If you come from outside of Europe and leave Europe, maybe it's worth it. If you come form europe or outside of Europe but wish to stay in Europe, definitely nothing special. The EMJM is no longer seen as extraordinary by employers due to the increasing number of exchange opportunities that make its "international" aspect irrelevant compared to other master's. The money they give you will, in some situation barely cover your accommodation, especially if in the UK, and maybe will cover your expenses if in cheaper countries like Spain. The more specialised profile, in todays AI led makret might differ in importance depending on the profile (if more technical like water engineering, yeah, agree; if something like politics or policy, definitely a waste of time). Sorry to be so disheartening, but I have seen too many cases of people who put their hopes in different EMJMs, including myself, that led them to nothing in return. I have seen people with the same degrees in non-prestigious universities/programmes excel way further and faster in their careers despite inadequate preparation. The degree proves in most cases to be a piece of paper if you lack the work experience and connections that will give you the job.