Our share in global higher education market :-(

TO COMPETE in global human resource market, quality education is a basic requirement. Due to increasing competition it is more pertinent to have quality education then past time. Quality education means physical facilities as well as faculty, curriculum and the outcome of the academic learning. By bringing revolutionary changes at national level in universities like; planning, funding, physical facilities, monitoring, research, faculty, training, syllabuses, classroom dynamics and educational governance – we can achieve the objective of quality higher education. According to federal government statistics: during last five years, thirty five new universities and degree awarding institutions were established or achieved chartered university status and another thirteen new proposals are received; PhD degrees were awarded to 5,536 students, and 25,812 fresh students were enrolled in PhD programmes. While by 2010, there were 3,820 students who received PhD degree. This is undoubtedly an admirable growth; but at the same time the increase in global higher education demand is far ahead of the figures. The globalisation of teaching and research are becoming critical objectives for most of the institutions for many reason, specially quality standards, and global relevance. They are attracting the best students and human resource, generating revenue, and pushing the frontiers of knowledge through research. According to a global research report, the overall global market for education is $4.4 trillion, in which the global higher education market share is $43.06 billion, which is expected to grow $65.83 billion by 2019. The e-learning market is projected to grow by 23 percent between now and 2017, making it the fastest-growing market in education. In 2009, the global tertiary enrolments touched 170 million in which four countries alone – China, India, USA, and Russia have a combined share of 45 percent. The other significant emerging economies were Brazil, Indonesia, Iran, South Korea, and Turkey. In recent years, India and China have changed their trend and opened their doors for the international students. As USA and UK holds the level of attraction for international students specially Pakistani and Indian, Pakistan have same level of attraction for Middle Eastern countries students, our education systems is comparatively more advance then Middle Eastern countries. Hence we need to target foreign students to study in our academia and research organization, and this can only be done by provision of quality education. Its a known fact that foreign students not only bring foreign exchange but also benefit to build soft image of the country. We are already getting good number of enrolment from Middle Eastern countries like Kingdom of Saudi Arabia, Yemen, Syria, Oman Jordon, Sudan, Somalia and other African countries. Now it is the duty of relevant quarters and authorities specially Higher Education Commission to accelerate this flow of foreign students by minimizing the unnecessary hurdles.

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