Latest World News: Top 5 Hotspots for Students Abroad – The Financial Exp
By Abhinav Mital
Studying abroad is a transformational journey for most students. A journey that shapes their future and the current, it goes without saying that many deliberations point in the same direction. In our search for hotspots around the world that attract the discerning student, we have discovered two hidden gems around the world and three other famous study abroad destinations.
While some of these destinations may be the first that come to mind, they hold immense potential for international students looking for exceptional educational opportunities abroad.
Let’s dive into the lesser-known but remarkable qualities of the United Arab Emirates and Singapore and other famous destinations like the UK, Australia, and the United States as study destinations and find out how these countries offer world-class education, rich cultural experience, and a path to a bright future.
Australia: a land of diversity and excellence
Australia, like the United States and the United Kingdom, has always been one of the favorite destinations for students. In 2022, international students contributed $25.5 billion to the Australian economy. Leaving aside lifestyle and culture, one common factor in all these places that makes Australia the biggest hotspot for students are the student-focused policies.
Australia, in its efforts to make the country more attractive to international students and to help address the skills shortage in the country, has introduced numerous policy changes from 2023.
Work rights during school time: From July 1, 2023, international students in Australia will be able to work a maximum of 48 hours per fortnight. This is an increase from the previous limit of 20 hours per week. Not only that, Australia has implemented changes in visa rules for Indian graduates studying in Australian higher education. Now, students can now apply for visa-free work for up to eight years.
Post-study work rights: The temporary graduate study visa (subclass 485) has been extended for undergraduate or master’s students on any of the 400 specific programs and for all doctoral students. The visa is now valid for four years, instead of just two.
Permanent residence: International students who have graduated from an eligible course and have worked in Australia for at least two years are now eligible to apply for permanent residency.
Courses requested in 2023: Bachelor of Commerce, Bachelor of Accounting, Bachelor of Business Analysis, Bachelor of Computer Science/Information Systems
United States: Embracing innovation and sustainability
Just like Australia, the United States is a major attraction for international students, especially from the Indian subcontinent. Young students are attracted to the United States for a variety of reasons, including the high salary potential of alumni, the vast size of its economy, and the significant presence of many large corporations.
Additionally, the United States offers quality education, a distinctive curriculum, a multicultural environment, and plenty of opportunities for growth. In the QS World Rankings 2023, 27 of the top 100 universities in the world are located in the United States. Similarly, the Times Higher Education Ranking also places seven US universities in the list of top 10 universities in the world.
Work rights during studies: In June 2021, the US government announced that it would lift the cap on the number of international students allowed to work on campus during the academic year. This means that all international students with a valid student visa will now be able to work up to 20 hours per week for the duration of their course.
Post-study work rights: In March 2022, the US government announced that it would extend the length of time international students can stay in the US after graduating from a qualifying course. Under the new policy, international students will now be able to stay in the United States for up to 36 months after graduation.
Courses requested in 2023: Master of Computer Science, MBA – Data Analytics, Bachelor of Computer Science, Bachelor of Information Systems
Singapore: the hub of academic excellence
Comparatively a new entrant, Singapore continues to maintain its position as a hub of academic excellence. The country offers high-quality education, a safe and dynamic environment, and a variety of work opportunities after graduation.
Work rights while studying: In July 2022, the Singapore government announced that it would increase the number of hours international students are allowed to work per week from 12 to 16. This change is designed to give students more flexibility and to help cover their living expenses.
Post-study work rights: In January 2023, the Singapore government announced that it would extend the length of time international students can stay in Singapore after graduating from an eligible course. Under the new policy, international students will now be able to stay in Singapore for up to three years after graduation.
Courses requested in 2023: Bachelor of Banking and Finance, Commerce Degree, Bachelor of Commerce in Marketing and Bachelor of Arts in Mass Communication, Bachelor of Technology, Bachelor of Science, Bachelor of Engineering
United Arab Emirates: a thriving center of business and innovation
The UAE, especially Dubai, offers a wide range of opportunities for business administration, finance, engineering, and hospitality management programs, accompanied by a vibrant business environment and a thriving tourism industry. Graduates have many opportunities to further their careers in this dynamic city. Initiatives such as free trade zones further enhance its attractiveness for foreign investment and entrepreneurship.
Work rights during studies: In January 2023, the government of the United Arab Emirates announced that it would increase the number of hours international students are allowed to work per week from 12 to 20. This change aims to give students more flexibility and help them cover their living expenses.
Post-study work rights: In March 2023, the UAE government announced that it would introduce a new golden visa for international students graduating from top universities in the UAE. This visa allows students to stay and work in the UAE for up to 10 years.
Courses requested in 2023: Bachelor’s degree in management, finance, marketing and accounting.
The UK: Nature’s classroom for education and adventure
The UK is renowned for its excellence in various fields including business and management, engineering, IT, medicine, arts and humanities. The UK’s rich academic heritage, prestigious universities and commitment to innovation have positioned it as a global leader in education.
With centuries-old legacies, iconic libraries and state-of-the-art technological infrastructure, UK universities have embraced digital classrooms and technological advancements to provide students with a modern and comprehensive educational experience. This convergence of tradition and innovation ensures that the UK remains at the forefront of academic excellence in the digital age.
Work rights during studies: In July 2022, the UK government announced that it would increase the number of hours international students are allowed to work per week from 12 to 20. This change is intended to give students more flexibility and help cover their living costs.
Post-study work rights: In January 2023, the UK government announced that it would introduce a new Graduate Route visa for international students who have graduated from eligible courses in the UK. This visa allows students to stay and work in the UK for up to two years.
Courses requested in 2023: Bachelor of Business Administration, Bachelor of Finance, Bachelor of Arts, Bachelor of Science, Bachelor of Education, Bachelor of Engineering, Bachelor of Laws.
These destinations offer exceptional educational opportunities, a rich cultural experience and promising future prospects. Australia stands out for its student-focused policies, diverse culture, and lucrative work opportunities. The United States attracts students with its renowned universities, multicultural environment and extensive employment rights. Singapore is known for its academic excellence, safe environment, and ample opportunities for post-study work and residence.
The United Arab Emirates offers a thriving center of business and innovation, as well as increased labor rights and a new golden visa for graduates. The UK combines a prestigious university heritage with modern technological advancements, making it an ideal destination for education and adventure.
(The author is the founder of The WorldGrad)
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An Overview of Global Events in 2023
In 2023, the world witnessed a myriad of events that left a lasting impact on global affairs. From political developments and economic shifts to environmental challenges and breakthroughs in science and technology, the year was marked by significant changes and a sense of urgency for collective action. Here’s an overview of some of the latest world news in 2023.
Political Unrest and Diplomatic Strides:
In the political arena, several regions experienced unrest and geopolitical tensions. The ongoing conflict in the Middle East continued to dominate headlines, with efforts towards peace and stability remaining elusive. However, there were also moments of diplomatic breakthroughs as nations engaged in dialogues to ease tensions and work towards lasting solutions.
The global economy faced both challenges and opportunities. Trade disputes between major powers affected markets, while some countries grappled with debt crises. On the other hand, emerging economies showed resilience and promising growth, fueling optimism for a more balanced global economic landscape.
Innovation surged forward in the tech industry, with breakthroughs in artificial intelligence, renewable energy, and space exploration. Quantum computing achieved milestones, promising radical transformations across industries. Renewable energy sources gained traction, with many countries setting ambitious goals to combat climate change.
Climate Crisis and Environmental Resilience:
As the climate crisis intensified, extreme weather events wreaked havoc in various parts of the world. Wildfires, hurricanes, and floods reminded humanity of the urgent need for climate action. In response, governments and communities across the globe doubled down on efforts to reduce carbon emissions, invest in sustainable infrastructure, and protect biodiversity.
Health and Pandemic Management:
Health remained a global priority as countries continued to combat the COVID-19 pandemic. With the emergence of new variants, vaccination efforts and public health measures remained crucial to curbing the spread of the virus. There were also significant advancements in medical research and technology, offering hope for better preparedness in handling future health crises.
Sports and Cultural Milestones:
Amidst the challenges, the world found moments of joy and unity through sports and culture. International sporting events brought together athletes from diverse backgrounds, promoting solidarity and camaraderie. Cultural exchanges and celebrations showcased the richness of human diversity and fostered mutual understanding.
In conclusion, the year 2023 was a dynamic period filled with significant events that shaped the course of history. From political unrest to technological advancements and environmental challenges, the world witnessed the complexities of the global landscape. While obstacles remained, there were also encouraging developments and collaborative efforts towards a more sustainable, peaceful, and prosperous future for all nations. As we move forward, the lessons learned from these events serve as a reminder of the importance of collective action and cooperation to address shared global challenges.