Export of Higher Education Services in Mongolia

Abstract

Higher education institutions face numerous obstacles to attracting international students in today's globalized world. International trade in higher education services encourages economic growth and enhances the transfer of knowledge, potentially resulting in greater knowledge and expertise that can help countries remain competitive in a globalizing world. Higher education has become a major export for the economy; it generates a huge amount of money in both developing and developed countries. This article looks at recent advances in Mongolia's international higher education sector. It explains the reasons why foreign students come to study in the country, and we also try to examine the benefits and drawbacks of studying in Mongolia for foreign students. We conducted surveys with 200 foreign students from China, Russia, Inner Mongolia, Korea, and Japan. According to the results of the research, the main factors that contributed to the increase in the number of foreign students studying in Mongolia are the ease of obtaining a visa, the quality of the curriculum, the low requirements for admission to universities, the proximity to the home country, etc. In the future, policymakers and experts working in this field should focus on increasing scholarships, increasing the quality and accessibility of the educational environment in order to attract foreign students.

Keywords: Education export, Mongolia

DOI: 10.7176/EJBM/16-1-09

Publication date: February 28th 2024