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I don't think that a dergree alone is enough to reserve a job in the today job market. If I were a employer, I wouldn't be impressed by somebody with LOTS of degrees in foreign languages that he has NOT practiced in their land! I would be sure that he would have forgotten the most of his/her knowledge. For example, I haven't spoken French for most than ten years, so despite my degree, I cannot consider myself as a french-speaking empoloyee!
Academic certification is the main to get the job if its from foreign languages, addition to that you need to add a specific skills certification top of it.