There are private companies who sponsor engineering bursaries for competent students. With this kind of setup, students enrolled in the program are often obliged to work for the company who provided financial support for their education soon after completion of the degree course.
It serves a lot of benefits for the student who qualified for engineering bursaries themselves. First, the student can benefit from the financial assistance provide by the corporate establishment, which the student would not have been able to pay for on their own. Second, it spares them from the hassle of looking for employment soon after graduating in college. That way, they can have immediate source of employment right away.
But the biggest beneficiary in this setup is the company itself. When they sponsor engineering bursaries, they often choose which student to award it to. Even for those students who applied for it, they properly screen it such that those who have the most competent skills are provided with the bursary.
The focus on education of these students and providing them the highest possible quality of education could later benefit the company once they are absorbed into their list of personnel. Often, with competent knowledge acquisition process, students are exposed to the actual working scenario such that they become more effective once they reach their employment stage.
Not only are the students assured of financing for their education, but they can gain exposure into the actual industry that will enable them to gain a broader insight into the industry. The offering of bursary program by several engineering corporations are intended to produce highly skilled individuals that can take on jobs at this industry. After all, lack of employment opportunity is not the question but competency in the personnel that is going to assume those available positions.
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