Erasmus was initially designed as a concept that allowed university students to expand their educational experiences in another country. Over the years, it has expanded its scope through the Erasmus + programme, as well as through the use of EU scholarships, internships, and the exchange of teaching staff.
At present, there are 40,000 higher students, trainees, and staff members that are associated with the Erasmus+ scope every year.
The vast majority of those who have benefited from Erasmus (72%) say that it was useful or very useful for finding their first job. Mobility, respondents say, has increased their technical, interpersonal and intercultural skills. The available data shows that for almost all Erasmus + students, it also improves their ability to work and collaborate with people from different cultures.
Europe’s higher education institutions have observed a “significant impact” on the students’ employability, 92% of which believe that studying abroad has influenced the dynamics of entry into the labour market as 80% of Erasmus+ graduates students were hired within three months after they completed their formal education, of which . 40% of the participants in an Erasmus+ were offered a job by the companies for which the internship was carried out, while another quota of participants started their own activity.
After taking part in the programme, Erasmus+ students most often mentioned respect for human rights (82%), closely followed by freedom (77%), peace (74%), democracy (73%) and respect for other cultures (71%). Only slightly more than half feel they share solidarity (56%), and the rule of law (50%) with other Europeans.
Other findings show that former Erasmus+ students are more satisfied with their jobs compared to those who have not gone abroad. They also have careers that are more international and are almost twice as likely to work abroad. Erasmus+ also supports entrepreneurship, with one out of four projects under the Erasmus+ umbrella contributing to entrepreneurial education and strengthened entrepreneurship.
As for the impact in universities, the programme has helped improve the infrastructure and teaching methods of the universities that take part in the programme.