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The ROI of Study Abroad

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by Natalie Shrull on 25 October 2013

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Transcript of The ROI of Study Abroad

ROI
OF
STUDYING
ABROAD
THE
STUDY ABROAD:
RETURN
ON
INVESTMENT
How will you differentiate yourself from other college graduates? Everyone has a degree...what will you point to that will make prospective employers pay attention?
Regardless of your major,

GLOBAL COMPETENCY
Not only that, study abroad can have a positive impact on your career goals, marketable skills, and employability.
The first and primary impact that studying abroad makes on the lives of students is that it changes and broadens their post-college career goals.
IMPACT OF STUDYING ABROAD ON STUDENT CAREER PLANS:
14%


Made a
MINOR
DIFFERENCE
27%
Made a
MODERATE
DIFFERENCE
35%

Made a

NOTABLE
DIFFERENCE
20%
Made a
SIGNIFICANT
DIFFERENCE
The most common career goal difference was a desire to consider working in a foreign country, which aligns with the great commission!
12%
Interest in Working in a
Foreign Country
Percent of Study Abroad Students
41%
STRONGLY
INTERESTED
41%
INTERESTED
11%
NOT
INTERESTED
5%
STRONGLY
NOT
INTERESTED
The desire to work internationally is so strong that studies show that 58% of students who have studied abroad are actively pursuing careers in other countries.
STUDY ABROAD BUILDS YOUR RESUME
Although the job market might be slowly improving, it is more important than ever to stand out from other applicants.

Research shows that studying abroad gives students additional qualifications that improve their chances of landing a position.
STUDIED
ABROAD
36%
FOREIGN
LANGUAGE
COMPETENCY
31%
INTERNATIONALLY-
RELATED
COURSEWORK
25%
INTERNATIONAL
WORK OR
INTERN
EXPERIENCE
47%
INTERNATIONAL
TRAVEL
Unfortunately, even the most impressive resume only serves as a way to land you an interview, and it is that crucial first meeting that determines whether or not a candidate is hireable. During the interview process, students who have studied abroad can start compelling conversations about their experiences, showcasing the breadth of their perspective and highlighting their global competency.
$7,000
HARDING
$7,300-
7,800
ACU
$3,830
PEPPERDINE
$3,000
LIPSCOMB
PROGRAM
FEE
WHAT DOES A SEMESTER ABROAD COST?
EMPLOYERS VALUE CULTURAL
EXPERIENCE
73%
A whopping
of employers cited study abroad as important when evaluating the resumes of a job candidate for a junior-level position.
For those students with aspirations of working in another country, 8 in 10 HR executives say that study abroad experience was an important factor for overseas job placement within their companies.
THE TOP 4 EMPLOYEE TRAITS
SUBSTANTIVE
content/technical knowledge of the primary field of business
MANAGERIAL
ABILITY
with emphases on teamwork and interpersonal skills
STRATEGIC
INTERNATIONAL
UNDERSTANDING
CROSS
CULTURAL
EXPERIENCE
The skills obtained through studying abroad have been some of the most important to employers.
In a study of 135 HR managers from 75 companies, skills obtained by studying abroad are included among the top 4 most important employee traits.
FURTHERMORE, OVER 90%
of employers believe that students who have studied abroad are likely to possess other desirable skills, including:
cross-cultural communication skills,
independence,
cultural awareness,
maturity, and
flexibility.
INCLUDED ON RESUMES
Students who studied abroad are more likely to have qualities, skills and experiences that can enhance a resume.
is the desired skillset that you just can't get in the classroom
@ LIPSCOMB
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