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Post Graduate studies in India Vs Abroad

Post Graduate studies in India Vs Abroad

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Higher education is a goal for many students. It is a great way to improve knowledge in the subject of choice and also a way to add practical aspects of learning to theory.  A lot of students have a dilemma about where to pursue masters - India or abroad. In this article, we look at a few aspects of higher education that can help you decide where to head for that post graduate degree.

 

 

 

 

 

Let's start by listing down the key parameters to consider:

1. Long term plan

2. Finances

3. Quality of Education

4. Exposure

 

LONG TERM PLAN

Lots of students want to settle in foreign countries like USA, UK, Canada, Australia, Germany etc. This is because of various factors like quality of life, opportunities to earn more, different lifestyle etc. If you are one of those students, higher studies is probably the easiest and the best routes to fulfill that dream of yours. 

 

FINANCES

Higher education is a very costly exercise. It costs at least 10 lakhs to be able to start off on a foreign degree. The test taking, application, admission, visa and tickets can cost anywhere between 1.2 to 1.8 lakhs. You would need to be able to pay for at least the first semester fee before you can start earning enough money to pay the fee for remaining semesters. Loans are available from most of the banks. It is illegal to work off campus in most of the foreign countries. Some of the people you know might have done it, but it is definitely not the safest thing to do.

 

QUALITY OF EDUCATION

Post Graduate studies are a stairway to great career. The degree you get should add a lot of value to your career.  There are some excellent Colleges/ Universities in India that offer post graduate studies. If you can make it into IISc, IITs, IIMs, NITs etc., you are off to a flying start for your career. If you cannot make it to the top tier colleges in India, you will find it very difficult to learn significantly. If you are serious about higher studies in India, give it your best shot and aim to get into the top colleges in India.

 

Off late many shady universities have surfaced in USA and other countries. If quality education is your aim, stay away from those universities. It is nothing but criminal waste of money and time. 

 

EXPOSURE

Post graduate studies abroad attract best talent from across the world. It gives you a lot of exposure into different cultures which might be extremely useful for you later in life. Top Tier institutes in India too attract the best talent from across the country. There is a lot to learn from such interactions.

 

Keep these factors in mind if you are contemplating higher studies and are not sure where to go. You can always write to us at bojja@mypower.in and get your doubts clarified at any point. Please post your comments below to have a meaningful discussion.

 

About the author

This article was contributed by Raghu who did his masters in the US, worked for a while there and then came back to India to pursue PGDM from IIM Kozhikode. He now runs an education company based out of Hyderabad.

 

 


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