Globalization in Higher education and its Impacts

May 14
09:07

2011

Anuj Shishodia

Anuj Shishodia

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Business has entered almost all of the aspects of our society. Higher education is no exception and it has already turned into a good business.

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Business has gone global in the recent times,Globalization in Higher education and its Impacts  Articles especially due to uncontrolled and vast distribution of Internet. Business has entered almost all of the aspects of our society. Higher education is no exception and it has already turned into a good business. Higher education is already a good and expanding global business.

 

The days are now gone when the higher education was a matter of national policy and government regulation used to make it a difficult task to attain higher specialized education at a reputed Institution. The Higher education field is now moving rapidly into private hands and the government restrictions that previously used to Barr many students from it are now fading rapidly.

 

Higher Education is now provisioned to be globalize1 and in many ways, a highly commercialized affair and education is now turning to be a great source of revenue for many organizations engaged into business regarding the same. There are strong evidences regarding the same that will prove the higher education to be highly economic affair.

 

According to Andreas Schleicher, who is a wise Paris based “Think Tank”, the numbers of students that used to migrate to abroad for higher studies were negligible (statistically) two decades ago. The fact was cited in the same survey in the Economist.

 

The growth is now soaring according to the International Finance Corporation (IFC) with 2 million university students-approaching 2% of the world's total of  around 100 million studying outside their home country in 2003 ( the fact was cited in Higher Education in the same article in Economist). Since the late 1990s the higher education market is growing by 7 per cent a year.

 

Thus the above facts based on real surveys are enough to demonstrate the essence of globalize higher education and that the students are now approaching best ways to attain specialized education in their field of interest.