Overseas education consultancy franchises are rapidly growing as more and more students are willing to enroll in foreign universities. Read on...
To achieve global recognition and to create a larger impact in their respective careers, many Indian students prefer going abroad than studying here in India. In the recent reports, the exact number of students flying abroad for higher studies every year is estimated to be7, 52,725. Such a massive number creates opportunities for many agencies – overseas education consultancies– that are responsible for guiding students to get started with the application process of a particular foreign university.
Overseas education consultancies are rapidly growing as more and more students are willing to enroll in foreign universities. More and more consultancies are taking the franchising route to cater to a larger number of students, thereby creating opportunities for professionals in the field.
Ease of Admission with Overseas Education Consultancies
One of the biggest factors why overseas education consultancies are increasing, especially in India, is that it becomes much easier for students to get admission in the top foreign universities with the help of these consultancies. In Indian institutions, high cut-offs hinder even the brightest students to get into the best universities.
On top of that, some of the biggest institutes in India such as IIMs, IITs, AIIMS, etc conduct entrance exams that are hard to crack. A study reveals that on an average, a student has less than 50% chance of securing admission in highly reputed IITs. So, with the help of these consultancies, students choose to grab foreign universities with ease, thereby enabling more students to enroll with such consultancies. This surges the growth of the industry.
Overall Counseling attracts Students
An overseas education consultancy is not just responsible for making a connection between the students and foreign universities, but these also help students in finding out their interests, providing funding, visa documentation, and many other things that a lot of students might not know about while searching for the foreign university. The overall information that these consultancies provide is one of the biggest reasons why students make connections with these consultancies. For instance, Truematics Consultancy Services– an overseas education consultancy that operates under franchise model– offers services to students like career counseling, finding courses, application in the universities, test preparations (IELTS, TOEFL, etc), funding, visa and many more and is one of the leading players in the market.
Foreign Universities Tying up to Attract Indian Students
With the largest number of school-goers, India is one of the biggest markets for foreign universities. These universities wish to attract as many students as possible, so they approach education consultancies to reach out to Indian students and enroll them in their universities. The tie-up of both these education providers gives rise to the growth of the entire overseas education industry.
Lucrative Franchise Opportunities
Another major reason for the growth of such consultancies is that the bigger players offer lucrative franchises in this segment. Truematics Consultancy Services offers highly rewarding franchise opportunities in Rs 50,000-2 lakhs whereas Envoy Overseas Education Consultants provides franchises in Rs 2-5 lakhs. Overseas education consultancy franchises are low-cost business opportunities with which aspiring edupreneurs could start their entrepreneurial venture easily and this is kind of service today is in great demand, and will only go up in the near future.