affairs, nearly 2.5 lac students 1 went overseas for higher education till June this year.
Countries such as the UK, USA, Canada, Australia, and many others have concerted efforts to welcome students back on campuses. Easing in visa and immigration policies, new scholarships, work permits, and permanent residencies are some of the sweeteners that they have added to the appeal of studying abroad for the Indian student community.
USA expands policies to attract STEM talent
This summer, the USA issued a record 82,000 visas to Indian students. For those wanting to pursue studies in the USA, especially in science, technology, engineering, and mathematics (STEM), there are ample post-graduation work opportunities available in the country. The White House recently unveiled several policy expansions to help attract and retain foreign nationals in STEM fields.
Under the new policy, the F-1 STEM optional practical training (OPT) extension program, which enables F-1 students with a qualifying STEM degree to hold OPT work authorisation for up to 36 months, will be expanded to include 22 new fields. This will increase the pool of candidates eligible to receive employment authorisation.
New UK scholarships unveiled
Home to some of the world's most renowned universities, the UK is one of the top choices for Indians looking to study abroad. This year the country partnered with leading companies in India to launch 75 fully-funded scholarships.
Besides, the introduction of the graduate route visa last year, which allows a two-year post-study work visa to international graduates at UK universities, has expanded opportunities for talented Indian students to build successful careers in the UK. Job offers are not required to apply for the graduate route visa, and there are no salary requirements or caps on numbers.
This enables international graduates in the UK to work flexibly, move between jobs, and develop their careers.
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