Recent trend shows that Indian students are opting for international universities to pursue their higher education in non-traditional courses like robotics, applied science or artificial intelligence along with sports management, music technology, photonics and image consulting. With the availability of education loan for these off-beat and non-traditional courses, this has made it more convenient for aspirants to study abroad.
Although India has a few universities and educational institutions offering some of these courses, they are quite new and have a long way to reach global standards. There are many renowned educational institutions— Universities in Europe and the United States
Neeraj Saxena, CEO and MD, Auxilo Finserv Pvt Ltd, said: “Earlier, educational loans were available only for certain professional courses. Staying abreast with the changing trends, many loan providers provide students with an education loan for studying courses like robotics, sports management or music technology. This has led to the rise in the number of Indian students aspiring to pursue off-beat courses from international educational institutions.”