Understanding the Market Diversification Tool for International Education
**Introduction**
The Market Diversification Tool for International Education is a valuable resource for educational institutions looking to explore and compare potential markets for exporting education services. This tool combines six datasets that provide different perspectives on the industry and is designed to help organizations focus their recruitment efforts and explore new markets.
**Data Used in the Tool**
The tool utilizes six key datasets, including the value of US education services exports by country; policies and regulations in other countries that could affect how businesses operate there; the number of international students studying in the United States by country of origin, state education level, and gender; student entries into the US by visa type and country; the number of college-level students studying abroad around the world; and demographic and income data for each market.
**Understanding the Tool’s Interface**
The video also offers a walkthrough on how to navigate the tool and use the interface effectively. It provides detailed explanations on each button on the left-hand side of the tool, enabling users to understand how to explore trade data, market policies and regulations, number of international students, and demographic and income data.
**Accessing Valuable Information and Resources**
Additionally, the video directs users to other valuable resources available through the International Trade Administration (ITA), including the Education and Training Services Home page, market intelligence for the education industry, the Professional and Business Services team, and country commercial guides. These resources provide users with vital information and assistance in identifying market opportunities, trends, and demand in various international markets.
**Conclusion**
In conclusion, the Market Diversification Tool for International Education is a powerful resource for institutions seeking to expand their education services internationally. Through the combination of valuable datasets and user-friendly interface, the tool equips organizations with the insights and information they need to make informed decisions and navigate the global education market effectively.
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