It’s a small world: how globalisation benefits individuals, universities, and employers

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Higher education institutions and businesses have always taken an equal interest in the international and the domestic, but in recent times, globalisation has completely reshaped both. From university partnership networks to remote work opportunities, education and career pathways will never be the same again. 

Globalisation has allowed students to access diverse learning experiences that extend beyond national borders. Last year, an estimated 6.4 million international students were enrolled at universities around the world, with the US, the UK and Canada making up the top three destinations. Globalisation has had a similar impact on career pathways, boosting job opportunities as a result of trade liberalisation and increased economic mobility. 

However the impact of globalisation on education and career paths has not been universally positive. Inexorable though it may be, for students and employees to make the most of it, a frank examination of all the effects of globalisation must be considered. 

The challenges presented by globalisation

While globalisation has undoubtedly created more opportunities for universities, it is not without its challenges. It can exacerbate inequality, for example, especially where digital technologies are involved.

Facilitating continued globalisation may also be difficult for institutions, with English-language proficiency often creating a barrier to entry for international students. In terms of career paths, there are other challenges too. Globalisation increases competition for individuals – both for university enrolment and job applications. There may be more opportunities available, but there are also more people fighting for them.

How globalisation can benefit your education and career

Challenges aside, globalisation has created a huge number of benefits in the classroom and workplace. Universities are granted access to talented students from all over the world, who can now select their courses based on their skills and career aspirations, rather than geography. Collaborations have also come to the fore, with international partnerships commonplace, such as Imperial College London’s links with the Technical University of Munich, Massachusetts Institute of Technology and Nanyang Technology University. 

In the workplace, globalisation has enabled industries to plug skills gaps more easily by tapping into an international talent pool. Expansion becomes easier too, with businesses able to enter new markets for the benefit of their customers and employees alike. 

Outside formal education and work settings, globalisation can have other advantages for students and employees. Cultural exchange is enhanced through globalisation, with many universities focusing on creating an inclusive and diverse environment for students. This goes beyond adapting curricula, with university events, activities and groups all expanding students’ cultural sensibilities.

Today, student cohorts and workforces are made up of individuals from around the world. Despite some challenges, this has granted universities and employers access to the brightest minds. Individuals can also more easily follow their dreams – in education or work – wherever they may take them.

The world is smaller now than ever. The opportunities this is creating are huge.

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