To do MFin or not? (Life changing decision)

Hi all,

Question:
I am considering to return to school to get my M.Fin and see where I can go from there. I have been looking at school in Australia, but I am not too sure if they carry much weight internationally. I am more than willing to relocate to any part of the world really as long as the job is right.

I have been looking to study abroad, EU specifically. However, I have to say that it is definitely not cheap at all, with the exception of some. So, from someone who is non-EU:

1) Is it actually worth it to go to EU/UK to study?
2) I don't think I would even be eligible to apply for internship as I am non-EU. Is this correct?
3) From your experience, is it too early for me to go to back to school? Should I have acquired more work exp first?
4) I have been looking at HSG (St. Gallen), HEC, IE and etc. However, from various forums it seems that if you do not speak the local language, it is pretty much useless?
5) Any school recommendations from someone who had been/currently in the same boat as me? I've been looking at LSE, Warwick, Frankfurt School, SSE.

Hopefully I didn't ramble on for too long. Appreciate any input/feedbacks really. Including the nasty ones.

A little bit about myself:

Background: Australian, mid 20s

Education:
Double degree - Bachelor of commerce (Finance major)/Bachelor of Info Systems in one of Australia's GO8 university. For people from the other region, GO8 means it is from a decent university in Australia. GPA 3.3/4, decent ECs.

Work experience:
Worked at a BB FICC Middle office for 1 year as part of my intership after finishing my degree.

Situation: I wanted to break into FO S&T for FICC but was not able to do so. Some people mentioned that I should stick to my MO position and try to break from there. However, counter argument is that breaking from MO to FO isn't exactly easy either. Anyway, it is a decision made in the past. I could have made the wrong decision, but moving on, I am where I am now.