EIT Digital Master School Europe- What is the correct way to pick unis?

[Only looking for answers, not unnecessary comments please]

Hello everyone. I am seeking advice from anyone who is currently enrolled/graduated or plans to be a part of the EIT digital Master school. (I am applying for the CNIHPC degree) I have done substantial research but I'm still quite confused about the following-

1. What exactly is the value of this degree currently?- Yes, it does offer motility, cultural exploration and exposure but what does it really mean in terms of employment?
2. What are the appropriate choices as Entry and Exit unis?- What factors matter the most? Is it the Uni QS ranking, the country, Post study visa rules, etc? Is it okay to go for a lesser know entry uni but a good exit uni or does that affect employability?
3. The form states not to opt for ALTO + KTH as entry and exit but those are the top most choices apparently, so does that affect the chance of allocation if you go for that combo?
4. What is the acceptance rate like? And does that have anything to do with the uni choices? The internet says it's "comparatively selective" but the alumns say it's not that big of a deal.
5. Lastly, What are the scholarship options other than the main EIT scholarship that offers upto £6000 currently for year 1 only, any other options that can be considered?

Would appreciate any genuine advice, thanks!

My_qualifications- Btech CSE grad (CGPA/IELTS- 8+)