USA & Canada offering lucrative post-study options to international students

The relaxation of restrictions in early 2021 was a boon to study abroad aspirants. By the mid-2021, the number of Indian students applying for universities abroad increased by 50%, when compared to pre-covid scenario in 2019. However, there is now a significant change in the expectations of study abroad aspirants and their factors while shortlisting their universities abroad. The 2021 QS International Student Survey reveals that factors like living expenses, medical facilities and jobs are now extremely significant for any international student. More than 40% of international students are choosing their study abroad destinations based on post-study work opportunities.

When it comes to Indian students, the last 5 year trend showcases their an inclination to study in USA, Canada, UK, Australia. Of these, Canada and the USA are still amongst the top 3 study abroad destinations. According to the 2021 Ministry of External Affairs (MOE) survey, currently 2,11,930 and 2,15,720 Indian students are studying in USA and Canada respectively.

The trends of 2022 too highlights that almost 70% Indian students are either planning to study in USA or Canada. However, their reasons are no longer limited to the top ranking universities or low cost institutions. Work opportunities after graduation have consequently become a major motivator of international student mobility. Over 60% of international students in both USA and Canada want to stay and work in the country after graduation, at least temporarily.

With Collegedunia, Indian students can explore and learn about renowned study abroad destinations such as Canada and USA while also exploring future destinations such as Ireland, New Zealand, Germany, and the UAE. The Study Abroad experts give prospective international students information about 3400+ universities, 150,000+ courses, and 2000+ real student evaluations to investigate. All student inquiries, from the admissions process to visa rules, are addressed as thoroughly as possible.

Canada Records 78% Increase in Job Openings in 2022 for International Students

Undoubtedly, Immigration opportunities as well as significant post-study job opportunities are the two key factors for the interest of Indian students to study in Canada. Post the completion of the program, students can apply for the Canadian Post Graduation Work Permit and look for work. Jobs like nurse practitioner, computer analyst, teacher, pharmacist, financial manager, construction manager, and others are among the best in Canada.

In the 3rd quarter of 2021, Canada recorded an all-time high in the number of job vacancies with 912,600 jobs, according to StatCan. Saskatchewan accounted for the highest number of jobs, closely followed by British Columbia and Quebec. Some of the popular international brands with their businesses in Canada are EY, KPMG, PwC, Facebook, Deloitte, and LinkedIn are some of the top companies in Canada. The highest paying company in Canada is Goldman & Sachs offering 193,000 CAD/year

More than 50% Indian Students Enroll for OPT Programs; Seek 24-month Work Visa Extension

In terms of the field of overseas students in the USA, almost 21% were studying engineering-related courses in 2020-21, followed by nearly 20% seeking Math & Computer Science and 16% exploring business and management courses.

International students on an F-1 visa are eligible to apply for Optional Practical Training (OPT), provided that they’re studying in the US universities for a minimum one year period. STEM courses in the United States are popular among international students since they are in high demand in the country and provide students with a 24-month work visa extension after completing their master's degree.

According to statistics, management executives, doctors, dentists, software engineers, and other professions pay some of the highest salaries in the United States. Amazon, Walmart, JPMorgan & Chase and Apple are some of the top MNC’s in USA offering average salaries of 94,700 USD per year. However, the highest salary offered after studying in USA is 423,000 USD.

USA offers some of the highest-paying jobs to international students, due to a growing number of global companies that provide multiple career opportunities. Canada, on the other hand, has evolved into a large job market that provides a diverse range of research opportunities as well as superior prospects to build a strong professional network. The United States ranks 3rd with Canada not far behind in 5th place.

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