standing out from the crowd · standing out from the crowd how can governments, institutes, and...

21
Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate their Brand Abroad? Prepared by The Parthenon Group for British Council’s Going Global 2014, Miami This document was created before Parthenon joined Ernst & Young LLP on August 29, 2014, and has not been updated to reflect the combination.

Upload: others

Post on 08-Aug-2020

5 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Standing Out From The CrowdHow Can Governments, Institutes, and Private Providers Collaborate to Create International

Education Hubs and Differentiate their Brand Abroad?

Prepared by The Parthenon Group for

British Council’s Going Global 2014, Miami

This document was created before Parthenon joined Ernst & Young LLP on August 29, 2014, and has not been updated to reflect the combination.

Page 2: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Parthenon’s Education Practice

Education Sector Projects Completed by Parthenon

Parthenon Offices

Page 3: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

International students are an crucial opportunity for universities and governments to pursue

Canada 100K Students

=$3B Revenue

UK 400K Students

=$8B Revenue

Australia 300K Students

=$6B Revenue

USA 600K

Students =$13B

Revenue

Singapore ~30KStudents =$0.5B Revenue

Dubai ~6KStudents =$0.1B Revenue

Page 4: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

What can universities do to internationalize?

Establish foreign branch campus

Recruit international students

1 2

Page 5: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

UAE

Malaysia

Singapore

Establish foreign branch campus

Recruit international

students

1 2

Many brands already offer offshore degrees in growing hubs like Dubai, Singapore, and Malaysia

Page 6: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Vietnam

Home $9K

$23K

Dubai

Home $12K

$22K

0

10

20

30

RMIT University University of Wollongong University of Newcastle

Singapore

Home $10K

$19K

Establish foreign branch campus

Recruit international

students

1 2

Lower fees in these new education hubs widen the base of students universities are able to attract

Page 7: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Market Demand Regulations Employability in Market Repatriation

Setting up a foreign branch campus requires high capex

It’s important to understand specific characteristics of the location before choosing to go abroad

Establish foreign branch campus

Recruit international

students

1 2

Page 8: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

India

China

South Korea

Malaysia

India

China

South Korea

Malaysia

India

China

South Korea

Malaysia

India

China

South Korea

Vietnam Malaysia

India

China

South Korea

Vietnam Malaysia

India

China

South Korea

Vietnam Malaysia

Total demand for international higher education in-country from key source countries continues to increase

Enrolment in U.S., Australia, and UK by Selected Source Countries, 2005 - 2011

0

200

400

600

800K

2005-06 2006-07 2007-08 2008-09 2009-10 2010-11

Will international students continue to go abroad?

Establish foreign branch campus

Recruit international

students

1 2

Page 9: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

0

20

40

60

80

100%

2008

Developed Asia

Europe

US + Canada

Others

Australia

n=200

2010

Developed Asia

Europe

US + Canada

Others

Australia

n=200

2012

Developed Asia

Europe

US + Canada

Others

Australia

n=200

ChinaChina China

6 6 2No. of ChineseUniversities in Top 200

The most highly ranked universities are still primarily in the West

Top 200 University Rankings by Country, 2008-12

Establish foreign branch campus

Recruit international

students

1 2

Page 10: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

0

100

200

300K

2008

China

Korea

161K

2009

China

Korea

176K

2010

China

Korea

206K

50% 50% 50%China Penetration

70% 70% 70%Korea Penetration

Students Using Agent Channel in Korea and China for Overseas Education, 2008-10

Establish foreign branch campus

Recruit international

students

1 2

Agent use continues to increase in key source markets

Page 11: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Agents also the biggest influencers on parents

Q: [For parents] Who are the key influencers when selecting a program to enrol in?

Counselor

Percent Selected

93%

Family Members

48%

Friends

37%

Teacher

30%

Colleagues

15%

Q: [For parents] What are the key selection criteria when selecting an agent?

Parent Selection Criteria

Other

University Partner Quality

Recommendation

Agency Credentials

Knowledge & Professional-

ism

Agent use continues to increase in key source markets

Establish foreign branch campus

Recruit international

students

1 2

Page 12: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Quality of Institution 1. Courses delivered with high-quality standards 2. Good reputation relative to what it offers

Quality of Institutions Variety of Courses

In-Office Visits • Help agents close leads • Act as informal training refresher • Help build rapport with counsellors

High-Quality Marketing Material is Critical to: • Build brand amongst students • Build program familiarity among agents

Sales Support Includes: • In-Office Visits

• Responsiveness (Enquiry Time)

• Fairs and Exhibitions Support

• Quality of Marketing Materials

Product Offerings

Agents from China, India, and Indonesia

Incentives

100%

Sales Support

Q: [For Agents] What are key factors that influence your decision to promote an institution?

Establish foreign branch campus

Recruit international

students

1 2

Provision of sales support from the university is the key driver in building effective relationships with agents

Page 13: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Lower academic requirements via pathways allow for increased access from international students

0

20

40

60

80

Standard EntryRequirement

Academic Requirements

Pathway Requirement

Average India Board Exam Requirements, Regular versus Pathway Programs

Establish foreign branch campus

Recruit international

students

1 2

Page 14: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Governments, universities, and employers must work together to create attractive international education hubs

Developing an

Education Hub

Raise Awareness

Enhance the Value

Proposition

Expand Access

1

3 2

Page 15: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Local government organizations are essential for universities and governments to share resources to

best promote themselves abroad

Promote programs that leverage your core strengths

Make students imagine themselves in your location by focusing on quality of life

factors

Maintain relationships with quarterly trips and strong

partnerships

Create localized materials available online and via

social media

Page 16: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Low Admissions Rate 12%

Government Scholarships Tuition Scheme Reimbursement available for talented students

Work During Degree Allowed 16 hours per week

Government Recruitment? Scouts sent all over ASEAN

Work After Education Allowed Students may stay for 3 years

Allowed to stay to look for job May look for 1 year

Requirement to stay? Students with scholarships must work for 3 years

Case Study: ASEAN Scholarships in Singapore were designed to attract the best students from the region

Singapore’s full scholarships and eligibility for students to work after the degree program attract top talent to their universities and encourage top universities to

tap into this talent

Singapore Global Schoolhouse Policies

Asean Scholarships

Page 17: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Infrastructure and student life are important areas to focus on for local governments

Ease to Reach

Language

Safety

Strong Economy

Quality of Life

• Recruit regionally and strategically • Partnerships with airlines

• Track record promoted of safety • News perception of safety in the area

• English is preferred • Training in local language

• Attractive growth sectors • Job Prospects

• Activities for young people • Affordable lifestyle

Page 18: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

For students the most critical factor in selecting a location are job placements

0

20

40

60

80

100%

TransnationalStudents

Better job prospectsthan in country of origin

Better quality ofinstitutions

than in country of origin

Migration from country of origin

Other

Exposure to culture/lifein another place

Q. What are the top reasons that made you want to study abroad?

Source: Dubai Current Students and Recent Graduates Survey, n=149 (current students=99; recent graduates=50)

0

20

40

60

80

100%

Current Students

Go for further education inDestination Country

Find employment inDestination Country

Go for further education inanother country

Go for further education in my country of origin

Q. What are your plans post-completion of your current program?

Page 19: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Natural andPhysical Sciences Education

Tourism andHospitality

Architecture andConstruction

Health andMedicine

Undeclared

InformationTechnology

Foundation

Media andDesign

EngineeringHumanitiesand Law

Business

Education hubs need to reflect on how strategic economic areas of growth are reflected in courses

*Note: See Source Source; Dubai Strategic Plan 2015; TECOM, Falcon team correspondence

• Quality/Availability of Education

• Quality/Affordability of Health Care

• Travel and Tourism

• Financial Services

• Professional Services

• Transport and Logistics Services

• Trade and Storage

• Construction

Economic Development – Strategic Thrusts

Social Development – Strategic Thrusts

Key Development Goals for City Higher Education Enrolment by Discipline, City, 2010-2012

65% of students are enrolled in Business; Humanities and Law;

and Engineering.

Page 20: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

Case Study: London’s “Study London” has strategically used partnerships to promote itself as a

top destination for international students

• London is aiming to capitalize on its wealth of education options; for example in October 2013 London Mayor Boris Johnson travelled around China for a week promoting London

• The focus is on London as a destination with all universities working together to pool resources and jointly make London an attractive destination for international students

London (Study London)

Page 21: Standing Out From The Crowd · Standing Out From The Crowd How Can Governments, Institutes, and Private Providers Collaborate to Create International Education Hubs and Differentiate

About The Parthenon Group’s Education Practice

The Parthenon Group is a leading advisory firm focused on strategy consulting, with offices in Boston, London, Mumbai, San Francisco, Shanghai, and Singapore. Parthenon has served as an advisor to the education sector since 1991. Parthenon’s Education Practice – the first of its kind across management consulting firms – has an explicit mission and vision to be the leading strategy advisor to the global education industry. To achieve this, Parthenon invests significantly in dedicated management and team resources to ensure that our global expertise extends across public sector and non-profit education providers, foundations, for-profit companies and service providers, and investors. Parthenon also has deep experience and a track record of consistent success in working closely with universities, colleges, states, districts, and leading educational reform and service organizations across the globe. Learn more about our Education practice at www.parthenon.com/industries/education

Ashwin Assomull Partner [email protected] + 91-22-67442500

Follow Us for Regular Updates

Twitter | @Parthenon_Group

Facebook | www.facebook.com/ParthenonGroup

LinkedIn | www.linkedin.com/company/the-parthenon-group

WWW.PARTHENON.COM