MS in abroad after Engineering cost
Students are frequently perplexed as to which course to pursue after graduation. MS stands for Master of Science, and it is an advanced postgraduate degree granted by major science and research institutions. The Master of Science degree is available in two primary fields: engineering and management, and it takes 1.5 to 3 years to complete in full-time mode.
Software Engineering, Biochemical Engineering, and many more engineering specializations are available, as are Consultant Management, Quality Management, and other management and entrepreneurship specialties. Following graduation, the most popular option for most students is to work as a Research Scientist in both private and government institutions, conducting research.
MS after Engineering: Eligibility
There are two domains where MS is available. As listed below, each has its own set of eligibility criteria:
Students in the Science domain must have completed at least 50-60% of their BTech, BE, or MSc study. Admission to an MS degree program requires a valid GATE score. You can also take the CSIR/UGC NET/NBHM exams if you don’t want to take GATE. If you do not have any of these scores, you must have received an 80 percent or higher CGPA in BTech from an IIT.
Students who are from an arts background and who have Master of Arts/MBA in Management and have passed the CAT/GATE/UGC/CSIR/MAT/XAT/ATMA/CSIR (NET)/GMAT/GRE. If you do not have any of these scores, you must have a minimum of three years of managerial experience in lieu of the qualifying test in order to apply for an MS degree.
MS after Engineering: Future Scope
For MS course graduates, the scope and opportunities in the research industry, regardless of type, will only grow. Many research programs and policies necessitate the expertise and oversight of knowledgeable individuals. Opportunities abound in India, as well as other nations like the United States, Canada, Australia, Germany, Sweden, and others.
Many firms, like Accenture, Dr. Reddy’s, Sapient, Novozymes, Novo Nordisk, and others, require the aid of research professionals in their departments. In these businesses, the opportunity to advance in pay grade and compensation is far larger than in government agencies.
Students can work as Research Fellows or Junior Scientists in prominent research institutes in India, such as DRDO, ISRO, National Physical Laboratory, and other world-class research and engineering facilities, with salaries ranging from INR 30,000 to 50,000 per month.
Students typically prefer to pursue a Ph.D. after completing this MS degree, owing to their specialization during their MS studies. However, if you want to enter the business world as a manager, you can enroll in an MBA program.
A GRE score is required by a number of top universities. The GRE examination costs $205 in India (Rs 14,145). In addition, you will need to take either the TOEFL or the IELTS to demonstrate your English language proficiency. The IELTS costs Rs 13,250, while the TOEFL costs $180 (Rs 12,420). Please keep in mind that all of these costs can vary. As a result, the total cost of the GRE and TOEFL/IELTS will be Rs 26,890 approximately.
University Application Cost
Students are charged by universities to review their applications. This is true regardless of whether or not the student gets chosen. MS applications typically cost between $50 and $150 per university. Assuming that students apply to six universities on average and that each application price is $100, the total application cost is $600. (Rs 41,400).
The cost of a visa application
Each country’s visa requirements are different, so the costs will vary accordingly. Countries, on the other hand, usually need students to complete an application form and submit supporting documentation. In addition, governments may demand students to submit biometrics, attend a visa interview, and undergo a medical examination.
The total cost of all of these activities varies by country, but it is USD 360 (Rs 24,840), CAD 335 (Rs 17,500), and AUD 675 (Rs 32,000) for the three most popular countries, namely the United States, Canada, and Australia. For the purposes of this computation, we’ll choose Rs 32,000 as the highest amount you’ll have to pay.
Tuition for University
You will pay the most for this cost part. It is heavily influenced by the university’s reputation, whether it is a public or private institution, and whether or not the student has received any scholarships. In general, more prestigious universities are more expensive, while public universities are less expensive than private universities.
This might range from $ 10,000 for below-average universities to $80,000 for top-tier universities like Stanford for the whole program. We’ll use the average, which is $45,000, for the sake of computation (Rs 31,00,000).
The cost of living varies depending on where you reside (big metropolis vs. small town), the type of housing you have (on-campus vs. off-campus), the number of people you live with, and your lifestyle. With a modest lifestyle, the average monthly living expense will be $1,000 (Rs 69,000), equating to $24,000 for your two-year stay.
While this may appear to be a lot, keep three things in mind. To begin with, if you continue after completion, you have a good probability of earning and recouping your investment. Second, if you have an excellent profile, you may be eligible for scholarships to reduce the overall cost. Finally, there are numerous options for funding this expense, including college loans, part-time work while studying, and so forth