June 28, 2024
7
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Top Destinations to Study Abroad for Indian Students

Studying abroad is a dream for many of the Indian students, offering a chance to gain global exposure, access world-class education, and experience diverse cultures since it gives the chance to many inaccessible opportunities such as cultural exposure to new career opportunities. According to Bureau of Immigration (BoI) statistics,the number of Indian students who went abroad was 7.50 lakh in 2022 and 4.44 lakh in 2021. The number of Indian students who went abroad for studies has risen to 7.65 lakh (up to October 2023). Choosing the right destination is crucial to making the most of this opportunity. Exploring the best countries to study abroad for Indian students, focusing on top destinations, popular programs, and tips to ensure a successful study abroad experience, this blog may be just the right fit to cover all your doubts.

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Why Study Abroad?

Before diving into the best countries to study abroad for Indian students, let's understand why studying abroad is beneficial as it offers quality education. Foreign countries have a rather large range of courses to pursue from renowned universities and their departments. Many of the best universities as per QS University Ranking lies outside of India. This provides cultural Exposure to students. One can not only experience diverse cultures but get to understand newer adventures which motivates people to live, adopt a wider perspective, and fit into society. Other than personality development, it also opens doors to Career Opportunities. One can Enhance your resume with international experience. It has been evident that international students have more personal Growth due to development of independence, adaptability, and global perspectives.

Best Countries to Study Abroad for Indian Students

1. United States

The United States is home to many of the world’s top universities, offering a wide range of programs and excellent research facilities. India has the largest new student population in the US in 2024 based on F-1 visas issued. Infact , the US Consulate General in Mumbai anticipates a 10% increase in visa applications from Indian students this year (India Today, 2024). The diverse and inclusive environment makes it a welcoming place for international students. Additionally, the US offers numerous scholarships and financial aid opportunities, making it more accessible to Indian students. The strong U.S. job market, especially in technology, engineering, business, and healthcare, coupled with the Optional Practical Training (OPT) program, enhances post-graduation prospects for international students. Popular Programs it offers are Engineering and Technology, Business and Management, Computer Science & Healthcare and Medicine.

University Rankings

University Rankings

University QS World University Ranking 2024
Massachusetts Institute of Technology (MIT) 1
Stanford University 3
Harvard University 5
University of Chicago 10
University of California, Berkeley (UCB) 27

2. Germany

Germany offers world-class education, especially in engineering and technology fields. Many universities offer programs in English, and the country’s strong economy provides excellent job prospects post-graduation. Many public universities in Germany do not charge tuition fees. While living expenses might be comparable to other Western European countries, the absence of tuition fees makes it an attractive choice. When young adults seek fewer restrictions and more certainty in their careers,  Germany’s EU Blue Card has made it one of best choices. However the medium of communication in University is English, one must be assured of learning German before applying in a job market. Some of its most popular Programs include Engineering, Information Technology, Natural Sciences & Business and Management.

University Rankings

University Rankings

University QS World University Ranking 2024
Technical University of Munich 49
Ludwig-Maximilians-Universität München 59
Ruprecht-Karls-Universität Heidelberg 65
Freie Universitaet Berlin 118
RWTH Aachen University 147

3. United Kingdom

The UK boasts some of the oldest and most prestigious universities in the world.The UK is among the top destinations for Indian students, and the demand for efficient and cost-effective money transfer services is growing (Economics Times, 2024). To benefit from the high-quality education and the global recognition that comes with a degree from these institutions, the UK stands as a suitable choice. It offers a rich academic tradition, diverse course options, and strong links to industry and research. Compared to 2019, the number of study visas held by Indians has surged by seven times, underscoring the UK's rising status as an academic destination (India Today, 2024). The UK's shorter duration for many undergraduate and postgraduate programs can also be a financial advantage for students.Business and Management, Law, Social Sciences & Arts and Humanities are its most popular programs. To know about scholarships UK offers, visit our another blog.

University Rankings

University Rankings

University QS World University Ranking 2024
University of Cambridge 2
University of Oxford 4
Imperial College London 6
UCL (University College London) 8
The University of Edinburgh 15

4. Australia

Australia is a preferred destination for its quality education, vibrant student life, and beautiful landscapes. The country’s universities are known for their strong emphasis on research and practical learning. India has been the second-largest source country for international student enrolment in Australia, with over 1,22,000 Indian students studying there between months of January and September 2023 (India Today, 2024). Additionally, Australia offers a friendly and supportive environment for international students with various services and resources available to help them adjust to life in a new country makes it a satisfactory destination for students so much so that 41% Indian women opted for Australian universities in the latest intake. With nine Australian universities in the top 100, and 95% of them globally ranked, Australia offers global opportunities for students to excel in their careers (Education Times, 2024) It offers education from Engineering and Technology, Health Sciences, Environmental Sciences to Arts and Humanities.

    University Rankings    

University Rankings

                                                                                                                                               
UniversityQS World University Ranking 2024
The Australian National University30
The University of Melbourne33
The University of Sydney41
The University of New South Wales (UNSW Sydney)45
Monash University57

5. Canada

Canada is known for its high-quality education system, affordable tuition fees, and welcoming attitude towards international students. The country’s multicultural society and safe environment are added advantages. India was first among the top 10-origin countries for study permit holders in 2022 in Canada, with 319,000 students (Economic Times, 2023). Moreover, Canada offers work opportunities for students during and after their studies, making it an attractive option for those looking to gain work experience abroad. Its popular Programs include Engineering, Information Technology, Business and Finance & Environmental Science. 

    University Rankings    

University Rankings

                                                                                                                                               
UniversityQS World University Ranking 2024
McGill University31
University of Toronto34
University of British Columbia47
University of Alberta110
University of Waterloo154

6. Netherlands

The Netherlands offers a progressive education system with a strong focus on innovation and research. It is renowned for its high-quality programs taught in English, making it accessible to international students. 2024 is set to spotlight alternative study destinations for Indian students like Ireland, the Netherlands (Business Standard, 2024). Dutch universities are highly ranked globally, and the country’s welcoming and tolerant society provides a conducive environment for students from diverse backgrounds. Its most popular programs include Engineering and Technology, Business Administration, Economics and Finance, Social Sciences.

    University Rankings    

University Rankings

                                                                                                                                               
UniversityQS World University Ranking 2024
University of Amsterdam58
Delft University of Technology61
Utrecht University112
Leiden University131
Eindhoven University of Technology138

7. Singapore

Singapore is a global hub for education, offering a blend of Western and Asian academic traditions. The city-state is known for its high quality of life, safety, and excellent educational institutions. Its strategic location in Asia also makes it an attractive destination for students looking to study in a dynamic and diverse environment. According to the Ministry of External Affairs, Singapore currently has over 10,000 Indian students pursuing higher education there. Singapore offers a world-class education system and serves as a gateway to Southeast Asia's growing economies. The programs it holds with pride include Business and Management, Engineering, Information Technology & Biomedical Sciences.

    University Rankings    

University Rankings

                                                                                                                       
UniversityQS World University Ranking 2024
National University of Singapore8
Nanyang Technological University26
Singapore University of Technology & Design429
Singapore Management University545

8. France

France is a renowned destination for education, celebrated for its rich cultural heritage and academic excellence. It offers a unique blend of historical charm and modern innovation, making it an attractive choice for students worldwide. France's high quality of life, diverse academic programs, and strong emphasis on research and development draw numerous international students each year. In an interview with Business Standard, Shalini Lambah, Chief Executive of India at Migrate World, DUDigital Global, discussed how work visas often restrict holders to a specific company, requiring them to leave the country if their employment ends unless they secure another job with sponsorship. She highlighted that the removal of this restriction in countries like France has made them more attractive options for students once they graduate. Its most Popular Programs include Arts and Humanities, Fashion and Design, Engineering & Business and Management

    University Rankings    

University Rankings

                                                                                                                                               
UniversityQS World University Ranking 2024
PSL Research University, Paris24
Institut Polytechnique de Paris38
Sorbonne University59
Université Paris-Saclay71
Ecole Normale Supérieure de Lyon184

9. UAE

The UAE is rapidly becoming a prominent destination for higher education, known for its modern infrastructure and diverse cultural environment. It offers a blend of Western education standards with a Middle Eastern setting, making it an attractive choice for international students. The UAE's strategic location and booming economy provide excellent opportunities for academic and professional growth. According to the External Ministry, 1,64,000 students have gone to the UAE in a five-year span from 2017 to 2022. UAE emerged as the third most destined country for Indian students in this duration (NDTV, 2023). The country offers a world-class education system and serves as a gateway to the Middle Eastern market. Business and Management, Engineering, Information Technology & Hospitality and Tourism are some of the popular Courses it offers.

10. New Zealand

New Zealand is an emerging hub for education, known for its stunning landscapes and high-quality educational institutions. It offers a supportive learning environment and innovative teaching methods, making it a preferred destination for students worldwide. New Zealand recently announced acceptance of the IELTS One Skill Retake option. This allows test takers to retake any one of the four skills (listening, reading, writing, or speaking) if their initial attempt falls short of the desired score. The country is celebrated for its safe and welcoming atmosphere, providing students with a unique cultural experience. New Zealand also offers multiple scholarships to International students. Its popular Programs include Environmental Science, Engineering and Technology, Business and Management, Health Sciences

Managing Finances Abroad

When studying abroad, managing your finances effectively is crucial. Here’s how:

Use RBI-Authorized Money Changers

Ensure your money transfers are secure and comply with regulations. Foreign exchange providers offer competitive rates and lower fees compared to traditional banks.

Monitor Exchange Rates

Exchange rates can fluctuate, so transfer money when rates are favorable. Check Forex Rate with our website anytime.

Plan for Living Expenses

Budget for accommodation, food, transportation, and other daily expenses. 

 Look for Scholarships and Financial Aid

Many countries and universities offer scholarships specifically for international students. Set alerts on Google for such scholarship availability.

Final Thoughts

Studying abroad is a life-changing experience that offers countless opportunities for personal and professional growth. Choosing the best country to study abroad for Indian students depends on various factors, including the quality of education, cost of living, and career prospects.

By carefully planning your finances and using RBI-authorized foreign exchange providers, you can ensure a smooth and successful study abroad journey. Explore these top destinations, find the right programs, and make the most of your international education experience.

For all your foreign exchange needs, trust our services to provide the best rates, low fees, and secure transactions, helping you focus on what truly matters – your education and future success. 

Exploring these top study abroad destinations can help you make an informed decision about where to pursue your higher education. With the right planning and resources, you can embark on a successful academic journey and create lasting memories and opportunities.

Sources:

  • India Today.

https://www.indiatoday.in/education-today/story/top-destinations-that-study-abroad-consultants-are-suggesting-for-2025-2557188-2024-06-24

  • Times of India.

https://timesofindia.indiatimes.com/education/study-abroad/top-10-countries-for-indian-students-to-study-abroad-universities-opportunities-and-more/articleshow/110616360.cms

  • The Hindu.

https://www.thehindu.com/news/national/kerala/growing-mismatch-between-indians-going-abroad-and-foreigners-coming-to-india-for-higher-studies/article67900362.ece

  • Education Times.

https://www.educationtimes.com/article/study-abroad-au-nz/99735344/study-in-australia-41-indian-women-opted-for-australian-varsities-in-the-latest-intake

  • India Today.

https://www.indiatoday.in/education-today/study-abroad/story/why-indian-students-are-choosing-uk-for-higher-studies-2554621-2024-06-18

  • Economic Times.

https://m.economictimes.com/nri/study/canadas-higher-cost-of-living-requirement-for-students-to-worsen-financial-burden-say-parents/articleshow/105864403.cms

  • Business Standard.

https://www.business-standard.com/finance/personal-finance/forget-us-canada-indian-students-now-prefer-netherlands-finland-124042200246_1.html

  • NDTV.

https://www.ndtv.com/education/5-most-preferred-education-destinations-amongst-indian-students-4365296

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