Is MS in Material Science Abroad Worth it if you are Already Earning Well in India?

    Updated on: 06 Sep 2023 11 min read

    Studying overseas, be it Australia, the United States, Germany, or Canada, is an expensive affair. Money is, in fact, the biggest factor to consider while choosing to study abroad. At GyanDhan, we have created the estimate future earnings tool which helps you find out if an investment in higher education abroad will generate a net profit ten years down the line or not.
    Using the tool, in a recent blog, we answered the question - Is studying MS in Mechanical Engineering a good option if you’re already earning well in India. Continuing the pattern, today we analyze ‘if it’s worth leaving your current or potential job in India and study MS in Material Science abroad?’

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    Verdict: If your remuneration falls anywhere between INR 15 and 25 Lakhs, you’ll be better off continuing in your present professional position. No college in Australia offers a positive NPV for the MS in Material Science degree in these cases.

    Encapsulating the Choice: MS in Material Science Abroad or Job in India

    For Canada, Germany, and Australia, selecting MS in Material Science over a current job in India is a prudent decision if the salary is five lakhs or less. For the US, the decision to study abroad will be a sensible one up to a salary of INR 15 lakhs. If you currently or expected salary is not covered here, you can interpolate for an approximation or use our Estimate Future Earnings tool to get a more accurate picture.

    ← Is MS in Computer Science Abroad Worth it   Is MS in Mechanical Engineering Abroad Worth it →

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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