Investment & Fund Management

Xavi Casas, a graduate in electrical engineering from Barcelona, faced a significant challenge when considering further education abroad. He recognized the importance of pursuing a Master's degree to enhance his knowledge and improve his job prospects, particularly in the fields of telecommunications and audio-visual multimedia. However, the financial burden of studying abroad posed a major obstacle, as he would have needed to work to support himself, which could detract from his academic focus.

To address this issue, Xavi secured a loan from Microbank, which was backed by the European Investment Fund (EIF) under the EU’s Erasmus+ Master’s Loan Guarantee Facility. This financial support enabled him to cover his living expenses while studying for his Master's in Wireless Systems at KTH Royal Institute of Technology in Stockholm. The Erasmus+ programme aims to increase access to finance for students pursuing Master's degrees in other countries, thereby contributing to the reduction of skills gaps across Europe.

As a result of this tailored financial solution, Xavi was able to fully immerse himself in his studies without the distraction of financial worries. He is now positioned to either pursue a PhD or enter the job market in sectors that interest him, such as medicine and audio-visual technology. Additionally, his experience in Stockholm has enriched his cultural understanding and adaptability, fostering a positive shift in his mentality towards living and working abroad.