Why learning Spanish?
Spanish was once the most important language in the world, stretching as far and wide as the mighty Spanish empire, which is why you now find most Spanish speakers living in former colonial territories throughout Latin America.
A colorful language, Spanish language is animated and inextricably entwined with the flamboyant Spanish culture. It is a truly global language and a valuable skill for business or pleasure all over the world.
There may be many reasons to choose to learn a foreign language, however, here are a few Facts that may help you understand why you should invest in learning Spanish:
- Population: At present, with over 500 million speakers Spanish is the third most spoken language after Mandarin, English and Hindi, (in that order) and positions as second most spoken language in terms of native speakers (388 million). Being the official language in 22 countries, it is the second most used in international communication and is one of the official languages of the UN and the EU.
The Spanish-speaking population is one of the fastest growing segments in the world today, comprising of a huge community that shares products, services and culture, and at the same time offers individuals, institutions and businesses a unique opportunity for growth. The United States alone has a large Spanish speaking community and latest population trends indicate that the Hispanic may outnumber the Anglo population in fifteen years!
- Job Prospects: With the ever increasing globalization, the current global market is turning multilingual. Companies in the IT sector, Pharmaceutical sector, BPO's, MNC's, banks and export houses are on the lookout for candidates who can work with them as language experts. With the growing job opportunities in these different fields, learning a foreign language helps candidates and gives them an extra edge among their peers. For many, learning Spanish is becoming a necessity at the workplace.
As Latin America is undergoing an extraordinary economic boom, there are enormous opportunities in many different sectors. Pharma industry is well established in Latin America and India is becoming an investor in fields like locomotion, aviation, medical and scientific instruments, machinery and others.
- Trade Relations: India’s trade with Latin America grew 45% in 2008 while India’s export increased by 40%. India’s exports to Latin America have increased by nearly 6 times in the past 9 years (2001-2010) jumping from 1.5 billion to 9 billion and imports have increased from 1.1 billion to 14 billion between 2001-2010. The current figure of imports and exports for 2016 is US $75 billion. This has steeply risen the demand for Spanish speaking talent in India giving our students almost 100% placement success.
- Cultural Expansion: Knowing another language gives a person the lifelong ability to step inside the minds and context of another culture. Being one of the most spoken languages, Spanish is opening doors to communication between millions of people in social and business settings.
- Transform your Travel:
From TCS to Satyam to Indian Companies who have opened development centers or acquired companies all across Latin America. Further, India also has Spanish companies setting up businesses in India including Inditex Textile Company, Agroalimen. India's trade with Latin America had increased by 45% in 2008 while India's exports increased by 40%. India's exports to Latin America have increased by nearly 6 times in the past 10 years from 1996-1997 to 2005-2006. However, the demand for Spanish speaking talent easily exceeds the supply for them!
- Other languages An article dated June 2, 2008 in Business Standard named BPOs hunt for German, Spanish speaking executives, mentions: "With a large number of companies from non-English speaking European countries eyeing India for outsourcing work, business and knowledge process outsourcing companies have started hunting for people proficient in Spanish, German, French and other foreign languages to support the clientele". The article further points out that a language expert's salary could be 25 per cent to 40 per cent more than their English speaking counterparts.
- Profiles For those who worry that they would end up with voice jobs, BPOs have a lot more work profiles to offer. With the knowledge of a foreign language, you could easily land up a translation job, or if you have good command of the language, you may land up with a profile that involves both, technical and language support.
- Outsourcing Moreover, for the rest of you who worry that recession will rob India of its job - rest assured. An article dated June 3 2009 in the NY times says: "Outsourcing is here to stay. Some of America's biggest companies continue to invest in India even as they trim costs at home". Students already have the advantage of English. This coupled with a working knowledge of Spanish can help individuals tap into the job opportunities of the outsourcing industry.
- Leisure However, for others who are not planning to work anytime soon and would rather go abroad, again, you are in luck! If you are planning to go to the United States, Spanish would be of great help especially since it is spoken by more than half of the people in the American continent. There are more Spanish speakers than there are speakers of French, Hawaiian and the Native American languages combined. Moreover, experts predict that by the year 2050, there will be 530 million Spanish speakers, of which 100 million will be living in the U.S.
- Personal Even if you do not want to go abroad, knowledge of a foreign language always has an advantage, and it can definitely open doors. Companies always go in for candidates who have a working knowledge in a foreign language, so why shouldn't you learn something that is easy to learn? After all, Spanish is one of the few languages that is almost completely phonetic, making it easier to write!
..... And because you can get a good job!