education

International Success

Last week we blogged about the educational partnerships between Portuguese universities and foreign institutions. This week, we want to update you on the results of these partnerships. Dozens of new companies have been formed through collaboration with international organizations. Feedzai was the first startup generated by the Carnegie Mellon Portugal program. The company, which uses artificial intelligence to fight fraud, is valued at over 500 million euros. This business is just one of hundreds started as a result of partnerships with foreign institutions. Others include Veniam, which creates technology for autonomous cars, and FuelSave, which helps companies reduce their fuel use by 20%.

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UTEN Portugal reported that each euro that the Fundação para a Ciência e Tecnologia invested in these companies yielded 40 euros return. With these results in mind, the Portuguese government initiated the second phase of this project, GoPortugal, in February to keep the partnerships in place until 2030. 64 million euros have been invested into the second cycle, as the Minister of Higher Education Manuel Heitor discussed during a visit to the United States.

The rewards are not just monetary either; in the first five years of the program, universities were granted 20% more patents. Spinoff companies reported an increase in hiring of 38%. 1500 students have completed their higher education through one of these programs. Overall, it is clear that national markets can benefit from educational partnerships across borders just as much as international students can! The success of GoPortugal will likely contribute to a rise in educational cooperation in Portugal and abroad.

Doctorates on the Rise

According to a recent report from the Organisation for Economic Co-operation and Development (OECD), the number of doctoral graduates has increased worldwide within the last 20 years. The majority of these graduates are from countries in OECD, of which Portugal has been a member since the ‘60s. The report also noted that the distribution of degrees has changed, with over half awarded in STEM and health fields. These increases can be sourced to large emerging economies, like India, in addition to changes in the higher education landscape.

Image via  TNW

Image via TNW

OECD referenced increasing digitalization in schools and internationalized research. These changes bode well for Portugal, as Portuguese institutions focus on global educational cooperation, including gaining international students. This upward trend will likely keep increasing in the country with the news that polytechnics can award doctorate degrees.

Politécnico News

Earlier this month, the Council of Ministers followed OECD recommendations and ruled that politécnicos can award doctorate degrees. This is big news for international students; previously, only universities could award PhDs.

This new plan is partially to encourage polytechnics to improve their science and research capacity, as reported by minister Manuel Hitor. It places conditions on polytechnics, like increased Research & Development activity and high evaluation by the Fundação para a Ciência e Tecnologia. The Council also authorized a new type of one year master’s degree.

Eventually, these moves will increase the number of higher degree holders in the workplace. This is a great opportunity to study abroad in Portugal! International students looking to earn their doctorate degrees have even more institutions to choose from.

Students have more options for graduate studies in Portugal.

Students have more options for graduate studies in Portugal.