A high-level trends report from PricewaterhouseCoopers (PwC) predicts that, by 2050, the world will see a dramatic shift in global economic power away from advanced economies and toward Asia and a block of faster-growing emerging economies.
An extended period of unmatched economic growth in Asia has helped to drive significant social change as well, including the emergence of a large middle class and a greater openness to regional and world markets. Local and global trends driving higher education policies in Asia and their impact on the local and regional knowledge economies.
These dynamics are also reflected in the landscape of higher education. Especially at a time when economic growth in many rapidly developing Asian economies is linked to knowledge production, advanced skills, and the rising demand for higher education.
With the advent of a large middle class and new openness driven by economic imperatives, Asia appears to be shifting into the world’s center stage. National investments in international higher education have already contributed to a greater prominence of Asian institutions in the global rankings as well as to dramatic increases in incoming and outgoing student mobility numbers.
Many of the significant education players in Southeast Asia region will remain important sending markets for global destinations. This is due in part to the continuing profile and prestige of institutions in more traditional study destinations in the US, UK, and elsewhere, to continuing investment in research and mobility, and to persistent structural advantages, not least of which is the large alumni base of Western institutions in positions of influence and leadership in institutions, governments, and corporations around the world.
From data issued by U.S. Immigration and Customs Enforcement, in year 2015, there were 1.05 million foreign students currently studying at different American universities and colleges. The number in 2015 is up 9 percent over 2014. Asia boasted the highest percent of international students coming in at around 76 percent, equals to approximately 798,000 students. From that percentage, China has biggest proportion up to 31%, equals to approximately 325 thousand students abroad. As for Southeast Asia region, Vietnam has biggest proportion up to 1.9%, equals to approximately 20 thousand students abroad.
With that much demand and limited seats available in each university, students are competing each year to get to targeted university. Student learning center has created its position in marketplace and will become next growing business in years ahead.
The Edge, an Asia branded learning center, has become the industry leader with recognition within Asia. HongKong based learning center designed to help students achieve the best through proven methods, under the expert guidance of people who are qualified at the very highest level. Beside the headquarter in HongKong, The Edge has also grown its Asian footprint with two centers in HongKong, one in Shanghai and one in Beijing.
The Edge is now available for franchising in Southeast Asia countries including Vietnam, Indonesia, Malaysia, Singapore, Philippines, and Thailand.
Key info:
For more information about The Edge franchise opportunity, please visit https://vffranchiseconsulting.com/brands/theedge/
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Source:
Asia: The Next Higher Education Superpower? , Institute of International Education press release
Number Of International Students In The US Up Nearly 10 Percent In 2015, dailycaller.com
International Students in the United States, Project Atlas release
