International Schools Market Sees Growth And New Opportunities This Year
Published 17th January 2018 - The demand for international education delivered in the language of English is becoming increasingly accessible to families around the world and, as a result, the market is going from strength to strength. At the ISC Research Conference in January, the company's team of field researchers shared some of the very latest intelligence and data gathered this academic year about developments within the international schools market.To get more international schools, you can visit shine news official website."
The chance to choose between different school types close to home has changed the way many parents approach their child's education," said ISC Schools Director, Richard Gaskell. "As more international schools have opened around the world and incomes have increased, so parents in many countries have become increasingly aware that the two traditional solutions; either their country's state education, or a foreign boarding school thousands of miles away from home, are no longer the only two options available for their child. International schools,
which offer a Western-style of teaching and learning in the language of English, and international curricula working towards globally-respected qualifications, have become the preferred route for an increasing number of local, as well as expatriate families." He indicated that well over 80% of all students now attending international schools are the children of local aspirational parents seeking out for them a reliable pathway to some of the best undergraduate degrees in the world.ISC's team of in-country research experts based around the world, visit an extensive range of international schools in their regions, gathering crucial information on the demand, supply, challenges and opportunities for international education directly from senior leaders. This research, combined with the company's connections with leading school associations, government bodies, and other specialist educational sources,
provides a highly comprehensive, independent picture of investment and development potential within the market which they shared at the conference.In Thailand, he pointed out that "international schools offering a Mandarin and English bilingual programme are those most favoured by the local parents, influenced by the strong trading route that exists between their country and China." And in Vietnam, Sami said that "current government regulations restricting the number of Vietnamese students attending foreign-owned international schools looks set to change. Although a hoped-for removal of the cap is unlikely, a reduction on the cap is anticipated. However, the law is yet to be passed," he addedISC Field Researcher in South East Asia, Sam Fraser said "the mid-fee international schools sector has development potential throughout the region but, to date, has remained relatively untapped.
Because of the increasing number of expatriates with trimmed benefits packages, and the growing number of local families seeking out international education options, there's a real need for such schools that more people can afford from their own salaries," he explained. Sam noted that "in Johor state, which links Malaysia to Singapore, a significant number of new international schools are predicted to open as a result of extensive development of oil and gas projects, plus a new high-speed rail network which will connect the two countries.
"ISC Research Consultant for China, Grace Shi talked about developments in China. "Growth is occurring, at huge pace, in the international schools that are accessible to local Chinese children," she said. "Waiting lists are extensive at all good international schools and much more school development is expected. Several schools are due to open including the British independent school brands of King's College School and Lucton School in September 2018, Uppingham School in 2019, and Westminster School in 2020; all Arlo Kipfer who joined ISC Research in 2017 to advise on international school development in Asia Pacific and who has expertise on the legal framework for foreign school investment in China, provided reassurance for future investors and developers. "Recent increased clarity in China's private education law has been a big benefit for investment," he said. "Certain school entities can now legally receive dividends." However, he added: "There have been some epic disasters with investor partners in China. You really need to know the investor that you're dealing with and the market you are reaching out to," he warned.
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