MyPeegu’s net loss narrowed by 77% to Rs 6.75 lakh in FY22; the company plans to expand to international markets

MyPeegu’s net loss narrowed by 77% to Rs 6.75 lakh in FY22; the company plans to expand to international markets

The company’s revenue from operations rose 21% to Rs 15 lakh in FY22 from Rs 12.31 lakh in FY21, as per regulatory filings accessed by business intelligence platform, Tofler. The company’s net loss narrowed 77% to Rs 6.75 lakh in FY22 from Rs 30.39 lakh in FY21. 

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Fortune Institute of International Business aims to create affordable courses; to focus on adapting new technologies in the curriculum 

The 30-year-old Fortune Institute of International Business (FIIB) claims to offer a spectrum of programmes. These include MBA programmes accredited by the AICT and doctoral programmes tailored for both full-time and part-time students. FIIB’s approach to curriculum development revolves around teaching what truly matters to the industry, whether in the realms of social or business dynamics. We strive for futurism, continuously asking ourselves how we can make a lasting impact, Radhika Shrivastava, executive director, Fortune Institute of International Business, told FE education.

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Surge in Indian student enrollment in US varsities; fueled by record issuance of F1 visas and shift in trends in international education

The number of Indian students in American universities has increased by 35%. The enrollment of Indian students has now reached 2,68,923 in the academic year 2022-23, positioning them as the second-largest group after China, according to the ‘Open Doors 2023 report’ on international educational exchange released by the United States (US) department of state’s bureau of educational and cultural affairs and the Institute of International Education (IIE), an educational not for profit organisation. The primary factor behind this surge is the unprecedented issuance of F1 visas by the US government to Indian students in the past year, marking the highest number in recent history, Patriek Karayil, president, American Colleges, told FE Education.

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Education New Zealand’s Jugnu Roy on how the country is becoming a destination for international students 

As experts suggest in recent years, there has been a significant surge in students seeking educational opportunities beyond their home countries. This trend is propelled by several factors, including the pursuit of high-quality education, exposure to diverse cultures and the desire to enhance global perspectives. As borders become more permeable, institutions worldwide are actively engaging in partnerships and collaborations to attract a diverse student body.

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UGC to revamp NET syllabus for teaching aspirants, says chairman Jagadesh

University Grants Commission (UGC) has announced the forthcoming revision of the curriculum for the National Eligibility Test (NET), a mandatory examination for individuals aspiring to pursue teaching positions in higher educational institutions. The UGC will establish an expert committee to carry out this revision. Candidates will receive ample notice before the implementation of the new syllabus in UGC-NET, ensuring a seamless transition.

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Five non-BJP ruled states skip inaugural State Educational Achievement Survey

Non-BJP ruled states, including Delhi and West Bengal, abstained from participation in the inaugural State Educational Achievement Survey, organized by the national assessment regulator PARAKH, as disclosed by officials from the Education Ministry. The survey’s objective was to pinpoint areas necessitating improvement in school teaching and learning. It aimed to gauge baseline performance concerning competency development at the culmination of foundational, preparatory and middle educational stages, according to an official announcement.

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Gaming course enrollment soars 25% in 2023 academic year; reveals College Vidya report 

College Vidya has unveiled a report unveiling the extraordinary upswing in the demand for gaming courses throughout India. The results disclose a noteworthy uptick of 25% in student enrollment, with over 300 students per month opting for gaming-related courses during the academic year 2022-2023, in contrast to the figures from 2021, according to an official release.

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RV University and ICAI sign an MoU to build a strategic alliance for research initiatives

RV University (RVU), Bengaluru and the Institute of Chartered Accountants of India (ICAI), a statutory body set up under an Act of Parliament, have entered into an MoU.  The MoU involves collaborations in the areas of inter-institutional visits, faculty exchange, staff development, academic publications, research and educational collaboration, according to the official release. 

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University of Essex announces academic excellence scholarship for Indian Master’s students

UK-based University of Essex announced the Academic Excellence International Master’s Scholarship for Indian students. This initiative is designed to provide financial support to Tier 2 university students in India pursuing postgraduate studies in the UK. Scholarships worth up to £3000 are available for Indian students who are looking to enroll in January 2024 intakes, as per the official release. 

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FUEL launches future skills training programme in Indonesia

The Friends Union for Energising Lives (FUEL), a non-profit organisation and Yayasan Mitra Mandiri Indonesia (YMMI) have partnered with VFS Global to introduce an innovative future skills training initiative aimed at empowering 250 youth in Jakarta. VFS Global stands as the world’s largest specialist in outsourcing and technology services for governments and diplomatic missions, according to an official release.

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Arch College of Design and Business invites applications for Admission 2024

The college claims to offer a wide gamut of industry-oriented courses of international standards with university certification. The various UG and PG programmes offered are Fashion, Interior, Product, Interdisciplinary Design, Jewellery, Graphic, Photography, Digital Design and Design Communication, coupled with specialised courses combining Design education with Business and Entrepreneurial knowledge, as mentioned in the release. 

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