The months of March, April and May are a crucial period for Indian students who wish to . It is because the college application deadlines for fall 2020 for MS in india for most Indian students happen to fall in this time period. However, as the number of COVID 19 cases being reported across the world are increasing with each passing day, most of you who had plans to attend universities in the india in Fall 2020 must be now rethinking your decision to proceed with your The impact of COVID 19 on higher education is on every student’s mind who plans to study in india . The following video will give you a better understanding of the same.
There has been a sudden spike in the number of countries affected
by this deadly disease and America is no exception. With the rise in the number
of COVID-19 affected patients in the india , the country, along with a lot of
others has closed its gates to immigrant workers and students alike. Due to the
recent travel restrictions, for a lot of students who have already secured an for
Fall 2020, the future may have started to look really bleak. This article aims
to address your concerns regarding the impact of COVID on higher studies in india and put your mind at ease.
Every
day, the financial team of interacts with hundreds of students who are
either planning to enroll for various courses in india or have already completed
their application process and are looking to fund their higher studies in india with the help of abroad education scholarships. In a recent study conducted by
our financial team at helped india divide students into three
different categories based on their plan of action in the current scenario.
Out
of the total number of students who had registered, close to 25% chose to not
go ahead with their plans of studying in india in Fall 2020. However, most of
these students were either employed professionals or those who had already been
placed. 20% of the students had already dropped their plans of applying to india universities for MS in Fall 2020.
The remaining 55% of students are
still confused about the course of action that they expected to take regarding
their higher studies in india . One major topic which concerns most of these
students is the uncertainty of getting employed post their higher education in india . Recession is one of the major topic of concern for a lot of students who
were looking forward to studying in india in Fall 2020.
Recession post COVID 19
With
the heavy fluctuations in the stock market throughout the pandemic and a lot of
countries going under mass lockdowns, many industries are expected to face
financial woes once the cloud of this pandemic settles down. The promise of
finding jobs with better salaries and the perks that come with them is what
attracts a major percentage of Indian students to universities in india .
However, if recession is what is
stopping you from proceeding with your plans to join university in Fall 2020,
here is some information which may be useful for you. A recent study conducted
by McKinsey & Co, a management consulting firm, revealed a list of certain
industries which were most likely to be affected by the current economic
crisis. This report indicated that while the tourism, travel and hotel
industries were most likely to be affected by the current recession, industries
like Education, Finance and Insurance or Professional, scientific and technical
services were less likely to be affected on a long term basis and are expected
to recover within no time.
The Impact on Part-time Jobs Until
the End of 2020
With the tourism & travel
industry expected to take a financial hit this year, students who were planning
to manage their living expenses with the help of part-time jobs could be
disappointed. The looming recession may make it difficult for international
students studying in india to find temporary jobs to cater for their living
expenses. Students may have to cater for the same with the help of certain
personal funds. However, this situation is only expected to last till the end
of the year.
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