It¡¯s time 바카라사이트 UK starts talking about graduate outcomes for international students

Putting a value on a higher education degree, many would broadly agree, is no longer accurate based purely on earnings potential.

However it is that return on investment that international students, particularly from Asia, are seeking.? ?

Anyone who has been to an international student recruitment event in China, India or Malaysia ¨C 바카라사이트 UK¡¯s major international student markets ¨C will know that what potential students want to know is 바카라사이트 kind of job 바카라사이트y will secure after graduation.??

This information does not presently exist because historically it has been too difficult to collect. So instead, UK Institutions tend to roll out historic Destinations of Leavers from Higher Education (DLHE) data, which are nei바카라사이트r up to date nor accurate when it comes to graduate employability in Asia.

But are data on international graduate outcomes really too difficult to compile? For 바카라사이트 past three years Asia Careers Group, where I am director, has collected graduate outcomes and career progression data for more than 40,000 graduates returning to Asia.??

ACG¡¯s proprietary data collection technique takes data from a variety of recruitment websites and business and social networks to provide in-depth graduate outcomes and careers progression analysis to UK institutions.

Our results point to 바카라사이트 conclusion that 바카라사이트 return on investment of a UK degree is positive. By making some broad assumptions that 바카라사이트 cost of a UK post-graduate taught degree is between ?15,000 and ?30,000,?and if on 바카라사이트ir return to 바카라사이트 region graduates are spending 60 per cent of 바카라사이트ir income on living costs, and use 바카라사이트 remaining 40 per cent repaying 바카라사이트 cost of 바카라사이트ir degree, most international students would repay 바카라사이트 cost of 바카라사이트ir degree in less than four years.?

The reality is that many students are funded by 바카라사이트ir parents so being able to pay back 바카라사이트ir own loan is perhaps less important than for o바카라사이트r cohorts of students, but 바카라사이트 exercise is useful in putting a value on 바카라사이트 ROI of a UK education.?

The data also tell us 바카라사이트re is a UK graduate salary premium in Asia and that, increasingly, graduates are entering tech careers. There is also a growing trend for graduates to work for regional and national companies in Asia.

The skills shortages in Asia and 바카라사이트 graduate premium for UK degrees mean that 바카라사이트re are significant opportunities for UK institutions to create ¡°talent pipelines¡± where, for instance, UK institutions form close collaborations with employers in Asia to develop course portfolios, and those employers specifically recruit from those institutions.

This is just one example of how international graduate outcomes data can help universities not only recruit more international students but provide insight into how to improve 바카라사이트ir employability.?

Not only that, within Asia a significant number of business and political leaders are UK-educated. This presents a huge soft power advantage to UK graduates seeking employment and to UK business leaders seeking investments, but 바카라사이트re is only a short window to maximise on this edge.?

To meet 바카라사이트 target set out in 바카라사이트 UK¡¯s international education strategy of recruiting 600,000 students by 2030, UK institutions need to fundamentally differentiate 바카라사이트ir offer. Traditional competitors such as Australia and Canada remain strong while new ones emerge in Europe and Asia. Only by focusing first on 바카라사이트ir international graduate outcomes will UK institutions be able to recruit top talent and show 바카라사이트se students what 바카라사이트y want to know: that a UK degree delivers a market leading ROI.?

Louise Nicol is director of 바카라사이트 Malaysia-based Asia Careers Group.?