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Study abroad, how does it benefit you in the labor market?

“It’s like a puzzle, where the winner will be the one with the most pieces. A Mexican may be in…

By admin , in news , at May 23, 2022

“It’s like a puzzle, where the winner will be the one with the most pieces. A Mexican may be in favor of getting a master’s degree abroad, but not if he has Skill The selection of core skills required for the post is likely to be less than any other applicant who has studied here and has the required skills,” he explains.

So, what are the benefits of studying overseas in the labor market? It depends, says Alejandro Paz, country manager for recruiting company Robert Walters. The contracting company has to value and monetize this type of differentiator, either because of expertise or because it has a unique profile.

It is advised to conduct a preliminary inquiry of the company under consideration the applicant wishes to enter. That you know your values, DNA and that you identify a common profile in associates who are part of your staff. Today, there are many organizations that also have scholarships to study abroad and tie up with universities in the form of labor benefits.

On the other hand, unfortunately, some selection processes still have biases that promote discrimination. So much so, Paz mentions, that, completely Boom Of edtechthere are many masters online Those that are excellent, but they are not as valuable or do not carry the same weight as the face-to-face educational programs offered by well-known universities.

“That is why the recommendation is, as far as possible, to pursue a masters degree in accredited schools and areas of specialization that are essential in the market to be a differentiator when it comes to job interviews,” he says. .

However, it’s also a double-edged sword, says Jose María Pertusa, co-director of automated recruitment company Appli. Having a master’s degree abroad is one such factor that has a great impact on the interviewer. “As a recruiter, and immersed in a traditional selection process, you believe that a person who comes from studying abroad or from a foreign company naturally possesses the desired skills.”

“As a common practice in the industry, it is dangerous to shy away from such leaps of reasoning, when in reality you have to measure whether the applicant has the skills required for the position; and such techniques to determine it.” which are far more accurate than just assuming an assumption”, he warned.

This does not mean that studying outside the country of origin is not a good option. It differentiates certain positions that specify it. This allows the applicant to receive intercultural training, with the possibility of living a different educational experience. In the selection process, it is the difference between the two candidates who master the skills required for the vacancy.

access to employment

According to the Organization for Economic Co-operation and Development (OECD), higher education degrees improve opportunities in the labor market compared to lower educational levels. However, working conditions have worsened in the last decade and youth with higher education face two problems: informality and over-qualification.

“The labor market faces many contradictions. On the one hand, Mexicans who have studied abroad may be unqualified and, on the other hand, companies may not find the specific talent they need. This has led to informality in the country. to exceed formal employment rates”, reflects Ventura.

According to the OECD, less than a quarter of the Mexican population between the ages of 25 and 34 have obtained a higher education degree, and within this small proportion of graduates, evidence suggests that their skills are not being used effectively. being done.

According to the OECD, the targeting of specialization in high-tech, high value-added industries is also hindered by the low and declining proportion of graduates from ICT programs (2% of graduates and new entrants). This suggests the existence of a mismatch between skills and labor market needs.

According to recruitment company ManpowerGroup, the sectors of mining and extraction, construction, communications, transportation and services are those that experience the greatest difficulties in finding workers, while those in agriculture and fishing, commerce and manufacturing have fewer problems. .

Consulting employers recognize that a lack of experience, high salary expectations, low technical training and a lack of in-demand skills are potential challenges for hiring personnel.