With the current economy constantly dwindling, the issue of employability has become worse. To stand out from the crowd, an “International Masters Degree” is of utmost importance. The prominent schools hailing from foreign countries provide top-notch education that augments one managerial and technical education. Furthermore, their clubs and societies are globally renowned, and participating in such inculcates crucial interpersonal skills like leadership and teamwork.
Demystifying the future with a Study-Abroad Program
There exist a plethora of universities all over the globe providing a “International Masters Degree” education. However, in the end, it depends on how much you can extract from these programs and apply them in a practical setting. Unlike the yesteryears, “Studying Abroad” has now become a necessity rather than a privilege. To prosper both professionally and financially in this ever-declining economy, one must pursue an international masters’ degree.
The schools in the creamy layer serve as a stairway to steady progress in one’s professional career. On the other hand, the countries and their cultures can provide a valuable international experience for the to-be students.
Reasons how A Study-Abroad Program can boost your career:
Opening doors to a plethora of opportunities:
The time and money invested in studying abroad do not go to waste as adapting to the new education system can develop one holistically. It has been seen that international students bag more jobs with high-paying packages compared to the students who have not studied abroad. Furthermore, the graduates can apply for work permits and if eligible, can pursue a job or launch an entrepreneurial venture abroad. For example, sectors such as Cryptocurrency and Digital Marketing are booming in countries like Canada and The United States of America. That is why a humongous set of students decide to live in these countries after completing their masters’ program.
Instilling confidence and inter-dependency:
If one wishes to study abroad, then he needs to be adaptable to the new environment and the pertaining circumstances. Therefore, the study abroad experience can make you more flexible and more susceptible to changing conditions and situations. Moreover, a study-abroad experience can expose you to diverse cultures and be more understandable and respectable towards other cultures. This can also help you in effectively collaborating with the school’s diverse cohort. Through these experiences, you learn more about yourself as you become aware of your strengths and weaknesses.
Being equipped with industry-relevant skills:
There are certain crucial skills that employers are on the look-out for in ideal candidates. These skills include curiosity, problem-solving, confidence, and tolerance. The international exposure gained by studying abroad is crucial in instilling refined personality traits. As a result, it will help you differentiate yourself from the cohort and give you an upper hand in the competition. This exposure also gives you a sense of independence as you must stay far away from home and take your own decisions and organize your life.
Improving/polishing your language proficiency:
Being fluent in foreign languages such as English can allow you to bag prominent jobs in this competitive market. Becoming well-versed in the language through certifications and courses has its own reach. To become truly proficient in a non-native language, international exposure is a must. Thus, this becomes an added advantage of pursuing a study abroad program. Being adept with a second language also goes on to show that the candidate was on the path to upskill themselves.
Augments one’s teamwork skills:
In a Study-Abroad Program, the school hosting the program comprises a diverse cohort hailing from different cultural backgrounds. The numerous group projects/assignments given during the length of this program focus on the all-rounded development of students. The main points are given here based on how well the teammates worked with one another and achieved the given target. These activities also allow one to explore and showcase one’s true leadership skills. These skills are extremely crucial in upper-management roles such as the Company’s Stakeholders or Board of Directors.
Top 5 Globally-Ranked Schools:
Since a study-abroad is a fruitful yet expensive investment, therefore, one should take into proper consideration, the schools that they decide to pursue their Masters’s education from. Below-listed is the top 5 schools worldwide that can provide you with the requisite knowledge and holistic development. You will also find some of the most relevant details such as annual average salary, annual tuition fees, placement statistics, QS Global Rating are given so that you can aptly gauge a school’s competitiveness.
London Business School – MSc in Finance (QS Global Rating – 96.1/100)
Annual Average Salary: £46,461
Annual Tuition Fee: £37,000
Placement Statistics: 91%
MIT (Sloan) – Master of Business Analytics (QS Global Rating – 94.9/100)
Annual Average Salary: $110,000
Annual Tuition Fee: $87,740
Placement Statistics: 100%
HEC Paris – MSc Strategic Management (QS Global Rating – 93.6/100)
Annual Average Salary: €63,000
Annual Tuition Fee: €39,700
Placement Statistics: 96%
University of California – Masters in Engineering Management (QS Global Rating – 93.5/100)
Annual Average Salary: $78,000
Annual Tuition Fee: $42,800
Wharton Business School – MBA (QS Global Rating – 92.6/100)
Annual Average Salary: $150,000
Annual Tuition Fee: $161,000
Placement Statistics: 98.5%
How can international scholarships help students?
Scholarships are financial waivers that can ease the economic burden posed on the students and their families. For the longest time, people have had this misconception that scholarships are awarded only to prodigal and highly meritorious students. Albeit scholarships are also rewarded based on the candidate’s background and gender. However, availing of this scholarship is not an easy feat, and besides one’s current financial condition, one technical acumen is also put to the test.
Moreover, to increase your chances of securing this scholarship, you would need to ensure that you can back your profile with a powerful application. Hence, it would help if you prepared finely drafted LORs, resumes, and essays that showcase your extensive work experience, extracurriculars, or other relevant endeavor’s. Therefore, one should work on polishing their profile and fill the skill-gaps with relevant, pragmatic exposures.
The governments of different countries hosting the study-abroad programs have supported international intakes and any foreign-exchange programs. This is an excellent way of ensuring that the world’s best talent pool pursues their professional career from their country only. This augments their economic and cultural growth. With a plethora of scholarships and grants available for international students, the dream of studying abroad becomes easier to accomplish.