How much did South Australian universities earn in revenue from international students during the peak of the pandemic?
Analysis
Universities in South Australia earned a collective $458,261,000 in revenue from fee paying international students in 2021
This was a 9.5% reduction from the previous year ($506,562,000 in 2020).
University of Adelaide earned the highest revenue in SA state with $253,703,000.
While Flinders University had the lowest revenue ($88,645,000) in the state for this market segment in 2021
University of Adelaide was individually responsible for more than half of South Australia’s international student revenue during the peak of the pandemic.
The relative strengths of South Australia’s public universities in international student acquisition present a challenging dynamic for the future with UniSA and Adelaide seeking to merge.
The reduction in competition is likely intended to consolidate demand between the two to present a stronger challenger to the east coast super winners, but may ultimately most impact Flinders University’s market share and revenues.
Notes
Revenue data is sourced from Department of Education
CAGR and market share figures are calculated from nominal revenue data quoted in Australian dollars, it achieved an impressive growth of 8.4% CAGR from 2008 to 2021, a growth rate higher than the industry average of 7.9%.