A new study on international students has pointed to that fact that international students who study and work in Canada earn more after the completion of their graduation. The study titled “international students, immigration and earnings growth: the effect of a pre-immigration host-country university education” was conducted to study the differences in wages for Canadian- educated immigrants, Canadian citizens and foreign educated immigrants.
The biggest factor for the conclusion emerging from the study is that students who land in Canada for studies and then stay on to work acquire a greater understanding of the job market in their chosen field of study. They also have better language proficiency and seem to develop greater affinity with important people in the workforce.
The study has brought to the fore the fact that there is a great market value of Canadian work and education experience which boosts the earning potential of international students in Canada. The study focused on two main questions. The first, whether university educated international students earn as much as their Canadian born counterparts and the second, whether Canadian educated immigrants earn much more than foreign educated immigrants.
The Key findings from the study state that Canadian-educated immigrants have lower-earnings than the Canadian-born population, but higher earnings than foreign-educated immigrants.A key factor differentiating international students’ post-immigration earnings from the earnings of those who are Canadian-born and foreign-educated is whether they had a well-paid job in Canada before becoming permanent residents.Some of the reasons behind the earning gap of Canadian-educated immigrants were due to the fact that they were part of a visible minority and they spent more time pursuing additional education.This leads to the fact that the number of years working and a longer exposure to the labour market may have a significant impact on the earning potential.
A key factor differentiating post-immigration earnings of Canadian-educated immigrants from the Canadian-born population and foreign-educated immigrants is whether international students held a well-paid job before becoming permanent residents. So , for a prosperous future for tomorrow , approach Canada Education Consultants in India.
Some of the reasons why international students are at a disadvantage of gaining a well-paid job or developing Canadian work history are also enumerated by the study. These were that international students often pursue education beyond the bachelor’s level, which results in fewer years in the workforce.Some international students begin their Canadian education at an older age and take longer to complete their studies. And Some may find it difficult to find a good job after graduation if their networking with connections in the job market has not been up to the mark. So , study in Canada to get the top level exposure for education.
The study shows that it is essential to know and comprehend factors that restrict international students from getting high-paying jobs even after procuring Canadian education.