Unlocking global potential locally : the impact of international student internships in Ikaalinen, Finland

Abstract

The current demographic trends in Finland, characterized by an aging population and declining birth rates, have led to a severe workforce shortage. These shifts threaten the stability of the labour market and the nation's economic health. Addressing these demographic challenges is essential for sustainable economic growth and the preservation of the welfare system. This thesis explores the potential of integrating international students from Finnish universities into the local job market as a promising strategy. By examining the role of international student internships, the study investigates how these programs can help retain talented graduates, thereby mitigating workforce shortages and enhancing economic stability.

The research is grounded in key concepts such as internationalization, social capital, and integration, offering a comprehensive understanding of the dynamics involved. Despite limited literature on this specific integration, the study underscores the valuable skills and perspectives international students bring, which drive innovation and economic growth.

Empirical data were collected through survey and interview with TAMK´s international students and the CEO of Ikaalisten Kehitys, revealing both benefits and challenges of internships. Findings indicate that internships provide essential practical experience, enhance employability, and build professional networks for international students. However, significant obstacles such as language barriers, limited internship opportunities, and a lack of local networks were identified. Moreover, the reluctance of Finnish companies to hire international talent complicates the situation.

This research provides valuable insights into the integration process, offering recommendations for improving the employability and retention of international students in Finland