New research shows Northern Ireland retains its own students as well as other parts of the UK, but struggles to attract students from outside the region.

The study, commissioned by the Department for the Economy, found that local students are no more likely to leave to study than their counterparts in Britain. Lower tuition fees compared to England and Wales may play a role.

However, the research highlights a challenge in attracting students from elsewhere. Economy Minister Caoimhe Archibald said the findings point to an opportunity for a 'brain gain' if more can be done to draw students in.

Archibald noted Northern Ireland's universities are internationally recognised and living costs are relatively low. She said the region has a strong pitch to students from outside.

To bring more students, the minister said Northern Ireland needs to create more well-paid graduate jobs. She called on the British government to remove new restrictions on international students and asked the Irish government to help fund students coming from the south.

The Department will now work with universities, businesses, students and trade unions to develop a plan.