Future gazing: What will Big Data mean for insurance?
April 10, 2018Should Civil Unrest Remain on Risk Registers? Part II
May 1, 2018Harry Rosenthal, General Manager, Risk Management Services, Unimutual, discusses Australia’s international student cohort and strategies for monitoring their welfare.
Strategic planning is very much on the minds of university executives – a response to the newly-competitive environment in which higher education now operates. As Australian universities operationalise their strategic plans, it is clear that international student numbers play a large role for many institutions in their vision of a sustainable future. Nationally, they play a significant role as well, contributing $20 billion of revenue to the economy in 2016. A quick examination of Australian university international student totals shows that the sector now hosts over 1.23 million international students,[1] and on average, international students make up almost 25% of an institution’s total student body.
This emerging risk report examines the importance of international student attendance to the sustainability of the higher education sector – and provides some guidance for our university and college members to better fine-tune their strategic risk programs, particularly regarding international student enrolments.