Education is an incredibly important thing. However, the power of having a top university name like Oxford on your resume goes a very long way. INVEST in your FUTURE. Your earning potential is greatly effected by it.
People regularly attend elite universities in the UK in order to obtain those all important names on their CV, but they often overlook some very important details - University halls aren't necessarily the best environment to ensure you get a top degree.
You invest your money to obtain a place at an elite UK university
You attend the university and stay in halls
You find the living conditions greatly effect your ability to work
You become stressed and under perform
You return to Thailand with a sub-par degree and limit your potential
Have a look at the following information regarding issues with university halls:
Remember, attending an elite university is a once in a lifetime event. You don't often get the opportunity to attend a top university multiple times in order to 'get it right'. You need to get it right, first time.
PER MONTH POTENTIAL
The graphs below explores how your degree institute can greatly effect your earning power and compares the average earning potential PER MONTH of a Thai national over 25 years.
1. The information assumes a 5% increase in salary per month per year
2. A starting wage of 20,000THB per month for a standard degree earned in Thailand
3. A starting wage of 45,000THB per month for a Master's degree earned in the UK
The graph shows that (per month):
25 years with an average 5% salary rise for a TH standard degree offers a max earning of: 64,500 THB
25 years with an average 5% salary rise for a UK Master's degree offers a max earning of: 145,000 THB
Now let's have a look at this information over a period of 25 years for TOTAL INCOME EARNED. This is where we begin to see the long-term effect of the INVESTMENT of studying abroad.
The results are staggering. Over a career spanning 25 years total income for a UK Master's educated Thai gives a huge 124% increase in your life-time earnings! That's 2.24 times the total from a standard TH degree!
With the average cost of a UK Masters Degree being 960,000 THB per year (over 3 years) your investment return is equivalent to what you would earn in a life-time with a standard Thai degree average salary.
A: 2,880,000 (Total 3 year cost of UK Master's Degree)
B: 25,772,633 (Total Potential Life-Time Income from a UK Master's Degree)
C: 11,454,504 (Total Potential Life-Time Income from a TH Standard Degree)
B - C - A = 11,438,129 THB (Total Return Investment Compared to a TH Standard Degree)
The above figures are based on average earning potentials and do not take into account earnings from personal businesses and business owners. Nor are these figures true for every profession. However, most professions over the last 10 years have continued to progress to sell or trade internationally. Therefore, the demand for internationally educated, high-profile and globally-professional Thai workers is increasing, and is a market where many are capitalizing to financially secure a global market within Thailand.
There are always exceptions, and degree's from Elite Thai universities produce excellent career opportunities. However, based on average earnings, international degrees are proving financially lucrative career moves for younger professionals looking to climb the corporate ladder.
Talk to me today and see how I ensured my investment was well spent: