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University student finances in 2012 - A study of the financial circumstances of domestic and international students in Australia’s universities
9. The financial circumstances of International students
The inclusion of international students in the Universities Australia Student Finances Survey for the first time in 2012 helps to provide a more comprehensive view of the circumstances of the full range of students in Australian universities. A caveat, however: we report on international students and their views and experiences of education in Australia as a single cohort, for our focus is at the national (Australian) level. In reality of course, international students are not an homogenous group. Students’ financial experiences of study in Australia are dependent upon on their country of origin (Table 9.1), the source of their funding for study (for example, whether their scholarships or other support are in home country currency or Australian based) and the rates of exchange between their home country and Australia, quite apart from their familial or personal financial wellbeing. That said, some overall conclusions can be drawn:
- International undergraduates have slightly higher incomes than their domestic counterparts. The mean annual income for international undergraduates is some five per cent higher than that of domestic undergraduates. Postgraduate coursework students’ and higher degree research students’ reported mean annual income, however, is lower than that of domestic students – by 11.4 per cent in the case of postgraduate course students, and 14.6 per cent in the case of research students;
- Students from developing countries with fluctuating currencies or countries that have unfavourable exchange rates with the Australian dollar have been adversely affected by the increased value of the Australian dollar;
- International students feel their financial circumstances are constrained by visa regulations which limit the number of hours they may work (and thus any supplementary income they may earn) during the academic year. Students also express some frustration that (in some states at least)...
Download the Report: University student finances in 2012.

Confirmed Speakers:

• Melinda Drowley, Head of Standards, Quality and Enhancement, QAA
• Gareth Parry, Professor of Education, University of Sheffield
• Ann Minton, Senior Workforce Development Fellow, University of Derby
• Roger Woods, Assistant Pro-Vice-Chancellor for Internationalisation & former Provost of Ningbo campus, University of Nottingham
• Colin Raban, Emeritus Professor, University of Derby & Director, Academic Quality Management Ltd (Chair)

The Context and Issues:
With universities operating in an environment characterised by heightened student expectations and international expansion, collaborative provision of higher education is coming under serious regulatory scrutiny. What more can HEIs do to ensure existing and prospective partnerships safeguard academic standards, are governed appropriately and dovetail with key institutional objectives?
By attending this Policy and Practice Briefing you will learn about:

• Strategy: ensuring partnerships serve institutional objectives
• Key responsibilities: upholding academic standards & the quality of learning
• Funding: adapting to changes to student number controls & funding
• Partners: working effectively with private providers & employers
• Planning: examining business cases, due diligence & risk assessment
• Fair admissions: recruiting with integrity in an increasingly competitive sector
• Public knowledge: making information accurate, readily available & appropriate
• Overseas partners: selecting partners, achieving objectives & avoiding pitfalls
• Establishing a partnership: how to respond to challenges likely to arise?
• Private sector involvement: how can universities take advantage of new trends?

Objectives and Outcomes:
Develop your understanding of current and future policy. The morning session will provide a chance to discuss the latest policy developments affecting collaborative provision of HE.
Learn from organisations that are successfully putting policy into practice. Taking part in the afternoon session will allow you to examine case studies of successful initiatives in detail.
Who Should Attend?
Delegates will be drawn from stakeholders including: universities, colleges, alternative providers, employers, relevant central Government departments and agencies.
Sponsorship and Exhibition Opportunities:
This Westminster Briefing offers your organisation a platform to profile its services to your target audience and key decision makers. There are a number of packages available, from aligning your organisation alongside the conference as a sponsor to exhibiting at the event. Please contact melanie.archer@westminster-briefing.com for details or download a booking form.

A new survey on the future of business education suggests demand from students and employers is growing for a more sustainable, international and technological future.
A Brave New World For Business Education - Money Or Fulfillment, China Or Chicago, Sustainable or Shareholder Value, on Campus or Online?
A new survey on the future of business education suggests demand from students and employers is growing for a more sustainable, international and technological future.
With much uncertainty in business education during the global financial crisis, CarringtonCrisp, supported by EFMD and ABS, launched the See the Future research study to better understand some of the key issues in business education over the next few years. Read more...

EFMD is launching a new networking group focused on Career Services. The first conference will be hosted by IE Business School, Madrid, Spain on the 20 - 22 November.
For the launch of the 2013 EFMD Career Services Network the steering committee has designed an excellent programme that will be attractive to all the persons in charge and responsible for taking strategic decisions in the field of career services. Under the conference theme 'Developing a Successful Career Services Strategy in your School', participants will investigate, discuss and explore a broad range of issues related to career services such as:

• An overall picture of career services by Universum that will explore students trends in career services, but also the students and employers perspective on career centres
• The strategic importance of career services for a business school
• Job mobility
• Internationalisation

...and much more. The conference programme is available here.
Please register now and make sure your institution is represented at this first EFMD Career Services Conference to discover and discuss the latest trends in career services. Numerous networking opportunities will be available throughout the event so you can develop you own community of career service professionals.