Future-Proofing Your Career

How HEC Liège Luxembourg can give you an edge in a shifting business landscape

Despite being one of the wealthiest and most stable nations in Europe, Luxembourg often flies under the radar. However, those who take the time to explore what this tiny country has to offer are often pleasantly surprised by the abundance of opportunities. From world-class universities and a thriving economy to a high standard of living and a welcoming, multicultural community, there is a lot that Luxembourg can provide to individuals who decide to pursue their studies, careers, and lifestyles within its borders. In the following, we will delve into some of the reasons why Luxembourg should be a top consideration for anyone seeking a quality education and a fulfilling life. 

Nestled in the heart of Europe, Luxembourg has been consistently ranked as one of the best and safest places to live due to its high standard of living, fueled by being one of the wealthiest countries in the world. Despite its small size, Luxembourg boasts one of the highest GDP per capita in the world, largely due to its thriving banking and finance industry. However, the Luxembourgish government also places a strong emphasis on supporting its citizens and residents through a range of policies and programs like generous financial assistance, including child benefits, parental leave, and subsidies for childcare or measures such as free education, healthcare, and a minimum wage.

The country’s fairly easy naturalisation process has attracted people from all over the world, making Luxembourg a diverse and welcoming community for all. In fact, nearly half of the country’s population is made up of foreign residents, hailing from a variety of countries and cultures around the world. This diversity is reflected in many aspects of life in Luxembourg, from its vibrant restaurant scene to its many cultural festivals and events.

The country’s medical support is also of a very high standard, with excellent healthcare facilities and services available to all. And last but not least, one of the many perks of living here is the free public transport that is available throughout the country.

A thriving business landscape

Besides its high standard of living, Luxembourg also offers a wealth of job opportunities, making it an attractive destination for those seeking to establish their careers in Europe. As a financial hub, Luxembourg is home to many international banks, investment firms, and other financial institutions, offering a wide range of career options who are well-known for their high salaries, providing attractive benefits packages and excellent working conditions.

Luxembourg’s strategic location and modern transportation infrastructure in the centre of Europe makes it an excellent hub for businesses looking to access major cities and markets in the region. Additionally, the country’s favourable tax system that does not levy a wealth tax has made it a popular destination for highly skilled workers and entrepreneurs seeking financial incentives to grow their businesses. This combination of factors makes Luxembourg an attractive location for companies looking to expand their operations or individuals seeking new professional opportunities.

Reshaping the world of business and education

However, the Covid-19 pandemic has had a significant impact on the business landscape, with many companies forced to adapt to survive. One of the most notable changes has been the acceleration of digital transformation, with remote working and online services becoming the norm. In the annual EIB Investment Survey for the Grand Duchy, it was revealed that 42% of companies had taken action or invested to become more digital due to the pandemic. This trend is expected to continue, with 60% of firms in Luxembourg planning to make increased use of digital technologies in the long-term.

The pandemic has also raised people’s awareness of the potential consequences of a future climate-related crisis, prompting many governments to recognise the need for a sustainable recovery. The opportunity to “build back better”, to use the words of the OECD, has become a rallying cry, with many businesses and organisations investing in sustainable infrastructure, transitioning to renewable energy, and shifting towards a circular economy. In the wake of the crisis, there is a growing recognition of the need for new forms of business innovation that prioritise sustainability and resilience.

In this context, re-skilling the current workforce is seen as a key element of resilience: according to the McKinsey Global Institute, 30 to 40 percent of employees in developed economies will have to change professions or undergo complete retraining by 2030. Consequently, the pandemic has disrupted the education system, prompting a reassessment of the skills and competencies needed for success in the future. Critical thinking and adaptability have become even more important, and trends such as digitalisation are driving the development of new education programmes aimed at filling gaps in talent shortages.

As one of Luxembourg’s leading business schools, HEC Liège Luxembourg School was able to quickly identify said gaps between the needed talent and actual jobs available in the market. In this context, the it is dedicated to taking on the challenge of grooming the existing and attracting new talent to the country.

The Business Skills Booster Certificate

In response to this rapidly evolving job market, HEC Liège Luxembourg has developed, in addition to its existing MBAs and certificates, a brand-new programme specifically designed to prepare the workforce for all the new and emerging challenges of the business world and literally boost a large number different careers. The Business Skills Booster Certificate is a testament to the school’s dedication to future-proofing the present and upcoming generations. With a duration of only 12 months, this programme will equip students with the latest knowledge and skills to excel in today’s job market while placing strong emphasis on empowering them to take ownership of their career paths, fostering a growth mindset and building the confidence needed to pursue their professional aspirations.

However, the Business Skills Booster Certificate is not only a convenient and practical option for those looking to enhance their employability by acquiring new skills and staying current with industry trends but it’s also the ultimate tool for anyone aiming to confidently re-enter the business world and gain a competitive edge. Through its comprehensive training and a wide range of core and elective classes in essential areas such as corporate finance, strategy, marketing, digital marketing, HR, and project management, guided by thought leaders, it allows participants to refresh and update core business skills and dive deeper into specific areas of interest.

Designed to meet the needs of both newcomers and seasoned professionals, this programme offers evening classes, flexible rolling admissions, and in-person learning within a supportive community of like-minded individuals. Thanks to these adaptable and accessible learning conditions, the programme is able to accommodate individuals from a variety of backgrounds.

Participants gain practical know-how and direct access to the job market through hands-on experience offered by faculty in senior corporate positions and a mandatory and paid 6-month internship at a prestigious firm in Luxembourg. The school’s collaboration with esteemed corporate partners and the Chambre de Commerce underscores the strength and relevance of its curriculum, as well as its commitment to providing students with practical, industry-relevant knowledge and skills.

Obtaining the Business Skills Booster Certificate from HEC Liège Luxembourg not only demonstrates expertise and competence in the field, but also unlocks new career paths, increases earning potential, and showcases a dedication to ongoing professional growth. Upon completion of the programme, graduates will have gained a competitive advantage in the job market allowing them to establish themselves as leaders in their respective industries.