Sweden

Economy and Industries

Sweden has an export-oriented mixed economy. The engineering sector accounts for 50% of output and exports. Almost 4.9% of the GDP is spent on research and ranks fourth as World’s leading innovators. Telecommunications, automotive industry, and pharmaceutical industries hold great importance in Sweden industrial sector.

Education

Universitas 21 rates Sweden as the second best in the world for overall quality of education after USA, Swedish Universities focus on group work which provides valuable skills to the students to be team players.The education system is student-centric and students share an informal and open relation with their teachers. Students with strong personal initiatives and independent thinking are valued more as the education system involves more of an interaction with regard to expression of views, opinions through seminars and group discussions. The Masters program involves more of incorporating theory into practise. Swedish Education system believes that the global market values team players with ambition and innovative skills. Many of the notable inventions such as the computer mouse,the pacemakers, Tetra Park, and the internet calling service, Skype have all been invented in Sweden. There are 52 universities and university colleges in Sweden, offering courses and programmes at the Bachelors, Masters and Doctoral levels, 600 master’s degree programs at Swedish universities are taught entirely in English.

Highlights

• Ranking 2nd in the world for overall quality of education.
• High prospects for students passionate about research.
• Universities ranked highly for Entrepreneurship and Strategic Management.
• Masters in Engineering with cutting edge technology and high-end research.
• Up to 30% scholarship.

The different types of scholarships are as given below:

1. Swedish Institute scholarships
2. University Scholarships
3. Bilateral scholarships
4. Erasmus Mundus
5. Other Scholarships and scholarship challenges.

Employment and Job Opportunities

The major shortage skills are in the field of Engineering, IT, Welding, Biotechnology and Healthcare. Sweden is the home of multinational companies and students pursuing their education in Sweden have higher chances of pursuing careers in these multinational companies. 

Some of the major companies are:

1. Capgemini
2. Elekta
3. Ericsson
4. Swedbank
5. Forex bank
6. Swedish Match
7. H&M
8. TetraPak
9. IBM
10. Volvo IKEA Wise Group.