International student placement company, IDP Education, has released its first year results for the 12 months to June 30 that reveal 32% growth in net-profit to A$40m.

IDP Education, an international student recruiter and co-owner of the IELTS exam, has become a listed company on the Australian Securities Exchange (ASX) this week, it has announced.

IDP Education Limited, a global international student recruiter and co-owner of the IELTS exam is aiming to raise A$331.6m in its initial public offering on the Australian Stock Exchange (ASX).

International students still perceive the USA and the UK as top destinations for a quality education, however, according to the latest IDP Buyer Behaviour research, Australia is considered among the best study destinations for graduate employment opportunities and Canada and New Zealand are seen as affordable and safe.

China's Ministry of Education has released new guidelines for primary and secondary school overseas study tours after Chinese parents have voiced concerns that the safety of students is being overlooked. The trips have also gained a reputation of providing too much sightseeing and not enough studying the ministry has said.