Is MS in Electrical Engineering Abroad Worth It If You Are Already Earning Well In India

    Updated on: 06 Sep 2023 13 min read

    In yet another article in our series, “Is it Worth Studying Abroad if you are Already Earning Well in India?,” we explore the financial worth of doing an MS in Electrical Engineering abroad. If you wish to check the same analyses for the following courses - Mechanical Engineering, Computer Science,  Material Science, Chemical Engineering, Biotechnology, Aerospace please click on the given links.

    What are the Benefits After MS in Electrical Engineering Abroad?

    Let’s first take you through the scope of electrical engineering in foreign countries before moving on to the financial worth of higher education abroad. The US Bureau of Labor Statistics projects only a 2% growth (slower than the average) in EE jobs till 2028. The Canadian government data indicates a fair job growth over the next couple of years (till 2020) for electrical engineering professionals. A moderate number of new positions are projected to fill the gap created by retirements. There will be about 1800 job openings annually until 2025. For Germany, the trends suggest that till 2025, an increasing percentage of work-force (25% by 2025) will comprise of high skill level (science, engineering, teaching, etc.) professionals, which is slightly higher than the EU average. The Australian government’s data indicates that there are likely to be 6000 job openings for graduates from this discipline for over 5 years.

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    Verdict: If you are thinking of going for MS in Electrical Engineering from Australia over a job in India that is earning you ₹ 15 or 25 lakhs annually, then drop your plans now! The NPV is dreadfully negative for colleges of all rankings. 


    There is little doubt that the US is the best place to study MS in Electrical Engineering followed by Germany, Canada, and Australia. However, we advise you to go to the US only if your current salary from a job in India is ₹ 5 lakhs to ₹ 15 lakhs in India. 
     You can opt to go to Germany, Australia or Canada if you are earning ₹ 5 lakhs a year from a job in India. However, if you are earning in the bracket of 15 lakhs to 25 lakhs, it would prove to be a bad investment of time and money. Most importantly, you should not opt for MS in Electrical Engineering abroad if you are already earning ₹ 25 lakhs annually in India.

Written by Yogender Panchal

Yogender is a tech enthusiast with specialization in digital marketing. He is currently working at Gyandhan a leading company which provides Education Loan who are studying Abroad. Playing Volleyball, driving a car, traveling, researching new online marketing trends are some of his interest areas that keeps his rejuvenated.

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Reviewed by Aman Jain

Aman Jain graduated from IIT Kanpur, and currently functions as the CMO at GyanDhan. He is deeply passionate about creating equality in higher education and has directly interacted with 2 Lakh students in his 8-year-long journey.

Specializes in:
Education loan , Study Abroad Admissions

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