Thanks for the quick feedback TreeofLife. In addition to the information you've given, I'm looking forward to get accepted to a PhD which I'll be able to get funded for tuition fees and even a monthly salary/bursary. Those kind of PhD courses often includes a project or research invested from an external source or university itself. With that in mind, which master's study would highlight me most when applying for that kind of funded PhD?

Also, other then MSc, MRes and MPhil, where does "MSc by Research" stands?

Hello, I'm going to study master's for Aerospace Engineering in Europe (I've not decided the country yet) as a non-UK/EU/US student and planning to continue with PhD. I've read in several websites that taking a taught or research master's course effects your ability to find a funded PhD course upon completion. Is it true that students who complete a MSc or MPhil by research can get accepted to a funded PhD course more easily than the students who complete taught master's? Also what difference does it makes to be a MSc or MPhil in the eyes of a PhD funder? What are you toughts and what do you advise to a person who is on square one of his postgraduate studentship?