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EUA Survey Of Master Degrees In Europe - European University ...

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11Conclusions35. The future of the <strong>Master</strong> depends on the complex interaction of a number of factors: global,<strong>Europe</strong>an and national labour needs; changing patterns of purchasing power and postgraduatepremiums; estimations by students of value for money; system steer by policy makers; the levelof public investment and the availability of private finance; competition and collaboration.Their interaction is difficult to predict, particularly in a global economic downturn.36. The <strong>Master</strong> is a versatile qualification. It has a wide range of functions, addresses a wide rangeof clients, and is capable of rapid and flexible response to social and economic need. TheBologna Process has achieved impressive results in its first decade. The stage is set for makingthe <strong>Master</strong> readable across <strong>Europe</strong>.72

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