The Market Monitor Digest (week 43/2024)

It's our pleasure to be your go-to for the week’s key industry news. Thanks to the information collected by the BONARD Market Monitor team, you can now keep your finger on the industry pulse.

25.10.2024 BONARD Market Monitor Team

International Education

Australia: Australian-first AI platform to help students find their perfect UniMatch

By Dirk Mulder, Oct 21, 2024

The platform offers two AI tools: the "What to Study Quiz" and the "UniMatch by CYU™️" tool, providing personalized study and university recommendations.

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Canada: Slight increase for CAPS-I members in 2023/24 with mixed market trends

By Study Travel, Oct 22, 2024

Members of the Canadian Association of Public Schools – International (CAPS-I) experienced a small increase in long-term students in 2023/24, according to the latest annual report, with decreases from Europe offset by the return of key Asian markets.

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Hong Kong: Hong Kong announces work rights for undergraduates

By Study Travel, Oct 22, 2024

The government of Hong Kong has announced that a restriction on international undergraduates taking part-time jobs will be lifted, a move that it said will help to attract more students. 

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Europe & Vietnam: Strengthening European-Vietnamese partnership in higher education

By Doanh Nghiep Vietnam, Oct 23, 2024

At Erasmus+ Day, Deputy Minister Ministry of Education and Training Nguyen Van Phucemphasized that up to now, the partnership between Europe and Vietnam has developed strongly, in which cooperation education College is a big focus. From 2015 to 2023, more than 3.400 Vietnamese students and education staff have had the opportunity to participate in short-term exchange programmes in Europe under the ICM Component.

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Europe: Governments’ Erasmus+ stance is a threat to the EU

By Research Professional News, Oct 21, 2024

The European Commission has proposed a 2025 Erasmus+ budget of €3.97 billion, which would be €173 million more than in 2024. But under plans agreed in July, the EU member state governments want to cut €295m from the proposal, whereas the European Parliament is this week set to call for an additional €70m.

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Global: Emerging Futures 6, Voice of the international student

By IDP Education, Oct 23, 2024

  • IDP Education released its latest Emerging Futures research report, showing a rise in international students considering alternative destinations as their first choice, with the US seeing significant year-on-year growth.

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Global: International schools an increasingly important recruitment channel for higher education

By ICEF Monitor, Oct 22, 2024

International schools in target student sending markets have long represented a fruitful recruitment source for foreign educators, and there are now 14,460 of those schools around the world serving more than seven million students.

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India, Germany: Why Germany is becoming a preferred study destination for Indian students

By India Today Education Desk, Oct 18, 2024

International schools in target student sending markets have long represented a fruitful recruitment source for foreign educators, and there are now 14,460 of those schools around the world serving more than seven million students.

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Ireland: International students call for more rights from next Irish government

By The PIE News, Oct 23, 2024

The Irish Council for International Students (ICOS) has launched its General Election Manifesto 2024, outlining its priorities for the next Irish government to improve the rights and experience of international students in Ireland. According to the Council, international students contribute more than €2 billion to the Irish economy.

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UK: University hit by fall in international students

By BBC News, Oct 21, 2024

The University of Sussex's vice-chancellor, Sasha Roseneil, has said universities sector-wide are losing about £3,500 this year for each UK undergraduate taught. Tuition fees have not increased since they were set at £9,250 in 2017, and, as costs have risen, its UK students costs are normally subsidised by international fees. University has seen a 40% drop in international students this year, meaning it has been forced to make £44m of cuts to balance its books.

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UK: NCUK partners with University of Leicester to expand pathways for international students

By Study Travel, Oct 22, 2024

Pathway provider NCUK has announced a new partnership with the University of Leicester, broadening options for international students to pursue higher education in the UK. This agreement will benefit students from over 40 countries who are studying through NCUK’s pathway programmes.

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US:  A Lack of diversity spells adversity - why US institutions need to attract diverse international students.

By Dr Rajika Bhandari, Oct 2024

US institutions need to adapt - and fast - to attract and crucially, retain international students. To navigate domestic challenges, U.S. institutions will need to not only expand their overall international student recruitment, but will need to do so beyond traditional markets like China and India, targeting emerging regions such as Africa, Latin America, and Southeast Asia.

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