Reflection on Internationalization of Higher Education
The internationalization of higher education is a multibillion-dollar industry that is currently going through an evolution. Enrollment on average is steadily declining and international exchanges of students is under increased pressure in both the EU and US.
Finland has estimated that, mainly due to the COVID-19 pandemic, the number of outgoing (from Finland) students this fall will be about 25% compared to F2019. Accordingly, the amount of incoming (to Finland) students is estimated to be about 35% compared to 2019. In addition, the overseas mobility has come down to a minimum.
How can higher education survive
Higher education is in serious trouble in the global environment. With the estimated value to US schools of $2.5 billion and an estimated value to job creation of $41 billion, this is a very serious business. To capture this market, academic institutions have had various models to deal with the international aspect of higher education.
The school needs to understand their objective and tie it into their overall strategy. This requires an in-depth review of schools’ ability to market their programs, ability to adjust to the compliance and regulations of their host nation as well as satisfying regulations and academic compliance within their home country.
In short – the review must take into consideration the ARC model – Agility, Resilience and Creativity.
Read more about the ARC model in the article written by Associate Professor John Donnellan from New Jersey City University, School of Business , and Principal Lecturer Janne Roslöf , Turku University of Applied Sciences. You can find the article in our Talk online magazine.