Douglas Tong Hsu

The Chairman of Far Eastern Group (a fortune 500 company with a $42 billion turnover and $70 billion market cap), addressing the dignitaries at the 30th foundation day of Yuan Ze University. He is also the owner of the university.

His speech emphasized on the importance of Artificial Intelligence and Machine Learning in today's day and age. Mr. Tong Hsu also emphasized on the growing opportunities in these fields in Taiwan.

Exploring Asia for Indian students

The movement of students to foreign countries does not stop with America, Europe and Australia. Indian students are starting to see the wisdom in “looking east” for their further education.

Asia, China, Bahrain and Philippines are considered the major hotspots for educational excellence. However, China and Singapore are expensive cities.

From the budget perspective, Taiwan has thus emerged as a winner in terms of higher education. Taiwan stands as a global rank holder in its management programs. But not a lot of students know about this exciting opportunity. So let's zoom in on Taiwan and see what makes it worth the pick.

What makes Taiwan ideal for higher studies

Each year, more and more students from around the world go to study in Taiwan for the following reasons:

  • Taiwan Universities are ranked among top universities in Asia for management. 32 in 130 Universities comes in Times Higher Education World University Ranking
  • 5th Most Affordable country to study in: Cost of study in Taiwan in roughly around USD $4300, where-as in India, it is roughly around USD $21,456 p/a.
  • Better return on Investment: Average package offered in Taiwan: USD $35,000 p/a, India top 20 colleges: USD $25,000 p/a
  • Cost of Living: Cost of living in Taiwan is cheap as compared to other developed Asian countries such as Japan, Singapore, Hong Kong, and Korea. Cost of Living in Taiwan on average is around USD $510 only.

Summer School in Taiwan

Some of the good Taiwan universities conduct summer programs for 2 weeks in June end or in July. The students who attend the summer school get to attend the classes, spend time in laboratories, visit industries and also go on evening shopping excursions to Taiwan's malls.

  • Students attending the summer schools in Taiwan get a certificate from the university.
  • The visa charge for visiting Taiwan by the Indian student is just about Rs 3,400. If you plan in advance to-and-fro air ticket costs about Rs 26,000.
  • If a student from India does an internship or Summer school program in Taiwan, his or her chances of securing with scholarship improve significantly, when they apply for MS admission in Taiwan
  • Students need not have to take GRE and TOEFL examinations for the admission process in Taiwan.
  • The Indian students who secure degree from Taiwan get permission to work in Taiwan (work permit).
  • Placement percentage for graduates from Taiwan is about 95%, actually in Taiwan for each university two to three days are called company placement days - In these 2 days, more about 150 to 200 companies visit Taiwan university campus to recruit the students in the campus

Where Taiwan Universities stand in terms of ranking vis-a-vis Indian Universities

1)  Top Management Universities in India

Group 1: ISB, IIM-ABC, SP Jain,

and XLRI

5% students


Group 2: IIFT, Middle IIMs, IITs - B,D,K,R,M


3)    Other Business Schools accredited by AACSB





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