May 25, 2023
The University of Wollongong (UOW) has received approval to offer classes in India after a meeting between Prime Minister Narendra Modi and UOW Vice-Chancellor Professor Patricia M Davidson. UOW will establish its new campus in GIFT City, and operations are expected to begin by the end of this year.
UOW is renowned in Australia for its exceptional teaching and learning environment. Professor Davidson expressed gratitude to the Australian government, Prime Minister Modi, and his administration for their assistance in bringing this opportunity to India.
Currently, more than 2,500 Indian students are enrolled at UOW in Australia, with a majority studying business, engineering, or information sciences. The number of Indian students studying in the country is projected to reach a record high of over 75,000 in 2019.
The goal of UOW is to create a center for education, research, and industry engagement in GIFT City, offering affordable and accessible tuition to Indian students from a highly regarded international institution of higher education.
UOW’s Graduate Certificate in Computing and Master of Computing in the Finance domain will be launched in GIFT City later this year, followed by the introduction of a Master of Applied Finance and Master of Financial Technology (FinTech) in 2024. Bachelor of Business Administration and Bachelor of Computing Science degrees will be available from 2025.
In addition to the academic programs, the GIFT City campus will house a Global Capital Markets Research Centre, focusing on research and training in India’s financial markets. UOW has collaborated with the National Stock Exchange of India (NSE) and gained support from the Bombay Stock Exchange (BSE) and the Singapore Exchange (SGX) for this initiative.
Tuition fees at GIFT City will be half of what overseas students pay at UOW in Australia, and merit scholarships will be offered to exceptionally talented students.
Professor Alex Frino, UOW’s Senior Deputy Vice-Chancellor, expressed pride in being part of India’s success story and its contribution to shaping a better world. He highlighted India’s young and expanding workforce and the increasing demand for skilled talent, providing an exceptional opportunity for UOW to invest in high-quality education and produce the future workforce.
