In 2022, in metro cities, the male-to-female student ratio among applicants who sought admission abroad improved to 50:50 in comparison to 70:30 in 2019. During the same period, this ratio improved to 55:45 in Tier II and Tier III towns from 80:20. At a time when companies across the globe are making a conscious effort to improve women’s participation in their workforce, this development is been brought forth. Moreover, for women, a greater number of funding opportunities and dedicated scholarships are available.
Indian women are going to places such as the United States, the United Kingdom and other parts of Europe queueing up in droves in order to pursue higher education in foreign destinations. They do not just go to metro cities but also to smaller towns across the globe. When compared to the pre-pandemic year of 2019, in 2022, there has been a 100 to 150 per cent increase in the number of women who had applied to study abroad. This trend is expected to continue or may increase consistently in the years to come according to foreign education consultants and student loan providers.
Considerable increase in the male-to-female student ratio
In 2022, in metro cities, the male-to-female student ratio among applicants who sought admission abroad improved to 50:50 in comparison to 70:30 in 2019. During the same period, this ratio improved to 55:45 in Tier II and Tier III towns from 80:20. At a time when companies across the globe are making a conscious effort to improve women’s participation in their workforce, this development is been brought forth. Moreover, for women, a greater number of funding opportunities and dedicated scholarships are available.
Factors responsible for the increase in female applicants
According to experts, other factors that contribute to this shift of more women being enrolled in higher education abroad include a shift in mindset, enhanced diversity, greater affordability and push by education loan providers. There is a huge uptick in the number of female students who have been applying to universities abroad since the very beginning of the pandemic. Only 21 per cent of total applicants, before 2020, were female students. However, the number stands at 49 per cent today which is equal to almost half of the applicant pool.
Change in the mindset of the people
There is also a change in mindset in which, due to lack of exposure, parents do not want their daughters to fall behind. Currently, affordability among parents is more. Moreover, several financing options are available. Above all, parents want their daughters to acquire global exposure and a larger view of the world. In metros, male to female-student ratio has increased to 50:50 in 2022 from 70:30 in 2019. In tier II and tier III cities, the ratio has increased from 80:20 to 60:40 between 2019 and 2022.
Increase in the number of women pursuing STEM
The number of female students from tier II and beyond who were funded in 2019-2020 was less than 10 per cent. However, the female contribution from these cities has significantly increased in the current year. According to the report of the World Bank, a significant proportion of women from India are studying science, technology, engineering and mathematics (STEM) subjects. This has accounted for at least 43 per cent of the global cohort.
Increase in women seeking education loans
There has been a notable increase in women who seek education loans with mindsets evolving continuously. Thus, women are ready to achieve their dreams in an independent way. The participation of female participation is increasing by 145 per cent on average. This is seen exclusively across courses such as accounting, management, public health and analytics among others. In the years to come, the numbers are set to rise. This rise can be attributed to the fact that institutions and companies offer scholarships and other incentives to attract more female students.
Expected trend of consistent growth
A significant trend of consistent growth is expected to be seen in the coming years in the trend of female students seeking admission abroad. However, companies across the globe must work consciously towards a better gender ratio. Thus, dedicated scholarships are offered in various fields such as civil engineering, architecture, etc., in huge amounts as those never anticipated before. The increase in the participation of women in the economy is also expected to bring forth much better growth to the economy of India as well as that of other countries.
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