Indian students are recalibrating their study abroad choices with a sharper focus on career outcomes, affordability, and flexible pathways, according to upGrad’s latest Transnational Education (TNE) Report 2024-25.

The study, based on inputs from over 100,000 respondents, reveals that traditional destinations such as the United States and Canada are losing ground, while Germany, the UAE, and other non-traditional markets are gaining momentum. Applications to U.S. universities dropped 13% year-on-year, while Germany’s share jumped from 13.2% in 2022 to 32.6% in 2024-25, overtaking Canada and the U.S. The UAE now hosts 42% Indian students in its international cohort.

A majority of respondents (86.5%) prefer master’s programmes, with management and MBA enrolments rising sharply from 30% to 55.6% over three years. STEM courses also account for nearly 39% of student choices. The report highlights a decisive move away from permanent residency ambitions, with just 19.9% prioritising it, compared to 45.7% who value immediate career outcomes.

Financial pragmatism is shaping mobility decisions: 33% of students rely on loans and 28% on scholarships. Notably, 57.2% of upGrad’s FY25 enrolled learners come from Tier-2 cities, underscoring the widening reach of global education aspirations.

“Indian students today are far more intentional about their education choices – guided by geopolitical awareness, stricter visa regimes, and affordability,” said Praneet Singh, associate vice president – University Partnerships, upGrad Study Abroad. “Europe, the Middle East, and APAC are emerging as smarter, future-ready alternatives to the traditional Big Four.”

upGrad, one of Asia’s largest integrated skilling platforms, has also launched The Lighthouse podcast, featuring first-hand accounts from students navigating global education pathways.

Also Read: Half of India’s Workforce Missed Skilling Opportunities in FY24–25: upGrad Enterprise Report