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"favourable prospects" is a correct and usable phrase in written English.
You can use it to refer to the perceived likelihood of success or opportunity in the future. For example, "Having passed the entrance exam, Jane had favourable prospects for enrolling in a prestigious university."
Exact(9)
"If following the election doubts emerge about the new government and society's will to implement the programme, the current favourable prospects will reverse," he said.
Instead, young people from less well-off families entering today's labour market have far less favourable prospects than their parents or even their grandparents, despite having gained much better qualifications.
True, there may be some small reactions to these purchases during the April-June quarter but those reactions will be temporary.What is more important is that business sentiment has been improving, reflecting continuing favourable prospects for profits.
In general, women have less favourable prospects on the labour market than men (Blossfeld and Hakim 1997).
After a long period of underdevelopment, the port industry in the region nowadays constitutes a sector with favourable prospects for boosting economic growth [31].
Significant improvements for professional nurses are thus being introduced which hold favourable prospects for retaining them in the public sector.
Similar(51)
Young people entering the labour market today face far less favourable mobility prospects than did their parents – or their grandparents".
Rudd said the current system allowed favourable employment prospects to all students, irrespective of their talents and the university's quality,when they stopped studying.
Rarely has India enjoyed such favourable international prospects: of peace with Pakistan; of enhanced integration in the global economy; and of being accepted as an important world power.
The less-developed countries that produce minerals and metals seemingly have the most favourable export prospects because demand for such finite commodities is expanding among the developed countries, many of which are concerned over the depletion of their domestic resources.
(Analogous concerns may apply, irrespective of age, for patients with multiple comorbidities, polypharmacy, dementia, disability, limited life expectancy and/or past adverse responses to the recommended treatment groups that, like elderly, often bear less favourable risk benefit prospects).
Related(20)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com