Q: I currently work as a producer for a national radio station and looking to gain more experience in the industry either through studying further or doing a radio exchange with a foreign based station. I have a Honours degree in Journalism and the next step would be to pursue a Masters, also funding is a big issue. Please can you assist!
A: A Career in the radio industry rocks, no pun intended, entering the industry after obtaining a degree/qualification focussed on media or journalism is the study route that makes sense. The list of careers range from producing, presenting, technical support, etc...check out the UK based Creative Skillset website for a breakdown of the industry. However it is the experience that one picks up in-studio that earns the "real" credit, furthering your studies or finding an exchange program with another station would be a great way to expand on (in this case) your already built career.

Exchange programs: Globally there are tons of Radio stations in existence, it is a truly a global industry and with the expansion of the internet there has been a huge growth with online radio stations. The key would be to pick a country or location, then apply to the local stations in that area to do an exchange, volunteer or work experience program. They could already have setup an exchange program-if not the extra help that comes with a volunteer is always welcome. The key is to make sure that you can have the basics covered-accommodation, food and travel. You may have to invest some of your own capital into this but you would be gaining valuable international experience and knowledge. Further you would have to research whether a relevant visa is needed to do this in the country of your choice.

A great way to find various stations on the planet would be to visit the search website Radio-Locator, it contains a full database of radio stations worldwide!
Studying further: Information on top Journalism schools worldwide is well documented, in this case you would need to research whether or not an institution's Masters program fits into your needs and if they can cater for your dynamic. If you are looking to study abroad their international student setup should help you with information for your relevant course structure.
A list of Journalism Schools from around the planet on Wikipedia.
The list of top American Journalism Schools on the journalism based blog called Journalist. Slightly dated article but worth a read.
Funding: Each University/College has their own funding or financial aid programs. If you contact the institution's Journalism department directly and enquire about funding options for your Masters program, they should be able to direct you to possible scholarship or bursary opportunities that have been assigned to the university. There are plenty of bursaries in this field, a basic Google search provides a wealth of options, however again the specifications of where an individual is studying and eligibility are criteria’s to these grants.
From the outset, there is a lot of research that you need to put in. In terms of the studying further option the first step is to find a university of choice and to build from there. Regarding the work/volunteer exchange that would really be up to a destination of choice and then to contact relevant radio stations according to location. Whichever route you take, there is a lot of scope in this field to expand your career.
Take a look at:
1. Journalistics: A cool blog spot for Journalists, it is really fresh and cool.
2. upstart: probably the best student journalism website around, an Aussie based setup but really applies to anyone pursuing or in the field of media/journalism.
3. Ryan Seacrest: Benchmarking a career in radio!
3. icould have put together a huge resource of career videos, search their site for interesting pieces on careers in the radio industry.