You've got to be realistic over here. Scholarships by these GLCs are more company bonds then real scholarship per se. The good thing is if you take them up you generally start off in a better footing compared to other farmers in GLCs though this is not guaranteed. These GLCs pay decent, but certainly not top paying.

But if you really want plenty of global opportunities, exposure to world class engineering practices and top paying companies like Exxon, Shell etc. then you've got to make it through their ACs or various avenues and work from scratch. The competition will be much fiercer and you might not be able to start off in a privilege position within the company.

In addition, I do not think they pay or view fresh Masters anymore favorably compared to normal degrees. GLCs on the other hand offer a higher starting for academics.

It's all about whether you want to be a big fish in a small pond or ikan bilis in the ocean. GLCs put you right on track in the sense they already have a rough career track for you as a Masters and "scholar" whereas the global MNCs treat you more like normal fresh hires, but of course the long term pay and prospects is way higher. Each has its merits.