Dear Students,
LAST WEEK WE ASKED:
Do you think transnational programmes are losing their charm in India?
BEST RESPONSE
As of now, the transnational programmes are losing their charm because of higher fee, longer payback period and low return on investment, when compared to Indian degree programmes. The transnational programmes have grown 3-4 per cent less than the Indian degree programmes. However, this trend is set to change with the introduction of Foreign Educational Institutions (Regulation of Entry and Operations) Bill, 2010 which will provide much needed impetus to higher education by providing quality education as it will facilitate entry of quality foreign educational institution. With the arrival of foreign educational institution, the transnational programmes will gain greater acceptance.
- Nilaya Mitash Shanker, Shri Ram Swaroop Memorial College Of Engineering And Management (SRMCEM), Lucknow
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OTHER RESPONSES
The transnational programmes add an important extra overseas dimension to career development, leading to agreed priorities and a coordinated strategic response. With ever increasing graduates in India and their priority to sustain in cut throat competitive world makes them to opt such courses. It is likely that by 2014 demand for transnational education will be greater than domestic students seeking overseas campus-based experience. Moreover the names of IVY League colleges on resume provides lucrative offers.
- Nandish Agarwal, Galgotias College of Engineering and Technology, Greater Noida
An almost stagnant growth rate of transnational programs in India manifests the significant shortcomings it has. Firstly, it has failed in parameters such as neither did it provide additional quality nor profitable return on investment as compared to local universities. Mostly, strategy to increase the enrollment depends on new courses the program offers. However, it also becomes insignificant when compared to other courses offered by local universities. Moreover, Foreign Educational Institutions Bill awaits clearance in Indian Parliament where the main concern is to bring quality institutions to India and this losing charm may cause more abeyance.
- Prashant Kumar, Shanti Communication School, Ahmedabad
Due to global recession, transnational programmes are losing their charm. People who already living abroad are losing their jobs due to global markets slowdown, financial blockage of funds and spreading unemployment to cut down their expenses. So what is the guarantee that Indian students will be placed well if they take these programmes? Such circumstances change the student's perspective to go for transnational programmes. Post TASMAC event, the students who wanted to opt for transnational programmes in overseas education centres would have been stopped due to huge amount of risk specially when it can spoil any student career.
- Manav Badhwar, Amity Business School, Noida
Your responses should reach us at edu@businessstandard.com by Monday evening every week. Please ensure that your responses do not exceed 100 words. Avoid attachments and email your full name, institute's name, batch and complete mailing address. The student who gives the 'Best Response' will be awarded Rs 500.
THIS WEEK'S QUESTION:
Do you think it would be a good move to give weightage to 12 standard marks along with IIT JEE scores?